NOT LISTED FOR SALE

Magnolia Bay 2022 Julep Dr Unit 103 Floor 2 Cocoa Beach, FL 32931

Estimated Value: $635,265 - $723,000

3 Beds
3 Baths
2,108 Sq Ft
$328/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $667,500 $317 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,742/month

88 Days on Market

Highlights

  • Boat Dock
  • River Access
  • Heated In Ground Pool
  • Theodore Roosevelt Elementary School Rated 9+
  • Fitness Center
  • River View

About This Home

As of August 2024

NEW PRICE on this extraordinary Luxury Condo! Welcome to Magnolia Bay, one of the most sought after premier condos in Brevard County with spectacular views of the Banana River! Known for superior construction, 11' vaulted ceilings, architectural features, plantation shutters, impact sliders/windows, & under building garage with 2 parking spaces PLUS oversized 11' x 17' private storage room. Between the Banana River and Atlantic Ocean in desirable South Cocoa Beach- you have it all- sunrises to the east over the ocean and sunsets to the west over the river from your luxury condo! Over 2100 sq ft of living space with beautiful flooring, gorgeous formal dining room and electric screen/hurricane shutters on your private, riverfront balcony. Ideal floorplan features a spacious Primary Suite with 2 walk-in closets & river views. Two additional guest bedrooms, large laundry room and spacious private balcony! Amenities include Pool, Hot Tub, Clubhouse, Deck, area for Kayak and Paddleboard Now offering improved price- don't miss your chance! Welcome to Magnolia Bay, one of the most sought after premier condos in Brevard County with direct views of the Banana River! Known for superior construction, 11' vaulted ceilings, architectural features, plantation shutters, impact sliders/windows, & under building garage with 2 parking spaces PLUS oversized 11' x 17' private storage room. Between the Banana River and Atlantic Ocean in desirable South Cocoa Beach- you have it all- sunrises to the east over the ocean and sunsets to the west over the river from your luxury condo! Over 2100 sq ft of living space with beautiful flooring, gorgeous formal dining room and electric screen/hurricane shutters on your private, riverfront balcony. Ideal floorplan features a spacious Primary Suite with 2 walk-in closets & river views. Two additional guest bedrooms, large laundry room and spacious private balcony! Amenities include Pool, Hot Tub, Clubhouse, Deck, area for Kayak and Paddleboardlaunching and short walk to ocean.
This is a true Cocoa Beach hidden Gem!
Call Karen for more info/private showing

Last Agent to Sell the Property

Karen Alford

Blue Marlin Real Estate License #3483752 Listed on: 04/26/2024

Blue Marlin Real Estate

Last Buyer's Agent

Michele Abbenante

Seaside Realty of Brevard License #3296012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,837

Year Built

  • Built in 2007

Lot Details

  • 1,742 Sq Ft Lot
  • East Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking
  • Additional Parking
  • Assigned Parking

Home Design

  • Block Exterior
  • Stucco

Interior Spaces

  • 2,108 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furniture Can Be Negotiated
  • Vaulted Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • High Impact Windows

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • River Access
  • Docks
  • Balcony
  • Porch

Schools

  • Roosevelt Elementary School
  • Cocoa Beach Middle School
  • Cocoa Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25-37-26-27-00000.0-0003.31

Community Details

Overview

  • Association fees include cable TV, insurance, internet, ground maintenance, maintenance structure, sewer, trash
  • Joe Orsini (President) Mbcoapres@Gmail.Com Association
  • Magnolia Bay Condo Ph III Subdivision

Amenities

  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

  • Boat Dock
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,837

Year Built

Built in 2007

Lot Details

0

HOA Fees

$700 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Reso View: River
  • Water Body Name: Banana River
  • Reso Association Amenities: Boat Dock, Clubhouse, Elevator(s), Fitness Center, Spa/Hot Tub, Storage
  • Reso Association Fee Includes: Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Trash
  • ResoSpecialListingConditions: Equitable Interest, Standard
  • Subdivision Name: Magnolia Bay Condo Ph III
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-37-26-27-00000.0-0003.31
  • Location Tax and Legal Elementary School: Roosevelt
  • Location Tax and Legal Middle School2: Cocoa Beach
  • Location Tax and Legal High School: Cocoa Beach
  • Location Tax and Legal Tax Annual Amount: 4836.69
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 2108.0
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Lot Size Square Feet2: 1742.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features In Ground: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 2
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Number Limit: Yes
  • Waterfront Features Waterfront Community: Yes
  • General Property Information Stories Total: 4
  • Interior Features Guest Suite: Yes
  • Pool Features Electric Heat: Yes
  • Utilities Sewer Available: Yes
  • Pets Allowed Dogs OK: Yes
  • Pool Features Heated: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • Spa Features Heated2: Yes
  • General Property Information Stories2: 1
  • Marketing Remarks:Marketing Remarks: NEW PRICE on this extraordinary Luxury Condo! Welcome to Magnolia Bay, one of the most sought after premier condos in Brevard County with spectacular views of the Banana River! Known for superior construction, 11' vaulted ceilings, architectural features, plantation shutters, impact sliders/windows, & under building garage with 2 parking spaces PLUS oversized 11' x 17' private storage room. Between the Banana River and Atlantic Ocean in desirable South Cocoa Beach- you have it all- sunrises to the east over the ocean and sunsets to the west over the river from your luxury condo! Over 2100 sq ft of living space with beautiful flooring, gorgeous formal dining room and electric screen/hurricane shutters on your private, riverfront balcony. Ideal floorplan features a spacious Primary Suite with 2 walk-in closets & river views. Two additional guest bedrooms, large laundry room and spacious private balcony! Pool, Hot Tub, Clubhouse, Deck, Kayak/Paddleboard area. Call Karen 305-491-7998
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Elevator, Guest Suite, His and Hers Closets, Open Floorplan, Pantry, Split Bedrooms, Vaulted Ceiling(s)
  • Flooring: Tile
  • Spa Features: Heated, In Ground
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 1
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Interior Features:Elevator: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Exterior Features: Balcony, Dock, Impact Windows, Storm Shutters
  • Pool Features: Community, Electric Heat, Heated, In Ground
  • Acres: 0.04
  • Waterfront Features: River Access, River Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes
  • Exterior Features:Dock: Yes
  • Exterior Features:Impact Windows: Yes
  • Waterfront Features:River Access: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Assigned, Garage, Garage Door Opener, Guest
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Available, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 700.0
  • Association Fee Frequency: Monthly
  • Association Name: Joe Orsini (President) mbcoapres@gmail.com
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Joe Orsini (President) mbcoapres@gmail.com
  • General Property Information:Association Fee: 700.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Internet: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Storage: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Fee Includes:Maintenance Structure: Yes

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 1742.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-37-26-27-00000.0-0003.31
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4836.69

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Aug 23, 2024
Sold by
Wilkison David Stephen and Wilkison Sandra Roxanne
Bought by
Eleanor Kittle-Ingalsbe Revocable Trust and Michael Ingalsbe Revocable Trust
Seller's Agent
Karen Alford
Blue Marlin Real Estate
Buyer's Agent
Michele Abbenante
Seaside Realty of Brevard
List Price
$739,000
Sold Price
$667,500
Premium/Discount to List
-$71,500
-9.68%
Views
308
Current Estimated Value
$691,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,316
Avg. Annual Appreciation
2.73%

Purchase Details

Listed on
Nov 14, 2019
Closed on
Dec 30, 2019
Sold by
Locey Costa and Locey Martin
Bought by
Wilkison David Stephen and Wilkison Sandra Roxanne
Seller's Agent
Barbara Schluraff
Century 21 Ocean
Buyer's Agent
Jason Rosensweig
HomeSmart Coastal Realty
List Price
$497,500
Sold Price
$485,000
Premium/Discount to List
-$12,500
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$348,380
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2016
Closed on
Feb 1, 2017
Sold by
Hash Denise M
Bought by
Locey Patricia Costa and Locey Martin
Seller's Agent
Barbara Schluraff
Century 21 Ocean
Buyer's Agent
Margarita Pecoraro
Ocean Realty Partners LLC
List Price
$417,000
Sold Price
$400,000
Premium/Discount to List
-$17,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$360,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2012
Closed on
Apr 3, 2012
Sold by
Fbc Of Brevard Llc
Bought by
Hash Denise M
Seller's Agent
Steve Romano
RE/MAX Elite
Buyer's Agent
Steve Romano
RE/MAX Elite
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$256,000
Interest Rate
3.96%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eleanor Kittle-Ingalsbe Revocable Trust $667,500 International Title & Escrow
Wilkison David Stephen $485,000 International T&E Co Llc
Locey Patricia Costa $400,000 International Title And Escr
Hash Denise M $320,000 Mosley & Wallis Title Servic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilkison David Stephen $348,380
Previous Owner Locey Patricia Costa $360,000
Previous Owner Hash Denise M $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $667,500 -4.6% $317 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $699,900 -2.1% $332 / Sq Ft
06/21/2024 06/21/24 Price Changed $715,000 -3.2% $339 / Sq Ft
06/14/2024 06/14/24 For Sale $739,000 0.0% $351 / Sq Ft
06/14/2024 06/14/24 Off Market $739,000 -- --
05/16/2024 05/16/24 Price Changed $739,000 -2.8% $351 / Sq Ft
04/26/2024 04/26/24 For Sale $760,000 +56.7% $361 / Sq Ft
12/30/2019 12/30/19 Sold $485,000 -2.5% $230 / Sq Ft View Prior Sale
11/22/2019 11/22/19 Pending -- -- --
11/14/2019 11/14/19 For Sale $497,500 +24.4% $236 / Sq Ft
02/06/2017 02/06/17 Sold $400,000 -4.1% $190 / Sq Ft View Prior Sale
12/06/2016 12/06/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $417,000 +30.3% $198 / Sq Ft
04/04/2012 04/04/12 Sold $320,000 -3.0% $152 / Sq Ft View Prior Sale
03/01/2012 03/01/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $329,900 -- $156 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,888 $534,480 -- --
2024 $4,837 $410,410 -- --
2023 $4,837 $398,460 $0 $0
2022 $4,502 $386,860 $0 $0
2021 $4,659 $375,600 $0 $0
2020 $4,625 $370,420 $0 $0
2019 $3,793 $299,500 $0 $0
2018 $3,816 $293,920 $0 $0
2017 $5,096 $337,020 $0 $337,020
2016 $5,020 $315,760 $0 $0
2015 $5,056 $303,620 $0 $0
2014 $4,795 $281,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1011884

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-26-27-00000.0-0003.31