NOT LISTED FOR SALE

Estimated Value: $913,000 - $1,045,093

3 Beds
2.5 Baths
2,225 Sq Ft
$815/mo HOA Fee

Last Sold May 30, 2023

Last sale price $1,148,000 $516 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $6,972/month

24 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Balcony
  • Ocean Breeze Elementary School Rated A-
  • Clubhouse
  • Subterranean Parking

About This Home

As of May 2023

Experience the ultimate in luxury oceanfront living with this completely renovated high end fully furnished penthouse unit at the coveted Somerset Condo in Indian Harbour Beach, Florida. Step inside to a breathtaking open living space with luxurious upgraded tile floors and 9 ft ceilings that create an airy and spacious atmosphere, perfect for enjoying the stunning views of the ocean pouring in through the large windows. The chef's kitchen is a true masterpiece, featuring high-end appliances, built-in oven, granite countertops, and dual wine fridge. With its open-concept design, you'll have plenty of counter space for prep work and seating at the breakfast bar, making entertaining effortless and enjoyable. This magnificent condo features three spacious bedrooms, including a primary suite with direct access to the balcony where you can bask in the sound of the waves crashing on the shore. The suite boasts his and hers walk-in closets with built-ins and a beautiful bathroom with honed marble dual vanities, a spacious linen closet, and walk-in shower. Upgraded frameless shower enclosures throughout the bathrooms in the unit. Also, closet organization units throughout the condo provide ample storage space for all your belongings. Enjoy the peace of mind that comes with a brand new roof & A/C, ensuring that your condo is well-protected from the elements. The amenities in this complex are second to none, including private beach access, a pool and spa, and two underground parking spots with locked storage, perfect for keeping your beach gear and other belongings secure. Fully furnished and move-in ready, this Indian Harbour Beach condo is the epitome of luxury oceanfront living, with its impeccable design, high-end finishes, and unbeatable location. The panoramic views of the ocean and the convenience of two underground parking spots, a generous garage storage area, and many other amenities make this penthouse unit a must-see. Don't miss your chance to own a piece of paradise on Florida's beautiful coast. Come see this stunning condo today!'||chr(10)||''||chr(10)||'

Last Agent to Sell the Property

David Curri

David Curri Real Estate Group Listed on: 04/20/2023

Last Buyer's Agent

Sandy Legere

Coldwell Banker Paradise License #704924

Coldwell Banker Paradise

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,013

Year Built

  • Built in 2003

Lot Details

  • West Facing Home

HOA Fees

  • $815 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,225 Sq Ft Home
  • Built-In Features
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Sink Near Laundry

Home Security

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

  • Ocean Breeze Elementary School
  • Hoover Middle School
  • Satellite High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-37-12-1b-00000.0-0117.00

Community Details

Overview

  • Association fees include insurance, pest control, security, sewer, trash, water
  • Somerset Oceanfront Condo Association
  • Somerset Oceanfront Condo Subdivision
  • Maintained Community
  • Car Wash Area
  • 7-Story Property

Amenities

  • Clubhouse
  • Secure Lobby
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,013

Year Built

Built in 2003

Lot Details

0

HOA Fees

$815 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Sink
  • Reso View: Ocean, Water
  • ResoSecurityFeatures: Secured Lobby
  • Reso Association Amenities: Car Wash Area, Clubhouse, Elevator(s), Maintenance Grounds, Maintenance Structure, Pool, Spa/Hot Tub
  • Reso Association Fee Includes: Insurance, Pest Control, Security, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Somerset Oceanfront Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-12-1b-00000.0-0117.00
  • Location Tax and Legal Elementary School: Ocean Breeze
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Annual Amount: 12013.2
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 2225.0
  • General Property Information Building Area Total3: 2225.0
  • General Property Information Lot Size Acres: 0.06
  • General Property Information Lot Size Square Feet2: 2614.0
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 2
  • Pets Allowed Size Limit: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 7
  • Security Features Secured Lobby: Yes
  • ViewOcean: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Elevator, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Spa Features: In Ground
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 7
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: In Ground
  • Roof: Membrane, Other
  • Acres: 0.06
  • Pool Private: No
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Underground2: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 815.0
  • Association Fee Frequency: Monthly
  • Association Name: SOMERSET OCEANFRONT CONDO
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: SOMERSET OCEANFRONT CONDO
  • General Property Information:Association Fee: 815.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Security: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-12-1b-00000.0-0117.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12013.2

MLS Schools

  • Elementary School: Ocean Breeze
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 25, 2023
Sold by
Lazarus Jason
Bought by
Lori J Autry Revocable Living Trust
Seller's Agent
David Curri
David Curri Real Estate Group
Buyer's Agent
Sandy Legere
Coldwell Banker Paradise
List Price
$1,244,000
Sold Price
$1,148,000
Premium/Discount to List
-$96,000
-7.72%
Views
26
Current Estimated Value
$969,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$178,477
Avg. Annual Appreciation
-6.46%

Purchase Details

Listed on
Oct 30, 2020
Closed on
Jan 8, 2021
Sold by
Murray John Warren and Murray Anna Myatt
Bought by
Lazarus Jason and Tremblay Lindsay
Seller's Agent
Barbara Wall
BHHS Florida Realty
Buyer's Agent
David Curri
David Curri Real Estate Group
List Price
$849,900
Sold Price
$777,500
Premium/Discount to List
-$72,400
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.79%
Original Mortgage
$441,788
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2017
Closed on
Mar 29, 2017
Sold by
Murrell Barbara A and Murrell Ii James O
Bought by
Murray John Warren and Murray Anna Myatt
Seller's Agent
Carolyn Schumann
Carnu Realty LLC
Buyer's Agent
Barbara Wall
BHHS Florida Realty
List Price
$599,900
Sold Price
$570,000
Premium/Discount to List
-$29,900
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$456,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2007
Sold by
Murrell James O and Murrell Barbara A
Bought by
Murrell Barbara A and Murrell Ii James O

Purchase Details

Closed on
Mar 31, 2004
Sold by
Somerset Development Of Brevard Inc
Bought by
Murrell James O and Merrell Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,900
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2003
Sold by
Somerset Development Of Brevard Inc
Bought by
Murray Lilly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,900
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Lori J Autry Revocable Living Trust $1,148,000 State Title Partners
Lazarus Jason $777,500 Florida Ttl & Guarantee Agcy
Murray John Warren $570,000 Title Co Of Brevard
Murrell Barbara A -- None Available
Murrell James O $598,900 --
Murray Lilly S $354,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lazarus Jason $441,788
Previous Owner Murray John Warren $456,000
Previous Owner Murrell James O $298,900
Previous Owner Murray Lilly S $283,900
Closed Murray Lilly S $35,510
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2023 05/30/23 Sold $1,148,000 -7.7% $516 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $1,244,000 +60.0% $559 / Sq Ft
01/11/2021 01/11/21 Sold $777,500 -2.8% $349 / Sq Ft View Prior Sale
11/29/2020 11/29/20 Pending -- -- --
11/05/2020 11/05/20 Price Changed $799,900 -5.9% $360 / Sq Ft
10/30/2020 10/30/20 For Sale $849,900 +49.1% $382 / Sq Ft
03/31/2017 03/31/17 Sold $570,000 -5.0% $256 / Sq Ft View Prior Sale
02/27/2017 02/27/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $599,900 -- $270 / 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 $12,758 $451,870 -- --
2024 $12,964 $805,500 -- --
2023 $12,964 $805,500 $0 $805,500
2022 $12,013 $772,540 $0 $0
2021 $9,100 $546,550 $0 $546,550
2020 $8,489 $501,000 $0 $501,000
2019 $8,678 $501,000 $0 $501,000
2018 $8,788 $496,040 $0 $496,040
2017 $8,767 $480,260 $0 $480,260
2016 $8,789 $469,650 $0 $0
2015 $8,786 $454,550 $0 $0
2014 $8,136 $413,230 $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: 962348

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-12-1B-00000.0-0117.00