$280,000
SOLD DEC 16, 2016
-- Bed
-- Bath
2,560 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$109 Per Sq Ft

12% Above List Price

2 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Tile Flooring
  • Indialantic Elementary School Rated A-
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of October 2021

Hot Investment Opportunity Beachside! Duplex Located in the Heart of Indialantic Just a Block to the Boardwalk. Each Unit is 2 Bedrooms, 1 Bath, with a Screen Porch, Privacy Fence, and 1 Car Garage. Updated Electrical Panel, Air Conditioning, Tile Flooring. Updated Exterior Paint with TEX-COTE Elastomeric Coating.

Last Agent to Sell the Property

Mary Crawford

REALTY EXECUTIVES Space Coast License #584285 Listed on: 12/05/2016

REALTY EXECUTIVES Space Coast

Co-Listed By

Stephanie Kraemer

REALTY EXECUTIVES Space Coast License #3266763

Last Buyer's Agent

Brenda Reinhart

Sea Turtle Realty License #3161684

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,675

Year Built

  • Built in 1962

Lot Details

  • 9,583 Sq Ft Lot
  • Waterfront

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,560 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Electric Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • The owner pays for grounds care, insurance, sewer, taxes, water
  • Assessor Parcel Number 27-38-31-Eo-00022.0-0005.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Indialantic By The Sea Subdivision

Building Details

  • Operating Expense $8,894
  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,675

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Electric Dryer Hookup
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1130
  • Co List Office Phone: 321-821-4230
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indialantic By The Sea
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00022.0-0005.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 3674.7
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 2560.0
  • General Property Information Building Area Total3: 1894.0
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9583.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Number Of Units Total2: 2.0
  • General Property Information Water Frontage Feet: 2
  • Gross Scheduled Income: 20400.0
  • Income And Expenses Operating Expense: 8894.0
  • Utilities Sewer Connected: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.22
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached
  • Total Parking Spaces: 4.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • General Property Information:Parking Total: 4.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2731093
  • Parcel #: 27-38-31-Eo-00022.0-0005.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Insurance, Sewer, Taxes, Water

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3674.7

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 8894.0

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Oct 26, 2021
Sold by
Ww Brevard Llc
Bought by
Tweito Timothy H and Tweito Heather N
Seller's Agent
Gibbs Baum
One Sotheby's International
Buyer's Agent
Gregory Zimmerman
One Sotheby's International
List Price
$549,000
Sold Price
$625,000
Premium/Discount to List
$76,000
13.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%

Purchase Details

Closed on
Jul 8, 2020
Sold by
Gw Properties & Renovation Of Brevard In
Bought by
Ww Brevard Llc

Purchase Details

Listed on
Dec 5, 2016
Closed on
Dec 1, 2016
Bought by
Gw Properties & Renovation Of
Seller's Agent
Mary Crawford
REALTY EXECUTIVES Space Coast
Buyer's Agent
Brenda Reinhart
Sea Turtle Realty
List Price
$249,900
Sold Price
$280,000
Premium/Discount to List
$30,100
12.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.56%

Purchase Details

Closed on
Jul 1, 1999
Sold by
Stremel William M
Bought by
Horseshoes Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,454
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 1994
Sold by
William M Stremel Rev Tr
Bought by
Horseshoes Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
9.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 1994
Sold by
Stremel William W
Bought by
Stremel William W
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $569,000 Title Security & Escrow Of C
Quit Claim Deed -- None Available
Deed $280,000 --
Warranty Deed -- --
Warranty Deed $138,000 --
Deed $105,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $15,000 Credit Line Revolving
Previous Owner $136,454 Purchase Money Mortgage
Previous Owner $85,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 Pending -- -- --
06/10/2025 06/10/25 For Sale $765,000 0.0% $323 / Sq Ft
05/11/2025 05/11/25 Pending -- -- --
04/28/2025 04/28/25 Off Market $765,000 -- --
03/12/2025 03/12/25 Price Changed $765,000 -1.3% $323 / Sq Ft
02/11/2025 02/11/25 Price Changed $775,000 -3.0% $327 / Sq Ft
01/23/2025 01/23/25 For Sale $799,000 0.0% $338 / Sq Ft
10/07/2024 10/07/24 Rented $3,700 -7.5% --
11/26/2023 11/26/23 Under Contract -- -- --
10/04/2023 10/04/23 For Rent $4,000 +14.3% --
02/01/2022 02/01/22 Rented $3,500 0.0% --
01/14/2022 01/14/22 Under Contract -- -- --
01/07/2022 01/07/22 Price Changed $3,500 -6.7% $1 / Sq Ft
12/20/2021 12/20/21 Price Changed $3,750 -6.3% $2 / Sq Ft
11/29/2021 11/29/21 For Rent $4,000 0.0% --
10/26/2021 10/26/21 Sold $625,000 -3.7% $267 / Sq Ft
08/18/2021 08/18/21 Price Changed $649,000 +18.2% $278 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $549,000 +96.1% $235 / Sq Ft
12/16/2016 12/16/16 Sold $280,000 +12.0% $109 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
12/05/2016 12/05/16 For Sale $249,900 -- $98 / 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
2023 $8,609 $527,810 $170,000 $357,810
2022 $8,636 $548,600 $0 $0
2021 $758 $42,000 $42,000 $0
2020 $770 $42,000 $42,000 $0
2019 $5,041 $265,160 $140,000 $125,160
2018 $4,844 $248,000 $0 $248,000
2017 $4,352 $225,000 $0 $225,000
2016 $3,675 $183,000 $0 $0
2015 $3,659 $175,000 $100,000 $75,000
2014 $3,433 $161,000 $90,000 $71,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: 770469

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00022.0-0005.00