NOT LISTED FOR SALE

240 Riggs Ave Melbourne Beach, FL 32951

Floridana Beach Neighborhood

Estimated Value: $666,710 - $778,000

0.26 Acre
$2,791,069 Price per Acre
11,326 Sq Ft Lot

Last Sold December 22, 2016

Last sale price $120,000 $58 Per Sq Ft

Est. 505% increase in value since last sale

Current estimated payment $4,204/month

116 Days on Market

About This Lot

As of December 2016

Unique opportunity to own the lowest priced lot for sale in this beachside community. Limited lots available, to design a custom home the way you want! Ideal location Cystal Lakes subdivision is located across the street from the ocean, Enjoy walks to the beach & The Indian River.
Close by the quaint beach town of Melbourne Beach & Sebastian Inlet. Nearby shopping, golf & dining.
Survey has been ordered.

Last Agent to Sell the Property

Marcie Kiernan

Tropical Realty & Inv. of Brev License #482720 Listed on: 08/23/2016

Last Buyer's Agent

Dawn Spaccio

Dale Sorensen Real Estate Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,292

Lot Details

  • 0.26 Acre Lot
  • Cleared Lot

HOA Fees

  • $4 Monthly HOA Fees

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Well

Community Details

  • Crystal Lakes Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-38-03-50-0000b.0-0017.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,292

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Crystal Lakes Subd
  • Location Tax and Legal Parcel Number2: 29-38-03-50-0000b.0-0017.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 1292.19
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Lot Size Square Feet2: 11326.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Water Source Well: Yes
  • General Property Information Lot Size Dimensions: 75.0 ft x 150.0 ft
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.26
  • Waterfront: No
  • Lot Features:Cleared: Yes

Utilities

  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 50.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential
  • Lot Dimensions: 75.0 ft x 150.0 ft
  • Lot Size Sq Ft: 11326.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-38-03-50-0000b.0-0017.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1292.19

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2018
Sold by
Native Homes Of Brevard Inc
Bought by
Triconi Donna
Current Estimated Value
$725,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Outstanding Balance
$82,748
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$642,930

Purchase Details

Listed on
Aug 23, 2016
Closed on
Dec 22, 2016
Sold by
Maguire Mary J
Bought by
Native Hoems Of Brevard Inc
Seller's Agent
Marcie Kiernan
Tropical Realty & Inv. of Brev
Buyer's Agent
Dawn Spaccio
Dale Sorensen Real Estate Inc.
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.44%

Purchase Details

Closed on
May 12, 2016
Sold by
Maguire Mary J
Bought by
Maguire Mary J and Mary J Maguire Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Triconi Donna $400,000 Peninsula Title Services Llc
Native Hoems Of Brevard Inc $120,000 Fidelity Natl Title Of Flori
Maguire Mary J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Triconi Donna $112,500
Closed Native Hoems Of Brevard Inc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2016 12/22/16 Sold $120,000 -20.0% $58 / Sq Ft
12/17/2016 12/17/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $150,000 -- $72 / 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 $4,599 $379,470 -- --
2024 $4,529 $368,780 -- --
2023 $4,529 $358,040 $0 $0
2022 $4,273 $347,620 $0 $0
2021 $4,471 $337,500 $0 $0
2020 $4,435 $332,850 $0 $0
2019 $4,401 $325,370 $90,000 $235,370
2018 $1,461 $90,000 $90,000 $0
2017 $1,323 $22,500 $0 $0
2016 $1,235 $80,000 $80,000 $0
2015 $1,292 $80,000 $80,000 $0
2014 $1,317 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Marcie Kiernan

    Seller's Agent in 2016

    Marcie Kiernan

    Tropical Realty & Inv. of Brev

    (321) 431-2858

    40 Total Sales

    Marcie Kiernan
    Section Image

  • D

    Buyer's Agent in 2016

    Dawn Spaccio

    Dale Sorensen Real Estate Inc.

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Map

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

MLS Number: 762690

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-03-50-0000B.0-0017.00

Florida Brevard County Melbourne Beach 32951 Floridana Beach

240 Riggs Ave, Melbourne Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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