NOT LISTED FOR SALE

255 Ocean View Ln Unit A-B Indialantic, FL 32903

Estimated Value: $606,000 - $733,000

-- Bed
2 Baths
2,528 Sq Ft
$275/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $765,000 $303 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,639/month

45 Days on Market

Highlights

  • Waterfront
  • No HOA
  • 3 Car Attached Garage
  • Indialantic Elementary School Rated A-
  • Cul-De-Sac
  • 4-minute walk to Paradise Beach & Park

About This Home

As of October 2023

This impeccably maintained whole duplex, remodeled in 2020, features an A and B Side. A Side offers 3 bedrooms, 2 updated bathrooms, modern kitchen, private backyard, and 2-car garage. B Side has 2 bedrooms, 2 updated bathrooms, updated kitchen, private backyard, and 1-car garage. Just one block from the ocean, Paradise Beach, and local amenities. Both sides have a successful track record of Super-Host short-term rentals with high booking rates and established long-term rental operations. Ideal for new investors or an owner seeking a residence with an income property. Embrace this lucrative opportunity now!

Last Agent to Sell the Property

Audra Farley

Compass Florida, LLC Listed on: 08/18/2023

Last Buyer's Agent

Justin Hamilton

Florida Lifestyle Realty LLC License #3424914

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,952

Year Built

  • Built in 1979

Lot Details

  • 9,583 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac
  • Street terminates at a dead end

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,528 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 27-37-24-02-00000.0-0024.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,952

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Year Built: 1979
  • Reso Property Sub Type: Duplex
  • ResoLotFeatures: Cul-De-Sac, Dead End Street
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-37-24-02-00000.0-0024.00
  • 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: 6952.39
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 2528.0
  • General Property Information Building Area Total3: 3333.0
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9583.0
  • General Property Information Waterfront YN: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Laminate: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Lot Features Dead End Street: 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
  • Utilities Sewer Connected: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Ice Maker: 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
  • Lot Features:Cul-De-Sac: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 3.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Parking Total: 3.0

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Available
  • 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: 2725982
  • Parcel #: 27-37-24-02-00000.0-0024.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Other

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6952.39

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Oct 6, 2023
Sold by
Fordham Rex M and Fordham Robyn J
Bought by
Jeltuhin Alexander and Jeltuhin Yulia
Seller's Agent
Audra Farley
Compass Florida, LLC
Buyer's Agent
Justin Hamilton
Florida Lifestyle Realty LLC
List Price
$850,000
Sold Price
$765,000
Premium/Discount to List
-$85,000
-10%
Views
229
Current Estimated Value
$730,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,527
Avg. Annual Appreciation
-2.46%
Original Mortgage
$200,000
Outstanding Balance
$197,031
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$533,569

Purchase Details

Closed on
Jul 2, 2020
Sold by
Mirabal Investments Inc
Bought by
Fordham Rex M and Fordham Robyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 5, 2019
Closed on
Jul 31, 2019
Sold by
Allison Burnetta E
Bought by
Mirabal Investments Inc
Seller's Agent
Barry Taylor
Daignault Realty Inc
Buyer's Agent
Jesse Mirabal
Kirschner Real Estate G
List Price
$399,000
Sold Price
$340,000
Premium/Discount to List
-$59,000
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%
Original Mortgage
$292,950
Interest Rate
3.8%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Jeltuhin Alexander $765,000 Alliance Title
Fordham Rex M $499,000 Alliance Title Ins Agcy Inc
Mirabal Investments Inc $340,000 International T&E Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeltuhin Alexander $200,000
Previous Owner Fordham Rex M $374,250
Previous Owner Mirabal Investments Inc $292,950
Previous Owner Allison Betty E $20,000
Previous Owner Allison Joseph A $25,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $765,000 -7.3% $303 / Sq Ft
09/10/2023 09/10/23 Pending -- -- --
08/22/2023 08/22/23 Price Changed $825,000 -2.9% $326 / Sq Ft
08/18/2023 08/18/23 For Sale $850,000 0.0% $336 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $850,000 0.0% $336 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $850,000 +150.0% $336 / Sq Ft
07/31/2019 07/31/19 Sold $340,000 -14.8% $134 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/05/2019 07/05/19 For Sale $399,000 0.0% $158 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
05/30/2019 05/30/19 Price Changed $399,000 -11.3% $158 / Sq Ft
05/09/2019 05/09/19 For Sale $450,000 -- $178 / 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 $7,667 $452,400 $190,000 $262,400
2022 $6,952 $436,050 $0 $0
2021 $6,347 $343,540 $190,000 $153,540
2020 $5,098 $272,650 $150,000 $122,650
2019 $3,393 $218,860 $0 $0
2018 $3,220 $207,860 $0 $0
2017 $3,049 $193,240 $0 $0
2016 $2,955 $179,160 $0 $0
2015 $2,802 $165,140 $110,000 $55,140
2014 $2,622 $157,050 $55,000 $102,050
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Audra Farley

    Compass Florida, LLC

  • Justin Hamilton

    Buyer's Agent in 2023

    Justin Hamilton

    Florida Lifestyle Realty LLC

    (321) 863-3113

    2 in this area

    50 Total Sales

    Section Image
  • Barry Taylor

    Seller's Agent in 2019

    Barry Taylor

    Daignault Realty Inc

    (321) 795-7074

    76 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2019

    Christine Daignault-Taylor

    Daignault Realty Inc

    (321) 591-3228

    72 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    Jesse Mirabal

    Kirschner Real Estate G

See All Agents

Map

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

MLS Number: 969239

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-24-02-00000.0-0024.00

Florida Brevard County Indialantic 32903

255 Ocean View Ln Unit A-B, Indialantic, FL

This home is located at 255 Ocean View Ln Unit A-B, Indialantic, FL 32903 since 18 August 2023 and is currently estimated at $696,254, approximately $275 per square foot. This property was built in 1979. 255 Ocean View Ln Unit A-B is a home located in Brevard County with nearby schools including Indialantic Elementary School, Herbert C. Hoover Middle School, and Melbourne Senior High School.

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.

Nearby Homes