NOT LISTED FOR SALE

2575 Coral Way Malabar, FL 32950

Estimated Value: $799,000 - $1,002,639

4 Beds
5 Baths
3,929 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $750,000 $191 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,892/month

68 Days on Market

Highlights

  • Waterfront Community
  • Intracoastal View
  • Open Floorplan
  • Boat Dock
  • Private Pool
  • Vaulted Ceiling

About This Home

As of March 2021

Located in the exclusive Rock Point community, this beautiful, spacious home is the perfect balance between luxury and practicality. High ceilings and open floorplans combine with perfectly placed bedrooms to create a magnificent living space for small or large families alike. Enjoy views of the Intracoastal Waterway from your property, and use of the community dock just a few hundred feet away. The house boasts 5 full bathrooms, including one on the patio for use with your private pool. The oversized upstairs bedroom is an excellent option for use as hobby room, or home theater. The oversized 3-car garage is ready for your toys, so bring your golf cart for sunset joyrides along the waterfront. Come see your piece of paradise today!

Last Agent to Sell the Property

James Warthen

RISE Realty Services License #3395433 Listed on: 11/10/2020

Last Buyer's Agent

Marcie Bolt

Engel & Voelkers Melb. Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,102

Year Built

  • Built in 1996

Lot Details

  • 1.03 Acre Lot
  • West Facing Home
  • Corner Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Intracoastal
  • River
  • Pool

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,929 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Screened Porch
  • Hurricane or Storm Shutters

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 5 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Grip-Accessible Features
  • Level Entry For Accessibility
  • Accessible Entrance

Pool

  • Private Pool
  • Screen Enclosure

Outdoor Features

  • Patio

Schools

  • Port Malabar Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

  • Central Air
  • Heating Available
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 29-38-08-25-00000.0-0013.00

Community Details

Overview

  • Rocky Point Association
  • Rocky Point Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,102

Year Built

Built in 1996

Lot Details

0

HOA Fees

$10 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Corner Lot, Sprinklers In Front, Sprinklers In Rear
  • Reso View: Pool, River, Water, Intracoastal
  • Reso Association Amenities: Boat Dock, Maintenance Grounds
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Rocky Point
  • Reso Accessibility Features: Accessible Entrance, Grip-Accessible Features
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 29-38-08-25-00000.0-0013.00
  • Location Tax and Legal Elementary School: Port Malabar
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 4102.17
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 3929.0
  • General Property Information Building Area Total3: 4738.0
  • General Property Information Lot Size Acres: 1.03
  • General Property Information Lot Size Square Feet2: 44867.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features Private: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Pool Features Screen Enclosure: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • Room Types Bonus Room: Yes
  • View Intracoastal: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Tile
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Range, Electric Water Heater, Refrigerator, Water Softener Owned
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Skylight(s): Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: Private, Screen Enclosure
  • Roof: Shingle
  • Acres: 1.03
  • Waterfront Features: Waterfront Community
  • Waterfront: No
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Accessibility Features:Grip-Accessible Features: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Accessibility Features:Accessible Entrance: Yes
  • View:River: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 120.0
  • Association Fee Frequency: Annually
  • Association Name: ROCKY POINT
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: ROCKY POINT
  • General Property Information:Association Fee: 120.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 44867.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2953429
  • Parcel #: 29-38-08-25-00000.0-0013.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4102.17

MLS Schools

  • Elementary School: Port Malabar
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Mar 11, 2021
Sold by
Oldham Mark S
Bought by
Izaguirre Eduardo and Craft Bradley H
Seller's Agent
James Warthen
RISE Realty Services
Buyer's Agent
Marcie Bolt
Engel & Voelkers Melb. Central
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%
Current Estimated Value
$931,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,660
Avg. Annual Appreciation
5.29%
Original Mortgage
$548,250
Outstanding Balance
$492,828
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$453,959

Purchase Details

Closed on
Dec 6, 2012
Sold by
Cleveland Betty G
Bought by
Cleveland Betty G and Betty G Cleveland Trust

Purchase Details

Closed on
Jan 26, 2001
Sold by
Cleveland Betty G and Cleveland Keith R
Bought by
Cleveland Betty G and Cleveland Keith R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Izaguirre Eduardo $750,000 Bella Title & Escrow Inc
Cleveland Betty G -- Attorney
Cleveland Betty G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Izaguirre Eduardo $548,250
Previous Owner Cleveland Keith R $100,000
Previous Owner Cleveland Betty G $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $750,000 -6.1% $191 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
11/10/2020 11/10/20 For Sale $799,000 -- $203 / 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
2024 $11,015 $809,920 -- --
2023 $11,015 $693,130 $155,000 $538,130
2022 $10,956 $714,650 $0 $0
2021 $7,546 $531,610 $130,000 $401,610
2020 $4,102 $338,630 $0 $0
2019 $4,057 $331,020 $0 $0
2018 $4,043 $324,850 $0 $0
2017 $4,083 $318,170 $0 $0
2016 $4,127 $311,630 $55,000 $256,630
2015 $4,241 $309,470 $55,000 $254,470
2014 $4,239 $307,020 $55,000 $252,020
Source: Public Records

Agents Affiliated with this Home

  • James Warthen

    Seller's Agent in 2021

    James Warthen

    RISE Realty Services

    (321) 766-5674

    1 in this area

    6 Total Sales

    James Warthen
    Section Image

  • M

    Buyer's Agent in 2021

    Marcie Bolt

    Engel & Voelkers Melb. Central

See All Agents

Map

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

MLS Number: 890006

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-08-25-00000.0-0013.00

Florida Brevard County Malabar 32950

2575 Coral Way, Malabar, FL

This home is located at 2575 Coral Way, Malabar, FL 32950 since 10 November 2020 and is currently estimated at $931,660, approximately $237 per square foot. This property was built in 1996. 2575 Coral Way is a home located in Brevard County with nearby schools including Port Malabar Elementary School, Stone Magnet Middle School, and Palm Bay Magnet 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.

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