$457,000 - $538,000
RENTED JUN 1, 2025

2772 Addison Dr Melbourne, FL 32940

3 Beds
3 Baths
2,100 Sq Ft
$229 Price per Sq Ft

Last Sold March 14, 2022

Last sale price $371,036 $177 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,014/month

Highlights

  • Lake Front
  • Home fronts a pond
  • Community Pool
  • Viera Elementary School Rated A
  • Open Floorplan
  • Central Heating and Cooling System

About This Home

As of June 2025

~* NEW HOME AVAILABLE FOR RENT IN LOREN COVE! *~ 3 Bed, 2 Bath, 2-Car Garage, with a lake view and an open floor plan. Large Great room looks out onto the extended lanai, which offers an expansive view of the lake. Gourmet kitchen features quartz counter tops, an island with a deep sink and a separate wine fridge. Over-sized Master Bedroom has a spacious walk-in closet, double sinks, and a large shower. Gorgeous subway tile throughout home. The luxurious Addison Village community center is steps away and features a clubhouse, tennis courts, two pools, and a schedule of planned activities. Close to other Viera parks, playgrounds, walking and biking trails. Retail and restaurants at the Avenue, the Viera Hospital, Duran Golf Club, and A-rated schools are all close by.

Last Agent to Rent the Property

Joel Howell

Atlantic Properties & Inv, Inc License #3339929 Listed on: 04/15/2025

Last Renter's Agent

Joel Howell

Atlantic Properties & Inv, Inc License #3339929 Listed on: 04/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,566

Year Built

  • Built in 2022

Lot Details

  • 6,098 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • South Facing Home

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Open Floorplan

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Quest Elementary School
  • Delaura Middle School
  • Viera High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Property Available on 6/1/25
  • The owner pays for association fees, common area maintenance, exterior maintenance, grounds care, trash collection
  • Assessor Parcel Number 26-36-16-52-0000h.0-0010.00

Community Details

Overview

  • Property has a Home Owners Association
  • Loren Cove Subdivision

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,566

Year Built

Built in 2022

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Common Area Maintenance, Exterior Maintenance, Grounds Care, Trash Collection
  • Available Date: 2025-06-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2022
  • Reso Property Sub Type: Duplex
  • Reso Association Amenities: Pool
  • Subdivision Name: Loren Cove
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 26-36-16-52-0000h.0-0010.00
  • Location Tax and Legal Elementary School: Quest
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Viera
  • General Property Information Living Area2: 2100.0
  • General Property Information Lot Size Acres: 0.14
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • General Property Information Stories Total: 1
  • Utilities Natural Gas Connected: Yes
  • Utilities Sewer Available: Yes
  • Utilities Electricity Available: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Open Floorplan
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Acres: 0.14
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Direction Faces: South
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Available, Natural Gas Connected, Sewer Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: Yes

Association/Amenities

  • Owner Pays:Association Fees: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 3017752
  • Parcel #: 26-36-16-52-0000h.0-0010.00

MLS Schools

  • Elementary School: Quest
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Mar 14, 2022
Sold by
Viera Builders Inc
Bought by
Gelman Eric and Gelman Terri
Seller's Agent
Joel Howell
Atlantic Properties & Inv, Inc
Buyer's Agent
Richard Nelson
RE/MAX 2000
Sold Price
$3,000
Current Estimated Value
$481,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,000
Avg. Annual Appreciation
7.58%
Original Mortgage
$278,277
Outstanding Balance
$262,310
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$214,116
Source: Public Records

Range of Values:

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Average Value
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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
Gelman Eric $371,100 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gelman Eric $278,277
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 Rented $2,900 -9.4% --
04/25/2025 04/25/25 Under Contract -- -- --
04/15/2025 04/15/25 For Rent $3,200 +10.3% --
02/15/2024 02/15/24 Rented $2,900 0.0% --
01/30/2024 01/30/24 Under Contract -- -- --
01/22/2024 01/22/24 For Rent $2,900 0.0% --
11/15/2023 11/15/23 Rented $2,900 0.0% --
11/10/2023 11/10/23 Under Contract -- -- --
10/29/2023 10/29/23 Price Changed $2,900 -3.3% $1 / Sq Ft
10/26/2023 10/26/23 Price Changed $3,000 -6.3% $1 / Sq Ft
10/17/2023 10/17/23 For Rent $3,200 +6.7% --
04/11/2022 04/11/22 Rented $3,000 -99.2% --
03/28/2022 03/28/22 Under Contract -- -- --
03/14/2022 03/14/22 Sold $371,036 0.0% $222 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $371,036 0.0% $222 / Sq Ft
03/14/2022 03/14/22 For Rent $3,000 -- --
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 $4,566 $316,790 $120,000 $196,790
2022 $992 $50,000 $0 $0
2021 $781 $50,000 $50,000 $0
2020 $798 $50,000 $50,000 $0
2019 $820 $50,000 $50,000 $0
2018 $60 $4,100 $4,100 $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: 1043232

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-16-52-0000H.0-0010.00