NOT LISTED FOR SALE

2935 S Highway A1a Melbourne Beach, FL 32951

Melbourne Beach Neighborhood

Estimated Value: $629,363 - $787,000

-- Bed
-- Bath
1,584 Sq Ft
$427/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $680,000 $429 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,033/month

2 Days on Market

Highlights

  • Ocean Front
  • 1 Car Attached Garage
  • Central Air
  • Gemini Elementary School Rated A-
  • Tile Flooring

About This Home

As of August 2023

(All investors) Money Making Opportunity!!!
Cash Flow property Direct Oceanfront Corner unit. 3 floors, 2 balconies, 1 step to the sand. Rent Daily, Nightly, Weekly, Monthly or Yearly. Comfortably sleeps 12. (comparable oceanfront rentals are upwards of $400 per night). Extremely rare opportunity to create a tremendous revenue stream. Impossible to duplicate the stature with high ceilings & design which offers split level views of the most magnificent beach in the world. Brand new Hot water heater, newer AC, lots of upgrades. Beds & furniture negotiable. Direct beach access at your door step. Don't miss this chance for Endless rental income, on one of the most beautiful beaches in the world. Submit offers quickly.

Last Agent to Sell the Property

Jason Soares

Blue Oceans Realty LLC License #3101461 Listed on: 07/03/2023

Last Buyer's Agent

Jason Soares

Blue Oceans Realty LLC License #3101461 Listed on: 07/03/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,121

Year Built

  • Built in 1978

Lot Details

  • 5,663 Sq Ft Lot
  • Ocean Front

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Additional Parking

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Cable TV Available

Community Details

  • 21 Units
  • Opus 21 Townhouse Condo Subdivision

Listing and Financial Details

  • The owner pays for grounds care, insurance, pest control, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,121

Year Built

Built in 1978

Lot Details

0

HOA Fees

$650 per month

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1978
  • Reso Property Sub Type: Multi Family
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Opus 21 Townhouse Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • General Property Information Living Area2: 1584.0
  • General Property Information Building Area Total3: 1584.0
  • General Property Information Lot Size Acres: 0.13
  • General Property Information Lot Size Square Feet2: 5662.8
  • General Property Information Waterfront YN: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Utilities Cable Available: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Number Of Units Total2: 21.0
  • General Property Information Water Frontage Feet: 1
  • Utilities Sewer Connected: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Pool Features: None
  • Roof: Tile
  • Acres: 0.13
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Attached
  • Total Parking Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Attached: Yes
  • General Property Information:Parking Total: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 650.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 650.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2849307
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Insurance, Pest Control, Sewer, Other

Multi Family

  • Number Of Units Total: 21

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Aug 10, 2023
Sold by
Nancy E Wallent Revocable Trust
Bought by
Jdv Construction And Consulting Llc
Seller's Agent
Jason Soares
Blue Oceans Realty LLC
Buyer's Agent
Jason Soares
Blue Oceans Realty LLC
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Views
27
Current Estimated Value
$686,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,288
Avg. Annual Appreciation
-1.34%
Original Mortgage
$476,000
Outstanding Balance
$467,285
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$194,729

Purchase Details

Closed on
Mar 14, 2018
Sold by
Bazzy L Allan
Bought by
Wallent Nancy E

Purchase Details

Closed on
Dec 16, 2009
Sold by
Fillmore Constance
Bought by
Bazzy L Allan

Purchase Details

Closed on
May 22, 2009
Sold by
Fillmore Constance
Bought by
Fillmore Constance

Purchase Details

Closed on
Jan 14, 2009
Sold by
Bazzy L Allan and Bazzy Constance Fillmore
Bought by
Bazzy L Allan and Fillmore Constance
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
Jdv Construction And Consulting Llc $680,000 Prestige Title Of Brevard
Wallent Nancy E $500,000 Supreme Title Closings Llc
Bazzy L Allan -- Attorney
Fillmore Constance -- Attorney
Bazzy L Allan -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jdv Construction And Consulting Llc $476,000
Previous Owner Bazzy L Allan $464,000
Previous Owner Bazzy L Allan $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $680,000 -2.7% $429 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
07/02/2023 07/02/23 For Sale $699,000 -- $441 / 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 $7,121 $561,210 $0 $561,210
2022 $6,527 $561,210 $0 $0
2021 $6,025 $431,880 $0 $431,880
2020 $5,693 $399,880 $0 $399,880
2019 $5,664 $388,240 $0 $388,240
2018 $5,481 $393,660 $0 $393,660
2017 $5,020 $328,500 $0 $328,500
2016 $5,007 $328,500 $0 $0
2015 $4,741 $256,050 $0 $0
2014 $4,166 $232,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Soares

    Seller's Agent in 2023

    Jason Soares

    Blue Oceans Realty LLC

    (321) 614-2942

    3 in this area

    30 Total Sales

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Map

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

MLS Number: 968987

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-20-00-00011.6-0000.00

Florida Brevard County Melbourne Beach 32951 Melbourne Beach

2935 S Highway A1a, Melbourne Beach, FL

This home is located at 2935 S Highway A1a, Melbourne Beach, FL 32951 since 03 July 2023 and is currently estimated at $676,841, approximately $427 per square foot. This property was built in 1978. 2935 S Highway A1a is a home located in Brevard County with nearby schools including Gemini 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.

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