NOT LISTED FOR SALE

311 Ocean Ave Melbourne Beach, FL 32951

Estimated Value: $969,000 - $1,646,000

0.25 Acres
$5,651,412 Price per Acre
10,890 Sq Ft Lot

Last Sold July 06, 2021

Last sale price $300,000 $232 Per Sq Ft

Est. 371% increase in value since last sale

Current estimated payment $8,804/month

94 Days on Market

About This Lot

As of July 2021

311 Ocean Avenue Unit 5 and Unit 6. .25 of an acre in the Heart of Melbourne Beach. Directly across Ocean Avenue from the Melbourne Beach Market and Library. Steps to the Ocean and all amenities the Unique town of Melbourne Beach has to offer.

Last Agent to Sell the Property

Patricia Halpin

Salt Water Realty of Brevard License #705014 Listed on: 04/20/2021

Last Buyer's Agent

Patricia Halpin

Salt Water Realty of Brevard License #705014 Listed on: 04/20/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,190

Lot Details

  • 10,890 Sq Ft Lot

Schools

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

Community Details

  • Wilcox Melbourne Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-38-08-Fy-00003.0-0006.00

Property Details

Property Type

Land

Est. Annual Taxes

$2,190

Lot Details

0.25 Acres

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Wilcox Melbourne Beach
  • Location Tax and Legal Parcel Number2: 28-38-08-Fy-00003.0-0006.00
  • 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: 2190.25
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Utilities Water Available: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.25
  • Waterfront: No

Utilities

  • Utilities: Water Available

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Commercial
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-38-08-Fy-00003.0-0006.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2190.25

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2025
Sold by
Ur Hospitality Llc
Bought by
311 Ocean Ave Llc
Current Estimated Value
$1,412,853

Purchase Details

Closed on
Oct 28, 2022
Sold by
Wilkey David
Bought by
Ur Hospitality Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Oct 20, 2010
Closed on
May 28, 2015
Sold by
Boos Jeffrey S and Boos Shannon M
Bought by
Wilkey David
Seller's Agent
Henry Saunders
One Sotheby's International
Buyer's Agent
Patricia Halpin
Salt Water Realty of Brevard
List Price
$429,000
Sold Price
$310,000
Premium/Discount to List
-$119,000
-27.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.00%

Purchase Details

Closed on
Nov 6, 2004
Sold by
Maier Robert E
Bought by
Boos Jeffrey S and Boos Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
6%

Purchase Details

Closed on
Jul 16, 1996
Sold by
Jupinko Regis
Bought by
Maier Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
8.36%

Purchase Details

Closed on
Jun 24, 1996
Sold by
Graves Lewis
Bought by
Maier Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
8.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
311 Ocean Ave Llc $132,300 None Listed On Document
311 Ocean Ave Llc $132,300 None Listed On Document
Ur Hospitality Llc $1,650,000 Atypical Title
Ur Hospitality Llc $1,650,000 Atypical Title
Wilkey David $310,000 Alliance Title Insurance Age
Boos Jeffrey S $490,000 Alliance Title Brevard Llc
Maier Robert E -- --
Maier Robert E -- --
Maier Robert E -- --
Maier Robert E -- --
Maier Robert E $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ur Hospitality Llc $450,000
Previous Owner Boos Jeffrey S $367,500
Previous Owner Maier Robert E $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2021 07/06/21 Sold $300,000 -33.3% $232 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $450,000 0.0% $348 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $450,000 +45.2% $348 / Sq Ft
05/28/2015 05/28/15 Sold $310,000 -27.7% $116 / Sq Ft View Prior Sale
05/01/2015 05/01/15 Pending -- -- --
10/19/2010 10/19/10 For Sale $429,000 -- $161 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $15,056 $973,440 -- --
2024 $14,615 $973,440 -- --
2023 $14,615 $936,000 -- --
2022 $5,754 $364,320 $0 $0
2021 $5,455 $308,500 $141,380 $167,120
2020 $5,337 $299,380 $141,380 $158,000
2019 $5,210 $285,000 $0 $285,000
2018 $5,282 $285,000 $0 $285,000
2017 $5,067 $270,000 $0 $270,000
2016 $5,119 $260,000 $0 $0
2015 $4,716 $232,000 $102,380 $129,620
Source: Public Records

Agents Affiliated with this Home

  • Patricia Halpin

    Seller's Agent in 2021

    Patricia Halpin

    Salt Water Realty of Brevard

    (321) 720-0409

    17 in this area

    58 Total Sales

    Patricia Halpin
    Section Image

  • H

    Seller's Agent in 2015

    Henry Saunders

    One Sotheby's International

    Section Image
  • Wendy Murray

    Seller Co-Listing Agent in 2015

    Wendy Murray

    One Sotheby's International

    (321) 243-3595

    3 in this area

    10 Total Sales

    Wendy Murray
    Section Image
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Map

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

MLS Number: 899643

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-08-FY-00003.0-0007.00

Florida Brevard County Melbourne Beach 32951

311 Ocean Ave, Melbourne Beach, FL

Not Listed for Sale

Lots

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