NOT LISTED FOR SALE

345 Nikomas Way Melbourne Beach, FL 32951

Floridana Beach Neighborhood

Estimated Value: $820,000 - $908,199

3 Beds
2.5 Baths
2,346 Sq Ft
$364/Sq Ft Est. Value

Last Sold October 14, 2015

Last sale price $600,000 $256 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,041/month

98 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • Boat Lift
  • Gemini Elementary School Rated A-
  • Home fronts navigable water
  • In Ground Pool

About This Home

As of October 2015

Top of the line, Canal, pool home completely renovated in 2006. Functional, split floor plan with quality, high end finishes over every inch ! Concrete Block construction w/ 100% storm protection. Metal roof 2005. Private, covered boat house w/ 10,000 lb lift. 3 bedrooms PLUS Office. Deeded beach access nearby. Community water supply. This is a special one that you've really gotta see !

Last Agent to Sell the Property

Dave Settgast

One Sotheby's International License #3165226 Listed on: 05/22/2015

One Sotheby's International

Last Buyer's Agent

Dave Settgast

One Sotheby's International License #3165226 Listed on: 05/22/2015

One Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,851

Year Built

  • Built in 1993

Lot Details

  • 10,019 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Street terminates at a dead end
  • North Facing Home
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage

Property Views

  • Canal
  • Pool

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,346 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Boat Lift
  • Deck
  • Patio
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 29-38-26-Kd-0000c.0-0179.00

Community Details

Overview

  • Property has a Home Owners Association
  • Sunnyland Beach Sec 7 Subdivision
  • Maintained Community

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,851

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Dead End Street, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Canal, Pool, Water
  • ResoSecurityFeatures: Security System Owned
  • Reso Association Amenities: Boat Dock, Maintenance Grounds, Management - Full Time
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sunnyland Beach Sec 7
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 29-38-26-Kd-0000c.0-0179.00
  • 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: 3850.75
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Living Area2: 2346.0
  • General Property Information Building Area Total3: 2808.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Utilities Cable Available: Yes
  • View Pool: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Security Features Security System Owned: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • General Property Information Lot Size Dimensions: 98.0 ft x 102.0 ft
  • Exterior Features Boat Lift: Yes
  • ViewCanal: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: 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:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Boat Lift, Storm Shutters
  • Pool Features: In Ground, Private
  • Roof: Metal
  • Acres: 0.23
  • Waterfront Features: Canal Front, Navigable Water, Ocean Access, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Deck, Patio, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Waterfront Features:Ocean Access: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 50.0
  • Association Fee Frequency: Voluntary
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 50.0
  • General Property Information:Association Fee Frequency: Voluntary
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 98.0 ft x 102.0 ft
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2956565
  • Parcel #: 29-38-26-Kd-0000c.0-0179.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3850.75

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2015
Closed on
Oct 14, 2015
Sold by
Davis James D and Davis Barbara
Bought by
Hannon Christopher P and Hannon Theresa C
Seller's Agent
Dave Settgast
One Sotheby's International
Buyer's Agent
Dave Settgast
One Sotheby's International
List Price
$675,000
Sold Price
$600,000
Premium/Discount to List
-$75,000
-11.11%
Current Estimated Value
$854,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,300
Avg. Annual Appreciation
3.58%
Original Mortgage
$562,563
Outstanding Balance
$443,369
Interest Rate
3.93%
Estimated Equity
$410,931

Purchase Details

Closed on
Sep 27, 1993
Sold by
Collins Douglas J and Collins Janice R
Bought by
Davis James D and Davis Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.22%

Purchase Details

Closed on
Aug 16, 1993
Sold by
Collins Douglas L and Collisn Janice R
Bought by
Davis James D and Davis Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.22%
Source: Public Records

Range of Values:

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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
Hannon Christopher P $600,000 State Title Partners Llp
Davis James D -- --
Davis James D $96,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hannon Christopher P $562,563
Previous Owner Davis James D $203,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2015 10/14/15 Sold $600,000 -11.1% $256 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $675,000 -- $288 / 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
2025 $6,562 $542,810 -- --
2024 $6,474 $527,520 -- --
2023 $6,474 $512,160 $0 $0
2022 $6,065 $495,170 $0 $0
2021 $6,374 $480,750 $0 $0
2020 $6,334 $472,560 $0 $0
2019 $6,317 $461,940 $0 $0
2018 $6,358 $453,330 $0 $0
2017 $6,396 $439,310 $170,000 $269,310
2016 $6,581 $432,900 $160,000 $272,900
2015 $3,821 $244,530 $160,000 $84,530
2014 $3,851 $242,590 $160,000 $82,590
Source: Public Records

Agents Affiliated with this Home

  • Dave Settgast

    Seller's Agent in 2015

    Dave Settgast

    One Sotheby's International

    (321) 543-1187

    76 in this area

    263 Total Sales

    Dave Settgast
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Map

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

MLS Number: 725832

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-26-KD-0000C.0-0179.00

Florida Brevard County Melbourne Beach 32951 Floridana Beach

345 Nikomas Way, Melbourne Beach, FL

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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