NOT LISTED FOR SALE

40 Cove Rd Unit 40H Melbourne Beach, FL 32951

Estimated Value: $332,629 - $400,000

3 Beds
2.5 Baths
1,256 Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: April 5, 2024

Last sale price $310,000 $247 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,562 / mo

46 Days on Market

Highlights

  • Ocean View
  • Midcentury Modern Architecture
  • Covered Patio or Porch
  • Gemini Elementary School Rated A-
  • Wooded Lot
  • Balcony

About This Home

As of April 2024

Nestled just south of Driftwood Center in Melbourne Beach, this coastal townhome epitomizes a blend of relaxation and adventure that Melbourne Beach residents love to call home. Witness the magic of turtle nesting season from May to October, a mesmerizing connection with nature on the beach. The townhome backs up to a pristine nature preserve and provides exclusive access to Brevard Beaches, an idyllic retreat with crystal blue waters just steps away. Private access ensures a serene escape of rhythmic waves and a salty sea breeze. Fishing enthusiasts can explore marine life at the community Indian River Lagoon dock and the Sebastian Inlet Fishing Pier; promising an unforgettable experience against a breathtaking coastal landscape. Melbourne Beach is an experience where nature, luxury, and relaxation converge, creating an unforgettable getaway. Embrace the magic of sunrises and sunsets, inviting you to unwind, explore, and create. Amazing schools and restaurants within minutes.

Last Agent to Sell the Property

Gibbs Baum

One Sotheby's International License #3247254 Listed on: 02/28/2024

One Sotheby's International

Co-Listed By

Gregory Zimmerman

One Sotheby's International License #3364053

Last Buyer's Agent

Toie Crespi

BHHS Florida Realty License #3017147

BHHS Florida Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Lot Details

  • Property fronts a state road
  • North Facing Home
  • Wooded Lot
  • Many Trees

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Property Views

  • Ocean
  • Intracoastal
  • Views of Preserve
  • Woods

Home Design

  • Midcentury Modern Architecture
  • Fixer Upper
  • Frame Construction
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,256 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-38-33-Gh-00000.0-0001.24

Community Details

Overview

  • Association fees include ground maintenance, sewer
  • Https://Www.Keysenterprise.Net/Coveatsouthbeach Association
  • The Cove At S Beaches Condo Ph II Subdivision
  • Maintained Community
  • Greenbelt

Pet Policy

  • Pet Size Limit
  • 1 Pet Allowed
  • Dogs and Cats Allowed

Security

  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

4,792 Sq Ft Lot

HOA Fees

$270 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, In Garage, Washer Hookup
  • ResoLotFeatures: Greenbelt, Many Trees, Wooded
  • Road Frontage Type: State Road
  • Road Surface Type: Asphalt
  • Reso View: Ocean, Trees/Woods, Water, Protected Preserve, Intracoastal
  • Reso Association Amenities: Maintenance Grounds, Management - Off Site
  • Reso Association Fee Includes: Maintenance Grounds, Sewer
  • Co List Office Mls Id: spa.ozosi
  • Co List Office Phone: 321-984-3135
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: The Cove at S Beaches Condo Ph II
  • Architectural Style: Mid-Century Modern
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Reso Property Condition: Fixer
  • General Property Information Community Fee(s) YN: No
  • Pets Allowed Total Number Of Pets: 1
  • General Property Information CDD Fee YN: No
  • Marketing Remarks:Marketing Remarks: Nestled just south of Driftwood Center in Melbourne Beach, this coastal townhome epitomizes a blend of relaxation and adventure that Melbourne Beach residents love to call home. Witness the magic of turtle nesting season from May to October, a mesmerizing connection with nature on the beach. The townhome backs up to a pristine nature preserve and provides exclusive access to Brevard Beaches, an idyllic retreat with crystal blue waters just steps away. Private access ensures a serene escape of rhythmic waves and a salty sea breeze. Fishing enthusiasts can explore marine life at the community Indian River Lagoon dock and the Sebastian Inlet Fishing Pier; promising an unforgettable experience against a breathtaking coastal landscape. Melbourne Beach is an experience where nature, luxury, and relaxation converge, creating an unforgettable getaway. Embrace the magic of sunrises and sunsets, inviting you to unwind, explore, and create. Amazing schools and restaurants within minutes.
  • General Property Information:Accessory Dwelling Unit YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), Primary Bathroom - Tub with Shower, Split Bedrooms
  • Flooring: Carpet, Tile
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 3
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.11
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Frame, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Guest

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Not Available, Sewer Available, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 270.0
  • Association Fee Frequency: Monthly
  • Association Name: https://www.keysenterprise.net/coveatsouthbeach
  • Association: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Multi-Family, Residential
  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-38-33-Gh-00000.0-0001.24

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Apr 3, 2024
Sold by
Bought by
Seller's Agent
Gibbs Baum
One Sotheby's International
Buyer's Agent
Toie Crespi
BHHS Florida Realty
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Views
23
Current Estimated Value
$368,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,657
Avg. Annual Appreciation
7.97%

Purchase Details

Listed on
Feb 28, 2024
Closed on
Mar 18, 2024
Sold by
Bought by
Seller's Agent
Gibbs Baum
One Sotheby's International
Buyer's Agent
Toie Crespi
BHHS Florida Realty
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Views
23

Purchase Details

Closed on
Oct 19, 2023
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 2023
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 2009
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- State Title Partners
-- State Title Partners
$310,000 State Title Partners
$100 None Listed On Document
$100 None Listed On Document
-- Attorney
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $310,000 -4.6% $247 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $325,000 0.0% $259 / Sq Ft
02/28/2024 02/28/24 Price Changed $325,000 -14.4% $259 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
02/06/2024 02/06/24 Price Changed $379,888 -5.0% $302 / Sq Ft
01/19/2024 01/19/24 For Sale $399,888 -- $318 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,738 $256,840 -- --
2024 $969 $311,710 -- --
2023 $969 $99,980 $0 $0
2022 $919 $97,070 $0 $0
2021 $909 $92,820 $0 $0
2020 $858 $91,540 $0 $0
2019 $809 $89,490 $0 $0
2018 $802 $87,830 $0 $0
2017 $793 $86,030 $0 $0
2016 $793 $84,270 $0 $0
2015 $806 $83,690 $0 $0
2014 $805 $83,030 $0 $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: 1002516

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-33-GH-00000.0-0001.24

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