NOT LISTED FOR SALE

Estimated Value: $1,893,336

1 Bed
1 Bath
600 Sq Ft
$3,156/Sq Ft Est. Value

Highlights

  • Ocean Front
  • In Ground Pool
  • West Facing Home
  • Gemini Elementary School Rated A-
  • 0.6 Acre Lot
  • Heating Available

About This Home

As of September 2016

This is a unique opportunity to live directly on the ocean. Right outside your back door is the salt system swimming pool which overlooks the ocean. AMAZING! Located in quaint Melbourne Beach just south of Ocean Ave. Sandgate Motel is renting long term! Live the vacation. There are four units each offers a different floor plan. #4 has a full kitchen, full living room and rents for 1,200.00. No pets, no smoking. Rent includes use of laundry room, water, sewer, trash, basic cable and internet. One year lease at this rate. Short term call for rate.

Last Agent to Rent the Property

Sandra Anderson

Coldwell Banker Paradise License #3147279 Listed on: 08/16/2016

Last Renter's Agent

Sandra Anderson

Coldwell Banker Paradise License #3147279 Listed on: 08/16/2016

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $20,118

Year Built

  • Built in 1951

Lot Details

  • 0.6 Acre Lot
  • Ocean Front
  • West Facing Home

Home Design

  • 600 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Electric Range
  • In Ground Pool

Listing and Financial Details

  • The owner pays for grounds care, pool maintenance, taxes
  • Rent includes cable TV, sewer, water, trash collection
  • Assessor Parcel Number 29-38-03-00-00500.1-0000.00

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$20,118

Year Built

Built in 1951

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Rent Includes: Cable TV, Sewer, Water, Trash Collection
  • Owner Pays: Grounds Care, Pool Maintenance, Taxes

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1951
  • Reso Property Sub Type: Apartment
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Location Tax and Legal Parcel Number2: 29-38-03-00-00500.1-0000.00
  • 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: 600.0
  • General Property Information Lot Size Acres: 0.6
  • General Property Information Lot Size Square Feet2: 26136.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Dimensions: 54.0 ft x 260.0 ft
  • Pets Allowed No: Yes
  • Utilities Electricity Available: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: In Ground
  • Acres: 0.6
  • Waterfront: Yes
  • Direction Faces: West
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Heating: Other
  • HeatingYN: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: One Time
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee Frequency: One Time
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 54.0 ft x 260.0 ft
  • Lot Size Sq Ft: 26136.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2953155
  • Parcel #: 29-38-03-00-00500.1-0000.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Ur Hospitality Llc
Bought by
4835 Tuscany Sun Llc
Current Estimated Value
$1,893,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$974,706
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$918,630

Purchase Details

Closed on
Nov 27, 2019
Sold by
Sandgate Oceanfront Llc
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
$99,803
Interest Rate
3.6%
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
4835 Tuscany Sun Llc $1,900,000 Precise Title
Ur Hospitality Llc $850,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4835 Tuscany Sun Llc $1,300,000
Previous Owner Ur Hospitality Llc $99,803
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2016 09/18/16 Rented $975 0.0% --
08/16/2016 08/16/16 For Rent $975 -- --
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 $20,118 $1,600,000 -- --
2024 $20,490 $1,600,000 -- --
2023 $20,490 $1,600,000 $880,000 $720,000
2022 $11,139 $880,200 $0 $0
2021 $10,965 $780,910 $600,000 $180,910
2020 $12,238 $867,680 $600,000 $267,680
2019 $12,549 $867,680 $600,000 $267,680
2018 $11,818 $794,450 $600,000 $194,450
2017 $11,165 $710,760 $600,000 $110,760
2016 $11,646 $708,630 $600,000 $108,630
2015 $11,841 $686,360 $600,000 $86,360
2014 $11,486 $623,970 $600,000 $23,970
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 762154

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-03-00-00500.1-0000.00