NOT LISTED FOR SALE

498 Brightwaters Dr Cocoa Beach, FL 32931

Estimated Value: $933,000 - $1,178,000

4 Beds
2 Baths
2,060 Sq Ft
$525/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $875,000 $425 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,982/month

22 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Saltwater Pool
  • Cocoa Beach Junior/Senior High School Rated A
  • Boat Lift
  • RV Access or Parking

About This Home

As of May 2021

Relaxing warm breezes with afternoon libations will be on the itinerary from this unobstructed Direct River Pool home. From the circular driveway, tropical landscaping, brick paved courtyard to the moment you enter the iron gates leading to the double front doors, you will feel like you've entered a retreat. Crown molding throughout, gas fireplace, cedar lined closets, 4 large pocket outdoor sliders, direct river views from living room, main bedroom, great room, & salt water pool! New 80' raised seawall with wave break, new pilings & wood treated deck done 2021. Clay roof 12-16 yrs old, HVAC-2 yrs old, generator hookup & hurricane shutters give peace of mind. For a lifetime or a weekend, start enjoying the Florida Lifestyle you deserve. It's like being on vacation every day!

Last Agent to Sell the Property

Jonathan Williams

Florida Lifestyle Realty LLC License #3061722 Listed on: 03/13/2021

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,683

Year Built

  • Built in 1965

Lot Details

  • 9,148 Sq Ft Lot
  • Home fronts a seawall
  • River Front
  • Cul-De-Sac
  • East Facing Home
  • Wrought Iron Fence

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Circular Driveway
  • Additional Parking
  • RV Access or Parking

Property Views

  • River
  • Pool

Home Design

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

Interior Spaces

  • 2,060 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Hurricane or Storm Shutters

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Concrete
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • Sink Near Laundry

Pool

  • Saltwater Pool
  • Outdoor Shower
  • Screen Enclosure

Outdoor Features

  • Boat Lift
  • Courtyard
  • Deck
  • Patio
  • Shed

Schools

  • Cape View Elementary School
  • Cocoa Beach Middle School
  • Cocoa Beach High School

Utilities

  • Central Heating and Cooling System
  • Whole House Permanent Generator
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-37-27-51-00000.0-0101.00

Community Details

Overview

  • No Home Owners Association
  • Venetian Way Sec 3 Association
  • Venetian Way Sec 3 Subdivision

Recreation

  • Boat Dock
  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,683

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Garage, Sink
  • ResoLotFeatures: Cul-De-Sac
  • Road Surface Type: Asphalt
  • Reso View: Pool, River, Water
  • Water Body Name: Banana River
  • Reso Association Amenities: Boat Dock, Boat Slip
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Venetian Way Sec 3
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Financial Info Electric: Whole House Generator
  • Location Tax and Legal Parcel Number2: 24-37-27-51-00000.0-0101.00
  • Location Tax and Legal Elementary School: Cape View
  • Location Tax and Legal Middle School2: Cocoa Beach
  • Location Tax and Legal High School: Cocoa Beach
  • Location Tax and Legal Tax Annual Amount: 3682.66
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 2060.0
  • General Property Information Building Area Total3: 2626.0
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Lot Size Square Feet2: 9148.0
  • 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: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Laundry Features Sink: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Pool Features Screen Enclosure: Yes
  • Room Types Family Room: Yes
  • Electric Whole House Generator: Yes
  • Fencing Wrought Iron: Yes
  • Room Types Florida Room: Yes
  • Pool Features Salt Water: Yes
  • Flooring Concrete: Yes
  • Exterior Features Boat Lift: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Concrete, Terrazzo, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Courtyard, Outdoor Shower, Boat Lift, Storm Shutters
  • Pool Features: Private, Salt Water, Screen Enclosure, Other
  • Roof: Tile
  • Fencing: Fenced, Wrought Iron
  • Acres: 0.21
  • Waterfront Features: River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • 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
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Exterior Features:Courtyard: Yes
  • Waterfront Features:Seawall: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Circular Driveway, Detached, Garage Door Opener, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Driveway: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: VENETIAN WAY SEC 3
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: VENETIAN WAY SEC 3
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Boat Slip: Yes

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2437235
  • Parcel #: 24-37-27-51-00000.0-0101.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3682.66

MLS Schools

  • Elementary School: Cape View
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
May 3, 2021
Sold by
Olds Douglas A and Olds Julia Beth
Bought by
Jmjc Llc
Seller's Agent
Jonathan Williams
Florida Lifestyle Realty LLC
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$892,500
Sold Price
$875,000
Premium/Discount to List
-$17,500
-1.96%
Current Estimated Value
$1,080,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,909
Avg. Annual Appreciation
4.90%
Original Mortgage
$464,750
Outstanding Balance
$421,180
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$659,729

Purchase Details

Closed on
Jan 8, 1997
Sold by
Potter Orville L
Bought by
Olds Douglas A and Olds Julia Beth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,280
Interest Rate
7.53%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jmjc Llc $875,000 Island T&E Agcy Inc
Jmjc Llc $875,000 Island Title & Escrow
Olds Douglas A $212,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jmjc Llc $464,750
Closed Jmjc Llc $464,750
Previous Owner Olds Douglas A $170,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $875,000 -2.0% $425 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $892,500 0.0% $433 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $892,500 -- $433 / 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 $15,018 $901,020 -- --
2024 $14,030 $926,980 -- --
2023 $14,030 $853,560 $550,000 $303,560
2022 $13,448 $848,580 $0 $0
2021 $3,713 $265,220 $0 $0
2020 $3,683 $261,560 $0 $0
2019 $3,660 $255,680 $0 $0
2018 $3,644 $250,920 $0 $0
2017 $3,668 $245,760 $0 $0
2016 $3,657 $285,000 $285,000 $0
2015 $3,653 $250,000 $250,000 $0
2014 $3,665 $237,150 $200,000 $37,150
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

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

MLS Number: 898553

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-27-51-00000.0-0101.00