NOT LISTED FOR SALE

514 Ocean Ave Melbourne Beach, FL 32951

Estimated Value: $1,868,307

Studio
-- Bath
4,112 Sq Ft
$454/Sq Ft Est. Value

About This Home

This home is located at 514 Ocean Ave, Melbourne Beach, FL 32951 and is currently estimated at $1,868,307, approximately $454 per square foot. 514 Ocean Ave is a home located in Brevard County with nearby schools including Gemini Elementary School, Herbert C. Hoover Middle School, and Melbourne Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2024
Sold by
Madisonville Enterprises Llc
Bought by
Sea Glass Inn Llc
Current Estimated Value
$1,868,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Outstanding Balance
$1,210,487
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$657,820

Purchase Details

Closed on
May 1, 2017
Sold by
Salex Properties Llc
Bought by
Madisonville Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,232,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2001
Sold by
Mountain Noel C
Bought by
Salex Prop L L C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Sea Glass Inn Llc $1,900,000 Atypical Title
Sea Glass Inn Llc $1,900,000 Atypical Title
Madisonville Enterprises Llc $1,330,000 Standard Title Ins Agency In
Salex Prop L L C $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sea Glass Inn Llc $1,225,000
Closed Sea Glass Inn Llc $1,225,000
Previous Owner Madisonville Enterprises Llc $1,232,000
Source: Public Records

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 $17,873 $1,387,000 -- --
2024 $18,034 $1,166,000 -- --
2023 $18,034 $1,166,000 -- --
2022 $17,875 $1,140,000 $0 $0
2021 $17,327 $1,026,000 $130,500 $895,500
2020 $18,329 $1,140,000 $130,500 $1,009,500
2019 $16,552 $950,000 $130,500 $819,500
2018 $16,791 $950,000 $130,500 $819,500
2017 $6,669 $365,290 $117,000 $248,290
2016 $6,747 $352,150 $117,000 $235,150
2015 $6,596 $336,120 $94,500 $241,620
2014 $6,679 $336,120 $94,500 $241,620
Source: Public Records

Map

Florida Brevard County Melbourne Beach 32951

514 Ocean Ave, Melbourne Beach, FL

Not Listed for Sale

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