NOT LISTED FOR SALE

5195 S Highway A1a Melbourne Beach, FL 32951

Floridana Beach Neighborhood

Estimated Value: $1,068,000 - $1,515,000

-- Bed
2 Baths
2,250 Sq Ft
$574/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $1,200,000 $533 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,420/month

2 Days on Market

Highlights

  • Ocean Front
  • 0.57 Acre Lot
  • Tile Flooring
  • Gemini Elementary School Rated A-
  • No HOA
  • 1-Story Property

About This Home

As of October 2019

''Serenity Beach'' is a direct Oceanfront Triplex in beautiful Melbourne Beach. All three units have been completely updated and are turn-key with a 5 Star rating on VRBO, Airbnb and Homeaway. Situated on over 1/2 acre in a very quiet and secluded spot of Melbourne Beach providing true ''Serenity'' for your guests. A book of business is included with many repeat guests. The location is Short Term Rental/Airbnb friendly. All new interiors, new roof (2016), updated electric (2016), updated plumbing (2016), new water heaters (2016), new deck and dune crossover (2016). Each Unit is 2 Bedrooms, 1 Bath with it's own Washer/Dryer. All Furnishings, Electronics and future rental income conveys with the property.

Last Agent to Sell the Property

Henry Saunders

One Sotheby's International License #113311 Listed on: 07/23/2019

One Sotheby's International

Co-Listed By

Claudine Sloms

One Sotheby's International License #640720

Last Buyer's Agent

Claudine Sloms

Treasure Coast Sotheby's Intl

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,931

Year Built

  • Built in 1974

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 100 x 248
  • Ocean Front

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Well
  • Water Softener is Owned
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • The owner pays for cable TV, electricity, exterior maintenance, grounds care, insurance, janitorial service, management, pest control, trash collection, water
  • Assessor Parcel Number 29-38-10-Gx-00001.0-0007.00

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • New Melbourne Beach Subdivision

Building Details

  • Operating Expense $60,431
  • Gross Income $149,315
  • Net Operating Income $88,884

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,931

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1974
  • Reso Property Sub Type: Triplex
  • Reso Association Amenities: Management - Off Site
  • Co List Office Mls Id: spc.ozosi
  • Co List Office Phone: 321-984-3135
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: New Melbourne Beach
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 29-38-10-Gx-00001.0-0007.00
  • 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: 11930.8
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 2250.0
  • General Property Information Building Area Total3: 2274.0
  • General Property Information Lot Size Acres: 0.57
  • General Property Information Lot Size Square Feet2: 24829.0
  • General Property Information Waterfront YN: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • General Property Information Lot Size Dimensions: 100 x 248
  • General Property Information Number Of Units Total2: 3.0
  • Gross Scheduled Income: 149315.0
  • Income And Expenses Operating Expense: 60431.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer, Water Softener Owned
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.57
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 100 x 248
  • Lot Size Sq Ft: 24829.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2953458
  • Parcel #: 29-38-10-Gx-00001.0-0007.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Cable TV, Electricity, Exterior Maintenance, Grounds Care, Insurance, Janitorial Service, Management, Pest Control, Trash Collection, Water, Other

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 11930.8

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 60431.0
  • Income And Expenses Net Operating Income: 88884.0

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2024
Sold by
Lagala Dean
Bought by
5195 Hwy A1a Llc
Current Estimated Value
$1,291,500

Purchase Details

Closed on
Mar 8, 2022
Sold by
Winco Properties Inc
Bought by
Lagala Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,166,900
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2019
Closed on
Oct 31, 2019
Sold by
5195 Holdinsg Llc
Bought by
Winco Properties Inc
Seller's Agent
Henry Saunders
One Sotheby's International
Buyer's Agent
Claudine Sloms
Treasure Coast Sotheby's Intl
List Price
$1,500,000
Sold Price
$1,200,000
Premium/Discount to List
-$300,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.25%
Original Mortgage
$900,000
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 21, 2015
Sold by
443 Holdings Llc
Bought by
5195 Holdings Llc

Purchase Details

Listed on
Mar 27, 2015
Closed on
Apr 15, 2015
Sold by
Deutsche Bank National Trust Company
Bought by
443 Holdings Llc
Seller's Agent
Gary Altizer
RE/MAX Alternative Realty
Buyer's Agent
Tami Leliuga Shriver
Mutter Realty
List Price
$599,900
Sold Price
$620,000
Premium/Discount to List
$20,100
3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%

Purchase Details

Closed on
Mar 31, 2014
Sold by
Wolfington Michael D and Regions Bank
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 24, 2001
Sold by
Boss Georgia N and Angle Georgia N
Bought by
Wolfington Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

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Average Value
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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
5195 Hwy A1a Llc $550,000 None Listed On Document
5195 Hwy A1a Llc $550,000 None Listed On Document
Lagala Dean $429,400 Alliance Title
Winco Properties Inc $1,200,000 Alliance Title Ins Agcy Inc
5195 Holdings Llc -- Attorney
443 Holdings Llc $620,000 Servicelink Llc
Deutsche Bank National Trust Company -- Attorney
Wolfington Michael D $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lagala Dean $1,166,900
Previous Owner Winco Properties Inc $900,000
Previous Owner Wolfington Michael D $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $1,200,000 -20.0% $533 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $1,500,000 +141.9% $667 / Sq Ft
04/22/2015 04/22/15 Sold $620,000 +3.4% $276 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $599,900 0.0% $267 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
12/03/2014 12/03/14 For Sale $599,900 -- $267 / 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 $18,871 $1,475,790 -- --
2024 $17,391 $1,478,390 -- --
2023 $17,391 $1,315,440 $1,300,000 $15,440
2022 $16,235 $1,399,680 $0 $0
2021 $14,974 $1,076,820 $600,000 $476,820
2020 $13,852 $961,120 $600,000 $361,120
2019 $12,320 $830,470 $600,000 $230,470
2018 $11,931 $780,000 $0 $780,000
2017 $11,372 $710,000 $0 $710,000
2016 $11,714 $700,000 $0 $0
2015 $12,188 $698,930 $600,000 $98,930
2014 -- $627,000 $600,000 $27,000
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2019

    Henry Saunders

    One Sotheby's International

    Section Image
  • Claudine Sloms

    Seller Co-Listing Agent in 2019

    Claudine Sloms

    One Sotheby's International

    (321) 446-9222

    33 Total Sales

    Claudine Sloms
    Section Image

  • G

    Seller's Agent in 2015

    Gary Altizer

    RE/MAX

  • T

    Buyer's Agent in 2015

    Tami Leliuga Shriver

    Mutter Realty

    Section Image

  • O

    Buyer's Agent in 2015

    Out Of Area Non-Member

    Out of Area

  • T

    Buyer's Agent in 2015

    Tami Leliuga

    Real Living Mutter Real Estate Group

See All Agents

Map

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

MLS Number: 851317

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-10-GX-00001.0-0007.00

Florida Brevard County Melbourne Beach 32951 Floridana Beach

5195 S Highway A1a, Melbourne Beach, FL

This home is located at 5195 S Highway A1a, Melbourne Beach, FL 32951 since 23 July 2019 and is currently estimated at $1,291,500, approximately $574 per square foot. This property was built in 1974. 5195 S Highway A1a is a home located in Brevard County with nearby schools including Gemini Elementary School, Herbert C. Hoover Middle School, and Melbourne Senior High School.

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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