NOT LISTED FOR SALE

Estimated Value: $555,000 - $649,000

3 Beds
1.5 Baths
912 Sq Ft
$657/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $615,500 $675 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,498/month

8 Days on Market

Highlights

  • Gunite Pool
  • RV Access or Parking
  • Deck
  • Gemini Elementary School Rated A-
  • Solar Power System
  • Garden View

About This Home

As of August 2023

Charming Barrier Island Haven-Tropical Oasis Retreat. Experience the tranquil luxury of island living with this unique property nestled in a lush, tropical oasis on a coveted barrier island. Boasting exceptional privacy and stunning natural surroundings. This house presents an appealing blend of comfort & style, featuring an open living area, comfortable bedrooms and expansive outdoor spaces for both entertaining and relaxation. Charming 3 bedroom, 1 bath coastal cottage with private solar heated pool. Fully fenced in front and back yard, excellent for safety of children and pets. It has an RV pad with hook ups that can be used as a short term rental property. This property is currently a thriving Airbnb rental loved by all who have visited! I is only a 2 minute walk to beach access!

Last Agent to Sell the Property

Susan Ziminsky

One Sotheby's Int'l Realty License #3563537 Listed on: 07/08/2023

One Sotheby's Int'l Realty

Last Buyer's Agent

Susan Ziminsky

One Sotheby's Int'l Realty License #3563537 Listed on: 07/08/2023

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,829

Year Built

  • Built in 1982

Lot Details

  • 0.26 Acre Lot
  • West Facing Home
  • Paved or Partially Paved Lot

Property Views

  • Garden
  • Pool

Home Design

  • Flat Roof Shape
  • Frame Construction

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Florida or Dining Combination
  • Screened Porch
  • Dryer

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Closet Cabinetry

Parking

  • 2 Attached Carport Spaces
  • Parking Pad
  • RV Access or Parking

Eco-Friendly Details

  • Solar Power System

Pool

  • Gunite Pool
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Deck
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • New Melbourne Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29 3810gx000020 38

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,829

Year Built

Built in 1982

Lot Details

0.26 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: SR-A1A TO Atlantic Dr. Take first left on Palm Dr. House is 0.2 miles on left. 5225 Palm Drive, Melbourne Beach, FL 32951
  • Year Built: 1982
  • Architectural Style: Florida
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Green Power: Solar
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Closet Cabinetry, Family/Dining Room, None, Pantry, Storage
  • Main Level Bedrooms: 3
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Flooring: Laminate, Vinyl
  • Living Area: 912.0
  • Stories: 1
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area, Porch
  • View: Garden, Pool
  • Fencing: Fenced
  • Lot Features: 1/4 to 1/2 Acre Lot, Many Trees, < 1/4 Acre
  • Pool Features: Gunite, Heated, In Ground, Pool Equipment, Solar Heat
  • Pool Private: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Direction Faces: West
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Deck, Open, Patio, Porch, Screened, Balcony
  • Property Condition: Resale
  • Roof: Flat, Other

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Carport Spaces: 2.0
  • Garage Yn: No
  • Parking Features: Attached Carport, Covered, Parking Pad, RV Access/Parking

Utilities

  • Laundry Features: Washer Hookup, Inside, Laundry Closet
  • Security: None
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 29 3810gx000020 38
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11325.6
  • Mobile Dim Units: Feet
  • Zoning: RU17

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2829.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2023
Closed on
Aug 18, 2023
Sold by
Coffer Alexandra and Coffer Gina B
Bought by
Dyer John and Dyer Kimberly
Seller's Agent
Susan Ziminsky
One Sotheby's Int'l Realty
Buyer's Agent
Susan Ziminsky
One Sotheby's Int'l Realty
List Price
$659,000
Sold Price
$615,500
Premium/Discount to List
-$43,500
-6.6%
Views
79
Current Estimated Value
$598,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,596
Avg. Annual Appreciation
-1.07%
Original Mortgage
$525,350
Outstanding Balance
$510,775
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$88,129

Purchase Details

Closed on
Dec 21, 2020
Sold by
Colfer William J and Colfer Gina B
Bought by
Colfer Alexandra and Colfer Gina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2017
Sold by
Fabricant Brian
Bought by
Campbell Brandon L and Campbell Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
3.82%

Purchase Details

Closed on
Apr 16, 2008
Sold by
Kershaw Thomas J and Kershaw Victoria A
Bought by
Fabricant Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dyer John $615,500 None Listed On Document
Colfer Alexandra -- Accommodation
Campbell Brandon L $350,000 Attorney
Fabricant Brian $240,000 State Title Partners Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dyer John $525,350
Previous Owner Colfer Alexandra $305,000
Previous Owner Campbell Brandon L $308,750
Previous Owner Fabricant Brian $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2023 08/21/23 Sold $615,500 -6.6% $675 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
07/08/2023 07/08/23 For Sale $659,000 0.0% $723 / Sq Ft
05/06/2013 05/06/13 Rented $1,800 0.0% --
05/02/2013 05/02/13 Under Contract -- -- --
03/25/2013 03/25/13 For Rent $1,800 -10.0% --
12/14/2012 12/14/12 Rented $2,000 -9.1% --
10/22/2012 10/22/12 Under Contract -- -- --
11/08/2011 11/08/11 For Rent $2,200 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $4,974 $423,160 -- --
2024 $3,044 $411,240 -- --
2023 $3,044 $246,330 -- --
2022 $2,829 $239,160 $0 $0
2021 $2,949 $232,200 $95,000 $137,200
2020 $2,954 $230,380 $95,000 $135,380
2019 $3,446 $225,720 $90,000 $135,720
2018 $3,514 $224,520 $90,000 $134,520
2017 $2,787 $165,860 $90,000 $75,860
2016 $2,680 $151,470 $80,000 $71,470
2015 $2,687 $145,790 $80,000 $65,790
2014 $2,662 $141,550 $80,000 $61,550
Source: Public Records

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10902771

BeachesMLS (Greater Fort Lauderdale)

APN: 29-38-10-GX-00002.0-0038.00

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