NOT LISTED FOR SALE

Estimated Value: $596,036

3 Beds
1.5 Baths
912 Sq Ft
$654/Sq Ft Est. Value

Sale Details

Date Sold: August 21, 2023

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

Est. 3% decrease in value since last sale

Current estimated payment $3,800 / mo

14 Days on Market

Highlights

  • Gunite Pool
  • Garden View
  • No HOA
  • Gemini Elementary School Rated A-
  • Sun or Florida Room
  • Cooking Island

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 Buyer's Agent

Susan Ziminsky

One Sotheby's Int'l Realty License #3563537

One Sotheby's Int'l Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,829

Year Built

  • Built in 1982

Lot Details

  • 11,326 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Property is zoned RU17

Property Views

  • Garden
  • Pool

Home Design

  • Frame With Stucco
  • Frame Construction
  • Flat Roof with Façade front
  • Flat Tile Roof
  • Piling Construction

Interior Spaces

  • 912 Sq Ft Home
  • Property has 1 Level
  • Vertical Blinds
  • Drapes & Rods
  • Family or Dining Combination
  • Sun or Florida Room
  • Storage Room
  • Vinyl Flooring
  • Partial Storm Protection

Kitchen

  • Electric Range
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces

Pool

  • Gunite Pool
  • Pool Equipment Stays

Outdoor Features

  • Screened Balcony
  • Patio

Location

  • East of U.S. Route 1

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 293810gx00002038

Community Details

Overview

  • No Home Owners Association
  • New Melbourne Beach,Crystal Lakes Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,829

Year Built

Built in 1982

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: 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
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 1
  • Lot Size Acres: 0.26
  • New Construction: No
  • Road Frontage Type: Paved Road, U.S. Hwy
  • Road Surface Type: Paved Road, Paved
  • Building Stories: 1
  • Structure Type: House
  • Subdivision Name: New Melbourne Beach,Crystal Lakes
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 615500
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range
  • Interior Amenities: Closet Cabinetry, Cooking Island, Pantry, Florida Room, Storage, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Vinyl
  • Furnished: Unfurnished
  • Living Area: 912
  • Possible Use: Primary
  • Stories: 1
  • Window Features: Partial Other Protection, Hurricane Shutters, Blinds, Drapes, Verticals
  • Bedroom Features: None
  • Dining Room Features: Family/Dining Combination
  • Living Room Features: Florida Room, Laundry, Pantry, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: None

Exterior Features

  • Roof: Other Roof/Roof Structure, Flat Tile, Flat Roof With Facade Front, Other
  • View: Garden, Pool
  • Exterior Features: East Of Us1, Balcony, Open Balcony, Screened Balcony
  • Construction Type: Frame, Frame With Stucco, Piling Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot, 1/4 To Less Than 1/2 Acre Lot, East Of US 1, Treed Lot, Fenced, Septic
  • Other Structures: Livable
  • Patio And Porch Features: Open Balcony, Patio, Screened Porch
  • Pool Features: Equipment Stays, Gunite, Heated, Solar Heat
  • Pool Private: Yes
  • Property Condition: Piling Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: 2 Or More Spaces, Awning, Covered, Slab/Strip
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry, Washer Hookup
  • Security: No Fire Protection, No Security
  • Utilities: Septic, Water Connected, Water Available

Condo/Co-op/Association

  • Amenities: None, Private Pool
  • Association: No
  • Community Features: None, Paved Road

Lot Info

  • Parcel Number: 293810gx00002038
  • Lot Size Sq Ft: 11326
  • Zoning: RU17

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2829

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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%
Current Estimated Value
$596,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,464
Avg. Annual Appreciation
-1.04%
Original Mortgage
$525,350
Outstanding Balance
$507,551
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$88,485

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
2.65%
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $525,350
Previous Owner Colfer Alexandra $305,000
Previous Owner Colfer Alexandra $305,000
Previous Owner Colfer Alexandra $305,000
Previous Owner Campbell Brandon L $308,750
Previous Owner Fabricant Brian $216,000
Previous Owner Kershaw Thomas J $50,000
Previous Owner Kershaw Thomas J $71,075
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/21/2023 08/21/23 Sold $615,500 -6.6% $675 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/08/2023 07/08/23 For Sale $659,000 -- $723 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,225 $434,580
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: MIAMI REALTORS® MLS

MLS Number: R10902771

MIAMI REALTORS® MLS

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

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