NOT LISTED FOR SALE

524 Majorca Ct Satellite Beach, FL 32937

Estimated Value: $427,000 - $448,000

2 Beds
2.5 Baths
1,452 Sq Ft
$300/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2023

Last sale price $459,900 $317 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,480 / mo

4 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • Sun or Florida Room
  • Satellite Senior High School Rated A-
  • Vaulted Ceiling
  • 4-minute walk to Pelican Beach Park

About This Home

As of August 2023

Welcome to the seaside community of Majorca, where every day feels like a vacation. Located across the street from Pelican Beach Park, this 2 bedroom, 2.5 bathroom end-unit townhouse with 1-car attached garage boasts vaulted ceilings, an abundance of natural light & coastal charm throughout. Ample & open living space inside coupled with an oversized enclosed patio and private, gated front porch provides generous room to relax or entertain. Upstairs, catch a peak of the ocean from your choice of two private balconies, with one directly off the spacious primary suite. Newly installed HVAC system in May 2023 ensures year-round comfort, while the brand new impact glass doors provide both safety and energy efficiency. Low monthly HOA fee of $137 includes landscaping, irrigation & pest control. With its prime Beachside location, this townhouse presents an ideal option for full-time residents, those seeking a seasonal retreat or investment property. A minimum lease period of just one month allows owners at Majorca flexible rental options and the freedom to earn income with monthly or seasonal guests. The city of Satellite Beach offers a remarkable lifestyle and a friendly, vibrant community. Enjoy weekly farmers markets or indulge in outdoor activities like fishing, paddle-boarding, surfing, volleyball, or simply strolling on the pristine, uncrowded shoreline. Truly experience the best of Florida living at this gorgeous and well-maintained residence just steps from restaurants, beach access, shopping, excellent schools, parks, sports fields and all that the Space Coast has to offer.

Last Agent to Sell the Property

Matt Canina

Florida Elite Real Estate License #3217283 Listed on: 07/05/2023

Last Buyer's Agent

Adam Skott

Redfin Corp. License #3463025

Redfin Corp.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,401

Year Built

  • Built in 1985

Lot Details

  • 1,742 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Front and Back Yard Sprinklers

HOA Fees

  • $137 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

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

Interior Spaces

  • 1,452 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room
  • Sun or Florida Room
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Courtyard
  • Porch

Schools

  • Surfside Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-37-01-00-00340.0-0000.00

Community Details

Overview

  • Association fees include pest control
  • Majorca South Phase 1 Subdivision
  • Maintained Community

Pet Policy

  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,401

Year Built

Built in 1985

Lot Details

1,742 Sq Ft Lot

HOA Fees

$137 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Reso Property Sub Type: Townhouse
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Ocean, Water
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time
  • Reso Association Fee Includes: Pest Control
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Majorca South Phase 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-01-00-00340.0-0000.00
  • Location Tax and Legal Elementary School: Surfside
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Annual Amount: 2401.36
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1452.0
  • General Property Information Building Area Total3: 1926.0
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Lot Size Square Feet2: 1742.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • 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 Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Water Source Public: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Room Types Great Room: Yes
  • ViewOcean: Yes
  • Room Types Florida Room: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Open Floorplan, Primary Bathroom - Tub with Shower, Vaulted Ceiling(s), Walk-In Closet(s), Other
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Balcony, Courtyard
  • Pool Features: None
  • Roof: Tile, Other
  • Fencing: Fenced
  • Acres: 0.04
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Guest
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Guest: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 137.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 137.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 1742.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-01-00-00340.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2401.36

MLS Schools

  • Elementary School: Surfside
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Aug 8, 2023
Sold by
Barnett Ryan P
Bought by
Leeds David J
Seller's Agent
Matt Canina
Florida Elite Real Estate
Buyer's Agent
Adam Skott
Redfin Corp.
List Price
$459,900
Sold Price
$459,900
Views
39
Current Estimated Value
$436,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,741
Avg. Annual Appreciation
-1.99%
Original Mortgage
$459,900
Outstanding Balance
$439,759
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
-$4,148

Purchase Details

Listed on
Mar 6, 2014
Closed on
Dec 5, 2014
Sold by
Thompson Cindy and Swiecicki Karen
Bought by
Barnett Ryan P
Seller's Agent
David Marsh
Alliance Properties of Brev
Buyer's Agent
Matt Canina
Florida Elite Real Estate
List Price
$190,000
Sold Price
$178,500
Premium/Discount to List
-$11,500
-6.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
Original Mortgage
$175,266
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2014
Sold by
Velez Linda L and Kill Ferd James
Bought by
Thompson Cindy and Swiecicki Karen

Purchase Details

Closed on
Jul 9, 2009
Sold by
Kill Fred J and Kill Fred James
Bought by
Kill Fred James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leeds David J $459,900 Supreme Title Closings
Barnett Ryan P $178,500 National Title & Escrow Co L
Thompson Cindy -- Attorney
Kill Fred James -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leeds David J $459,900
Previous Owner Barnett Ryan P $175,266
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2023 08/08/23 Sold $459,900 0.0% $317 / Sq Ft
07/09/2023 07/09/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $459,900 +157.6% $317 / Sq Ft
12/05/2014 12/05/14 Sold $178,500 -6.1% $116 / Sq Ft View Prior Sale
09/16/2014 09/16/14 Pending -- -- --
01/10/2014 01/10/14 For Sale $190,000 0.0% $123 / Sq Ft
06/11/2013 06/11/13 Rented $1,175 0.0% --
06/11/2013 06/11/13 Under Contract -- -- --
05/03/2013 05/03/13 For Rent $1,175 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $170 $362,880 -- --
2024 $2,574 $367,490 -- --
2023 $2,574 $170,920 $0 $0
2022 $2,401 $165,950 $0 $0
2021 $2,472 $161,120 $0 $0
2020 $2,462 $158,900 $0 $0
2019 $2,442 $155,330 $0 $0
2018 $2,441 $152,440 $0 $0
2017 $2,322 $149,310 $0 $0
2016 $2,326 $146,240 $45,000 $101,240
2015 $2,383 $145,230 $45,000 $100,230
2014 $3,171 $135,890 $50,000 $85,890
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 969129

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-01-00-00340.0-0000.00

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