NOT LISTED FOR SALE

5247 Solway Dr Melbourne Beach, FL 32951

Floridana Beach Neighborhood

Estimated Value: $946,616 - $1,155,000

4 Beds
3 Baths
2,538 Sq Ft
$426/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $1,084,000 $427 Per Sq Ft

Current estimated payment $6,815/month

2 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • RV Access or Parking
  • Gemini Elementary School Rated A-
  • Boat Lift
  • River View

About This Home

As of May 2022

Welcome to the prestigious Indian Landing! This gorgeous 4 bedroom, 3 bathroom canal front home offers an open and bright layout, new wood floors, plantation shutters, crown molding, a deeded boat slip, a summer kitchen and breathtaking views. Located in the heart of Melbourne Beach, this well maintained, gated, ocean to river community features private beach access, a community pier, a club house, pool & more! Whether you are looking to enjoy the views from your own private dock or wanting to embark on endless beach days, this property is for you!

Last Agent to Sell the Property

Diana Thornton

Blue Marlin Real Estate Listed on: 04/07/2022

Last Buyer's Agent

Aaron Young

Island Pineapple Realty, LLC License #3363235

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,999

Year Built

  • Built in 2002

Lot Details

  • 0.35 Acre Lot
  • Home fronts a canal
  • South Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

  • $366 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Property Views

  • River
  • Canal

Home Design

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

Interior Spaces

  • 2,538 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Screened Porch
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Home Security

  • Security Gate
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Boat Lift
  • Patio
  • Outdoor Kitchen

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 29-38-10-84-0000i.0-0037.00

Community Details

Overview

  • Indian Landing Riverside Association
  • Indian Landing Riverside Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,999

Year Built

Built in 2002

Lot Details

0

HOA Fees

$366 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Canal, River, Water
  • ResoSecurityFeatures: Security Gate, Smoke Detector(s)
  • Reso Association Amenities: Boat Dock, Boat Slip, Jogging Path, Maintenance Grounds, Management - Full Time, Tennis Court(s), Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indian Landing Riverside
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 29-38-10-84-0000i.0-0037.00
  • 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: 6998.74
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 2538.0
  • General Property Information Building Area Total3: 3046.0
  • General Property Information Lot Size Acres: 0.35
  • General Property Information Lot Size Square Feet2: 15246.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Pets Allowed Total Number Of Pets: 2
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Exterior Features Boat Lift: Yes
  • ViewCanal: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Exterior Features: Outdoor Kitchen, Boat Lift, Storm Shutters
  • Pool Features: Community
  • Roof: Tile
  • Acres: 0.35
  • Waterfront Features: Canal Front, Ocean Access, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Waterfront Features:Ocean Access: Yes
  • Exterior Features Outdoor Kitchen2: Yes
  • View:River: Yes
  • Waterfront Features:Canal Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 366.0
  • Association Fee Frequency: Monthly
  • Association Name: INDIAN LANDING RIVERSIDE
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: INDIAN LANDING RIVERSIDE
  • General Property Information:Association Fee: 366.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Boat Slip: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-38-10-84-0000i.0-0037.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6998.74

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
May 16, 2022
Sold by
Gillis Robert L and Gillis Tammy
Bought by
Digangi Matthew and Allen Diane R
Seller's Agent
Diana Thornton
Blue Marlin Real Estate
Buyer's Agent
Aaron Young
Island Pineapple Realty, LLC
List Price
$984,900
Sold Price
$1,084,000
Premium/Discount to List
$99,100
10.06%
Current Estimated Value
$1,081,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,346
Avg. Annual Appreciation
-0.06%
Original Mortgage
$810,000
Outstanding Balance
$769,825
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$311,829

Purchase Details

Listed on
Feb 10, 2018
Closed on
Mar 19, 2018
Sold by
Foster Thomas R and Foster Lynn E
Bought by
Gillis Robert L and Gillis Tammy
Seller's Agent
Gail Fischer
One Sotheby's Inter Realty
Buyer's Agent
Donna Thompson
RE/MAX Aerospace Realty
List Price
$609,000
Sold Price
$609,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%
Original Mortgage
$250,000
Interest Rate
4.22%

Purchase Details

Listed on
Oct 13, 2015
Closed on
Dec 18, 2015
Sold by
Fry Daniel W
Bought by
Foster Thomas R and Foster Lynn R
Seller's Agent
Lynda Smith-Rippolone PA
La Rosa Realty, LLC
Buyer's Agent
Gail Fischer
One Sotheby's International
List Price
$529,000
Sold Price
$520,000
Premium/Discount to List
-$9,000
-1.7%

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

Listed on
May 2, 2014
Closed on
Jun 30, 2014
Sold by
Brand C Vance and Brand Susan S
Bought by
Fry Daniel W
Seller's Agent
Barbara Wall
BHHS Florida Realty - Brevard
Buyer's Agent
Barbara Wall
BHHS Florida Realty - Brevard
List Price
$528,000
Sold Price
$510,000
Premium/Discount to List
-$18,000
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.33%

Purchase Details

Closed on
Jun 19, 2002
Sold by
Floridron Indian Landing Ltd Inc
Bought by
Brand C Vance and Brand Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,300
Interest Rate
6.86%
Source: Public Records

Range of Values:

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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
Digangi Matthew $1,084,000 Dockside Title
Gillis Robert L $609,000 Alliance Title Ins Agency In
Foster Thomas R $520,000 Precise Title Inc
Fry Daniel W $510,000 Liberty Maximum Title Inc
Brand C Vance $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Digangi Matthew $810,000
Previous Owner Gillis Robert L $250,000
Previous Owner Brand C Vance $282,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2022 05/16/22 Sold $1,084,000 +10.1% $427 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $984,900 +61.7% $388 / Sq Ft
03/19/2018 03/19/18 Sold $609,000 0.0% $240 / Sq Ft View Prior Sale
02/11/2018 02/11/18 Pending -- -- --
02/10/2018 02/10/18 For Sale $609,000 +17.1% $240 / Sq Ft
12/18/2015 12/18/15 Sold $520,000 -1.7% $205 / Sq Ft View Prior Sale
10/19/2015 10/19/15 Pending -- -- --
10/13/2015 10/13/15 For Sale $529,000 +3.7% $209 / Sq Ft
06/30/2014 06/30/14 Sold $510,000 0.0% $201 / Sq Ft View Prior Sale
06/30/2014 06/30/14 Sold $510,000 -3.4% $200 / Sq Ft View Prior Sale
05/31/2014 05/31/14 Pending -- -- --
05/31/2014 05/31/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $528,000 0.0% $208 / Sq Ft
03/27/2014 03/27/14 For Sale $528,000 -- $207 / 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 $9,103 $760,740 -- --
2024 $10,024 $739,310 -- --
2023 $10,024 $802,380 $274,000 $528,380
2022 $6,648 $548,370 $0 $0
2021 $6,999 $532,400 $0 $0
2020 $6,982 $525,050 $186,000 $339,050
2019 $7,114 $523,650 $186,000 $337,650
2018 $5,037 $362,360 $0 $0
2017 $5,113 $354,910 $0 $0
2016 $5,233 $348,160 $173,000 $175,160
2015 $7,489 $474,350 $173,000 $301,350
2014 $5,483 $344,190 $185,000 $159,190
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Diana Thornton

    Blue Marlin Real Estate

  • Aaron Young

    Buyer's Agent in 2022

    Aaron Young

    Island Pineapple Realty, LLC

    (321) 210-6529

    5 in this area

    99 Total Sales

    Aaron Young
    Section Image

  • D

    Buyer's Agent in 2018

    Donna Thompson

    RE/MAX

    Section Image
  • Lynda Smith-Rippolone PA

    Seller's Agent in 2015

    Lynda Smith-Rippolone PA

    La Rosa Realty, LLC

    (407) 809-5320

    1 in this area

    28 Total Sales

    Lynda Smith-Rippolone PA
    Section Image

  • G

    Buyer's Agent in 2015

    Gail Fischer

    One Sotheby's Inter Realty

    Section Image
  • Barbara Wall

    Seller's Agent in 2014

    Barbara Wall

    BHHS Florida Realty

    (321) 749-2444

    2 in this area

    126 Total Sales

    Barbara Wall
    Section Image
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Map

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

MLS Number: 931424

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-10-84-0000I.0-0037.00

Florida Brevard County Melbourne Beach 32951 Floridana Beach

5247 Solway Dr, Melbourne Beach, FL

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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