NOT LISTED FOR SALE

5255 S Highway A1a Melbourne Beach, FL 32951

Floridana Beach Neighborhood

Estimated Value: $2,163,000 - $2,309,475

6 Beds
5 Baths
3,416 Sq Ft
$653/Sq Ft Est. Value

Last Sold September 03, 2024

Last sale price $2,330,000 $682 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $12,660/month

9 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Concrete Block With Brick
  • Gemini Elementary School Rated A-
  • Circular Driveway
  • Wet Bar

About This Home

As of September 2024

This exceptional property offers the perfect blend of coastal living and lucrative rental income potential. Wake up to the soothing sounds of the waves and breathe in the salty sea breeze right from your doorstep. Located just a short drive from shopping, dining, fishing, and surfing, this prime location ensures you have easy access to all the amenities you desire. Currently operating as short-term rentals, these units present significant income-generating opportunities. This is your chance to own a slice of paradise, indulge in beachfront living, and secure a promising investment all in one. Opportunities like this are rare, so don't miss out. Act now and make oceanfront dreams a reality!

Last Agent to Sell the Property

Donna Browning

Dale Sorensen Real Estate Inc. License #0682700 Listed on: 07/01/2024

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Dania Perez

Sovereign Real Estate Group License #3312027

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,861

Year Built

  • Built in 1974

Lot Details

  • 60 Ft Wide Lot
  • Ocean Front
  • North Facing Home

Home Design

  • Concrete Block With Brick
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • Wet Bar
  • Tile Flooring
  • Direct Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • 5 Full Bathrooms

Parking

  • Circular Driveway
  • Open Parking

Outdoor Features

  • Outdoor Shower
  • Property has ocean access

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • New Melbourne Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-38-10-Gx-00009.0-0004.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,861

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Directions: A1A south of the Driftwood (Publix) Plaza approximately 3 miles to 5255 on the ocean.
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: New Melbourne Beach
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Split Bedroom, Wet Bar, No Additional Rooms
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Flooring: Tile
  • Furnished: Unfurnished
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters
  • Bedroom Features: Other
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Shingle
  • View: Ocean, Direct Ocean
  • Exterior Features: Outdoor Shower
  • Construction Type: Concrete Block With Brick, Frame With Stucco
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: New Melbourne Beach
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 29-38-10-Gx-00009.0-0004.00
  • Zoning: RESIDENTIAL
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9861

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Casal Alexander Otaola
Bought by
Otaca Properties Llc
Current Estimated Value
$2,230,158

Purchase Details

Listed on
Jul 1, 2024
Closed on
Sep 3, 2024
Sold by
Vicker Del E and Vicker Shanna
Bought by
Casal Alexander Otaola
Seller's Agent
Donna Browning
Dale Sorensen Real Estate Inc.
Buyer's Agent
Dania Perez
Sovereign Real Estate Group
List Price
$2,640,000
Sold Price
$2,330,000
Premium/Discount to List
-$310,000
-11.74%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.01%
Original Mortgage
$1,747,500
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jun 20, 2018
Sold by
William H Stolberg Llc
Bought by
Vicker Del E and Vicker Shanna
Seller's Agent
Gibbs Baum
One Sotheby's International
Buyer's Agent
Gibbs Baum
Treasure Coast Sotheby's Intl
List Price
$849,000
Sold Price
$817,000
Premium/Discount to List
-$32,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.38%
Original Mortgage
$653,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2010
Sold by
Vo Dan and Nguyen Ai
Bought by
William H Stolberg Llc

Purchase Details

Closed on
May 25, 2005
Sold by
Brown Martin R and Brown Sharon L
Bought by
Vo Dan and Nguyen Al

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.27%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 11, 2003
Sold by
Brown Martin R and Brown Sharon L
Bought by
Brown Martin R and Brown Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2001
Sold by
Brown Martin R and Brown Sharon L
Bought by
Brown Martin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2000
Sold by
Brown Martin R and Brown Sharon L
Bought by
Brown Martin R

Purchase Details

Closed on
Jan 31, 2000
Sold by
Whitehead Allan P and Whitehead Maria G
Bought by
Brown Martin R and Brown Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 1995
Sold by
Franklin Philip J and Franklin Susan A
Bought by
Whitehead Allan P
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Otaca Properties Llc -- None Listed On Document
Casal Alexander Otaola $2,330,000 None Listed On Document
Vicker Del E $817,000 State Title Partners Llp
William H Stolberg Llc $550,000 Alliance Title Insurance Age
Vo Dan $1,050,000 Alliance Title Brevard Llc
Brown Martin R -- Alliance Title Of Brevard
Brown Martin R -- Alliance Title Of Brevard
Brown Martin R -- --
Brown Martin R -- --
Brown Martin R -- --
Brown Martin R $308,000 --
Whitehead Allan P $213,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casal Alexander Otaola $1,747,500
Previous Owner Vicker Del E $653,600
Previous Owner Vo Dan $650,000
Previous Owner Brown Martin R $275,000
Previous Owner Brown Martin R $246,400
Previous Owner Brown Martin R $246,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $2,330,000 -11.7% $682 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $2,640,000 +3472.4% $773 / Sq Ft
03/15/2019 03/15/19 Sold $73,900 -14.0% $22 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/14/2018 11/14/18 Price Changed $85,900 0.0% $25 / Sq Ft
11/14/2018 11/14/18 For Sale $85,900 +16.2% $25 / Sq Ft
10/13/2018 10/13/18 Off Market $73,900 -- --
07/28/2018 07/28/18 Price Changed $89,900 -89.0% $26 / Sq Ft
06/22/2018 06/22/18 Sold $817,000 -3.8% $239 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $849,000 +431.0% $249 / Sq Ft
04/28/2017 04/28/17 For Sale $159,900 -- $47 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $10,037 $1,512,000 -- --
2024 $9,862 $819,710 -- --
2023 $9,862 $810,110 $0 $0
2022 $8,278 $656,150 $0 $0
2021 $8,156 $572,780 $0 $0
2020 $7,777 $539,500 $0 $0
2019 $7,675 $525,770 $0 $0
2018 $9,009 $605,000 $0 $605,000
2017 $8,081 $474,000 $0 $474,000
2016 $8,190 $460,000 $0 $0
2015 $8,258 $440,000 $300,000 $140,000
2014 $7,663 $400,000 $300,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Donna Browning

    Dale Sorensen Real Estate Inc.

    Section Image
  • Dania Perez

    Buyer's Agent in 2024

    Dania Perez

    Sovereign Real Estate Group

    (786) 444-8595

    1 in this area

    172 Total Sales

    Dania Perez
    Section Image
  • Adam Warner

    Seller's Agent in 2019

    Adam Warner

    Pineapple Farms LLC

    (321) 890-5314

    2 in this area

    65 Total Sales

    Adam Warner
    Section Image

  • N

    Buyer's Agent in 2019

    Non-Member Non-Member Out Of Area

    Non-MLS or Out of Area

  • Gibbs Baum

    Seller's Agent in 2018

    Gibbs Baum

    One Sotheby's International

    (321) 432-2009

    75 in this area

    273 Total Sales

    Gibbs Baum
    Section Image
  • Gregory Zimmerman

    Seller Co-Listing Agent in 2018

    Gregory Zimmerman

    One Sotheby's International

    (321) 704-3025

    69 in this area

    250 Total Sales

    Gregory Zimmerman
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11616118

MIAMI REALTORS® MLS

APN: 29-38-10-GX-00009.0-0004.00

Florida Brevard County Melbourne Beach 32951 Floridana Beach

5255 S Highway A1a, Melbourne Beach, FL

This home is located at 5255 S Highway A1a, Melbourne Beach, FL 32951 since 01 July 2024 and is currently estimated at $2,230,158, approximately $652 per square foot. This property was built in 1974. 5255 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.

MIAMI REALTORS® MLS 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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