$817,000
SOLD JUN 22, 2018
-- Bed
-- Bath
3,416 Sq Ft
0.29 Acres

Recently Sold

$239 Per Sq Ft

4% Below List Price

33 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Central Air
  • Gemini Elementary School Rated A-
  • Tile Flooring
  • Water Softener is Owned

About This Home

As of September 2024

Take this wonderfully unique opportunity to live in an ocean-front home while the offer still stands!
This one of a kind property not only includes a spacious 3 bed 2 bath home, but ALSO 2 other rentable units. This property harnesses beach-town charm accompanied by sprawling entertainment spaces with a calm and sophisticated style. Wake up every morning and take in the sparkling ocean views - with an added bonus: collecting extra income. Solid construction and hurricane shutters are intact.Come view this property before it's too late! Lot next door (5259 HWY A1A) also listed.

Last Agent to Sell the Property

Gibbs Baum

One Sotheby's International License #3247254 Listed on: 04/06/2018

One Sotheby's International

Last Buyer's Agent

Gibbs Baum

Treasure Coast Sotheby's Intl

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,081

Year Built

  • Built in 1974

Lot Details

  • 0.29 Acre Lot
  • Ocean Front

Parking

  • 6 Open Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,416 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • The owner pays for taxes, trash collection
  • Assessor Parcel Number 29-38-10-Gx-00009.0-0004.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,081

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1974
  • Reso Property Sub Type: Triplex
  • Road Surface Type: Paved
  • Co List Office Mls Id: spc.ozosi
  • Co List Office Phone: 321-984-3135
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 29-38-10-Gx-00009.0-0004.00
  • 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: 8081.38
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 3416.0
  • General Property Information Building Area Total3: 3416.0
  • General Property Information Lot Size Acres: 0.29
  • General Property Information Lot Size Square Feet2: 12632.0
  • General Property Information Waterfront YN: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • General Property Information Carport YN2: No
  • General Property Information Number Of Units Total2: 3.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Water Softener Owned
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.29
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • General Property Information:Garage YN: No
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 12632.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2953546
  • Parcel #: 29-38-10-Gx-00009.0-0004.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Taxes, Trash Collection

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 8081.38

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

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
-3.20%
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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $2,330,000 None Listed On Document
Warranty Deed $817,000 State Title Partners Llp
Warranty Deed $550,000 Alliance Title Insurance Age
Deed $1,050,000 Alliance Title Brevard Llc
Interfamily Deed Transfer -- Alliance Title Of Brevard
Interfamily Deed Transfer -- Alliance Title Of Brevard
Warranty Deed -- --
Deed -- --
Warranty Deed -- --
Warranty Deed $308,000 --
Warranty Deed $213,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,747,500 New Conventional
Previous Owner $350,000 Credit Line Revolving
Previous Owner $653,000 New Conventional
Previous Owner $653,000 New Conventional
Previous Owner $653,600 New Conventional
Previous Owner $650,000 Fannie Mae Freddie Mac
Previous Owner $275,000 Purchase Money Mortgage
Previous Owner $246,400 Purchase Money Mortgage
Previous Owner $246,400 Purchase Money Mortgage
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: 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
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: 810070

Space Coast MLS (Space Coast Association of REALTORS®)

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