$2,650,000
SOLD JAN 10, 2020
5 Beds
6 Baths
4,762 Sq Ft
0.58 Acres

Recently Sold

$556 Per Sq Ft

8% Below List Price

455 Days on Market

Highlights

  • Ocean Front
  • 0.58 Acre Lot
  • Vaulted Ceiling
  • Gemini Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of July 2022

Be the first to live in this 2018 built, solid, contemporary beauty along 110' of pristine Melbourne Beach. Solid poured concrete walls with impact rated, insulated windows and doors, this impressive structure is equally strong as it is beautiful with creative designer finishes throughout. Rests securely but 20' above sea level. Over 10,000 sq ft to enjoy including an incredible 2,282' top floor Sunset/ Sunrise/ Stargazing deck with a dramatic Ocean to River perspective. Private elevator. Sleek, modern, open kitchen with Ocean views, gorgeous Wenge wood cabinetry, all high end appliances, walk in hidden pantry, 2 dishwashers and double islands that will satisfy any gourmet. Ocean side pool infrastructure already in place and can be added, if so desired. A must see to appreciate !

Last Agent to Sell the Property

Dave Settgast

One Sotheby's International License #3165226 Listed on: 10/02/2018

One Sotheby's International

Last Buyer's Agent

Gibbs Baum

One Sotheby's International License #3247254

One Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,458

Year Built

  • Built in 2018

Lot Details

  • 0.58 Acre Lot
  • Ocean Front
  • West Facing Home
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Property Views

  • Ocean
  • Intracoastal
  • River

Home Design

  • Metal Roof
  • Concrete Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 4,762 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Great Room
  • Loft

Kitchen

  • Breakfast Bar
  • Double Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 6 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 29-38-10-00-00018.0-0000.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,458

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Ocean, River, Water, Intracoastal
  • Reso Association Amenities: Jogging Path
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Reso Accessibility Features: Accessible Elevator Installed
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 29-38-10-00-00018.0-0000.00
  • 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: 9458.43
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 4762.0
  • General Property Information Building Area Total3: 8127.0
  • General Property Information Lot Size Acres: 0.58
  • General Property Information Lot Size Square Feet2: 25265.0
  • 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: West
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Road Surface Type Asphalt: Yes
  • Utilities Cable Available: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Room Types Great Room: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Laundry: Yes
  • Levels Three Or More: Yes
  • ViewOcean: Yes
  • Room Types Loft: Yes
  • View Intracoastal: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Kitchen Island, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Double Oven, Electric Water Heater, Refrigerator
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None
  • Roof: Metal
  • Acres: 0.58
  • Waterfront Features: Ocean Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Deck, Patio, Porch
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Accessibility Features:Accessible Elevator Installed: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Waterfront Features:Ocean Front: Yes
  • View:River: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Jogging Path: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 25265.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2953603
  • Parcel #: 29-38-10-00-00018.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9458.43

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 13, 2022
Sold by
Nikoletta Farantatou
Bought by
5285 S Highway A1a Llc
Seller's Agent
Gibbs Baum
One Sotheby's International
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$4,490,000
Sold Price
$4,110,000
Premium/Discount to List
-$380,000
-8.46%
Current Estimated Value
$4,371,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,838
Avg. Annual Appreciation
1.94%
Original Mortgage
$3,000,000
Outstanding Balance
$2,854,158
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$1,517,680

Purchase Details

Listed on
Oct 2, 2018
Closed on
Jan 6, 2020
Sold by
Vanmotro Joseph Van
Bought by
Farantatou Nikoletta
Seller's Agent
Dave Settgast
One Sotheby's International
Buyer's Agent
Gibbs Baum
One Sotheby's International
List Price
$2,890,000
Sold Price
$2,650,000
Premium/Discount to List
-$240,000
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.11%

Purchase Details

Closed on
Aug 19, 2011
Sold by
Markogiannakis Pantelis
Bought by
Vanmotro Josepn
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $4,110,000 Phillips Hayden & Labbee Llp
Warranty Deed $2,650,000 Precise Title Inc
Warranty Deed $500,000 State Title Partners Llp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $4,110,000 -8.5% $860 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $4,490,000 +69.4% $939 / Sq Ft
01/10/2020 01/10/20 Sold $2,650,000 -5.2% $556 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
08/21/2019 08/21/19 Price Changed $2,795,000 -1.9% $587 / Sq Ft
02/20/2019 02/20/19 Price Changed $2,849,000 -1.4% $598 / Sq Ft
10/02/2018 10/02/18 For Sale $2,890,000 -- $607 / 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 $39,963 $3,378,470 -- --
2024 $38,764 $3,280,150 -- --
2023 $38,764 $3,116,080 $1,300,000 $1,816,080
2022 $33,646 $3,166,210 $0 $0
2021 $29,848 $2,264,420 $600,000 $1,664,420
2020 $17,048 $1,885,400 $600,000 $1,285,400
2019 $9,458 $650,000 $0 $650,000
2018 $9,347 $650,000 $0 $650,000
2017 $9,756 $650,000 $0 $650,000
2016 $11,274 $650,000 $0 $0
2015 $11,288 $612,260 $600,000 $12,260
2014 $11,433 $600,000 $600,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 826042

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-10-00-00018.0-0000.00