NOT LISTED FOR SALE

540 Newport Dr Indialantic, FL 32903

Paradise Beach Neighborhood

Estimated Value: $772,590

4 Beds
2 Baths
2,363 Sq Ft
$327/Sq Ft Est. Value

Sale Details

Date Sold: April 10, 2020

Last sale price $450,000 $190 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,773 / mo

10 Days on Market

Highlights

  • Gated with Attendant
  • Lake View
  • Clubhouse
  • Indialantic Elementary School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of April 2020

Imagine coming home to this gorgeous home with a lake view in the prestigious gated CLOISTERS COMMUNITY. With less than a 15-minute walk to the ocean, spend your time enjoying the beach. This well-maintained custom home plan features a REMODELED KITCHEN WITH CHERRY HIGH-END CABINETS, GRANITE COUNTERTOPS, Kitchen Island, under cabinet lighting & STAINLESS STEEL APPLIANCES. NEW TILE ROOF (2018), tile floors throughout, & vaulted ceilings. Large master suite has access to the lanai, large master bath with large tub, walk-in shower & double sinks. A large, screened lanai is perfect for entertaining & overlooks a pond. Plenty of room in the backyard to add a pool. This corner lot home is a fantastic value. The Cloisters offers gated & guarded entry, tennis courts, a clubhouse, & a pool.

Last Agent to Sell the Property

Jonathan Krauser

J. Edwards Real Estate License #3127056 Listed on: 02/28/2020

Last Buyer's Agent

Jonathan Krauser

J. Edwards Real Estate License #3127056 Listed on: 02/28/2020

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,842

Year Built

  • Built in 1991

Lot Details

  • 13,939 Sq Ft Lot
  • Lot Dimensions are 90x116x131x149
  • North Facing Home
  • Corner Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pond

Home Design

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

Interior Spaces

  • 2,363 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Screened Porch
  • Tile Flooring
  • Hurricane or Storm Shutters

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Outdoor Shower
  • Patio

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-37-25-08-00000.0-0010.00

Community Details

Overview

  • Association fees include security
  • Cloisters Replat #1 Of The Subdivision
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,842

Year Built

Built in 1991

Lot Details

0.32 Acres

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Sink
  • ResoLotFeatures: Corner Lot, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond, Water
  • ResoSecurityFeatures: Gated with Guard
  • Reso Association Amenities: Basketball Court, Clubhouse, Maintenance Grounds, Park, Tennis Court(s), Management - Full Time, Pool
  • Reso Association Fee Includes: Security
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cloisters Replat #1 of The
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • ResoWindowFeatures: Skylight(s)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, His and Hers Closets, Open Floorplan, Pantry, Primary Downstairs, Vaulted Ceiling(s), Walk-In Closet(s), Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Breakfast Nook
  • Flooring: Tile
  • Appliances: Dryer, Disposal, Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Other, Wood Burning

Exterior Features

  • Exterior Features: Outdoor Shower, Storm Shutters
  • Roof: Tile
  • Acres: 0.32
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 900.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 90x116x131x149
  • Lot Size Sq Ft: 13939.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-25-08-00000.0-0010.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3841.92

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Apr 10, 2020
Sold by
Bought by
Seller's Agent
Jonathan Krauser
J. Edwards Real Estate
Buyer's Agent
Jonathan Krauser
J. Edwards Real Estate
List Price
$464,900
Sold Price
$450,000
Premium/Discount to List
-$14,900
-3.2%
Current Estimated Value
$772,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,590
Avg. Annual Appreciation
8.93%
Original Mortgage
$275,000
Outstanding Balance
$237,755
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$534,835

Purchase Details

Closed on
Aug 26, 2003
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Paradise Beach, FL

  • Kaitlin Bertino Real Estate Agent - Blue Marlin Real Estate

    Kaitlin Bertino

    Blue Marlin Real Estate

    (321) 306-3226

    64 Total Sales

    2 in Paradise Beach

    $375K - $392K Price Range

    Kaitlin Bertino
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  • Elena Manfredi Real Estate Agent - RE/MAX Elite

    Elena Manfredi

    RE/MAX Elite

    (321) 384-9789

    56 Total Sales

    1 in Paradise Beach

    $233,500 Price

    Elena Manfredi
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  • Stephen Johnson Real Estate Agent - Engel&Voelkers Melb Beachside

    Stephen Johnson

    Engel&Voelkers Melb Beachside

    (321) 341-3679

    25 Total Sales

    1 in Paradise Beach

    $677,500 Price

    Stephen Johnson
     Section Image
  • Jodie Bizarro Real Estate Agent - Waterman Real Estate, Inc.

    Jodie Bizarro

    Waterman Real Estate, Inc.

    (321) 341-8810

    106 Total Sales

    1 in Paradise Beach

    $1,250,000 Price

    Jodie Bizarro
     Section Image
  • Susan Goldthorp Real Estate Agent - Visulate LLC

    Susan Goldthorp

    Visulate LLC

    (321) 730-2477

    69 Total Sales

    1 in Paradise Beach

    $521,000 Price

    Susan Goldthorp
     Section Image
  • Ruth Murphy Real Estate Agent - Dale Sorensen Real Estate Inc.

    Ruth Murphy

    Dale Sorensen Real Estate Inc.

    (772) 448-1916

    33 Total Sales

    1 in Paradise Beach

    $269,000 Price

    Ruth Murphy
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 Bella Title And Escrow Inc
-- --
$227,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $275,000
Previous Owner $125,000
Previous Owner $26,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/10/2020 04/10/20 Sold $450,000 -3.2% $190 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $464,900 -- $197 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,477 $441,770
2024 $5,399 $429,320
2023 $5,399 $416,820 $0 $0
2022 $5,036 $404,680 $0 $0
2021 $5,277 $392,900 $110,000 $282,900
2020 $3,868 $284,560 $0 $0
2019 $3,827 $278,170 $0 $0
2018 $3,842 $272,990 $0 $0
2017 $3,889 $267,380 $0 $0
2016 $3,966 $261,890 $100,000 $161,890
2015 $4,088 $260,070 $100,000 $160,070
2014 $4,120 $258,010 $90,000 $168,010
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Krauser Real Estate Agent - J. Edwards Real Estate

    Seller's Agent in 2020

    Jonathan Krauser

    J. Edwards Real Estate

    (321) 626-0015

    18 in this area

    146 Total Sales

    Jonathan Krauser
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Map

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

MLS Number: 869254

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-25-08-00000.0-0010.00

Florida Brevard County Indialantic 32903 Paradise Beach

540 Newport Dr, Indialantic, 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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