$143,500
SOLD JAN 4, 2021

5725 Pelican Pointe Dr Unit 4 Sebastian, FL 32958

2 Beds
2 Baths
1,060 Sq Ft
1986 Built

Recently Sold

$135 Per Sq Ft

3% Below List Price

Highlights

  • Lake Front
  • Heated Pool
  • Clubhouse
  • Golf Course Community
  • Home fronts a pond
  • Vaulted Ceiling

About This Home

As of January 2021

Resort style condo community located on the river, just minutes to the Ocean Beaches. This 2 Bedroom 2nd floor unit has magnificent views of the lake and 9 hole golf course, community features Heated Pool, Clubhouse with exercise rm & Sauna, lighted Tennis, Marina with boat slips on the River and Much more! Come and Enjoy the easy life in Paradise!

Last Buyer's Agent

Kim Salmon

RE/MAX Crown Realty License #SL3252428

RE/MAX Crown Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,009

Year Built

  • Built in 1986

Lot Details

  • Home fronts a pond
  • Lake Front
  • North Facing Home

Property Views

  • Lake
  • Golf Course

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,060 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Blinds
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Assigned Parking

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Enclosed patio or porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 31392100005024100004.0

Community Details

Overview

  • Association fees include insurance, maintenance structure, parking, recreation facilities
  • Keystone Properties Association
  • Pelican Pointe Seb Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,009

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: n/a
  • Ownership: Condo
  • Subdivision Name: Pelican Pointe-Seb
  • Directions: US 1 to Pelican Pointe community on the east side of US 1 across from Barber st intersection.
  • Architectural Style: Two Story
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1986
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-589-7777
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Other
  • Interior Amenities: High Ceilings, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 1060.0
  • Stories: 2
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Other
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: Golf Course, Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Frame
  • Direction Faces: North
  • Exterior Features: Balcony, Enclosed Porch
  • Patio And Porch Features: Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, One Space, Uncovered

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Tennis Court(s), Pool
  • Association Fee: 435.0
  • Association Name: Keystone Properties
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Parking, Recreation Facilities

Lot Info

  • Parcel #: 31392100005024100004.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2009.0
  • Tax Lot: 4
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Coulson Valerie Sue and Coulson Keith Reuben
Bought by
Pace Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Outstanding Balance
$191,111
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$53,132

Purchase Details

Listed on
Jan 4, 2021
Closed on
Jan 22, 2021
Sold by
Christensen Roy Richard
Bought by
Coulson Valerie Sue and Coulson Keith Reuben
Buyer's Agent
Kim Salmon
RE/MAX Crown Realty
List Price
$148,500
Sold Price
$143,500
Premium/Discount to List
-$5,000
-3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.40%
Original Mortgage
$100,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2013
Sold by
Edmondson Lucille R
Bought by
Edmondson Lucille R

Purchase Details

Closed on
Mar 8, 2001
Sold by
Edmondson Lucille R
Bought by
Christensen Roy Richard and Christensen Margaret P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.12%
Source: Public Records

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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 $245,000 Professional Title
Warranty Deed $143,500 Professional Ttl Of Treasure
Warranty Deed -- Professional Ttl Of Treasure
Interfamily Deed Transfer -- Attorney
Warranty Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $60,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 For Sale $247,000 +72.1% $233 / Sq Ft
01/04/2021 01/04/21 Sold $143,500 -3.4% $135 / Sq Ft
01/04/2021 01/04/21 For Sale $148,500 -- $140 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $2,612 $221,076 -- $221,076
2023 $2,612 $168,197 $0 $0
2022 $2,267 $152,906 $0 $152,906
2021 $1,952 $126,630 $0 $126,630
2020 $1,973 $126,630 $0 $126,630
2019 $2,009 $126,630 $0 $126,630
2018 $1,856 $115,117 $0 $115,117
2017 $1,757 $110,160 $0 $0
2016 $1,634 $102,000 $0 $0
2015 $1,494 $85,000 $0 $0
2014 $1,334 $77,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2025

    Erica Ogilvie

    RE/MAX Crown Realty

  • K

    Buyer's Agent in 2021

    Kim Salmon

    RE/MAX

See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 239678

APN: 31-39-21-00005-0241-00004.0

Florida Indian River County Sebastian 32958

5725 Pelican Pointe Dr Unit 4, Sebastian, FL

This home is located at 5725 Pelican Pointe Dr Unit 4, Sebastian, FL 32958 and is currently priced at $143,500, approximately $135 per square foot. This property was built in 1986. 5725 Pelican Pointe Dr Unit 4 is a home located in Indian River County with nearby schools including Pelican Island Elementary School, Storm Grove Middle School, and Sebastian River High School.

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