NOT LISTED FOR SALE

575 Highway A1a Unit 502 Satellite Beach, FL 32937

Estimated Value: $794,000 - $832,000

3 Beds
2 Baths
1,980 Sq Ft
$650/mo HOA Fee

Last Sold February 24, 2023

Last sale price $900,000 $455 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $5,711/month

148 Days on Market

Highlights

  • Ocean Front
  • Corner Lot
  • Balcony
  • Sea Park Elementary School Rated 9+
  • Community Pool
  • Separate Shower in Primary Bathroom

About This Home

As of February 2023

MOTIVATED SELLERS! This breathtaking condo is your oceanfront oasis. Completely move in ready with high end updates in 2020. This 3 bedroom 2 bathroom condo is full of ocean views from almost every window and angle of the apartment, including a view of the pool. Included is a private beach access for the Condominium.

The condo has high end tile flooring throughout and granite countertops in the kitchen. Included inside the unit is your own washer and dryer, refrigerator, dishwasher, oven range and microwave.

This condo is great for a full time home, a vacation home, or a rental for your investment portfolio. This home is also well situated near Cape Canaveral, the space center, Orlando, Disney World, and many other world class attractions.

Last Agent to Sell the Property

David Andai

Compass Florida LLC License #3513832 Listed on: 01/16/2023

Compass Florida LLC

Last Buyer's Agent

Bradley Griffin

Weichert REALTORS Hallmark Pro

Weichert REALTORS Hallmark Pro

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,453

Year Built

  • Built in 1996

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Property Views

  • Ocean
  • Pool

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,980 Sq Ft Home
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

  • Sea Park Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 26-37-26-02-00000.0-0019.00

Community Details

Overview

  • Association fees include insurance, sewer, trash, water
  • Monaco Condo Ph 1 Association
  • Monaco Estates Phase 1 Subdivision
  • Maintained Community
  • Car Wash Area
  • 7-Story Property

Amenities

  • Secure Lobby
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • 2 Pets Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,453

Year Built

Built in 1996

Lot Details

0

HOA Fees

$650 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Corner Lot
  • Reso View: Ocean, Pool, Water
  • ResoSecurityFeatures: Fire Sprinkler System, Secured Lobby
  • Reso Association Amenities: Car Wash Area, Elevator(s), Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site
  • Reso Association Fee Includes: Insurance, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Monaco Estates Phase 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-37-26-02-00000.0-0019.00
  • Location Tax and Legal Elementary School: Sea Park
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Annual Amount: 6453.4
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 1980.0
  • General Property Information Lot Size Acres: 0.06
  • General Property Information Lot Size Square Feet2: 2614.0
  • 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 Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Sewer:Public Sewer: Yes
  • View Pool: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Pets Allowed Total Number Of Pets: 2
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 7
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Lobby: Yes
  • ViewOcean: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Amenities: Elevator, His and Hers Closets, Kitchen Island, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower
  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Freezer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 7
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:His and Hers Closets: Yes
  • Interior Features:Elevator: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community
  • Roof: Membrane
  • Acres: 0.06
  • Waterfront Features: Ocean Access, Ocean Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Waterfront Features:Ocean Front: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Guest
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 650.0
  • Association Fee Frequency: Monthly
  • Association Name: MONACO CONDO PH 1
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: MONACO CONDO PH 1
  • General Property Information:Association Fee: 650.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Car Wash Area: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2619354
  • Parcel #: 26-37-26-02-00000.0-0019.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6453.4

MLS Schools

  • Elementary School: Sea Park
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2013
Closed on
Sep 13, 2013
Sold by
Bank Of America N A
Bought by
Lam My Lai and Crowell Richard T
Seller's Agent
Stephanie McCall
RealHome Services & Solutions
Buyer's Agent
Tim Gifford
RE/MAX Alternative Realty
List Price
$322,500
Sold Price
$307,799
Premium/Discount to List
-$14,701
-4.56%
Current Estimated Value
$809,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,727
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
Jun 24, 2013
Sold by
Olson Richard L
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 5, 2012
Sold by
Olson Richard
Bought by
Monaco Condominium Corporation

Purchase Details

Closed on
Jun 16, 1999
Sold by
Engel John E and Engel Margaret B
Bought by
Engel Margaret B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
7.04%

Purchase Details

Closed on
Jun 15, 1999
Sold by
E Side Corp
Bought by
Engel John E and Engel Margaret B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
7.04%
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 Buyer Sale Price Title Company
Lam My Lai $307,799 Premium Title Services Inc
Bank Of America Na -- None Available
Monaco Condominium Corporation -- None Available
Engel Margaret B -- --
Engel John E $232,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Engel Margaret B $174,000
Previous Owner Engel John E $174,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2023 02/24/23 Sold $900,000 0.0% $455 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/02/2023 01/02/23 Off Market $900,000 -- --
12/15/2022 12/15/22 Pending -- -- --
10/19/2022 10/19/22 Price Changed $950,000 -5.0% $480 / Sq Ft
08/20/2022 08/20/22 For Sale $999,900 0.0% $505 / Sq Ft
09/01/2019 09/01/19 Rented $3,000 -4.8% --
07/02/2019 07/02/19 For Rent $3,150 0.0% --
07/02/2019 07/02/19 Off Market $3,150 -- --
07/01/2019 07/01/19 For Rent $3,150 0.0% --
06/18/2019 06/18/19 Off Market $3,150 -- --
06/04/2019 06/04/19 Price Changed $3,150 -6.0% $2 / Sq Ft
04/05/2019 04/05/19 For Rent $3,350 +11.7% --
09/15/2016 09/15/16 Rented $3,000 0.0% --
08/02/2016 08/02/16 For Rent $3,000 +5.3% --
07/15/2015 07/15/15 Rented $2,850 0.0% --
06/26/2015 06/26/15 Under Contract -- -- --
06/05/2015 06/05/15 For Rent $2,850 +1.8% --
05/01/2014 05/01/14 Rented $2,800 0.0% --
04/16/2014 04/16/14 Under Contract -- -- --
04/13/2014 04/13/14 For Rent $2,800 0.0% --
10/01/2013 10/01/13 Sold $307,799 -4.6% $155 / Sq Ft View Prior Sale
08/31/2013 08/31/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $322,500 -- $163 / 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 $9,226 $585,020 -- --
2024 $8,229 $733,870 -- --
2023 $8,229 $715,910 $0 $0
2022 $6,982 $619,460 $0 $0
2021 $6,453 $481,000 $0 $481,000
2020 $4,490 $345,550 $0 $0
2019 $4,471 $337,790 $0 $0
2018 $5,836 $389,030 $0 $389,030
2017 $5,924 $379,390 $0 $379,390
2016 $5,708 $348,060 $0 $0
2015 $5,678 $315,890 $0 $0
2014 $5,072 $287,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

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

MLS Number: 943765

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-26-02-00000.0-0019.00