$2,000,000
SOLD FEB 19, 2025
4 Beds
4 Baths
2,510 Sq Ft
0.61 Acres

Recently Sold

$797 Per Sq Ft

4% Below List Price

13 Days on Market

Highlights

  • 85 Feet of Waterfront
  • Ocean View
  • RV Access or Parking
  • Gemini Elementary School Rated A-
  • Property has ocean access
  • 0.61 Acre Lot

About This Home

As of February 2025

This very special, direct Oceanfront, DUPLEX property features a rare and highly desirable combination of attributes. First and foremost is the over 400' depth which provides incredible privacy and a great buffer from A1A. The 2 home design + RU-24 zoning affords multiple options towards it's uses by the next owner including short term vacation rentals, which do extremely well in this beautiful, nature rich stretch of coast. Resting comfortably atop an elevated dune, relaxing and enjoying the views of the white sand beach, turquoise Ocean and ever changing skies will never get old! The home also features updated impact rated windows and sliding glass doors as well as a newer roof (2018), updated plumbing, AC, H2O heater & an expansive, long lasting composite balcony & beach crossover, which is the perfect spot to enjoy the refreshing sea breezes and multiple rocket launches throughout the year. Furnishings can convey for a turn key opportunity. Call today for a private tour !

Last Agent to Sell the Property

Dave Settgast

One Sotheby's International License #3165226 Listed on: 01/24/2025

One Sotheby's International

Last Buyer's Agent

Laura Dowling-Roy

Premier Properties Real Estate License #662285

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,182

Year Built

  • Built in 1979

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 460 x 85
  • 85 Feet of Waterfront
  • Ocean Front
  • Property fronts a state road
  • West Facing Home
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Shared Driveway
  • RV Access or Parking

Property Views

  • Ocean
  • Beach

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,510 Sq Ft Home
  • 2-Story Property
  • Furniture Can Be Negotiated
  • High Impact Windows

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 29-38-14-00-00271.0-0000.00
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,182

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1979
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Electric Dryer Hookup, In Unit, Washer Hookup
  • ResoLotFeatures: Few Trees, Other
  • Road Frontage Type: State Road
  • Road Surface Type: Asphalt
  • Reso View: Beach, Ocean, Water
  • Water Body Name: Atlantic Ocean
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • ViewOcean: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Dryer, Electric Oven, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Exterior Features: Balcony, Impact Windows
  • Roof: Shingle
  • Acres: 0.61
  • Pool Private: No
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Frame, Stucco, Wood Siding
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • Waterfront Features:Ocean Front: Yes
  • Lot Features:Other21: Yes
  • Lot Features:Few Trees: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, RV Access/Parking, Shared Driveway
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private, 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

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential
  • Lot Dimensions: 460 x 85
  • Lot Size Sq Ft: 26572.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2954196
  • Parcel #: 29-38-14-00-00271.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14182.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2020
Sold by
Gerlak Marilyn Joyce
Bought by
Gerlak Marilyn Joyce and Marilyn Joyce Gerlak Trust
Total Days on Market
13
Current Estimated Value
$2,112,768

Purchase Details

Closed on
Apr 26, 1999
Sold by
Clark G David and Heflin Garry R
Bought by
Gerlak Joseph and Gerlak Marilyn Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7%
Source: Public Records

Range of Values:

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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 -- None Available
Warranty Deed $290,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Sold $2,000,000 -4.1% $797 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $2,085,000 -- $831 / 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
2023 $8,127 $601,070 $0 $0
2022 $7,651 $583,570 $0 $0
2021 $8,504 $566,580 $0 $0
2020 $7,930 $558,760 $0 $0
2019 $7,865 $546,200 $0 $0
2018 $7,910 $536,020 $0 $0
2017 $8,030 $525,000 $0 $525,000
2016 $8,743 $510,000 $0 $0
2015 $8,848 $489,500 $396,000 $93,500
2014 $8,191 $445,000 $396,000 $49,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1035320

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-14-00-00271.0-0000.00