$220,000
SOLD JUL 31, 2025

5825 Marina Dr Unit 2 Sebastian, FL 32958

2 Beds
2 Baths
1,060 Sq Ft
1985 Built

Recently Sold

$208 Per Sq Ft

21% Below List Price

342 Days on Market

Highlights

  • Lake Front
  • Water Access
  • Heated Pool
  • Golf Course Community
  • Fitness Center
  • Home fronts a pond

About This Home

As of July 2025

First floor unit with a lake view. 42" kitchen cabinets, granite countertops and stainless steel appliances. Split
bedrooms with a ton of natural light. Tile flooring throughout. Furnished. Community offers a 9 hole golf course, 3 tennis courts, pickleball, bocce, a marina with a slip and a fish scaling station, multiple benches around the property and the marina where you can watch manatees and dolphins swimming, a solar heated community pool, a large clubhouse with a fully equipped gym, dry sauna, a large kitchen along with a beautiful gathering room with a fire place. RMSZAPPR/subjtoerror

Last Agent to Sell the Property

Luchian Bercea

Dale Sorensen Real Estate Inc. Brokerage Phone: 321-361-6940 License #3369336 Listed on: 08/23/2024

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Carolyn Plante

Dale Sorensen Real Estate Inc. License #3265552

Dale Sorensen Real Estate Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $506

Year Built

  • Built in 1985

Lot Details

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

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,060 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Window Treatments
  • Sliding Doors
  • Tile Flooring
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Uncovered Parking
  • Assigned Parking

Pool

  • Heated Pool
  • Outdoor Pool
  • Solar Heated Pool

Outdoor Features

  • Water Access
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 31392100005008100002.0

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, recreation facilities, reserve fund, roof, trash
  • Keystone Property Mgmt Association
  • Pelican Pointe Seb Subdivision

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$506

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 0.00
  • Ownership: Condo
  • Subdivision Name: Pelican Pointe-Seb
  • Directions: US 1 to the light at Barber St. and US 1 head East into Pelican Pt. 2nd building on right , 1st floor right side.
  • Architectural Style: Two Story
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1985
  • Property Sub Type Additional: Attached
  • Attribution Contact: 321-361-6940
  • 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: Tile
  • Interior Amenities: Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1060.0
  • Stories: 2
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Other
  • Pool Features: Heated, Pool, Solar Heat, Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Frame
  • Direction Faces: North
  • Exterior Features: Porch
  • Patio And Porch Features: Enclosed, Porch
  • Roof: Metal

Garage/Parking

  • Parking Features: Assigned, Uncovered

Utilities

  • Laundry Features: In Unit
  • Security: Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Golf, Pickleball, Sauna, Tennis Court(s), Water Access, Pool
  • Association Fee: 590.0
  • Association Name: KEYSTONE PROPERTY MGMT
  • Pets Allowed: Yes, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Reserve Fund, Roof, Trash

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 31392100005008100002.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 506.0
  • Tax Lot: 2
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2025
Sold by
Graefe William R and Graefe Sandra L
Bought by
William R Graefe And Sandra L Graefe Revocabl and Graefe
Current Estimated Value
$222,476

Purchase Details

Listed on
Aug 23, 2024
Closed on
Jul 31, 2025
Sold by
Sanchez Kim Louise Perez and Hislop Ronald
Bought by
Graefe William R and Graefe Sandra L
Seller's Agent
Luchian Bercea
Dale Sorensen Real Estate Inc.
Buyer's Agent
Carolyn Plante
Dale Sorensen Real Estate Inc.
List Price
$280,000
Sold Price
$220,000
Premium/Discount to List
-$60,000
-21.43%
Views
115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%

Purchase Details

Closed on
May 29, 2019
Sold by
Hislop Kenneth and Hislop Margaret
Bought by
Hislop Ronald Matthew and Hislop Kim Louise

Purchase Details

Listed on
Jan 28, 2013
Closed on
Mar 18, 2013
Sold by
Morton Jacquelyn P
Bought by
Brack Elizabeth A and Graham Janet M
Seller's Agent
Robin Raiff
The Keyes Company
Buyer's Agent
Becky Boncek
RE/MAX Crown Realty
List Price
$119,000
Sold Price
$115,000
Premium/Discount to List
-$4,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%

Purchase Details

Closed on
Nov 18, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Morton Jacquelyn P

Purchase Details

Closed on
Jun 23, 2011
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 14, 2011
Sold by
Freeland Jennifer G
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 19, 1997
Sold by
Ginrich Mary F
Bought by
Freeland Earl David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quit Claim Deed -- None Listed On Document
Warranty Deed $220,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $115,000 Oceanside Title & Escrow
Special Warranty Deed $62,000 New House Title
Special Warranty Deed -- New House Title
Trustee Deed $59,100 None Available
Warranty Deed $63,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2025 07/31/25 Sold $220,000 -2.2% $208 / Sq Ft
03/27/2025 03/27/25 Price Changed $225,000 -6.3% $212 / Sq Ft
02/18/2025 02/18/25 Price Changed $240,000 -9.4% $226 / Sq Ft
01/18/2025 01/18/25 Price Changed $265,000 -3.6% $250 / Sq Ft
11/14/2024 11/14/24 Price Changed $275,000 -1.8% $259 / Sq Ft
08/23/2024 08/23/24 For Sale $280,000 +100.0% $264 / Sq Ft
06/17/2016 06/17/16 Sold $140,000 -3.4% $132 / Sq Ft View Prior Sale
04/27/2016 04/27/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $145,000 +26.1% $137 / Sq Ft
03/18/2013 03/18/13 Sold $115,000 -3.4% $108 / Sq Ft View Prior Sale
02/16/2013 02/16/13 Pending -- -- --
01/29/2013 01/29/13 For Sale $119,000 -- $112 / 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
2025 $557 $60,685 -- --
2024 $506 $60,685 -- --
2023 $506 $57,257 $0 $0
2022 $497 $55,589 $0 $0
2021 $492 $53,970 $0 $0
2020 $486 $53,225 $0 $0
2019 $486 $52,028 $0 $0
2018 $483 $51,058 $0 $0
2017 $477 $50,008 $0 $0
2016 $691 $77,860 $0 $0
2015 $715 $77,320 $0 $0
2014 $691 $76,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 280788

APN: 31-39-21-00005-0081-00002.0