NOT LISTED FOR SALE

5905 Hatteras Palm Way Tampa, FL 33615

Estimated Value: $608,000 - $752,000

3 Beds
2 Baths
1,676 Sq Ft
$422/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $450,000 $268 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,482/month

8 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Marina
  • Marina View
  • Alonso High School Rated A
  • Boat Ramp
  • 5-minute walk to Cape Hatteras Park

About This Home

As of June 2019

WATERFRONT POOL HOME with BAY & GULF ACCESS in the GATED community of Palm Bay! You can't help but love this COMPLETELY RENOVATED home! Located on the MARINA, with it's own DOCK expanding across entire back of home, BOAT SLIP W/LIFT, & 2nd OPEN SLIP with DAVITS or room for another boat! TRULY A BOATER'S DREAM! The minute you enter the home, you will feel that coastal vibe & see what a great OPEN FLOOR PLAN it has, with HIGH VAULTED CEILINGS & SLIDING DOORS across the entire area, bringing the outdoors in. Great WATER VIEWS of the marina from nearly every room! The great room/living room is really SPACIOUS & leads outside to the COVERED LANAI. The kitchen has beautiful SOLID WOOD CABINETRY, SS APPLIANCES, SUBWAY TILE BACKSPLASH & GRANITE countertops, w/ a breakfast bar & has ample dining space as well. Wake up in YOUR master bedroom to views of the water, what a way to start the day! The master bath is also beautifully renovated w/ QUARTZ COUNTERTOPS, NEW WOOD LOOK TILE FLOORS, & WHIRLPOOL GARDEN TUB. LARGE walk in closet accessible from bath & bedroom! 2 more bedrooms round out the home along w/ a large guest bath, also completely renovated! Step outside to the SCREENED IN POOL area w/ it's own BUILT IN OUTDOOR KITCHEN w/ QUARTZ COUNTERTOPS, GRILL, FRIDGE, WINE RACK & lounge area to relax with friends, or just enjoy the view! NEWER A/C WITH INFARED PURIFIER SYSTEM; GREAT LOCATION, ONLY 15 MINS TO AIRPORT, CLOSE TO BEACHES & DOWNTOWN/S TAMPA, SHOPPING, RESTAURANTS & GREAT SCHOOLS! Come & see for yourself!

Last Agent to Sell the Property

Janice Rodriguez

LPT REALTY, LLC License #3027899 Listed on: 05/11/2019

LPT REALTY, LLC

Last Buyer's Agent

Harvey Petty

KELLER WILLIAMS TAMPA CENTRAL License #3223662

KELLER WILLIAMS TAMPA CENTRAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,385

Year Built

  • Built in 1996

Lot Details

  • 5,150 Sq Ft Lot
  • 50 Feet of Waterfront
  • East Facing Home
  • Mature Landscaping
  • Metered Sprinkler System
  • Landscaped with Trees
  • Property is zoned PD

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Open Parking

Home Design

  • Ranch Style House
  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,676 Sq Ft Home
  • Open Floorplan
  • Bar Fridge
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Rods
  • Sliding Doors
  • Great Room
  • Inside Utility
  • Marina Views
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Access To Marina
  • Fishing Pier
  • Access to a freshwater canal featuring a boatlift for transitioning to a saltwater canal
  • Dock has access to water
  • Boat Lift
  • Boat Slip Deeded
  • Dock made with wood
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting

Schools

  • Bay Crest Elementary School
  • Davidsen Middle School
  • Alonso High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Flood Insurance May Be Required

Listing and Financial Details

Community Details

Overview

  • Association fees include private road, recreational facilities
  • Parklane Management Services Association, Phone Number (727) 232-1173
  • Visit Association Website
  • Palm Bay Ph 02 Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fishing
  • Park

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,385

Year Built

Built in 1996

Lot Details

0

HOA Fees

$14 per month

Parking

2

Listing Details

  • HOA Fee Includes: Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1676
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 2270
  • Lot Size Sq Ft: 5150
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3174178&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3174178&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.97847
  • Price per Sq Ft: 268.5
  • Close to Original List Price Ratio: 0.97847
  • Ratio: Current Price\Building Area Total: 198.24
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds, Rods
  • Room Count: 7
  • Additional Rooms: Attic, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Outdoor Kitchen
  • Pool Features: Gunite, In Ground, Lighting, Salt Water, Screen Enclosure
  • Exterior Features: Irrigation System, Lighting, Outdoor Kitchen, Sliding Doors, Sprinkler Metered
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Rear Porch, Screened
  • Water View: Marina
  • Water Access: Bay/Harbor, Canal - Saltwater, Freshwater Canal w/Lift to Saltwater Canal, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway, Marina
  • Water Extras: Dock - Slip Deeded On-Site, Dock - Wood, Dock w/Electric, Dock w/Water Supply, Fishing Pier, Lift
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12057C0188H
  • Waterfront Frontage: 50
  • Water Frontage Feet Marina: 50
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, On Street, Parking Pad
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Gated Community, Park, Playground, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Basketball Court, Boat Dock, Gated, Marina, Park, Playground, Private Boat Ramp, Security, Tennis Court(s)
  • Association Fee: 170
  • Association Fee Frequency: Annually
  • Association Name: Parklane Management Services
  • Phone: (727) 232-1173
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Website: www.palmbayhoa.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 170
  • Monthly HOA Fee: 14.17
  • Total Monthly Fees: 14.17

Schools

  • Elementary School: Bay Crest-HB
  • High School: Alonso-HB
  • Middle Or Junior School: Davidsen-HB

Lot Info

  • Zoning: PD
  • Parcel Number: U-33-28-17-0BM-000000-00055.0
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, In County, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2008-08-28
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Approval Process: Buyer to confirm with management company-Parklane Management Services: (727) 232-1173
  • Pet Restrictions: Buyer to confirm with management company-Parklane Management Services: (727) 232-1173
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Buyer to confirm all leasing restrictions with management company-Parklane Management Services: (727) 232-1173

Tax Info

  • Tax Annual Amount: 8385
  • Tax Block: 0000
  • Tax Book Number: 74-8
  • Tax Lot: 55
  • Tax Other Annual Assessment Amount: 1807

Multi Family

  • Waterfront Features: Marina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2019
Closed on
Jun 17, 2019
Sold by
Berardi Mark L and Berardi Cynthia S
Bought by
Timberlake Joseph F
Seller's Agent
Janice Rodriguez
LPT REALTY, LLC
Buyer's Agent
Harvey Petty
KELLER WILLIAMS TAMPA CENTRAL
List Price
$459,900
Sold Price
$450,000
Premium/Discount to List
-$9,900
-2.15%
Current Estimated Value
$707,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,679
Avg. Annual Appreciation
7.37%
Original Mortgage
$427,500
Outstanding Balance
$375,877
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$331,802

Purchase Details

Closed on
Jun 19, 2017
Sold by
Trainor Joseph J and Trainor Paula J
Bought by
Berardi Mark L and Berardi Cynthia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,100
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2017
Sold by
Raymondo Michael
Bought by
Trainor Joseph J and Trainor Paula J

Purchase Details

Closed on
Mar 9, 1998
Sold by
Wright Robert P and Wright M
Bought by
Myrick Terry E and Myrick Cathy D

Purchase Details

Closed on
May 1, 1996
Sold by
Next Palm Bay Ltd
Bought by
Wright Robert P and Wright Susan M
Source: Public Records

Range of Values:

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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
Timberlake Joseph F $450,000 Fidelity Natl Ttl Of Fl Inc
Berardi Mark L $409,000 Omega Title Llc
Trainor Joseph J $279,900 Omega Title Llc
Myrick Terry E $200,000 --
Wright Robert P $182,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timberlake Joseph F $427,500
Previous Owner Berardi Mark L $368,100
Previous Owner Wright Robert P $142,000
Closed Wright Robert P $0
Closed Wright Robert P $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2019 06/17/19 Sold $450,000 -2.2% $268 / Sq Ft
05/19/2019 05/19/19 Pending -- -- --
05/11/2019 05/11/19 For Sale $459,900 -- $274 / Sq Ft
Source: Stellar MLS

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 $9,076 $407,664 -- --
2023 $8,837 $395,790 $0 $0
2022 $8,589 $384,262 $0 $0
2021 $8,526 $373,070 $0 $0
2020 $8,055 $367,919 $110,400 $257,519
2019 $8,448 $389,074 $0 $0
2018 $8,386 $381,819 $0 $0
2017 $5,029 $280,502 $0 $0
2016 $4,997 $194,791 $0 $0
2015 $5,189 $193,437 $0 $0
2014 $5,197 $191,902 $0 $0
2013 -- $189,066 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3174178

Stellar MLS

APN: U-33-28-17-0BM-000000-00055.0