NOT LISTED FOR SALE

Estimated Value: $1,396,000 - $1,534,000

3 Beds
2 Baths
1,615 Sq Ft
$898/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $1,525,000 $944 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $8,681/month

11 Days on Market

Highlights

  • Ocean Front
  • Open Floorplan
  • Cottage
  • Gemini Elementary School Rated A-
  • No HOA
  • Breakfast Bar

About This Home

As of August 2024

Welcome to your dream oceanfront home! This beautifully updated residence boasts three spacious bedrooms and two luxurious full baths. The open-concept living area is bathed in natural light, offering breathtaking ocean views from every corner. The gourmet kitchen, equipped with top-of-the-line appliances and ocean vistas, is perfect for the culinary enthusiast in your family.

Step outside to the expansive patio, the perfect spot for morning coffee or evening cocktails while enjoying the sound of the waves and the stunning ocean panorama. The master suite offers a serene escape with its own private bath, designed with comfort and relaxation in mind.

Located just a short distance from parks, shopping centers, and a variety of restaurants, this home provides both tranquility and convenience. Whether you're looking to entertain or find a peaceful retreat, this property has it all. You truly need to see this home to appreciate all it has to offer.

Last Agent to Sell the Property

John Brower

Buyers & Sellers Advg. Realty License #377461 Listed on: 06/30/2024

Co-Listed By

Nancy Brower

Buyers & Sellers Advg. Realty License #3490091

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,455

Year Built

  • Built in 1951

Lot Details

  • 0.34 Acre Lot
  • Ocean Front
  • West Facing Home
  • Privacy Fence
  • Wood Fence

Parking

  • 1 Car Garage
  • Additional Parking

Property Views

  • Ocean
  • Beach

Home Design

  • Cottage
  • Block Exterior

Interior Spaces

  • 1,615 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Floridana Beach Subd Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 29-38-23-75-00001.0-0003.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,455

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Other
  • Reso View: Beach, Ocean
  • Water Body Name: Atlantic Ocean
  • Co List Office Mls Id: bucr0
  • Co List Office Phone: 321-453-4883
  • ResoSpecialListingConditions: Corporate Owned, Owner Licensed RE
  • Subdivision Name: Floridana Beach Subd
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 29-38-23-75-00001.0-0003.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 12455.0
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1615.0
  • General Property Information Lot Size Acres: 0.34
  • General Property Information Lot Size Square Feet2: 14810.0
  • 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 Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • ViewOcean: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Fencing Privacy: Yes
  • View Beach: Yes
  • Architectural Style Cottage: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Open Floorplan, Primary Bathroom - Shower No Tub
  • Flooring: Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: None
  • Fencing: Privacy, Wood
  • Acres: 0.34
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Patio And Porch Features:Patio: Yes
  • Waterfront Features:Ocean Front: Yes
  • Lot Features:Other21: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • 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 Size Sq Ft: 14810.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2955852
  • Parcel #: 29-38-23-75-00001.0-0003.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12455.0

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2024
Closed on
Aug 9, 2024
Sold by
Beta Invest Llc
Bought by
Subramanian Kathir
Seller's Agent
John Brower
Buyers & Sellers Advg. Realty
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$1,599,000
Sold Price
$1,525,000
Premium/Discount to List
-$74,000
-4.63%
Views
7
Current Estimated Value
$1,440,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$84,895
Avg. Annual Appreciation
-4.87%
Original Mortgage
$762,500
Outstanding Balance
$755,100
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$695,583

Purchase Details

Closed on
Feb 25, 2021
Sold by
Schmitt Markus D
Bought by
Beta Invest Llc

Purchase Details

Listed on
Mar 15, 2017
Closed on
Jul 27, 2017
Sold by
Mason Micahel F and Mason William M
Bought by
Schmitt Markus D
Seller's Agent
Fonda Fay Cote
Fonda Fay's Global Realty, Inc
Buyer's Agent
John Brower
Buyers & Sellers Advg. Realty
List Price
$650,000
Sold Price
$560,000
Premium/Discount to List
-$90,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$336,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 1, 2016
Bought by
Mason Family Trust
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 Buyer Sale Price Title Company
Subramanian Kathir $1,525,000 Countywide Title
Beta Invest Llc -- None Available
Schmitt Markus D $560,000 State Title Partners Llp
Mason Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Subramanian Kathir $762,500
Previous Owner Schmitt Markus D $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $1,525,000 -4.6% $944 / Sq Ft
06/30/2024 06/30/24 For Sale $1,599,000 +185.5% $990 / Sq Ft
12/23/2023 12/23/23 Off Market $560,000 -- --
07/27/2017 07/27/17 Sold $560,000 -6.7% $700 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
04/13/2017 04/13/17 Price Changed $600,000 -7.7% $750 / Sq Ft
03/15/2017 03/15/17 For Sale $650,000 -- $813 / 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 $12,455 $982,160 $825,000 $157,160
2022 $13,147 $1,082,700 $0 $0
2021 $7,622 $557,380 $450,000 $107,380
2020 $7,472 $534,080 $450,000 $84,080
2019 $7,090 $493,070 $450,000 $43,070
2018 $7,349 $497,840 $450,000 $47,840
2017 $7,449 $483,740 $450,000 $33,740
2016 $7,769 $482,140 $450,000 $32,140
2015 $7,868 $457,660 $450,000 $7,660
2014 $7,488 $450,000 $450,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1017582

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-23-75-00001.0-0003.00