NOT LISTED FOR SALE

Estimated Value: $1,222,000 - $2,734,966

-- Bed
-- Bath
-- Sq Ft
0.51 Acres

Last Sold July 10, 2019

Last sale price $587,500

Est. 266% increase in value since last sale

Current estimated payment $12,810/month

285 Days on Market

Highlights

  • Ocean Front
  • Gemini Elementary School Rated A-
  • No HOA

About This Home

As of July 2019

Extraordinary oceanfront home site on a pristine stretch of Melbourne Beach. Build your custom oceanfront home on this 80' X 240 +-' deep lot with city water available. Enjoy the beach lifestyle everyday in a new home built to latest codes and construction. With the ability to build up to 35 feet high you will have front row seats to spectacular sunrises and sunsets on a daily basis. 10 ft side setbacks will allow unmatched ocean views from your gourmet kitchen, living, and dining areas. Conveniently located between Vero Beach and Melbourne Beaches for shopping and dining. 1.5 hours to Orlando International Airport and 3 hours drive to Miami. Choose your own builder or use one of our reputable local luxury oceanfront builders.

Last Agent to Sell the Property

William A Taylor

William Taylor Real Estate,Inc License #3022166 Listed on: 07/20/2018

Last Buyer's Agent

Laura Dowling-Roy

Premier Properties Real Estate License #662285

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,039

Lot Details

  • 0.51 Acre Lot
  • Ocean Front

Schools

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

Utilities

  • Propane
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 29-38-25-00-00523.0-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,039

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 29-38-25-00-00523.0-0000.00
  • 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: 7039.44
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Lot Size Acres: 0.51
  • General Property Information Lot Size Square Feet2: 22216.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Electricity Connected: Yes
  • Water Source Well: Yes
  • Utilities Water Available: Yes
  • Utilities Propane3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Exterior Features

  • Acres: 0.51
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Waterfront Features:Ocean Front: Yes

Utilities

  • Utilities: Electricity Connected, Water Available, Propane
  • Water Source: Well
  • 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, Single Family
  • Lot Size Sq Ft: 22216.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-38-25-00-00523.0-0000.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7039.44

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Jul 5, 2019
Sold by
Digiorgio Tony and Digiorgio Floralba
Bought by
Gatenuolm Paul and Gatenholm Marie
Seller's Agent
William A Taylor
William Taylor Real Estate,Inc
Buyer's Agent
Laura Dowling-Roy
Premier Properties Real Estate
List Price
$715,000
Sold Price
$587,500
Premium/Discount to List
-$127,500
-17.83%
Current Estimated Value
$2,147,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,559,822
Avg. Annual Appreciation
22.84%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gatenuolm Paul $587,500 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2019 07/10/19 Sold $587,500 -15.5% --
05/02/2019 05/02/19 Pending -- -- --
01/16/2019 01/16/19 Price Changed $695,000 -2.8% --
07/20/2018 07/20/18 For Sale $715,000 -- --
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 $18,163 $1,544,390 -- --
2024 $17,976 $1,500,870 -- --
2023 $17,976 $1,457,160 $880,000 $577,160
2022 $16,984 $1,497,020 $0 $0
2021 $6,422 $480,000 $480,000 $0
2020 $6,333 $480,000 $480,000 $0
2019 $6,543 $480,000 $480,000 $0
2018 $6,735 $480,000 $480,000 $0
2017 $7,039 $120,000 $0 $0
2016 $7,387 $480,000 $480,000 $0
2015 $7,558 $480,000 $480,000 $0
2014 $7,321 $480,000 $480,000 $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: 819637

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-25-00-00523.0-0000.00