NOT LISTED FOR SALE

723 Lanai Cir Satellite Beach, FL 32937

Estimated Value: $550,225

3 Beds
2.5 Baths
2,342 Sq Ft
$235/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $370,000 $158 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,649/month

Highlights

  • In Ground Pool
  • Open Floorplan
  • Built-In Features
  • Ocean Breeze Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Walk-In Closet

About This Home

As of June 2023

Fabulous Executive Lease in the Much Sought after Gated Community of Island Walk. Just 3 Years New! This Townhome has Many Upgrades and is a Smart Home. (instructions available upon entry). Porcelain Flooring throughout as well as Upgraded Carpeting and Padding. Fabulous Appliances including a Samsung Fridge and Washer/Dryer that can be intergraded with a Smart TV. Beautiful Fixtures and Chandelliers with Remotes. Google Nest Camera for Front Door. Generous Floor Plan with the Master Suite on the First Floor overlooking a Private Deck. Upgraded Cabinets with Double Sinks in Master as well as Walk in Shower. 2 Spacious Bedrooms with full bath and Bonus Room Upstairs. Custom Closets and so much more. 10 minutes to Melbourne Airport. Just an hour to Orlando Airport and Attractions.

Last Agent to Rent the Property

JoAnne Infurna

One Sotheby's International Listed on: 03/28/2023

Last Renter's Agent

Jo Anne Infurna

One Sotheby's International License #351272

One Sotheby's International

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,249

Year Built

  • Built in 2020

Lot Details

  • 7,405 Sq Ft Lot
  • North Facing Home

Parking

  • 2 Car Garage

Home Design

  • Patio Home
  • Villa

Interior Spaces

  • 2,342 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fence Around Pool

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property Available on 5/31/23
  • The owner pays for grounds care
  • Rent includes water, trash collection
  • Assessor Parcel Number 27-37-14-03-00000.0-000g.17

Community Details

Overview

  • Island Walk Townhomes Phases Two Thru Eight Association
  • Island Walk Townhomes Condo Ph I Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • Dogs Allowed
  • Breed Restrictions

Security

  • Card or Code Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,249

Year Built

Built in 2020

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Water, Trash Collection
  • Owner Pays: Grounds Care
  • Available Date: 2023-05-31

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2020
  • Reso Property Sub Type: Townhouse
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoSecurityFeatures: Key Card Entry, Other
  • Subdivision Name: Island Walk Townhomes Condo Ph I
  • Architectural Style: Patio Home, Villa
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 27-37-14-03-00000.0-000g.17
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • General Property Information Living Area2: 2342.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Utilities Cable Available: Yes
  • Levels Two: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Security Features Key Card Entry: Yes
  • Architectural Style Patio Home: Yes
  • Architectural Style Villa: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Pets Allowed Dogs OK: Yes
  • Pool Features Fenced: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Downstairs, Walk-In Closet(s), Other
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: Fenced, In Ground
  • Acres: 0.17
  • Waterfront: No
  • Direction Faces: North

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Water Available, Other
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: ISLAND WALK TOWNHOMES PHASES TWO THRU EIGHT

Association/Amenities

  • General Property Information:Association Name: ISLAND WALK TOWNHOMES PHASES TWO THRU EIGHT
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 3013956
  • Parcel #: 27-37-14-03-00000.0-000g.17
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Jan 24, 2020
Sold by
Acadian Investments Llc
Bought by
Mohan Usha and Mohan Tim
Seller's Agent
JoAnne Infurna
Dale Sorensen Real Estate, Inc
Buyer's Agent
Tadd Hale
Denovo Realty
List Price
$374,900
Sold Price
$370,000
Premium/Discount to List
-$4,900
-1.31%
Total Days on Market
72
Current Estimated Value
$550,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,225
Avg. Annual Appreciation
7.85%
Original Mortgage
$200,000
Outstanding Balance
$178,643
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$381,909
Source: Public Records

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Rented $3,550 -5.3% --
06/08/2023 06/08/23 Under Contract -- -- --
05/04/2023 05/04/23 Price Changed $3,750 -3.8% $2 / Sq Ft
03/28/2023 03/28/23 For Rent $3,900 0.0% --
10/01/2022 10/01/22 Rented $3,900 0.0% --
09/15/2022 09/15/22 Under Contract -- -- --
08/25/2022 08/25/22 For Rent $3,900 0.0% --
08/05/2022 08/05/22 Rented $3,900 0.0% --
08/01/2022 08/01/22 Under Contract -- -- --
07/18/2022 07/18/22 Price Changed $3,900 -6.0% $2 / Sq Ft
07/01/2022 07/01/22 For Rent $4,150 0.0% --
01/24/2020 01/24/20 Sold $370,000 -1.3% $158 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $374,900 0.0% $160 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
04/12/2019 04/12/19 Price Changed $374,900 +2.7% $160 / Sq Ft
01/25/2019 01/25/19 For Sale $364,990 -- $156 / 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 $7,249 $406,430 $0 $406,430
2022 $4,939 $322,150 $0 $0
2021 $5,016 $312,770 $0 $312,770
2020 $988 $78,000 $0 $78,000
2019 $755 $60,000 $0 $60,000
2018 $738 $60,000 $0 $60,000
2017 $499 $25,000 $0 $25,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 960920

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-14-03-00000.0-000G.17