NOT LISTED FOR SALE

7318 Preserve Pointe Dr Merritt Island, FL 32953

Estimated Value: $646,000 - $953,000

5 Beds
4 Baths
3,372 Sq Ft
$250/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $925,000 $274 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $5,015/month

7 Days on Market

Highlights

  • Lake Front
  • Above Ground Spa
  • 1 Acre Lot
  • Lewis Carroll Elementary School Rated A-
  • Gated Community
  • Open Floorplan

About This Home

As of July 2024

Welcome to this exquisite lakefront residence nestled within a prestigious gated community in North Merritt Island. This remarkable property spans an impressive one acre, offering both luxury and tranquility. This home offers 4 bedrooms plus 5th bedroom that could be office, 4 bathrooms, along with a Flex Room that is perfect as a den, library, or exercise room, complete with a built-in coffee bar or open bar. Designed for modern living, features include an open floor plan that seamlessly integrates the living, dining, and kitchen areas, perfect for entertaining and family gatherings.
The gourmet kitchen is a chef's paradise, equipped with a Sub-Zero refrigerator and freezer, top-of-the-line appliances, and ample cabinets & counter space, pantry plus huge kitchen Island A luxurious guest suite with a private bathroom and coffee bar ensures visitors enjoy comfort and privacy. Lets don't forget the Spacious 4-car garage providing ample storage and parking space. Room for Boat parking The master bedroom features a spacious walk-in closet and an en-suite bathroom, creating a serene retreat.
Fenced back yard is ideal for children and pets.
Relax and unwind with lakefront and preserve views, adding to the property's serene ambiance. Stay prepared for any situation with a whole house generator, ensuring uninterrupted power supply. Ideally located near the Space Center, offering easy access to I-95, major attractions and amenities.

Last Agent to Sell the Property

Patricia Padrick

LPT Realty, LLC License #566312 Listed on: 06/15/2024

LPT Realty, LLC

Last Buyer's Agent

Brittany Adamson

Denovo Realty License #3380544

Denovo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,928

Year Built

  • Built in 2018

Lot Details

  • 1 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Street terminates at a dead end
  • East Facing Home
  • Back Yard Fenced
  • Front and Back Yard Sprinklers
  • Cleared Lot

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Tile Roof
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 3,372 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Den
  • Screened Porch
  • Tile Flooring
  • Canal Views
  • Washer and Gas Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Separate Shower in Primary Bathroom

Home Security

  • Security System Owned
  • Security Gate
  • Smart Thermostat
  • Hurricane or Storm Shutters

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Kitchen
  • Kitchen Appliances
  • Central Living Area
  • Accessible Hallway
  • Accessible Electrical and Environmental Controls

Pool

  • Above Ground Spa

Schools

  • Carroll Elementary School
  • Jefferson Middle School
  • Merritt Island High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Whole House Permanent Generator
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23-36-15-01-0000e.0-0017.00

Community Details

Overview

  • Preserve Point Homeowner Association
  • Preserve Pointe Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,928

Year Built

Built in 2018

Lot Details

0

HOA Fees

$80 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Cleared, Dead End Street, Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Reso View: Canal
  • ResoSecurityFeatures: Security Gate, Security System Owned
  • Reso Association Amenities: Gated, Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Preserve Pointe
  • Reso Accessibility Features: Accessible Bedroom, Accessible Common Area, Accessible Electrical and Environmental Controls, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Central Living Area, Common Area
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Financial Info Electric: Underground, Whole House Generator
  • Location Tax and Legal Parcel Number2: 23-36-15-01-0000e.0-0017.00
  • Location Tax and Legal Elementary School: Carroll
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 5928.23
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 3372.0
  • General Property Information Building Area Total3: 4831.0
  • General Property Information Lot Size Acres: 1.0
  • General Property Information Lot Size Square Feet2: 43560.0
  • 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: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Well: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Great Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Security Features Security System Owned: Yes
  • Electric Whole House Generator: Yes
  • Interior Features Guest Suite: Yes
  • Fencing Wrought Iron: Yes
  • Spa Features Above Ground2: Yes
  • ViewCanal: Yes
  • Utilities Electricity Available: Yes
  • Room Types Den: Yes
  • Electric Underground: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • Smart Home Features Programmable Thermostat: Yes
  • Room Types Primary Bedroom Level: Main
  • General Property Information Stories2: 1
  • Road Frontage Type Private Road: Yes
  • Fencing Back Yard: Yes
  • Room Types Bedroom 5 Level: Main
  • Spa Features Private2: Yes
  • Marketing Remarks:Marketing Remarks: Welcome to this exquisite lakefront residence nestled within a prestigious gated community Merritt Island. This remarkable property spans an impressive one acre, offering both luxury and tranquility. This home offers 4 bedrooms plus 5th bedroom that could be office, 4 bathrooms along with a Flex Room that is perfect as a den, library, or exercise room, complete with a built-in coffee bar or open bar. Designed for modern living, features include an open floor plan that seamlessly integrates the living, dining, and kitchen areas, perfect for entertaining and family gatherings. The gourmet kitchen is a chef's paradise, equipped with a Sub-Zero refrigerator and freezer, top-of-the-line appliances, and ample cabinets & counter space, pantry plus huge kitchen Island A guest suite with a private bathroom and coffee bar ensures visitors enjoy comfort and privacy. Stay prepared for any situation with a whole house generator and plenty of room for storage or parking in the 4 car garage.
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Entrance Foyer, Guest Suite, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Spa Features: Above Ground, Private
  • Appliances: Dishwasher, Double Oven, Electric Cooktop, Electric Oven, Freezer, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Stories: 1
  • ResoLivingAreaSource: Builder
  • Appliances Dishwasher: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Appliances:Freezer: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: None
  • Roof: Tile
  • Fencing: Back Yard, Fenced, Wrought Iron
  • Acres: 1.0
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered, Porch, Rear Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Waterfront Features:Lake Front: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • Accessibility Features:Accessible Hallway(s): Yes
  • Lot Features:Cleared: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Accessibility Features:Accessible Common Area: Yes
  • Accessibility Features:Common Area: Yes
  • Accessibility Features:Accessible Bedroom: Yes
  • Accessibility Features:Accessible Kitchen: Yes
  • Accessibility Features:Accessible Kitchen Appliances: Yes
  • Accessibility Features:Central Living Area: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Additional Parking, Attached, Garage, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 4.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 240.0
  • Association Fee Frequency: Quarterly
  • Association Name: Preserve Point Homeowner Association
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Preserve Point Homeowner Association
  • General Property Information:Association Fee: 240.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Amenities:Gated2: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 23-36-15-01-0000e.0-0017.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5928.23

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Jul 25, 2024
Sold by
Kelley Daniel Edward and Kelley Amanda Kay
Bought by
Brown Ian James
Seller's Agent
Patricia Padrick
LPT Realty, LLC
Buyer's Agent
Brittany Adamson
Denovo Realty
List Price
$997,850
Sold Price
$925,000
Premium/Discount to List
-$72,850
-7.3%
Views
15
Current Estimated Value
$844,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,573
Avg. Annual Appreciation
-6.22%
Original Mortgage
$925,000
Outstanding Balance
$913,867
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
-$69,440

Purchase Details

Listed on
Mar 25, 2019
Closed on
May 31, 2019
Sold by
Damar Homes Inc
Bought by
Kelley Amanda Kay and Kelley Daniel Edward
Seller's Agent
Jerri Villanueva-Hafizi
Brevard Home Mart
Buyer's Agent
Jerri Villanueva-Hafizi
Brevard Home Mart
List Price
$539,950
Sold Price
$539,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%
Original Mortgage
$512,952
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brown Ian James $925,000 Island Title & Escrow
Kelley Amanda Kay $540,000 Liberty Title Company
Damar Homes Inc -- Liberty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Ian James $925,000
Previous Owner Kelley Amanda Kay $512,952
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2024 07/25/24 Sold $925,000 -7.3% $274 / Sq Ft
06/23/2024 06/23/24 Pending -- -- --
06/15/2024 06/15/24 For Sale $997,850 +84.8% $296 / Sq Ft
05/31/2019 05/31/19 Sold $539,950 0.0% $160 / Sq Ft View Prior Sale
03/29/2019 03/29/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $539,950 -- $160 / 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
2025 $5,968 $679,420 -- --
2024 $5,928 $470,160 -- --
2023 $5,928 $456,470 $0 $0
2022 $5,551 $443,180 $0 $0
2021 $5,845 $430,280 $0 $0
2020 $5,798 $424,340 $0 $0
2019 $6,226 $440,490 $97,000 $343,490
2018 $802 $80,000 $80,000 $0
2017 $678 $15,000 $0 $0
2016 $478 $30,000 $30,000 $0
2015 $497 $30,000 $30,000 $0
2014 $506 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Patricia Padrick

    Seller's Agent in 2024

    Patricia Padrick

    LPT Realty, LLC

    (321) 431-0004

    1 in this area

    39 Total Sales

    Patricia Padrick
    Section Image
  • Brittany Adamson

    Buyer's Agent in 2024

    Brittany Adamson

    Denovo Realty

    (321) 537-4676

    3 in this area

    49 Total Sales

    Brittany Adamson
    Section Image
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Map

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

MLS Number: 1017005

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-15-01-0000E.0-0017.00

Florida Brevard County Merritt Island 32953

7318 Preserve Pointe Dr, Merritt Island, FL

Not Listed for Sale

Detached

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