NOT LISTED FOR SALE

775 Malibu Ln Indialantic, FL 32903

Paradise Beach Neighborhood

Estimated Value: $1,685,000 - $2,179,000

4 Beds
2.5 Baths
2,517 Sq Ft
$734/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $1,800,000 $715 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $11,183/month

74 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Open Floorplan
  • Indialantic Elementary School Rated A-
  • River View
  • Deck

About This Home

As of May 2023

Astonishing and fully remodeled Direct Riverfront residence on 0.43 acres in one of Brevard greatest location. This one story concrete block 4 bedroom, 3 bath, 2 car garage 2,517 sq. feet under air & 3,473 total sq. feet home was fully remodeled. Luxurious kitchen and bathroom cabinet precious & all custom built. Huge family and living room, dining room with built in cabinets & wood burning fireplace overlooking peaceful & wide Indian River with 125 feet of waterfrontage. Huge master suite overlooking amazing river. Some doors/windows doors/windows hurricane impact & tinted. Large private backyard ready for an oversized pool, Newer terracotta roof from 2019, 2018 5 ton AC, new seawall and dock built in 2017. Brand new pavers completed March 2023 on driveway and sidewalks.

Last Agent to Sell the Property

Eva McMillan

Dale Sorensen Real Estate Inc. License #3199073 Listed on: 03/04/2023

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Eva McMillan

Dale Sorensen Real Estate Inc. License #3199073 Listed on: 03/04/2023

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,434

Year Built

  • Built in 1970

Lot Details

  • 0.43 Acre Lot
  • Home fronts a seawall
  • River Front
  • Cul-De-Sac
  • East Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,517 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Dining Room
  • River Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 27-37-24-Ja-00000.0-0009.00

Community Details

Overview

  • No Home Owners Association
  • Rio Lindo 2Nd Addition Association
  • Rio Lindo 2Nd Sec Subdivision
  • The community has rules related to allowing corporate owners

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,434

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac
  • Reso View: River, Water
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Corporate Owned
  • Subdivision Name: Rio Lindo 2nd Sec
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-24-Ja-00000.0-0009.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 12433.5
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 2517.0
  • General Property Information Building Area Total3: 3093.0
  • General Property Information Lot Size Acres: 0.43
  • General Property Information Lot Size Square Feet2: 18731.0
  • 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
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Well: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Family Room: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook, Ceiling Fan(s), His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Terrazzo, Tile
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Open Floorplan: 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
  • Interior Features:His and Hers Closets: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: None
  • Roof: Tile
  • Acres: 0.43
  • Waterfront Features: River Front, Seawall, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Deck, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Waterfront Features:Seawall: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: RIO LINDO 2ND ADDITION
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: RIO LINDO 2ND ADDITION
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 18731.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2725514
  • Parcel #: 27-37-24-Ja-00000.0-0009.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12433.5

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2023
Closed on
May 31, 2023
Sold by
Robinson Lisa M T and Robinson John M
Bought by
Carson Dan
Seller's Agent
Eva McMillan
Dale Sorensen Real Estate Inc.
Buyer's Agent
Eva McMillan
Dale Sorensen Real Estate Inc.
List Price
$2,200,000
Sold Price
$1,800,000
Premium/Discount to List
-$400,000
-18.18%
Views
133
Current Estimated Value
$1,848,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,477
Avg. Annual Appreciation
1.19%

Purchase Details

Closed on
Aug 5, 2019
Sold by
Robinson Lisa Mt
Bought by
Robinson Lisa Mt and Robinson John M

Purchase Details

Closed on
Dec 22, 2017
Sold by
Theodorson Egon R H and Robinson Lisa M T
Bought by
Robinson Lisa M T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2007
Sold by
Teodorson Egon R H and Egon R H Teodorson Trust
Bought by
Teodorson Mary N and Teodorson Egon R H

Purchase Details

Closed on
Jun 21, 1993
Sold by
Tedorson Egon R H and Teodorson Mary N
Bought by
Teodorson Egon R H and Teodorson Mary N
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
Carson Dan $1,800,000 Us Patriot Title
Robinson Lisa Mt -- None Available
Robinson Lisa M T -- Attorney
Teodorson Mary N -- Attorney
Teodorson Egon R H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Lisa M T $250,000
Previous Owner Roinson Joined Lisa M T $120,000
Previous Owner Teodorson Egon R $1
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $1,800,000 -10.0% $715 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
04/04/2023 04/04/23 Price Changed $2,000,000 -9.1% $795 / Sq Ft
03/04/2023 03/04/23 For Sale $2,200,000 -- $874 / 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
2024 $13,326 $1,612,870 -- --
2023 $13,326 $1,061,030 $0 $0
2022 $12,434 $1,030,130 $0 $0
2021 $13,156 $1,000,130 $687,500 $312,630
2020 $13,707 $1,022,850 $0 $0
2019 $13,763 $999,860 $687,500 $312,360
2018 $14,031 $992,020 $687,500 $304,520
2017 $7,009 $477,910 $0 $0
2016 $7,172 $625,000 $625,000 $0
2015 $7,416 $525,000 $525,000 $0
2014 $7,485 $475,000 $475,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Eva McMillan

    Seller's Agent in 2023

    Eva McMillan

    Dale Sorensen Real Estate Inc.

    (772) 584-0412

    3 in this area

    73 Total Sales

    Eva McMillan
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Map

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

MLS Number: 958835

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-24-JA-00000.0-0009.00

Florida Brevard County Indialantic 32903 Paradise Beach

775 Malibu Ln, Indialantic, FL

This home is located at 775 Malibu Ln, Indialantic, FL 32903 since 04 March 2023 and is currently estimated at $1,848,477, approximately $734 per square foot. This property was built in 1970. 775 Malibu Ln is a home located in Brevard County with nearby schools including Indialantic Elementary School, Herbert C. Hoover Middle School, and Melbourne Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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