NOT LISTED FOR SALE

787 Malibu Ln Indialantic, FL 32903

Paradise Beach Neighborhood

Estimated Value: $1,556,000 - $2,361,000

5 Beds
3 Baths
3,472 Sq Ft
$531/Sq Ft Est. Value

Last Sold March 24, 2016

Last sale price $772,500 $222 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $11,000/month

475 Days on Market

Highlights

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

About This Home

As of March 2016

PRICE REDUCED! Spacious 5 bed, 3 bath open-floorplan waterfront home with amazing views of the Indian River Lagoon. Dazzling sunsets. Private dock and deck overlooking the most gorgeous part of the river. New roof, newer kitchen, wood-burning fireplace. Come live where the dolphins play.

Last Agent to Sell the Property

Glenn Krasny

BHHS Florida Realty License #3017344 Listed on: 10/23/2014

BHHS Florida Realty

Last Buyer's Agent

Lisa Goddard

Keller Williams Realty Brevard License #3269699

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,672

Year Built

  • Built in 1972

Lot Details

  • 0.43 Acre Lot
  • Home fronts a seawall
  • River Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • East Facing Home
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Intracoastal
  • River

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 3,472 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Washer and Gas Dryer Hookup

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-37-24-Ja-00000.0-0010.00

Community Details

Overview

  • No Home Owners Association
  • Rio Lindo 2Nd Sec Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,672

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Sink, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac, Dead End Street, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: River, Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Rio Lindo 2nd Sec
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 27-37-24-Ja-00000.0-0010.00
  • 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: 12672.0
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 3472.0
  • General Property Information Building Area Total3: 3754.0
  • General Property Information Lot Size Acres: 0.43
  • General Property Information Lot Size Square Feet2: 18750.0
  • 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 Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • General Property Information Lot Size Dimensions: 100.0 ft x 150.0 ft
  • Flooring Vinyl: Yes
  • Room Types Bonus Room: Yes
  • View Intracoastal: Yes
  • Cooling WallWindow Unit(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook, Built-in Features, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Other
  • Total Bedrooms: 13
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Built-in Features: 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
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.43
  • Waterfront Features: River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: 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, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 100.0 ft x 150.0 ft
  • Lot Size Sq Ft: 18750.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2725515
  • Parcel #: 27-37-24-Ja-00000.0-0010.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 12672.0

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2016
Sold by
Myron S Krasny
Bought by
Kendrick Bob and Ottenschot Kim
Current Estimated Value
$1,845,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$408,181
Interest Rate
3.66%
Estimated Equity
$1,437,042

Purchase Details

Listed on
Oct 23, 2014
Closed on
Mar 1, 2016
Bought by
Kendrick Bob
Seller's Agent
Glenn Krasny
BHHS Florida Realty
Buyer's Agent
Lisa Goddard
Keller Williams Realty Brevard
List Price
$990,000
Sold Price
$772,500
Premium/Discount to List
-$217,500
-21.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
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
Kendrick Bob -- --
Kendrick Bob $772,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kendrick Bob L $200,000
Open Krasny Myron S $510,000
Closed Krasny Myron S --
Closed Kendrick Bob L $510,000
Previous Owner Krasny Mike S $471,000
Previous Owner Krasny Scott $65,000
Previous Owner Krasny Myron S $500,000
Previous Owner Krasny Myron S $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2016 03/24/16 Sold $772,500 -2.8% $222 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
02/01/2016 02/01/16 Price Changed $795,000 -3.6% $229 / Sq Ft
11/18/2015 11/18/15 Price Changed $825,000 -4.6% $238 / Sq Ft
09/18/2015 09/18/15 Price Changed $865,000 -2.8% $249 / Sq Ft
07/06/2015 07/06/15 Price Changed $890,000 -1.1% $256 / Sq Ft
04/20/2015 04/20/15 Price Changed $900,000 -9.1% $259 / Sq Ft
10/23/2014 10/23/14 For Sale $990,000 -- $285 / 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 $11,351 $921,650 -- --
2023 $11,351 $894,810 $0 $0
2022 $10,594 $868,750 $0 $0
2021 $11,190 $843,450 $0 $0
2020 $11,213 $831,810 $0 $0
2019 $10,506 $759,520 $0 $0
2018 $10,587 $745,360 $0 $0
2017 $11,915 $767,170 $593,750 $173,420
2016 $13,397 $826,900 $593,750 $233,150
2015 $13,221 $780,180 $498,750 $281,430
2014 $8,365 $511,130 $451,250 $59,880
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Glenn Krasny

    BHHS Florida Realty

    Section Image

  • L

    Buyer's Agent in 2016

    Lisa Goddard

    Keller Williams Realty Brevard

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Map

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

MLS Number: 709470

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-24-JA-00000.0-0010.00

Florida Brevard County Indialantic 32903 Paradise Beach

787 Malibu Ln, Indialantic, FL

This home is located at 787 Malibu Ln, Indialantic, FL 32903 since 23 October 2014 and is currently estimated at $1,845,223, approximately $531 per square foot. This property was built in 1972. 787 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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