NOT LISTED FOR SALE

Estimated Value: $5,164,000 - $5,643,018

7 Beds
6.5 Baths
7,758 Sq Ft
$706/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $5,300,000 $683 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $32,995/month

97 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • 1.08 Acre Lot
  • Gemini Elementary School Rated A-
  • RV Access or Parking
  • 3-minute walk to Bonsteel Park

About This Home

As of August 2022

Coastal, modern elegance ! One of the largest Oceanfront single family residences you'll find along Central Florida's booming Space Coast rests perfectly next to a nature preserve to the South and a pristine, white sand beach, just minutes from world famous Sebastian Inlet. This well built, custom, one owner home features over 7,700 living sq ft, and a park like backyard featuring an ocean side pool, seaside gazebo and outdoor areas galore! Completely remodeled between 2010 - 2012, this 7 bedroom, 6 1/2 bath home, with loads of private balconies throughout, affords ample opportunities for making seaside memories with all your family and friends. Main (2nd) level features a modern, open kitchen, dining area, bar and multiple sitting areas to enjoy the ever changing Ocean views.

Last Agent to Sell the Property

Dave Settgast

One Sotheby's International License #3165226 Listed on: 03/08/2022

One Sotheby's International

Last Buyer's Agent

Laura Dowling-Roy

Premier Properties Real Estate License #662285

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,989

Year Built

  • Built in 1995

Lot Details

  • 1.08 Acre Lot
  • Ocean Front
  • West Facing Home
  • Wood Fence
  • Front and Back Yard Sprinklers

Parking

  • 4 Car Attached Garage
  • RV Access or Parking

Property Views

  • Ocean
  • River
  • Views of Preserve
  • Pool

Home Design

  • Stilt Home
  • Frame Construction
  • Tile Roof
  • Concrete Roof
  • Wood Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 7,758 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Great Room
  • Family Room
  • Bonus Room
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Gazebo
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30-39-06-00-00272.0-0000.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,989

Year Built

Built in 1995

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear, Other
  • Road Surface Type: Asphalt
  • Reso View: Ocean, Pool, River, Water, Protected Preserve
  • ResoSecurityFeatures: Security System Owned
  • Reso Association Amenities: Jogging Path, Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Architectural Style: Stilt
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Reso Other Structures: Gazebo
  • Location Tax and Legal Parcel Number2: 30-39-06-00-00272.0-0000.00
  • 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: 15989.4
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 7758.0
  • General Property Information Building Area Total3: 12023.0
  • General Property Information Lot Size Acres: 1.08
  • General Property Information Lot Size Square Feet2: 47045.0
  • 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: West
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Utilities Cable Available: Yes
  • View Pool: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Room Types Great Room: Yes
  • Security Features Security System Owned: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Levels Three Or More: Yes
  • Roof Concrete2: Yes
  • ViewOcean: Yes
  • Interior Features Guest Suite: Yes
  • Utilities Propane3: Yes
  • View Protected Preserve: Yes
  • Room Types Bonus Room: Yes
  • Other Structures Gazebo: Yes
  • Architectural Style Stilt: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Guest Suite, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Laminate, Tile, Wood
  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Other
  • Total Bedrooms: 11
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Exterior Features: Balcony, Outdoor Shower
  • Pool Features: In Ground, Private
  • Roof: Concrete, Tile
  • Fencing: Fenced, Wood
  • Acres: 1.08
  • Waterfront Features: Ocean Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding, Other
  • Direction Faces: West
  • Patio And Porch Features: Deck, Patio, Porch
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Waterfront Features:Ocean Front: Yes
  • Lot Features:Other21: Yes
  • Construction Materials:Other15: Yes
  • View:River: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 4.0
  • Parking Features:Attached: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Jogging Path: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 47045.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 3008370
  • Parcel #: 30-39-06-00-00272.0-0000.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 15989.4

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Jul 29, 2022
Sold by
Draper Engel Land Trust
Bought by
Bailey John S and Bailey Larry Wayne
Seller's Agent
Dave Settgast
One Sotheby's International
Buyer's Agent
Laura Dowling-Roy
Premier Properties Real Estate
List Price
$5,900,000
Sold Price
$5,300,000
Premium/Discount to List
-$600,000
-10.17%
Current Estimated Value
$5,478,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,255
Avg. Annual Appreciation
1.05%
Original Mortgage
$3,000,000
Outstanding Balance
$2,874,849
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$2,603,406

Purchase Details

Closed on
Sep 13, 2016
Sold by
Engel Draper Carles B and Engel Draper Carol
Bought by
Engel Draper Charles B and Engel Draper Carol

Purchase Details

Closed on
Aug 8, 2016
Sold by
Engel Draper Carles B and Engel Draper Carol
Bought by
Engel Draper Charles B and Engel Draper Carol

Purchase Details

Closed on
Aug 1, 2016
Bought by
Draper Engel Land Trust
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
Bailey John S $5,300,000 State Title Partners
Bailey John S $5,300,000 State Title Partners
Engel Draper Charles B -- None Available
Engel Draper Charles B -- None Available
Draper Engel Land Trust $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey John S $3,000,000
Closed Bailey John S $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2022 08/04/22 Sold $5,300,000 -7.8% $683 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
05/16/2022 05/16/22 Price Changed $5,750,000 -2.5% $741 / Sq Ft
03/08/2022 03/08/22 For Sale $5,900,000 -- $761 / 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 $47,407 $3,880,820 -- --
2024 $48,054 $3,904,210 -- --
2023 $48,054 $3,878,910 $1,400,000 $2,478,910
2022 $15,094 $1,260,720 $0 $0
2021 $15,989 $1,224,000 $0 $0
2020 $16,075 $1,207,110 $0 $0
2019 $16,153 $1,179,980 $0 $0
2018 $16,292 $1,157,980 $0 $0
2017 $16,631 $1,134,170 $0 $0
2016 $17,059 $1,110,850 $600,000 $510,850
2015 $17,704 $1,103,130 $600,000 $503,130
2014 $17,886 $1,094,380 $600,000 $494,380
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 928251

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 30-39-06-00-00272.0-0000.00