8755 S Highway A1a Unit 3 Melbourne Beach, FL 32951
Floridana Beach Neighborhood
3
Beds
3
Baths
2,027
Sq Ft
$300/mo
HOA Fee
Highlights
- Ocean Front
- Open Floorplan
- Loft
- Gemini Elementary School Rated A-
- Deck
- Great Room
About This Home
As of June 2019BACK ON THE MARKET!!! Buyers financing fell through!!! Come take a look at this beautiful recently-remodeled condo that has exclusive views from Ocean to River through 16ft tall windows. Located in secluded S. Melbourne Beach in a small gated community, this condo gives you loads of privacy while being close to some of the best assets our county has to offer....our pristine beaches. With its luxurious master suite that walks directly out to the ocean, to the relaxing views of the ocean from your private covered patio, to the awesome cabana shower with hot and cold water; this unit truly has it all. This community is perfect for the winter traveler or the full time resident as the HOA covers most everything outside, leaving you nothing to do but grab a towel and relax. Call today! **There are units in this 3-unit complex that are rented on VRBO for 1400/week, 5800/month (in some cases months and years at a time!). These units make for EXCELLENT vacation rental income with a cap rate close to 9.1% if rented out year round! Outstanding investment for the investor, or the family looking to offset some of the cost of owning a condo on the beach!
Last Agent to Sell the Property
Dave Kello
Tropical Realty Beachside Listed on: 09/05/2015
Last Buyer's Agent
Carolyn Pascal Guarino
Keller Williams Realty Brevard License #3283854
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,083
Year Built
- Built in 1984
Lot Details
- Ocean Front
- West Facing Home
HOA Fees
- $300 Monthly HOA Fees
Parking
- 2 Car Detached Garage
Property Views
- Ocean
- Intracoastal
- River
- Views of Preserve
Home Design
- Patio Home
- Villa
- Membrane Roofing
- Asphalt
Interior Spaces
- 2,027 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Great Room
- Family Room
- Loft
- Tile Flooring
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Convection Oven
- Microwave
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- 3 Full Bathrooms
- Spa Bath
Outdoor Features
- Outdoor Shower
- Balcony
- Deck
- Patio
- Porch
Schools
- Gemini Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 30-39-07-00-00041.3-0000.00
Community Details
Overview
- Association fees include insurance, pest control, sewer, water
- Gullhouse I Condo Ph I Subdivision
- Maintained Community
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 19, 2022
Sold by
Johnson Mina M and Johnson Raymond M
Bought by
Johnson Mina
Total Days on Market
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$446,712
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$488,763
Purchase Details
Listed on
Dec 4, 2018
Closed on
Jun 3, 2019
Sold by
Palladino Elaine M and Palladino Richard J
Bought by
Johnson Raymond M and Johnson Mina
Seller's Agent
Carolyn Pascal Guarino
Keller Williams Realty Brevard
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$484,350
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Sep 5, 2015
Closed on
Dec 28, 2015
Sold by
Guli Cynthia A
Bought by
Elaine Palladino Trust
Seller's Agent
Dave Kello
Tropical Realty Beachside
Buyer's Agent
Carolyn Pascal Guarino
Keller Williams Realty Brevard
List Price
$599,000
Sold Price
$580,000
Premium/Discount to List
-$19,000
-3.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Purchase Details
Closed on
Nov 3, 1999
Sold by
Anton Raymond F and Anton Ethel M
Bought by
Guli Cynthia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 5, 1996
Sold by
Anton Raymond F and Anton Paul F
Bought by
Anton Raymond F
Similar Homes in Melbourne Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Servicelink | |
| Warranty Deed | $685,000 | Foundation Ttl & Setmnt Svcs | |
| Warranty Deed | $580,000 | Prestige Title Brevard Llc | |
| Warranty Deed | $236,000 | -- | |
| Quit Claim Deed | $23,000 | -- | |
| Quit Claim Deed | $65,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $475,000 | New Conventional | |
| Previous Owner | $484,350 | Purchase Money Mortgage | |
| Previous Owner | $63,650 | Credit Line Revolving | |
| Previous Owner | $151,032 | Unknown | |
| Previous Owner | $159,400 | New Conventional | |
| Previous Owner | $165,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2019 06/03/19 | Sold | $685,000 | -2.0% | $338 / Sq Ft |
| 03/23/2019 03/23/19 | Pending | -- | -- | -- |
| 12/04/2018 12/04/18 | For Sale | $699,000 | +20.5% | $345 / Sq Ft |
| 12/28/2015 12/28/15 | Sold | $580,000 | -3.2% | $286 / Sq Ft |
| 11/04/2015 11/04/15 | Pending | -- | -- | -- |
| 09/05/2015 09/05/15 | For Sale | $599,000 | 0.0% | $296 / Sq Ft |
| 08/26/2015 08/26/15 | Pending | -- | -- | -- |
| 08/19/2015 08/19/15 | For Sale | $599,000 | -- | $296 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $10,014 | $891,330 | $0 | $891,330 |
| 2022 | $8,872 | $848,950 | $0 | $0 |
| 2021 | $7,469 | $544,810 | $0 | $544,810 |
| 2020 | $7,599 | $544,810 | $0 | $544,810 |
| 2019 | $6,698 | $464,500 | $0 | $464,500 |
| 2018 | $6,813 | $459,910 | $0 | $459,910 |
| 2017 | $7,088 | $459,670 | $0 | $459,670 |
| 2016 | $7,416 | $459,670 | $0 | $0 |
| 2015 | $4,049 | $268,980 | $0 | $0 |
| 2014 | $4,083 | $266,850 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2019
Carolyn Pascal Guarino
Keller Williams Realty Brevard
(407) 405-0115
1 in this area
2 Total Sales
-
N
Buyer's Agent in 2019
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
-
D
Seller's Agent in 2015
Dave Kello
Tropical Realty Beachside
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 732881
APN: 30-39-07-00-00041.3-0000.00
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