Seller's Agent in 2022
Gibbs Baum
One Sotheby's International
(321) 432-2009
75 in this area
273 Total Sales
5285 S Highway A1a Melbourne Beach, FL 32951
Floridana Beach NeighborhoodEstimated Value: $3,878,000 - $4,688,000
5
Beds
6
Baths
4,781
Sq Ft
$914/Sq Ft
Est. Value
Highlights
- Ocean Front
- 0.58 Acre Lot
- Deck
- Gemini Elementary School Rated A-
- Open Floorplan
- Vaulted Ceiling
About This Home
As of July 2022With over 100 linear feet on the ocean, natural light and ocean views flood the living areas in this contemporary build. This beach-house is a modern masterpiece with angled rooms ready for a creative designer who embraces open spaces. You will love the unique flair with high-end flooring, beachy baths and sleek kitchen layout including double islands, double dishwashers, double sinks and double ovens. If you like the idea of spotting sea turtles nesting from a 35 foot perch and enjoying sunrise and sunset views, you will embrace the roof-top deck that spans over 2,200 square feet giving you a birds-eye view of the Atlantic Ocean coastline and Indian River waterway. To make life easy, there is a private elevator that will take you from the rooftop deck all the way to the ground floor. Since this house was built in 2018 and only weekend stays, this house presents itself as never lived-in. This property is also in a zoning code area that allows short term rentals so if you would like to off-set your carry-costs, you have the opportunity to nightly rent. If you would like a southeast corner oceanfront pool, the underground concrete infrastructure is already installed. Don't miss this opportunity for a tall ceiling new build on the ocean that has all the advantages of modern technology.
Last Agent to Sell the Property
One Sotheby's International License #3247254 Listed on: 05/12/2022
Last Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area License #nonmls
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,848
Year Built
- Built in 2018
Lot Details
- 0.58 Acre Lot
- Lot Dimensions are 100x200
- Ocean Front
- West Facing Home
Parking
- 4 Car Attached Garage
- Garage Door Opener
- Circular Driveway
Property Views
- Ocean
- River
Home Design
- Membrane Roofing
- Metal Roof
- Concrete Siding
- Stucco
Interior Spaces
- 4,781 Sq Ft Home
- 3-Story Property
- Elevator
- Open Floorplan
- Vaulted Ceiling
- Great Room
- Loft
Kitchen
- Breakfast Bar
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 6 Full Bathrooms
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Outdoor Shower
- Balcony
- Deck
- Porch
Schools
- Gemini Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Central Heating and Cooling System
- Well
- Tankless Water Heater
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 29-38-10-00-00018.0-0000.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 12, 2022
Closed on
Jul 13, 2022
Sold by
Nikoletta Farantatou
Bought by
5285 S Highway A1a Llc
Seller's Agent
Gibbs Baum
One Sotheby's International
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$4,490,000
Sold Price
$4,110,000
Premium/Discount to List
-$380,000
-8.46%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,838
Avg. Annual Appreciation
1.94%
Original Mortgage
$3,000,000
Outstanding Balance
$2,854,158
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$1,517,680
Purchase Details
Listed on
Oct 2, 2018
Closed on
Jan 6, 2020
Sold by
Vanmotro Joseph Van
Bought by
Farantatou Nikoletta
Seller's Agent
Dave Settgast
One Sotheby's International
Buyer's Agent
Gibbs Baum
One Sotheby's International
List Price
$2,890,000
Sold Price
$2,650,000
Premium/Discount to List
-$240,000
-8.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.11%
Purchase Details
Closed on
Aug 19, 2011
Sold by
Markogiannakis Pantelis
Bought by
Vanmotro Josepn
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 5285 S Highway A1a Llc | $4,110,000 | Phillips Hayden & Labbee Llp | |
| Farantatou Nikoletta | $2,650,000 | Precise Title Inc | |
| Vanmotro Josepn | $500,000 | State Title Partners Llp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 5285 S Highway A1a Llc | $3,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2022 07/13/22 | Sold | $4,110,000 | -8.5% | $860 / Sq Ft |
| 06/09/2022 06/09/22 | Pending | -- | -- | -- |
| 05/10/2022 05/10/22 | For Sale | $4,490,000 | +69.4% | $939 / Sq Ft |
| 01/10/2020 01/10/20 | Sold | $2,650,000 | -5.2% | $556 / Sq Ft |
| 12/31/2019 12/31/19 | Pending | -- | -- | -- |
| 08/21/2019 08/21/19 | Price Changed | $2,795,000 | -1.9% | $587 / Sq Ft |
| 02/20/2019 02/20/19 | Price Changed | $2,849,000 | -1.4% | $598 / Sq Ft |
| 10/02/2018 10/02/18 | For Sale | $2,890,000 | -- | $607 / 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 |
|---|---|---|---|---|
| 2025 | $39,963 | $3,378,470 | -- | -- |
| 2024 | $38,764 | $3,280,150 | -- | -- |
| 2023 | $38,764 | $3,116,080 | $1,300,000 | $1,816,080 |
| 2022 | $33,646 | $3,166,210 | $0 | $0 |
| 2021 | $29,848 | $2,264,420 | $600,000 | $1,664,420 |
| 2020 | $17,048 | $1,885,400 | $600,000 | $1,285,400 |
| 2019 | $9,458 | $650,000 | $0 | $650,000 |
| 2018 | $9,347 | $650,000 | $0 | $650,000 |
| 2017 | $9,756 | $650,000 | $0 | $650,000 |
| 2016 | $11,274 | $650,000 | $0 | $0 |
| 2015 | $11,288 | $612,260 | $600,000 | $12,260 |
| 2014 | $11,433 | $600,000 | $600,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gibbs Baum
-
Gregory Zimmerman
Seller Co-Listing Agent in 2022
Gregory Zimmerman
One Sotheby's International
(321) 704-3025
69 in this area
250 Total Sales
-
N
Buyer's Agent in 2022
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
-
Dave Settgast
Seller's Agent in 2020
Dave Settgast
One Sotheby's International
(321) 543-1187
81 in this area
268 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 934725
APN: 29-38-10-00-00018.0-0000.00
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Information is deemed reliable but not guaranteed.
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