$699,900
$50K PRICE DROP

Estimated payment $4,493/month

Total Views 13,233
3 Beds
-- Bath
1,718 Sq Ft
$407 Price per Sq Ft

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • RV Access or Parking
  • Docks
  • Heated In Ground Pool
  • Views of Preserve

About This Home

Discover Your Investment Paradise: Waterfront Pool Home in Florida! This stunning 3-bed, 3-bath waterfront pool home is your ideal investment opportunity! Updated and perfectly located, it offers direct access to Turkey Creek, the Indian River, and the ocean—perfect for boating/fishing/water enthusiasts. Last year, it generated $7500/month ($90,000) in gross revenue even while the owners enjoyed personal use for several months, showcasing its incredible income potential. With a 4.9-star rating and Superhost status, this home is a proven performer in the short-term rental market. Enjoy breathtaking sunsets from your private dock or relax by the pool in complete privacy, thanks to a nature preserve behind the property. Located at the end of a quiet street, you're just moments away from dining, shopping, and beautiful beaches. Can be purchased using an FHA, VA, conventional, or commerical loan, or cash. Don't miss this chance to balance personal enjoyment with lucrative rental income.

Listing Agent

Joe Friedman

Compass Florida, LLC License #3302109 Listed on: 03/30/2025

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,533

Year Built

  • Built in 1952

Lot Details

  • 9,583 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Street terminates at a dead end
  • North Facing Home
  • Vinyl Fence
  • Back Yard Fenced

Property Views

  • Views of Preserve
  • Canal
  • Creek or Stream

Home Design

  • Frame Construction
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3 Bedrooms
  • 1,718 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Electric Fireplace
  • Tile Flooring
  • Hurricane or Storm Shutters

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 4 Parking Spaces
  • 2 Carport Spaces
  • Additional Parking
  • On-Street Parking
  • Off-Street Parking
  • RV Access or Parking

Pool

  • Heated In Ground Pool
  • Screen Enclosure
  • Pool Sweep

Outdoor Features

  • Property has ocean access
  • River Access
  • Docks
  • Gazebo
  • Shed

Schools

  • Palm Bay Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 28-37-24-25-00010.0-0001.00
  • Seller Concessions Offered

Community Details

Overview

  • No Home Owners Association

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,533

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1952
  • Reso Property Sub Type: Duplex
  • ResoLotFeatures: Dead End Street, Other
  • Reso View: Canal, Creek/Stream, Protected Preserve
  • Water Body Name: Turkey Creek
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Multi/Split, One
  • New Construction: No
  • Reso Other Structures: Gazebo, Shed(s)
  • Location Tax and Legal Parcel Number2: 28-37-24-25-00010.0-0001.00
  • Location Tax and Legal Elementary School: Palm Bay Elem
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 7532.75
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 1718.0
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9583.0
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Lot Features Dead End Street: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: Yes
  • Other Structures Shed(s): Yes
  • Pool Features Screen Enclosure: Yes
  • General Property Information Stories Total: 1
  • Pool Features Electric Heat: Yes
  • View Protected Preserve: Yes
  • Other Structures Gazebo: Yes
  • ViewCanal: Yes
  • Fencing Vinyl2: Yes
  • Levels MultiSplit: Yes
  • General Property Information Number Of Units Total2: 1.0
  • Income And Expenses Operating Expense: 24000.0
  • Utilities Sewer Connected: Yes
  • Pool Features Heated: Yes
  • Pool Features Pool Sweep: Yes
  • General Property Information Number Of Buildings2: 1.0
  • General Property Information CDD Fee YN: No
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Fencing Back Yard: Yes
  • General Property Information:Pool Private YN: Yes
  • Water Body Access Type Owned: Yes
  • General Property Information Water Body Access YN2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Total Bedrooms: 3
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Stories: 1
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Electric2: Yes

Exterior Features

  • Exterior Features: Dock, Storm Shutters
  • Pool Features: Electric Heat, Heated, In Ground, Pool Sweep, Screen Enclosure
  • Roof: Metal
  • Fencing: Back Yard, Fenced, Full, Vinyl
  • Acres: 0.22
  • Pool Private: Yes
  • Waterfront Features: Canal Front, Navigable Water, Ocean Access, River Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Frame
  • Direction Faces: North
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction Materials:Frame: Yes
  • Waterfront Features:Ocean Access: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Other21: Yes
  • Waterfront Features:Canal Front: Yes
  • Exterior Features:Dock: Yes
  • Waterfront Features:River Access: Yes
  • Waterfront Features:Navigable Water: Yes
  • Exterior Features:Fencing - Full: Yes
  • View:CreekStream: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, Carport, Off Street, On Street, RV Access/Parking
  • Total Parking Spaces: 4.0
  • General Property Information:Garage YN: No
  • Parking Features:Additional Parking: Yes
  • Parking Features:Carport: Yes
  • Parking Features:RV AccessParking: Yes
  • General Property Information:Parking Total: 4.0
  • Parking Features:On Street: Yes
  • General Property Information:Open Parking Spaces2: 2.0
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Current Use: Investment, Recreational, Residential, Single Family
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2832641
  • Parcel #: 28-37-24-25-00010.0-0001.00

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7532.75

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 90000.0
  • Income Includes: ["Rent Only"]
  • Annual Operating Expense: 24000.0
  • Income And Expenses Net Operating Income: 66000.0

MLS Schools

  • Elementary School: Palm Bay Elem
  • High School: Palm Bay

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $8,038 $431,150 $157,500 $273,650
2022 $2,746 $186,400 $0 $0
2021 $2,811 $180,980 $0 $0
2020 $2,755 $178,490 $0 $0
2019 $2,921 $174,480 $0 $0
2018 $2,850 $171,230 $93,750 $77,480
2017 $3,580 $159,570 $93,750 $65,820
2016 $3,185 $144,530 $82,500 $62,030
2015 $3,101 $136,580 $82,500 $54,080
2014 $3,026 $131,000 $82,500 $48,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Price Changed $699,900 -2.8% $407 / Sq Ft
05/22/2025 05/22/25 Price Changed $719,900 0.0% $419 / Sq Ft
05/22/2025 05/22/25 Price Changed $720,000 -4.0% $419 / Sq Ft
03/30/2025 03/30/25 For Sale $750,000 +21.0% $437 / Sq Ft
09/30/2022 09/30/22 Sold $620,000 -4.6% $355 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $650,000 +195.5% $372 / Sq Ft
07/23/2015 07/23/15 Sold $220,000 -2.1% $282 / Sq Ft
06/12/2015 06/12/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $224,700 -- $288 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $600,000 Foundation Title & Settlement
Warranty Deed $220,000 Attorney
Trustee Deed -- None Available
Warranty Deed $325,000 Alday Donalson Title Agencie
Warranty Deed $214,900 Alday-Donalson Title Agencie
Warranty Deed $135,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $170,000 No Value Available
Previous Owner $260,000 Fannie Mae Freddie Mac
Previous Owner $243,750 No Value Available
Previous Owner $15,000 Credit Line Revolving
Previous Owner $114,900 No Value Available
Previous Owner $50,000 Unknown
Previous Owner $124,800 New Conventional
Previous Owner $121,365 No Value Available
Previous Owner $50,000 No Value Available
Source: Public Records

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

MLS Number: 1041659

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-24-25-00010.0-0001.00