tomo logo

$359,900

Beds
3
Baths
2.0
sq ft
1,936

510 Martello Way, Melbourne, FL 32901

510 Martello Way

Melbourne, FL 32901

  • <1 day on market
Don't miss out on this 3BD/2BA coastal retreat located in a gated 55+ active adult community of Alamanda Key! You'll appreciate the Key West-inspired charm of the metal roof, scallop siding, decorative accents & serene water views from your covered front porch. Inside features include plantation shutters throughout & an elegant kitchen featuring 42'' white cabinetry, granite countertops & stainless appliances. The spacious primary suite offers dual vanities, a walk-in shower & a separate soaking tub for ultimate relaxation. Accordion shutters provide convenience & peace of mind during storm season. HVAC 2 yrs Old, and H/W heater. Enjoy resort-style amenities, including a clubhouse, heated pool, tennis courts & a scenic walking path, perfect for seasonal or year-round living. With lawn care, irrigation & a discounted Spectrum cable/internet package included in the HOA, low-maintenance living has never been easier! Just minutes to shopping, dining & the beaches!

Details

Property type

Single Family Residence

Est. home value

$386,082

Lot size

4,792 sq ft

Price per sq ft

$186

Year built

2006

Annual property taxes

$2,063.5

Monthly HOA fee

$215

Price History

03/04/2025
BrevardMLS

BrevardMLS #1038930

Listed
$359,900
+46.9%
12/13/2017
BrevardMLS

BrevardMLS #794695

Sold
$245,000

Schools & Community

Elementary school: 

University Park

Middle school: 

Stone

High school: 

Palm Bay

Senior community center: 

Yes

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$121,496
Asking price
$359,900
Closing costs (~8% of asking)
-$28,792
Est. remaining loan balance
-$209,612
Cash to seller
$121,496

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Capital Bank Na

Loan start date

December 2017

Original loan amount

$245,000

Est. remaining balance

$209,612

Interest rate

3.94%

Loan type

VA, 30 year

Seller

Jerome C Timm and Connie K Timm

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 6:25 AM

Listing updated: 03/04/2025 at 4:05 AM

Listed by: Misty A Morrison, Misty Morrison Real Estate Phone #: (321) 574-8119

MLS: BrevardMLS #1038930

BrevardMLS logo

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