tomo logo

$2,175,000

Beds
4
Baths
4.0
sq ft
2,510

5805 S Highway A1a Unit 1, Melbourne Beach, FL 32951

5805 S Highway A1a Unit 1

Melbourne Beach, FL 32951

  • 44 days on market
    • Price drop $100,000↓
This very special, direct Oceanfront property features a rare and highly desirable combination of attributes. First and foremost is the over 400' depth which provides incredible privacy and a great buffer from A1A. The duplex design + RU-24 zoning affords multiple options towards it's uses by the next owner including short term vacation rentals, which do extremely well in this beautiful, nature rich stretch of coast. Resting comfortably atop an elevated dune, relaxing and enjoying the views of the white sand beach, turquoise Ocean and ever changing skies will never get old! The home also features updated impact rated windows and sliding glass doors as well as a newer roof (2018), updated plumbing, AC, H2O heater & an expansive, long lasting composite balcony & beach crossover, which is the perfect spot to enjoy the refreshing sea breezes and multiple rocket launches throughout the year. Furnishings can convey for a turn key opportunity. Call today for a private tour !

Details

Property type

Single Family Residence

Est. home value

$1,070,662

Lot size

0.61 acres

Price per sq ft

$867

Year built

1979

Price History

11/01/2024
BrevardMLS

BrevardMLS #1025822

Price change
$2,175,000
-4.4%
10/03/2024
BrevardMLS

BrevardMLS #1025822

Listed
$2,275,000
-12.16%
04/20/2024
BrevardMLS

BrevardMLS #1004158

Removed
$2,590,000

Schools & Community

Elementary school: 

Gemini

Middle school: 

Hoover

High school: 

Melbourne

Seller’s Loan History

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

Lender

Inidan River Natl Bk

Loan start date

April 1999

Original loan amount

$180,000

Est. remaining balance

Not provided

Interest rate

7.11%

Loan type

Not Provided

Seller

Joseph Gerlak and Marilyn Joyce Gerlak

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?

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Status: Active

Tomo last checked: 11/08/2024 at 5:25 PM

Listing updated: 11/01/2024 at 9:05 AM

Listed by: David Settgast, One Sotheby's International Phone #: (321) 984-3135

MLS: BrevardMLS #1025822

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