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$799,000

Beds
2
Baths
2.5
sq ft
2,525

6870 S Highway A1a, Melbourne Beach, FL 32951

6870 S Highway A1a

Melbourne Beach, FL 32951

  • 114 days on market
    • Price drop $100,000↓
Welcome to your dream home located in the heart of Melbourne Beach, the largest sea turtle nesting area in the western hemisphere. This unique pool home offers the perfect blend of open space layout and privacy. Situated across from the beach, with a balcony view, this property provides easy access to pristine sands and the serene ocean. Just a block from the community center and a mile from Sebastian Inlet, your new home provides quick access to facilities and activities. Enjoy endless adventures with local boat launch locations that give you access to the beautiful Indian River Lagoon and its enchanting islands. The main house boasts an open layout, designed to maximize space without the need for multiple bedrooms. A detached pool-house bedroom and bath, accessible via a covered porch walk, offer a private retreat for guests or additional family members. This is your opportunity to live in Melbourne Beaches and take advantage of the Indian River Lagoon and the Atlantic Ocean.

Details

Property type

Single Family Residence

Est. home value

$958,613

Lot size

0.3 acres

Price per sq ft

$317

Year built

2000

Annual property taxes

$6,553.35

Monthly HOA fee

$8.33

Price History

10/14/2024
BrevardMLS

BrevardMLS #1019843

Price change
$799,000
-11.12%
07/17/2024
BrevardMLS

BrevardMLS #1019843

Listed
$899,000
-3.33%
07/03/2023
BrevardMLS

BrevardMLS #964476

Sold
$930,000
+77.48%

Schools & Community

Elementary school: 

Gemini

Middle school: 

Hoover

High school: 

Melbourne

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

$294,850
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$440,230
Cash to seller
$294,850

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

Seller’s Loan History

Lender

Sierra Pacific Mortgage Co Inc

Loan start date

December 2019

Original loan amount

$486,771

Est. remaining balance

$440,230

Interest rate

3.75%

Loan type

VA, 30 year

Seller

John Downing Iv and Sheri H Downing

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 3:50 PM

Listing updated: 11/04/2024 at 2:55 AM

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

MLS: BrevardMLS #1019843

BrevardMLS logo

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