See Home Value
$450,000
● House - Off Market

374 Nikomas Way

Melbourne Beach, FL 32951
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,349 Ft²
$2,576
Est. Monthly
$6
HOA / Fees
4.50%
Cap Rate

About This Property

HUGE Price Drop Very Motivated Seller!! Impeccable Canal front Home in Melbourne Beach - A Perfect Blend of Comfort and Nature! meticulously maintained home - canal is perfect For a 17-20' boat- take it right out to River with short jog to Ocean Inlet (Sebastian), offering the ultimate coastal living experience in beautiful Melbourne Beach. Large yards with mature trees (Mangos) that provide both shade and privacy while overlooking tranquil waters-spotting dolphins and manatees. The property backs up to large, wooded preserve home to a variety of wildlife, ensuring that every moment here is your peaceful retreat. Private Neighborhood Beach Access Enjoy easy access to the pristine beach just across the road. Recent Upgrades - This home is move-in ready with recent improvements such as: Newer Air Conditioner (2018) New Septic System (2023) New Seawall Cap (2022)NewerGarage Door &Belts & Springs, Hurricane Shutters,  Electrical Wiring for Generator,Roof(2011), Plumbing Upgrade Upgraded (2000), Hot Water Heater (2019)

All New Paint (2020), creating a fresh and inviting atmosphere inside and out.

This home is a true haven, offering the ideal setting for both relaxation and outdoor entertainment. Whether you're lounging by the canal or watching wildlife in the preserve, you'll find peace and serenity at every turn.
Unit Size
1,349 Ft²
Days on Market
88 days
Land Size
0.23 acres
Price per sqft
$367
Property Type
House
Property Taxes
$138
HOA Dues
$6
Year Built
1994

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Last updated: 2 years ago (Space Coast MLS #1038935)

Price History

Date / Event Date Event Price
May 30, 2025 Sold
Sold
Apr 24, 2025 In contract -
In contract
Apr 19, 2025 Price Decreased $495,000
↓ $64K (11.5%)
Price Decreased
Apr 9, 2025 Price Decreased $559,000
↓ $16K (2.8%)
Price Decreased
Mar 20, 2025 Price Decreased $574,900
↓ $23K (3.9%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,849
  • Gross Building Area: 1,849
  • Building Area: 1,349
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,349
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNNYLAND BEACH SEC 7
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: SUNNYLAND BEACH SEC 7 LOT 19 BLK E

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066104

Zoning

  • Zoning: RU113

Geography

  • Assessors Map Reference: 447
  • Account Number: 2956595
  • Parcel: 29-38-26-KD-0000E.0-0019.00
  • Block: E
  • Lot: 19
  • Meridian: SEC 26 TWN 29S RNG 38E
  • Municipality: UNINCORP DISTRICT 3
  • Latitude: 27.9311
  • Longitude: -80.4958

    Address

  • Full Address: 374 Nikomas Way
  • Address - House Number: 374
  • Address - Street Name: Nikomas
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Melbourne Beach
  • Carrier Code: R003
  • 4-Digit Zip Code: 3527
  • Zip Code: 32951

Valuation

    Tax

  • Total Area: 1,614
  • Tax Year: 2022
  • Tax Amount: $155,931
  • Tax Rate Code Area: 3400

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 536,821
  • High Value: 633,952
  • Low Value: 439,689

    Market Valuation

  • Market Total Value: $337,270

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $125,710

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 14, 1994
  • Current Sale Recording Date: Apr 19, 1994
  • Current Sale Price:
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sunnyland Beach


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Frequently Asked Questions

When was property at 374 Nikomas Way built and last sold?
The property at 374 Nikomas Way was built in 1994 and last sold on Apr 14, 1994 for $47,000.
How much is this home worth?
The estimated value of the home located at 374 Nikomas Way is $509,380.
What are some comparable homes to 374 Nikomas Way?
There are currently no comparable homes to 374 Nikomas Way.