When was property at 5562 Beach Elder Way built and last sold?

The property at 5562 Beach Elder Way was built in 1996 and last sold on Feb 1, 2024 for $525,000.

How much is this home worth?

The estimated value of the home located at 5562 Beach Elder Way is $0.

What are some comparable homes to 5562 Beach Elder Way?

There are currently no comparable homes to 5562 Beach Elder Way.

Brevard

32951

South Shores

5562 Beach Elder Way

Sold on Feb 8, 2024

Map

$525,000

● House - Off Market

5562 Beach Elder Way

Melbourne Beach, FL 32951

3 Beds

2 Baths

1,555 Ft²

$3,123

Est. Monthly

$275

HOA / Fees

3.57%

Cap Rate

About This Property

Live the beach lifestyle from this extraordinary fully furnished turnkey South Shores home. A short walk from the community beach access. South Shores offers Har-Tru tennis courts, community pool overlooking river, community dock w/kayak launch, and frequent seasonal themed community events. Low HOA dues and rentals of 1 month make this the perfect property for seasonal owners who want to make the most out of their investment. Recent upgrades include bathrooms and carpet. This home is in great shape and shows like new. Extensive list of items included in sale make this turn key property move in ready.

Unit Size

1,555 Ft²

Days on Market

83 days

Land Size

Price per sqft

$373

Property Type

House

Property Taxes

HOA Dues

$275

Year Built

1996

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Space Coast MLS #980541)

Price History

Date / Event	Date	Event
Feb 12, 2024	Sold	Premium
Sold
Jan 20, 2024	In contract	-
In contract
Dec 21, 2023	Relisted	$579,900
Relisted
Dec 10, 2023	In contract	-
In contract
Nov 16, 2023	Listed by William Taylor Real Estate,Inc	$579,900
Listed by William Taylor Real Estate,Inc
Apr 1, 2008	Sold	Premium
Sold
Nov 13, 1996	Sold	Premium
Sold

Property Highlights

Garage

Building Info

Overview

General

Year Built: 1996

Effective Year Built: 2005
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 9
Building Condition: 0
Building Quality: 4
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 4
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 420
Parking Space Count: 2
Patio Type: 17
Porch Type: 35
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 5,227

Lot Size Depth Feet: 1,000
Lot Size Frontage Feet: 520
Total Building Area: 2,136
Gross Building Area: 2,136
Building Area: 1,555
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,555
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: SOUTH SHORES PHASE I
Land Acres: 0000000120
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: SOUTH SHORES PHASE I LOT 14

Neighborhood

School District Name: Brevard County School District

Census Tract: 066104

Zoning

Zoning: RA210 BSP

Geography

Assessors Map Reference: 408

Account Number: 2960061
Subdivision Phase Number: I
Parcel: 29-38-10-77-00000.0-0014.00
Lot: 14
Meridian: SEC 10 TWN 29S RNG 38E
Municipality: UNINCORP DISTRICT 3
Latitude: 27.9721
Longitude: -80.5133

Address

Full Address: 5562 Beach Elder Way

Address - House Number: 5562
Address - Street Name: Beach Elder
Address - Suffix Type: Way
State: FL
City Name: Melbourne Beach
Carrier Code: R017
4-Digit Zip Code: 3323
Zip Code: 32951

Valuation

Tax

Total Area: 1,852

Tax Year: 2022
Tax Amount: $524,787
Tax Rate Code Area: 3400

Appraisal Valuation

Standard Deviation: 0.0843

Valuation Date: Feb 28, 2024
Confidence Score: 93
Final Value: 574,811
High Value: 623,322
Low Value: 526,299

Market Valuation

Market Total Value: $439,230

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $439,230

Sales

Current Sale Contract Date: Feb 01, 2024

Current Sale Recording Date: Feb 12, 2024
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 28873
Previous Sale Recording Date: Apr 01, 2008
Previous Sale Contract Date: Mar 27, 2008
Previous Sale Amount: $315,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About South Shores

Stats & Trends

Median Asking:

$420,000

Sale Price/ft²

$374

Above Asking

0.00%

Average Days on Market

Average Home Size

1108 ft²

Average Home Age

41 years

Currently For Sale

1 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 112 Casseekee Trail, Melbourne Beach, FL, 32951

$2,200 /mo

2 Beds
2 Baths
1,350 ft²

112 Casseekee Trail #2112, Melbourne Beach, FL, 32951 Listing by Laura L Dowling Roy PA

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: William Taylor, William Taylor Real Estate,Inc
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 980541

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.