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Sold for $525,000
  • $525,000

    5562 Beach Elder Way, Melbourne Beach, FL 32951

    3beds
    1,555sqft
    Single Family Residence
    Built in 1996
    -- sqft lot
    $539,300 Zestimate®
    $338/sqft
    $2,701 Estimated rent

    Home value

    $539,300

    $512,000 - $572,000

    $2,701/mo

    Zestimate® history
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    What's special

    South shoresCommunity pool overlooking riverBeach lifestyle
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    William Taylor 321-795-5162,

    William Taylor Real Estate,Inc

    Bought with:

    William Taylor, 3022166

    William Taylor Real Estate,Inc

    Source: Space Coast AOR,MLS#: 980541

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Area: 196
    • Dimensions: 14.00 x 14.00
    Bedroom 2
    • Area: 132
    • Dimensions: 12.00 x 11.00
    Bedroom 3
    • Area: 156
    • Dimensions: 12.00 x 13.00
    Dining room
    • Area: 135
    • Dimensions: 15.00 x 9.00
    Kitchen
    • Area: 132
    • Dimensions: 11.00 x 12.00
    Living room
    • Level: First
    • Area: 285
    • Dimensions: 15.00 x 19.00
    Other
    • Description: Patio
    • Area: 560
    • Dimensions: 28.00 x 20.00
    Heating
    • Heat Pump
    Cooling
    • Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
    Features
    • Ceiling Fan(s), Open Floorplan, Pantry, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Laminate
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 2,136
    • Total interior livable area: 1,555 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Patio & porch: Patio, Porch, Screened
    • Has view: Yes
    • View description: Trees/Woods
    Details
    • Additional parcels included: 2960061
    • Parcel number: 2938107714
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1996

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Water Available

    Community & HOA

    Community
    • Security: Gated with Guard
    • Subdivision: South Shores Phase I
    HOA
    • Has HOA: Yes
    • Amenities included: Boat Dock, Maintenance Grounds, Management - Full Time, Management - Off Site, Pool, Tennis Court(s)
    • Services included: Security
    • HOA fee: $275 monthly
    • HOA name: Jessica Kidd
    Location
    • Region: Melbourne Beach

    Financial & listing details

    • Price per square foot: $338/sqft
    • Tax assessed value: $453,540
    • Annual tax amount: $6,165
    • Date on market: 11/17/2023
    • Listing terms: Cash,Conventional
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/8/2024Sold$525,000-9.5%$338/sqft
    Source: Space Coast AOR #980541 Report a problem
    1/20/2024Pending sale$579,900$373/sqft
    Source: Space Coast AOR #980541 Report a problem
    12/20/2023Listed for sale$579,900$373/sqft
    Source: Space Coast AOR #980541 Report a problem
    12/9/2023Pending sale$579,900$373/sqft
    Source: Realtor Association of Indian River County #272958 Report a problem
    12/9/2023Contingent$579,900$373/sqft
    Source: Space Coast AOR #980541 Report a problem
    11/16/2023Listed for sale$579,900+84.1%$373/sqft
    Source: Stellar MLS #O6156549 Report a problem
    4/1/2008Sold$315,000+110.3%$203/sqft
    Source: Public Record Report a problem
    11/13/1996Sold$149,800$96/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,165 +2%$453,540 -3.3%
    2024$6,046 -2%$468,860 -8%
    2023$6,169 +17.5%$509,750 +16.1%
    2022$5,248 +7.7%$439,230 +28.3%
    2021$4,874 +8.8%$342,390 +12.7%
    2020$4,481 +1.3%$303,940 +3.2%
    2019$4,425 $294,400 +2.3%
    2018$4,425 -0.3%$287,690 +6.5%
    2017$4,439 +3.7%$270,110 +13.7%
    2016$4,281 +6%$237,470 +6.2%
    2015$4,040 -4.4%$223,510 -2.2%
    2014$4,224 $228,630 +7.7%
    2013-- $212,350 +12.4%
    2012$3,325 -1.5%$188,960 -1.5%
    2011$3,378 -9.3%$191,760 -16.4%
    2010$3,724 -0.1%$229,440 -5.8%
    2009$3,729 -14.4%$243,600 -14.2%
    2008$4,357 +98.9%$284,000 -3.4%
    2007$2,190 -8.1%$294,000 +19.5%
    2005$2,383 -2.7%$246,050 +23%
    2004$2,450 -2.3%$200,030 +13.6%
    2003$2,507 +2.9%$176,040 +24.1%
    2002$2,436 +2.4%$141,910 +2.9%
    2001$2,380 -4%$137,960 +8.9%
    2000$2,478 $126,660
    Find assessor info on the county website

    Neighborhood: 32951

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gemini
    • Middle: Hoover
    • High: Melbourne

    Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $539,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $539,300