3 months on rocket

114 Margarita Rd, Melbourne Beach, FL, 32951

$629,900

Home List Price

$7,480*

Closing Credit

3 Bedrooms
2 Full Baths
2,175 SqFt
$290/SqFt
House

Location

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114 Margarita Rd, Melbourne Beach$629,900

Buyer Closing Credits

$7,480*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built1988
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #1023891
Lot Size0.17 Acres
StatusActive

About 114 Margarita Rd

Located on one of the quietest streets in Floridana Beach, this nature lover's paradise sits on an oversized lot surrounded by mature oak trees and native plants. This 3 bedroom, 2 bath home also offers an office, living room and family room as well as a well designed kitchen! It boasts an oversized primary suite with 2 walk in closets and newly renovated bathroom. Additionally, this home has a new: roof, dryer, dishwasher and gas stove top. The septic system has been updated with a new drain field. Windows and doors are hurricane rated. It's a short walk to two private beach accesses; one of which houses the neighborhood's private clubhouse. The South Beach Community Center which offers yoga and fitness classes as well as pickleball courts, an indoor gym, playground and dog park is just around the corner. Bring coastal living right to your doorstep!

Property Details

Property Features

Property Information:

  • Year Built: 1988
  • Stories: 1
  • Living Area: 2,175 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (321) 259-5280
  • Listing Agent: Jamey L. Johnson

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 114 Margarita Rd
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Lot Features

Lot Information:

  • Lot: Many Trees
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Heading south on A1A from Melbourne Beach. Turn right on Carmen, right on Angeles, left on Margarita. House is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $629,900
  • Price Per SqFt: $290/SqFt

Tax Information:

  • Annual Amount: $2,815
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Melbourne Beach, FL.

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Melbourne Beach, FL

City

Med. Sold Price

$695K

Med. Price/SqFt

$364

Avg. Days On Market

104

# of Sold Homes

17

114 Margarita Rd vs Melbourne Beach

108 DAYS ON ROCKET

+4 Days

$629,900

-$65.1K Less

$290/SqFt

-$74 Less

KEY TAKEAWAY

This property is $65.1K less than the Median Sold Price and $74/SqFt less than other homes in Melbourne Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1023891

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (321) 259-5280
  • Listing Agent: Jamey L. Johnson

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,815$209,600
2019$2,771$204,890
2018$2,797$201,070
2017$2,797$196,940

History based on county public records data.

Payment Calculator

$3,211

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,955

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-801935
6
/10

  • Sunrise Elementary School

  • 1651 Mara Loma Blvd SE

  • 8.14 miles

  • Public District Grades PK-6

school-card-donut-801936
6
/10

  • Odyssey Preparatory Charter Academy

  • 1350 Wyoming Dr SE

  • 8.29 miles

  • Public Charter Grades KG-6

school-card-donut-801937
3
/10

  • Palm Bay Elementary School

  • 1200 Alamanda Rd NE

  • 8.38 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,749. The majority of Melbourne Beach, FL residents have income between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 114 Margarita Rd

What is the listing price of this property?

The listing price of 114 Margarita Rd property is $629,900.

What type of property is this?

The property 114 Margarita Rd is a house located in Melbourne Beach, Florida, 32951.

Is this property for sale now?

Active Listing: 114 Margarita Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,815 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 114 Margarita Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 114 Margarita Rd is 2,175 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 114 Margarita Rd is 1988.

Rocket Homes›Florida›Brevard County›Melbourne Beach›32951›114 Margarita Rd

This home is located at 114 Margarita Rd in Melbourne Beach, FL and zip code 32951 in the Floridana Beach neighborhood. This 2,175 square foot home, which was built in 1988, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $629,900.

In November 2024, from all listings sold in Melbourne Beach, FL there were more than 0 sold above asking price, over 15 sold below and more than 2 were sold right at the asked price. The number of listings in Melbourne Beach, FL increased by 5.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 104 days, the median list price was $695,000.

From Rocket Homes Real Estate and based on county public records data.

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