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114 Margarita Rd, Melbourne Beach, FL, 32951

$649,900

Home List Price

$7,718*

Closing Credit

3 Bedrooms
2 Full Baths
1,975 SqFt
$329/SqFt
House

Location

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114 Margarita Rd, Melbourne Beach$649,900

Buyer Closing Credits

$7,718*

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: 1,975 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
Virtual Tour

Lot Features

Lot Information:

  • Lot: Many Trees
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Melbourne High School, Public District Grades 9-12
  • Herbert C. Hoover Middle School, Public District Grades 7-8
  • Gemini Elementary School, Public District Grades KG-6

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: $649,900
  • Price Per SqFt: $329/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

$714.5K

Med. Price/SqFt

$366

Avg. Days On Market

47

# of Sold Homes

13

114 Margarita Rd vs Melbourne Beach

56 DAYS ON ROCKET

+9 Days

$649,900

-$64.6K Less

$329/SqFt

-$38 Less

KEY TAKEAWAY

This property is $64.6K less than the Median Sold Price and $38/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: 10/30/2024, 5:20:55 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

$3,311

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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.

Elementary School

school-card-donut-388720
10
/10

  • Gemini Elementary School

  • 2100 Oak St

  • 8.62 miles

  • Public District Grades KG-6

Middle School

school-card-donut-388721
5
/10

  • Herbert C. Hoover Middle School

  • 2000 Hawk Haven Dr

  • 12.11 miles

  • Public District Grades 7-8

High School

school-card-donut-388722
5
/10

  • Melbourne High School

  • 74 Bulldog Blvd

  • 12.80 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,749. Most Melbourne Beach, FL residents have annual incomes between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

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 $649,900.

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 are the assigned schools for this property?

The assigned schools for 114 Margarita Rd are:
Gemini Elementary School: GreatSchools Rating 10/10
Herbert C. Hoover Middle School: GreatSchools Rating 5/10
Melbourne High School: GreatSchools Rating 5/10

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 1,975 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 1,975 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 $649,900.

In September 2024 more than 0 listings in Melbourne Beach, FL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 13 were sold below. The number of homes for sale in Melbourne Beach, FL increased by 0.6% between August 2024 and September 2024. In September 2024, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $714,500.

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

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