5 months on rocket

123 River Oaks Rd, Melbourne Beach, FL, 32951

$644,000

Home List Price

$7,648*

Closing Credit

2 Bedrooms
2 Full Baths
1,344 SqFt
$479/SqFt
House

Location

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123 River Oaks Rd, Melbourne Beach$644,000

Buyer Closing Credits

$7,648*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther
Year Built1996
HeatingElectric
CoolingCentral Air
ViewTrees/Woods
MLS #1018797
Lot Size0.71 Acres
StatusActive

About 123 River Oaks Rd

You will be impressed with this .71 acre lot located in Melbourne Beach close to the Sebastian Inlet. There is a home on the property but it needs a lot of updating and TLC. Cash buyers only. Only serious buyer inquiries. Seller is extremely private and must be asked of showings by listing agent. Do not approach Seller. Beach access at end of street! In order to tour home Buyer and Realtor must sign a Right of Entry Agreement before viewing the property. Property sold AS-IS.

Property Details

Property Features

Property Information:

  • Year Built: 1996
  • Stories: 3
  • Living Area: 1,344 SqFt

Listing Office:

  • Office Name: Premier Properties Real Estate
  • Office Phone: (321) 724-4546
  • Listing Agent: Laura L Dowling Roy PA

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Balcony

Parking Information:

  • Attached Garage: No
  • Parking: Other

Virtual/3D Tour

  • Virtual Tour: 123 River Oaks Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.71 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: A1A to west onto River Oaks Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $644,000
  • Price Per SqFt: $479/SqFt

Tax Information:

  • Annual Amount: $2,109
  • 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

123 River Oaks Rd vs Melbourne Beach

169 DAYS ON ROCKET

+65 Days

$644,000

-$51K Less

$479/SqFt

+$115 More

KEY TAKEAWAY

This property is $51K less than the Median Sold Price and $115/SqFt more 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: #1018797

Listing Office:

  • Office Name: Premier Properties Real Estate
  • Office Phone: (321) 724-4546
  • Listing Agent: Laura L Dowling Roy PA

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, 11:21:07 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$2,109$182,090
2019$2,045$178,000
2018$2,053$174,690
2017$2,053$171,100

History based on county public records data.

Payment Calculator

$3,282

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,997

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-818760
6
/10

  • Sebastian Elementary School

  • 400 Sebastian Blvd

  • 5.70 miles

  • Public District Grades PK-5

school-card-donut-818761
6
/10

  • Pelican Island Elementary School

  • 1355 Schumann Dr

  • 8.51 miles

  • Public District Grades PK-5

school-card-donut-818762
6
/10

  • Sunrise Elementary School

  • 1651 Mara Loma Blvd SE

  • 9.86 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 $102,331. Most Melbourne Beach, FL residents have annual incomes between $100k-200k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 123 River Oaks Rd

What is the listing price of this property?

The listing price of 123 River Oaks Rd property is $644,000.

What type of property is this?

The property 123 River Oaks Rd is a house located in Melbourne Beach, Florida, 32951.

Is this property for sale now?

Active Listing: 123 River Oaks 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 $2,109 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 123 River Oaks Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 123 River Oaks Rd is 1,344 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 123 River Oaks Rd is 1996.

Rocket Homes›Florida›Brevard County›Melbourne Beach›32951›123 River Oaks Rd

This home is located at 123 River Oaks Rd in Melbourne Beach, FL and zip code 32951 in the Indian River Oaks neighborhood. This 1,344 square foot home, which was built in 1996, sits on a 0.71 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 05, 2024 and is currently priced at $644,000.

While more than 0 listings in Melbourne Beach, FL in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 15 were sold below. 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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