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125 Margarita Rd, Melbourne Beach, FL, 32951

$775,000

Home List Price

$9,203*

Closing Credit

4 Bedrooms
3 Full Baths
1,981 SqFt
$391/SqFt
House

Location

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125 Margarita Rd, Melbourne Beach$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Garage Door Opener
Garage2 spaces
Year Built1998
HeatingCentral, Electric
CoolingCentral Air
ViewPool, Trees/Woods
MLS #1029176
Lot Size0.26 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 125 Margarita Rd

As you step through the front door of this stunning courtyard-style pool home, you're greeted by a tropical oasis. The screened-in lanai is adorned with pavers, framing an expansive saltwater pool complete with a soothing waterfall. An outdoor shower and a separate hot tub enhance the resort-like feel. New AC system, a 2018 roof and Generac whole-house generator ensure comfort and peace of mind. The main home features 3 beds/2 baths, while a private entrance leads to an additional bedroom and full bath off the pool area. Large primary suite boasts a beautifully remodeled bath has frameless glass shower and dual sinks. Renovated kitchen is a chef's dream, w/ custom cabinetry, stunning countertops, a large island, S/S appliances with a gas range. High vaulted ceilings elevate the open concept design. Dining area features a picture window overlooking the pool. Beautifully landscaped, fenced backyard is perfect for pets, beach access just a stroll away, this home is a true paradise.

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Stories: 1
  • Living Area: 1,981 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer
  • Flooring Type: Tile, Vinyl
  • Interior: Breakfast Bar, Ceiling Fan(s), Guest Suite, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Pool, Trees/Woods
  • Exterior: Courtyard, Outdoor Shower, Storm Windows

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 125 Margarita Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Sprinklers In Front, Sprinklers In Rear
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: A1A to west onto Carmen Street follow down to Floridana Ave. head north to next right onto Margarita Road to 125 which is on the south side of street

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000
  • Price Per SqFt: $391/SqFt

HOA Fees:

  • Amount: $65
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,407
  • 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

125 Margarita Rd vs Melbourne Beach

38 DAYS ON ROCKET

-66 Days

$775,000

+$80K More

$391/SqFt

+$27 More

KEY TAKEAWAY

This property is $80K more than the Median Sold Price and $27/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: #1029176

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: 12/18/2024, 7:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 15, 2019Home Sold
$450,000
Apr 24, 2018Home Sold
$427,500
May 03, 2000Home Sold
$195,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,407$330,230
2019$3,318$366,230
2018$3,357$240,050
2017$3,357$235,120

History based on county public records data.

Payment Calculator

$3,940

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

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-4441997
6
/10

  • Sunrise Elementary School

  • 1651 Mara Loma Blvd SE

  • 8.11 miles

  • Public District Grades PK-6

school-card-donut-4441998
6
/10

  • Odyssey Preparatory Charter Academy

  • 1350 Wyoming Dr SE

  • 8.28 miles

  • Public Charter Grades KG-6

school-card-donut-4441999
3
/10

  • Palm Bay Elementary School

  • 1200 Alamanda Rd NE

  • 8.40 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. Residents of Melbourne Beach, FL typically earn between $35k-100k each year. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 125 Margarita Rd

What is the listing price of this property?

The listing price of 125 Margarita Rd property is $775,000.

What type of property is this?

The property 125 Margarita Rd is a house located in Melbourne Beach, Florida, 32951.

Is this property for sale now?

Accepting Backup Offers: 125 Margarita Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,407 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 15, 2019 for $450,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 125 Margarita Rd has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 125 Margarita Rd is 1,981 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 125 Margarita Rd is 1998.

Rocket Homes›Florida›Brevard County›Melbourne Beach›32951›125 Margarita Rd

This home is located at 125 Margarita Rd in Melbourne Beach, FL and zip code 32951 in the Floridana Beach neighborhood. This 1,981 square foot home, which was built in 1998, sits on a 0.26 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $775,000.

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. In November 2024 in Melbourne Beach, FL there were 5.6% more homes for sale than in October 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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