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Backup Offers

1600 Elm Dr E, Melbourne, FL, 32935

$1,300,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
3,457 SqFt
$376/SqFt
House

Location

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1600 Elm Dr E, Melbourne$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener, Gated, Secured
Attached Garage3 spaces
Year Built2008
HeatingCentral, Electric
CoolingCentral Air
FireplaceFree Standing
ViewRiver, Water
MLS #1029370
Lot Size0.40 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1600 Elm Dr E

This exquisite 4-bed, 3-bath, 3,457 sq ft Riverview home on a private cul-de-sac lot offers captivating water views & a host of luxury features. The kitchen shines with granite countertops, stainless appliances, & updated cabinetry. Inside, original hardwood floors run throughout, complemented by a cozy gas fireplace, an updated primary bedroom with balcony access showcasing stunning, unobstructed river vistas, & electric storm shutters for added security. Outdoors, an electronic gated entry leads to a spacious yard with a full dock and electric boat lift, a detached guest cottage, outdoor sauna, and shed. The screened lanai features a heated saltwater pool & hot tub, providing a luxurious retreat for relaxation & entertaining. The home's ideal location is close to Manatee Elementary, the new Burrows West shopping & dining options & offers easy access to I-95. The community enhances this welcoming neighborhood feel with nearby attractions, making it a remarkable place to call home.

Property Details

Property Features

Property Information:

  • Year Built: 2008
  • Stories: 2
  • Living Area: 3,457 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC
  • Office Phone: (321) 214-8400
  • Listing Agent: DeWayne Carpenter

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer, Water Softener
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Nook, Built-in Features, Ceiling Fan(s), Open Floorplan, Pantry, Walk-In Closet(s)
  • Fireplace: Free Standing

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: River, Water
  • Exterior: Boat Lift, Storm Windows

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener, Gated, Secured

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: US 1 N/S to E Elm Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $376/SqFt

Tax Information:

  • Annual Amount: $8,216
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$420K

Med. Price/SqFt

$236

Avg. Days On Market

65

# of Sold Homes

183

1600 Elm Dr E vs Melbourne

35 DAYS ON ROCKET

-30 Days

$1,300,000

+$879.9K More

$376/SqFt

+$139 More

KEY TAKEAWAY

This property is $879.9K more than the Median Sold Price and $139/SqFt more than other homes in Melbourne, 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: #1029370

Listing Office:

  • Office Name: Compass Florida, LLC
  • Office Phone: (321) 214-8400
  • Listing Agent: DeWayne Carpenter

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: 12/17/2024, 11:51:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 22, 2005Home Sold
$500,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,216$611,090
2019$8,616$597,360
2018$8,751$581,020
2017$8,751$569,070

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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-4401547
6
/10
  • Sherwood Elementary School

  • 2541 Post Rd

  • 1.06 miles

  • Public District Grades PK-6

school-card-donut-4401548
9
/10
  • Longleaf Elementary School

  • 4290 N Wickham Rd

  • 1.61 miles

  • Public District Grades PK-6

school-card-donut-4401549
3
/10
  • Dr. W. J. Creel Elementary School

  • 2000 Glenwood Dr

  • 2.40 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,238. Residents of Melbourne, FL typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1600 Elm Dr E

What is the listing price of this property?

The listing price of 1600 Elm Dr E property is $1,300,000.

What type of property is this?

The property 1600 Elm Dr E is a house located in Melbourne, Florida, 32935.

Is this property for sale now?

Accepting Backup Offers: 1600 Elm Dr E 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 $8,216 (source: MLS/based on county public records data).

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

The last sale was on April 22, 2005 for $500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1600 Elm Dr E has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1600 Elm Dr E is 3,457 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1600 Elm Dr E is 2008.

Rocket HomesFloridaBrevard CountyMelbourne329351600 Elm Dr E

This home is located at 1600 Elm Dr E in Melbourne, FL and zip code 32935 in the Indian River Estates neighborhood. This 3,457 square foot home, which was built in 2008, sits on a 0.40 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $1,300,000.

In November 2024 more than 6 listings in Melbourne, FL were sold above the asking price. During the same period more than 43 listings were sold at asking price, while more than 134 were sold below. In November 2024 in Melbourne, FL there were 2.9% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $420,005, while the average time on the real estate market was 65 days.

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

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