WaterfrontOcean Access, River Access, River Front, Intracoastal
ViewRiver, Water, Intracoastal
MLS #1018388
Lot Size0.03 Acres
StatusActive
About 205 Strand Dr Unit 401
Ocean to river living in this exquisite penthouse suite. This never lived in or rented 4th floor end unit breathes sophistication & elegance with lavish features throughout. The sweeping views among 10' floor to ceiling wrap around glass windows is what REALLY draws you in. The glass adorned balcony offers clear views of the river, the resort style pool & spa, the dock & boat slips. Stroll across A1A to your ocean access which includes a private shower & restroom facility after a day at the beach. The cutting edge kitchen includes state of the art JennAir appliances, radiant cooktop, stylish hood, deep sink, & wine refrigerator all overlooking the dining & living area with river views. The primary bedroom is remarkable with private balcony & a zen-like experience with soaking tub & rainfall shower w/bench. 2 more ensuites plus a guest bath makes this perfect for you or a savvy short term investor. Sunsets will never be the same after you have witnessed it here. Come see for yourself!
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 2022
Stories: 1
Living Area: 2,310 SqFt
Listing Office:
Office Name: RE/MAX Elite
Office Phone: (321) 752-5858
Listing Agent: Angela Lawless
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer, Wine Cooler
Flooring Type: Tile
Interior: Built-in Features, Ceiling Fan(s), Entrance Foyer, Guest Suite, His and Hers Closets, Kitchen Island, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s), Wet Bar
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Waterfront: Ocean Access, River Access, River Front, Intracoastal
Directions: South of Ocean Ave. Take Hwy A1A south to Strand Dr on the right. Take Straight back and condo will be straight in front of you. Take Hwy A1A North of Sebastian Inlet and Strand Dr will be on your left.
Price Information
Listing Price Info
Price Summary:
List Price: $1,725,000
Price Per SqFt: $747/SqFt
HOA Fees:
Amount: $934
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Melbourne Beach, FL.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,611
Per Month
Principal & Interest
$8,610
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$934
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,238
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Gemini Elementary School
2100 Oak St
Distance between this listing and this school1.32 miles
Public District Grades KG-6
3
/10
Palm Bay Elementary School
1200 Alamanda Rd NE
Distance between this listing and this school2.63 miles
Public District Grades PK-6
10
/10
Indialantic Elementary School
1050 N Palm Ave
Distance between this listing and this school4.70 miles
Public District Grades KG-6
Nearby Schools
4
/10
Palm Bay Academy Charter School
2112 Palm Bay Rd NE
Distance between this listing and this school3.79 miles
Public Charter Grades KG-8
2
/10
Stone Magnet Middle School
1101 E University Blvd
Distance between this listing and this school3.80 miles
Public Magnet Grades 7-8
5
/10
Hoover Middle School
2000 Hawk Haven Dr
Distance between this listing and this school4.80 miles
Public District Grades 7-8
Nearby Schools
3
/10
Palm Bay Magner High School
101 Pirate Ln
Distance between this listing and this school4.34 miles
Public Magnet Grades 9-12
6
/10
Melbourne High School
74 Bulldog Blvd
Distance between this listing and this school5.71 miles
Public District Grades 9-12
10
/10
West Shore Junior/Senior High School
250 Wildcat Aly
Distance between this listing and this school6.87 miles
The neighbors living near this home have an average income of $71,646. Typical income of Melbourne Beach, FL residents is between $35k-100k annually. Most 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 205 Strand Dr Unit 401
What is the listing price of this property?
The listing price of 205 Strand Dr Unit 401 property is $1,725,000.
What type of property is this?
The property 205 Strand Dr Unit 401 is a condo located in Melbourne Beach, Florida, 32951.
Is this property for sale now?
Active Listing: 205 Strand Dr Unit 401 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 205 Strand Dr Unit 401 has 3 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 205 Strand Dr Unit 401 is 2,310 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 205 Strand Dr Unit 401 is 2022.
This home is located at 205 Strand Dr Unit 401 in Melbourne Beach, FL and zip code 32951. This 2,310 square foot home, which was built in 2022, sits on a 0.03 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 01, 2024 and is currently priced at $1,725,000.
In October 2024, from all listings sold in Melbourne Beach, FL there were more than 0 sold above asking price, over 16 sold below and more than 1 were sold right at the asked price. Between September 2024 and October 2024, Melbourne Beach, FL real estate market has seen increase in the number of listings by 2.6%. In October 2024, listings were on the market for 139 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.