Highly desirable 1 acre lot in gated community of 5 estate sized home sites. Deep water artesian well already installed. Soil testing and boundary survey completed in 2023. Beach access is a 5 minute stroll away. Located close to Publix, restaurants, 2 golf courses, and hiking trails. Short drive to Melbourne Beach proper, Sebastian Inlet and Vero Beach's famous Ocean Drive. Low HOA dues.
Property Details
Property Features
Listing Office:
Office Name: Tozzolo & Associates RE LLC
Office Phone: (772) 388-3322
Listing Agent: Wayne R Tozzolo
Exterior Features
Exterior Information:
Waterfront: Canal
View: Canal
Lot Features
Lot Information:
Lot: Few Trees, Waterfront
Lot Size: 1.00 Acres
Other
Directions Information:
Directions: 7 miles south of Ocean Ave. in Melb. Beach. Turn right on Atlantic Dr. Turn left on Palmetto. Road splits, turn right onto Malabar, first right is gated entrance to Crystal Bay Lane.
Price Information
Listing Price Info
Price Summary:
List Price: $450,000
Tax Information:
Annual Amount: $2,718
Tax Year: 2020
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,313
Per Month
Principal & Interest
$2,246
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)
$0
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
$1,416
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
3
/10
Palm Bay Elementary School
1200 Alamanda Rd NE
Distance between this listing and this school5.38 miles
Public District Grades PK-6
10
/10
Gemini Elementary School
2100 Oak St
Distance between this listing and this school5.41 miles
Public District Grades KG-6
6
/10
Port Malabar Elementary School
301 Pioneer Ave NE
Distance between this listing and this school6.26 miles
Public District Grades PK-6
Nearby Schools
6
/10
Royal Palm Charter School
7145 Babcock St NE
Distance between this listing and this school6.29 miles
Public Charter Grades KG-8
4
/10
Palm Bay Academy Charter School
2112 Palm Bay Rd NE
Distance between this listing and this school6.59 miles
Public Charter Grades KG-8
2
/10
Stone Magnet Middle School
1101 E University Blvd
Distance between this listing and this school7.52 miles
Public Magnet Grades 7-8
Nearby Schools
3
/10
Palm Bay Magner High School
101 Pirate Ln
Distance between this listing and this school7.54 miles
Public Magnet Grades 9-12
6
/10
Odyssey Charter School
1755 Eldron Blvd SE
Distance between this listing and this school8.63 miles
Public Charter Grades KG-12
7
/10
Pineapple Cove Classical Academy
6162 Minton Rd NW
Distance between this listing and this school9.52 miles
The neighbors living near this home have an average income of $68,353. Residents of Melbourne Beach, FL typically earn between $35k-100k each year. The majority of 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 221 Crystal Bay Ln
What is the listing price of this property?
The listing price of 221 Crystal Bay Ln property is $450,000.
What type of property is this?
The property 221 Crystal Bay Ln is land located in Melbourne Beach, Florida, 32951.
Is this property for sale now?
Active Listing: 221 Crystal Bay Ln 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 $2,718 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 221 Crystal Bay Ln in Melbourne Beach, FL and zip code 32951. This home sits on a 1.00 acre lot. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $450,000.
In October 2024 more than 0 listings in Melbourne Beach, FL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 16 were sold below. The number of homes for sale in Melbourne Beach, FL increased by 2.6% between September 2024 and October 2024. The median list price of listings available in October 2024 was $714,500, while the average time on the real estate market was 139 days.
From Rocket Homes Real Estate and based on county public records data.