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Backup Offers

1501 Oak St, Melbourne Beach, FL, 32951

$1,049,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,788 SqFt
$587/SqFt
House
Schools Nearby

Location

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1501 Oak St, Melbourne Beach$1,049,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, RV Access/Parking
Attached Garage2 spaces
Year Built2016
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewPool
Private PoolYes
MLS #1011021
Lot Size0.31 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1501 Oak St

Like new, quality built, energy efficient home in the heart of quaint, downtown Melbourne Beach enjoying an Ocean access and River access with community boat ramp just a short stroll in either direction. The privacy is unmatched in the newly expanded back yard with lush landscaping & high end fencing creating the perfect border for the custom, lagoon bottom pool with a brand new heater. Loads of natural light throughout the interior with airy, volume ceilings & the kitchen flows seamlessly into the living and dining spaces and out to the spacious, covered lanai. Shown by appointment, so make yours ASAP !

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2016
  • Stories: 1
  • Living Area: 1,788 SqFt

Listing Office:

  • Office Name: One Sotheby's International
  • Office Phone: (321) 984-3135
  • Listing Agent: David Settgast

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Ceiling Fan(s), Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Pool
  • Exterior: Courtyard

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, RV Access/Parking

Virtual/3D Tour

  • Virtual Tour: 1501 Oak St

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Sprinklers In Front, Sprinklers In Rear
  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Melbourne High School, Public District Grades 9-12
  • Herbert C. Hoover Middle School, Public District Grades 7-8
  • Gemini Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: On the corner of Oak St and Fifth Ave, just South of downtown Melbourne Beach ( Ocean Ave)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,049,000
  • Price Per SqFt: $587/SqFt

Tax Information:

  • Annual Amount: $5,366
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$660K

Med. Price/SqFt

$354

Avg. Days On Market

56

# of Sold Homes

14

1501 Oak St vs Melbourne Beach

13 DAYS ON ROCKET

-43 Days

$1,049,000

+$389K More

$587/SqFt

+$233 More

KEY TAKEAWAY

This property is $389K more than the Median Sold Price and $233/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: #1011021

Listing Office:

  • Office Name: One Sotheby's International
  • Office Phone: (321) 984-3135
  • Listing Agent: David Settgast

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: 4/29/2024, 10:20:23 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

Dec 22, 2015Home Sold
$195,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,366$360,660
2019$5,318$352,560
2018$5,250$345,990
2017$5,250$338,880

History based on county public records data.

Payment Calculator

$5,303

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,211

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.

Elementary School

school-card-donut-3382346
10
/10
  • Gemini Elementary School

  • 2100 Oak St

  • 0.71 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3382347
5
/10
  • Herbert C. Hoover Middle School

  • 2000 Hawk Haven Dr

  • 2.79 miles

  • Public District Grades 7-8

High School

school-card-donut-3382348
5
/10
  • Melbourne High School

  • 74 Bulldog Blvd

  • 4.07 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,582. Most Melbourne Beach, FL residents have annual incomes between $100k-200k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1501 Oak St

What is the listing price of this property?

The listing price of 1501 Oak St property is $1,049,000.

What type of property is this?

The property 1501 Oak St is a house located in Melbourne Beach, Florida, 32951.

Is this property for sale now?

Accepting Backup Offers: 1501 Oak St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1501 Oak St are:
Gemini Elementary School: GreatSchools Rating 10/10
Herbert C. Hoover Middle School: GreatSchools Rating 5/10
Melbourne High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,366 (source: MLS/based on county public records data).

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

The last sale was on December 22, 2015 for $195,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1501 Oak St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1501 Oak St is 1,788 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1501 Oak St is 2016.

Rocket HomesFloridaBrevard CountyMelbourne Beach329511501 Oak St

This home is located at 1501 Oak St in Melbourne Beach, FL and zip code 32951. This 1,788 square foot home, which was built in 2016, sits on a 0.31 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $1,049,000.

In March 2024 more than 2 listings in Melbourne Beach, FL were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 10 were sold below. The number of listings in Melbourne Beach, FL increased by 12.9% between February 2024 and March 2024. While the average time on the market in March 2024 was 56 days, the median list price was $660,000.

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

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