END OF THE YEAR
Br
e va r d
Market Report
Satellite Beach Office 1550 Highway A1A Satellite Beach, FL 32937
Indialantic Office 232 5th Avenue Indialantic, FL 32903
MARKET REPORT 2017 Brevard Beachside Year End Real Estate
Steady Sales Leads to Healthy Beachside Market If your dream was to buy an affordable home beachside in Brevard, sorry to say it but gone are the days when the Brevard Beachside housing market was the best kept secret on the Space and Treasure Coast. Inventory under $250K is scarce and when it is available it flies off the shelf, being on the market less than 3-4 weeks. If you find a property under $250k that you like, offer high and cross your fingers that you don’t get outbid. Cash is king especially as we are finding appropriate appraisals can be tough when securing a loan. However the market above $500k is very stable. While homes in this segment are also selling briskly there’s a comfortable balance in negotiating power between buyers and sellers. With inventory just over 6 months, we are likely to see prices continuing to stay stable.While overall prices increased for beachside single family homes, 2
the 11% increase had more to do with a high number of units sold at the higher price point over $1mil rather than an overall price appreciation. 2018 should see similar, modest overall growth in prices with an expected increase of 4-6%, however, with similar sales for higher priced units expected, the average price increases will continue to be artificially inflated in the double digit range. Pricing a home correctly remains one of the determining factors on if your Beachside home will sell quickly. Call your favorite Coldwell Banker Paradise agent for your free home evaluation today. Or call our offices at 321-951-3300 or in Satellite Beach at 321-222-9449. With eleven offices covering 135 miles of Florida’s East Coast, Coldwell Banker Paradise is the largest full service real estate company in the area.
www.FLColdwellBanker.com
Brevard Beachside
RECENTLY SOLD
SOLD $1,175,000
754 Loggerhead Island Drive
SOLD $859,000
www.FLColdwellBanker.com
SOLD $685,000
859 Loggerhead Island Drive
499 Lighthouse Landing
SOLD $600,000
1426 Florida A1A #201
SOLD $525,000
745 Verbenia Drive
SOLD $490,000
SOLD $489,000
SOLD $468,000
SOLD $615,000
417 Tortoise View Circle
SOLD $466,000
301 Dunmore Court
436 Eagle Drive
SOLD $400,000
485 Cardinal Drive
416 Red Sail Way
Homes selling fast! Call to see how much your home is worth! 321-222-9449 or 321-951-3300
711 Palm Drive
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WHERE EXCELLENCE LIVES
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8333 S HIGHWAY A1A S, MELBOURNE BEACH, FL 32951
200 SUNDANCE LANE, MERRITT ISLAND, FL 32952
This beautiful oceanfront home has 6 bedrooms and 6 bathrooms. Built as a condominium/duplex. Amazing possibilities for this beachfront property. There are so many options! $2,198,000
Private 1200’ driveway leads to this beautifully detailed 2+ acre direct Indian River estate. A tropical retreat overlooking a deep water dock and two covered boat slips and lift. $2,100,000
Represented by: Sarah Munkacsy 321-890-2382 | sarah@sarahmunkacsy.com
Represented by: Bea Linda Jaffe and Michael Jaffe Mike: 321-258-3443 | bea.jaffe@coldwellbanker.com
847 MALIBU LN, INDIALANTIC, FL 32903
9235 SE BABCOCK ST SE, PALM BAY, FL 32909
One of the most Spectacular Vistas of the Indian River Lagoon. Home and the Deck on the Outermost Point of the Lot Located at the Mouth of a deep water canal and the Lagoon. $1,399,000
Equestrian Palace, fully fenced with grand entrance gate, and a pond on 7.53 acres. Twin oval staircase with marble steps. Chef’s kitchen, butlers pantry and top of the line appliances. $949,000
Represented by: Anthony Scaramouche 321.536.2775 | anthonyscaramouche@cfl.rr.com
Represented by: Robenson Juste and Debbie Fitzgerald Robenson 772.971.2431 | Debbie 772.812.3300
www.FLColdwellBanker.com
395 ATZ RD, MALABAR, FL 32950
113 SEAGRAPE RD, MELBOURNE BEACH, FL 32951
RARE FIND on 19.70 acres in the beautiful town of Malabar in a quiet country setting, centrally located, minutes to I-95, hospital, shops, ocean, beach, Embraer, Harris & mall. $750,000
Country living at the beach!! Mother/Daughter home near Ocean and River and Vero Beach. Top of the line everything! Complete renovation 2005 w/ gourmet kitchen. $739,000
Represented by: Lori A. Jelley 321.536.9133 | catchinhook@aol.com
Represented by: James Warburton 321.795.1885 | jimrealty2@gmail.com
340 BAY POINT DR, MELBOURNE, FL 32935
5315 HIGHWAY 1, GRANT VALKARIA, FL 32949
Breathtaking view of the Cove. Entranct to Eau Gallie Harbour & Eau Gallie Causeway. Pavered circular drive leads to this jewel of waterfront homes. Overlooks unsurpassed view. $725,000
Impeccable Riverfront home. Resort style Intracoastal living. Expansive views of wildlife in its natural habitat. Perfect for bird watchers and water enthusiasts. Watch the manatees and dolphins! $719,000
Represented by: Linda Coleman 321.543.6033
Represented by: Susan Maitner Susan 772.913.0222 | SMaitner@bellsouth.net
Indialantic Office 321.951.3300
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WHERE EXCELLENCE LIVES
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2140 SYKES CREEK DR, MERRITT ISLAND, FL 32953
4955 S HIGHWAY 1, GRANT VALKARIA, FL 32949
Situated on Sykes Cove large 4B 2.5BA private pool home with plantation shutters throughout. Private 30Ft. boat dock just minutes’ boat ride to the ocean. Split bedroom floorplan. $699,900
Custom, turn-key home built on a block and concrete stem wall. Solid block and poured concrete from top to bottom. Many unique safety features. When you are ready to leave, just flip a switch. $645,000
Represented by: Robenson Juste and Debbie Fitzgerald Robenson 772.971.2431 | Debbie 772.812.3300
Represented by: Susan Maitner 772.913.0222 | SMaitner@bellsouth.net
689 MANDALAY GROVE CT, MERRITT ISLAND, FL 32953
5430 CALDER DR, MELBOURNE, FL 32940
Executive home in a gated community. Beautifully landscaped yard and inviting front porch. This is a home for a large family or entertaining. Expansive entryway opens to formal seating area. $622,000
New to-be-built home in prestigious St. Andrews Manor will exceed your expectations! Open concept design flows beautifully for daily living and entertaining! Spacious gourmet kitchen. $581,770
Represented by: The Munkacsy Team Alan 321.704.3735 | Sarah 321.890.2382
Represented by: Cristina Maria Quintana & Bea Linda Jaffe Cristina: 407.947.8620 | Bea Linda 321.951.3300
www.FLColdwellBanker.com
18259 SW 54TH ST, MIRAMAR, FL 33029
9448 52ND CT, SEBASTIAN, FL 32958
Single Story 4/3, on one of Sunset Falls Premium Lake Front Lots, (Only 2) that has barely been lived in since it was built and has been finished inside and outside by Designers and Professionals. $549,000
Direct Riverfront. Unobstructed views from this 3/3/1 fully furnished townhome located minutes to Sebastian Inlet. 1st & 2nd floor balconies overlook the intercostal, incl private dock w/boat lift. $525,000
Represented by: Michael Belcher 305.798.1564 | michael.belcher@coldwellbanker.com
Represented by: Dustin Haynes 772.205.1931 | Dustin@VeroBeachProperty.com
489 12TH SE PLACE,VERO BEACH 32962
270 SEAGLASS DR, MELBOURNE BEACH, FL 32951
Gated community of Ocean Ridge in Melbourne Beach.Very unique lot being .30 acre, on a quiet cul-de-sac. Beautiful views of the Indian River in front and beautiful lake views in your back yard. $498,900
In Wingate, on a Cul de Sac. near community pier overlooking the beautiful Indian River. Enjoy spectacular sunsets. It is a short walk to communities private access to the pristine beaches. $485,000
Represented by: Elizabeth Dore 321.536.0645 | erdyoga@bellsouth.net
Represented by: Sylvia Cooney, P.A. 321.604.6510 | sylviecoonie@outlook.com
Satellite Beach Office 321.222.9449
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Serving Over 130 Miles on the Space & Treasure Coast
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472 CARDINAL DR, SATELLITE BEACH, FL 32937
1811 HWY A1A 2404, INDIAN HARBOUR BCH, FL 32937
Live the Florida dream in deep water canal home with private free-form pool in Waterway Estates. $464,900 Represented by:Teresa Ferrara and Joseph Ferrara Teresa: 321.626.4192 | Joseph: 321.258.1361
Top floor 3/2 with a stunning, unobstructed, panoramic view of the Atlantic Ocean $459,000 Represented by: Marcella Goff 859.437.0417 | marcella.goff@coldwellbanker.com
170 OCEAN RIDGE DR, MELBOURNE BCH, FL 32951
3182 RICKS WAY, MELBOURNE BEACH, FL 32951
3/2 with some very desirable features including a heated salt water pool, outdoor kitchen and more. $449,000 Represented by: Sarah Munkascsy 321.890.2382 | sarah@sarahmunkacsy.com
Townhome in desirable Beachwoods. Stainless steel appl, solid surface countertops, open concept. $389,000 Represented by: Alan Munkacsy and Peter Hopkins Alan: 321.704.3735 | Peter 772.299.8240
4304 LONG LAKE RD, MELBOURNE, FL 32934
870 NE VIGNOLES AVE NE 5, PALM BAY, FL 32905
On .86 of an acre of land on corner lot located in the quiet neighborhood of Windover Farms. $379,900 Represented by: Elizabeth Dore 321.536.0645 | erdyoga@bellsouth.net
3 level end unit KEY WEST style 3 BD 31/2 BA is in a GATED COMMUNITY in a park-like setting! $349,000 Represented by: Bill Czechowski 321.651.5570 | wlczech@hotmail.com
www.FLColdwellBanker.com
We Have Over 280 Full time, Licensed REALTORSÂŽ
328 DEER RUN RD, PALM BAY, FL 32909
315 PINTO LN, PALM BAY, FL 32909
Charming & well maintained home on almost 3 acres of beautiful property zoned for horses. $330,000 Represented by: Susan Maitner 772.913.0222 | SMaitner@bellsouth.net
Pool home in coveted Equestrian Deer Park Community. Warm, welcoming home full of light. $290,000 Represented by: Susan Maitner 772.913.0222 | SMaitner@bellsouth.net
1616 21ST ST SW,VERO BEACH, FL 32962
3663 WHISPERWOOD CIR, MELBOURNE, FL 32901
City Water corner lot POOL Home with 2,000+ square feet, 4 bedroom, 3 full bath, deep 2 car garage. $284,500 Represented by: Lori Jelley 321.536.9133 | catchinhook@aol.com
City water, 2588 sf, open and spacious concrete home with lots of natural light seeping inside. $264,900 Represented by: Lori Jelley 321.536.9133 | catchinhook@aol.com
9845 HONEYSUCKLE DR, MICCO, FL 32976
59 BERKELEY ST, SATELLITE BEACH, FL 32937
Cozy home with huge oversized fenced yard, pool and hot tub. Plenty of additional parking. $252,000 Represented by: Susan Maitner 772.913.0222 | SMaitner@bellsouth.net
Unique property! 2 bedroom, 2 bath end unit townhome includes half vacant lot to the east. Location! $249,900 Represented by: Sandy Legere 321.626.0041 | sandylegere@gmail.com
Indialantic Office 321.951.3300
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MARKET REPORT 2017 Brevard Mainland Year End Real Estate
Vibrant and Robust Brevard Housing Market Outpaces all Others
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The Brevard housing market has become the most
year over year. With announced expansions from
vibrant along the Central Florida eastern coast. Jobs,
various companies we consider both trends likely to
jobs and more jobs with good incomes continue to
continue. New home construction is the bright spot
be added in various tech fields. For
of home for affordable housing
starter homes and those looking
options. Pricing a home correctly
for deals under $250k, this isn’t
remains one of the determining
necessarily good news as inventory
factors on if your Brevard
continues to be very scarce with
County home will sell quickly.
less than 1.5 months inventory and
Call your favorite Coldwell
barely three months supply in the
Banker Paradise agent for your
$250k-500K market. Prices however
free home evaluation today. Or
remained stable, most likely being held down by
call our offices at 321-951-3300. With eleven offices
the buyers ability to pay more with all the tech
covering 135 miles of Florida’s East Coast, Coldwell
employment happening locally. The $500k+ market
Banker Paradise is the largest full service real estate
continues to grow with sales up well over 30% in units
company in the area.
www.FLColdwellBanker.com
Brevard Mainland
RECENTLY SOLD
www.FLColdwellBanker.com
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Buying? Selling? Renting? Investing? Discover the Coldwell Banker Real Estate Difference
Trust the Company that dominates the Industry
321.951.3300
321.222.9449
232 5th Ave., Indialantic
1500 Hwy. A1A, Satellite Beach