362 Nikomas Way, Melbourne Beach, FL 32951 (MLS# 1028385)

362 Nikomas Way, Melbourne Beach, FL 32951

$440,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/1028385

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,720 Lot Size (sq. ft.): 10,019 Status: Closed

Current Price: $440,000 List Date: 1/30/2025 Last Modified: 5/14/2025

Overview

Description

Charming Waterfront Opportunity! Discover the potential of this stunning 3-bedroom, 2-bathroom waterfront property nestled in a prestigious neighborhood just steps from the beach. Imagine coming home to the soothing sounds of waves and the luxury of waterfront living, with million-dollar homes surrounding you. This property is perfect for both investors and those searching for their forever home. This blank canvas can significantly increase its equity, making it a smart investment with high growth potential. Enjoy spacious rooms, breathtaking views, and close access to the beach—your dream of coastal living is within reach. Whether you're envisioning a serene retreat or an income-generating asset, this gem offers incredible flexibility and opportunity. Don't miss the chance to own a piece of paradise and maximize its value!

Listing Details MLS# 1028385

General Property Information

Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 1720
Living Area Source: Public Records
Accessibility Features YN: No
New Construction YN: No
Year Built: 1988
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Lot Size Acres: 0.23
Lot Size Square Feet: 10019
Association YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Water Body Name: Canal Navigational to Indian River
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Direction Faces: South
Senior Community YN: No
Pool Private YN: No
List Price/SqFt: 334.3
Sold Price/SqFt: 255.81
Bathrooms Half: 0

Property Features

Appliances: Dryer; Electric Oven; Microwave; Refrigerator; Washer Construction Materials: Block; Frame; Stucco; Vinyl Siding Cooling: Central Air Current Use: Residential; Single Family Electric: 200+ Amp Service Exterior Features: Storm Shutters Flooring: Carpet; Tile Heating: Central Interior Features: Eat-in Kitchen; Jack and Jill Bath; Pantry; Split Bedrooms Laundry Features: Electric Dryer Hookup; Lower Level; Washer Hookup Levels: Two Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Drainage Canal; Few Trees Parking Features: Garage Door Opener Patio And Porch Features: Deck; Porch; Screened Pets Allowed: Yes Possession: Close Of Escrow Water Body Access Type: Community Property Condition: Fixer; Updated/Remodeled Rental Restrictions: No Minimum Road Surface Type: Paved Roof: Metal Sewer: Septic Tank Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent Special Listing Conditions: Probate Listing Utilities: Electricity Connected; Water Available View: Canal; Protected Preserve; Water Water Source: Public Waterfront Features: Canal Front; River Access Showing Considerations: Occupied Room Types: Primary Bedroom

Contract Information

Original List Price: 640000
Listing Contract Date: 2024-10-30
Start Showing Date: 2024-11-11
Property Sub Type: Single Family Residence

Location Tax and Legal

Street Number: 362
Street Name: Nikomas
Street Suffix: Way
County: Brevard
State: FL
Postal Code: 32951
MLS Area Major: 385 - South Beaches
Subdivision Name: Sunnyland Beach Sec 7

Remarks and Miscellaneous

Public Remarks: Charming Waterfront Opportunity! Discover the potential of this stunning 3-bedroom, 2-bathroom waterfront property nestled in a prestigious neighborhood just steps from the beach. Imagine coming home to the soothing sounds of waves and the luxury of waterfront living, with million-dollar homes surrounding you. This property is perfect for both investors and those searching for their forever home. This blank canvas can significantly increase its equity, making it a smart investment with high growth potential. Enjoy spacious rooms, breathtaking views, and close access to the beach—your dream of coastal living is within reach. Whether you're envisioning a serene retreat or an income-generating asset, this gem offers incredible flexibility and opportunity. Don't miss the chance to own a piece of paradise and maximize its value!

Status Change Information

Major Change Timestamp: 2025-05-14T13:45:28Z
Major Change Type: Status Change
Price Change Timestamp: 2025-01-30T16:59:52Z
Status Change Timestamp: 2025-05-14
Purchase Contract Date: 2025-02-14
Close Date: 2025-05-09
Close Price: 440000

More Information

DPR Eligible

DPR Eligible: Yes

Legal Details

Permission Granted to Advertise: Yes

Location, Tax, and Legal

Tax Account: 2956593
Parcel Number: 29-38-26-Kd-0000e.0-0017.00
General County Location: South
Elementary School: Gemini
Middle School: Hoover
High School: Melbourne
Tax Year: 2024
Tax Legal Description: SUNNYLAND BEACH SEC 7 LOT 17 BLK E
Directions: Right on A1A coming from 192. Left at Ocean ave. Right on Woody Cir. Left on Mohican. Right on Nikomas, The house will be on the right.

Appliances

Dryer: Yes
Electric Oven: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

Block: Yes
Frame: Yes
Stucco: Yes
Vinyl Siding: Yes

Cooling

Central Air: Yes

Current Use

Residential: Yes
Single Family: Yes

Electric

200+ Amp Service: Yes

Exterior Features

Storm Shutters: Yes

Flooring

Carpet: Yes
Tile: Yes

Heating

Central: Yes

Interior Features

Eat-in Kitchen: Yes
Jack and Jill Bath: Yes
Pantry: Yes
Split Bedrooms: Yes

Laundry Features

Electric Dryer Hookup: Yes
Lower Level: Yes
Washer Hookup: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Lot Features

Drainage Canal: Yes
Few Trees: Yes

Parking Features

Garage Door Opener: Yes

Patio And Porch Features

Deck: Yes
Porch: Yes
Screened: Yes

Pets Allowed

Yes: Yes

Possession

Close Of Escrow: Yes

Water Body Access Type

Community: Yes

Road Surface Type

Paved: Yes

Roof

Metal: Yes

Sewer

Septic Tank: Yes

Special Listing Conditions

Probate Listing: Yes

Utilities

Electricity Connected: Yes
Water Available: Yes

View

Canal: Yes
Protected Preserve: Yes
Water: Yes

Water Source

Public: Yes

Waterfront Features

Canal Front: Yes
River Access: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes

Showing Considerations

Occupied: Yes

Property Condition

Fixer: Yes
Updated/Remodeled: Yes

Rental Restrictions

No Minimum: Yes

Room Types

Primary Bedroom: Yes

Room Information

Primary Bedroom

Listing Office: Arium Real Estate, LLC

Last Updated: May - 14 - 2025

Information is deemed to be reliable, but is not guaranteed.