1534 Boca Rio DRIVE, Melbourne, FL, 32940 | $559,900

STUNNING WATER VIEWS! Back on the Market! Financing fell through. Fabulous Single-Family Home situated on a Waterfront/Conservation property in the highly desirable Gated Community of Club Grand Isle! This 55+ neighborhood is an active community with amenities galore and a low HOA of only $290 a month. Pride in ownership shows in this extremely well maintained and updated property. Lots of natural light, neutral colors, soaring volume ceilings and plantations and hurricane shutters adorn this 3-Bedroom, 2 full bath home. This is the popular Grand Villa Model and rare to the market. Upon entering the glass storm door is the living room and dining room. The elegant entrance features an arched wall niche, upgraded wood floors and high ceilings. The connecting dining room has wall sconces and an updated chandelier. Past the dining room you enter into the kitchen, which features granite countertops, stainless steel appliances, solid wood cabinetry, new light fixtures and a large center island with bar seating. Adjacent is the matching built-in desk. The kitchen opens to the spacious family room, which is perfect for entertaining! The family room has vaulted ceilings, porcelain tile floors and French doors that lead to the Florida Room and Lanai. The glass enclosed sunroom offers beautiful lake and unobstructed conservation views. Enjoy the cool evening breezes and Florida sunsets from your little piece of paradise! Your backyard neighbors are ducks, herons, egrets and birds! The primary bedroom ensuite boosts an additional room which could make a perfect office, reading, meditation or exercise room. This flex space has a large picture window which looks out over the sunroom and backyard. The two additional bedrooms have carpet, new ceiling fans and closet-built ins. The 3rd bedroom has a built-in Murphy Bed with added wood shelves. This home has been maintained extremely well and meticulously cared for. The roof was replaced in 2018.
It is a part of the master-planned community of Viera. The community has 336 single-family homes designed around lakes, rivers and conservation. The community has a luxurious club called Club Grand Isle. The clubhouse has 6, 200 square feet of social space with high-class amenities such as a fitness center, billiards room, library-activity room, community room, ballroom, catering kitchen, tennis court, pickleball court, bocce ball courts, shuffleboard, and a resort-style pool with spa and veranda and is conveniently located near major transportation routes, medical facilities, beaches, shopping centers, restaurants, and golf courses. The activities director ensures residents are having fun and keeps their social calendar full of fun options and seasonal events! Come be part of this fabulous community on your lake front property! Welcome Home!

Features

  • Amenities: Clubhouse, Fitness Center, Gated, Maintenance, Park, Pickleball Court(s), Pool, Recreation Facilities, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Rooms: 10
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 80 x
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Contemporary
  • Year Built: 2004
  • Garage: 2-car Driveway, Garage Door Opener, Ground Level
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,011
  • Acreage: 0.18
  • Lot Size: 80 x
  • Est. Taxes: $3,288
  • HOA Fee: $290 Monthly
  • Lot Desc: Conservation Area, City Lot, In County, Key Lot, Landscaped, Private, Sidewalk
  • View: Trees/Woods, Water
  • Elem. School: Riviera Elementary
  • Middle School: JOHN F. KENNEDY MIDDLE SCHOOL
  • High School: Viera High School
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: T3499317
  • Days on Market: 34 days
  • Website: https://www.raveis.com
    /prop/T3499317/1534bocariodrive_melbourne_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/11/2024 8:32:11 AM)
Listing courtesy of MV REALTY PBC LLC   Phone: 561-350-0272

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1534 Boca Rio DRIVE, Melbourne, FL, 32940

$559,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $447,920 $447,920 $447,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.282% 6.538%
Monthly Tax Payment $274 $274 $274
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,056 $3,018 $3,841
Total Monthly Payment $3,422 $3,384 $4,207

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.