46
Map
$285,000
↓ $5K (1.7%)
●
Condo -
For Sale
1010 Pine Tree Drive #202
Indian Harbour Beach, FL 32937
2 Beds
2 Baths
1,215 Ft²
$1,825
Est. Monthly
$425
HOA / Fees
7.35%
Cap Rate
About This Property
2 bedroom 2 bath Condo on 2nd floor. This unit has successfully
been used as a short-term vacation rental since the condo docs do
not restrict it. Indian Harbour Beach is on a barrier island on the
Intracoastal Waterway. It's a short walk or bike ride to the public
beach park access. Pine Tree Condos are located close to The Kiwi
Tennis Club, Eau Gallie Yacht Club, Gleason Park, Algonquin Sports
Complex, Bicentennial Beach Park, Tel Mar Marina, and Oars and
Paddles Park. Beach Lovers, Kayakers, Boaters, this is a
great place to enjoy the salt life. Both bedrooms are
upstairs. The kitchen, living room, and balcony are on the
downstairs floor. The AC, windows, and water heater are new in
2020. Roof was replaced 6 or 7 years ago. Assigned parking spot
directly in front of unit. Professionally managed Condo Assn.
Monthly Fee $425. Community pool. Laundry is inside the unit.
Unit Size
1,215 Ft²
Days on Market
175 days
Land Size
0.04 acres
Price per sqft
$235
Property Type
Condo
Property Taxes
-
HOA Dues
$425
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Space Coast MLS #1077667)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2026 | Price Decreased |
$285,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Jul 29, 2026 | Price Decreased |
$290,000
↓ $9K
(3%) | |
| Price Decreased | |||
| Jul 21, 2026 | Price Decreased |
$299,000
↓ $6K
(2%) | |
| Price Decreased | |||
| Jun 11, 2026 | Price Decreased |
$305,000
↓ $13K
(4.1%) | |
| Price Decreased | |||
| May 18, 2026 | Listed by Coldwell Banker Realty | $318,000 | |
| Listed by Coldwell Banker Realty | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Assigned, Parking Lot
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Split Bedrooms
Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring Type: Tile
Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup
Rooms: 7
Exterior Details
Has Property Attached
Square Footage: 1215
Square Footage Source: $0
Year Built: 1985
Levels: Two
Construction Materials: Block, Concrete, Frame, Stucco
Patio and Porch Features: Covered, Rear Porch, Screened
Lot Features: Many Trees
Lot Size Area: 0.04
Lot Size Units: Acres
Lot Size Acres: 0.04
Lot Size Square Feet: 1742.4
Water Source: Public
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA/Condo/Coop Amenities: Maintenance Grounds, Management, Pool
HOA Fee: $425
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/28/2026
|
2 Bed
|
2 Bath
|
1140 ft²
|
$320,000
2 Bed
2 Bath
1140 ft²
|
$307,500
-3.91%
04/16/2026
|
Sandra Sheibani
One Sotheby's International
| |
|
06/04/2024
|
2 Bed
|
2 Bath
|
1215 ft²
|
$295,000
2 Bed
2 Bath
1215 ft²
|
$285,000
-3.39%
06/28/2024
|
Kayla Adamson
Denovo Realty
| |
|
07/17/2022
|
2 Bed
|
2 Bath
|
1140 ft²
|
$330,000
2 Bed
2 Bath
1140 ft²
|
$310,000
-6.06%
08/18/2022
|
Jeanne Boniello
EXP Realty, LLC
| |
|
05/19/2022
|
2 Bed
|
2 Bath
|
1140 ft²
|
$300,000
2 Bed
2 Bath
1140 ft²
|
$302,000
+0.67%
06/10/2022
|
Jeanne Boniello
EXP Realty, LLC
| |
|
09/14/2016
|
2 Bed
|
2 Bath
|
1140 ft²
|
$119,000
2 Bed
2 Bath
1140 ft²
|
$118,000
-0.84%
11/18/2016
|
Victoria Lichti
Atlantic Properties & Inv, Inc
| |
|
07/01/2015
|
2 Bed
|
2 Bath
|
1215 ft²
|
$99,700
2 Bed
2 Bath
1215 ft²
|
$95,000
-4.71%
05/23/2016
|
Gina Caccamo
C. Apollo Realty Inc
| |
|
03/16/2015
|
2 Bed
|
2 Bath
|
-
|
$75,000
2 Bed
2 Bath
|
$75,000
04/01/2015
|
Mischel Ostovich
Derrick Real Estate Group, Inc
| |
|
09/19/2014
|
2 Bed
|
2 Bath
|
1215 ft²
|
$78,500
2 Bed
2 Bath
1215 ft²
|
$76,900
-2.04%
10/27/2014
|
Laureen Trent
Host Realty, Inc.
| |
|
03/20/2014
|
2 Bed
|
2 Bath
|
-
|
$114,900
2 Bed
2 Bath
|
$105,500
-8.18%
08/28/2014
|
Michael Booth Grayson
Endless Summer Real Estate
| |
|
11/12/2013
|
2 Bed
|
2 Bath
|
1215 ft²
|
$85,400
2 Bed
2 Bath
1215 ft²
|
$82,500
-3.40%
08/05/2014
|
Leann Schneider
Grand Star Realty of Brevard
| |
|
05/16/2013
|
2 Bed
|
2 Bath
|
1140 ft²
|
$79,900
2 Bed
2 Bath
1140 ft²
|
$67,000
-16.15%
01/24/2014
|
Laura Lewis
RE/MAX Solutions
| |
|
02/21/2012
|
2 Bed
|
2 Bath
|
1215 ft²
|
$74,900
2 Bed
2 Bath
1215 ft²
|
$72,500
-3.20%
05/01/2012
|
Laura Getsinger
Sell Florida Homes, Inc.
|
Building Info
1010 Pine Tree Drive
1010 Pine Tree Drive, Satellite Beach, FL 32937
- 1 Unit for Sale
About Seminole Heights
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Listed by: Laura E Gray, Coldwell Banker Realty
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1077667
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1077667
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