47
Map
$1,000,000
●
House -
Off Market
110 Spinnaker Street
Melbourne Beach, FL 32951
3 Beds
3 Baths,
1
Half Bath
2,757 Ft²
$1,273,064
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
Estate Pool Home situated on a very private .86 acre lot in the
desirable Marks Landing community in South Beaches! Property backs
up to the Maritime Hammock Sanctuary with wildlife and nature
trails, and the community has public beach access. This
Beautiful Stanley built home was designed with 12 ft ceilings, 8 ft
doors, archways, rounded edges, crown molding, and tray
ceilings in family room, living, dining and master bedroom. The
spacious master suite has French doors to the pool, and the 2
bedrooms have private baths attached. The exquisite kitchen will
delight anyone, has a breakfast bar for 8, and the
adjoining family room has retractable pocket sliders to maximize the indoor/outdoor living space. Oversized Four car garage, whole house generator, Accordion and Bahama Shutters.
adjoining family room has retractable pocket sliders to maximize the indoor/outdoor living space. Oversized Four car garage, whole house generator, Accordion and Bahama Shutters.
Unit Size
2,757 Ft²
Days on Market
28 days
Land Size
0.86 acres
Price per sqft
$435
Property Type
House
Property Taxes
-
HOA Dues
$15
Year Built
2016
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 5 months ago (Space Coast MLS #950414)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2022 | Sold | ||
| Sold | |||
| Nov 11, 2022 | Listed by One Sotheby's International | $1,200,000 | |
| Listed by One Sotheby's International | |||
| Oct 7, 2014 | Sold | ||
| Sold | |||
| Feb 12, 2010 | Listed by Premier Properties Real Estate | $289,000 | |
| Listed by Premier Properties Real Estate | |||
   | |||
|
Unusually large almost acre lot is so unique to the south beaches. Its bigger then most and located in upscale Mark's Landing, which is a quiet community, that has other large, stately homes. With a lot this size, a detached garage could maybe be built provided it is attached by covered walkway. Possible ocean views over the oak canapy w/ a two or three story home. Good size home can be built here! What a great opportunity to get an awesome lot that is tucked away & in an ever so private location. County beach access is right at the entrance of Mark's landing and is short walk from the lot. Build you dream home and get the layout and upgrades you desire and w/ new products and built to todays codes. It makes so much sense to build these days w/ the builders competing to get your business!
| |||
| May 6, 1998 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Marks Landing
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Lisa W Ellison, One Sotheby's International
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 950414
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: 5 months ago
Data Source: Space Coast MLS, MLS# 950414
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017