$37,450
●
Land -
Off Market
1134 Glenham Drive NE
Palm Bay, FL 32905
Studio
0 Bath
$39,651
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
TWO CITY WATER LOTS TOTALING MORE THAN A THIRD OF AN ACRE! THIS
SUNNY NEIGHBORHOOD IS SETTLED ALONG THE STREAMS OF TURKEY CREEK &
IT'S A 4-MINUTE DRIVE TO THE TURKEY CREEK SANCTUARY FEATURING
NATURE TRAILS & WILDLIFE HABITATS. PALM BAY ELEMENTARY IS A
1-MINUTE BIKE RIDE OR 4-MINUTE WALK. STONE MIDDLE SCHOOL & PALM BAY
HIGH ARE EACH AN 8-MINUTE DRIVE. THE BUSTLING PALM BAY ROAD
CORRIDOR IS 2 MINUTES NORTH, OFFERING A LONG LIST OF SHOPPING,
RESTAURANTS, EVERYDAY CONVENIENCES & ACCESS TO I-95. THE NEAREST
HARRIS CORPORATION CAMPUS IS A 3-MINUTE COMMUTE & THE RENOWNED
FLORIDA TECH COLLEGE IS 11 MINUTES. THE SHORES OF THE INDIAN RIVER
ARE NEARBY & THE ATLANTIC OCEAN BEACHES ARE 14 MIINUTES AWAY! IF
BUILDING A HOME, A MINIMUM OF 1,650 SQFT UNDER-AIR IS REQUIRED.
THIS IS GOOD FOR PROPERTY VALUES! VALUES!
Unit Size
-
Days on Market
78 days
Land Size
0.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
$26
HOA Dues
-
Year Built
-
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: 2 months ago (Space Coast MLS #957289)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 21, 2025 | In contract | - | |
| In contract | |||
| Apr 18, 2025 | Listed by RLL Real Estate Group | $404,999 | |
| Listed by RLL Real Estate Group | |||
   | |||
|
3% CONCESSION THROUGH PREFERRED LENDER! This modern style new construction home showcases luxury living at an affordable price! With 2267 SQFT of living space, to include five spacious bedrooms and three elegant bathrooms, it offers ample space for both relaxation and entertainment. This floorplan features a modernized kitchen, complete with 42'' white cabinets, Samsung stainless steel appliances, large island, and accented with quartz countertops. The master suite boasts an upscale bathroom, with double sinks, custom fixtures and large designer shower. Each additional bedroom is generously sized, ideal for guests or a home office. Other features include designer tile 1st floor & carpet 2nd floor, custom fixtures and recessed LED lighting, storm shutters, large lot w/creek in the rear, vinyl insulated windows, R30 Insulation, hurricane rated garage door, and large front porch with fenced backyard! NO HOA! CITY WATER! 1YR BUMPER TO BUMPER & 2-10 Builder warranty given at closing.
| |||
| Apr 17, 2025 | Price Decreased |
$404,999
↓ $30K
(6.9%) | |
| Price Decreased | |||
| Dec 21, 2024 | Price Increased |
$434,999
↑ $40K
(10.1%) | |
| Price Increased | |||
Show More
Property Highlights
Garage
Parking Available
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 Palm Bay
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Cheryl L Smith, Cheryl Smith Realty, Inc
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 957289
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# 957289
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017