$660,000
●
House -
For Sale
1304 Lichty Street NE
Palm Bay, FL 32905
3 Beds
3 Baths
1,718 Ft²
$3,841
Est. Monthly
About This Property
Waterfront Florida living with NO HOA, tucked at the end of a quiet
dead-end street for added privacy! A boater's paradise on Turkey
Creek with access to the Indian River and ocean. Fish from your
private gated dock, tie up a boat up to 26 ft, or enjoy coffee and
cocktails while watching sunsets, dolphins and manatees drift by.
Pollak Park boat ramp is just blocks away. Relax in your private
pool with repainted cement deck, new filter pump and no-see-um
screen enclosure. Just 5 miles to Downtown Melbourne, 8 miles to
the beach and 2 miles to groceries! Inside, an open living area and
walls of windows bring in abundant natural light. Major bonus-a
2022 METAL ROOF, plus a 2026 water heater and 2022 front fence.
Currently a successful Airbnb-ideal for income, a private retreat
or full-time Florida living.
Unit Size
1,718 Ft²
Days on Market
34 days
Land Size
0.22 acres
Price per sqft
$384
Property Type
House
Property Taxes
$599
HOA Dues
-
Year Built
1952
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 #1086283)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2026 | Listed by One Sotheby's International | $660,000 | |
| Listed by One Sotheby's International | |||
| Aug 14, 2025 | Price Decreased |
$699,900
↓ $20K
(2.8%) | |
| Price Decreased | |||
| May 22, 2025 | Price Decreased |
$719,900
↓ $30K
(4%) | |
| Price Decreased | |||
| Mar 25, 2025 | Listed | $750,000 | |
| Listed | |||
| | |||
|
INVESTOR ALERT: Successful short-term rental Airbnb VRBO with Superhost rating! This is the waterfront pool home you've been dreaming of in Florida! Perfectly updated with 3 beds & 3 full baths, this stunning property features an elegant kitchen, a huge backyard w/ a covered lanai, & direct Turkey Creek access to the Indian River & the ocean--ideal for boating enthusiasts! Enjoy fishing from your private dock or sipping coffee as you watch breathtaking sunsets with dolphins & manatees at play. A brand-new metal roof guarantees many years of safety, security & affordable insurance. The new owners can enjoy this Florida home for personal pleasure or take advantage of its potential as a profitable short-term rental. Dive into your refreshing pool or relax on your expansive lanai—there's plenty of room for outdoor fun! Conveniently located at the end of a quiet, dead-end street, this home is just moments away from dining, shopping, healthcare & beautiful beaches.
| |||
| Oct 3, 2022 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Carport
Parking Features: Carport, Guest, RV Access/Parking
Interior Details
Full Bathrooms: 3
Interior Features: Eat-in Kitchen, Open Floorplan, Split Bedrooms
Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Refrigerator, Washer
Flooring Type: Tile
Exterior Details
Square Footage: 1718
Square Footage Source: $0
Architectural Style: Other
Year Built: 1952
Waterfront Features: Canal Front, Creek, Navigable Water, River Access, Intracoastal
Waterbody Name: Turkey Creek
Levels: One
Construction Materials: Aluminum Siding, Concrete, Frame, Stone, Vinyl Siding
Patio and Porch Features: Screened
Pool Features: Electric Heat, Fenced, Heated, Screen Enclosure
Pool is Private
Lot Features: Other, Dead End Street
Lot Size Area: 0.22
Lot Size Units: Acres
Lot Size Acres: 0.22
Lot Size Square Feet: 9583
Water Source: Public
Financial Details
Tax Annual Amount: $7,191
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Tillman
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Listed by: Phelyna Ngu, One Sotheby's International
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1086283
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# 1086283
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