$2,750,000
↓ $25K (0.9%)
●
House -
For Sale
1465 Arundel Way
Melbourne, FL 32940
6 Beds
8 Baths,
2
Half Baths
7,033 Ft²
$15,404
Est. Monthly
$10
HOA / Fees
About This Property
(( EXTRAORDINARY ''ONE OF A KIND'' MAGNIFICENT MEDITERRANEAN
MASTERPIECE IN AN EXCLUSIVE SECTION OF BAYTREE )) LUXURIOUS
FINISHES, ENORMOUS LIVING SPACES, GIGANTIC PATIO, PRICELESS GUEST
HOUSE + BREATHTAKING POOL & NATURE VIEWS THROUGHOUT! BEAUTIFUL .66
ACRES ON PEACEFUL CUL-DE-SAC w/PROTECTED CONSERVATION AREA
SURROUNDING YET CONVENIENT TO COMMUNITY AMENITIES! Meticulously
maintained w/long long list of exquisite upgrades &
features....Extravagant hurricane resistant iron front door opens
to...vaulted & tray ceilings, granite counters, extensive tile
work, ultimate appliances, custom cabinets, 8' solid wood doors,
European hardware, 7'' floor molding, sound system + elegant
porcelain flooring! NEW ROOF IN MID DECEMBER! Incredible gourmet
kitchen, fantastic theater room, spacious office, rare coral
pillars, oversized 3 car garage, master suite w/huge closets +
phenomenal pool/patio area & Koi pond that will shock you in
amazement...RESORT STYLE LIVING w/PRICELESS PRIVATE POOL AREA!
Unit Size
7,033 Ft²
Days on Market
37 days
Land Size
0.66 acres
Price per sqft
$391
Property Type
House
Property Taxes
$1,891
HOA Dues
$10
Year Built
2002
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: 13 days ago (Space Coast MLS #1089622)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 2, 2026 | Price Decreased |
$2,750,000
↓ $25K
(0.9%) | |
| Price Decreased | |||
| Oct 9, 2026 | Listed by RE/MAX Elite | $2,775,000 | |
| Listed by RE/MAX Elite | |||
| Aug 10, 2025 | Listed | $2,995,000 | |
| Listed | |||
| | |||
|
(( EXTRAORDINARY ''ONE OF A KIND'' MAGNIFICENT ''7033 SF'' MEDITERRANEAN MASTERPIECE IN DESIRABLE BAYTREE )) LUXURIOUS FINISHES, ENORMOUS LIVING SPACES, GIGANTIC PATIO, PRICELESS GUEST HOUSE + BREATHTAKING POOL & NATURE VIEWS THROUGHOUT! BEAUTIFUL .66 ACRES ON A PEACEFUL CUL-DE-SAC w/PROTECTED CONSERVATION AREA SURROUNDING YET CONVENIENT TO COMMUNITY AMENITIES! Meticulously maintained with a long list of exquisite upgrades/features (available upon request) Extravagant hurricane resistant iron front door opens to...vaulted & tray ceilings, granite counters, extensive tile work, ultimate appliances, custom cabinets, 8' solid wood doors, European hardware, 7'' floor molding, sound system, abundant ceiling fans + elegant porcelain tile flooring! Incredible gourmet kitchen, fantastic theater room, spacious office, rare coral pillars, oversized 3 car garage, master suite w/huge closets + phenomenal pool/patio area & Koi pond that will shock you in amazement..EXTREMELY SPECTACULAR PARADISE!
| |||
| Apr 11, 2022 | Sold | ||
| Sold | |||
| Feb 24, 2022 | Listed by RE/MAX Elite | $2,450,000 | |
| Listed by RE/MAX Elite | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Circular Driveway, Covered, Garage, Garage Door Opener, Guest
Garage Spaces: 3
Interior Details
Half Bathrooms: 2
Full Bathrooms: 8
Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, His and Hers Closets, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Smart Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Guest Suite, Jack and Jill Bath, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms
Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Instant Hot Water, Microwave, Refrigerator, Washer, Wine Cooler
Flooring Type: Carpet, Tile
Laundry Features: Gas Dryer Hookup, Lower Level, Sink
Has Fireplace
Fireplace Features: Gas
Fireplaces: 1
Exterior Details
Square Footage: 7033
Square Footage Source: $0
Security Features: 24 Hour Security, Closed Circuit Camera(s), Gated with Guard, Key Card Entry, Security Gate, Security System Owned, Smoke Detector(s), Entry Phone/Intercom
Property Condition: Updated/Remodeled
Architectural Style: Spanish, Traditional
Year Built: 2002
Waterfront Features: Lake Front, Pond
Building Area Total: 9243
Levels: One
Other Structures: Guest House, Outdoor Kitchen, Workshop
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Awning(s), Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Screened, Side Porch
Pool Features: Fenced, Heated, In Ground, Salt Water, Screen Enclosure, Solar Heat, Waterfall
Pool is Private
Lot Features: Corner Lot, Cul-De-Sac, Many Trees, On Golf Course, Sprinklers In Front, Sprinklers In Rear, Dead End Street
Lot Size Area: 0.66
Lot Size Units: Acres
Lot Size Acres: 0.66
Lot Size Square Feet: 28750
Water Source: Public
Financial Details
Tax Annual Amount: $22,687
Utilities Details
Cooling Type: Central Air, Electric, Zoned
Heating Type: Central, Natural Gas, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Security
HOA/Condo/Coop Amenities: Barbecue, Basketball Court, Clubhouse, Fitness Center, Gated, Golf Course, Jogging Path, Maintenance Grounds, Management, Park, Playground, Pool, Security, Tennis Court(s)
HOA Fee: $120
HOA Fee Frequency: Annually
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 Baytree
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Listed by: Todd Ostrander, RE/MAX Elite
Last Updated: 13 days ago
Data Source: Space Coast MLS, MLS# 1089622
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: 13 days ago
Data Source: Space Coast MLS, MLS# 1089622
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