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Brevard 32951 Melbourne Shores
170 Heron Drive
$200,000
● House - Off Market

170 Heron Drive

Melbourne Beach, FL 32951
bedrooms
3 Beds
bathrooms
2 Baths
$388,537
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Secluded home in quiet south Melbourne Beach offers split plan with open concept floor plan. Large triple sliding doors open up on to the large pool deck with private setting. Home will need some new flooring, paint and appliances. See attachment for PAS requirements and WFHM offer submittal information in MLS document section.
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1996

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (Space Coast MLS #728235)

Price History

Date / Event Date Event Price
Nov 17, 2015 Sold
Premium
Sold
Jun 19, 2015 Listed by Atlantic Real Estate Brokerage $219,000
Listed by Atlantic Real Estate Brokerage

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 654
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,816
  • Gross Building Area: 2,816
  • Building Area: 1,865
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,865
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELBOURNE SHORES 2ND ADDN
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: MELBOURNE SHORES 2ND ADDN LOTS 16, 17 & 18 BLK 13

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066104

Zoning

  • Zoning: RU113

Geography

  • Assessors Map Reference: 422
  • Account Number: 2954157
  • Parcel: 29-38-14-HA-00013.0-0016.00
  • Block: 13
  • Lot: 16
  • Meridian: SEC 14 TWN 29S RNG 38E
  • Municipality: UNINCORP DISTRICT 3
  • Latitude: 27.9646
  • Longitude: -80.5089

    Address

  • Full Address: 170 Heron Dr
  • Address - House Number: 170
  • Address - Street Name: Heron
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne Beach
  • Carrier Code: R017
  • 4-Digit Zip Code: 3719
  • Zip Code: 32951

Valuation

    Tax

  • Total Area: 2,363
  • Tax Year: 2022
  • Tax Amount: $607,277
  • Tax Rate Code Area: 3400

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 756,784
  • High Value: 893,715
  • Low Value: 619,853

    Market Valuation

  • Market Total Value: $526,130

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $526,130

    Sales

  • Current Sale Contract Date: Oct 22, 2015
  • Current Sale Recording Date: Nov 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015224482
  • Previous Sale Recording Date: Sep 04, 2014
  • Previous Sale Contract Date: Sep 04, 2014
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Melbourne Shores

Stats & Trends

Median Asking:

$724,950

Sale Price/ft²

$362

Below Asking

0.02%

Average Days on Market

154

Average Home Size

2086 ft²

Average Home Age

41.5 years

Currently For Sale

8 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 123 Mullet Creek Road, Melbourne Beach, FL, 32951

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,072 ft²
123 Mullet Creek Road, Melbourne Beach, FL, 32951 Listing by Eric S Van Dam

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Casey A Skipper, Atlantic Real Estate Brokerage
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 728235
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.

Frequently Asked Questions

When was property at 170 Heron Drive built and last sold?
The property at 170 Heron Drive was built in 1996 and last sold on Oct 22, 2015 for $200,000.
How much is this home worth?
The estimated value of the home located at 170 Heron Drive is $221,190.
What are some comparable homes to 170 Heron Drive?
There are currently no comparable homes to 170 Heron Drive.
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