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Melbourne 32935 Greenbriar Village
1721 Pine Valley Drive
$380,000
● House - Off Market

1721 Pine Valley Drive

Melbourne, FL 32935
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,786 Ft²
$2,436
Est. Monthly
$386
HOA / Fees

About This Property

Beautifully renovated home in a central Melbourne location, offering modern finishes, soaring ceilings, and a functional floor plan. This move-in-ready property features a brand-new roof, luxury vinyl flooring throughout, and a completely updated kitchen with quartz countertops, new cabinetry, a pantry with pull-out shelving, stainless steel appliances, and stylish gold accents. The main level includes a spacious primary bedroom with a stunning en suite and large walk-in closet, an additional half bath, and a light-filled living area with high ceilings. Enjoy year-round indoor/outdoor living in the screened Florida room with removable vinyl windows. Upstairs, you'll find a large loft-style living space and two additional bedrooms, one with direct access to the bathroom. The epoxy-sealed two-car garage includes a full-size refrigerator and new washer and dryer. Conveniently located near shopping, dining, golf, and beautiful beaches.
Unit Size
1,786 Ft²
Days on Market
64 days
Land Size
0.15 acres
Price per sqft
$218
Property Type
House
Property Taxes
$140
HOA Dues
$386
Year Built
1991

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Cap Rate Calculator

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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: 6 months ago (Space Coast MLS #1067301)

Price History

Date / Event Date Event Price
Mar 27, 2026 Sold
Premium
Sold
Feb 23, 2026 In contract -
In contract
Feb 17, 2026 Price Decreased $389,000
↓ $10K (2.5%)
Price Decreased
Jan 22, 2026 Listed by RE/MAX Aerospace Realty $399,000
Listed by RE/MAX Aerospace Realty
Jul 9, 2002 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 442
  • Parking Space Count: 2
  • Patio Type: 17
  • Porch Type: 59
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 2,685
  • Gross Building Area: 2,685
  • Building Area: 1,786
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,786
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENBRIAR VILLAGE
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: GREENBRIAR VILLAGE LOT 66

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064123

Zoning

  • Zoning: R2(6)

Geography

  • Assessors Map Reference: 275
  • Account Number: 2711649
  • Parcel: 27-37-08-33-00000.0-0066.00
  • Lot: 66
  • Meridian: SEC 08 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.1515
  • Longitude: -80.6498

    Address

  • Full Address: 1721 Pine Valley Dr
  • Address - House Number: 1721
  • Address - Street Name: Pine Valley
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C030
  • 4-Digit Zip Code: 4458
  • Zip Code: 32935

Valuation

    Tax

  • Total Area: 2,165
  • Tax Year: 2022
  • Tax Amount: $142,287
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 43K0

    Appraisal Valuation

  • Standard Deviation: 0.1976
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 389,469
  • High Value: 466,428
  • Low Value: 312,509

    Market Valuation

  • Market Total Value: $286,830

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $118,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 28, 2002
  • Current Sale Recording Date: Jul 09, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Greenbriar Village

Stats & Trends

Median Asking:

$377,400

Sale Price/ft²

$221

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1847 ft²

Average Home Age

35.5 years

Currently For Sale

2 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 2277 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2277 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith
Unit for rent at 2261 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2261 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith
Unit for rent at 2273 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2273 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Michelle L Smith, RE/MAX Aerospace Realty
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1067301
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 1721 Pine Valley Drive built and last sold?
The property at 1721 Pine Valley Drive was built in 1991 and last sold on Jun 28, 2002 for $136,900.
How much is this home worth?
The estimated value of the home located at 1721 Pine Valley Drive is $394,201.
What are some comparable homes to 1721 Pine Valley Drive?
There are currently no comparable homes to 1721 Pine Valley Drive.
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