63
Map
$619,900
●
House -
In Contract
1764 Musgrass Circle
West Melbourne, FL 32904
4 Beds
2 Baths,
1
Half Bath
2,761 Ft²
$3,538
Est. Monthly
$428
HOA / Fees
About This Property
LAKEFRONT LIVING! HEATED SALT WATER POOL/SAUNA,! 42 SOLAR PANELS
W/APPROX. $35 ELECTRIC BILLS! This exceptional retreat in
desirable Sawgrass Lakes is 2,761 sq. ft., 4 bed, 2 1/2 bath &
combines resort style living & extensive upgrades and energy
efficient overlooking the lake! What sets this home apart
is the private, screened-in, heated saltwater pool and spa
with a beautiful waterfall to take advantage of the peaceful lake
views. Enjoy morning coffee, entertaining friends and family,
or relaxing poolside at sunset, this backyard delivers the Florida
lifestyle you've been looking for. Inside, the spacious 2 story
floor plan offers plenty of room for guests, and entertaining. The
upgraded kitchen features granite counters & KitchenAid S.S.
appliances, while the living area adds warmth and character with a
built-in electric fireplace. Energy-efficient features are
impressive - 42 solar panels, with add'l attic insulation,
radiant barrier, tankless WH & water softener!
Unit Size
2,761 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$225
Property Type
House
Property Taxes
$66
HOA Dues
$428
Year Built
2017
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: 7 days ago (Space Coast MLS #1083365)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Sep 9, 2026 | Price Decreased |
$619,900
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Aug 24, 2026 | Price Decreased |
$634,900
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Jul 22, 2026 | Listed by Dale Sorensen Real Estate Inc. | $649,900 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| Dec 20, 2017 | Listed by D.R.Horton Realty of Melbourne | $332,888 | |
| Listed by D.R.Horton Realty of Melbourne | |||
| | |||
|
MLS PURPOSES ONLY
| |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener, Gated
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Open Floorplan, Smart Thermostat, Walk-In Closet(s), Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower
Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Water Softener Owned
Flooring Type: Laminate, Tile
Laundry Features: Electric Dryer Hookup, Upper Level, Washer Hookup
Has Fireplace
Fireplace Features: Electric
Exterior Details
Square Footage: 2761
Square Footage Source: $0
Architectural Style: Patio Home
Year Built: 2017
Waterfront Features: Lake Front
Construction Materials: Block, Stucco
Pool Features: Electric Heat, Heated, In Ground, Salt Water, Screen Enclosure, Waterfall
Pool is Private
Lot Features: Cleared, Sprinklers In Front, Sprinklers In Rear
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Water Source: Public
Financial Details
Tax Annual Amount: $793
Utilities Details
Cooling Type: Attic Fan, Central Air
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Gated, Management, Park, Playground, Pool, Tennis Court(s)
HOA Fee: $136
HOA Fee Frequency: Quarterly
Condo/Coop Fee: $292
Condo/Coop Fee Frequency: Quarterly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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About West Melbourne
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Listed by: Gail Fischer, Dale Sorensen Real Estate Inc.
Last Updated: 7 days ago
Data Source: Space Coast MLS, MLS# 1083365
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: 7 days ago
Data Source: Space Coast MLS, MLS# 1083365
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