$799,000
●
House -
For Sale
180 5th Street
Melbourne Beach, FL 32951
4 Beds
3 Baths
3,081 Ft²
$4,124
Est. Monthly
About This Property
Every now and then, a truly special property comes along..
This is definitely one of them! Tucked near the end of a
quiet dead-end street, this island style retreat is surrounded by
nature, with a 100-acre preserve immediately to the south and
additional protected lands, in both directions along the ocean,
where you enjoy your own private path to the edge of the Atlantic.
This private address also features direct access to the Indian
River from a community dock with your own private boat slip & lift,
creating the ideal setting for an active coastal lifestyle. Inside,
an open, airy floor plan and lush tropical landscaping outside
combine to create a relaxed island feel to enjoy day after day.
Expanded with a second-floor primary suite in 1985 and updated
again in 2005, it also features a new roof and A/C in 2023. Located
just ½ mile from Publix, between two golf courses and only minutes
from downtown Melbourne Beach this is the perfect blend of privacy,
nature, boating and convenience!
Unit Size
3,081 Ft²
Days on Market
35 days
Land Size
0.21 acres
Price per sqft
$259
Property Type
House
Property Taxes
$201
HOA Dues
-
Year Built
1964
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 #1085964)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2026 | Listed by One Sotheby's International | $799,000 | |
| Listed by One Sotheby's International | |||
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: Garage, Garage Door Opener, RV Access/Parking
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Open Floorplan, Smart Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Primary Bathroom - Shower No Tub, Split Bedrooms
Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Water Softener Owned
Flooring Type: Carpet, Terrazzo, Tile, Vinyl
Laundry Features: In Garage, Washer Hookup
Exterior Details
Square Footage: 3081
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Updated/Remodeled
Year Built: 1964
Building Area Total: 3561
Levels: Two
Other Structures: Shed(s)
Window Features: Skylight(s)
Construction Materials: Block, Concrete, Frame, Wood Siding
Patio and Porch Features: Porch, Wrap Around
Lot Features: Sprinklers In Front, Sprinklers In Rear, Dead End Street
Lot Size Area: 0.21
Lot Size Units: Acres
Lot Size Acres: 0.21
Lot Size Square Feet: 9148
Water Source: Private, Well
Financial Details
Tax Annual Amount: $2,406
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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Listed by: David Settgast, One Sotheby's International
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1085964
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# 1085964
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