For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Melbourne 32935 Croton Woods
1838 Atrium Drive
$445,000
● House - Off Market

1838 Atrium Drive

Melbourne, FL 32935
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,858 Ft²
$2,743
Est. Monthly
$28
HOA / Fees
4.46%
Cap Rate

About This Property

Located in an amazing neighborhood in the heart of Melbourne with close access to schools, restaurants, and the beaches this split floor plan home is beautifully updated and completely move in ready. Double front doors greet you as you walk up, with vaulted ceilings throughout the entire home. New wood look tiled floors, 5.25'' baseboards, and functional kitchen with center island, maple cabinets, and granite countertops. Outside there is no shortage of room for entertaining with spacious screened in back porch, complete with a large soaking pool/spa. Other updates include a 2019 roof, 2024 AC, 2015 gas water heater, and roll down hurricane shutters for every window with some being remote control operated.
Unit Size
1,858 Ft²
Days on Market
44 days
Land Size
0.18 acres
Price per sqft
$245
Property Type
House
Property Taxes
$481
HOA Dues
$28
Year Built
1993

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #1034681)

Price History

Date / Event Date Event Price
Mar 3, 2025 Sold
Premium
Sold
Feb 7, 2025 In contract -
In contract
Jan 31, 2025 Price Decreased $455,000
↓ $10K (2.2%)
Price Decreased
Jan 18, 2025 Listed by Blue Marlin Real Estate $465,000
Listed by Blue Marlin Real Estate
Jun 7, 2022 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • 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: 484
  • Parking Space Count: 2
  • Patio Type: 17
  • Porch Type: 35
  • Pool Type: 9
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,753
  • Gross Building Area: 2,753
  • Building Area: 1,858
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,858
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CROTON WOODS PHASE TWO
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CROTON WOODS PHASE TWO LOT 98

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064124

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 267
  • Account Number: 2732212
  • Subdivision Phase Number: 2
  • Parcel: 27-37-05-29-00000.0-0098.00
  • Lot: 98
  • Meridian: SEC 05 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.1654
  • Longitude: -80.6502

    Address

  • Full Address: 1838 Atrium Dr
  • Address - House Number: 1838
  • Address - Street Name: Atrium
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C033
  • 4-Digit Zip Code: 4750
  • Zip Code: 32935

Valuation

    Tax

  • Total Area: 2,286
  • Tax Year: 2022
  • Tax Amount: $10,613
  • Tax Rate Code Area: 43K0

    Appraisal Valuation

  • Standard Deviation: 0.1771
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 448,798
  • High Value: 528,321
  • Low Value: 369,275

    Market Valuation

  • Market Total Value: $343,730

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $161,580

    Sales

  • Current Sale Contract Date: Jun 06, 2022
  • Current Sale Recording Date: Jun 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 142447
  • Previous Sale Recording Date: Aug 18, 1997
  • Previous Sale Contract Date: Aug 08, 1997
  • Previous Sale Amount: $131,000
  • 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 Croton Woods

Stats & Trends

Median Asking:

$449,800

Sale Price/ft²

$235

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1924 ft²

Average Home Age

34 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 2137 Canterbury Lane, Melbourne, FL, 32935

$2,350 /mo

  • 5 Beds
  • 3 Baths
  • 1,400 ft²
2137 Canterbury Lane, Melbourne, FL, 32935 Listing by Nicole D Grammer

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Dillon Bout, Blue Marlin Real Estate
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1034681
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 1838 Atrium Drive built and last sold?
The property at 1838 Atrium Drive was built in 1993 and last sold on Jun 6, 2022 for $421,000.
How much is this home worth?
The estimated value of the home located at 1838 Atrium Drive is $461,660.
What are some comparable homes to 1838 Atrium Drive?
There are currently no comparable homes to 1838 Atrium Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Melbourne Homes for Sale
Melbourne Houses for Sale
Melbourne Condos for Sale
Melbourne Townhouses for Sale
Melbourne Multifamily for Sale
Melbourne Land for Sale
Melbourne Commercial for Sale
Melbourne Homes with Basements
Nearby Cities
Palm Bay Homes for Sale
Merritt Island Homes for Sale
Rockledge Homes for Sale
West Melbourne Homes for Sale
Cocoa Beach Homes for Sale
Viera West Homes for Sale
Micco Homes for Sale
Viera East Homes for Sale
Nearby Property Records
Brevard County, FL Property Records
Osceola County, FL Property Records
Indian River County, FL Property Records
Orange County, FL Property Records
Seminole County, FL Property Records
St. Lucie County, FL Property Records
Okeechobee County, FL Property Records
Highlands County, FL Property Records
Neighborhoods
Barefoot Bay Real Estate
Port Malabar Country Club Real Estate
Viera North Real Estate
Heritage Isle Real Estate
Indialantic by The Sea Real Estate
Suntree Real Estate
Bowe Gardens Real Estate
Indian River Colony Club Real Estate
Nearby Counties
Palm Bay Homes for Sale
Cocoa-Rockledge Homes for Sale
Indialantic-Melbourne Beach Homes for Sale
Cocoa Beach-Cape Canaveral Homes for Sale
Malabar Homes for Sale
West Brevard Homes for Sale
Melbourne Shores-Floridana Beach Homes for Sale
Top Real Estate Agents
Top Agents in Croton Woods
Top Agents in Melbourne
Top Agents in Palm Bay
Top Agents in Palm Bay
Top Agents in Cocoa-Rockledge
Top Agents in 32909
Top Agents in 32940
Top Agents in Indialantic-Melbourne Beach