1864 Middlebury Drive
About This Property
Beautiful water views from living room, dining room and Master Bedroom. This charming 3/2 home features an open floorplan w/ 10' vaulted ceiling. Kitchen features white cabinets w/ crown molding, Moen faucets, SS appliances and oversized island. The spacious master suite includes large walk-in closet, separate shower, garden tub and double sinks. The bay window in the front bedroom provides light, perfect for a home office. Special features include covered Lanai, Paver Driveways and Stone Accents. The ''NEW'' Courtyards will have gated entrance, Community Pool, Cabana and Play Area.
All included with low HOA fees. Stop by the model office at 1654 Middlebury Middlebury
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| May 31, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Price Decreased |
$329,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Mar 15, 2025 | Listed by Blue Marlin Real Estate | $339,900 | |
| Listed by Blue Marlin Real Estate | |||
| | |||
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Owner financing available! 2023 Built! Lake Front Home with 3 Bedrooms & 2 Baths. Your Paved Driveway Leads to a 2 car Garage with a finished painted epoxy floor, Separate Laundry Room with a Washer & Dryer! Open Living area with distinct Living and Dining spaces. The Kitchen is open with a huge working Island. All Stainless Steel Appliances are included, & All looking over the Large Yard & Lake! All living areas are Tiled and bedrooms have carpet. The Owners Suite has Dual Sinks, Separate Toilet room, Soaking Tub, Large Separate Shower, & Large Walk-in Closet, All with a Beautiful Lake View! The Front Bedrooms have vaulted ceilings and plenty of light. Better than new with Screened Lanai, Freshly painted Interior, Blinds on windows. Move in Ready! All with great schools & convenience to everything South Palm Bay has to offer! New Publix around the corner & Interstate 95 less than five minutes away! Community Pool to enjoy! Preferred Lender with Great Rates and Incentives!
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| Jun 23, 2023 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Brevard
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Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 962199
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