1865 Diablo Circle SW
About This Property
Priced to sell! Skip builder premiums-this nearly new 5-bedroom waterfront home in gated Tillman Lakes delivers unmatched size, location, and value for the price.
Built in 2022 & Move-in ready, this home features:
• A premium lakefront lot with no rear neighbors in quiet Heritage section of Tillman Lakes
• Private first-floor primary suite with oversized walk-in closet
• Bright kitchen with quartz countertops, white cabinetry, stainless steel appliances, and walk-in pantry
• Spacious flex room (ideal for home office, playroom, or guest space)
• Large upstairs loft, 4 additional bedrooms
• Oversized laundry room + a stairway storage closet
• Tile in main living areas & all bathrooms
• WindsorOne trim throughout first floor living areas and added trim in upstairs bedrooms
Appliances, window treatments, ceiling fans, and landscaping are already done! You'll enjoy access to a community playground, jogging trail, fiber internet and TV included, and maintenance of common areas. A brand-new clubhouse, zero-entry pool, dog park, and expanded green space are currently under construction with expected completion in 2025boosting long-term community value. Close to conveniences, schools, trails, Fred Poppe Park and new Publix plaza coming in 2025 within 5 minutes!
At just $375,000, this is the only 5-bed, ~3,000 sqft waterfront home in Palm Bay priced below $400K.
Act now- this is a one-of-a-kind opportunity for space, style, and setting in a thriving gated community!
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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 30, 2025 | Sold | ||
| Sold | |||
| May 18, 2025 | In contract | - | |
| In contract | |||
| May 12, 2025 | Price Decreased |
$375,000
↓ $25K
(6.3%) | |
| Price Decreased | |||
| Apr 22, 2025 | Price Decreased |
$399,990
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Mar 23, 2025 | Price Decreased |
$424,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017