42
Map
$1,049,000
●
House -
In Contract
1908 Cedar Lane
Melbourne Beach, FL 32951
4 Beds
3 Baths
1,962 Ft²
$5,552
Est. Monthly
About This Property
Totally remodeled home in the sought-after SOFA part of Melbourne
Beach ''Beachside'' A short golf cart ride 2 blocks to the beach.
Must see resort style home. Home has separate En-suite for guests
or in-laws. Florida style living at its finest. Pool has
heater and chiller, outdoor kitchen, Hot and cold outdoor shower,
Tiki Hut for outdoor dining, Large Lanai living area with large
screen TV, Access off of Oak St and Cedar Ln with automatic gate
controlled by phone or remote, room for boat or RV, all paver
driveways and travertine pool deck, pool is new in 2024 as well as
Lanai and tiki. Interior New, Electric panel, Water Heater,
Kitchen, Master Bath, second bath, Tile Floors, trim and paint. New
impact doors and windows. Home has wind Mitigation with all the
credits for Insurance reduction. New Roof, New Stucco,
exterior paint, soffit and facia. Auto window treatment in Living
room, fully landscaped yard with lighting. Don't miss this one!
Seller is licensed Realtor & GC
Unit Size
1,962 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$535
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1976
Listed By
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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: 25 days ago (Space Coast MLS #1079989)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Price Decreased |
$1,049,000
↓ $50K
(4.6%) | |
| Price Decreased | |||
| Aug 3, 2026 | Price Decreased |
$1,099,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Jul 9, 2026 | Price Decreased |
$1,149,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| Jun 15, 2026 | Listed by Coville & Company | $1,199,000 | |
| Listed by Coville & Company | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Additional Parking, Attached, Garage Door Opener, Gated, On Street, RV Access/Parking
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar, Eat-in Kitchen, Kitchen Island, Open Floorplan, Guest Suite
Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
Flooring Type: Tile
Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup
Rooms: 11
Exterior Details
Square Footage: 1962
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Updated/Remodeled
Architectural Style: Ranch, Traditional
Year Built: 1976
Building Area Total: 3052
Levels: One
Other Structures: Shed(s)
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Covered, Front Porch, Rear Porch
Pool Features: Electric Heat, Fenced, Heated, In Ground, Salt Water
Pool is Private
Lot Features: Many Trees, Sprinklers In Front, Sprinklers In Rear
Lot Size Area: 0.28
Lot Size Units: Acres
Lot Size Acres: 0.28
Lot Size Square Feet: 12197
Water Source: Public
Financial Details
Tax Annual Amount: $4,804
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
Price/ft²
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Asking Price
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Listed On
Closing Price
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Sold On
HOA + Taxes
About Melbourne Beach South
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Listed by: William Todd Jackson Sr, Coville & Company
Last Updated: 25 days ago
Data Source: Space Coast MLS, MLS# 1079989
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: 25 days ago
Data Source: Space Coast MLS, MLS# 1079989
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