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Viera East 32940 Bayhill at Viera East
1964 Bayhill Drive
$297,000
● House - Off Market

1964 Bayhill Drive

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,261 Ft²
$1,859
Est. Monthly
$33
HOA / Fees
7.92%
Cap Rate

About This Property

Whether you're buying your first home or looking to downsize with ease, this inviting residence delivers comfort, convenience, and stunning water and preserve views. The updated kitchen features granite countertops, a pantry, and a bright eat-in nook that flows into the family room-perfect for gatherings. An oversized patio invites you to enjoy peaceful mornings and relaxing evenings overlooking the tranquil backyard setting. Inside, you'll love the added storage in the laundry room with shelving and utility sink. Major updates include a 2017 roof, 2017 A/C, and storm shutters for peace of mind. Sprinklers on reclaimed water keep the lawn lush year-round. Enjoy the added bonus of a community pool for fun and relaxation. All this just a short walk to shopping, dining, parks, and easy access to major roadways. This home checks the boxes-come take a look!
Unit Size
1,261 Ft²
Days on Market
90 days
Land Size
0.16 acres
Price per sqft
$270
Property Type
House
Property Taxes
$156
HOA Dues
$33
Year Built
2000

Payment Calculator

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Cap Rate Calculator

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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: 6 months ago (Space Coast MLS #1053000)

Price History

Date / Event Date Event Price
Nov 4, 2025 Sold
Premium
Sold
Oct 11, 2025 In contract -
In contract
Aug 28, 2025 Price Decreased $339,900
↓ $10K (2.9%)
Price Decreased
Jul 27, 2025 Listed by RE/MAX Elite $350,000
Listed by RE/MAX Elite
Sep 14, 2000 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • 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: 432
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,913
  • Gross Building Area: 1,913
  • Building Area: 1,261
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,261
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAYHILL AT VIERA EAST PHASE ONE
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: BAYHILL AT VIERA EAST PHASE ONE LOT 20 BLK C

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 063106

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 233B
  • Account Number: 2623408
  • Subdivision Phase Number: 1
  • Parcel: 26-36-03-RR-0000C.0-0020.00
  • Block: C
  • Lot: 20
  • Meridian: SEC 03 TWN 26S RNG 36E
  • Municipality: VIERA/UNINCORP DISTRICT 4
  • Latitude: 28.2581
  • Longitude: -80.7186

    Address

  • Full Address: 1964 Bayhill Dr
  • Address - House Number: 1964
  • Address - Street Name: Bayhill
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R090
  • 4-Digit Zip Code: 6302
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 1,594
  • Tax Year: 2022
  • Tax Amount: $182,254
  • Tax Rate Code Area: 420Y

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 374,733
  • High Value: 442,537
  • Low Value: 306,930

    Market Valuation

  • Market Total Value: $272,340

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $109,380

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 08, 2000
  • Current Sale Recording Date: Sep 14, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Bayhill at Viera East

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$249

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1845 ft²

Average Home Age

24.9 years

Currently For Sale

7 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 1749 Tullagee Avenue, Melbourne, FL, 32940

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,807 ft²
1749 Tullagee Avenue, Melbourne, FL, 32940 Listing by Maureen G Harrell
Unit for rent at 2138 Caledonia Place, Melbourne, FL, 32940

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,902 ft²
2138 Caledonia Place, Melbourne, FL, 32940 Listing by Gregory Ellingson
Unit for rent at 700 Trotter Lane, MELBOURNE, FL, 32940

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,811 ft²
700 Trotter Lane #204, MELBOURNE, FL, 32940 Listing by Ashley Langford

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Barbara Lyn, RE/MAX Elite
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1053000
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 1964 Bayhill Drive built and last sold?
The property at 1964 Bayhill Drive was built in 2000 and last sold on Sep 8, 2000 for $92,100.
How much is this home worth?
The estimated value of the home located at 1964 Bayhill Drive is $0.
What are some comparable homes to 1964 Bayhill Drive?
There are currently no comparable homes to 1964 Bayhill Drive.
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