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June Park 32904 Pine Grove
1985 Knotty Pine Road
$326,500
● House - Off Market

1985 Knotty Pine Road

Melbourne, FL 32904
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,845 Ft²
$1,672
Est. Monthly

About This Property

Spacious and full of Florida charm! This beautifully maintained 3-bedroom, 2 .5 bath home offers 1,845 sq ft of living space on a large 0.32-acre lot conveniently located near I-95, the Melbourne Mall, beaches, dining, and downtown Melbourne. Inside you'll find a bright eat-in kitchen, a huge family room ideal for relaxing or entertaining, and a large owner's suite downstairs with a soaking tub and double sinks. Upstairs are two oversized bedrooms that can serve as a home office, gym, or game room. Enjoy the best of outdoor living with an above-ground pool surrounded by decking, a fire pit area, and a screened porch with a relaxing hot tub. The property also includes an amazing workshop/man cave and an additional storage shed. With great curb appeal, a flexible floor plan, and a prime central location, this home truly has it all-space, comfort, and the ultimate Florida lifestyle.
Unit Size
1,845 Ft²
Days on Market
23 days
Land Size
0.32 acres
Price per sqft
$171
Property Type
House
Property Taxes
$125
HOA Dues
-
Year Built
1993

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 11 months ago (Space Coast MLS #1060431)

Price History

Date / Event Date Event Price
Nov 21, 2025 Sold
Premium
Sold
Oct 26, 2025 In contract -
In contract
Oct 24, 2025 Listed by Denovo Realty $314,999
Listed by Denovo Realty
Mar 6, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 59
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,046
  • Total Building Area: 2,053
  • Gross Building Area: 2,053
  • Building Area: 1,845
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,845
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE GROVE
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: PINE GROVE LOTS 160,161

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 065001

Zoning

  • Zoning: RU17

Geography

  • Assessors Map Reference: 321
  • Account Number: 2800457
  • Parcel: 28-36-01-51-00000.0-0160.00
  • Lot: 160
  • Meridian: SEC 01 TWN 28S RNG 36E
  • Municipality: UNINCORP DISTRICT 5
  • Latitude: 28.0777
  • Longitude: -80.6837

    Address

  • Full Address: 1985 Knotty Pine Rd
  • Address - House Number: 1985
  • Address - Street Name: Knotty Pine
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C010
  • 4-Digit Zip Code: 4859
  • Zip Code: 32904

Valuation

    Tax

  • Total Area: 1,897
  • Tax Year: 2022
  • Tax Amount: $130,508
  • Tax Rate Code Area: 5300

    Appraisal Valuation

  • Standard Deviation: 0.2025
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 357,124
  • High Value: 429,448
  • Low Value: 284,800

    Market Valuation

  • Market Total Value: $227,270

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $93,600

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 27, 2001
  • Current Sale Recording Date: Mar 06, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 18, 1993
  • Previous Sale Contract Date: Aug 03, 1993
  • Previous 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 Pine Grove

Stats & Trends

Median Asking:

$405,000

Sale Price/ft²

$201

Below Asking

0.05%

Average Days on Market

110

Average Home Size

1994 ft²

Average Home Age

16.5 years

Currently For Sale

0 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 195 Dayton Boulevard, FL, 32904

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,656 ft²
195 Dayton Boulevard, FL, 32904 Listing by Nicholas LaMonica
Unit for rent at 193 Dayton Boulevard, FL, 32904

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,656 ft²
193 Dayton Boulevard, FL, 32904 Listing by Nicholas LaMonica
Unit for rent at 6124 Serene Place, Melbourne, FL, 32904

$2,950 /mo

  • 5 Beds
  • 3 Baths
  • 2,732 ft²
6124 Serene Place, Melbourne, FL, 32904 Listing by Nicole O. Irizarry-Heisey

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: LaNeil White, Denovo Realty
Last Updated: 11 months ago
Data Source: Space Coast MLS, MLS# 1060431
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 1985 Knotty Pine Road built and last sold?
The property at 1985 Knotty Pine Road was built in 1993 and last sold on Feb 27, 2001 for $91,000.
How much is this home worth?
The estimated value of the home located at 1985 Knotty Pine Road is $0.
What are some comparable homes to 1985 Knotty Pine Road?
There are currently no comparable homes to 1985 Knotty Pine Road.
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