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Melbourne Beach 32951 Beach Estates
2005 Oak
$365,000
● House - Off Market

2005 Oak

Melbourne Beach, FL 32951
bedrooms
4 Beds
bathrooms
2 Baths
$765,905
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model

About This Property

Beautiful, completely remodeled home in 2007. A must see! On nearly a half-acre lot, this 4 bedroom,2 baths has a heated salt-water pool resurfaced with new patio pavers in 2011. Home has new flooring throughout. Kitchen has 36'''' shaker style cabinets with crown molding, granite counter-tops, stainless steel appliances, farmhouse sink and Rohl fixtures. Master bath includes marble floors, pedestal sinks and a large seamless shower with ADA approved grab bar and Rohl fixtures. Guest bath is all '||chr(10)||'Addendum - new with tiled shower/bath and a double vanity with a granite countertop. Oversized shed with electrical. Wireless security and surveillance cameras installed throughout property. Hurricane shutters for all windows. The home is equipped with double paned energy efficient windows and new garage door. New French doors lead out to the covered lanai. A paver walkway makes it convenient access to the backyard and pool. Great location within Melbourne Beach.
Unit Size
-
Days on Market
-
Land Size
0.46 acres
Price per sqft
-
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1986

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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: 3 years ago (Space Coast MLS #657052)

Price History

Date / Event Date Event Price
Sep 7, 2016 Sold
Premium
Sold
May 1, 2013 Sold
Premium
Sold
Jan 2, 2013 Listed by Coldwell Banker Residential R.E. LLC $379,316
Listed by Coldwell Banker Residential R.E. LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 4
  • 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: 504
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,061
  • Gross Building Area: 3,061
  • Building Area: 2,065
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,065
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEACH ESTATES
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: BEACH ESTATES LOT 2

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066101

Zoning

  • Zoning: 2RS

Geography

  • Assessors Map Reference: 336
  • Account Number: 2848383
  • Parcel: 28-38-08-50-00000.0-0002.00
  • Lot: 2
  • Meridian: SEC 08 TWN 28S RNG 38E
  • Municipality: MELBOURNE BEACH
  • Latitude: 28.0581
  • Longitude: -80.5579

    Address

  • Full Address: 2005 Oak St
  • Address - House Number: 2005
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: FL
  • City Name: Melbourne Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 2712
  • Zip Code: 32951

Valuation

    Tax

  • Total Area: 2,488
  • Tax Year: 2022
  • Tax Amount: $496,385
  • Tax Rate Code Area: 34X0

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 846,834
  • High Value: 1,011,417
  • Low Value: 682,251

    Market Valuation

  • Market Total Value: $630,450

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $354,010

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2016
  • Current Sale Recording Date: Sep 07, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016175467
  • Previous Sale Recording Date: May 01, 2013
  • Previous Sale Contract Date: Apr 30, 2013
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: 71
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 Beach Estates

Stats & Trends

Median Asking:

$702,000

Sale Price/ft²

$554

Below Asking

0.01%

Average Days on Market

115

Average Home Size

1267 ft²

Average Home Age

61 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 1706 Atlantic Street, Melbourne Beach, FL, 32951

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,575 ft²
1706 Atlantic Street #3B, Melbourne Beach, FL, 32951 Listing by Eric S Van Dam
Unit for rent at 103 La Costa Street, Melbourne, FL, 32951

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
103 La Costa Street #5A, Melbourne, FL, 32951 Listing by Eric S Van Dam
Unit for rent at 3266 Sand Court, Melbourne Beach, FL, 32951

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,148 ft²
3266 Sand Court, Melbourne Beach, FL, 32951 Listing by Jennifer Brown

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Michael Pruitt, Coldwell Banker Residential R.E. LLC
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 657052
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 2005 Oak Street built and last sold?
The property at 2005 Oak Street was built in 1986 and last sold on Aug 31, 2016 for $438,000.
How much is this home worth?
The estimated value of the home located at 2005 Oak Street is $0.
What are some comparable homes to 2005 Oak Street?
There are currently no comparable homes to 2005 Oak Street.
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