201 Flamingo Drive
About This Property
Cleared and ready for your vision, this peaceful vacant corner lot is located within a designated tiny home community. The flat, parcel features a few mature palm trees, offering natural shade and added curb appeal.
Whether you're looking to bring your own tiny home or build your custom tiny dream home, this lot offers flexibility and opportunity in a growing, highly desired community. Its corner location provides added privacy and presence, while the zoning allows for tiny home living--perfect for full-time residence, seasonal use, or investment.
A rare chance to create a simplified lifestyle in a tranquil setting--ready when you are. Close to Shopping, Restaurants, quick to I95, Cocoa Beach 20-25 miles away and Orlando int. airport around 40 miles away. Lots of tiny home builders in Florida.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2026 | Price Decreased |
$89,900
↓ $10K
(10%) | |
| Price Decreased | |||
| Jan 31, 2026 | Listed by LPT Realty, LLC | $99,900 | |
| Listed by LPT Realty, LLC | |||
| Mar 2, 2022 | Sold | ||
| Sold | |||
| Feb 10, 2022 | Listed by Keller Williams Realty Brevard | $40,000 | |
| Listed by Keller Williams Realty Brevard | |||
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Brevard County's first approved TINY home/small cottage community! Welcome home to peace and tranquility. With a neighborhood geared towards sustainable lifestyle and affordable living, you will own your very own piece of paradise nestled among over 27 acres of property. This multi-phase project will contain a mix of tiny homes and small cottages, a community pool, community gardens, green space complete with walking trails and so much more. If you have been dreaming of tiny home or small cottage living close to beaches but private enough to feel like you're in the country call us today!
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Property Highlights
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About Brevard
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Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 1068135
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