$181,000
●
House -
Off Market
201 Sharon Drive
Melbourne, FL 32935
3 Beds
1 Bath
1,253 Ft²
$245,217
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Don't miss this completely updated and move-in-ready 3 bedroom home
in Eau Gallie of Melbourne. Gorgeous kitchen features granite
countertops, all wood cabinetry & stainless appliances. Adjacent
dining/flex area with vaulted ceilings and large windows provides
plenty of natural light & access to a spacious screened patio.
Plenty of living space both inside & out! The backyard is private
and fenced with room for a pool. Oversized 1 car garage can fit
most vehicles, a workshop and all the toys! TONS of storage w/ 5
extra closets throughout. Washer & dryer included! Centrally
located near US-1 and the Downtown Eau Gallie Arts District. Great
neighborhood just minutes to Ballard Park, shopping, restaurants,
schools & the beaches! Close to Airport, Northrop Grumman, L3
Harris, Embraer & more!
Unit Size
1,253 Ft²
Days on Market
38 days
Land Size
0.20 acres
Price per sqft
$148
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1958
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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: 5 months ago (Space Coast MLS #887854)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2025 | Sold | ||
| Sold | |||
| Sep 21, 2025 | In contract | - | |
| In contract | |||
| Sep 15, 2025 | Listed by Denovo Realty | $284,900 | |
| Listed by Denovo Realty | |||
| | |||
|
Don't miss out on this updated 3 bedroom home in the heart of Eau Gallie. Step into a gorgeous kitchen featuring an oversized island - perfect for cooking, entertaining and gathering with friends and family. The open dining / flex space allows for lots of natural light leading into a spacious screened patio for year round indoor - outdoor living. Enjoy plenty of room inside and out! The private, fenced in backyard is ideal for relaxing, playing, pets and entertaining. With the Eau Gallie Arts district, beach, Ballard park, shopping and dining just minutes away, this truly is the perfect location. This home also features easy access to US-1, the airport and major employers such as Northrop Grumman, L3Harris, and Embraer.
| |||
| Nov 30, 2020 | Sold | ||
| Sold | |||
| Oct 16, 2020 | Listed by Florida Elite Real Estate | $185,000 | |
| Listed by Florida Elite Real Estate | |||
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About Almar
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Listed by: Matt Canina, Florida Elite Real Estate
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 887854
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: 5 months ago
Data Source: Space Coast MLS, MLS# 887854
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