16
Map
$200,000
●
Land -
Off Market
213 Loggerhead Drive
Melbourne Beach, FL 32951
Studio
0 Bath
$400,887
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model
About This Property
Wonderful Extra Large Lot In The Exclusive Gated S. Melbourne Beach
Community Of Turtle Bay! Located On A Quiet Cul-De-Sac! Just Over
1/2 Acre! Build Your Estate! The Rear Of Lot Fronts On A1A With An
Outstanding 251'. The Land Between The Ocean & A1A Is Protected &
Never To Be Developed!!!! Construction Of A Two Storey Home
Could Allow For Spectacular Uninterrupted Direct Ocean Views!
Amenities Include: Community Beach Access With Oceanfront Cabana
(With Shower, Grills & Storage), Community Tennis Courts, And
Community Fishing Pier/Boat Dock! This Fabulous Active & Friendly
Community Is A Wonderful Place To Call Home! Ideal for a 2-storey
home to view both the sunrise over the ocean and sunset over the
intra-coastal waterway! Call Today for More Details!
Unit Size
-
Days on Market
315 days
Land Size
0.55 acres
Price per sqft
-
Property Type
Land
Property Taxes
$156
HOA Dues
$125
Year Built
2017
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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: 2 months ago (Space Coast MLS #713406)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2025 | Sold | ||
| Sold | |||
| Jan 20, 2025 | In contract | - | |
| In contract | |||
| Jan 2, 2025 | Listed by Compass Florida, LLC | $1,850,000 | |
| Listed by Compass Florida, LLC | |||
   | |||
|
This stunning gated river-to-ocean community offers a riverside dock, resident-only ocean access with 150 feet of beach, and community tennis courts. Located on a cul-de-sac, the home features 4 bedrooms, 4 full baths, and 2 half baths, with luxury interior elements like Control4 home automation, remote control blinds, custom garage cabinetry, quartz and granite countertops, and engineered hardwood and tile floors. The clubroom bar includes a dual kegorator, while the home showcases tray ceilings, 12-foot downstairs ceilings, two fireplaces, and 7 chandeliers. Recent updates include a 3-zone HVAC system and a tankless water heater. Exterior highlights feature a private half-basketball/pickleball court, beach entry saltwater pool and hot tub, full summer kitchen, lanai with a gas fireplace, outdoor speaker system, fire pit, lush landscaping, and a PVC-fenced yard. Additional amenities include a 600-gallon propane tank, an outdoor shower, and remote control screens for the lanai.
| |||
| Oct 29, 2015 | Sold | ||
| Sold | |||
| Dec 12, 2014 | Listed by BHHS Florida Realty | $226,000 | |
| Listed by BHHS Florida Realty | |||
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About Turtle Bay
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Listed by: Barbara C Wall, BHHS Florida Realty
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 713406
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: 2 months ago
Data Source: Space Coast MLS, MLS# 713406
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