70
Map
220 Lanack Road SE
About This Property
Step outside to your private backyard oasis featuring a screened pool, fully fenced yard, and storage shed, offering both privacy and practicality. Whether you're hosting weekend barbecues, enjoying a quiet morning coffee, or cooling off on warm Florida afternoons, this outdoor space is ready to be enjoyed year-round.
Homes offering this much space, multiple living areas, a bonus room, and a pool at this price point are incredibly hard to find.
Situated along Florida's beautiful Space Coast, Palm Bay is a hidden gem offering the perfect blend of outdoor adventure, coastal living, and convenient access to top attractions. Also just a short drive to Florida's many other beautiful beaches!
Outdoor enthusiasts will appreciate the area's proximity to the Indian River Lagoon and Intracoastal Waterway, known for boating, fishing, and wildlife viewing. Nature lovers can explore the scenic trails and boardwalks at Turkey Creek Sanctuary, a 130-acre preserve where visitors may spot manatees, otters, birds, and other native wildlife.
The local dining scene offers waterfront favorites like Lazy Turtle RiverFront Grill & Tiki Bar and The Shack Riverfront Restaurant and Tiki Bar, known for great food, live music, and relaxing river views. Families are also just a short drive from popular attractions including Andretti Thrill Park, Brevard Zoo, and the world-famous Kennedy Space Center.
With a pool, multiple living spaces, and a versatile bonus room, this home truly stands out in today's market. Call to schedule your showing today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 10, 2026 | Sold | ||
| Sold | |||
| Jun 15, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | Price Decreased |
$309,900
↓ $10K
(3.1%) | |
| Price Decreased | |||
| May 21, 2026 | Relisted | $319,900 | |
| Relisted | |||
| May 18, 2026 | Price Decreased |
$319,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017