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West Melbourne 32904 Preserve at Heritage Oaks
2345 Botanica Circle
Photo of 2345 Botanica Circle
Sold on Sep 18, 2023

1

Map

$480,000
● House - Off Market

2345 Botanica Circle

Melbourne, FL 32904
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,230 Ft²
$496,782
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

4 Bedroom, 2 1/2 Bath home in West Melbourne's Preserve at Heritage Oaks.  Great location in a gated community close to schools, shopping, the mall & a short drive to the beaches. Over 2200 sq ft under air plus a 3 car garage.  Open split floor plan, whole home generator, storm shutters, & brand new roof (2023), AC 2020.
Unit Size
2,230 Ft²
Days on Market
11 days
Land Size
0.22 acres
Price per sqft
$224
Property Type
House
Property Taxes
$222
HOA Dues
$53
Year Built
2010

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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 months ago (Space Coast MLS #974563)

Price History

Date / Event Date Event Price
Sep 19, 2023 Sold
Premium
Sold
Sep 7, 2023 Listed by Waterman Real Estate, Inc. $499,900
Listed by Waterman Real Estate, Inc.
Jul 1, 2016 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 579
  • Parking Space Count: 2
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Frontage Feet: 760
  • Total Building Area: 3,137
  • Gross Building Area: 3,137
  • Building Area: 2,230
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,230
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRESERVE AT HERITAGE OAKS
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: PRESERVE AT HERITAGE OAKS LOT 52

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 065024

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: MB 53 PG 29
  • Account Number: 2862736
  • Parcel: 28-37-07-07-00000.0-0052.00
  • Lot: 52
  • Meridian: SEC 07 TWN 28S RNG 37E
  • Municipality: WEST MELBOURNE
  • Latitude: 28.0686
  • Longitude: -80.6603

    Address

  • Full Address: 2345 Botanica Cir
  • Address - House Number: 2345
  • Address - Street Name: Botanica
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C006
  • 4-Digit Zip Code: 7342
  • Zip Code: 32904

Valuation

    Tax

  • Total Area: 2,681
  • Tax Year: 2022
  • Tax Amount: $266,295
  • Tax Rate Code Area: 34V0

    Appraisal Valuation

  • Standard Deviation: 0.2429
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 65
  • Final Value: 479,666
  • High Value: 596,200
  • Low Value: 363,131

    Market Valuation

  • Market Total Value: $367,990

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $211,200

    Sales

  • Current Sale Contract Date: Sep 08, 2023
  • Current Sale Recording Date: Sep 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200160
  • Previous Sale Recording Date: Jul 21, 2016
  • Previous Sale Contract Date: Jul 15, 2016
  • 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 Preserve at Heritage Oaks

Stats & Trends

Median Asking:

$924,999

Sale Price/ft²

$224

Above Asking

0.00%

Average Days on Market

39

Average Home Size

4136 ft²

Average Home Age

14 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 193 Dayton Boulevard, FL, 32904

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,656 ft²
193 Dayton Boulevard, FL, 32904 Listing by Nicholas LaMonica
Unit for rent at 195 Dayton Boulevard, FL, 32904

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,656 ft²
195 Dayton Boulevard, FL, 32904 Listing by Nicholas LaMonica
Unit for rent at 1113 Hailey Street, West Melbourne, FL, 32904

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,026 ft²
1113 Hailey Street, West Melbourne, FL, 32904 Listing by Chuck Alzamora

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Andy Waterman, Waterman Real Estate, Inc.
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 974563
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 2345 Botanica Circle built and last sold?
The property at 2345 Botanica Circle was built in 2010 and last sold on Sep 8, 2023 for $480,000.
How much is this home worth?
The estimated value of the home located at 2345 Botanica Circle is $0.
What are some comparable homes to 2345 Botanica Circle?
There are currently no comparable homes to 2345 Botanica Circle.
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