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Brevard 32951
235 Atlantic Drive S
$393,000
● House - Off Market

235 Atlantic Drive S

Melbourne Beach, FL 32951
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,734 Ft²
$558,381
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

This One Story, Split Plan, Concrete Block Home on the Crystal Lake Canal ( Non-Navigable.) Nice large lot beautifully landscaped with a 2 car garage and Open Floor-Plan. New Deep Well In 2019 and a Non-Chlorine water treatment system. Porcelain Flooring throughout.Large Master Bedroom and Bath. Eat-in Kitchen Nook Area and a Large Air-Conditioned Laundry Room.Washer and Dryer included. Large Trussed Porch overlooking the Canal too. Excellent Location approximately 3 miles south of The Driftwood Plaza/Publix Shopping center. Walk to the Ocean Access just 3 lots East across A1A Which is only a 2 lane highway. Approximately 8.5 Miles North of the Sebastian Inlet State Park and Wildlife Sanctuary open to the Public 24/7.
Unit Size
1,734 Ft²
Days on Market
67 days
Land Size
0.28 acres
Price per sqft
$245
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1986

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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: 6 months ago (Space Coast MLS #887409)

Price History

Date / Event Date Event Price
Dec 18, 2020 Sold
Premium
Sold
Oct 10, 2020 Listed by Salt Water Realty of Brevard $425,000
Listed by Salt Water Realty of Brevard
Jan 18, 2017 Sold
Premium
Sold
Dec 7, 2016 Listed by Salt Water Realty of Brevard $299,900
Listed by Salt Water Realty of Brevard

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • 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: 529
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 940
  • Total Building Area: 2,633
  • Gross Building Area: 2,633
  • Building Area: 1,734
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,734
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRYSTAL LAKE 1ST ADDN
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CRYSTAL LAKE 1ST ADDN W 25 FT OF LOT 2 & LOT 3 BLK H EXC W 6 FT OF LOT 3

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066104

Zoning

  • Zoning: RU-1-13

Geography

  • Assessors Map Reference: 408
  • Account Number: 2953446
  • Parcel: 29-38-10-GW-0000H.0-0002.00
  • Block: H
  • Lot: 2
  • Meridian: SEC 10 TWN 29S RNG 38E
  • Municipality: UNINCORP DISTRICT 3
  • Latitude: 27.9831
  • Longitude: -80.5191

    Address

  • Full Address: 235 Atlantic Dr
  • Address - House Number: 235
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne Beach
  • Carrier Code: R084
  • 4-Digit Zip Code: 3228
  • Zip Code: 32951

Valuation

    Tax

  • Total Area: 2,144
  • Tax Year: 2022
  • Tax Amount: $653,664
  • Tax Rate Code Area: 3400

    Appraisal Valuation

  • Standard Deviation: 0.1969
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 696,628
  • High Value: 833,800
  • Low Value: 559,456

    Market Valuation

  • Market Total Value: $546,170

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $546,170

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 16, 2020
  • Current Sale Recording Date: Dec 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020283843
  • Previous Sale Recording Date: Jan 18, 2017
  • Previous Sale Contract Date: Jan 17, 2017
  • Previous Sale Amount: $300,000
  • 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 Brevard

Stats & Trends

Median Asking:

$366,000

Sale Price/ft²

$216

Above Asking

0.14%

Average Days on Market

77

Average Home Size

1819 ft²

Average Home Age

28.9 years

Currently For Sale

3861 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 112 Casseekee Trail, Melbourne Beach, FL, 32951

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,350 ft²
112 Casseekee Trail #2112, Melbourne Beach, FL, 32951 Listing by Laura L Dowling Roy PA

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Patricia J Halpin, Salt Water Realty of Brevard
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 887409
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 235 Atlantic Drive built and last sold?
The property at 235 Atlantic Drive was built in 1986 and last sold on Dec 16, 2020 for $393,000.
How much is this home worth?
The estimated value of the home located at 235 Atlantic Drive is $421,531.
What are some comparable homes to 235 Atlantic Drive?
There are currently no comparable homes to 235 Atlantic Drive.
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