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Brevard 32951
255 Atlantic Drive
$280,000
● House - Off Market

255 Atlantic Drive

Melbourne Beach, FL 32951
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,755 Ft²
$571,700
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

Walk to the beach from this well built and very well maintained pool home on peaceful canal with vaulted ceilings and beautiful tile throughout. Open floor plan with formal dining room and kichen open to family room and spacious pool deck area. Reverse Osmosis Water, Newer Refrigerator, Range, Hot Water Heater, Pool and Water Pumps. Hurricane Shutters. Friendly community and Grade A Schools.
Unit Size
1,755 Ft²
Days on Market
44 days
Land Size
0.22 acres
Price per sqft
$171
Property Type
House
Property Taxes
$325
HOA Dues
$8
Year Built
1998

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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 #688515)

Price History

Date / Event Date Event Price
Mar 16, 2016 Sold
Premium
Sold
Jan 18, 2016 Listed by Coville Getz & Co LLC $349,900
Listed by Coville Getz & Co LLC
Mar 25, 2014 Sold
Premium
Sold
Feb 5, 2014 Listed by Coville Getz & Co LLC $324,900
Listed by Coville Getz & Co LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • 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: 413
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,502
  • Gross Building Area: 2,502
  • Building Area: 1,755
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,755
  • 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: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CRYSTAL LAKE 1ST ADDN LOT 5 BLK H

Neighborhood

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

Zoning

  • Zoning: RU-1-13

Geography

  • Assessors Map Reference: 408
  • Account Number: 2953448
  • Parcel: 29-38-10-GW-0000H.0-0005.00
  • Block: H
  • Lot: 5
  • Meridian: SEC 10 TWN 29S RNG 38E
  • Municipality: UNINCORP DISTRICT 3
  • Latitude: 27.9831
  • Longitude: -80.5197

    Address

  • Full Address: 255 Atlantic Dr
  • Address - House Number: 255
  • 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: 2,087
  • Tax Year: 2022
  • Tax Amount: $380,091
  • Tax Rate Code Area: 3400

    Appraisal Valuation

  • Standard Deviation: 0.1969
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 691,278
  • High Value: 827,397
  • Low Value: 555,159

    Market Valuation

  • Market Total Value: $495,440

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $312,370

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 11, 2016
  • Current Sale Recording Date: Mar 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016048273
  • Previous Sale Recording Date: Mar 25, 2014
  • Previous Sale Contract Date: Mar 21, 2014
  • Previous Sale Amount: $280,000
  • 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:

$365,000

Sale Price/ft²

$216

Above Asking

0.14%

Average Days on Market

78

Average Home Size

1822 ft²

Average Home Age

29.1 years

Currently For Sale

3882 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: Karen Coville, Coville Getz & Co LLC
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 688515
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 255 Atlantic Drive built and last sold?
The property at 255 Atlantic Drive was built in 1998 and last sold on Mar 11, 2016 for $345,000.
How much is this home worth?
The estimated value of the home located at 255 Atlantic Drive is $0.
What are some comparable homes to 255 Atlantic Drive?
There are currently no comparable homes to 255 Atlantic Drive.
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