$430,000
●
House -
Off Market
280 Moray Drive
Palm Bay, FL 32908
4 Beds
2 Baths
1,918 Ft²
$2,543
Est. Monthly
$194
HOA / Fees
About This Property
Welcome to your oasis! This beautifully designed 4-bedroom,
2-bathroom home offers a perfect blend of comfort and luxury. Step
outside to a stunning saltwater pool with a screened enclosure,
ideal for relaxing or entertaining with breathtaking lake views.
Equipped with fully owned solar panels for energy efficiency and an
irrigation system to keep your landscaping lush year-round. Inside,
the chef's kitchen features modern finishes and ample space for
cooking. The home also offers tile and luxury vinyl flooring
throughout. Located just 2 hours from Miami and 1 hour from Orlando
and major amusement parks, with shopping centers nearby. Don't miss
your chance to see this spectacular property!
Unit Size
1,918 Ft²
Days on Market
56 days
Land Size
0.14 acres
Price per sqft
$222
Property Type
House
Property Taxes
$261
HOA Dues
$194
Year Built
2018
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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: 10 months ago (Beaches MLS #R11069158)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Listed by Arium Real Estate, LLC | $425,000 | |
| Listed by Arium Real Estate, LLC | |||
| | |||
|
Welcome to your oasis! This beautifully designed 4-bedroom, 2-bathroom home offers the perfect blend of comfort and luxury. Step outside to a stunning saltwater pool with a screened enclosure, providing an ideal space to relax or entertain while enjoying breathtaking lake views. Equipped with fully owned solar panels for energy efficiency and an irrigation system to keep your landscaping lush year-round, this home is built for sustainability and ease. Inside, the kitchen is a chef's dream, featuring modern finishes and ample space for cooking and entertaining. The home features a combination of tile and luxury vinyl flooring, offering durability and style throughout. The spacious master suite provides a peaceful retreat. This home is a rare opportunity to own a property that truly has it all. Located just 2 hours from Miami and 1 hour from Orlando and major amusement parks, with shopping centers nearby. Don't miss your chance to see this spectacular property!
| |||
| Jul 5, 2018 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Brevard
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Listed by: Alisabet Falu Valdes
Arium Real Estate, LLC
Last Updated: 10 months ago
Data Source: Beaches MLS, MLS# R11069158
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Arium Real Estate, LLC
Last Updated: 10 months ago
Data Source: Beaches MLS, MLS# R11069158
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