For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Melbourne 32935 Breeze Ridge
2806 Tropic Road
$235,000
● House - Off Market

2806 Tropic Road

Melbourne, FL 32935
bedrooms
6 Beds
bathrooms
5 Baths
square feet
1,907 Ft²
$286,636
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

6 BEDROOM 5 BATHROOM RENOVATED MELBOURNE HOME WITH 2 IN-LAW SUITES. Perfect for INCOME GENERATING PROPERTY OR ALF. 5 SEPERATE LIVING SPACES EACH WITH PRIVATE ENTRANCE. OWNER COULD LIVE FREE IN 2/1 OR 3/2 OPTION AND USE ADDITIONAL SPACES TO PAY MORTGAGE. Currently producing $3,950 monthly. Tenants are on a mo. Till mo. leases. Upgrades include fully renovated kitchen, bathrooms, A/C, Roof, freshly painted throughout, new windows & doors, oversized tile throughout, stucco, & freshly painted circular driveway. Home has lots of potential and is truly a must see! MOTIVATED SELLER BRING ALL OFFERS! Please text or email for faster response.
Unit Size
1,907 Ft²
Days on Market
17 days
Land Size
0.17 acres
Price per sqft
$139
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
1962

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 6 months ago (Space Coast MLS #916673)

Price History

Date / Event Date Event Price
Feb 4, 2022 Sold
Premium
Sold
Oct 6, 2021 No longer available -
No longer available
Sep 24, 2021 Listed by Home Vision Realty, LLC $265,000
Listed by Home Vision Realty, LLC
Mar 31, 2020 In contract -
In contract
Jan 21, 2020 Relisted $241,000
Relisted
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 10
  • 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: 231
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 59
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 685
  • Total Building Area: 1,788
  • Gross Building Area: 1,788
  • Building Area: 1,705
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,705
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BREEZE RIDGE SUBD
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: BREEZE RIDGE SUBD LOT 17 BLK A

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064500

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 294
  • Account Number: 2721229
  • Parcel: 27-37-19-25-0000A.0-0017.00
  • Block: A
  • Lot: 17
  • Meridian: SEC 19 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.1281
  • Longitude: -80.6688

    Address

  • Full Address: 2806 Tropic Rd
  • Address - House Number: 2806
  • Address - Street Name: Tropic
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C006
  • 4-Digit Zip Code: 8933
  • Zip Code: 32935

Valuation

    Tax

  • Total Area: 1,394
  • Tax Year: 2022
  • Tax Amount: $297,077
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 267,143
  • High Value: 322,973
  • Low Value: 211,312

    Market Valuation

  • Market Total Value: $191,770

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $191,770

    Sales

  • Current Sale Contract Date: Jan 20, 2022
  • Current Sale Recording Date: Feb 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 29306
  • Previous Sale Recording Date: Apr 03, 2019
  • Previous Sale Contract Date: Apr 02, 2019
  • Previous Sale Amount: $130,000
  • 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 Breeze Ridge

Stats & Trends

Median Asking:

$277,450

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

60

Average Home Size

1033 ft²

Average Home Age

64.5 years

Currently For Sale

2 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 2372 Windham Drive, Melbourne, FL, 32935

$3,200 /mo

  • 4 Beds
  • 2 Baths
  • 2,569 ft²
2372 Windham Drive, Melbourne, FL, 32935 Listing by Paul Matchett

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Emerson L Murray, Home Vision Realty, LLC
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 916673
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 2806 Tropic Road built and last sold?
The property at 2806 Tropic Road was built in 1962 and last sold on Jan 20, 2022 for $235,000.
How much is this home worth?
The estimated value of the home located at 2806 Tropic Road is $0.
What are some comparable homes to 2806 Tropic Road?
There are currently no comparable homes to 2806 Tropic Road.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Melbourne Homes for Sale
Melbourne Houses for Sale
Melbourne Condos for Sale
Melbourne Townhouses for Sale
Melbourne Multifamily for Sale
Melbourne Land for Sale
Melbourne Commercial for Sale
Melbourne Homes with Basements
Nearby Cities
Palm Bay Homes for Sale
Merritt Island Homes for Sale
Rockledge Homes for Sale
West Melbourne Homes for Sale
Cocoa Beach Homes for Sale
Viera West Homes for Sale
Micco Homes for Sale
Viera East Homes for Sale
Nearby Property Records
Brevard County, FL Property Records
Osceola County, FL Property Records
Indian River County, FL Property Records
Orange County, FL Property Records
Seminole County, FL Property Records
St. Lucie County, FL Property Records
Okeechobee County, FL Property Records
Highlands County, FL Property Records
Neighborhoods
Barefoot Bay Real Estate
Port Malabar Country Club Real Estate
Viera North Real Estate
Heritage Isle Real Estate
Indialantic by The Sea Real Estate
Suntree Real Estate
Bowe Gardens Real Estate
Indian River Colony Club Real Estate
Nearby Counties
Palm Bay Homes for Sale
Cocoa-Rockledge Homes for Sale
Indialantic-Melbourne Beach Homes for Sale
Cocoa Beach-Cape Canaveral Homes for Sale
Malabar Homes for Sale
West Brevard Homes for Sale
Melbourne Shores-Floridana Beach Homes for Sale
Top Real Estate Agents
Top Agents in Breeze Ridge
Top Agents in Melbourne
Top Agents in Palm Bay
Top Agents in Palm Bay
Top Agents in Cocoa-Rockledge
Top Agents in 32909
Top Agents in 32940
Top Agents in Indialantic-Melbourne Beach