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Melbourne 32935 Breeze Ridge
2807 W Eau Gallie Boulevard
$106,000
● House - Off Market

2807 W Eau Gallie Boulevard

Melbourne, FL 32935
bedrooms
3 Beds
bathrooms
2 Baths
square feet
960 Ft²
$157,158
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Investment Opportunity in a desirable area of Melbourne. Close to everything, this property provides the opportunity for instant cash flow and a for an Investor. Property has been very well maintained, priced well for the area and is in good condition. **Property is being sold as part of an investment portfolio. For more information on the investment portfolio and for information on the other available properties, please refer to the documents tab and view the spreadsheet.**
Unit Size
960 Ft²
Days on Market
569 days
Land Size
0.14 acres
Price per sqft
$114
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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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: 5 months ago (Space Coast MLS #823100)

Price History

Date / Event Date Event Price
Mar 23, 2020 Sold
Premium
Sold
Aug 29, 2018 Listed by Keller Williams Realty Brevard $109,900
Listed by Keller Williams Realty Brevard
Feb 23, 2015 Sold
Premium
Sold
Mar 25, 2014 Listed by Keller Williams Realty Brevard $85,900
Listed by Keller Williams Realty Brevard

Property Highlights

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 15
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 149

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 611
  • Total Building Area: 1,257
  • Gross Building Area: 1,257
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 7
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BREEZE RIDGE SUBD
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: BREEZE RIDGE SUBD LOT 10 BLK A EX RD R/W

Neighborhood

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

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 294
  • Account Number: 2721222
  • Parcel: 27-37-19-25-0000A.0-0010.00
  • Block: A
  • Lot: 10
  • Meridian: SEC 19 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.1283
  • Longitude: -80.6688

    Address

  • Full Address: 2807 W Eau Gallie Blvd
  • Address - House Number: 2807
  • Street Direction: W
  • Address - Street Name: Eau Gallie
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C027
  • 4-Digit Zip Code: 8928
  • Zip Code: 32935

Valuation

    Tax

  • Total Area: 1,114
  • Tax Year: 2022
  • Tax Amount: $225,129
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 211,490
  • High Value: 257,442
  • Low Value: 165,538

    Market Valuation

  • Market Total Value: $145,610

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $145,610

    Sales

  • Current Sale Contract Date: Mar 20, 2020
  • Current Sale Recording Date: Mar 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020067504
  • Previous Sale Recording Date: Feb 23, 2015
  • Previous Sale Contract Date: Feb 17, 2015
  • Previous Sale Amount: $190,500
  • 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

$212

Below Asking

0.03%

Average Days on Market

60

Average Home Size

1323 ft²

Average Home Age

64 years

Currently For Sale

3 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 1800 Noel Place, Melbourne, FL, 32935

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,573 ft²
1800 Noel Place #103, Melbourne, FL, 32935 Listing by Ruth Heiniger
Unit for rent at 511 Avignon Drive, Melbourne, FL, 32935

$2,390 /mo

  • 3 Beds
  • 2 Baths
  • 1,592 ft²
511 Avignon Drive, Melbourne, FL, 32935 Listing by Justin K Brown
Unit for rent at 4203 Palladian Way, Melbourne, FL, 32904

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,488 ft²
4203 Palladian Way, Melbourne, FL, 32904 Listing by Gregory Ellingson

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Bradley Griffin, Keller Williams Realty Brevard
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 823100
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 2807 West Eau Gallie Boulevard built and last sold?
The property at 2807 West Eau Gallie Boulevard was built in 1962 and last sold on Mar 20, 2020 for $106,000.
How much is this home worth?
The estimated value of the home located at 2807 West Eau Gallie Boulevard is $0.
What are some comparable homes to 2807 West Eau Gallie Boulevard?
There are currently no comparable homes to 2807 West Eau Gallie Boulevard.
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