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Brevard 32951
295 Atlantic Drive
$750,000
● House - Off Market

295 Atlantic Drive

Melbourne Beach, FL 32951
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,046 Ft²
$812,921
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Capture the laid-back island lifestyle of Melbourne Beach in the wonderful community of Crystal Lakes. Enjoy kayaking, canoeing and fishing just out the back door of your BRAND NEW home. Entertain in the open-concept kitchen and family room. The split-plan design offers a private escape to the spacious owner's suite overlooking the canal, 2 large bedrooms and a home office that could be transformed into a 4th bedroom. This property is just a short walk/ride to the secluded beaches that make this a nature-lover's paradise. Relish in the convenience of this home's nearby amenities including endless outdoor fun, a state-protected nature trail, Sebastian Inlet state park, fishing piers, playgrounds, restaurants, and of course, Brevard's award-winning schools.
Unit Size
2,046 Ft²
Days on Market
154 days
Land Size
0.22 acres
Price per sqft
$391
Property Type
House
Property Taxes
-
HOA Dues
$50
Year Built
-

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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: 5 months ago (Space Coast MLS #950042)

Price History

Date / Event Date Event Price
May 9, 2023 Sold
Premium
Sold
Nov 4, 2022 Listed by One Sotheby's International $799,000
Listed by One Sotheby's International
Oct 23, 2018 Sold
Premium
Sold
Aug 22, 2018 Listed by One Sotheby's International $129,000
Listed by One Sotheby's International

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • 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: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • 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: 0010
  • Legal Description 1: CRYSTAL LAKE 1ST ADDN LOT 9 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: 2953452
  • Parcel: 29-38-10-GW-0000H.0-0009.00
  • Block: H
  • Lot: 9
  • Meridian: SEC 10 TWN 29S RNG 38E
  • Municipality: UNINCORP DISTRICT 3
  • Latitude: 27.9831
  • Longitude: -80.5206

    Address

  • Full Address: 295 Atlantic Dr
  • Address - House Number: 295
  • 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

  • Tax Year: 2022
  • Tax Amount: $177,413
  • Tax Rate Code Area: 3400

    Appraisal Valuation

  • Standard Deviation: 0.4918
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 1
  • Final Value: 659,072
  • High Value: 983,237
  • Low Value: 334,906

    Open Liens

  • First Open Lien Mortgage Lender:
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  • First Open Lien Mortgage Recording Date:
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  • First Open Lien Mortgage Loan Amount:
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  • First Open Lien Mortgage Term:
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  • First Open Lien Mortgage Position:
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  • First Open Lien Mortgage Loan Type:
    Premium
  • First Open Lien Mortgage Loan Due Date:
    Premium

    Market Valuation

  • Market Total Value: $192,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $192,500

    Sales

  • Current Sale Contract Date: Apr 27, 2023
  • Current Sale Recording Date: May 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 93241
  • Previous Sale Recording Date: Oct 23, 2018
  • Previous Sale Contract Date: Oct 22, 2018
  • Previous Sale Amount: $110,000
  • 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

Below Asking

0.02%

Average Days on Market

69

Average Home Size

1823 ft²

Average Home Age

29.8 years

Currently For Sale

5446 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 6201 Treetop Drive, Melbourne Beach, FL, 32951

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,332 ft²
6201 Treetop Drive, Melbourne Beach, FL, 32951 Listing by Amanda Moyles Gonnella

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Gibbs Baum, One Sotheby's International
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 950042
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 295 Atlantic Drive built and last sold?
The property at 295 Atlantic Drive was built in and last sold on Apr 27, 2023 for $750,000.
How much is this home worth?
The estimated value of the home located at 295 Atlantic Drive is $0.
What are some comparable homes to 295 Atlantic Drive?
There are currently no comparable homes to 295 Atlantic Drive.
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