by Global Lifestyle Properties
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Palm Bay 32905 Port Malabar
2951 Gemini AVENUE NE
$181,000
● House - Off Market

2951 Gemini AVENUE NE

PALM BAY, FL 32905
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,328 Ft²
$1,195
Est. Monthly
12.53%
Cap Rate

About This Property

Palm Bay Single Family Home Full of Potential! **All tile flooring. **2 living spaces & dining area. **Large screened in patio with additional paver patio. **2 backyard sheds. **Interior laundry room with washer & dryer hookups. **City water & sewer. **All daily needs including employment, restaurants, shopping, and river access easily accessible within minutes.
Unit Size
1,328 Ft²
Days on Market
111 days
Land Size
0.17 acres
Price per sqft
$151
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1969

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: 3 years ago (Stellar MLS #P4929331)

Price History

Date / Event Date Event Price
Jun 12, 2024 Sold
Premium
Sold
May 20, 2024 In contract -
In contract
Feb 22, 2024 Listed by REALTY EXECUTIVES SPACE COAST $199,900
Listed by REALTY EXECUTIVES SPACE COAST
Jan 23, 2024 Sold
Premium
Sold
Sep 12, 2007 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • 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: 3
  • Garage Square Area: 170
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 77
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,498
  • Gross Building Area: 1,498
  • Building Area: 1,328
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PORT MALABAR UNIT 4
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: PORT MALABAR UNIT 4 LOT 7 BLK 60

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 065201

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: 368
  • Account Number: 2833368
  • Parcel: 28-37-25-FO-00060.0-0007.00
  • Block: 60
  • Lot: 7
  • Meridian: SEC 25 TWN 28S RNG 37E
  • Municipality: PALM BAY
  • Latitude: 28.0148
  • Longitude: -80.5824

    Address

  • Full Address: 2951 Gemini Ave Ne
  • Legal Unit: 4
  • Address - House Number: 2951
  • Street Segment Direction: NE
  • Address - Street Name: Gemini
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Palm Bay
  • Carrier Code: C002
  • 4-Digit Zip Code: 5716
  • Zip Code: 32905

Valuation

    Tax

  • Total Area: 1,379
  • Tax Year: 2022
  • Tax Amount: $255,073
  • Tax Rate Code Area: 34U0

    Appraisal Valuation

  • Standard Deviation: 0.2191
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 260,572
  • High Value: 317,688
  • Low Value: 203,456

    Market Valuation

  • Market Total Value: $160,320

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $160,320

    Sales

  • Current Sale Contract Date: Jan 23, 2024
  • Current Sale Recording Date: Jan 23, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 23
  • Current Sale Input Document Number: 14220
  • Previous Sale Recording Date: Sep 12, 2007
  • Previous Sale Contract Date: Aug 31, 2007
  • Previous Sale Amount: $159,000
  • 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 Port Malabar

Stats & Trends

Median Asking:

$325,990

Sale Price/ft²

$192

Below Asking

0.02%

Average Days on Market

78

Average Home Size

1778 ft²

Average Home Age

16.7 years

Currently For Sale

1401 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 5055 Dixie Highway Ne, Palm Bay, FL, 32905

$2,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,480 ft²
5055 Dixie Highway Ne #B106, Palm Bay, FL, 32905 Listing by Dana Calderaro
Unit for rent at 5011 Dixie Highway Ne, Palm Bay, FL, 32905

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,480 ft²
5011 Dixie Highway Ne #210, Palm Bay, FL, 32905 Listing by Sharon L Maynard

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Mary Crawford
REALTY EXECUTIVES SPACE COAST
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# P4929331
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2951 Gemini Avenue Northeast built and last sold?
The property at 2951 Gemini Avenue Northeast was built in 1969 and last sold on Jan 23, 2024 for $151,100.
How much is this home worth?
The estimated value of the home located at 2951 Gemini Avenue Northeast is $0.
What are some comparable homes to 2951 Gemini Avenue Northeast?
There are currently no comparable homes to 2951 Gemini Avenue Northeast.
Recent Neighborhood News
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
The Current Status of iBuying in 2026: What To Know
Popular Searches
Palm Bay Homes for Sale
Palm Bay Houses for Sale
Palm Bay Condos for Sale
Palm Bay Townhouses for Sale
Palm Bay Multifamily for Sale
Palm Bay Land for Sale
Palm Bay Commercial for Sale
Palm Bay Homes with Basements
Nearby Cities
Melbourne Homes for Sale
West Melbourne Homes for Sale
Sebastian Homes for Sale
Micco Homes for Sale
Satellite Beach Homes for Sale
Indian Harbour Beach Homes for Sale
Grant-Valkaria Homes for Sale
South Patrick Shores Homes for Sale
Nearby Property Records
Brevard County, FL Property Records
Indian River County, FL Property Records
Osceola County, FL Property Records
St. Lucie County, FL Property Records
Okeechobee County, FL Property Records
Orange County, FL Property Records
Highlands County, FL Property Records
Seminole County, FL Property Records
Neighborhoods
Barefoot Bay Real Estate
Port Malabar Country Club Real Estate
Indialantic by The Sea Real Estate
Bowe Gardens Real Estate
Grand Haven Real Estate
Sherwood Park Real Estate
Baytree Real Estate
Aquarina Real Estate
Nearby Counties
Melbourne Homes for Sale
Indialantic-Melbourne Beach 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 Port Malabar
Top Agents in Palm Bay
Top Agents in Melbourne
Top Agents in Melbourne
Top Agents in 32909
Top Agents in 32940
Top Agents in Indialantic-Melbourne Beach
Top Agents in 32907