18
Map
$139,000
●
Condo -
In Contract
2975 Thrush Drive #227
Melbourne, FL 32935
2 Beds
2 Baths
986 Ft²
$1,206
Est. Monthly
$374
HOA / Fees
About This Property
BRING ALL OFFERS... Investor's Dream Opportunity! Presenting Unit
227 at 2975 Thrush Drive--a prime investment within a fully
CBS-constructed complex, ensuring unparalleled durability and
security. The condo has laminate flooring, and tile in the
bathrooms and kitchen. A new water heater. The exterior has also
received a fresh coat of paint, enhancing the overall aesthetic
appeal of the complex. Lease is till August 25th, 2026 (FULL MARKET
RENT).
This community is designed to cater to your every need, with a comprehensive HOA package that covers water, internet, cable TV, pest control, sewer, trash disposal, exterior maintenance, and reserve funds allocated for essential elements like the roof, paint, parking areas, and shared amenities. Residents can enjoy a wealth of facilities, including a sparkling pool, tennis courts, and shuffleboard.
This community is designed to cater to your every need, with a comprehensive HOA package that covers water, internet, cable TV, pest control, sewer, trash disposal, exterior maintenance, and reserve funds allocated for essential elements like the roof, paint, parking areas, and shared amenities. Residents can enjoy a wealth of facilities, including a sparkling pool, tennis courts, and shuffleboard.
Unit Size
986 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$141
Property Type
Condo
Property Taxes
$149
HOA Dues
$374
Year Built
-
Listed By
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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: 7 months ago (Space Coast MLS #1067707)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2026 | In contract | - | |
| In contract | |||
| Apr 6, 2026 | Relisted | $139,000 | |
| Relisted | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Mar 7, 2026 | Price Decreased |
$139,000
↓ $14K
(8.9%) | |
| Price Decreased | |||
| Jan 27, 2026 | Listed by ZOOM Realty Group LLC | $152,500 | |
| Listed by ZOOM Realty Group LLC | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, Other
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Open Floorplan
Appliances: Dishwasher, Microwave, Refrigerator
Flooring Type: Tile, Vinyl
Laundry Features: In Unit
Exterior Details
Has Property Attached
Square Footage: 986
Square Footage Source: $0
Architectural Style: Other
Year Built: 1985
Levels: One
Construction Materials: Block, Stucco
Lot Features: Other
Lot Size Area: 0.07
Lot Size Units: Acres
Lot Size Acres: 0.07
Lot Size Square Feet: 3049
Water Source: Public
Financial Details
Tax Annual Amount: $1,787
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water
HOA/Condo/Coop Amenities: Barbecue, Cable TV, Maintenance Grounds, Pool, Shuffleboard Court, Tennis Court(s), Trash, Water, Management - Full Time
HOA Fee: $374
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/06/2024
|
2 Bed
|
2 Bath
|
986 ft²
|
$180,000
2 Bed
2 Bath
986 ft²
|
$172,500
-4.17%
03/11/2025
|
Karen Wojnowski
Coldwell Banker Paradise - Satellite Beach
| |
|
10/24/2023
|
2 Bed
|
2 Bath
|
986 ft²
|
$195,000
2 Bed
2 Bath
986 ft²
|
$180,000
-7.69%
02/07/2024
|
Althea Innis
Keller Williams Realty Brevard
| |
|
06/09/2023
|
2 Bed
|
2 Bath
|
986 ft²
|
$209,900
2 Bed
2 Bath
986 ft²
|
$194,500
-7.34%
07/18/2023
|
Cole Nichter
EXP Realty, LLC
| |
|
09/23/2022
|
2 Bed
|
2 Bath
|
988 ft²
|
$215,000
2 Bed
2 Bath
988 ft²
|
$185,000
-13.95%
04/13/2023
|
Carolyn S Killick
Hart to Hart Real Estate, Inc.
| |
|
02/03/2022
|
2 Bed
|
2 Bath
|
986 ft²
|
$158,900
2 Bed
2 Bath
986 ft²
|
$158,900
02/17/2022
|
Linda Thomas-Termini
RE/MAX Aerospace Realty
| |
|
03/26/2020
|
2 Bed
|
2 Bath
|
986 ft²
|
$99,500
2 Bed
2 Bath
986 ft²
|
$95,000
-4.52%
05/08/2020
|
Elizabeth Patterson
BHHS Florida Realty
| |
|
10/10/2019
|
2 Bed
|
2 Bath
|
986 ft²
|
$89,000
2 Bed
2 Bath
986 ft²
|
$81,500
-8.43%
11/25/2019
|
Jantina Getz
RE/MAX Solutions
| |
|
07/02/2019
|
2 Bed
|
2 Bath
|
986 ft²
|
$94,900
2 Bed
2 Bath
986 ft²
|
$84,000
-11.49%
07/17/2019
|
Bill Strick
RE/MAX Aerospace Realty
| |
|
03/25/2015
|
2 Bed
|
2 Bath
|
986 ft²
|
$56,400
2 Bed
2 Bath
986 ft²
|
$53,000
-6.03%
04/10/2015
|
Virginia Conley
Island Metro Realty of Brevard
| |
|
03/04/2015
|
2 Bed
|
2 Bath
|
986 ft²
|
$54,900
2 Bed
2 Bath
986 ft²
|
$50,000
-8.93%
03/31/2015
|
Steven Munich
RE/MAX ALTERNATIVE REALTY
| |
|
03/08/2014
|
2 Bed
|
2 Bath
|
986 ft²
|
$43,900
2 Bed
2 Bath
986 ft²
|
$41,000
-6.61%
03/21/2014
|
David Geer
RE/MAX Aerospace Realty
| |
|
10/03/2013
|
2 Bed
|
2 Bath
|
986 ft²
|
$35,000
2 Bed
2 Bath
986 ft²
|
$26,000
-25.71%
01/30/2014
|
David Jelinek
EXP Realty, LLC
| |
|
05/06/2013
|
2 Bed
|
2 Bath
|
986 ft²
|
$39,900
2 Bed
2 Bath
986 ft²
|
-
05/08/2013
|
Laura Lewis
Atlantic Real Estate Brokerage
| |
|
03/05/2013
|
2 Bed
|
2 Bath
|
986 ft²
|
$29,900
2 Bed
2 Bath
986 ft²
|
$28,500
-4.68%
05/19/2014
|
Laura Lewis
RE/MAX Solutions
| |
|
12/01/2012
|
2 Bed
|
2 Bath
|
986 ft²
|
$39,900
2 Bed
2 Bath
986 ft²
|
$37,000
-7.27%
12/17/2012
|
Wendy Murray
One Sotheby's International
| |
|
06/22/2012
|
2 Bed
|
2 Bath
|
986 ft²
|
$34,900
2 Bed
2 Bath
986 ft²
|
$34,900
10/05/2012
|
Mitch Ribak
Tropical Realty Beachside
| |
|
05/18/2012
|
2 Bed
|
2 Bath
|
986 ft²
|
$34,900
2 Bed
2 Bath
986 ft²
|
$32,277
-7.52%
07/06/2012
|
Jo Ann Haven
EXP Realty LLC
| |
|
04/09/2012
|
2 Bed
|
2 Bath
|
986 ft²
|
$32,900
2 Bed
2 Bath
986 ft²
|
$31,900
-3.04%
05/25/2012
|
Patsy Klein
Real Estate Direct of Florida
|
Building Info
About Pinewood Village
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Listed by: Cole Nichter, ZOOM Realty Group LLC
Last Updated: 7 months ago
Data Source: Space Coast MLS, MLS# 1067707
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.
Last Updated: 7 months ago
Data Source: Space Coast MLS, MLS# 1067707
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