$172,500
↓ $5K (2.9%)
●
Condo -
Off Market
2975 Thrush Drive #235
Melbourne, FL 32935
2 Beds
2 Baths
986 Ft²
$1,386
Est. Monthly
$344
HOA / Fees
10.65%
Cap Rate
About This Property
This is a well cared for unit which has been a vacation home for
the sellers. Laminate floorings throughout, stainless appliances,
nice size bedrooms, balcony overlooks nature and water. Full size
washer and dryer. Great location close to shopping, beaches,
Wickham Park and major roadways.
Perfect vacation or full-time residence.
Perfect vacation or full-time residence.
Unit Size
986 Ft²
Days on Market
95 days
Land Size
0.07 acres
Price per sqft
$183
Property Type
Condo
Property Taxes
$158
HOA Dues
$344
Year Built
-
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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: 6 months ago (Space Coast MLS #1031428)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$169,900
↓ $5K
(2.9%) | |
| Price Decreased | |||
| Aug 19, 2026 | Listed by Misty Morrison Real Estate | $175,000 | |
| Listed by Misty Morrison Real Estate | |||
   | |||
|
TURN KEY READY HOME! Multi-age Complex with lots of amenities at a VERY LOW HOA. Less than a mile from the locally loved Wickham Park! Close to shopping, beaches, and community events, this cozy home is a Snow bird, College student or Fisherman's dream! Natural light throughout, bright flooring and every amenity you could ask for included: Pool, Tennis and Pickleball court, Sauna, Parking for boat/trailer, extra guest parking, HOA fee includes water, Internet, Premium Cable channels, Exterior insurance, Pest control, Grounds maintenance and more! Private balcony overlooks Florida nature at its best with tree canopies and tranquil pond views. Brand new Washer machine just delivered, dryer and matching Stainless Steel Appliances all convey. This unit is uniquely different than the rest and ready for move in!
| |||
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Feb 10, 2025 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Listed by RE/MAX Aerospace Realty | $180,000 | |
| Listed by RE/MAX Aerospace Realty | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
Flooring Type: Laminate, Tile
Exterior Details
Has Property Attached
Square Footage: 986
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Updated/Remodeled
Year Built: 1985
Waterfront Features: Pond
Construction Materials: Block, Stucco
Patio and Porch Features: Screened
Lot Features: Many Trees
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: $1,894
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Insurance, Internet, Maintenance Grounds, Pest Control, Trash, Water
HOA/Condo/Coop Amenities: Barbecue, Clubhouse, Maintenance Grounds, Pool, Shuffleboard Court, Tennis Court(s), Management - Full Time
HOA Fee: $344
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: Karen Wojnowski, RE/MAX Aerospace Realty
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1031428
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: 6 months ago
Data Source: Space Coast MLS, MLS# 1031428
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