27
Map
$140,000
↓ $5K (3.4%)
●
Condo -
For Sale
3001 Thrush Drive #224
Melbourne, FL 32935
1 Bed
1 Bath,
1
Half Bath
744 Ft²
$1,182
Est. Monthly
$374
HOA / Fees
About This Property
Move-in ready and offering affordable, low-maintenance living in
the heart of Melbourne, this 1-bedroom, 1.5-bath second-floor condo
in Pinewood Village Condominiums is ready for its next owner. Fresh
interior paint, new carpet, updated ceilings, spacious living and
dining areas, and in-unit washer and dryer hookups add to the
convenience. Enjoy a quiet, well-maintained community with a pool,
clubhouse, tennis courts, pickleball, and shuffleboard.
Conveniently located just 15 minutes from Patrick Space Force Base
and the beaches, with easy access to shopping, dining, US-1, I-95,
and the Eau Gallie Arts District. Whether you're buying your first
home, downsizing, relocating, or looking for a Florida getaway,
this one is worth a look. Motivated seller--an excellent
opportunity to make this Melbourne condo your own!
Unit Size
744 Ft²
Days on Market
86 days
Land Size
0.07 acres
Price per sqft
$188
Property Type
Condo
Property Taxes
$120
HOA Dues
$374
Year Built
-
Listed By
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Cap Rate Calculator
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Income Per Year
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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 days ago (Space Coast MLS #1081798)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 13, 2026 | Price Decreased |
$140,000
↓ $5K
(3.5%) | |
| Price Decreased | |||
| Oct 5, 2026 | Price Decreased |
$145,000
↓ $5K
(3.1%) | |
| Price Decreased | |||
| Sep 14, 2026 | Price Decreased |
$149,700
↓ $100
(0.1%) | |
| Price Decreased | |||
| Aug 29, 2026 | Price Decreased |
$149,800
↓ $100
(0.1%) | |
| Price Decreased | |||
| Aug 11, 2026 | Price Decreased |
$149,900
↓ $5K
(3.3%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Additional Parking, Assigned, Parking Lot, Varies by Unit
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Walk-In Closet(s), Primary Bathroom - Tub with Shower
Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup
Exterior Details
Has Property Attached
Square Footage: 744
Square Footage Source: $0
Year Built: 1984
Levels: One
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Covered, Rear Porch, Screened
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: $1,445
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
HOA/Condo/Coop Amenities: Cable TV, Clubhouse, Laundry, Maintenance Grounds, Pool, Shuffleboard Court, Tennis Court(s), Trash, Water
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 |
|---|---|---|---|---|---|---|---|
|
04/10/2025
|
1 Bed
|
1 Bath
|
744 ft²
|
$145,000
1 Bed
1 Bath
744 ft²
|
$143,000
-1.38%
04/02/2026
|
Neel Sheth
HOME WISE REALTY GROUP, INC.
| |
|
06/18/2024
|
1 Bed
|
1 Bath
|
744 ft²
|
$160,000
1 Bed
1 Bath
744 ft²
|
$140,000
-12.50%
12/27/2024
|
CatherineAnn Platt
One Sotheby's International
| |
|
11/08/2022
|
1 Bed
|
1 Bath
|
744 ft²
|
$159,900
1 Bed
1 Bath
744 ft²
|
$159,900
12/01/2022
|
Domenic Keenan
Vincent Keenan, REALTORS
| |
|
10/05/2022
|
1 Bed
|
1 Bath
|
744 ft²
|
$164,900
1 Bed
1 Bath
744 ft²
|
$164,900
11/07/2022
|
Leann Schneider
Grand Star Realty of Brevard
| |
|
10/28/2021
|
1 Bed
|
2 Bath
|
-
|
$129,000
1 Bed
2 Bath
|
$140,000
+8.53%
12/07/2021
|
Adonnica Williams
First Peak Real Estate
| |
|
08/01/2021
|
1 Bed
|
1 Bath
|
744 ft²
|
$92,000
1 Bed
1 Bath
744 ft²
|
$92,000
10/05/2021
|
Kristin Lindbaek
RE/MAX Elite
| |
|
05/04/2020
|
1 Bed
|
1 Bath
|
744 ft²
|
$79,900
1 Bed
1 Bath
744 ft²
|
$79,900
07/24/2020
|
Barbara C Wall
BHHS Florida Realty
| |
|
01/27/2020
|
1 Bed
|
1 Bath
|
744 ft²
|
$76,500
1 Bed
1 Bath
744 ft²
|
$75,000
-1.96%
03/03/2020
|
Bree Fary
Oceans Realty Florida
| |
|
12/06/2019
|
1 Bed
|
1 Bath
|
744 ft²
|
$73,900
1 Bed
1 Bath
744 ft²
|
$65,000
-12.04%
01/10/2020
|
Michael Vizcarrondo Jr
Signature International RE
| |
|
09/20/2019
|
1 Bed
|
1 Bath
|
744 ft²
|
$75,000
1 Bed
1 Bath
744 ft²
|
$72,000
-4.00%
10/23/2019
|
Tracy Warren
Dale Sorensen Real Estate Inc.
| |
|
08/19/2019
|
1 Bed
|
2 Bath
|
-
|
$70,000
1 Bed
2 Bath
|
$62,000
-11.43%
09/26/2019
|
John Kersting
Beacon Real Estate Sales, LLC
| |
|
12/08/2015
|
1 Bed
|
2 Bath
|
-
|
$39,900
1 Bed
2 Bath
|
$40,000
+0.25%
12/23/2015
|
Nancy May
D. Basile Real Estate, LLC
| |
|
07/08/2015
|
1 Bed
|
2 Bath
|
-
|
$38,900
1 Bed
2 Bath
|
$39,500
+1.54%
07/27/2015
|
Beth Barnett
COLDWELL BANKER REALTY
| |
|
10/22/2014
|
1 Bed
|
1 Bath
|
744 ft²
|
$27,500
1 Bed
1 Bath
744 ft²
|
$26,500
-3.64%
12/19/2014
|
Laura Lewis
RE/MAX Solutions
| |
|
10/11/2014
|
1 Bed
|
1 Bath
|
790 ft²
|
$37,500
1 Bed
1 Bath
790 ft²
|
$34,500
-8.00%
12/29/2014
|
Donna Buchanan
Melbourne Realty, Inc.
| |
|
08/22/2014
|
1 Bed
|
1 Bath
|
744 ft²
|
$27,900
1 Bed
1 Bath
744 ft²
|
$25,500
-8.60%
10/10/2014
|
Joseph Stout
Millenium Realty Group
| |
|
11/10/2013
|
1 Bed
|
1 Bath
|
744 ft²
|
$29,990
1 Bed
1 Bath
744 ft²
|
$21,000
-29.98%
03/28/2014
|
Joyce Hathaway
RE/MAX Aerospace Realty
| |
|
10/10/2013
|
1 Bed
|
1 Bath
|
744 ft²
|
$34,000
1 Bed
1 Bath
744 ft²
|
$32,000
-5.88%
11/08/2013
|
Reagan L Jefferies
SunCoast Real Estate Group
| |
|
06/28/2013
|
1 Bed
|
1 Bath
|
744 ft²
|
$25,000
1 Bed
1 Bath
744 ft²
|
$21,500
-14.00%
08/23/2013
|
Eric Larkin
Coldwell Banker Realty
| |
|
11/01/2012
|
1 Bed
|
2 Bath
|
-
|
$24,000
1 Bed
2 Bath
|
$24,800
+3.33%
03/22/2013
|
Ralph Cochran
RE/MAX Service Team
| |
|
08/14/2012
|
1 Bed
|
1 Bath
|
744 ft²
|
$21,000
1 Bed
1 Bath
744 ft²
|
$21,000
10/26/2012
|
Mitch Ribak
Tropical Realty Beachside
| |
|
05/02/2012
|
1 Bed
|
1 Bath
|
744 ft²
|
$34,900
1 Bed
1 Bath
744 ft²
|
$25,000
-28.37%
06/26/2012
|
Jim Britton
Britton Group, Inc.
|
Building Info
About Pinewood Village
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Listed by: Erica L. Collins, EXP Realty, LLC
Last Updated: 3 days ago
Data Source: Space Coast MLS, MLS# 1081798
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: 3 days ago
Data Source: Space Coast MLS, MLS# 1081798
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