$52,500
●
Condo -
Off Market
305 Tangle Run #1227
Melbourne, FL 32940
2 Beds
2 Baths
$107,946
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model
About This Property
Bank approved price of $55K. Hurry! A rare opportunity to own at
this price in a Highly Desirable Suntree Location! Spacious
2-bedroom, 2-bath condo with huge living area, large bedrooms and
plenty of closet space. Conveniently located just minutes to
beaches, shopping and A-rated Suntree/Viera schools.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$98
HOA Dues
$300
Year Built
-
Payment Calculator
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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 (Space Coast MLS #656098)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 2013 | Sold | ||
| Sold | |||
| Dec 12, 2012 | Listed by Heritage Realty of Florida | $55,000 | |
| Listed by Heritage Realty of Florida | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
Parking Details
Parking Features: Assigned
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Breakfast Bar, Open Floorplan, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Other
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Rooms: 5
Exterior Details
Year Built: 1981
Roof: Other
Construction Materials: Block, Concrete, Stucco
Outdoor Living Structures: Porch, Screened
Pool Features: None
Financial Details
Tax Year: 2012
Tax Annual Amount: $1,181
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Utilities: Cable Available, Water Available
Location Details
Association Fee Includes: Cable TV, Insurance, Sewer, Trash, Water
Association Amenities: Maintenance Grounds, Management - Full Time
Association Fee: $300
Association 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 |
|---|---|---|---|---|---|---|---|
|
01/23/2026
|
2 Bed
|
2 Bath
|
1478 ft²
|
$239,900
2 Bed
2 Bath
1478 ft²
|
$230,000
-4.13%
03/04/2026
|
Joseph Friedman
Keller Williams Realty Brevard
| |
|
09/17/2025
|
2 Bed
|
2 Bath
|
1478 ft²
|
$227,000
2 Bed
2 Bath
1478 ft²
|
$180,000
-20.70%
04/10/2026
|
John Wilkerson, Sr
REALTY XD LLC
| |
|
07/22/2025
|
2 Bed
|
2 Bath
|
1478 ft²
|
$205,000
2 Bed
2 Bath
1478 ft²
|
$184,000
-10.24%
08/28/2025
|
Kheyla Soriano
Blue Marlin Real Estate
| |
|
02/26/2024
|
2 Bed
|
2 Bath
|
-
|
$255,000
2 Bed
2 Bath
|
$249,000
-2.35%
05/15/2024
|
Jason M Lande
Denovo Realty
| |
|
05/28/2022
|
2 Bed
|
2 Bath
|
-
|
$279,777
2 Bed
2 Bath
|
$279,777
08/02/2022
|
Sean Hartley
Dalton Wade Inc
| |
|
02/26/2021
|
2 Bed
|
2 Bath
|
-
|
$134,900
2 Bed
2 Bath
|
$130,000
-3.63%
04/26/2021
|
Karen Horak
RE/MAX Aerospace Realty
| |
|
01/27/2021
|
2 Bed
|
2 Bath
|
-
|
$198,900
2 Bed
2 Bath
|
$179,000
-10.01%
05/21/2021
|
Lauren Barley
StarFish Realty
| |
|
02/07/2020
|
2 Bed
|
2 Bath
|
1478 ft²
|
$129,000
2 Bed
2 Bath
1478 ft²
|
-
-
|
-
| |
|
02/11/2020
|
2 Bed
|
2 Bath
|
-
|
$135,000
2 Bed
2 Bath
|
$130,000
-3.70%
03/13/2020
|
Rosalba Bello Matta
Coldwell Banker Realty
| |
|
01/21/2020
|
Studio
|
-
|
-
|
$700,000
Studio
-
|
$641,000
-8.43%
03/08/2021
|
Betty Hart
Hart Real Estate, Inc.
| |
|
12/20/2019
|
2 Bed
|
2 Bath
|
-
|
$145,000
2 Bed
2 Bath
|
$140,000
-3.45%
07/01/2020
|
Raymond Giamporcaro
Keller Williams Realty Brevard
| |
|
12/12/2019
|
2 Bed
|
2 Bath
|
1478 ft²
|
$132,000
2 Bed
2 Bath
1478 ft²
|
$120,000
-9.09%
05/05/2020
|
Dean Friscea
RE/MAX Solutions
| |
|
07/23/2019
|
2 Bed
|
2 Bath
|
1478 ft²
|
$199,000
2 Bed
2 Bath
1478 ft²
|
-
-
|
-
| |
|
01/14/2019
|
2 Bed
|
2 Bath
|
-
|
$139,500
2 Bed
2 Bath
|
$130,000
-6.81%
02/19/2019
|
Lynn Steffen
BHHS Florida Realty
| |
|
10/15/2018
|
2 Bed
|
2 Bath
|
-
|
$199,000
2 Bed
2 Bath
|
$190,000
-4.52%
02/01/2019
|
Karen Osiniak
RE/MAX Elite
| |
|
06/04/2017
|
2 Bed
|
2 Bath
|
-
|
$124,900
2 Bed
2 Bath
|
$117,835
-5.66%
07/18/2017
|
Michael DiGennaro
We Say Sold Inc
| |
|
03/05/2015
|
2 Bed
|
2 Bath
|
-
|
$108,000
2 Bed
2 Bath
|
$102,000
-5.56%
06/19/2015
|
Judith Monica
RE/MAX Elite
| |
|
03/04/2015
|
2 Bed
|
2 Bath
|
-
|
$84,900
2 Bed
2 Bath
|
$80,000
-5.77%
05/26/2015
|
Elizabeth Partridge
Coldwell Banker Paradise
| |
|
11/28/2014
|
2 Bed
|
2 Bath
|
-
|
$67,000
2 Bed
2 Bath
|
$67,001
+0.00%
04/30/2015
|
Josephine Carpenter
RE/MAX Aerospace Realty
| |
|
01/12/2013
|
2 Bed
|
2 Bath
|
-
|
$69,900
2 Bed
2 Bath
|
$64,000
-8.44%
01/30/2013
|
David McWilliams
McWilliams Const.Corp&Realty
| |
|
01/07/2013
|
2 Bed
|
2 Bath
|
-
|
$79,900
2 Bed
2 Bath
|
$68,000
-14.89%
02/22/2013
|
Barbara Lyn
RE/MAX Elite
| |
|
12/12/2012
|
2 Bed
|
2 Bath
|
-
|
$55,000
2 Bed
2 Bath
|
$52,500
-4.55%
06/07/2013
|
Dominick Tosta
Heritage Realty of Florida
| |
|
04/06/2012
|
2 Bed
|
2 Bath
|
-
|
$38,900
2 Bed
2 Bath
|
$38,900
11/14/2012
|
Laureen Trent
Host Realty, Inc.
|
Building Info
305 Tangle Run Boulevard
305 Tangle Run Boulevard, Melbourne, FL 32940
- 1 Unit for Sale
About Tanglewood at Suntree Country Club
Similar Homes for Sale
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$3,400 /mo
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- 1,971 ft²
$3,000 /mo
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- 1,842 ft²
Listed by: Dominick Tosta, Heritage Realty of Florida
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 656098
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 years ago
Data Source: Space Coast MLS, MLS# 656098
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