3200 Aurora Road
About This Property
Whether you're looking to create a private residential compound or develop a high-demand multi-family project, this site offers exceptional value in a rapidly growing area. Opportunities like this in such a sought-after location don't come around often!
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2026 | Relisted | $995,000 | |
| Relisted | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Aug 3, 2026 | Listed by Waterman Real Estate Inc. | $995,000 | |
| Listed by Waterman Real Estate Inc. | |||
| May 14, 2026 | Listed by Waterman Real Estate Inc. | $969,900 | |
| Listed by Waterman Real Estate Inc. | |||
| |||
|
Own 11.54 Prime Acres in the Heart of Melbourne and the Desirable Lake Washington Area! This spectacular site offers a rare opportunity to invest in one of Brevard County's fastest-growing areas. With a beautiful natural setting and plenty of usable land, the property provides endless possibilities for future development opportunities.
A portion of the property lies within the county, while 5.03 acres are annexed into the City of Melbourne with city water and sewer available. Approximately 2.89 acres consist of wetlands, still leaving ample usable space to bring your vision to life.
Rare opportunity in a highly desirable location with endless potential!
| |||
| May 3, 2023 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Brevard
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,000 /mo
- 2 Beds
- 2 Baths
- 1,000 ft²
$2,000 /mo
- 2 Beds
- 2 Baths
- 1,000 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017