42
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$484,900
↑ $6K (1.2%)
●
House -
For Sale
3212 Constellation Drive
Melbourne, FL 32940
4 Beds
2 Baths,
1
Half Bath
2,353 Ft²
$2,755
Est. Monthly
$51
HOA / Fees
About This Property
NEW Roof and Hot Water Heater - September 2026. This is a
beautifully remodeled home located in the gated community of
Pineda Ridge in the heart of Melbourne. The kitchen boasts granite
counter tops, 42-inch cabinets with crown molding and backsplash.
The spacious first floor master bedroom features NEW carpet, walk
in closet, separate tub and frameless shower, and double vanity.
Upstairs you will be greeted by a massive loft area that could be
used as a 4th bedroom/office. Upstairs you will also find the
second full bathroom along with the other two bedrooms. IMPACT
WINDOWS were installed on the second story! Out back, you
will find your oversized screened, tiled patio and a backyard with
plenty of space for a pool! New vinyl fence - March 2026. New
refrigerator, microwave and dishwasher - 2024. Stove and oven 2021.
New LVP flooring in 2 bedrooms. New carpet.
Unit Size
2,353 Ft²
Days on Market
16 days
Land Size
0.16 acres
Price per sqft
$206
Property Type
House
Property Taxes
$322
HOA Dues
$51
Year Built
2011
Listed By
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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: 15 days ago (Space Coast MLS #1073915)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2026 | Price Increased |
$484,900
↑ $6K
(1.2%) | |
| Price Increased | |||
| Sep 4, 2026 | Relisted | $479,000 | |
| Relisted | |||
| Aug 24, 2026 | In contract | - | |
| In contract | |||
| Jul 22, 2026 | Price Decreased |
$479,000
↓ $11K
(2.2%) | |
| Price Decreased | |||
| Jul 3, 2026 | Price Decreased |
$489,900
↓ $5K
(1%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Kitchen Island, Walk-In Closet(s), Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms
Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Solar Hot Water, Washer
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup, Lower Level, Washer Hookup
Exterior Details
Square Footage: 2353
Square Footage Source: $0
Property Condition: Updated/Remodeled
Architectural Style: Traditional
Year Built: 2011
Construction Materials: Concrete, Stucco
Patio and Porch Features: Patio, Screened
Lot Features: Other
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Acres: 0.16
Lot Size Square Feet: 6970
Water Source: Public
Financial Details
Tax Annual Amount: $3,861
Utilities Details
Cooling Type: Central Air, Multi Units
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Gated, Pool, Other
HOA Fee: $616
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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HOA + Taxes
About Pineda Ridge
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Listed by: Nick F Farinella, Denovo Realty
Last Updated: 15 days ago
Data Source: Space Coast MLS, MLS# 1073915
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: 15 days ago
Data Source: Space Coast MLS, MLS# 1073915
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