22
Map
$151,000
●
Condo -
Off Market
325 Tangle Run Boulevard #1116
Melbourne, FL 32940
2 Beds
2 Baths
1,478 Ft²
$1,380
Est. Monthly
$525
HOA / Fees
11.43%
Cap Rate
About This Property
You don't want to miss this spacious condo located in the heart of
Suntree! Whether you are looking for a primary residence, a winter
getaway, or an excellent investment opportunity, this property is a
perfect fit.
The home features an open-concept living area with a built-in wet bar that overlooks a private patio, making it ideal for indoor/outdoor entertaining. It includes two generously sized bedrooms and two full bathrooms, with a large walk-in closet in the primary suite. Assigned parking space and private storage locker included. You can truly relax here, as the HOA covers lawn care, trash, pest control, and the water/sewer bill. The location is unbeatable--situated close to excellent shops, schools, restaurants, and I-95.
The home features an open-concept living area with a built-in wet bar that overlooks a private patio, making it ideal for indoor/outdoor entertaining. It includes two generously sized bedrooms and two full bathrooms, with a large walk-in closet in the primary suite. Assigned parking space and private storage locker included. You can truly relax here, as the HOA covers lawn care, trash, pest control, and the water/sewer bill. The location is unbeatable--situated close to excellent shops, schools, restaurants, and I-95.
Unit Size
1,478 Ft²
Days on Market
94 days
Land Size
0.06 acres
Price per sqft
$108
Property Type
Condo
Property Taxes
$73
HOA Dues
$525
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: 3 months ago (Space Coast MLS #1077140)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2026 | Sold | ||
| Sold | |||
| Jul 13, 2026 | In contract | - | |
| In contract | |||
| May 12, 2026 | Listed by Nexthome Coastal Vista | $159,000 | |
| Listed by Nexthome Coastal Vista | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Assigned, Parking Lot
Interior Details
Full Bathrooms: 2
Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Laundry Features: In Unit
Exterior Details
Has Property Attached
Square Footage: 1478
Square Footage Source: $0
Year Built: 1981
Levels: One
Construction Materials: Block
Patio and Porch Features: Patio
Lot Features: Few Trees
Lot Size Area: 0.06
Lot Size Units: Acres
Lot Size Acres: 0.06
Lot Size Square Feet: 2614
Water Source: Public
Financial Details
Tax Annual Amount: $880
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Pest Control, Sewer, Trash, Water
HOA Fee: $525
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 |
|---|---|---|---|---|---|---|---|
|
05/12/2026
|
2 Bed
|
2 Bath
|
1478 ft²
|
$159,000
2 Bed
2 Bath
1478 ft²
|
$151,000
-5.03%
08/14/2026
|
Rita Soni
Dale Sorensen Real Estate Inc.
| |
|
02/17/2026
|
2 Bed
|
2 Bath
|
1478 ft²
|
$189,900
2 Bed
2 Bath
1478 ft²
|
$165,000
-13.11%
07/17/2026
|
Christine David
WATSON REALTY CORP
| |
|
11/13/2025
|
2 Bed
|
2 Bath
|
1478 ft²
|
$179,000
2 Bed
2 Bath
1478 ft²
|
$174,000
-2.79%
12/29/2025
|
John Wilkerson, Sr
REALTY XD LLC
| |
|
10/02/2025
|
2 Bed
|
2 Bath
|
1745 ft²
|
$205,000
2 Bed
2 Bath
1745 ft²
|
$175,000
-14.63%
11/25/2025
|
Kheyla Soriano
Blue Marlin Real Estate
| |
|
03/10/2025
|
2 Bed
|
2 Bath
|
1478 ft²
|
$224,900
2 Bed
2 Bath
1478 ft²
|
$190,000
-15.52%
05/07/2025
|
Donald Smith
Charles Rutenberg Realty
| |
|
12/17/2024
|
2 Bed
|
2 Bath
|
1746 ft²
|
$215,000
2 Bed
2 Bath
1746 ft²
|
$205,000
-4.65%
02/04/2025
|
Gali Gleicher
EXIT 1st Class Realty
| |
|
07/30/2024
|
2 Bed
|
2 Bath
|
1478 ft²
|
$225,000
2 Bed
2 Bath
1478 ft²
|
$140,000
-37.78%
09/05/2024
|
Lindsey Michels
One Sotheby's International
| |
|
12/10/2023
|
2 Bed
|
2 Bath
|
1478 ft²
|
$289,900
2 Bed
2 Bath
1478 ft²
|
-
-
|
Kaitlyn Gonzalez
Compass
| |
|
05/31/2022
|
2 Bed
|
2 Bath
|
1478 ft²
|
$195,000
2 Bed
2 Bath
1478 ft²
|
$195,000
06/28/2022
|
Cindy Manzo
RE/MAX Aerospace Realty
| |
|
04/30/2021
|
2 Bed
|
2 Bath
|
1478 ft²
|
$145,000
2 Bed
2 Bath
1478 ft²
|
$137,000
-5.52%
06/28/2021
|
Karen Horak
RE/MAX Aerospace Realty
| |
|
01/14/2021
|
2 Bed
|
2 Bath
|
1478 ft²
|
$176,900
2 Bed
2 Bath
1478 ft²
|
$176,000
-0.51%
02/11/2021
|
Muriel Kimball
One Sotheby's International
| |
|
10/14/2020
|
2 Bed
|
2 Bath
|
1478 ft²
|
$128,000
2 Bed
2 Bath
1478 ft²
|
$120,000
-6.25%
12/23/2020
|
Maureen Copeland
RE/MAX Aerospace Realty
| |
|
04/02/2020
|
2 Bed
|
2 Bath
|
-
|
$179,200
2 Bed
2 Bath
|
$179,200
10/15/2020
|
Ginger Shoemaker
RE/MAX Aerospace Realty
| |
|
02/08/2020
|
2 Bed
|
2 Bath
|
1478 ft²
|
$135,000
2 Bed
2 Bath
1478 ft²
|
$122,000
-9.63%
07/31/2020
|
Stacey Gordon
Blue Marlin Real Estate CB
| |
|
10/10/2019
|
2 Bed
|
2 Bath
|
1478 ft²
|
$209,000
2 Bed
2 Bath
1478 ft²
|
-
-
|
-
| |
|
09/28/2019
|
2 Bed
|
2 Bath
|
-
|
$144,900
2 Bed
2 Bath
|
$143,000
-1.31%
11/21/2019
|
Sharon Pinette
Coconut Properties Fl Real Est
| |
|
02/17/2019
|
2 Bed
|
2 Bath
|
1478 ft²
|
$103,000
2 Bed
2 Bath
1478 ft²
|
$90,000
-12.62%
12/20/2019
|
Donna Gianotti-Kelley
Space Coast Realty & Inv. LLC
| |
|
02/10/2019
|
2 Bed
|
2 Bath
|
1478 ft²
|
$129,900
2 Bed
2 Bath
1478 ft²
|
$122,000
-6.08%
05/09/2019
|
Fonda F Cote
Fonda Fay's Global Realty, Inc
| |
|
06/20/2018
| |
2 Bed
|
2 Bath
|
1746 ft²
|
-
2 Bed
2 Bath
1746 ft²
|
-
-
|
-
|
|
05/11/2018
|
2 Bed
|
2 Bath
|
1746 ft²
|
$159,000
2 Bed
2 Bath
1746 ft²
|
$153,000
-3.77%
07/12/2018
|
Catherine Burger
HomeLife Properties, LLC
| |
|
03/16/2018
|
2 Bed
|
2 Bath
|
1478 ft²
|
$140,000
2 Bed
2 Bath
1478 ft²
|
$125,000
-10.71%
05/03/2018
|
Jettie Williams
Williams Realty Group
| |
|
04/12/2017
|
2 Bed
|
2 Bath
|
-
|
$115,000
2 Bed
2 Bath
|
$107,000
-6.96%
07/21/2017
|
Nancy Buzzard
Realty World Curri Properties
| |
|
02/03/2017
|
2 Bed
|
2 Bath
|
-
|
$104,900
2 Bed
2 Bath
|
$105,000
+0.10%
04/14/2017
|
Arthur Miller
Hart To Hart Real Estate, Inc.
| |
|
06/30/2016
|
2 Bed
|
2 Bath
|
1478 ft²
|
$107,900
2 Bed
2 Bath
1478 ft²
|
$102,000
-5.47%
08/17/2016
|
David Netterstrom
Florida Property Center
| |
|
08/30/2015
|
2 Bed
|
2 Bath
|
1478 ft²
|
$92,000
2 Bed
2 Bath
1478 ft²
|
$88,500
-3.80%
09/28/2015
|
Maureen Copeland
RE/MAX Interactive
| |
|
02/18/2015
|
2 Bed
|
2 Bath
|
-
|
$89,900
2 Bed
2 Bath
|
$89,000
-1.00%
05/29/2015
|
Anna Miller
Hart To Hart Real Estate, Inc.
| |
|
01/07/2013
|
2 Bed
|
2 Bath
|
1478 ft²
|
$69,900
2 Bed
2 Bath
1478 ft²
|
$62,500
-10.59%
03/15/2013
|
Cyndi Jones
National Realty of Brevard
| |
|
11/15/2012
|
2 Bed
|
2 Bath
|
-
|
$46,350
2 Bed
2 Bath
|
$45,000
-2.91%
02/28/2013
|
Joan Willis
JW REALTY OF NORTHWEST FLORIDA
| |
|
10/31/2011
|
2 Bed
|
2 Bath
|
1478 ft²
|
$68,900
2 Bed
2 Bath
1478 ft²
|
$65,000
-5.66%
02/16/2012
|
Jettie Williams
Williams Realty Group
|
Building Info
325 Tangle Run Boulevard
325 Tangle Run Boulevard, Melbourne, FL 32940
- 1 Unit for Sale
About Tanglewood at Suntree Country Club
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,400 /mo
- 3 Beds
- 2 Baths
- 1,971 ft²
$3,000 /mo
- 3 Beds
- 2 Baths
- 1,842 ft²
Listed by: Rita Mahesh Soni, Nexthome Coastal Vista
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 1077140
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 months ago
Data Source: Space Coast MLS, MLS# 1077140
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