34
Map
$374,000
↓ $5K (1.3%)
●
House -
For Sale
3390 Areca Palm Avenue
Melbourne, FL 32901
3 Beds
2 Baths
1,884 Ft²
$2,083
Est. Monthly
$21
HOA / Fees
About This Property
Welcome to 3390 Areca Dr, a updated 3BD/2BA, 1,884 sq ft pool home
in Melbourne's desirable Bel Aire Palms. Offered at $379,000 with a
low $250/yr HOA it features a 2022 roof, 2-yr-old A/C, and a
2-yr-old water heater.
The open layout boasts vaulted ceilings, skylights, wood-look floors, custom built-in shelving, and a laundry room with washer/dryer included. The chef's kitchen offers granite counters, a long island bar, stainless steel appliances, and a barn door pantry.
The primary suite features a custom walk-in closet and a spa-like bath with a curbless walk-in wood-tile shower and dual-sink floating vanity. The secondary bath is tastefully updated with custom tile work.
Out back, slide open the glass doors to a fully screened lanai with an inground pool, shade sails, and outdoor dining space. The private fenced yard includes lush garden arbors, mature plants and pool equipment. Minutes to dining, shopping, and Space Coast beaches!
The open layout boasts vaulted ceilings, skylights, wood-look floors, custom built-in shelving, and a laundry room with washer/dryer included. The chef's kitchen offers granite counters, a long island bar, stainless steel appliances, and a barn door pantry.
The primary suite features a custom walk-in closet and a spa-like bath with a curbless walk-in wood-tile shower and dual-sink floating vanity. The secondary bath is tastefully updated with custom tile work.
Out back, slide open the glass doors to a fully screened lanai with an inground pool, shade sails, and outdoor dining space. The private fenced yard includes lush garden arbors, mature plants and pool equipment. Minutes to dining, shopping, and Space Coast beaches!
Unit Size
1,884 Ft²
Days on Market
66 days
Land Size
0.17 acres
Price per sqft
$199
Property Type
House
Property Taxes
$225
HOA Dues
$21
Year Built
1989
Listed By
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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: 17 days ago (Space Coast MLS #1085077)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$374,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Aug 14, 2026 | Listed by Coldwell Banker Paradise | $379,000 | |
| Listed by Coldwell Banker Paradise | |||
| Jul 21, 2015 | Sold | ||
| Sold | |||
| Nov 26, 2014 | Listed by Coldwell Banker Paradise | $175,000 | |
| Listed by Coldwell Banker Paradise | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener, Off Street, On Street
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Primary Bathroom - Shower No Tub, Split Bedrooms
Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Washer
Flooring Type: Tile, Vinyl
Laundry Features: Electric Dryer Hookup, In Unit, Lower Level, Washer Hookup
Rooms: 7
Exterior Details
Square Footage: 1884
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: Updated/Remodeled
Architectural Style: Ranch
Year Built: 1989
Building Area Total: 2284
Levels: One
Window Features: Skylight(s)
Construction Materials: Frame, Stucco
Patio and Porch Features: Covered, Patio, Rear Porch, Screened
Pool Features: In Ground, Screen Enclosure
Pool is Private
Lot Features: Few Trees, Sprinklers In Front, Sprinklers In Rear
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Lot Size Square Feet: 7405
Water Source: Public
Financial Details
Tax Annual Amount: $2,701
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA/Condo/Coop Amenities: Maintenance Grounds
HOA Fee: $250
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Bel-aire Palms
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Matthew Ellis, Coldwell Banker Paradise
Last Updated: 17 days ago
Data Source: Space Coast MLS, MLS# 1085077
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: 17 days ago
Data Source: Space Coast MLS, MLS# 1085077
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