$3,200,000
●
House -
For Sale
3441 N Sylvan Lane
Melbourne, FL 32935
5 Beds
3 Baths,
1
Half Bath
5,304 Ft²
$17,520
Est. Monthly
About This Property
A commanding riverfront residence, solid concrete block top to
bottom, w/ tile roof & impact windows. No HOA. Wrought iron doors
open to a dramatic, soaring foyer w/ sculpted iron railings. The
chef's kitchen anchors the home w/ a massive island, pendant
lighting, quartz counters, pro-style range w/ vent hood, & hidden
pantry, flanked by a sunlit casual dining area & a great rm w/
fireplace & sweeping river views. Elevator serves both levels;
laundry rms up & down. Upstairs, an expansive loft/TV rm showcases
a double-stepped tray ceiling w/ multi-tone wood plank inlay, cove
lighting, & 2nd fireplace. The supersized owner's retreat offers 2
walk-in closets, built-in storage bench, trayed ceiling w/ cove
lighting, & a spa-caliber dual walk-in shower w/ seated bench.
Private balcony overlooks the river beyond. 2 additional bdrms
complete the level, plus an oversized bonus rm large enough to
serve as 2+ bdrms. Outside, a full outdoor kitchen, the pool & spa
invite effortless entertaining.
Unit Size
5,304 Ft²
Days on Market
25 days
Land Size
0.87 acres
Price per sqft
$603
Property Type
House
Property Taxes
$1,807
HOA Dues
-
Year Built
2020
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: 25 days ago (Space Coast MLS #1085980)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2026 | Listed by RE/MAX Elite | $3,200,000 | |
| Listed by RE/MAX Elite | |||
Property Highlights
Elevator
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Elevator, Entrance Foyer, His and Hers Closets, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Primary Bathroom -Tub with Separate Shower, Split Bedrooms
Appliances: Dishwasher, Disposal, Double Oven, Dryer, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer, Water Softener Owned, Wine Cooler
Flooring Type: Tile, Wood
Laundry Features: Electric Dryer Hookup, Lower Level, Sink, Upper Level, Washer Hookup
Rooms: 17
Has Fireplace
Fireplace Features: Gas
Fireplaces: 2
Exterior Details
Square Footage: 5304
Square Footage Source: $0
Security Features: Security System Owned, Smoke Detector(s)
Property Condition: Fixer
Architectural Style: Traditional, Multi Generational
Year Built: 2020
Waterfront Features: Navigable Water, River Access, River Front, Intracoastal
Waterbody Name: Indian River
Building Area Total: 7108
Levels: Two
Other Structures: Outdoor Kitchen
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Awning(s), Covered, Patio, Porch, Rear Porch
Pool Features: Gas Heat, In Ground, Salt Water, Other
Pool is Private
Lot Features: Irregular Lot, Dead End Street
Lot Size Area: 0.87
Lot Size Units: Acres
Lot Size Acres: 0.87
Lot Size Square Feet: 37897
Water Source: Public
Financial Details
Tax Annual Amount: $21,685
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Melbourne
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Listed by: Silvia Mozer, RE/MAX Elite
Last Updated: 25 days ago
Data Source: Space Coast MLS, MLS# 1085980
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: 25 days ago
Data Source: Space Coast MLS, MLS# 1085980
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