$888,000
↓ $11K (1.2%)
●
House -
For Sale
3579 Poseidon Way
Melbourne, FL 32903
5 Beds
3 Baths,
1
Half Bath
3,254 Ft²
$5,599
Est. Monthly
$250
HOA / Fees
About This Property
Experience exceptional COASTAL LIVING in this expansive LUXURY home
in sought after Oceanside Village. Offering 5 bedrooms, 3.5 baths,
a 2 car garage, and stylish finishes throughout, this home features
SOARING CEILINGS, wide plank wood look tile, and a spacious living
area that opens to a COVERED LANAI perfect for entertaining. The
FIRST FLOOR PRIMARY suite includes a flexible bonus room ideal for
an office, media, or craft room. The luxurious bath features DUAL
VANITIES with built in shelving, an oversized WALK IN SHOWER with
seating, and a SOAKING TUB. The chef's kitchen boasts GRANITE
countertops, a large island, GAS cooktop and range, and STAINLESS
STEEL appliances. Upstairs offers a spacious loft, 3 guest
bedrooms, and 2 full baths. Community amenities include a resort
style pool, clubhouse, tennis and basketball courts, playground,
and easy access to beach parks, shopping, and restaurants.
Unit Size
3,254 Ft²
Days on Market
103 days
Land Size
0.18 acres
Price per sqft
$273
Property Type
House
Property Taxes
$988
HOA Dues
$250
Year Built
2015
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: 29 days ago (Space Coast MLS #1080497)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2026 | Price Decreased |
$888,000
↓ $11K
(1.2%) | |
| Price Decreased | |||
| Jul 15, 2026 | Price Decreased |
$899,000
↓ $21K
(2.3%) | |
| Price Decreased | |||
| Jun 19, 2026 | Listed by Engel & Voelkers Melb Downtown | $920,000 | |
| Listed by Engel & Voelkers Melb Downtown | |||
| May 29, 2025 | Price Decreased |
$935,000
↓ $15K
(1.6%) | |
| Price Decreased | |||
| Apr 3, 2025 | Listed | $950,000 | |
| Listed | |||
| | |||
|
EXPANSIVE, LUXURY HOME AVAILABLE NOW IN INDIALANTIC'S OCEANSIDE VILLAGE! 5 Bedrooms, 3 1/2 Baths, 2-car garage, and stylish features throughout entire home. Living area features soaring ceilings, wide-plank wood-look tile, and opens out to a spacious open lanai that is great for entertaining. Beautiful Master Suite is on the ground floor and has a an extension that would be great as a home office, craft or media room. Master Bath is on the ground floor and includes double sinks with built-in shelving, an oversized shower with seating and a large soaking tub. Custom-designed chef's kitchen features granite counter tops, large island, gas range and cooktop, and stainless steel appliances. Split stairway leads to a large upstairs loft, 3 Guest Bedrooms and 2 Full Bathrooms. Oceanside Village community features a resort-style pool, clubhouse, tennis and basketball courts, and a playground. Close to beach parks, restaurants and retail. GREAT PLACE TO CALL HOME!!
| |||
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Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Rooms: 12
Exterior Details
Square Footage: 3254
Square Footage Source: $0
Year Built: 2015
Construction Materials: Block, Stucco
Patio and Porch Features: Covered, Rear Porch
Lot Features: Sprinklers In Front, Sprinklers In Rear
Lot Size Area: 0.18
Lot Size Units: Acres
Lot Size Acres: 0.18
Lot Size Square Feet: 7841
Water Source: Public
Financial Details
Tax Annual Amount: $11,856
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA Fee: $3,000
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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Status
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
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HOA + Taxes
About Melbourne
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Listed by: Lisa Kreutz, Engel & Voelkers Melb Downtown
Last Updated: 29 days ago
Data Source: Space Coast MLS, MLS# 1080497
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: 29 days ago
Data Source: Space Coast MLS, MLS# 1080497
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