$515,000
●
House -
Off Market
3750 Alamanda Key Drive
Melbourne, FL 32901
3 Beds
2 Baths
1,739 Ft²
$3,513
Est. Monthly
$645
HOA / Fees
2.22%
Cap Rate
About This Property
Want a move in ready, luxurious, custom home loaded with UPGRADES &
FEATURES to make life EASY & CAREFREE...effortless home to enjoy
all year or lock the door, go on vacation or visit seasonally & NOT
WORRY ABOUT A THING...ALL in a CENTRALLY LOCATED, GATED, 55 &
BETTER COMMUNITY...then WELCOME HOME...popular ''Key Largo'' home
newly built in 2017 features 2 bedrooms plus a Flex Room, 2
bathrooms & 2 car garage...Key West Architecture, concrete block,
metal roof, impact windows & Generac Whole Home Natural Gas
Generator...Designer Kitchen, custom cabinets, HUGE Island, Cambria
Quartz, BOSCH SS appliances & natural gas cooktop...HUGE Lanai with
PRIVATE Preserve view out back & Lake View off the Front
Porch...True custom home & community that give you WAY more home
for the money...NO CDD, NO buy in fee, LOW HOA, HOA maintains your
yard, landscape & irrigation...HEATED Community Pool...6.8 miles to
Indialantic Beach...4.1 miles to Downtown Melbourne...TOO MUCH TO
LIST, ENJOY SEEING IT TODAY
Unit Size
1,739 Ft²
Days on Market
252 days
Land Size
0.15 acres
Price per sqft
$303
Property Type
House
Property Taxes
$279
HOA Dues
$645
Year Built
2017
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Cap Rate Calculator
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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: 5 months ago (Space Coast MLS #1004723)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Feb 12, 2024 | Listed by Waterman Real Estate, Inc. | $527,000 | |
| Listed by Waterman Real Estate, Inc. | |||
| Apr 6, 2023 | No longer available | - | |
| No longer available | |||
| Dec 9, 2022 | Listed by Waterman Real Estate, Inc. | $549,000 | |
| Listed by Waterman Real Estate, Inc. | |||
| | |||
|
Alamanda Key is your hidden 55+ luxury value offering TRUE custom built homes that give you way more home, way more quality & way more community for less money than other 55+ communities...This CUSTOM BUILT home OOZES LUXURY, QUALITY & UPGRADES GALORE along with CONVENIENCE & CAREFREE PEACE OF MIND...effortless home to ENJOY 365 days or easily lock the door, go on vacation or visit seasonally & NOT WORRY ABOUT A THING...ALL in a CENTRALLY LOCATED, GATED, 55 & BETTER COMMUNITY...WELCOME HOME to the ''Key Largo'' newly built in 2017 featuring 2 bedrooms plus a Flex Room, 2 bathrooms & a 2 car garage...CONCRETE BLOCK, METAL ROOF, IMPACT WINDOWS & BRAND NEW GENERAC WHOLE HOME GENERATOR...DESIGNER KITCHEN, CUSTOM PAINTED CABINETS, HUGE ISLAND, CAMBRIA QUARTZ, BOSCH SS APPLIANCES...OPEN CONCEPT KITCHEN, DINING ROOM & GREAT ROOM...TRIPLE POCKET SLIDING GLASS DOOR OPENS TO THE LARGE LANAI WITH PRIVATE VIEW...FRONT PORCH LAKE VIEW...TOO MUCH TO LIST...SCHEDULE YOUR PRIVATE SHOWING... The manager has listed the unit size as 1739 square feet.
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Property Highlights
Garage
Parking Available
Air Conditioning
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Alamanda Key
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Listed by: Richard David Mehalick, Waterman Real Estate, Inc.
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 1004723
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: 5 months ago
Data Source: Space Coast MLS, MLS# 1004723
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