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Viera West 32940 Heritage Isle
3853 Carambola Circle
$380,000
● House - Off Market

3853 Carambola Circle

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,838 Ft²
$3,990
Est. Monthly
$1,796
HOA / Fees
1.30%
Cap Rate

About This Property

Price reduced! Discover this 3-bed, 2-bath lakefront duplex in Heritage Isle, Viera's premier 55+ community. The eat-in kitchen offers white cabinets, a center island, pantry & white appliances. The spacious great room opens to a screened Florida room with relaxing lake views & abundant wildlife. Enjoy a dedicated dining area, large primary suite with ensuite featuring soaking tub & walk-in shower, plus two guest rooms & hall bath. HOA handles exterior maintenance, lawn, paint & roof. Resort-style living with clubhouse, pool, tennis, pickleball & more. Close to healthcare, shopping, dining & I-95. Roof 2019, AC 2018, Water Heater 2016, storm shutters.
Unit Size
1,838 Ft²
Days on Market
144 days
Land Size
0.14 acres
Price per sqft
$212
Property Type
House
Property Taxes
$283
HOA Dues
$1,796
Year Built
2005

Payment Calculator

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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: 6 months ago (Space Coast MLS #1040794)

Price History

Date / Event Date Event Price
Aug 12, 2025 Sold
Premium
Sold
Jul 19, 2025 In contract -
In contract
Jun 5, 2025 Price Decreased $389,000
↓ $11K (2.8%)
Price Decreased
Mar 21, 2025 Listed by Oceans Realty Florida $400,000
Listed by Oceans Realty Florida
Sep 15, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 31
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 17
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Frontage Feet: 540
  • Total Building Area: 2,515
  • Gross Building Area: 2,515
  • Building Area: 1,838
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,838
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERITAGE ISLE P.U.D. PHASE 2 PLAT OF A P
  • Land Acres: 0000000140
  • Standard Land Use Code: 1101
  • County Land Use Code: 0121
  • State Land Use Code: 001
  • Legal Description 1: HERITAGE ISLE P.U.D. PHASE 2 PLAT OF A PORTION OF PARCEL B LOT 6 BLOCK D

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071201

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MB 51 PG 81
  • Account Number: 2626999
  • Subdivision Phase Number: 2
  • Parcel: 26-36-08-50-0000D.0-0006.00
  • Block: D
  • Lot: 6
  • Meridian: SEC 08 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2367
  • Longitude: -80.7502

    Address

  • Full Address: 3853 Carambola Cir
  • Address - House Number: 3853
  • Address - Street Name: Carambola
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Melbourne
  • Carrier Code: H010
  • 4-Digit Zip Code: 6679
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 2,186
  • Tax Year: 2022
  • Tax Amount: $311,859
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 461,183
  • High Value: 544,629
  • Low Value: 377,737

    Market Valuation

  • Market Total Value: $312,570

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $166,390

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 12, 2005
  • Current Sale Recording Date: Sep 15, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005331595
  • Previous Sale Recording Date: Jul 13, 2004
  • Previous Sale Contract Date: Jul 07, 2004
  • Previous Sale Amount: $47,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Heritage Isle

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$217

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1785 ft²

Average Home Age

18.4 years

Currently For Sale

14 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2067 Deercroft Drive, Melbourne, FL, 32940

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
2067 Deercroft Drive, Melbourne, FL, 32940 Listing by Sanja Hardy
Unit for rent at 2547 Deercroft Drive, Melbourne, FL, 32940

$2,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,902 ft²
2547 Deercroft Drive, Melbourne, FL, 32940 Listing by Jed P. Matricaria

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Barbara J. Asinari, Oceans Realty Florida
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1040794
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.

Frequently Asked Questions

When was property at 3853 Carambola Circle built and last sold?
The property at 3853 Carambola Circle was built in 2005 and last sold on Sep 12, 2005 for $242,200.
How much is this home worth?
The estimated value of the home located at 3853 Carambola Circle is $0.
What are some comparable homes to 3853 Carambola Circle?
There are currently no comparable homes to 3853 Carambola Circle.
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