40
Map
$510,000
↓ $19K (3.6%)
●
House -
For Sale
4499 Alligator Flag Circle
West Melbourne, FL 32904
4 Beds
3 Baths
2,162 Ft²
$2,956
Est. Monthly
$401
HOA / Fees
About This Property
In Sawgrass Lakes community, this well-kept single-story home
offers an inviting blend of comfort and scenic Florida living. The
open layout creates an easy flow through the main living areas,
with tile flooring for a clean, low-maintenance feel.
The kitchen features stainless steel appliances, granite countertops, and a natural connection to the family room, perfect for everyday living or casual entertaining. The primary suite offers dual closets, patio access, and a private bath with a soaking tub and separate shower. Three additional bedrooms provide flexible space for family, guests, work, or hobbies.
Step outside to your private pool deck overlooking the calm lake, creating a peaceful spot to relax, entertain, or enjoy the view without the upkeep of a large backyard. Sawgrass Lakes residents also enjoy resort-style amenities.
The kitchen features stainless steel appliances, granite countertops, and a natural connection to the family room, perfect for everyday living or casual entertaining. The primary suite offers dual closets, patio access, and a private bath with a soaking tub and separate shower. Three additional bedrooms provide flexible space for family, guests, work, or hobbies.
Step outside to your private pool deck overlooking the calm lake, creating a peaceful spot to relax, entertain, or enjoy the view without the upkeep of a large backyard. Sawgrass Lakes residents also enjoy resort-style amenities.
Unit Size
2,162 Ft²
Days on Market
103 days
Land Size
0.15 acres
Price per sqft
$236
Property Type
House
Property Taxes
$50
HOA Dues
$401
Year Built
2018
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: 4 days ago (Space Coast MLS #1080255)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | Price Decreased |
$510,000
↓ $19K
(3.6%) | |
| Price Decreased | |||
| Sep 7, 2026 | Price Decreased |
$529,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Aug 19, 2026 | Price Decreased |
$539,000
↓ $6K
(1.1%) | |
| Price Decreased | |||
| Jun 16, 2026 | Listed by Better Homes & Gardens RE Star | $545,000 | |
| Listed by Better Homes & Gardens RE Star | |||
| Jun 29, 2018 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Primary Bathroom -Tub with Separate Shower, Primary Downstairs
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring Type: Laminate, Tile
Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup
Exterior Details
Square Footage: 2162
Square Footage Source: $0
Security Features: Smoke Detector(s), Entry Phone/Intercom
Architectural Style: Traditional
Year Built: 2018
Levels: One
Construction Materials: Stucco
Patio and Porch Features: Covered, Rear Porch
Pool Features: In Ground
Pool is Private
Lot Features: Few Trees, Sprinklers In Front, Sprinklers In Rear
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Water Source: Public
Financial Details
Tax Annual Amount: $604
Utilities Details
Cooling Type: Central Air, Split System
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Gated, Playground, Pool
HOA Fee: $401
HOA Fee Frequency: Quarterly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 West Melbourne
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Listed by: Barbara J Zorn, Better Homes & Gardens RE Star
Last Updated: 4 days ago
Data Source: Space Coast MLS, MLS# 1080255
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: 4 days ago
Data Source: Space Coast MLS, MLS# 1080255
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