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Brevard 32934
4534 Preservation Circle
Photo of 4534 Preservation Circle
Sold on May 11, 2018

1

Map

$676,090
● Land - Off Market

4534 Preservation Circle

Melbourne, FL 32934
bedrooms
Studio
bathrooms
0 Bath
$152,107
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Beautiful Lot in Brevard's premier subdivision, The Reserve at Lake Washington.  Build your dream home! Lot is part of a Construction Package and not sold separately.
Unit Size
-
Days on Market
280 days
Land Size
0.73 acres
Price per sqft
-
Property Type
Land
Property Taxes
$108
HOA Dues
$125
Year Built
2019

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: 2 months ago (Space Coast MLS #790805)

Price History

Date / Event Date Event Price
May 11, 2018 Sold
Premium
Sold
Aug 4, 2017 Listed by Swann & Associates R.E., Inc. $99,900
Listed by Swann & Associates R.E., Inc.
Mar 1, 2016 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 2
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 934
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 31,799
  • Total Building Area: 4,260
  • Gross Building Area: 4,260
  • Building Area: 2,644
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,644
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODSHIRE PRESERVE REPLAT
  • Land Acres: 0000000730
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • Legal Description 1: WOODSHIRE PRESERVE REPLAT LOT 6 BLK L

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071354

Zoning

  • Zoning: R1AAA

Geography

  • Assessors Map Reference: MB 59 PG 63
  • Account Number: 2747820
  • Parcel: 27-36-03-VV-0000L.0-0006.00
  • Block: L
  • Lot: 6
  • Meridian: SEC 03 TWN 27S RNG 36E
  • Municipality: MELBOURNE
  • Latitude: 28.1633
  • Longitude: -80.7203

    Address

  • Full Address: 4534 Preservation Cir
  • Address - House Number: 4534
  • Address - Street Name: Preservation
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R045
  • 4-Digit Zip Code: 7913
  • Zip Code: 32934

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $727,188
  • Tax Rate Code Area: 43K0

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 742,135
  • High Value: 876,415
  • Low Value: 607,854

    Market Valuation

  • Market Total Value: $601,450

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $470,850

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2018
  • Current Sale Recording Date: May 11, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018107246
  • Previous Sale Recording Date: Mar 01, 2016
  • Previous Sale Contract Date: Mar 01, 2016
  • Previous Sale Amount: $426,000
  • Previous Sale Document Type: 27
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 Brevard

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$216

Below Asking

0.02%

Average Days on Market

70

Average Home Size

1823 ft²

Average Home Age

29.9 years

Currently For Sale

5514 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 2737 Kamin Drive, Melbourne, FL, 32940

$4,500 /mo

  • 4 Beds
  • 3 Baths
  • 3,243 ft²
2737 Kamin Drive, Melbourne, FL, 32940 Listing by Lykim Wengert
Unit for rent at 4394 Preservation Circle, MELBOURNE, FL, 32934

$4,500 /mo

  • 6 Beds
  • 4 Baths
  • 3,238 ft²
4394 Preservation Circle, MELBOURNE, FL, 32934 Listing by Ali Khaku, MBA

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: David W Armstrong, Swann & Associates R.E., Inc.
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 790805
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 4534 Preservation Circle built and last sold?
The property at 4534 Preservation Circle was built in 2019 and last sold on May 11, 2018 for $89,900.
How much is this home worth?
The estimated value of the home located at 4534 Preservation Circle is $0.
What are some comparable homes to 4534 Preservation Circle?
There are currently no comparable homes to 4534 Preservation Circle.
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