40
Map
$475,000
●
House -
For Sale
4718 Alligator Flag Circle
West Melbourne, FL 32904
4 Beds
2 Baths,
1
Half Bath
2,827 Ft²
$2,564
Est. Monthly
$231
HOA / Fees
About This Property
Nearly New in West Melbourne's premiere resort living community!
This stunning home offers modern comfort and serene living.
Boasting a massive downstairs master bedroom with additional
attached office, this 4/3 has an open floor plan with over 2800
accentuated by natural light flooding through large windows. The
kitchen features sleek countertops, new white glass kitchen
appliances, and ample storage space. Enjoy outdoor living in the
private fenced in backyard oasis, ideal for entertaining or
unwinding after a long day. Community amenities include a huge pool
with two story waterslide, splashpad, fitness center, pavilion,
playground, club house, tennis court, fire pit area and movie
theater area included in the low HOA dues. There is nearby access
to endless boat days on the river, beaches, shopping, entertainment
and Patrick Space Force Base. Don't miss out on this opportunity to
own in the only resort living community to this scale anywhere in
the county!
Unit Size
2,827 Ft²
Days on Market
1 days
Land Size
0.14 acres
Price per sqft
$168
Property Type
House
Property Taxes
-
HOA Dues
$231
Year Built
2020
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: 15 hours ago (Space Coast MLS #1088971)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2026 | Listed by EXP Realty, LLC | $475,000 | |
| Listed by EXP Realty, LLC | |||
| Aug 24, 2026 | Listed by EXP Realty, LLC | $520,000 | |
| Listed by EXP Realty, LLC | |||
   | |||
|
Nearly New in West Melbourne's premiere resort living community! This stunning home offers modern comfort and serene living. Boasting a massive downstairs master bedroom with additional attached office, this 4/3 has an open floor plan with over 2800 accentuated by natural light flooding through large windows. The kitchen features sleek countertops, new white glass kitchen appliances, and ample storage space. Enjoy outdoor living in the private fenced in backyard oasis, ideal for entertaining or unwinding after a long day. Community amenities include a huge pool with two story waterslide, splashpad, fitness center, pavilion, playground, club house, tennis court, fire pit area and movie theater area included in the low HOA dues. There is nearby access to endless bot days on the river, beaches, shopping, entertainment and Patrick Space Force Base. Don't miss out on this opportunity to own in the only resort living community to this scale anywhere in the county!
| |||
| Feb 3, 2026 | Listed by EXP Realty, LLC | $520,000 | |
| Listed by EXP Realty, LLC | |||
   | |||
|
Nearly New in West Melbourne's premiere resort living community! This stunning home offers modern comfort and serene living. Boasting a massive downstairs master bedroom with additional attached office, this 4/3 has an open floor plan with over 2800 accentuated by natural light flooding through large windows. The kitchen features sleek countertops, new white glass kitchen appliances, and ample storage space. Enjoy outdoor living in the private fenced in backyard oasis, ideal for entertaining or unwinding after a long day. Community amenities include a huge pool with two story waterslide, splashpad, fitness center, pavilion, playground, club house, tennis court, fire pit area and movie theater area included in the low HOA dues. There is nearby access to endless bot days on the river, beaches, shopping, entertainment and Patrick Space Force Base. Don't miss out on this opportunity to own in the only resort living community to this scale anywhere in the county!
| |||
| Oct 1, 2025 | Listed | $529,000 | |
| Listed | |||
| | |||
|
Nearly New in West Melbourne-This stunning property offers a blend of modern comfort and serene living. Boasting 4 bedrooms and 3 bathrooms and over 2800 sq ft, this home is a slice of Florida. Step inside to discover an open floor plan, accentuated by natural light flooding through large windows. The kitchen features sleek countertops, new white glass kitchen appliances, and ample storage space. The master bedroom offers a peaceful retreat with an ensuite bathroom & a walk-in closet. Enjoy outdoor living in the private fenced in backyard oasis, ideal for entertaining or unwinding after a long day. Enjoy the community amenities which include a huge pool with two story waterslide, fitness center, pavilion, playground, club house, tennis court, fire pit area and movie theater area included in the low HOA dues. Located in a prime neighborhood, there is nearby access to rivers, beaches, and Patrick Space Force Base. Don't miss out on this opportunity to own in sought after West Melbourne.
| |||
| May 23, 2024 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Microwave
Flooring Type: Tile, Vinyl
Laundry Features: Electric Dryer Hookup, Lower Level, Washer Hookup
Exterior Details
Square Footage: 2827
Square Footage Source: $0
Security Features: Security Gate, Smoke Detector(s)
Architectural Style: Traditional
Year Built: 2020
Construction Materials: Block, Brick, Stucco
Patio and Porch Features: Patio, Porch
Lot Features: Few Trees
Lot Size Area: 0.14
Lot Size Units: Acres
Lot Size Acres: 0.14
Lot Size Square Feet: 6098
Water Source: Public
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Other
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Maintenance Grounds, Management, Park, Playground, Pool, Tennis Court(s)
HOA Fee: $97
HOA Fee Frequency: Monthly
Condo/Coop Fee: $134
Condo/Coop Fee Frequency: Quarterly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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
Similar Homes for Sale
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$2,950 /mo
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$1,850 /mo
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Listed by: Brandon Michael Lape, EXP Realty, LLC
Last Updated: 15 hours ago
Data Source: Space Coast MLS, MLS# 1088971
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: 15 hours ago
Data Source: Space Coast MLS, MLS# 1088971
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