4955 Dixie Highway NE #401
About This Property
Expansive 8' Sliders & Lofty 9'4'' Ceilings Offer Breathtaking Views Of The Indian River Lagoon. Your Wrap Around Balcony Is Perfect For Hosting Rocket Launch Viewing Parties! Venetian Bay Offers A Pool, Fishing Pier, Clubhouse, Kayak Storage & Kayak Launch. Located Between The Shack Restaurant & Yellow Dog, Only A Stone's Throw From The Lazy Turtle Restaurant! This Home Offers Modern Elegance, Tranquility & Is The Perfect Spot Convenient To Melbourne, Palm Bay & Malabar. All Of This & You're Still Only An Hour From The Orlando Airport, Disney World & Universal...PLUS Just 10 Minutes To The Amazing Indialantic Boardwalk & Beach!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| Apr 20, 2025 | Price Decreased |
$574,900
↓ $25K
(4.2%) | |
| Price Decreased | |||
| Mar 14, 2025 | Price Decreased |
$599,900
↓ $20K
(3.2%) | |
| Price Decreased | |||
| Jan 27, 2025 | Price Decreased |
$619,900
↓ $30K
(4.6%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/05/2026
|
3 Bed
|
3 Bath
|
3561 ft²
|
$799,000
3 Bed
3 Bath
3561 ft²
|
$715,500
-10.45%
08/21/2026
|
DeWayne Carpenter
Dale Sorensen Real Estate Inc.
| |
|
01/25/2026
|
3 Bed
|
3 Bath
|
2159 ft²
|
$475,000
3 Bed
3 Bath
2159 ft²
|
$420,000
-11.58%
08/20/2026
|
Andrea Hansen
Real Broker, LLC
| |
|
11/07/2025
|
3 Bed
|
3 Bath
|
3748 ft²
|
$949,900
3 Bed
3 Bath
3748 ft²
|
$900,000
-5.25%
12/19/2025
|
Pamela Ratfield
Ratfield Real Estate
| |
|
07/11/2025
|
3 Bed
|
3 Bath
|
2418 ft²
|
$565,000
3 Bed
3 Bath
2418 ft²
|
$450,000
-20.35%
05/29/2026
|
Kristin Lindbaek
RE/MAX Elite
| |
|
06/06/2024
| |
3 Bed
|
3 Bath
|
2418 ft²
|
$634,700
3 Bed
3 Bath
2418 ft²
|
-
-
|
Heather Boesch
Engel & Volkers Melbourne Beachside
|
|
06/04/2024
|
3 Bed
|
3 Bath
|
2418 ft²
|
$649,900
3 Bed
3 Bath
2418 ft²
|
$560,000
-13.83%
08/01/2025
|
Kristin Lindbaek
RE/MAX Elite
| |
|
04/19/2024
|
3 Bed
|
3 Bath
|
2418 ft²
|
$649,700
3 Bed
3 Bath
2418 ft²
|
$505,000
-22.27%
04/10/2025
|
Heather Boesch
Engel & Volkers Melbourne Beachside
| |
|
03/01/2024
|
3 Bed
|
3 Bath
|
1 ft²
|
$497,900
3 Bed
3 Bath
1 ft²
|
$466,500
-6.31%
05/31/2024
|
Pamela Ratfield
Ratfield Real Estate
| |
|
11/04/2023
|
3 Bed
|
3 Bath
|
-
|
$619,900
3 Bed
3 Bath
|
-
-
|
Pamela I Ratfield
Berkshire Hathaway Florida
| |
|
11/05/2022
|
3 Bed
|
3 Bath
|
2159 ft²
|
$500,000
3 Bed
3 Bath
2159 ft²
|
-
-
|
David C Cruickshank
RE/MAX Elite
| |
|
02/17/2023
|
3 Bed
|
3 Bath
|
2159 ft²
|
$474,900
3 Bed
3 Bath
2159 ft²
|
$473,900
-0.21%
08/04/2023
|
Pamela Ratfield
Ratfield Real Estate
| |
|
01/27/2023
|
3 Bed
|
3 Bath
|
3561 ft²
|
$800,000
3 Bed
3 Bath
3561 ft²
|
$720,000
-10.00%
03/17/2023
|
DeWayne Carpenter
Dale Sorensen Real Estate Inc.
| |
|
12/17/2022
|
3 Bed
|
2 Bath
|
1849 ft²
|
$475,000
3 Bed
2 Bath
1849 ft²
|
$462,500
-2.63%
03/22/2023
|
Ginger Squires
Keller Williams Realty Brevard
| |
|
04/16/2022
|
3 Bed
|
3 Bath
|
2418 ft²
|
$598,900
3 Bed
3 Bath
2418 ft²
|
$560,000
-6.50%
06/21/2022
|
David Cruickshank
RE/MAX Elite
| |
|
07/09/2021
|
3 Bed
|
3 Bath
|
2159 ft²
|
$437,500
3 Bed
3 Bath
2159 ft²
|
$430,000
-1.71%
08/02/2021
|
Carolyn Smith
RE/MAX Elite
| |
|
02/20/2021
|
3 Bed
|
3 Bath
|
2159 ft²
|
$409,900
3 Bed
3 Bath
2159 ft²
|
$410,000
+0.02%
04/08/2021
|
Sharon Mitchell
RE/MAX Elite
| |
|
01/07/2021
|
3 Bed
|
3 Bath
|
2159 ft²
|
$395,000
3 Bed
3 Bath
2159 ft²
|
$385,000
-2.53%
03/01/2021
|
Carolyn Smith
RE/MAX Elite
| |
|
03/02/2020
|
3 Bed
|
3 Bath
|
2159 ft²
|
$429,900
3 Bed
3 Bath
2159 ft²
|
$400,000
-6.96%
07/28/2020
|
John Curri
Realty World Curri Properties
| |
|
08/26/2019
|
3 Bed
|
3 Bath
|
2418 ft²
|
$449,000
3 Bed
3 Bath
2418 ft²
|
$430,000
-4.23%
11/13/2019
|
Joseph Mignone
Dale Sorensen Real Estate Inc.
| |
|
04/26/2019
|
3 Bed
|
3 Bath
|
2418 ft²
|
$405,000
3 Bed
3 Bath
2418 ft²
|
$403,000
-0.49%
06/06/2019
|
Susan Gasperini
Coldwell Banker Realty
| |
|
04/24/2019
|
3 Bed
|
2 Bath
|
1849 ft²
|
$289,000
3 Bed
2 Bath
1849 ft²
|
$284,000
-1.73%
06/10/2019
|
Shari L Abbott
BHHS Florida Realty
| |
|
05/02/2018
|
3 Bed
|
3 Bath
|
2418 ft²
|
$469,900
3 Bed
3 Bath
2418 ft²
|
$420,750
-10.46%
09/17/2018
|
Kevin Hill
RE/MAX Alternative Realty
| |
|
10/13/2017
|
3 Bed
|
3 Bath
|
3748 ft²
|
$699,900
3 Bed
3 Bath
3748 ft²
|
$660,000
-5.70%
03/29/2018
|
Kevin Hill
RE/MAX Alternative Realty
| |
|
06/21/2017
|
3 Bed
|
2 Bath
|
1849 ft²
|
$319,900
3 Bed
2 Bath
1849 ft²
|
$300,000
-6.22%
11/22/2017
|
David Cruickshank
RE/MAX Elite
| |
|
12/07/2016
|
3 Bed
|
2 Bath
|
1849 ft²
|
$321,000
3 Bed
2 Bath
1849 ft²
|
$296,000
-7.79%
11/21/2017
|
Jim Britton
Britton Group, Inc.
| |
|
08/03/2016
|
3 Bed
|
3 Bath
|
2159 ft²
|
$299,900
3 Bed
3 Bath
2159 ft²
|
$292,000
-2.63%
09/26/2016
|
Scott Case
RE/MAX Elite
| |
|
12/19/2015
|
3 Bed
|
3 Bath
|
3686 ft²
|
$675,000
3 Bed
3 Bath
3686 ft²
|
$648,000
-4.00%
04/12/2016
|
Dianne Shelton
RE/MAX Aerospace Realty
| |
|
12/03/2015
|
3 Bed
|
3 Bath
|
2418 ft²
|
$399,900
3 Bed
3 Bath
2418 ft²
|
$378,000
-5.48%
06/30/2016
|
Nancy Janette Taylor
The Keyes Company - Stuart
| |
|
09/16/2015
|
3 Bed
|
2 Bath
|
-
|
$259,900
3 Bed
2 Bath
|
$250,000
-3.81%
12/04/2015
|
Carson Justice
HomeLife Properties, LLC
| |
|
05/21/2015
|
3 Bed
|
3 Bath
|
2418 ft²
|
$319,900
3 Bed
3 Bath
2418 ft²
|
$312,000
-2.47%
06/12/2015
|
Andy Waterman
Waterman Real Estate, Inc.
| |
|
03/20/2015
|
3 Bed
|
3 Bath
|
2159 ft²
|
$295,000
3 Bed
3 Bath
2159 ft²
|
$285,000
-3.39%
07/17/2015
|
Shirley Weems
Waterman Real Estate, Inc.
| |
|
05/08/2014
|
3 Bed
|
3 Bath
|
2159 ft²
|
$299,900
3 Bed
3 Bath
2159 ft²
|
$292,000
-2.63%
02/23/2015
|
Bonnie Jacobsen
RE/MAX Alternative Realty
| |
|
08/07/2013
|
3 Bed
|
3 Bath
|
2159 ft²
|
$250,000
3 Bed
3 Bath
2159 ft²
|
$250,000
11/08/2013
|
Joyce A McMillin -Troll
Lawyers Real Estate Brokerage
| |
|
12/13/2012
|
3 Bed
|
3 Bath
|
2159 ft²
|
$244,900
3 Bed
3 Bath
2159 ft²
|
$238,000
-2.82%
03/29/2013
|
Thomas Taranto
Keller Williams Realty Brevard
| |
|
03/30/2012
|
3 Bed
|
3 Bath
|
2159 ft²
|
$278,000
3 Bed
3 Bath
2159 ft²
|
$270,000
-2.88%
09/20/2012
|
Carol Rathmann
National Realty of Brevard
| |
|
08/05/2011
|
3 Bed
|
3 Bath
|
2418 ft²
|
$249,900
3 Bed
3 Bath
2418 ft²
|
$220,000
-11.96%
01/23/2012
|
Andy Waterman
Waterman Real Estate, Inc.
|
Building Info
- 3 Units for Sale
About Palm Bay
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$8,000 /mo
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- 1,917 ft²
$1,750 /mo
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- 2 Baths
- 1,304 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017