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Brevard 32951 Crystal Lakes
5048 Malabar Boulevard
$359,000
● House - Off Market

5048 Malabar Boulevard

Melbourne Beach, FL 32951
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$511,636
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Welcome Home! This custom 3/2/2 Beachside Home welcomes you into its expansive open floor plan with tile throughout and cathedral ceilings. The centrally located  kitchen includes a breakfast nook for casual dining. Master bedroom boasts tile flooring and sliders leading to pool. The master bath contains a large tiled shower. The second bedroom is tiled with sliders leading to pool. The third tiled bedroom features a slider to the front patio. Pocket doors allow privacy in split floor plan. Other features of this home include 2020 Roof, 2020 garage door opener, screened in pool with extended deck, termite protection plan and storm shutters. Over a quarter acre! Public Beach access is within walking distance or take your golf cart! Voluntary HOA. Paradise Found!
Unit Size
1,536 Ft²
Days on Market
36 days
Land Size
0.26 acres
Price per sqft
$240
Property Type
House
Property Taxes
$204
HOA Dues
$4
Year Built
1984

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #876391)

Price History

Date / Event Date Event Price
Jul 6, 2020 Sold
Premium
Sold
May 27, 2020 Listed by J. Edwards Real Estate $369,000
Listed by J. Edwards Real Estate
Oct 3, 2011 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • 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: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,154
  • Gross Building Area: 2,154
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRYSTAL LAKES SUBD
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CRYSTAL LAKES SUBD LOT 2 BLK D

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066104

Zoning

  • Zoning: RU113

Geography

  • Assessors Map Reference: 396
  • Account Number: 2953229
  • Parcel: 29-38-03-50-0000D.0-0002.00
  • Block: D
  • Lot: 2
  • Meridian: SEC 03 TWN 29S RNG 38E
  • Municipality: UNINCORP DISTRICT 3
  • Latitude: 27.9849
  • Longitude: -80.5189

    Address

  • Full Address: 5048 Malabar Blvd
  • Address - House Number: 5048
  • Address - Street Name: Malabar
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Melbourne Beach
  • Carrier Code: R084
  • 4-Digit Zip Code: 3256
  • Zip Code: 32951

Valuation

    Tax

  • Total Area: 1,843
  • Tax Year: 2022
  • Tax Amount: $480,861
  • Tax Rate Code Area: 3400

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 603,525
  • High Value: 720,820
  • Low Value: 486,229

    Market Valuation

  • Market Total Value: $436,170

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $436,170

    Sales

  • Current Sale Contract Date: Jul 02, 2020
  • Current Sale Recording Date: Jul 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020141986
  • Previous Sale Recording Date: Oct 03, 2011
  • Previous Sale Contract Date: Sep 28, 2011
  • Previous Sale Amount: $195,000
  • 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 Crystal Lakes

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

1831 ft²

Average Home Age

35 years

Currently For Sale

1 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 112 Casseekee Trail, Melbourne Beach, FL, 32951

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,350 ft²
112 Casseekee Trail #2112, Melbourne Beach, FL, 32951 Listing by Laura L Dowling Roy PA

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Gail O Myers, J. Edwards Real Estate
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 876391
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 5048 Malabar Boulevard built and last sold?
The property at 5048 Malabar Boulevard was built in 1984 and last sold on Jul 2, 2020 for $359,000.
How much is this home worth?
The estimated value of the home located at 5048 Malabar Boulevard is $372,173.
What are some comparable homes to 5048 Malabar Boulevard?
There are currently no comparable homes to 5048 Malabar Boulevard.
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