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Brevard 32934 Lake Washington
5260 White Heron Lane
Photo of 5260 White Heron Lane
Sold on Oct 29, 2021

1

Map

$200,000
● Land - Off Market

5260 White Heron Lane

Melbourne, FL 32934
bedrooms
Studio
bathrooms
0 Bath
$236,233
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

READY TO BUILD YOUR DREAM HOME?Beautiful, WATERFRONT property (NO Association)located in the secluded area of Lake Washington, just west of I95 and just north of Eau Gallie Blvd. This Canal front, vacant land is a great investment for the boat and fish enthusiast. Canal leads out to Lake Washington and the St. John''s River. Florida living at it's finest !!! In your own backyard is a navigable canal where you can launch your boat, and travel through large acres of Lake Washington. There is plenty of room on this beautiful 0.41 acre property to store your air boats, boats and RV's with NO HOA, on a dead end road. Complete privacy.  Prime Freshwater Fishing & Boating Recreation! A Sportsman's Dream
Unit Size
-
Days on Market
116 days
Land Size
0.41 acres
Price per sqft
-
Property Type
Land
Property Taxes
$79
HOA Dues
-
Year Built
-

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: 5 months ago (Space Coast MLS #909488)

Price History

Date / Event Date Event Price
Nov 4, 2021 Sold
Premium
Sold
Jul 5, 2021 Listed by Conrad Realty Group LLC $209,900
Listed by Conrad Realty Group LLC

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 75

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: LAKE WASHINGTON ACRES SEC 1, REPLAT
  • Land Acres: 0000000410
  • Standard Land Use Code: 8010
  • County Land Use Code: 0010
  • Legal Description 1: LAKE WASHINGTON ACRES SEC 1, REPLAT LOTS 48, 49 & 50 BLK A

Neighborhood

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

Zoning

  • Zoning: SR

Geography

  • Assessors Map Reference: 280
  • Account Number: 2702964
  • Parcel: 27-36-15-JE-0000A.0-0048.00
  • Block: A
  • Lot: 48
  • Meridian: SEC 15 TWN 27S RNG 36E
  • Municipality: UNINCORP DISTRICT 5
  • Latitude: 28.1285
  • Longitude: -80.7159

    Address

  • Full Address: 5260 White Heron Ln
  • Address - House Number: 5260
  • Address - Street Name: White Heron
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R005
  • 4-Digit Zip Code: 9113
  • Zip Code: 32934

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $135,145
  • Tax Rate Code Area: 5300

    Market Valuation

  • Market Total Value: $114,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $114,000

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021289719
  • Previous Sale Recording Date: Dec 14, 2016
  • Previous Sale Contract Date: Dec 14, 2016
  • 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 Lake Washington

Stats & Trends

Median Asking:

$914,500

Sale Price/ft²

$367

Below Asking

0.08%

Average Days on Market

138

Average Home Size

2260 ft²

Average Home Age

25 years

Currently For Sale

0 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 1281 Berryhill Drive, Melbourne, FL, 32934

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,468 ft²
1281 Berryhill Drive, Melbourne, FL, 32934 Listing by Joseph Mignone
Unit for rent at 1125 White Oak Circle, Melbourne, FL, 32934

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,465 ft²
1125 White Oak Circle, Melbourne, FL, 32934 Listing by Emilia Laura Primucci

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Katherine Conrad, Conrad Realty Group LLC
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 909488
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 5260 White Heron Lane built and last sold?
The property at 5260 White Heron Lane was built in and last sold on Oct 29, 2021 for $200,000.
How much is this home worth?
The estimated value of the home located at 5260 White Heron Lane is $211,999.
What are some comparable homes to 5260 White Heron Lane?
There are currently no comparable homes to 5260 White Heron Lane.
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