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Brevard 32940 Deer Lakes
5313 Outlook Drive
$264,900
● House - Off Market

5313 Outlook Drive

Melbourne, FL 32940
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,104 Ft²
$387,752
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

NEW ROOF Is being put on. Another huge price drop. Lake view - This ''neat as a pin and lovingly maintained'' 4 bedroom 2 bath home in Gated Community, is ready for a family to love! Located just minutes to the beach and shopping. Short drive to Patrick Air Force Base.  Kitchen is spacious and thoughtfully designed.  Center island with seating.  Lots of cabinets for storage and abundant counter workspace.  Open floor plan with lake view from kitchen/dining/living room.  Large master bedroom and master bath has garden tub, walk in shower and double sinks.  Screened porch overlooking lake is perfect spot for morning coffee or unwinding after a long workday!  Low HOA fees AND Lawn care is included.  Community pool and playground too!!
Unit Size
2,104 Ft²
Days on Market
38 days
Land Size
0.16 acres
Price per sqft
$126
Property Type
House
Property Taxes
$295
HOA Dues
$315
Year Built
2003

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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 #832786)

Price History

Date / Event Date Event Price
Dec 13, 2019 Sold
Premium
Sold
Nov 1, 2019 Sold
Premium
Sold
Dec 29, 2018 Listed by Grand Star Realty of Brevard $264,900
Listed by Grand Star Realty of Brevard
Jan 30, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • 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: 467
  • Parking Space Count: 2
  • Patio Type: 17
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Frontage Feet: 890
  • Total Building Area: 2,721
  • Gross Building Area: 2,721
  • Building Area: 2,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,104
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEER LAKES PHASE 2
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: DEER LAKES PHASE 2 LOT 34 BLOCK C

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064128

Zoning

  • Zoning: RU-1-7

Geography

  • Assessors Map Reference: MB 49 PG 23
  • Account Number: 2625880
  • Subdivision Phase Number: 2
  • Parcel: 26-36-25-02-0000C.0-0034.00
  • Block: C
  • Lot: 34
  • Meridian: SEC 25 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.1971
  • Longitude: -80.6746

    Address

  • Full Address: 5313 Outlook Dr
  • Address - House Number: 5313
  • Address - Street Name: Outlook
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R010
  • 4-Digit Zip Code: 2346
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 2,425
  • Tax Year: 2022
  • Tax Amount: $293,100
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1949
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 484,484
  • High Value: 578,921
  • Low Value: 390,046

    Market Valuation

  • Market Total Value: $335,050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $235,880

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2019
  • Current Sale Recording Date: Dec 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019270598
  • Previous Sale Recording Date: Jan 30, 2003
  • Previous Sale Contract Date: Jan 20, 2003
  • Previous Sale Amount: $30,000
  • 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 Deer Lakes

Stats & Trends

Median Asking:

$402,450

Sale Price/ft²

$210

Below Asking

0.03%

Average Days on Market

76

Average Home Size

2214 ft²

Average Home Age

22.8 years

Currently For Sale

4 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 5393 Outlook Drive, Melbourne, FL, 32940

$2,800 /mo

  • 4 Beds
  • 2 Baths
  • 2,032 ft²
5393 Outlook Drive, Melbourne, FL, 32940 Listing by Judith E Monica

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Ryan Malone, Grand Star Realty of Brevard
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 832786
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 5313 Outlook Drive built and last sold?
The property at 5313 Outlook Drive was built in 2003 and last sold on Oct 30, 2019 for $264,900.
How much is this home worth?
The estimated value of the home located at 5313 Outlook Drive is $0.
What are some comparable homes to 5313 Outlook Drive?
There are currently no comparable homes to 5313 Outlook Drive.
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