5835 Highway A1a
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2025 | Sold | ||
| Sold | |||
| Sep 24, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed by LIV Signature Real Estate, LLC | $2,290,000 | |
| Listed by LIV Signature Real Estate, LLC | |||
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This is a rare opportunity to build your dream home on one of the most beautiful, wooded lots on Melbourne Beach. This large and private oceanfront property is located directly off Highway A1A. Zoned residential, this single- family lot spans 114' wide and almost 500' deep. With no HOA restrictions, the possibilities are endless, even an oceanfront pool! Perfectly situated within minutes of all of Melbourne's best amenities, including the downtown shoppes and restaurants, nearby parks, and schools. Just a short drive to the Orlando Melbourne International airport, and I-95, and less than 2 hours to all the fun spots in Orlando and Miami Beach. Live the epitome of Florida's beach life when you build your dream home on this picture-perfect lot.
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| Mar 2, 2012 | Sold | ||
| Sold | |||
| Mar 21, 2011 | Listed by Premier Properties Real Estate | $885,000 | |
| Listed by Premier Properties Real Estate | |||
Property Highlights
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About Brevard
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017