$205,000
●
Condo -
Off Market
624 Cedar Side Circle NE
Palm Bay, FL 32905
3 Beds
2 Baths,
1
Half Bath
1,695 Ft²
$1,626
Est. Monthly
$321
HOA / Fees
About This Property
Welcome to this desirable and spacious 3-bedroom, 2.5-bath condo in
the heart of Port Malabar. One of the few units that backs to a
peaceful wooded area, this home offers both privacy and
convenience. Enjoy an active Florida lifestyle with access to a
community pool, tennis courts, and clubhouse. The main level
features generous kitchen with breakfast bar, spacious
living/dining area, half bath, laundry room, tile flooring
throughout, while the upstairs bedrooms offer comfortable carpeting
and 2 baths. The primary suite includes his-and-hers walk-in
closets, a large walk-in shower, dual vanities, and a private water
closet. Built with concrete block construction, this home also
offers a newer roof (2023), hurricane shutters, a one-car garage,
guest plus handicap parking. Exterior maintained by the HOA ensures
low maintance living and it's conveniently located near shopping,
dining, schools, recreation, sidewalks, dog park and more!
Unit Size
1,695 Ft²
Days on Market
82 days
Land Size
0.07 acres
Price per sqft
$124
Property Type
Condo
Property Taxes
$273
HOA Dues
$321
Year Built
2005
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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: 7 months ago (Space Coast MLS #1065925)
Price History
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Assigned, Attached, Garage, Guest
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar, His and Hers Closets, Walk-In Closet(s), Primary Bathroom - Shower No Tub
Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup
Exterior Details
Square Footage: 1695
Square Footage Source: $0
Year Built: 2005
Levels: Two
Construction Materials: Block
Patio and Porch Features: Front Porch, Rear Porch
Lot Features: Other
Lot Size Area: 0.07
Lot Size Units: Acres
Lot Size Acres: 0.07
Lot Size Square Feet: 3049.2
Water Source: Public
Financial Details
Tax Annual Amount: $3,275
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Trash
HOA/Condo/Coop Amenities: Clubhouse, Maintenance Grounds, Pool, Tennis Court(s), Trash
HOA Fee: $321
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/08/2026
| |
3 Bed
|
2 Bath
|
1695 ft²
|
$215,000
3 Bed
2 Bath
1695 ft²
|
$205,000
-4.65%
04/01/2026
|
Marlynn Simmons
Real Broker LLC
|
Building Info
624 Cedar Side Circle Northeast
624 Cedar Side Circle Northeast, Palm Bay, FL 32905
About Port Malabar
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Listed by: Marlynn Abrams Simmons, Real Broker LLC
Last Updated: 7 months ago
Data Source: Space Coast MLS, MLS# 1065925
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.
Last Updated: 7 months ago
Data Source: Space Coast MLS, MLS# 1065925
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