$422,000
●
House -
Off Market
683 Old Oak Street
Melbourne, FL 32935
2 Beds
1 Bath
1,000 Ft²
$2,366
Est. Monthly
About This Property
Built just six years ago by award winning custom builder Joyal
Homes, this thoughtfully designed home blends quality craftsmanship
with modern comfort. Soaring vaulted ceilings create an open and
airy feel, and the smart split floor plan lives larger than its
footprint while offering privacy between bedrooms.
Enjoy morning coffee in your secluded courtyard beneath a beautiful mature oak, creating natural shade and a peaceful retreat.
Located in the heart of the Eau Gallie Arts District, you are within walking distance of galleries, dining, nightlife, the marina, the library, and a local brewery. The waterfront park down the street looks across the river at Ballard Park, and the Eau Gallie Causeway is just steps away for morning walks, sunsets, and rocket launches.
Ideal as a primary residence, seasonal getaway, or income producing investment.
Includes a one car garage and a detached single car carport.
Area also allow for an accessory dwelling unit or mother in law suite (ADU).
Enjoy morning coffee in your secluded courtyard beneath a beautiful mature oak, creating natural shade and a peaceful retreat.
Located in the heart of the Eau Gallie Arts District, you are within walking distance of galleries, dining, nightlife, the marina, the library, and a local brewery. The waterfront park down the street looks across the river at Ballard Park, and the Eau Gallie Causeway is just steps away for morning walks, sunsets, and rocket launches.
Ideal as a primary residence, seasonal getaway, or income producing investment.
Includes a one car garage and a detached single car carport.
Area also allow for an accessory dwelling unit or mother in law suite (ADU).
Unit Size
1,000 Ft²
Days on Market
196 days
Land Size
0.10 acres
Price per sqft
$450
Property Type
House
Property Taxes
$156
HOA Dues
-
Year Built
2020
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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: 14 days ago (Space Coast MLS #1070079)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2026 | Sold | ||
| Sold | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Feb 23, 2026 | Listed by Pineapple Farms LLC | $450,000 | |
| Listed by Pineapple Farms LLC | |||
| Aug 13, 2025 | Listed | $375,000 | |
| Listed | |||
| | |||
|
Just 5 years young, this charming home was crafted by award-winning custom builder Joyal Homes. It offers soaring vaulted ceilings with a 2BD/1BA split floorplan, and a convenient 1-car garage.
Perfectly situated within walking distance to the lively Eau Gallie Arts District, you'll enjoy easy access to art galleries, dining, and entertainment. Whether you're looking for a cozy primary residence, a low-maintenance investment property, or a lucrative Airbnb/short-term rental opportunity, this location delivers exceptional potential.
| |||
| Aug 19, 2019 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Creels
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Listed by: Adam Warner, Pineapple Farms LLC
Last Updated: 14 days ago
Data Source: Space Coast MLS, MLS# 1070079
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: 14 days ago
Data Source: Space Coast MLS, MLS# 1070079
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