$325,000
●
House -
For Sale
688 Charles Drive
Melbourne, FL 32935
3 Beds
2 Baths
1,181 Ft²
$1,930
Est. Monthly
About This Property
Move right into this beautifully updated 3-bedroom, 2-bath home
featuring an open floor plan, modern finishes, and an incredible
outdoor living space complete with a huge fully fenced yard, tiki
hut and fire pit!
Step inside and you'll immediately appreciate the fresh, inviting feel of this home, highlighted by all-new luxury vinyl flooring throughout--NO CARPET! The open-concept layout creates an easy flow between the living, dining, and kitchen areas, making everyday living and entertaining a breeze. The remodeled kitchen is sure to impress with quartz countertops, soft-close cabinetry, and stainless-steel appliances. Stylish updates throughout provide the perfect combination of comfort, functionality, and modern Florida living. Practical extras make this home even more appealing, including a washer and dryer and an additional refrigerator in the garage. This is the Florida lifestyle you've been waiting for!
Step inside and you'll immediately appreciate the fresh, inviting feel of this home, highlighted by all-new luxury vinyl flooring throughout--NO CARPET! The open-concept layout creates an easy flow between the living, dining, and kitchen areas, making everyday living and entertaining a breeze. The remodeled kitchen is sure to impress with quartz countertops, soft-close cabinetry, and stainless-steel appliances. Stylish updates throughout provide the perfect combination of comfort, functionality, and modern Florida living. Practical extras make this home even more appealing, including a washer and dryer and an additional refrigerator in the garage. This is the Florida lifestyle you've been waiting for!
Unit Size
1,181 Ft²
Days on Market
33 days
Land Size
0.32 acres
Price per sqft
$275
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1957
Listed By
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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: 3 days ago (Space Coast MLS #1086120)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2026 | Listed by Coldwell Banker Paradise | $325,000 | |
| Listed by Coldwell Banker Paradise | |||
| Aug 2, 2022 | Sold | ||
| Sold | |||
| Jun 13, 2022 | Listed by Coldwell Banker Paradise | $312,000 | |
| Listed by Coldwell Banker Paradise | |||
| Aug 2, 2019 | Sold | ||
| Sold | |||
| Jun 20, 2019 | Listed by Coldwell Banker Paradise | $190,000 | |
| Listed by Coldwell Banker Paradise | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Open Floorplan, Walk-In Closet(s), Primary Bathroom - Shower No Tub
Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Electric
Fireplaces: 1
Exterior Details
Square Footage: 1181
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1957
Levels: One
Construction Materials: Block
Patio and Porch Features: Covered, Rear Porch, Screened
Lot Features: Corner Lot
Lot Size Area: 0.32
Lot Size Units: Acres
Lot Size Acres: 0.32
Lot Size Square Feet: 13939
Water Source: Public
Financial Details
Tax Annual Amount: $4,001
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
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HOA + Taxes
About Almar
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Listed by: Sandy Legere, Coldwell Banker Paradise
Last Updated: 3 days ago
Data Source: Space Coast MLS, MLS# 1086120
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: 3 days ago
Data Source: Space Coast MLS, MLS# 1086120
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