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Brevard 32951 Aquarina
7481 Matanilla Reef Way
$649,900
● House - Off Market

7481 Matanilla Reef Way

Melbourne Beach, FL 32951
bedrooms
3 Beds
bathrooms
4 Baths, 2 Half Baths
$1,097,665
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

This stunning custom home under construction is just one of the available floor plans to choose from in South Brevard's newest community, Matanilla Reef. Located in Aquarina Country Club, an enclave of beautiful Mediterranean style homes. Featuring high end touches & exquisite attention to detail. Great location in Aquarina boasting sprawling ocean and golf views in Aquarina Country Club, a golf and tennis community with ocean to river amenities. Options and upgrades available, additional charges may apply.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$999
Year Built
2017

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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: 3 years ago (Space Coast MLS #759590)

Price History

Date / Event Date Event Price
Aug 15, 2016 Sold
Premium
Sold
Jul 11, 2016 Listed by Treasure Coast Sotheby's Int'l $649,900
Listed by Treasure Coast Sotheby's Int'l

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 471
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 132

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 4,152
  • Gross Building Area: 4,152
  • Building Area: 3,069
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,069
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MATANILLA REEF AT AQUARINA
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: MATANILLA REEF AT AQUARINA LOT 7 BLK A

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066104

Geography

  • Assessors Map Reference: MB 62 PG 32
  • Account Number: 3013064
  • Parcel: 29-38-36-WL-0000A.0-0007.00
  • Block: A
  • Lot: 7
  • Meridian: SEC 36 TWN 29S RNG 38E
  • Municipality: UNINCORP DISTRICT 3
  • Latitude: 27.9235
  • Longitude: -80.4842

    Address

  • Full Address: 7481 Matanilla Reef Way
  • Address - House Number: 7481
  • Address - Street Name: Matanilla Reef
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Melbourne Beach
  • Carrier Code: R073
  • 4-Digit Zip Code: 3921
  • Zip Code: 32951

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,050,905
  • Tax Rate Code Area: 3400

    Appraisal Valuation

  • Standard Deviation: 0.1396
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 83
  • Final Value: 1,164,915
  • High Value: 1,327,643
  • Low Value: 1,002,187

    Market Valuation

  • Market Total Value: $858,170

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $858,170
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 Aquarina

Stats & Trends

Median Asking:

$639,000

Sale Price/ft²

$279

Below Asking

0.02%

Average Days on Market

120

Average Home Size

1992 ft²

Average Home Age

26.9 years

Currently For Sale

17 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 123 Mullet Creek Road, Melbourne Beach, FL, 32951

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,072 ft²
123 Mullet Creek Road, Melbourne Beach, FL, 32951 Listing by Eric S Van Dam

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Michael G Thorpe, Treasure Coast Sotheby's Int'l
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 759590
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 7481 Matanilla Reef Way built and last sold?
The property at 7481 Matanilla Reef Way was built in 2017 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7481 Matanilla Reef Way is $0.
What are some comparable homes to 7481 Matanilla Reef Way?
There are currently no comparable homes to 7481 Matanilla Reef Way.
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