38
Map
$749,000
●
House -
Off Market
7650 Pinecrest Avenue
Melbourne, FL 32904
6 Beds
5 Baths,
1
Half Bath
4,845 Ft²
$931,363
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
4 acres of well-manicured lawn surround this beautiful Colonial
Style home. Located in the heart of Melbourne off Wickham Rd this
stately property offers vast privacy and serenity with large mature
oaks throughout. Main house is two stories 4 bed/3.5 bath with 2
car garage and large pole barn providing ample space for family,
guests, vehicles, RV, hobbies and more. A private guest house
offers an open floor plan with 2 bed/2 bath, a full kitchen,
carport, and laundry/storage room. Master suite on ground floor
accented with stone fireplace, soaking tub, and his/her walk-in
closets. Upstairs, 3 additional bedrooms, one of which is an
ensuite with a balcony overlooking the plush property. Charming
kitchen is the perfect blend of a living and entertaining space
with a large granite island, , beautiful wood cabinetry, oversized
pantry, and built-in desk area. Spacious living room with tall
ceilings, stone fireplace, bar area, and Pecky Cypress walls lead
to a screened porch overlooking the private lake and property. Once
you step foot on this property, its uniqueness and beauty will
truly take your breath away!
Unit Size
4,845 Ft²
Days on Market
133 days
Land Size
3.96 acres
Price per sqft
$155
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1964
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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 months ago (Space Coast MLS #888872)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 7, 2026 | Sold | ||
| Sold | |||
| Jan 7, 2026 | Listed by STELLAR NON-MEMBER OFFICE | $1,240,000 | |
| Listed by STELLAR NON-MEMBER OFFICE | |||
| | |||
|
Data Entry Only
| |||
| Nov 13, 2025 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Listed by Misty Morrison Real Estate | $1,295,000 | |
| Listed by Misty Morrison Real Estate | |||
| | |||
|
Discover a property that rarely comes on the market! Don't miss the opportunity to own this spacious property set on nearly 4 acres of beautifully maintained land - offering room to roam, relax, and enjoy the best of Florida lifestyle. The main 4BR/3.5BA Colonial home features a beautifully renovated kitchen w/ quartz countertops, island seating, custom cabinetry, and Bosch stainless appliances. The inviting primary suite includes a cozy wood-burning fireplace and a spa-inspired bath w/ dual quartz vanities, tub w/ separate walk-in shower. Enjoy breathtaking property views from the upstairs balcony or direct water views from the enclosed lanai. Explore the newer greenhouse and the separate 2BR/2BA dwelling ideal for extended family, guests, or rental income. With 4,845 total sq ft of living space, this estate offers a peaceful, private setting with ample room for a pool, RV/Boat parking, gardens, or future projects. Minutes to beaches, shopping, L3 Harris, Grumman and much more!
| |||
| Mar 18, 2021 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Pine Lake Estates
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Listed by: Benjamin S. Glover, One Sotheby's International
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 888872
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 months ago
Data Source: Space Coast MLS, MLS# 888872
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