38
Map
$250,000
●
Townhouse -
Off Market
770 Luminary Circle #104
Melbourne, FL 32901
2 Beds
2 Baths
1,008 Ft²
$1,626
Est. Monthly
$100
HOA / Fees
8.15%
Cap Rate
About This Property
Move right into this beautifully updated townhome in the highly
desirable Sonesta Walk community! Just steps from the resort-style
pool with a stunning waterfall, residents also enjoy tennis,
basketball, sand volleyball, a playground, and a scenic walking
trail. The low $100/month HOA includes lawn maintenance for easy,
low-maintenance living. Inside, the renovated kitchen features
modern cabinetry, quartz countertops, ceramic tile flooring, and
newer appliances. Both bathrooms have new laminate floors, creating
a fresh, modern feel throughout. The home also offers a screened
front porch plus a private tropical patio with lush landscaping and
a producing lemon tree. A striking silver Bismarck palm enhances
the curb appeal. Additional features include accordion hurricane
shutters, a freshly painted garage floor, a 6-yr-old roof, 8-yr-old
water heater, washer and dryer, and a 9-yr-old A/C. Conveniently
located near shopping, dining, major employers, and Florida's
beautiful beaches!
Unit Size
1,008 Ft²
Days on Market
83 days
Land Size
0.07 acres
Price per sqft
$248
Property Type
Townhouse
Property Taxes
$298
HOA Dues
$100
Year Built
-
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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: 19 days ago (Space Coast MLS #1083114)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 13, 2026 | Sold | ||
| Sold | |||
| Sep 17, 2026 | In contract | - | |
| In contract | |||
| Aug 31, 2026 | Price Decreased |
$250,000
↓ $5K
(2%) | |
| Price Decreased | |||
| Jul 22, 2026 | Listed by Keller Williams Realty Brevard | $255,000 | |
| Listed by Keller Williams Realty Brevard | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Detached, Garage, Garage Door Opener
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Primary Bathroom - Tub with Shower, Split Bedrooms
Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring Type: Carpet, Laminate, Tile
Laundry Features: In Unit
Exterior Details
Has Property Attached
Square Footage: 1008
Square Footage Source: $0
Security Features: Security System Owned
Property Condition: Updated/Remodeled
Year Built: 2005
Building Area Total: 1320
Levels: One
Construction Materials: Concrete, Stucco
Patio and Porch Features: Patio, Porch, Screened
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: $3,574
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA/Condo/Coop Amenities: Basketball Court, Clubhouse, Jogging Path, Management, Playground, Pool, Spa/Hot Tub, Tennis Court(s)
HOA Fee: $100
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 |
|---|---|---|---|---|---|---|---|
|
07/22/2026
|
2 Bed
|
2 Bath
|
1008 ft²
|
$255,000
2 Bed
2 Bath
1008 ft²
|
$250,000
-1.96%
10/13/2026
|
Amy Lucas
Keller Williams Realty Brevard
| |
|
12/04/2017
|
2 Bed
|
2 Bath
|
1008 ft²
|
$161,900
2 Bed
2 Bath
1008 ft²
|
$161,900
02/09/2018
|
Diane Calleja
RE/MAX Aerospace Realty
| |
|
10/31/2016
|
2 Bed
|
2 Bath
|
1008 ft²
|
$146,500
2 Bed
2 Bath
1008 ft²
|
$143,000
-2.39%
12/22/2016
|
Jason J Bucci
CENTURY 21 Baytree Realty
| |
|
06/10/2013
|
2 Bed
|
2 Bath
|
1008 ft²
|
$118,000
2 Bed
2 Bath
1008 ft²
|
$113,000
-4.24%
10/25/2013
|
Lori A Jelley
Coldwell Banker Realty
|
Building Info
About Sonesta Walk
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Listed by: Amy Lucas, Keller Williams Realty Brevard
Last Updated: 19 days ago
Data Source: Space Coast MLS, MLS# 1083114
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: 19 days ago
Data Source: Space Coast MLS, MLS# 1083114
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