54
Map
$172,000
●
Condo -
Off Market
7820 Shadowood Drive #310
Melbourne, FL 32904
2 Beds
2 Baths
1,072 Ft²
$1,292
Est. Monthly
$381
HOA / Fees
7.83%
Cap Rate
About This Property
Maintenance-Free West Melbourne Oasis! 2 Bedroom, 2 Bath Condo
offers affordable, easy living plus abundant amenities in a
convenient locale. Comfortable living and dining areas lead
to private, screened balcony overlooking serene pond with water
feature and mature trees. Spacious kitchen with plenty of counter
space and cabinets. Brand new roof! Community offers
tennis, racquetball, clubhouse, pool, an exercise room and more!
Exterior maintenance included in monthly Condo Association
fee. 5-10 minutes to all conveniences, Florida Tech,
outstanding employment options, I-95 and US Highway 1. A short 10-
15 minute drive to the Intracoastal Waterway and beaches of the
Atlantic Ocean. Condo Association fees go to $481.00 per month in
January of 2024. See documents attached in MLS.
Unit Size
1,072 Ft²
Days on Market
36 days
Land Size
0.09 acres
Price per sqft
$163
Property Type
Condo
Property Taxes
$52
HOA Dues
$381
Year Built
-
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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: 5 months ago (Space Coast MLS #979233)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2026 | Sold | ||
| Sold | |||
| Jul 8, 2026 | In contract | - | |
| In contract | |||
| Jun 22, 2026 | Listed by Housing Market LLC | $179,900 | |
| Listed by Housing Market LLC | |||
   | |||
|
Step inside this newly renovated condominium waiting for you to call home! This stunning property encompasses a clean, contemporary feel with 2 generously sized bedrooms and 2 full bathrooms. It offers a comfortable and functional layout with completely new flooring throughout along with plenty of closet space on both floors. The kitchen offers all 2026 stainless steel appliances, upgraded cabinets, modern countertops, 2024 AC, and 2022 water heater. Ceiling fans are beautifully placed throughout the home. The primary and guest bathroom have been fully remodeled as well. Take comfort in your private screened balcony overlooking the water in addition to the various amenities the community has to offer. Location is ideal with easy access to Wickham Road, 192, and I-95 to supplement your shopping, dining, and commute to work.
| |||
| Dec 7, 2023 | Sold | ||
| Sold | |||
| Nov 1, 2023 | Listed by Melbourne Realty, Inc. | $174,900 | |
| Listed by Melbourne Realty, Inc. | |||
Show More
Property Highlights
Parking Available
Air Conditioning
With View
Parking Details
Parking Features: Assigned
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Pantry, Primary Bathroom - Tub with Shower
Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
Flooring Type: Carpet, Tile
Exterior Details
Has Property Attached
Square Footage: 1072
Square Footage Source: $0
Year Built: 1984
Waterfront Features: Pond
Levels: Two
Construction Materials: Frame, Stucco, Wood Siding
Patio and Porch Features: Porch, Screened
Pool Features: In Ground
Lot Features: Wooded
Lot Size Area: 0.09
Lot Size Units: Acres
Lot Size Acres: 0.09
Lot Size Square Feet: 3920
Water Source: Public
Financial Details
Tax Annual Amount: $626
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Barbecue, Clubhouse, Fitness Center, Maintenance Grounds, Maintenance Structure, Playground, Pool, Racquetball, Tennis Court(s), Management - Full Time, Management - Off Site
HOA Fee: $381
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 |
|---|---|---|---|---|---|---|---|
|
12/01/2025
|
2 Bed
|
2 Bath
|
1216 ft²
|
$159,900
2 Bed
2 Bath
1216 ft²
|
$130,000
-18.70%
02/02/2026
|
Stacey Buchanan
Melbourne Realty, Inc.
| |
|
02/12/2024
|
2 Bed
|
2 Bath
|
1162 ft²
|
$174,999
2 Bed
2 Bath
1162 ft²
|
$173,000
-1.14%
05/20/2024
|
Samantha Rose Romero
GK Realty Group
| |
|
11/10/2023
|
2 Bed
|
2 Bath
|
1072 ft²
|
$160,000
2 Bed
2 Bath
1072 ft²
|
$145,000
-9.38%
03/22/2024
|
Misty M Morrison
Misty Morrison Real Estate
| |
|
11/01/2023
|
2 Bed
|
2 Bath
|
1072 ft²
|
$174,900
2 Bed
2 Bath
1072 ft²
|
$172,000
-1.66%
12/07/2023
|
Stacey Buchanan
Melbourne Realty, Inc.
| |
|
09/17/2022
| |
2 Bed
|
2 Bath
|
1162 ft²
|
$209,982
2 Bed
2 Bath
1162 ft²
|
-
-
|
Martha Melendez
Engel & Volkers Melbourne Central
|
|
09/17/2022
|
2 Bed
|
2 Bath
|
1162 ft²
|
$204,982
2 Bed
2 Bath
1162 ft²
|
$195,000
-4.87%
11/15/2022
|
Aspire Group
Engel&Voelkers Melb Beachside
| |
|
07/07/2022
|
2 Bed
|
2 Bath
|
1216 ft²
|
$184,900
2 Bed
2 Bath
1216 ft²
|
$191,800
+3.73%
08/12/2022
|
Eugene Boone, Jr.
RE/MAX FOXFIRE - HWY 40
| |
|
05/07/2022
|
2 Bed
|
2 Bath
|
1072 ft²
|
$175,000
2 Bed
2 Bath
1072 ft²
|
$170,000
-2.86%
08/11/2022
|
Eugene Boone, Jr.
RE/MAX FOXFIRE - HWY 40
| |
|
01/26/2022
|
2 Bed
|
2 Bath
|
1082 ft²
|
$180,000
2 Bed
2 Bath
1082 ft²
|
$190,000
+5.56%
02/28/2022
|
Richard Farb
Blue Marlin Real Estate
| |
|
02/03/2021
| |
2 Bed
|
3 Bath
|
1216 ft²
|
$110,000
2 Bed
3 Bath
1216 ft²
|
-
-
|
-
|
|
01/30/2021
|
2 Bed
|
2 Bath
|
1216 ft²
|
$105,000
2 Bed
2 Bath
1216 ft²
|
$105,000
04/14/2021
|
Anthony Scaramouche
Coldwell Banker Paradise
| |
|
08/09/2020
|
2 Bed
|
2 Bath
|
-
|
$117,900
2 Bed
2 Bath
|
$113,000
-4.16%
08/26/2020
|
Tauhida Parveen
Keller Williams Realty Brevard
| |
|
06/20/2018
|
2 Bed
|
2 Bath
|
1216 ft²
|
$81,900
2 Bed
2 Bath
1216 ft²
|
$80,000
-2.32%
07/13/2018
|
Niko Mihatovic
All Real Estate, Inc.
| |
|
03/17/2018
|
2 Bed
|
2 Bath
|
1216 ft²
|
$85,000
2 Bed
2 Bath
1216 ft²
|
$80,000
-5.88%
05/10/2018
|
Dianne Lucas
RE/MAX Elite
| |
|
09/07/2017
|
2 Bed
|
3 Bath
|
-
|
$85,000
2 Bed
3 Bath
|
$80,000
-5.88%
10/13/2017
|
Bobbi Jo Webber
All American Real Estate Inc.
| |
|
02/20/2017
|
2 Bed
|
2 Bath
|
1162 ft²
|
$74,900
2 Bed
2 Bath
1162 ft²
|
$74,900
04/13/2017
|
Wiley Elliott
CENTURY 21 Circle
| |
|
12/19/2016
|
2 Bed
|
2 Bath
|
1072 ft²
|
$62,900
2 Bed
2 Bath
1072 ft²
|
$60,000
-4.61%
02/09/2017
|
Toie D Crespi
BHHS Florida Realty
| |
|
11/10/2016
|
2 Bed
|
2 Bath
|
-
|
$55,000
2 Bed
2 Bath
|
$55,000
11/23/2016
|
Maureen Roche
Brevard Property Mgmt & Rlty
| |
|
05/10/2016
|
2 Bed
|
2 Bath
|
1072 ft²
|
$58,000
2 Bed
2 Bath
1072 ft²
|
$55,000
-5.17%
07/18/2016
|
Marlena Wassel
Real Estate Solutions Brevard
| |
|
03/09/2016
|
2 Bed
|
2 Bath
|
1216 ft²
|
$64,900
2 Bed
2 Bath
1216 ft²
|
$62,500
-3.70%
10/24/2016
|
Andy Waterman
Waterman Real Estate, Inc.
| |
|
11/10/2015
|
2 Bed
|
2 Bath
|
1162 ft²
|
$34,900
2 Bed
2 Bath
1162 ft²
|
$32,000
-8.31%
12/31/2015
|
Marcie Bolt
Engel & Volkers Melbourne Central
| |
|
11/03/2015
|
2 Bed
|
2 Bath
|
1216 ft²
|
$59,000
2 Bed
2 Bath
1216 ft²
|
$50,000
-15.25%
02/26/2016
|
Wiley H Elliott
Indian River Realty
| |
|
06/30/2015
|
2 Bed
|
2 Bath
|
1162 ft²
|
$49,900
2 Bed
2 Bath
1162 ft²
|
$48,000
-3.81%
08/17/2015
|
Kevin Hill
RE/MAX Alternative Realty
| |
|
12/08/2014
|
2 Bed
|
2 Bath
|
1072 ft²
|
$49,900
2 Bed
2 Bath
1072 ft²
|
$49,900
06/09/2015
|
Marlena Wassel
Real Estate Solutions Brevard
| |
|
11/20/2014
|
2 Bed
|
2 Bath
|
1216 ft²
|
$40,000
2 Bed
2 Bath
1216 ft²
|
$41,000
+2.50%
03/18/2015
|
Anthony Granato
EXIT 1st Class Realty
| |
|
03/15/2013
|
2 Bed
|
2 Bath
|
-
|
$27,900
2 Bed
2 Bath
|
$25,299
-9.32%
08/19/2013
|
Stephanie McCall
RealHome Services and Solutions Inc.
| |
|
12/10/2012
|
2 Bed
|
2 Bath
|
1072 ft²
|
$55,000
2 Bed
2 Bath
1072 ft²
|
$55,000
07/31/2013
|
Marlena Wassel
Real Estate Solutions Brevard
|
Building Info
7820 Shadowood Drive
7820 Shadowood Drive, Melbourne, FL 32904
- 2 Units for Sale
About West Melbourne
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Listed by: Stacey Buchanan, Melbourne Realty, Inc.
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 979233
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: 5 months ago
Data Source: Space Coast MLS, MLS# 979233
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