A true riverfront masterpiece in the nature-rich setting of South
Melbourne Beach, this extraordinary custom home combines
exceptional strength, craftsmanship, and architectural beauty.
Built to withstand the harshest coastal conditions, every detail
reflects an uncompromising commitment to quality and design. A
sophisticated modern European aesthetic blends seamlessly with warm
coastal influences, perfectly suited to its spectacular waterfront
setting, just across the street from the Atlantic Ocean and miles
of pristine white-sand beaches accessed from your deeded beach dune
crossover. Enjoy 136 feet of direct river frontage (already
permitted for a private dock), a stunning 50-foot heated saltwater
pool, garage space for four vehicles & so much more. With
remarkable finishes, thoughtful design, and an unrivaled location,
this is a rare opportunity to own one of Melbourne Beach's most
impressive waterfront residences. Schedule your private tour today.
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.
Interior Features: Breakfast Bar, Pantry, Ceiling Fan(s), His and Hers Closets, Open Floorplan, Smart Home, Smart Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Primary Bathroom -Tub with Separate Shower, Split Bedrooms
Appliances: Convection Oven, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater, Induction Cooktop, Instant Hot Water, Microwave, Tankless Water Heater, Water Softener Owned, Wine Cooler
Flooring Type: Tile, Wood
Laundry Features: Electric Dryer Hookup, In Unit, Lower Level, Sink, Washer Hookup
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