8
Map
$129,000
●
Townhouse -
Off Market
850 Luminary Circle #106
Melbourne, FL 32901
2 Beds
2 Baths
1,008 Ft²
$229,752
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
About This Property
Beautiful END UNIT, will not last! Bright airy clean and move in
ready, spotless. This unit has a beautiful private backyard with
brick-pavers, great for entertaining and BBQ. This END UNIT
townhouse has more privacy with the canal in the backyard of your
fenced in area. High arched ceilings with oversized windows that
brings in more of the outside into your home. Your own private 1
car garage, walk-in closet, washer, dryer, garage door openers.
Enjoy all the HOA amenities including the oversized heated swimming
pool with a rock waterfall. A game of tennis, beach volleyball,
take a walk on the nature preserve trial or sit in the jacuzzi and
relax, lawn service included. Minutes to Beaches, Grumman, Harris,
Baer Air, hospitals, shops, mall, restuarants, Orlando, golfing,
I-95.
Unit Size
1,008 Ft²
Days on Market
75 days
Land Size
0.11 acres
Price per sqft
$131
Property Type
Townhouse
Property Taxes
$156
HOA Dues
$86
Year Built
-
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Cap Rate Calculator
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Operating Profit Per Year
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: 4 months ago (Space Coast MLS #737506)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 12, 2024 | Sold | ||
| Sold | |||
| Nov 11, 2023 | Listed by Coldwell Banker Paradise | $269,400 | |
| Listed by Coldwell Banker Paradise | |||
   | |||
|
Price reduced!End UNIT TOWNHOUSE makes it nice and bright in Sonesta Walk Community! A resort lifestyle awaits.1 story,1 car detached garage, 2 bdrm/2 full bath, cathedral ceilings, walk in closet, laundry rm, many upgrades, Brand NEW ROOF, electric storm shutters on sliding glass door, a/c unit 2018, porcelain tile flooring/deluxe vinyl flooring, no carpet, newer vanity countertops, dryer & 2023 washer included, privacy enclosed fenced back yard w/brick pavers. hoa $95 incl- lawn svce, community heated pool/hot tub, tennis court, beach volleyball, jogging/walking trail, etc. Minutes to historic downtown MLB, beaches/ intracoastal, boating, sebastian inlet, golf, malls, restaurants, hospitals, MLB Intl airport, Embraer, Harris, Disney, Cape Canaveral -launches & cruise ships,Daytona/NASCA
| |||
| Mar 4, 2016 | Sold | ||
| Sold | |||
| Oct 16, 2015 | Listed by Coldwell Banker Paradise | $132,000 | |
| Listed by Coldwell Banker Paradise | |||
| Oct 6, 2004 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Detached, Garage Door Opener
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Vaulted Ceiling(s), Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Refrigerator, Washer
Flooring Type: Carpet, Vinyl
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Exterior Details
Has Property Attached
Square Footage: 1008
Square Footage Source: $0
Year Built: 2005
Building Area Total: 1008
Levels: One
Construction Materials: Concrete, Stucco
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 4792
Lot Size Dimensions: 34.0 ft x 0.0 ft
Financial Details
Tax Annual Amount: $1,875
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance
HOA/Condo/Coop Amenities: Barbecue, Basketball Court, Maintenance Grounds, Management, Park, Playground, Pool, Spa/Hot Tub, Tennis Court(s)
HOA Fee: $86
HOA Fee Frequency: Quarterly
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 |
|---|---|---|---|---|---|---|---|
|
06/04/2023
| |
3 Bed
|
2 Bath
|
1277 ft²
|
$1,850
3 Bed
2 Bath
1277 ft²
|
-
-
|
Lori Jelley
Coldwell Banker Paradise - Indialantic
|
|
11/11/2023
|
2 Bed
|
2 Bath
|
1008 ft²
|
$269,400
2 Bed
2 Bath
1008 ft²
|
$266,400
-1.11%
01/12/2024
|
Lori Jelley
Coldwell Banker Paradise
| |
|
10/06/2022
| |
2 Bed
|
2 Bath
|
1008 ft²
|
$1,590
2 Bed
2 Bath
1008 ft²
|
-
-
|
Marcella Goff
Coldwell Banker Paradise
|
|
11/07/2021
| |
3 Bed
|
2 Bath
|
1277 ft²
|
$1,550
3 Bed
2 Bath
1277 ft²
|
-
-
|
Lori Jelley
Coldwell Banker Paradise - Indialantic
|
|
09/16/2020
| |
Loft
|
2 Bath
|
1277 ft²
|
$1,400
Loft
2 Bath
1277 ft²
|
-
-
|
-
|
|
09/13/2019
|
2 Bed
|
2 Bath
|
1008 ft²
|
$169,000
2 Bed
2 Bath
1008 ft²
|
$155,000
-8.28%
10/21/2019
|
Audra Farley
Ohana East Coast Realty
| |
|
05/04/2017
|
3 Bed
|
2 Bath
|
1277 ft²
|
$166,900
3 Bed
2 Bath
1277 ft²
|
$161,000
-3.54%
05/22/2017
|
Stacey Buchanan
Melbourne Realty, Inc.
| |
|
02/09/2017
| |
2 Bed
|
2 Bath
|
1008 ft²
|
$146,500
2 Bed
2 Bath
1008 ft²
|
$146,600
+0.07%
03/28/2017
|
Lori Jelley
Coldwell Banker Paradise - Indialantic
|
|
08/05/2016
|
3 Bed
|
2 Bath
|
-
|
$159,000
3 Bed
2 Bath
|
$152,000
-4.40%
10/05/2016
|
Nona Swann
Swann & Associates R.E., Inc.
| |
|
10/16/2015
|
2 Bed
|
2 Bath
|
1008 ft²
|
$132,000
2 Bed
2 Bath
1008 ft²
|
$129,000
-2.27%
03/04/2016
|
Lori Jelley
Coldwell Banker Paradise
| |
|
05/20/2013
|
2 Bed
|
2 Bath
|
1008 ft²
|
$109,900
2 Bed
2 Bath
1008 ft²
|
$95,000
-13.56%
07/10/2013
|
Barbara Wall
Coldwell Banker Realty
|
Building Info
About Sonesta Walk
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,000 /mo
- 2 Beds
- 2 Baths
- 1,317 ft²
$2,150 /mo
- 3 Beds
- 2 Baths
- 1,144 ft²
Listed by: Lori A Jelley, Coldwell Banker Paradise
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 737506
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: 4 months ago
Data Source: Space Coast MLS, MLS# 737506
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