23
Map
$259,900
●
Townhouse -
Off Market
890 Luminary Circle #102
Melbourne, FL 32901
2 Beds
2 Baths
1,008 Ft²
$1,652
Est. Monthly
$100
HOA / Fees
8.69%
Cap Rate
About This Property
Great townhome unit in SONESTA WALK - 2 Bedroom 2 Bath split plan
with detached 1 car private garage. This unit features: Newer
kitchen cabinets and granite counters, whirlpool stainless steel
appliances, new floors installed in 2024, Roof redone in 2021,
newer vanities and toilets in both bathrooms, hot water heater in
2021, Ac 2017, accordion shutters on all windows and sliding glass
door, private backyard with white vinyl fencing, covered front
porch, vaulted texture ceilings and more. Sonesta walk also offers
a resport style community pool, hot tub, playground, and volleyball
court. Covered pavilion with tables and chairs along with lounges
around the pool.
Unit Size
1,008 Ft²
Days on Market
55 days
Land Size
0.08 acres
Price per sqft
$258
Property Type
Townhouse
Property Taxes
$275
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: 3 months ago (Space Coast MLS #1058463)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 24, 2025 | Sold | ||
| Sold | |||
| Oct 8, 2025 | In contract | - | |
| In contract | |||
| Sep 30, 2025 | Listed by Real Broker LLC | $259,900 | |
| Listed by Real Broker LLC | |||
| Feb 6, 2014 | Sold | ||
| Sold | |||
| Nov 13, 2013 | Listed by SunCoast Real Estate Group | $109,900 | |
| Listed by SunCoast Real Estate Group | |||
   | |||
|
A Place To Call Home at this 2-bedroom/2-bath condo in Melbourne. Features include a living/dining combo, kitchen with electric range, refrigerator, breakfast bar for afternoon snacks, dishwasher, inside laundry, new carpet through out, new linoleum in kitchen and baths, tennis court and basketball court for your early morning exercise. Don't wait to see this one!! This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down! This property is approved for HomePath Mortgage and HomePath Renovation Mortgage Financing.
| |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Detached, Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Open Floorplan, Walk-In Closet(s), Split Bedrooms
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Flooring Type: Vinyl
Laundry Features: In Unit
Exterior Details
Has Property Attached
Square Footage: 1008
Square Footage Source: $0
Year Built: 2005
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Covered, Front Porch
Lot Features: Cleared
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Lot Size Square Feet: 3485
Water Source: Public
Financial Details
Tax Annual Amount: $3,306
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
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 |
|---|---|---|---|---|---|---|---|
|
09/30/2025
|
2 Bed
|
2 Bath
|
1008 ft²
|
$259,900
2 Bed
2 Bath
1008 ft²
|
$259,900
11/24/2025
|
Chris Register
Curri Properties
| |
|
08/21/2024
|
3 Bed
|
2 Bath
|
1277 ft²
|
$299,000
3 Bed
2 Bath
1277 ft²
|
$290,000
-3.01%
09/23/2024
|
Peggy Page
FLORIDA LUXURY REALTY INC
| |
|
07/26/2022
|
2 Bed
|
2 Bath
|
1008 ft²
|
$286,000
2 Bed
2 Bath
1008 ft²
|
$283,000
-1.05%
10/25/2022
|
Judy Civitate
EXP Realty, LLC
| |
|
12/17/2021
|
3 Bed
|
2 Bath
|
1277 ft²
|
$235,000
3 Bed
2 Bath
1277 ft²
|
$237,000
+0.85%
01/18/2022
|
Amy Bissonnette PA
EXP Realty, LLC
| |
|
09/10/2015
|
2 Bed
|
2 Bath
|
1008 ft²
|
$135,900
2 Bed
2 Bath
1008 ft²
|
$133,000
-2.13%
09/22/2015
|
Tracy Bacon
Dreyer & Associates R.E. Grp.
| |
|
08/18/2015
|
2 Bed
|
2 Bath
|
1008 ft²
|
$106,900
2 Bed
2 Bath
1008 ft²
|
$110,000
+2.90%
10/07/2015
|
Reagan L Jefferies
SunCoast Real Estate Group
| |
|
07/22/2014
|
3 Bed
|
2 Bath
|
-
|
$125,900
3 Bed
2 Bath
|
$125,000
-0.71%
10/15/2014
|
Sherry Headley
Exit Elite Realty Group
| |
|
06/09/2014
|
2 Bed
|
2 Bath
|
1008 ft²
|
$118,900
2 Bed
2 Bath
1008 ft²
|
$115,500
-2.86%
08/20/2014
|
Diane Calleja
RE/MAX Aerospace Realty
| |
|
11/13/2013
|
2 Bed
|
2 Bath
|
1008 ft²
|
$109,900
2 Bed
2 Bath
1008 ft²
|
$105,800
-3.73%
02/06/2014
|
Reagan L Jefferies
SunCoast Real Estate Group
| |
|
11/06/2012
|
3 Bed
|
2 Bath
|
-
|
$125,000
3 Bed
2 Bath
|
$121,500
-2.80%
12/21/2012
|
Douglas Wells
RE/MAX Alternative Realty
| |
|
09/28/2011
|
3 Bed
|
2 Bath
|
1277 ft²
|
$90,000
3 Bed
2 Bath
1277 ft²
|
$86,000
-4.44%
01/09/2012
|
Fonda Cote
Fonda Fay's Global Realty, Inc
|
Building Info
About Sonesta Walk
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Listed by: Chris Register, Real Broker LLC
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 1058463
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# 1058463
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