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$305,000
●
House -
Off Market
914 S South Fork Circle
Melbourne, FL 32901
3 Beds
2 Baths
1,621 Ft²
$1,998
Est. Monthly
$112
HOA / Fees
About This Property
Beautifully updated 3-bedroom, 2-bath home with over 1,600 sq. ft.
in the highly sought-after gated South Oaks community! This light
and bright home features 2025 LG stainless steel appliances
(refrigerator w/ice & water, dishwasher, washer & dryer), new
kitchen and dining lighting, wine refrigerator, and freshly painted
interior with knockdown ceilings. Enjoy the extended front porch,
screened side porch, and under air Florida room. Updates include
2025 Rheem water heater, new well & pump, 2022 re-plumb, 2022 Halo
AC filtration, 2018 roof, 2021 garage door, painted garage floor,
and updated landscaping. No carpet-easy-to-maintain floors
throughout and a floorplan that can lend itself to
multigenerational living! Property is not currently homesteaded.
As a resident of South Oaks, you'll have access to
resort-style amenities including a clubhouse, library, heated pool,
indoor hot tub, full walk-in sauna, full gym, tennis/pickleball
courts, billiard hall, RV & BOAT PARKING and more!
Unit Size
1,621 Ft²
Days on Market
21 days
Land Size
0.13 acres
Price per sqft
$191
Property Type
House
Property Taxes
$364
HOA Dues
$112
Year Built
1988
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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: 2 months ago (Space Coast MLS #1060956)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Nov 6, 2025 | In contract | - | |
| In contract | |||
| Oct 31, 2025 | Listed by RE/MAX Elite | $310,000 | |
| Listed by RE/MAX Elite | |||
| Jun 25, 2025 | Price Decreased |
$329,999
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jun 9, 2025 | Listed | $334,900 | |
| Listed | |||
| | |||
|
2025 Upgrades: Hot Water Heater, Refrigerator, Dishwasher, Wine Fridge, Irrigation Well and Pump, Painted Interior, Ceilings, and Garage; with new Garage Floor Coating, Garage door Opener System. This home is a move-in ready 3BR/2BA home with 1,621 SF plus a large rear flex space, expanding usable area to nearly 1,800 SF. Spacious living/dining area with cozy wood-burning fireplace and ceramic tile throughout. Large primary suite includes a bonus room—ideal for an office, nursery, or retreat. Multi-generation family potential with flexible layout and separate living areas. House is completely re-plumbed into the attic 2022. Gated community with resort-style amenities: heated pool, spa, sauna, gym, tennis/pickleball, RV/boat parking, and Clubhouse with events. Enclosed front porch perfect for kids and pets. Peaceful lake for evening strolls. Low $112/mo HOA includes weekly lawn care—low-maintenance living at its bes
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About South Oaks
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Currently no similar homes aroundNearby Rentals
Listed by: Jennifer J Coley, RE/MAX Elite
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1060956
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: 2 months ago
Data Source: Space Coast MLS, MLS# 1060956
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