2225 Highway A1a APT 801

• Oceanfront Location: Direct beach access and ocean views significantly increase property value • Balcony: Private outdoor space with ocean views adds considerable value • Community Pool and Hot Tub: Amenities enhance the living experience and property appeal • Floor-to-ceiling windows: Provide ample natural light and expansive views, increasing desirability • Oceanfront location • Balcony with ocean view • Community pool and hot tub • Hurricane shutters • Price Position: At $384.28/sqft, this property is priced significantly above the recent median sold price of $296/sqft in 32937. • Appreciation Trend: Homes in 32937 have sold for 4.7% more than they did a year ago. • Rental Income: $1,640/month with 90% occupancy (0.0% cap rate) • Schools: Good school ratings, particularly for elementary and high school, likely add a 3-5% premium to property values compared to areas with lower-rated schools. This is a positive factor for long-term resale. • Future Development: Potential development in the Eau Gallie arts district could increase entertainment and dining options, positively impacting property value. The Melbourne airport proximity offers convenience but could also bring noise concerns. • The condo benefits from abundant natural light due to the large windows and ocean-facing orientation. The floor-to-ceiling windows maximize daylight penetration. • The condo has a functional layout with good separation of living and sleeping areas. The open kitchen design allows for interaction with the living space. However, the mirrored walls and dated finishes detract from the overall appeal.