168-238 Hidden Woods Place, Melbourne, FL 32901

$3,895,000

Virtual Tour

https://www.virtualtourcafe.com/mls/10006507

Property Type: Residential Income Bedrooms: 29 Baths: 43 Lot Size (sq. ft.): 4,356 Status: Active

Current Price: $3,895,000 List Date: 5/22/2026 Last Modified: 8/26/2026

Overview

Description

Brand New Construction- 12-Townhomes individually deeded, in the Heart of Melbourne - FULLY LEASED and CASH FLOWING Don't miss this incredible opportunity to own a brand-new, private townhome community with no rental restrictions--perfect for short-term rentals, annual leases, or student housing. Now Available! Property Highlights: Each unit individually deeded to allow for easier dispositions. TOTAL OF 42 Bedrooms, comprised of the following: 6 End Units: 4 bedrooms, 2.5 baths, loft, and a 1-car garage, featuring a Primary Suite on the first floor with over 1,800 sq. ft. of living space. 6 Interior Units: 3 bedrooms, 2.5 baths, and a 1-car garage with over 1,600 sq. ft. under air. Top-Quality Construction, Beautifully designed concrete construction with functional, desirable floor plans, stone and decorative siding, covered trussed porches, impact windows, and luxurious finishes throughout. Prime Location!

Listing Details MLS# 1078073

General Property Information

Number Of Buildings: 3
Number Of Units Total: 12
Bedrooms Total: 29
Bathrooms Total: 43
Bathrooms Full: 35
Bathrooms Half: 8
Living Area Source: Builder
New Construction YN: Yes
Year Built: 2025
Estimated Completion Date: 2025-08-15
Garage YN: Yes
Garage Spaces: 12
Carport YN: No
Parking Total: 12
Lot Size Acres: 0.1
Lot Size Square Feet: 4356
Association YN: Yes
CDD Fee YN: No
Association Fee: 180
Association Fee Frequency: Monthly
Association Name: Hidden Woods
Association Fee 2: 500
Association Fee 2 Frequency: One Time
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: 2
Stories: 2
Pool Private YN: No

Property Features

Appliances: Dishwasher; Disposal; Electric Range; Ice Maker; Microwave; Refrigerator Association Amenities: Maintenance Grounds; Management - Off Site Association Fee Includes: Insurance; Maintenance Grounds; Other Construction Materials: Composition Siding; Concrete; Frame; Stone; Stucco Cooling: Central Air; Electric; Separate Meters Current Use: Investment; Multi-Family; Residential Exterior Features: Impact Windows; Other Financial Data Source: Property Manager Flooring: Vinyl Heating: Electric; Separate Meters Laundry Features: Washer Hookup Levels: Two Listing Terms: Cash; Conventional Lot Features: Sprinklers In Front; Sprinklers In Rear Owner Pays: Association Fees; Management; Roof Maintenance; Taxes Parking Features: Garage Possession: Close Of Escrow Road Frontage Type: Private Road Road Surface Type: Asphalt Roof: Shingle Security Features: Smoke Detector(s) Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Cable TV; Electricity; Sewer; Telephone; Trash Collection; Water Utilities: Electricity Available; Electricity Connected; Sewer Available; Sewer Connected; Water Available; Water Connected Water Source: Public Showing Requirements: Appointment Only

Contract Information

Original List Price: 3895000
Listing Contract Date: 2026-05-22
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 168-238
Street Name: Hidden Woods
Street Suffix: Place
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: Brand New Construction- 12-Townhomes individually deeded, in the Heart of Melbourne - FULLY LEASED and CASH FLOWING Don't miss this incredible opportunity to own a brand-new, private townhome community with no rental restrictions--perfect for short-term rentals, annual leases, or student housing. Now Available! Property Highlights: Each unit individually deeded to allow for easier dispositions. TOTAL OF 42 Bedrooms, comprised of the following: 6 End Units: 4 bedrooms, 2.5 baths, loft, and a 1-car garage, featuring a Primary Suite on the first floor with over 1,800 sq. ft. of living space. 6 Interior Units: 3 bedrooms, 2.5 baths, and a 1-car garage with over 1,600 sq. ft. under air. Top-Quality Construction, Beautifully designed concrete construction with functional, desirable floor plans, stone and decorative siding, covered trussed porches, impact windows, and luxurious finishes throughout. Prime Location!

Status Change Information

Major Change Timestamp: 2026-05-22T18:44:14Z
Major Change Type: New Listing
Status Change Timestamp: 2026-05-22

More Information

Closing Company Details

Closing Company Name: State Title
Closing Company Address: 300 W. Fee Avenue Suite B Melbourne, FL 32901 sharon.greenleaf@statetitlepartners.net

DPR Eligible

DPR Eligible: No

Income and Expenses

Gross Scheduled Income: 324000
Net Operating Income: 238680

Unit 1 Details

Unit ID: 167
Actual Rent: 2500
Unit SqFt: 1820
Full Baths Total: 2
Half Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: completed

Unit 2 Details

Unit ID: 177
Actual Rent: 2100
Unit SqFt: 1648
Full Baths Total: 2
Half Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: completed

Unit 3 Details

Unit ID: 187
Actual Rent: 2100
Unit SqFt: 1820
Full Baths Total: 2
Half Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: completed

Unit 4 Details

Unit ID: 191
Actual Rent: 2395
Unit SqFt: 1820
Full Baths Total: 2
Half Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: completed

Unit 5 Details

Unit ID: 217
Actual Rent: 2100
Unit SqFt: 1648
Full Baths Total: 2
Half Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: completed

Unit 6 Details

Unit ID: 227
Actual Rent: 2100
Unit SqFt: 1648
Full Baths Total: 2
Half Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: completed

Unit 7 Details

Unit ID: 237
Actual Rent: 2395
Unit SqFt: 1820
Full Baths Total: 2
Half Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: completed- lease starting July 1st

Unit 8 Details

Unit ID: 164
Actual Rent: 1900
Unit SqFt: 1820
Full Baths Total: 21
Half Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: completed-lease starting August 15, paid in full

Listing Office: Waterman Real Estate Inc.

Last Updated: August - 26 - 2026

Information is deemed to be reliable, but is not guaranteed.