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Brevard 32909 Deer Run
116 Deer Run Road
$47,500
● Land - Off Market

116 Deer Run Road

Palm Bay, FL 32909
bedrooms
Studio
bathrooms
0 Bath
$87,576
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Price Reduced again. Seller are very motivated. this is an incredible opportunity to acquire this 3.28 acres of country living property! Deer Run community. No flood zone. Drive-by and take a look! Nake the Seller an offer they can't refuse.
Unit Size
-
Days on Market
-
Land Size
3.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
$34
HOA Dues
$250
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 years ago (Space Coast MLS #769953)

Price History

Date / Event Date Event Price
Aug 5, 2019 No longer available -
No longer available
Mar 25, 2019 Relisted $47,500
Relisted
Mar 12, 2019 No longer available -
No longer available
Sep 4, 2018 Listed $109,477
Listed
Large 3.28 Acre lot in Deer Run, minutes to the Micco Rd/ I 95 Interchange (coming soon)! One of the first lots as you enter Deer Run! access to Palm Bay, Melbourne, Grant / Valkaria, the beaches and Orlando Attractions!
Sep 26, 2017 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 142,877
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: DEER RUN
  • Land Acres: 0000003280
  • Standard Land Use Code: 8010
  • County Land Use Code: 0010
  • Legal Description 1: DEER RUN LOT 2 BLK B

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071354

Zoning

  • Zoning: AU

Geography

  • Assessors Map Reference: 464G
  • Account Number: 3000785
  • Parcel: 30-37-16-MF-0000B.0-0002.00
  • Block: B
  • Lot: 2
  • Meridian: SEC 16 TWN 30S RNG 37E
  • Municipality: UNINCORP DISTRICT 5
  • Latitude: 27.8711
  • Longitude: -80.6265

    Address

  • Full Address: 116 Deer Run Rd
  • Address - House Number: 116
  • Address - Street Name: Deer Run
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palm Bay
  • Carrier Code: R043
  • 4-Digit Zip Code: 1100
  • Zip Code: 32909

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $97,218
  • Tax Rate Code Area: 5300

    Market Valuation

  • Market Total Value: $114,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $114,800

    Sales

  • Current Sale Contract Date: Sep 21, 2017
  • Current Sale Recording Date: Sep 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017198196
  • Previous Sale Recording Date: Sep 18, 2014
  • Previous Sale Contract Date: Sep 08, 2014
  • Previous Sale Amount: $24,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Deer Run

Stats & Trends

Median Asking:

$882,000

Sale Price/ft²

$322

Below Asking

0.02%

Average Days on Market

133

Average Home Size

3008 ft²

Average Home Age

8.8 years

Currently For Sale

4 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 9235 Babcock Street Se, Palm Bay, FL, 32909

$6,000 /mo

  • 6 Beds
  • 6 Baths
  • 7,302 ft²
9235 Babcock Street Se, Palm Bay, FL, 32909 Listing by Mary Roman

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Claes R. Carlsson, RE/MAX Alternative Realty
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 769953
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.

Frequently Asked Questions

When was property at 116 Deer Run Road built and last sold?
The property at 116 Deer Run Road was built in and last sold on Sep 21, 2017 for $47,500.
How much is this home worth?
The estimated value of the home located at 116 Deer Run Road is $110,572.
What are some comparable homes to 116 Deer Run Road?
There are currently no comparable homes to 116 Deer Run Road.
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