28
Map
$925,000
●
House -
Off Market
1204 S Riverside Drive
Indialantic, FL 32903
4 Beds
3 Baths
3,276 Ft²
$1,834,892
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model
About This Property
Located south of Fifth Avenue in Indialantic, this property is
exceptional in location and view. Situated on an estate sized lot,
the back yard angles to the north, with no direct sun in the
evening on back rooms and porches. Large great room with vaulted,
open beam ceiling, gorgeous coquina fireplace, spacious dining
area. Family room off kitchen with full bath. Covered porch
enclosed with full sliding glass doors that open to pool area.
Cabana by pool has full bath, summer kitchen and storage. The lot
next door is also for sale if you would like to expand your estate!
Unit Size
3,276 Ft²
Days on Market
419 days
Land Size
0.70 acres
Price per sqft
$302
Property Type
House
Property Taxes
$909
HOA Dues
-
Year Built
1953
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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: 5 months ago (Space Coast MLS #668049)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2023 | No longer available | - | |
| No longer available | |||
| Feb 1, 2023 | Price Decreased |
$2,499,000
↓ $201K
(7.4%) | |
| Price Decreased | |||
| Oct 7, 2022 | Listed by Keller Williams Realty Brevard | $2,700,000 | |
| Listed by Keller Williams Realty Brevard | |||
| | |||
|
Paradise awaits! Located along the Indian River, this house has all of the finishing touches made within the last 5 years to make you feel right at home. Exposed beam, tongue and groove vaulted ceilings, coral gas fireplace and family room, dining area, sunroom, playroom/living room and separate office. The kitchen features a double breakfast bar, walk in pantry, leathered granite countertops and Thermador Appliances Updated Electrical and Plumbing, Custom Blinds, Impact Windows and Doors.Enjoy outdoor entertaining with resurfaced swimming pool that has a unique 9ft deep end. Blaze Grill cabana kitchen with 2 Mini Fridges, ice maker, propane grill, cabinets and drawers. Cabana Full bathroom, Newer sea wall, Dock and Boat lift within the last 5 years. NEW ROOF Terminix Termite Bond and much more.....Contact Ginger for more info and list of updates! The manager has listed the unit size as 3550 square feet.
| |||
| Jul 8, 2014 | Sold | ||
| Sold | |||
| May 13, 2013 | Listed by BHHS Florida Realty | $989,000 | |
| Listed by BHHS Florida Realty | |||
Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Indialantic by The Sea
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Barbara C Wall, BHHS Florida Realty
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 668049
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: 5 months ago
Data Source: Space Coast MLS, MLS# 668049
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