$415,000
↓ $14K (3.3%)
●
House -
For Sale
162 Concha Drive
Sebastian, FL 32958
3 Beds
2 Baths
1,902 Ft²
$2,585
Est. Monthly
About This Property
Experience the perfect blend of waterfront tranquility and modern
efficiency. A meticulously maintained CBS-constructed home
built in 2002 on a quiet Sebastian canal. This residence features a
private dock and kayak launch within a fully vinyl-fenced backyard,
ideal for peaceful afternoons on the water. The interior shines
with luxury vinyl plank and tile flooring throughout, complemented
by elegant wainscoting and a gourmet kitchen with maple cabinets
and stainless steel appliances. New roof (2022), A/C (2021),
and fresh interior and exterior paint (2025). Most notably, the
newly installed solar system provides incredible energy efficiency
with utility bills as low as $25 per month, and the seller will pay
off the solar panels in full at closing. NEW quartz
countertops 2026.
Unit Size
1,902 Ft²
Days on Market
162 days
Land Size
0.23 acres
Price per sqft
$218
Property Type
House
Property Taxes
$547
HOA Dues
-
Year Built
2002
Listed By
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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: 4 months ago (Beaches MLS #B26019699)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 7, 2026 | Price Decreased |
$415,000
↓ $14K
(3.3%) | |
| Price Decreased | |||
| Apr 24, 2026 | Listed by Coldwell Banker Paradise | $429,000 | |
| Listed by Coldwell Banker Paradise | |||
| Jul 13, 2022 | Sold | ||
| Sold | |||
| May 31, 2022 | No longer available | - | |
| No longer available | |||
| May 23, 2022 | Listed by Coldwell Banker Paradise | $395,000 | |
| Listed by Coldwell Banker Paradise | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Boat, Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s), Bathtub, DualSinks, SplitBedrooms
Appliances: Dryer, Dishwasher, Oven, Refrigerator, Washer
Flooring Type: Tile, Vinyl
Laundry Features: Inside, Laundry Room
Exterior Details
Square Footage: 1902
Square Footage Source: $0
Property Condition: Resale
Year Built: 2002
Waterfront Features: Canal Access, Canal Front
Building Area Total: 1902
Levels: One
Other Structures: RV/Boat Storage
Construction Materials: Block, Stucco
Lot Features: LessThanQuarterAcre
Lot Size Area: 10018.8
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 10018.8
Water Source: Public
Financial Details
Tax Annual Amount: $6,567
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Sebastian
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Listed by: Francesca M Alger
Coldwell Banker Paradise
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# B26019699
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Coldwell Banker Paradise
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# B26019699
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