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Fleming Island 32003
1957 SALT MYRTLE Lane
$770,000
● House - Off Market

1957 SALT MYRTLE Lane

Fleming Island, FL 32003
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,138 Ft²
$1,284,197
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Breath taking views of Doctors Lake from about every room. HUGE screened patio designed for entertaining with a large custom built-in hot tub just 3 steps down from patio. Take a picturesque short walk to the quaint sitting area near the dock with great lake view. This home is located in one of Fleming Islands most distinguished and beautiful neighborhoods with two community pools, tennis courts, club house, with kitchen for parties and a dock on the lake. Extremely well maintained and loved home by original owners. Bose surround sound system negociable.
Unit Size
3,138 Ft²
Days on Market
-
Land Size
-
Price per sqft
$255
Property Type
House
Property Taxes
-
HOA Dues
$125
Year Built
1990

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (Real MLS #877926)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Jun 16, 2017 Sold
Premium
Sold
Apr 20, 2017 Listed by WATSON REALTY CORP $799,900
Listed by WATSON REALTY CORP

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 645
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 24,350
  • Lot Size Depth Feet: 2,030
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 4,423
  • Gross Building Area: 4,423
  • Building Area: 3,138
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,138
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PACE ISLAND UNIT 5
  • Land Acres: 0000000559
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 1 PACE ISLAND UNIT 5 AS REC OR 3984 PG 560, 4343 PG 632 & 4602 PG 1078

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 030705

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 1404-D1
  • Parcel: 28-04-26-013153-003-42
  • Block: TR
  • Lot: 1
  • Meridian: SEC 28 TWN 04S RNG 26E
  • Municipality: UNINCORPORATED
  • Latitude: 30.1277
  • Longitude: -81.7194

    Address

  • Full Address: 1957 Salt Myrtle Ln
  • Legal Unit: 5
  • Address - House Number: 1957
  • Address - Street Name: Salt Myrtle
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Fleming Island
  • Carrier Code: R015
  • 4-Digit Zip Code: 7064
  • Zip Code: 32003

Valuation

    Tax

  • Total Area: 4,423
  • Tax Year: 2022
  • Tax Amount: $1,085,468
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 79
  • Final Value: 813,492
  • High Value: 948,008
  • Low Value: 678,976

    Market Valuation

  • Market Total Value: $751,231
  • Market Land Value: $475,001
  • Market Improvement Value: $276,230

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $738,942

    Sales

  • Current Sale Contract Date: Apr 23, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 27658
  • Previous Sale Recording Date: Jun 16, 2017
  • Previous Sale Contract Date: Jun 02, 2017
  • Previous Sale Amount: $770,000
  • 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 Fleming Island

Stats & Trends

Median Asking:

$464,000

Sale Price/ft²

$214

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2324 ft²

Average Home Age

23.5 years

Currently For Sale

132 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 1976 Harbor Island Drive, Fleming Island, FL, 32003

$2,040 /mo

  • 4 Beds
  • 2 Baths
  • 1,770 ft²
1976 Harbor Island Drive, Fleming Island, FL, 32003 Listing by KRISTINA BRUCE

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: MIKE DARBY, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 877926
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. Data is deemed reliable but is not guaranteed accurate by NEFMLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1957 Salt Myrtle Lane built and last sold?
The property at 1957 Salt Myrtle Lane was built in 1990 and last sold on Apr 23, 2022 for $261,873.
How much is this home worth?
The estimated value of the home located at 1957 Salt Myrtle Lane is $0.
What are some comparable homes to 1957 Salt Myrtle Lane?
There are currently no comparable homes to 1957 Salt Myrtle Lane.
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