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Palm Coast 32164 Lehigh Woods
23 Riveria Estates Drive
$243,670
● House - Off Market

23 Riveria Estates Drive

Palm Coast, FL 32164
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,025 Ft²
$410,972
RealtyHop Estimate
68.66%
Since Sep 1, 2006
National-US
Primary Model

About This Property

This 5 bedroom/3 1/2 bath home is built by DR Horton in Leigh Wood of Palm Coast.
Unit Size
3,025 Ft²
Days on Market
-
Land Size
-
Price per sqft
$81
Property Type
House
Property Taxes
-
HOA Dues
$20
Year Built
2006

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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 (Real MLS #313568)

Price History

Date / Event Date Event Price
Jul 28, 2023 No longer available -
No longer available
Jul 27, 2023 Sold
Premium
Sold
Jun 2, 2023 Price Decreased $409,000
↓ $21K (4.9%)
Price Decreased
May 13, 2023 Price Decreased $430,000
↓ $19K (4.2%)
Price Decreased
May 2, 2023 Listed by DISTINGUISHED DEVELOPMENT CO INC. $449,000
Listed by DISTINGUISHED DEVELOPMENT CO INC.
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,017
  • Total Building Area: 3,590
  • Gross Building Area: 3,590
  • Building Area: 3,062
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,062
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVIERA ESTATES
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: RIVIERA ESTATES MB 35 PG 30 LOT 55 OR 1487 PG 1755 OR 2031/508 OR 2052/1612

Neighborhood

  • School District Name: Flagler County School District
  • Census Tract: 060214

Geography

  • Parcel: 07-11-31-5531-00000-0550
  • Lot: 55
  • Meridian: SEC 07 TWN 11S RNG 31E
  • Municipality: CITY OF PALM COAST
  • Latitude: 29.5086
  • Longitude: -81.2449

    Address

  • Full Address: 23 Riviera Estates Dr
  • Address - House Number: 23
  • Address - Street Name: Riviera Estates
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palm Coast
  • Carrier Code: R052
  • 4-Digit Zip Code: 6569
  • Zip Code: 32164

Valuation

    Tax

  • Total Area: 3,590
  • Tax Year: 2022
  • Tax Amount: $236,876
  • Tax Rate Code Area: 061

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 470,570
  • High Value: 542,159
  • Low Value: 398,981

    Market Valuation

  • Market Total Value: $345,914
  • Market Land Value: $56,000
  • Market Improvement Value: $289,914

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $167,195

    Sales

  • Current Sale Contract Date: Jul 25, 2023
  • Current Sale Recording Date: Jul 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 32616
  • Previous Sale Recording Date: Mar 12, 2015
  • Previous Sale Contract Date: Feb 27, 2015
  • Previous Sale Amount: $184,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Lehigh Woods

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$186

Below Asking

0.02%

Average Days on Market

86

Average Home Size

1922 ft²

Average Home Age

10.3 years

Currently For Sale

117 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 39 Woodhollow Lane, PALM COAST, FL, 32164

$2,995 /mo

  • 4 Beds
  • 3 Baths
  • 2,597 ft²
39 Woodhollow Lane, PALM COAST, FL, 32164 Listing by Geri Westfall Adams

Rentals Near You

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

Listed by: JOY P GREEN, DISTINGUISHED DEVELOPMENT CO INC.
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 313568
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 23 Riviera Estates Drive built and last sold?
The property at 23 Riviera Estates Drive was built in 2006 and last sold on Jul 25, 2023 for $415,000.
How much is this home worth?
The estimated value of the home located at 23 Riviera Estates Drive is $0.
What are some comparable homes to 23 Riviera Estates Drive?
There are currently no comparable homes to 23 Riviera Estates Drive.
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