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Edgewater 32141 Florida Shores
2414 India Palm DRIVE
$75,000
● Land - Off Market

2414 India Palm DRIVE

EDGEWATER, FL 32141
bedrooms
Studio
bathrooms
0 Bath
$424
Est. Monthly
19.11%
Cap Rate

About This Property

Perfectly situated off US1 and SR442 in Edgewater Florida, this 80 x 125 lot is ready to be built on!  This property offers R-4 zoning which allows for single-family, duplexes, and multifamily dwellings.  There is NO HOA and you are just minutes from every convenience - including shopping, dining, and the beach!  Enjoy easy access to major roadways including US1 and I-95.  Call today for more info and make this large lot in the heart of Edgewater yours!
Unit Size
-
Days on Market
16 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$56
HOA Dues
-
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 (Stellar MLS #NS1081942)

Price History

Date / Event Date Event Price
Jul 12, 2024 Sold
Premium
Sold
Jun 26, 2024 Listed by FLORIDA LIFE REAL ESTATE GROUP $75,000
Listed by FLORIDA LIFE REAL ESTATE GROUP
Feb 15, 1977 Sold
Premium
Sold

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

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • 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: FLORIDA SHORES
  • Land Acres: 0000000230
  • Standard Land Use Code: 8001
  • County Land Use Code: 0008
  • State Land Use Code: 00
  • Legal Description 1: LOTS 7076 & 7077 BLK 230 FLORIDA SHORES UNIT 7 MB 23 PG 131 PER OR 1886 PG 0144 PER OR 6363 PG 0992 PER OR 6363 PGS 0993-0995 INC PER OR 8123 PG 2056

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 083006

Zoning

  • Zoning: 07R4

Geography

  • Assessors Map Reference: E2-0041-02
  • Account Number: 3931271
  • Subdivision Tract Number: 01
  • Parcel: 8402-01-07-0760
  • Block: 230
  • Lot: 7076
  • Meridian: SEC 02 TWN 18S RNG 34E
  • Municipality: EDGEWATER
  • Latitude: 28.9579
  • Longitude: -80.8988

    Address

  • Full Address: 2414 India Palm Dr
  • Legal Unit: 7
  • Address - House Number: 2414
  • Address - Street Name: India Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Edgewater
  • Carrier Code: R014
  • 4-Digit Zip Code: 5006
  • Zip Code: 32141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $66,788
  • Tax Rate Code Area: 604

    Market Valuation

  • Market Total Value: $36,000
  • Market Land Value: $36,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $36,000

    Sales

  • Current Sale Contract Date: Feb 15, 1977
  • Current Sale Recording Date: Feb 15, 1977
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 Florida Shores

Stats & Trends

Median Asking:

$299,990

Sale Price/ft²

$202

Below Asking

0.03%

Average Days on Market

61

Average Home Size

1649 ft²

Average Home Age

35.8 years

Currently For Sale

73 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

Rentals Near You

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STELLAR

Listed by: Sarah Caudill
FLORIDA LIFE REAL ESTATE GROUP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# NS1081942
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. 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 2414 India Palm Drive built and last sold?
The property at 2414 India Palm Drive was built in and last sold on Feb 15, 1977 for $3,000.
How much is this home worth?
The estimated value of the home located at 2414 India Palm Drive is $0.
What are some comparable homes to 2414 India Palm Drive?
There are currently no comparable homes to 2414 India Palm Drive.
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