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Edgewater 32141 Florida Shores
2514 Sabal Palm DRIVE
$297,200
● House - Off Market

2514 Sabal Palm DRIVE

EDGEWATER, FL 32141
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,485 Ft²
$1,597
Est. Monthly
8.26%
Cap Rate

About This Property

Welcome home to your dream Florida home with NO HOA! This charming home with skylights offers a split-plan, spacious three bedrooms and two full bathrooms. Located in the Florida Shores subdivision on an oversized lot, providing ample space for comfortable living. Newer water heater, A/C unit, and roof. Enjoy the serene outdoors moments away from parks, beaches, shopping, dining, and recreational amenities (Whistle Stop Park is just down the street). This home offers the perfect blend of tranquility and convenience. Whether you're a seasoned investor or a discerning homeowner, don't miss out on the opportunity to make this Florida home yours; this home needs your personal touch to make it yours.
Unit Size
1,485 Ft²
Days on Market
56 days
Land Size
0.23 acres
Price per sqft
$215
Property Type
House
Property Taxes
$30
HOA Dues
-
Year Built
1995

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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: 2 years ago (Stellar MLS #NS1082256)

Price History

Date / Event Date Event Price
Sep 26, 2024 Sold
Premium
Sold
Sep 5, 2024 In contract -
In contract
Aug 1, 2024 Listed by KINCAID REALTY $318,975
Listed by KINCAID REALTY
Jul 1, 1998 Sold
Premium
Sold
Nov 1, 1995 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,985
  • Gross Building Area: 1,985
  • Building Area: 1,485
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,485
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FLORIDA SHORES
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOTS 9201 & 9202 BLK 298 FLORIDA SHORES NO 10 MB 23 PG 147 PER OR 4321 PGS 2577-2578

Neighborhood

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

Zoning

  • Zoning: 07R2B

Geography

  • Assessors Map Reference: E2-0041-03
  • Account Number: 3939522
  • Subdivision Tract Number: 01
  • Parcel: 8402-01-09-2010
  • Block: 298
  • Lot: 9201
  • Meridian: SEC 02 TWN 18S RNG 34E
  • Municipality: EDGEWATER
  • Latitude: 28.9531
  • Longitude: -80.9069

    Address

  • Full Address: 2514 Sabal Palm Dr
  • Address - House Number: 2514
  • Address - Street Name: Sabal Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Edgewater
  • Carrier Code: R011
  • 4-Digit Zip Code: 4916
  • Zip Code: 32141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $36,329
  • Tax Rate Code Area: 604

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 319,589
  • High Value: 382,408
  • Low Value: 256,771

    Market Valuation

  • Market Total Value: $251,719
  • Market Land Value: $42,000
  • Market Improvement Value: $209,719

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,333

    Exemptions

  • Senior Citizen Exemption : Yes
  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 1998
  • Current Sale Recording Date: Jul 01, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 01, 1995
  • Previous Sale Contract Date: Oct 23, 1995
  • Previous Sale Amount: $81,000
  • 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 Florida Shores

Stats & Trends

Median Asking:

$299,999

Sale Price/ft²

$203

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1644 ft²

Average Home Age

35.8 years

Currently For Sale

75 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

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STELLAR

Listed by: Luz Rodriguez
KINCAID REALTY
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# NS1082256
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 2514 Sabal Palm Drive built and last sold?
The property at 2514 Sabal Palm Drive was built in 1995 and last sold on Jun 29, 1998 for $85,000.
How much is this home worth?
The estimated value of the home located at 2514 Sabal Palm Drive is $0.
What are some comparable homes to 2514 Sabal Palm Drive?
There are currently no comparable homes to 2514 Sabal Palm Drive.
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