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Brevard 32951 Crystal Lakes
265 Riggs Avenue
$242,000
● House - Off Market

265 Riggs Avenue

Melbourne Beach, FL 32951
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,628 Ft²
$524,379
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model

About This Property

CUSTOM POOL home located in Crystal Lakes Community! Beautiful tile, tumbled marble and granite accents thorough out this home. This jewel features Metal Roof, new in 2006, fabulous kitchen cabinets, open floor plan and family room, easily converted to 4th bedroom. Partially fenced, transferable termite bond, storm shutters AND HIGH IMPACT WINDOWS! With just a little TLC, this Florida gem could be yours! If you are looking for South Beaches, then don't miss this opportunity.
Unit Size
1,628 Ft²
Days on Market
35 days
Land Size
0.26 acres
Price per sqft
$165
Property Type
House
Property Taxes
$174
HOA Dues
$3
Year Built
1989

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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: 6 months ago (Space Coast MLS #681811)

Price History

Date / Event Date Event Price
Apr 29, 2021 Sold
Premium
Sold
Apr 20, 2021 Listed by RE/MAX Aerospace Realty $425,000
Listed by RE/MAX Aerospace Realty
Dec 11, 2013 Sold
Premium
Sold
Nov 4, 2013 Listed by RE/MAX Aerospace Realty $269,000
Listed by RE/MAX Aerospace Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2005
  • 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: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 35
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,454
  • Gross Building Area: 2,454
  • Building Area: 1,628
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,628
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRYSTAL LAKES SUBD
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CRYSTAL LAKES SUBD LOT 6 BLK D

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066104

Zoning

  • Zoning: RU113

Geography

  • Assessors Map Reference: 396
  • Account Number: 2953233
  • Parcel: 29-38-03-50-0000D.0-0006.00
  • Block: D
  • Lot: 6
  • Meridian: SEC 03 TWN 29S RNG 38E
  • Municipality: UNINCORP DISTRICT 3
  • Latitude: 27.985
  • Longitude: -80.5199

    Address

  • Full Address: 265 Riggs Ave
  • Address - House Number: 265
  • Address - Street Name: Riggs
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Melbourne Beach
  • Carrier Code: R084
  • 4-Digit Zip Code: 3220
  • Zip Code: 32951

Valuation

    Tax

  • Total Area: 2,025
  • Tax Year: 2022
  • Tax Amount: $553,444
  • Tax Rate Code Area: 3400

    Appraisal Valuation

  • Standard Deviation: 0.0843
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 93
  • Final Value: 873,884
  • High Value: 947,636
  • Low Value: 800,133

    Market Valuation

  • Market Total Value: $460,520

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $460,520

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 21, 2021
  • Current Sale Recording Date: Apr 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021110321
  • Previous Sale Recording Date: May 23, 2016
  • Previous Sale Contract Date: May 23, 2016
  • Previous Sale Document Type: 55
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 Crystal Lakes

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

1831 ft²

Average Home Age

35 years

Currently For Sale

1 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 112 Casseekee Trail, Melbourne Beach, FL, 32951

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,350 ft²
112 Casseekee Trail #2112, Melbourne Beach, FL, 32951 Listing by Laura L Dowling Roy PA

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Karen Kuta, RE/MAX Aerospace Realty
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 681811
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.

Frequently Asked Questions

When was property at 265 Riggs Avenue built and last sold?
The property at 265 Riggs Avenue was built in 1989 and last sold on Apr 21, 2021 for $425,000.
How much is this home worth?
The estimated value of the home located at 265 Riggs Avenue is $0.
What are some comparable homes to 265 Riggs Avenue?
There are currently no comparable homes to 265 Riggs Avenue.
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