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Malabar 32950
2685 Corey
$267,900
● House - Off Market

2685 Corey

Malabar, FL 32950
bedrooms
3 Beds
bathrooms
2 Baths
$602,568
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model

About This Property

Enjoy the peaceful summer breezes surround by natural Florida landscaping on 4.41 acres in desirable Malabar, Florida. This 3 bedroom 2 bath, heated salt water pool and 2 car garage, with 1820 sq ft of living space is the home for you. If you always wanted your own workshop look no further, this home feautres a detached 2 story workshop and garage combo. New Roof 2005. New A/C 2012. New Appliances. RV parking with electric and water available.
Unit Size
-
Days on Market
-
Land Size
4.41 acres
Price per sqft
-
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1983

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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: 3 years ago (Space Coast MLS #642237)

Price History

Date / Event Date Event Price
Jan 2, 2013 Sold
Premium
Sold
Jun 4, 2012 Listed by One Sotheby's International $279,900
Listed by One Sotheby's International

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • 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: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 520
  • Parking Space Count: 1
  • Patio Type: 38
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 192,100
  • Total Building Area: 2,502
  • Gross Building Area: 2,502
  • Building Area: 1,820
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,820
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FLORIDA INDIAN RIV LAND COMPAN
  • Land Acres: 0000004410
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: LOT 25 OF PB 1 PG 165 EXC N 1000 FT, E 25 FT & W 25 FT PAR 340

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 065231

Zoning

  • Zoning: RR65

Geography

  • Assessors Map Reference: 405
  • Account Number: 2931870
  • Parcel: 29-37-12-00-00287.0-0000.00
  • Block: 287
  • Lot: 25
  • Meridian: SEC 12 TWN 29S RNG 37E
  • Municipality: MALABAR
  • Latitude: 27.9803
  • Longitude: -80.5892

    Address

  • Full Address: 2685 Corey Rd
  • Address - House Number: 2685
  • Address - Street Name: Corey
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Malabar
  • Carrier Code: R002
  • 4-Digit Zip Code: 3840
  • Zip Code: 32950

Valuation

    Tax

  • Total Area: 2,173
  • Tax Year: 2022
  • Tax Amount: $282,019
  • Tax Rate Code Area: 34Z0

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 638,874
  • High Value: 754,470
  • Low Value: 523,277

    Market Valuation

  • Market Total Value: $479,460

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $218,720

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2012
  • Current Sale Recording Date: Jan 02, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013001111
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 Malabar

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$240

Below Asking

0.02%

Average Days on Market

75

Average Home Size

2875 ft²

Average Home Age

25.5 years

Currently For Sale

16 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 306 Harvey Avenue Ne, Palm Bay, FL, 32907

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,598 ft²
306 Harvey Avenue Ne, Palm Bay, FL, 32907 Listing by Tatiane Aponte

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Beth E Glover, One Sotheby's International
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 642237
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 2685 Corey Road built and last sold?
The property at 2685 Corey Road was built in 1983 and last sold on Dec 28, 2012 for $267,900.
How much is this home worth?
The estimated value of the home located at 2685 Corey Road is $0.
What are some comparable homes to 2685 Corey Road?
There are currently no comparable homes to 2685 Corey Road.
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