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Edgewater 32141 Florida Shores
2803 Victory Palm DRIVE
$329,500
● House - Off Market

2803 Victory Palm DRIVE

EDGEWATER, FL 32141
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$407,001
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

3D Walkthrough tour available! Meticulous home centrally located in the Edgewater community. Modern open floor plan with vaulted ceilings. Well-appointed kitchen with stainless steel appliances and quiet close cabinets. Glass sliders open to the covered lanai. Large fenced double lot with space for boat or RV parking. This home is the perfect opportunity to live close to everything Edgewater has to offer. Park-like backyard setting. An amazing find, tucked into a street just minutes from everything.
Unit Size
1,800 Ft²
Days on Market
32 days
Land Size
0.34 acres
Price per sqft
$203
Property Type
House
Property Taxes
$54
HOA Dues
-
Year Built
2021

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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 #O5975775)

Price History

Date / Event Date Event Price
Nov 16, 2021 Sold
Premium
Sold
Oct 6, 2021 No longer available -
No longer available
Oct 1, 2021 Listed by REDFIN CORPORATION $365,000
Listed by REDFIN CORPORATION
Feb 4, 2021 Sold
Premium
Sold
Sep 9, 2020 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Cover: 16
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,384
  • Gross Building Area: 2,384
  • Building Area: 1,943
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,943
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FLORIDA SHORES
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 00
  • Legal Description 1: LOTS 12952 TO 12954 INC BLK 416 FLORIDA SHORES NO 20 MB 19 PG 240 PER OR 4337 PG 0963 PER OR 5578 PG 0711 PER OR 7753 PG 1268 PER OR 7984 PG 4202 PER OR 8155 PG 4604

Neighborhood

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

Zoning

  • Zoning: 07R2B

Geography

  • Assessors Map Reference: E2-0041-10
  • Account Number: 3954220
  • Subdivision Tract Number: 01
  • Parcel: 8402-01-12-9520
  • Block: 416
  • Lot: 12952
  • Meridian: SEC 02 TWN 18S RNG 34E
  • Municipality: EDGEWATER
  • Latitude: 28.9475
  • Longitude: -80.9068

    Address

  • Full Address: 2803 Victory Palm Dr
  • Address - House Number: 2803
  • Address - Street Name: Victory Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Edgewater
  • Carrier Code: R011
  • 4-Digit Zip Code: 5628
  • Zip Code: 32141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $480,108
  • Tax Rate Code Area: 604

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 409,020
  • High Value: 479,597
  • Low Value: 338,443

    Market Valuation

  • Market Total Value: $332,585
  • Market Land Value: $63,000
  • Market Improvement Value: $269,585

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,866

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Nov 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-275238
  • Previous Sale Recording Date: Feb 04, 2021
  • Previous Sale Contract Date: Jan 27, 2021
  • Previous Sale Amount: $289,900
  • 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

$202

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1640 ft²

Average Home Age

35.8 years

Currently For Sale

76 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 408 Northstar Lane, EDGEWATER, FL, 32141

$2,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,476 ft²
408 Northstar Lane, EDGEWATER, FL, 32141 Listing by Michael Norton

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Shellie Silva
REDFIN CORPORATION
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O5975775
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 2803 Victory Palm Drive built and last sold?
The property at 2803 Victory Palm Drive was built in 2021 and last sold on Nov 2, 2021 for $329,500.
How much is this home worth?
The estimated value of the home located at 2803 Victory Palm Drive is $0.
What are some comparable homes to 2803 Victory Palm Drive?
There are currently no comparable homes to 2803 Victory Palm Drive.
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