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Edgewater 32141 Florida Shores
2909 UMBRELLA TREE Drive
$212,500
● House - Off Market

2909 UMBRELLA TREE Drive

Edgewater, FL 32141
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$235,981
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

This is not a flood house .This house is currently rented out . Must be seen by appointment only . Cash buyers only . House has new roof needs drywall work and flooring inside.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$153
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1990

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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 (Real MLS #1214600)

Price History

Date / Event Date Event Price
Jul 7, 2023 Sold
Premium
Sold
Jun 3, 2023 No longer available -
No longer available
May 19, 2023 Listed by JACK KELLER INC $319,900
Listed by JACK KELLER INC
Mar 24, 2023 Sold
Premium
Sold
Feb 27, 2023 Listed by JACK KELLER INC $229,000
Listed by JACK KELLER INC
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1991
  • 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: 17
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • 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: 448
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,947
  • Gross Building Area: 1,947
  • Building Area: 1,499
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,499
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FLORIDA SHORES
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOTS 12790 & 12791 EXC E 25 FT BLK 412 FLORIDA SHORES NO 19 MB 19 PG 239 PER OR 4098 PG 3191 PER OR 8007 PG 3536 PER OR 8384 PG 3714 PER OR 8429 PG 3109

Neighborhood

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

Zoning

  • Zoning: 07R2B

Geography

  • Assessors Map Reference: E2-0041-10
  • Account Number: 3953525
  • Subdivision Tract Number: 01
  • Parcel: 8402-01-12-7900
  • Block: 412
  • Lot: 12790
  • Meridian: SEC 02 TWN 18S RNG 34E
  • Municipality: EDGEWATER
  • Latitude: 28.9458
  • Longitude: -80.9051

    Address

  • Full Address: 2909 Umbrella Tree Dr
  • Address - House Number: 2909
  • Address - Street Name: Umbrella Tree
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Edgewater
  • Carrier Code: R011
  • 4-Digit Zip Code: 5627
  • Zip Code: 32141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $448,370
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 604

    Appraisal Valuation

  • Standard Deviation: 0.2022
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 318,869
  • High Value: 383,359
  • Low Value: 254,379

    Market Valuation

  • Market Total Value: $241,055
  • Market Land Value: $38,640
  • Market Improvement Value: $202,415

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,055
  • Assessed Land Value: $38,640
  • Assessed Improvements Value: $202,415

    Sales

  • Current Sale Contract Date: Jul 05, 2023
  • Current Sale Recording Date: Jul 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 137704
  • Previous Sale Recording Date: Mar 24, 2023
  • Previous Sale Contract Date: Mar 24, 2023
  • Previous Sale Amount: $212,500
  • 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 410 Central Mariners Drive, EDGEWATER, FL, 32141

$2,400 /mo

  • 4 Beds
  • 2 Baths
  • 2,242 ft²
410 Central Mariners Drive, EDGEWATER, FL, 32141 Listing by Amanda Brown

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: JOHN E KELLER, JR, JACK KELLER INC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1214600
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. Data is deemed reliable but is not guaranteed accurate by NEFMLS. 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 2909 Umbrella Tree Drive built and last sold?
The property at 2909 Umbrella Tree Drive was built in 1990 and last sold on Jul 5, 2023 for $300,000.
How much is this home worth?
The estimated value of the home located at 2909 Umbrella Tree Drive is $317,646.
What are some comparable homes to 2909 Umbrella Tree Drive?
There are currently no comparable homes to 2909 Umbrella Tree Drive.
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