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Edgewater 32141 Florida Shores
3030 Royal Palm DRIVE
$345,000
● House - Off Market

3030 Royal Palm DRIVE

EDGEWATER, FL 32141
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,728 Ft²
$356,700
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

CHARMING CUSTOM HOME IN DESIREABLE NSB South-EDGEWATER AREA IN FLORIDA SHORES COMMUNITY. Minutes to World Famous New Smyrna Beach and all coastal amenities. Move-in Ready. This 3/2 is on an oversized lot with an ultra-large screened porch and a huge backyard. NEW ROOF (2022)!! Freshly painted, oversized garage and driveway. Close to schools & shopping. THIS HOME WILL NOT LAST LONG IN THIS MARKET! ;Water: City
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$200
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988

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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 #NS1068920)

Price History

Date / Event Date Event Price
Aug 25, 2022 No longer available -
No longer available
Aug 24, 2022 Sold
Premium
Sold
Aug 6, 2022 No longer available -
No longer available
Aug 6, 2022 In contract -
In contract
Jul 23, 2022 Price Decreased $345,000
↓ $15K (4.1%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • 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: 440
  • Parking Space Count: 2
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,252
  • Gross Building Area: 2,252
  • Building Area: 1,812
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,812
  • 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 12452 & 12453 BLK 405 FLORIDA SHORES NO 19 MB 19 PG 239 PER OR 4993 PG 0984 PER OR 8302 PG 4247

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 083007

Zoning

  • Zoning: 07R2B

Geography

  • Assessors Map Reference: E2-0041-10
  • Account Number: 3952138
  • Subdivision Tract Number: 01
  • Parcel: 8402-01-12-4520
  • Block: 405
  • Lot: 12452
  • Meridian: SEC 02 TWN 18S RNG 34E
  • Municipality: EDGEWATER
  • Latitude: 28.9428
  • Longitude: -80.9014

    Address

  • Full Address: 3030 Royal Palm Dr
  • Address - House Number: 3030
  • Address - Street Name: Royal Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Edgewater
  • Carrier Code: R008
  • 4-Digit Zip Code: 6113
  • Zip Code: 32141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $530,758
  • Tax Rate Code Area: 604

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 369,050
  • High Value: 439,645
  • Low Value: 298,455

    Market Valuation

  • Market Total Value: $278,909
  • Market Land Value: $42,000
  • Market Improvement Value: $236,909

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,909
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $236,909

    Sales

  • Current Sale Contract Date: Aug 23, 2022
  • Current Sale Recording Date: Aug 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 198942
  • Previous Sale Recording Date: Jan 03, 2003
  • Previous Sale Contract Date: Dec 31, 2002
  • Previous Sale Amount: $119,000
  • 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:

$299,900

Sale Price/ft²

$202

Below Asking

0.02%

Average Days on Market

62

Average Home Size

1647 ft²

Average Home Age

36 years

Currently For Sale

62 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
Unit for rent at 2711 Silver Canoe Drive, EDGEWATER, FL, 32141

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,840 ft²
2711 Silver Canoe Drive, EDGEWATER, FL, 32141 Listing by Alessio Ceci

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Rusty Burrell
COLDWELL BANKER ENVISION RE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# NS1068920
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 3030 Royal Palm Drive built and last sold?
The property at 3030 Royal Palm Drive was built in 1988 and last sold on Aug 23, 2022 for $345,000.
How much is this home worth?
The estimated value of the home located at 3030 Royal Palm Drive is $338,591.
What are some comparable homes to 3030 Royal Palm Drive?
There are currently no comparable homes to 3030 Royal Palm Drive.
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