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Flagler 32136
3073 N Ocean Shore BOULEVARD
$901,000
● House - Off Market

3073 N Ocean Shore BOULEVARD

FLAGLER BEACH, FL 32136
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,880 Ft²
$5,533
Est. Monthly
1.45%
Cap Rate

About This Property

Oceanfront home that has been vacant for almost two years and needs to be totally redone.
Unit Size
2,880 Ft²
Days on Market
3 days
Land Size
0.41 acres
Price per sqft
$313
Property Type
House
Property Taxes
$1,113
HOA Dues
-
Year Built
1997

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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 #FC303517)

Price History

Date / Event Date Event Price
Sep 2, 2024 Sold
Premium
Sold
Aug 30, 2024 Listed by COASTAL GATEWAY REAL ESTATE GROUP $900,000
Listed by COASTAL GATEWAY REAL ESTATE GROUP

Property Highlights

Elevator
Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,664
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 6,480
  • Gross Building Area: 6,480
  • Building Area: 2,880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,880
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GOLDEN BEACH SUBD
  • Land Acres: 0000000406
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: GOLDEN BEACH SUBD LOT 6 MAP BK 29 PG 32 OR 448 PG 55 OR 466 PG 01 OR 523/1052 OR 1765/328- CHERRY ANN GELSINGER PR OR 1784/19-OD

Neighborhood

  • School District Name: Flagler County School District
  • Census Tract: 060303

Zoning

  • Zoning: R-1B

Geography

  • Parcel: 23-11-31-2925-00000-0060
  • Lot: 6
  • Meridian: SEC 23 TWN 11S RNG 31E
  • Municipality: UNINCORPORATED
  • Latitude: 29.5315
  • Longitude: -81.1525

    Address

  • Full Address: 3073 N Ocean Shore Blvd
  • Address - House Number: 3073
  • Street Direction: N
  • Address - Street Name: Ocean Shore
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Flagler Beach
  • Carrier Code: H004
  • 4-Digit Zip Code: 2748
  • Zip Code: 32136

Valuation

    Tax

  • Total Area: 6,480
  • Tax Year: 2022
  • Tax Amount: $629,812
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 1,102,675
  • High Value: 1,270,428
  • Low Value: 934,922

    Market Valuation

  • Market Total Value: $889,128
  • Market Land Value: $490,000
  • Market Improvement Value: $399,128

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $456,869

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes
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 Flagler

Stats & Trends

Median Asking:

$379,900

Sale Price/ft²

$201

Below Asking

0.03%

Average Days on Market

90

Average Home Size

2048 ft²

Average Home Age

14.9 years

Currently For Sale

1544 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

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Janet Salam
COASTAL GATEWAY REAL ESTATE GROUP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC303517
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 3073 North Ocean Shore Boulevard built and last sold?
The property at 3073 North Ocean Shore Boulevard was built in 1997 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3073 North Ocean Shore Boulevard is $893,214.
What are some comparable homes to 3073 North Ocean Shore Boulevard?
There are currently no comparable homes to 3073 North Ocean Shore Boulevard.
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