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Atlantic Beach 32233 Atlantic Beach
309 ROYAL PALMS Drive
$133,000
● House - Off Market

309 ROYAL PALMS Drive

Atlantic Beach, FL 32233
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,026 Ft²
$272,682
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

Large corner lot Atlantic Beach ranch home, just minutes from local beaches. Some TLC will go along way this  property! Spacious living room area with galley style kitchen. All three bedrooms located next to each other. Fenced backyard with tons of space! Property will require a new roof. Bring your buyer today!This is a Fannie Mae Homepath property. Purchase property for little as 3% down!Property is approved for HomePath Renovation Mortgage Financing. During first 15 days only offers from public entities/owner occ will be considered.See ''private remarks''.
Unit Size
1,026 Ft²
Days on Market
-
Land Size
-
Price per sqft
$136
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961

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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 (Real MLS #667243)

Price History

Date / Event Date Event Price
Jan 28, 2021 Sold
Premium
Sold
Dec 9, 2020 Listed by FULL HOUSE REALTY $340,000
Listed by FULL HOUSE REALTY
Aug 8, 2013 Sold
Premium
Sold
May 23, 2013 Listed by FULL HOUSE REALTY $139,900
Listed by FULL HOUSE REALTY

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 198
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,392
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 930
  • Total Building Area: 1,358
  • Gross Building Area: 1,358
  • Building Area: 1,026
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,026
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROYAL PALMS UNIT 02A
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 31-1 17-2S-29E ROYAL PALMS UNIT 2 A LOT 11 BLK 15

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 013902

Zoning

  • Zoning: ARS-1

Geography

  • Assessors Map Reference: 9417
  • Parcel: 171351-0000
  • Block: 15
  • Lot: 11
  • Meridian: SEC 17 TWN 02S RNG 29E
  • Municipality: CITY OF ATLANTIC BEACH
  • Latitude: 30.3271
  • Longitude: -81.4101

    Address

  • Full Address: 309 Royal Palms Dr
  • Legal Unit: 2
  • Address - House Number: 309
  • Address - Street Name: Royal Palms
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Atlantic Beach
  • Carrier Code: C035
  • 4-Digit Zip Code: 3943
  • Zip Code: 32233

Valuation

    Tax

  • Total Area: 1,110
  • Tax Year: 2022
  • Tax Amount: $425,567
  • Tax Rate Code Area: USD3

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 70
  • Final Value: 445,554
  • High Value: 540,554
  • Low Value: 350,554

    Market Valuation

  • Market Total Value: $294,526
  • Market Land Value: $175,000
  • Market Improvement Value: $119,526

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $294,526
  • Assessed Land Value: $175,000
  • Assessed Improvements Value: $119,526

    Sales

  • Current Sale Contract Date: Jan 22, 2021
  • Current Sale Recording Date: Jan 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021025255
  • Previous Sale Recording Date: Aug 08, 2013
  • Previous Sale Contract Date: Jul 24, 2013
  • Previous Sale Amount: $133,000
  • Previous Sale Document Type: 68
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 Beaches

Stats & Trends

Median Asking:

$729,000

Sale Price/ft²

$445

Below Asking

0.02%

Average Days on Market

59

Average Home Size

1966 ft²

Average Home Age

35.7 years

Currently For Sale

374 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 524 17th Avenue N, Jacksonville Beach, FL, 32250

$2,745 /mo

  • 3 Beds
  • 2 Baths
  • 1,410 ft²
524 17th Avenue N, Jacksonville Beach, FL, 32250 Listing by JASON WOJCIK
Unit for rent at 511 Camelia Street, Atlantic Beach, FL, 32233

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,144 ft²
511 Camelia Street, Atlantic Beach, FL, 32233 Listing by JON HURM
Unit for rent at 2132 Bay Road, Neptune Beach, FL, 32266

$2,495 /mo

  • 2 Beds
  • 1 Bath
  • 1,321 ft²
2132 Bay Road, Neptune Beach, FL, 32266 Listing by TERESA HARRIS

Rentals Near You

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

Listed by: ROBERT PELLETIER, FULL HOUSE REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 667243
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 309 Royal Palms Drive built and last sold?
The property at 309 Royal Palms Drive was built in 1961 and last sold on Jan 22, 2021 for $350,500.
How much is this home worth?
The estimated value of the home located at 309 Royal Palms Drive is $340,723.
What are some comparable homes to 309 Royal Palms Drive?
There are currently no comparable homes to 309 Royal Palms Drive.
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