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Flagler 32137
31 ATLANTIC Drive
$549,000
● House - Off Market

31 ATLANTIC Drive

Palm Coast, FL 32137
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,024 Ft²
$818,296
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

**OPEN HOUSE SUNDAY 3/22 1-3 PM** VIRTUALLY NEW (2017) AND UTTERLY CAPTIVATING XL BEACH HOME! You'll say ''This is it!'' when you walk into the high-ceilinged kitchen and family room from the breezy terrace and pavered driveway.  And you'll love all the comforts of beach life including the OVERSIZED TWO-CAR GARAGE with 8'x10' DOORS which could fit a boat; the HURRICANE RATED windows; the outside RV hookup and electrical outlet hot tub ready; the TREX DECKING and stairs; and the cooled 520 sf BONUS ROOM ground floor storage which is in addition to the SPACIOUS 2024sf LIVING AREA.  Fully suited for year-round living and/or use as a vacation rental (there's no HOA...) Only a THREE MINUTE WALK TO THE BEACH and so much nearby - Bings Landing boat launch, Wash. Oaks State Park, Marineland . . .
Unit Size
2,024 Ft²
Days on Market
-
Land Size
-
Price per sqft
$286
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017

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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 #1044008)

Price History

Date / Event Date Event Price
May 6, 2020 Sold
Premium
Sold
Mar 17, 2020 Listed by COLDWELL BANKER VANGUARD REALTY $579,000
Listed by COLDWELL BANKER VANGUARD REALTY
Jan 30, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,102
  • Total Building Area: 884
  • Gross Building Area: 884
  • Building Area: 2,024
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,024
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARINELAND ACRES 2ND ADD
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: 2ND ADDITION MARINELAND ACRES BLOCK 7 LOT 38 OR BOOK 70 PAGE 541 OR 200 PG 75 OR 626 PG 1579 OR 646 PG 277 OR 1301 PG 1651 OR 2042/1381 OR 2046/ 695 OR 2440/772

Neighborhood

  • School District Name: Flagler County School District
  • Census Tract: 060106

Zoning

  • Zoning: R-1

Geography

  • Parcel: 39-10-31-4250-00070-0380
  • Block: 7
  • Lot: 38
  • Meridian: SEC 39 TWN 10S RNG 31E
  • Municipality: MARINELAND ACRES DRAINAGE
  • Latitude: 29.6296
  • Longitude: -81.2008

    Address

  • Full Address: 31 Atlantic Dr
  • Address - House Number: 31
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palm Coast
  • Carrier Code: R050
  • 4-Digit Zip Code: 2437
  • Zip Code: 32137

Valuation

    Tax

  • Total Area: 4,932
  • Tax Year: 2022
  • Tax Amount: $727,779
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 884,785
  • High Value: 1,041,375
  • Low Value: 728,194

    Market Valuation

  • Market Total Value: $641,722
  • Market Land Value: $151,000
  • Market Improvement Value: $490,722

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $492,062

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: May 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020017096
  • Previous Sale Recording Date: Jan 30, 2015
  • Previous Sale Contract Date: Jan 29, 2015
  • Previous Sale Amount: $77,000
  • 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 Flagler

Stats & Trends

Median Asking:

$379,400

Sale Price/ft²

$201

Below Asking

0.03%

Average Days on Market

78

Average Home Size

2064 ft²

Average Home Age

15.5 years

Currently For Sale

2021 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 22 Bristol Drive, PALM COAST, FL, 32137

$1,975 /mo

  • 2 Beds
  • 2 Baths
  • 1,637 ft²
22 Bristol Drive, PALM COAST, FL, 32137 Listing by Jill Fitzgerald
Unit for rent at 25 Andover Drive, PALM COAST, FL, 32137

$1,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,156 ft²
25 Andover Drive, PALM COAST, FL, 32137 Listing by James Scollins, Jr

Rentals Near You

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

Listed by: Carole Linda Bayer, COLDWELL BANKER VANGUARD REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1044008
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 31 Atlantic Drive built and last sold?
The property at 31 Atlantic Drive was built in 2017 and last sold on Apr 30, 2020 for $549,000.
How much is this home worth?
The estimated value of the home located at 31 Atlantic Drive is $576,043.
What are some comparable homes to 31 Atlantic Drive?
There are currently no comparable homes to 31 Atlantic Drive.
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