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Melbourne 32903 Ocean View Estates
313 Ocean View Lane
Photo of 313 Ocean View Lane
Sold on Apr 20, 2018

1

Map

$202,100
● House - Off Market

313 Ocean View Lane

Melbourne, FL 32903
bedrooms
2 Beds
bathrooms
2 Baths
square feet
948 Ft²
$310,133
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Very cute duplex in the heart of Indialantic just steps to the beach. 2-Bedrooms, 2-Bathrooms and 1 Car Garage. Nice screened patio out back and a fenced in back yard.
Unit Size
948 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$213
Property Type
House
Property Taxes
$77
HOA Dues
-
Year Built
1981

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (Space Coast MLS #811423)

Price History

Date / Event Date Event Price
May 1, 2018 Sold
Premium
Sold
Apr 20, 2018 Listed by Hart To Hart Real Estate, Inc. $202,100
Listed by Hart To Hart Real Estate, Inc.
Dec 20, 2011 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 31
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 276
  • Parking Space Count: 1
  • Patio Type: 92
  • Porch Type: 59
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 42,640
  • Lot Size Frontage Feet: 10
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 948
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 948
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCEAN VIEW ESTATES
  • Land Acres: 0000000100
  • Standard Land Use Code: 1101
  • County Land Use Code: 0121
  • State Land Use Code: 001
  • Legal Description 1: OCEAN VIEW ESTATES LOT 19 EX ORB 2362 PG 2599

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066301

Zoning

  • Zoning: R2(10)

Geography

  • Assessors Map Reference: 298
  • Account Number: 2725976
  • Parcel: 27-37-24-02-00000.0-0019.00
  • Lot: 19
  • Meridian: SEC 24 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.1241
  • Longitude: -80.5809

    Address

  • Full Address: 313 Ocean View Ln
  • Address - House Number: 313
  • Address - Street Name: Ocean View
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Indialantic
  • Carrier Code: C013
  • 4-Digit Zip Code: 2313
  • Zip Code: 32903

Valuation

    Tax

  • Total Area: 1,168
  • Tax Year: 2022
  • Tax Amount: $222,012
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 369,639
  • High Value: 443,676
  • Low Value: 295,602

    Market Valuation

  • Market Total Value: $277,970

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $166,830

    Sales

  • Current Sale Contract Date: Apr 20, 2018
  • Current Sale Recording Date: May 01, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018096745
  • Previous Sale Recording Date: Dec 20, 2011
  • Previous Sale Contract Date: Dec 15, 2011
  • Previous Sale Amount: $110,000
  • 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 Ocean View Estates

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

1768 ft²

Average Home Age

47 years

Currently For Sale

1 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 1145 Shannon Avenue, Indialantic, FL, 32903

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,020 ft²
1145 Shannon Avenue, Indialantic, FL, 32903 Listing by Petra Appling
Unit for rent at 1003 Ashley Avenue, Indian Harbour Beach, FL, 32937

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,167 ft²
1003 Ashley Avenue, Indian Harbour Beach, FL, 32937 Listing by Clovis Simas
Unit for rent at 190 Paradise Boulevard, Melbourne, FL, 32903

$2,100 /mo

  • 2 Beds
  • 2 Baths
  • 1,266 ft²
190 Paradise Boulevard #1909, Melbourne, FL, 32903 Listing by Robert Klingensmith

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Kalli Kamholz, Hart To Hart Real Estate, Inc.
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 811423
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.

Frequently Asked Questions

When was property at 313 Ocean View Lane built and last sold?
The property at 313 Ocean View Lane was built in 1981 and last sold on Apr 20, 2018 for $202,100.
How much is this home worth?
The estimated value of the home located at 313 Ocean View Lane is $0.
What are some comparable homes to 313 Ocean View Lane?
There are currently no comparable homes to 313 Ocean View Lane.
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