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Indialantic 32903 Indialantic by The Sea
328 Wayne Avenue
Photo of 328 Wayne Avenue
Sold on Nov 27, 2019

19

Map

Photo of 328 Wayne Avenue
Photo of 328 Wayne Avenue
$470,000
● House - Off Market

328 Wayne Avenue

Indialantic, FL 32903
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,969 Ft²
$708,463
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Beachside living at its best! Beautiful 3 bedroom, study/office, 2 bath split located in the heart of Indialantic. This neighborhood has it all. Restaurants & entertainment just a short drive away or stay home & enjoy your own slice of paradise. Have fun in your tiki covered outdoor grill & bar, beat the summertime heat in your pool & relax sitting by the fire pit in your gazebo. Beautifully landscaped to give privacy to this large lot. There is a mango, coconut, avocado & lime tree. A covered boat storage. Many upgrades in the home such as: hurricane impact windows, wood & tile floors, granite counter tops, plantation shutters, top of the line appliances, wine bar w/wine fridge, crown molding & covered porch. Only .3 miles from the beach & 1/2 mile to schools. No HOA. Outside shower.
Unit Size
1,969 Ft²
Days on Market
37 days
Land Size
0.30 acres
Price per sqft
$246
Property Type
House
Property Taxes
$525
HOA Dues
-
Year Built
1973

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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 #858747)

Price History

Date / Event Date Event Price
Nov 27, 2019 Sold
Premium
Sold
Oct 21, 2019 Listed by Rahal Real Estate LLC $484,000
Listed by Rahal Real Estate LLC
Jul 24, 2017 Sold
Premium
Sold
May 27, 2017 Listed by Rahal Real Estate LLC $500,000
Listed by Rahal Real Estate LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • 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: 644
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,017
  • Total Building Area: 2,781
  • Gross Building Area: 2,781
  • Building Area: 1,969
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,969
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIALANTIC BY THE SEA
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: INDIALANTIC BY THE SEA LOTS 19,20 BLK 52

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066200

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 314
  • Account Number: 2730324
  • Parcel: 27-37-36-EO-00052.0-0019.00
  • Block: 52
  • Lot: 19
  • Meridian: SEC 36 TWN 27S RNG 37E
  • Municipality: INDIALANTIC
  • Latitude: 28.0946
  • Longitude: -80.5737

    Address

  • Full Address: 328 Wayne Ave
  • Address - House Number: 328
  • Address - Street Name: Wayne
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Indialantic
  • Carrier Code: C011
  • 4-Digit Zip Code: 4235
  • Zip Code: 32903

Valuation

    Tax

  • Total Area: 2,478
  • Tax Year: 2022
  • Tax Amount: $620,623
  • Tax Rate Code Area: 54S0

    Appraisal Valuation

  • Standard Deviation: 0.1944
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 773,276
  • High Value: 923,631
  • Low Value: 622,921

    Market Valuation

  • Market Total Value: $567,390

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $404,990

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 22, 2019
  • Current Sale Recording Date: Nov 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019259439
  • Previous Sale Recording Date: Jul 24, 2017
  • Previous Sale Contract Date: Jul 14, 2017
  • Previous Sale Amount: $475,000
  • 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 Indialantic by The Sea

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$378

Below Asking

0.03%

Average Days on Market

70

Average Home Size

1906 ft²

Average Home Age

38.6 years

Currently For Sale

32 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 210 6th Avenue, Indialantic, FL, 32903

$2,300 /mo

  • 1 Bed
  • 1 Bath
  • 580 ft²
210 6th Avenue #7, Indialantic, FL, 32903 Listing by Scott M Bouchard

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Michael J Toppa, Rahal Real Estate LLC
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 858747
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 328 Wayne Avenue built and last sold?
The property at 328 Wayne Avenue was built in 1973 and last sold on Nov 22, 2019 for $470,000.
How much is this home worth?
The estimated value of the home located at 328 Wayne Avenue is $498,302.
What are some comparable homes to 328 Wayne Avenue?
There are currently no comparable homes to 328 Wayne Avenue.
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