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Edgewater 32141 Florida Shores
3407 Tamarind DRIVE
$299,000
● House - Off Market

3407 Tamarind DRIVE

EDGEWATER, FL 32141
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,288 Ft²
$1,508
Est. Monthly
8.86%
Cap Rate

About This Property

Welcome to this charming 3-bedroom, 2-bath home! With an open floor plan, vaulted ceilings, and updated skylights, it boasts an airy and bright living space. The large lot, free from HOA restrictions, allows for endless possibilities in the spacious backyard. This home is thoughtfully maintained, featuring newer AC system, water heater, appliances, and roof; ensuring peace of mind for years to come. Its move-in ready status is perfect timing for the holidays, offering a beautiful, comfortable, and hassle-free living experience. Don't miss this opportunity to make it yours! All information is intended to be accurate but is not guaranteed.
Unit Size
1,288 Ft²
Days on Market
65 days
Land Size
0.23 acres
Price per sqft
$233
Property Type
House
Property Taxes
$34
HOA Dues
-
Year Built
2000

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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 #NS1080130)

Price History

Date / Event Date Event Price
Feb 26, 2024 Sold
Premium
Sold
Dec 17, 2023 Listed by EXIT REAL ESTATE PROPERTY SOL $299,999
Listed by EXIT REAL ESTATE PROPERTY SOL
Feb 10, 2004 Sold
Premium
Sold
Aug 31, 2000 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 364
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,652
  • Gross Building Area: 1,652
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FLORIDA SHORES
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOTS 15345 & 15346 BLK 497 FLORIDA SHORES NO 27 MB 19 PG 247 PER OR 5256 PG 3818

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 083007

Zoning

  • Zoning: 07R2B

Geography

  • Assessors Map Reference: E2-0041-15
  • Account Number: 3963377
  • Subdivision Tract Number: 01
  • Parcel: 8402-01-15-3450
  • Block: 497
  • Lot: 15345
  • Meridian: SEC 02 TWN 18S RNG 34E
  • Municipality: EDGEWATER
  • Latitude: 28.9332
  • Longitude: -80.9066

    Address

  • Full Address: 3407 Tamarind Dr
  • Address - House Number: 3407
  • Address - Street Name: Tamarind
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Edgewater
  • Carrier Code: R013
  • 4-Digit Zip Code: 6411
  • Zip Code: 32141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $40,919
  • Tax Rate Code Area: 604

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 91
  • Final Value: 289,750
  • High Value: 317,821
  • Low Value: 261,679

    Market Valuation

  • Market Total Value: $246,981
  • Market Land Value: $34,000
  • Market Improvement Value: $212,981

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,882

    Exemptions

  • Senior Citizen Exemption : Yes
  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 20, 2024
  • Current Sale Recording Date: Feb 26, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 36066
  • Previous Sale Recording Date: Feb 10, 2004
  • Previous Sale Contract Date: Feb 03, 2004
  • Previous Sale Amount: $105,000
  • 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 Florida Shores

Stats & Trends

Median Asking:

$299,999

Sale Price/ft²

$203

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1644 ft²

Average Home Age

35.8 years

Currently For Sale

75 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 408 Northstar Lane, EDGEWATER, FL, 32141

$2,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,476 ft²
408 Northstar Lane, EDGEWATER, FL, 32141 Listing by Michael Norton

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Shatawna Evans
EXIT REAL ESTATE PROPERTY SOL
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# NS1080130
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 3407 Tamarind Drive built and last sold?
The property at 3407 Tamarind Drive was built in 2000 and last sold on Feb 20, 2024 for $299,000.
How much is this home worth?
The estimated value of the home located at 3407 Tamarind Drive is $0.
What are some comparable homes to 3407 Tamarind Drive?
There are currently no comparable homes to 3407 Tamarind Drive.
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