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Edgewater 32141 Florida Shores
3513 NEEDLE PALM Drive
$315,000
● House - Off Market

3513 NEEDLE PALM Drive

Edgewater, FL 32141
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,204 Ft²
$318,208
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Beautifully Renovated Home in Florida Shores! Almost New Roof, AC & Water Heater. Gorgeous Kitchen with Quartz Countertops, Stainless Appliances & Designer Soft Close Cabinets. Spacious Floor Plan Features Luxury Vinyl Plank Flooring, Updated Bathrooms & a Great Screened Patio Overlooking the Huge Private Fenced Yard. Room for All of Your Toys. Soaring Live Oaks - This One Checks All the Boxes! Minutes from Shopping, Dining & Waterways!
Unit Size
1,204 Ft²
Days on Market
55 days
Land Size
-
Price per sqft
$266
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1985

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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: 7 months ago (Real MLS #1236275)

Price History

Date / Event Date Event Price
Sep 8, 2023 Sold
Premium
Sold
Jul 7, 2023 Listed by EDGEWATER REALTY LLC $320,000
Listed by EDGEWATER REALTY LLC
Aug 1, 2022 Sold
Premium
Sold
Mar 8, 2022 No longer available -
No longer available
Mar 3, 2022 Listed by EDGEWATER REALTY LLC $295,900
Listed by EDGEWATER REALTY LLC
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1991
  • 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: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • 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: 504
  • Parking Space Count: 2
  • Patio Type: 92
  • 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: 1,708
  • Gross Building Area: 1,708
  • Building Area: 1,204
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,204
  • 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 14870 & 14871 BLK 479 FLORIDA SHORES NO 26 MB 19 PG 246 PER OR 2882 PG 1205 PER OR 6841 PG 0116 PER OR 8189 PG 1655 PER OR 8291 PG 0209 PER OR 8456 PG 4238

Neighborhood

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

Zoning

  • Zoning: 07R2B

Geography

  • Assessors Map Reference: E2-0041-14
  • Account Number: 3961650
  • Subdivision Tract Number: 01
  • Parcel: 8402-01-14-8700
  • Block: 479
  • Lot: 14870
  • Meridian: SEC 02 TWN 18S RNG 34E
  • Municipality: EDGEWATER
  • Latitude: 28.936
  • Longitude: -80.8937

    Address

  • Full Address: 3513 Needle Palm Dr
  • Address - House Number: 3513
  • Address - Street Name: Needle Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Edgewater
  • Carrier Code: R008
  • 4-Digit Zip Code: 6725
  • Zip Code: 32141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $439,727
  • Tax Rate Code Area: 604

    Appraisal Valuation

  • Standard Deviation: 0.2022
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 312,336
  • High Value: 375,505
  • Low Value: 249,167

    Market Valuation

  • Market Total Value: $230,618
  • Market Land Value: $34,000
  • Market Improvement Value: $196,618

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,618
  • Assessed Land Value: $34,000
  • Assessed Improvements Value: $196,618

    Sales

  • Current Sale Contract Date: Aug 31, 2023
  • Current Sale Recording Date: Sep 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 183698
  • Previous Sale Recording Date: Aug 01, 2022
  • Previous Sale Contract Date: Mar 22, 2022
  • Previous Sale Amount: $296,900
  • Previous Sale Document Type: 71

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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:

$299,900

Sale Price/ft²

$202

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1662 ft²

Average Home Age

35.6 years

Currently For Sale

62 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 526 Safe Harbor Drive, EDGEWATER, FL, 32141

$2,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,842 ft²
526 Safe Harbor Drive, EDGEWATER, FL, 32141 Listing by Philip Simpson
Unit for rent at 2706 Kumquat Drive, Edgewater, FL, 32141

$2,250 /mo

  • 2 Beds
  • 2 Baths
  • 1,080 ft²
2706 Kumquat Drive, Edgewater, FL, 32141 Listing by Larry L Fleckinger Jr.

Rentals Near You

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

Listed by: SONDRA TRACY, EDGEWATER REALTY LLC
Last Updated: 7 months ago
Data Source: Real MLS, MLS# 1236275
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 3513 Needle Palm Drive built and last sold?
The property at 3513 Needle Palm Drive was built in 1985 and last sold on Aug 31, 2023 for $315,000.
How much is this home worth?
The estimated value of the home located at 3513 Needle Palm Drive is $0.
What are some comparable homes to 3513 Needle Palm Drive?
There are currently no comparable homes to 3513 Needle Palm Drive.
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