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Sharpes 32926
3543 Indian River DRIVE
$1,450,000
● House - Off Market

3543 Indian River DRIVE

COCOA, FL 32926
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,774 Ft²
$1,577,641
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Rarely does an offering this unique come on the market. 2.3 Acres on the Indian River. Historic Monterey Style residence designed by renowned architect on an elevated site overlooking the Intercoastal with mooring to hold your boat. Locks leading to the Ocean are directly across the Indian River. Conveniently located, you are a short drive to the ocean, Orlando airport, and the Cape. Updated it has a timeless design with an indoor/outdoor flow. It features exposed beams, Merritt Island pine floors, French doors from all bedrooms leading to balconies and breathtaking water views. There are multiple patio spaces for entertaining. Storage space is provided by a large 30'X60' outbuilding w/ Rollup door. Come see this One-of-a-kind property.
Unit Size
2,774 Ft²
Days on Market
107 days
Land Size
2.31 acres
Price per sqft
$568
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1930

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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: 3 years ago (Stellar MLS #O6092395)

Price History

Date / Event Date Event Price
Jun 12, 2023 Sold
Premium
Sold
Feb 17, 2023 Listed by PASTERMACK REAL ESTATE $1,575,000
Listed by PASTERMACK REAL ESTATE
Dec 31, 2013 Sold
Premium
Sold
May 19, 1999 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • 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: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 652
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 198

    Dimensions

  • Lot Size Square Feet: 100,624
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,180
  • Total Building Area: 3,548
  • Gross Building Area: 3,548
  • Building Area: 2,774
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,774
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ACREAGE & UNREC
  • Land Acres: 0000002310
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: PART OF GOVT LOT 3 & PT OF NW 1/4 OF SW 1/4 AS DES IN ORB 1103 PG 40

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 062112

Zoning

  • Zoning: EU

Geography

  • Assessors Map Reference: 137
  • Account Number: 2411243
  • Parcel: 24-36-08-00-00505.0-0000.00
  • Block: 505
  • Lot: 3
  • Meridian: SEC 08 TWN 24S RNG 36E
  • Municipality: UNINCORP DISTRICT 1
  • Latitude: 28.4106
  • Longitude: -80.7503

    Address

  • Full Address: 3543 Indian River Dr
  • Address - House Number: 3543
  • Address - Street Name: Indian River
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Cocoa
  • Carrier Code: C029
  • 4-Digit Zip Code: 8701
  • Zip Code: 32926

Valuation

    Tax

  • Total Area: 2,975
  • Tax Year: 2022
  • Tax Amount: $403,885
  • Tax Rate Code Area: 1400

    Appraisal Valuation

  • Standard Deviation: 0.1771
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 1,155,518
  • High Value: 1,360,261
  • Low Value: 950,774

    Market Valuation

  • Market Total Value: $635,660

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $305,990

    Sales

  • Current Sale Contract Date: Jun 09, 2023
  • Current Sale Recording Date: Jun 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 121957
  • Previous Sale Recording Date: Dec 31, 2013
  • Previous Sale Contract Date: Dec 23, 2013
  • Previous Sale Amount: $435,000
  • 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 Sharpes

Stats & Trends

Median Asking:

$372,000

Sale Price/ft²

$198

Below Asking

0.02%

Average Days on Market

76

Average Home Size

1877 ft²

Average Home Age

29.6 years

Currently For Sale

19 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 111 S Indian Circle, Cocoa, FL, 32922

$2,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,860 ft²
111 S Indian Circle, Cocoa, FL, 32922 Listing by Peggy Baker

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Toni Pastermack
PASTERMACK REAL ESTATE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6092395
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 3543 Indian River Drive built and last sold?
The property at 3543 Indian River Drive was built in 1930 and last sold on Jun 9, 2023 for $1,450,000.
How much is this home worth?
The estimated value of the home located at 3543 Indian River Drive is $0.
What are some comparable homes to 3543 Indian River Drive?
There are currently no comparable homes to 3543 Indian River Drive.
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