$230,000
●
House -
Off Market
4055 Palm Avenue
Sebastian, FL 32976
3 Beds
2 Baths
1,240 Ft²
$284,326
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Lots of potential and a solid home. Great views of the river off
the deck. Hear the music from Outriggers on the weekend! Currently
being used as a multi family home and can continue as a Mother-In-
Law home. 2 fully functioning kitchens and living rooms in the
home. Possible 3rd bedroom.
Unit Size
1,240 Ft²
Days on Market
82 days
Land Size
0.42 acres
Price per sqft
$222
Property Type
House
Property Taxes
$177
HOA Dues
-
Year Built
1958
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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: 6 months ago (Space Coast MLS #931302)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2026 | No longer available | - | |
| No longer available | |||
| Dec 15, 2025 | Listed by Action Realty LLC | $485,000 | |
| Listed by Action Realty LLC | |||
| | |||
|
Welcome home to Riverwatch cottage
Nestled between the St. Sebastian river and the Indian River Lagoon, this Completely renovated home has it all including stainless appliances, quartz counters, luxury vinyl flooring and much more. On the main floor you'll find an open floor plan with a large deck and river views where you will enjoy beautiful sunrises while watching boats go by. You will also find the primary bedroom and bathroom as well as a powder room on this level. The lower level has 2 additional bedrooms, living room, bathroom, Florida room and laundry. A true Water lovers paradise!
| |||
| Jun 1, 2025 | No longer available | - | |
| No longer available | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by Action Realty LLC | $525,000 | |
| Listed by Action Realty LLC | |||
| | |||
|
Welcome home to Riverwatch cottage
Nestled between the St. Sebastian river and the Indian River Lagoon, this Completely renovated home has it all including stainless appliances, quartz counters, luxury vinyl flooring and much more. On the main floor you'll find an open floor plan with a large deck and river views where you will enjoy beautiful sunrises while watching boats go by. You will also find the primary bedroom and bathroom as well as a powder room on this level. The lower level has 2 additional bedrooms, living room, bathroom, Florida room and laundry. A true Water lovers paradise!
| |||
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Building Info
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About Bay Crest Villa
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Listed by: Ophelia Angelone, Action Realty LLC
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 931302
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.
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 931302
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