$449,000
●
House -
In Contract
488 Arbor Street
Sebastian, FL 32958
3 Beds
2 Baths
2,013 Ft²
$2,762
Est. Monthly
About This Property
Welcome to your dream oasis in the highly sought-after Highlands of
Sebastian! This beautifully designed 3-bedroom, 2-bathroom pool
home perfectly blends modern comfort with a laid-back coastal
lifestyle. Inside, a spacious, light-filled open floor plan
features high ceilings and seamless transitions between the living,
dining, and kitchen areas--perfect for entertaining. Step through
sliding glass doors to discover a private backyard paradise
boasting a sparkling, pristine heated pool and a generous screened
lanai built for year-round relaxation. The luxurious primary suite
serves as a peaceful escape with an elegant en-suite bath and a
large walk-in closet, while two additional bedrooms offer ample
space for guests or a home office. Situated in a quiet neighborhood
with no HOA fees, this exceptional property sits just minutes from
the scenic Sebastian Riverfront, boat ramps, dining, and pristine
beaches. Live the Florida lifestyle you have been waiting for!
Unit Size
2,013 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$223
Property Type
House
Property Taxes
$556
HOA Dues
-
Year Built
2001
Listed By
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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: 21 days ago (Space Coast MLS #1085655)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2026 | In contract | - | |
| In contract | |||
| Sep 14, 2026 | Price Decreased |
$449,000
↓ $20K
(4.3%) | |
| Price Decreased | |||
| Aug 21, 2026 | Listed by Keller Williams Rlty Vero Bch | $469,000 | |
| Listed by Keller Williams Rlty Vero Bch | |||
| Mar 7, 2024 | Sold | ||
| Sold | |||
| Jan 29, 2024 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s), Split Bedrooms
Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Water Softener Owned
Flooring Type: Tile, Vinyl
Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup
Rooms: 11
Exterior Details
Square Footage: 2013
Square Footage Source: $0
Security Features: Closed Circuit Camera(s), Security Gate, Smoke Detector(s)
Property Condition: Updated/Remodeled
Architectural Style: Ranch, Traditional
Year Built: 2001
Levels: One
Other Structures: Shed(s)
Construction Materials: Concrete
Patio and Porch Features: Covered, Screened
Pool Features: In Ground, Screen Enclosure, Solar Heat, Waterfall
Pool is Private
Lot Features: Sprinklers In Front, Sprinklers In Rear
Lot Size Area: 0.34
Lot Size Units: Acres
Lot Size Acres: 0.34
Lot Size Square Feet: 14810
Lot Size Dimensions: 85.0 ft x 176.0 ft
Water Source: Public, Well
Financial Details
Tax Annual Amount: $6,677
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Sebastian
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Listed by: Michael Vellequette, Keller Williams Rlty Vero Bch
Last Updated: 21 days ago
Data Source: Space Coast MLS, MLS# 1085655
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: 21 days ago
Data Source: Space Coast MLS, MLS# 1085655
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