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Brevard 32754 Indian River Park
4935 Highway 1
$340,000
● House - Off Market

4935 Highway 1

Mims, FL 32754
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,362 Ft²
$1,849
Est. Monthly
7.37%
Cap Rate

About This Property

USDA ELIGIBLE!!! WELCOME HOME to a tranquil 3 bedroom, 2 bathroom block home with a flex room, situated on a spacious 0.89 acre lot. This home is perfect for homeowners who value both functionality and room to spread out. Out back, you'll love the large, metal two-bay garage - ideal for a workshop, storage, or hobbies. Outside electrical makes BBQing a breeze. Tucked away in a peaceful setting, with room to garden, build and relax this home has all the country charm. Enjoy peace of mind with big ticket updates including: 2025-roof, 2019-AC and 2019-septic and drain field. This home is ready for its next owner's vision and personal touches. Schedule your showing today and imagine the possibilities!

Camper does not convey.
Unit Size
1,362 Ft²
Days on Market
34 days
Land Size
0.89 acres
Price per sqft
$257
Property Type
House
Property Taxes
$130
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: 6 months ago (Space Coast MLS #1048941)

Price History

Date / Event Date Event Price
Jul 21, 2025 Sold
Premium
Sold
Jun 19, 2025 In contract -
In contract
Jun 13, 2025 Listed by Welcome Home Realty $350,000
Listed by Welcome Home Realty
May 9, 2016 Sold
Premium
Sold
Jun 26, 1996 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 108

    Dimensions

  • Lot Size Square Feet: 38,768
  • Total Building Area: 1,846
  • Gross Building Area: 1,846
  • Building Area: 1,362
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,362
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN RIVER PARK, RESUBD OF SEC 17
  • Land Acres: 0000000890
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: INDIAN RIVER PARK, RESUBD OF SEC 17 TRACT 11 BLK 6 EX RD R/W

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 060106

Zoning

  • Zoning: AU

Geography

  • Assessors Map Reference: 20
  • Account Number: 2001822
  • Subdivision Tract Number: 11
  • Parcel: 20G-34-17-AL-00006.0-0011.00
  • Block: 6
  • Lot: 11
  • Meridian: SEC 17 TWN 20GS RNG 34E
  • Municipality: UNINCORP DISTRICT 1
  • Latitude: 28.7354
  • Longitude: -80.8671

    Address

  • Full Address: 4935 Us Highway 1
  • Address - House Number: 4935
  • Address - Street Name: Us Highway 1
  • State: FL
  • City Name: Mims
  • Carrier Code: R005
  • 4-Digit Zip Code: 4918
  • Zip Code: 32754

Valuation

    Tax

  • Total Area: 1,646
  • Tax Year: 2022
  • Tax Amount: $145,279
  • Tax Rate Code Area: 1300

    Appraisal Valuation

  • Standard Deviation: 0.2231
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 310,596
  • High Value: 379,897
  • Low Value: 241,296

    Market Valuation

  • Market Total Value: $212,020

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $111,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 05, 2016
  • Current Sale Recording Date: May 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016088429
  • Previous Sale Recording Date: Jun 26, 1996
  • Previous Sale Contract Date: Jun 17, 1996
  • Previous Sale Amount: $83,500
  • 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 Indian River Park

Stats & Trends

Median Asking:

$429,750

Sale Price/ft²

$234

Below Asking

0.03%

Average Days on Market

68

Average Home Size

1847 ft²

Average Home Age

38 years

Currently For Sale

9 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

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SpaceCoast

Listed by: Lindsey Goss, Welcome Home Realty
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1048941
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.

Frequently Asked Questions

When was property at 4935 U.S. 1 built and last sold?
The property at 4935 U.S. 1 was built in 1985 and last sold on May 5, 2016 for $120,000.
How much is this home worth?
The estimated value of the home located at 4935 U.S. 1 is $0.
What are some comparable homes to 4935 U.S. 1?
There are currently no comparable homes to 4935 U.S. 1.
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