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Brevard 32951
502 Carousel
$72,000
● Mobile Manufactured - Off Market

502 Carousel

Melbourne Beach, FL 32951
bedrooms
1 Bed
bathrooms
1 Bath
$165,875
RealtyHop Estimate
109.97%
Since Mar 1, 2013
National-US
Primary Model

About This Property

Outdoor Resorts is a first class Ocean to River community in Melbourne Beach! There are no age restrictions. You own the land! Maintenance is very low in Outdoor Resorts! This one is ready to close so you can be in paradise! Already updated and ready for you! Just bring your toothbrush! Community offers Tennis courts, Shuffle board,Fishing Pier, Boat Launch, Club House, 3 pools one is on the ocean, Weight room, laundry areas, Rec-Hall and Jacuzzis. This one is fully furnished!
Unit Size
-
Days on Market
-
Land Size
0.07 acres
Price per sqft
-
Property Type
Mobile Manufactured
Property Taxes
$94
HOA Dues
$600
Year Built
2003

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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: 3 years ago (Space Coast MLS #653556)

Price History

Date / Event Date Event Price
Mar 7, 2013 Sold
Premium
Sold
Nov 6, 2012 Listed by Coldwell Banker Paradise $79,000
Listed by Coldwell Banker Paradise

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 198

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 0
  • Gross Building Area: 24
  • Building Area: 24
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OUTDOOR RESS/MELBOURNE BEACH
  • Land Acres: 0000000070
  • Standard Land Use Code: 1004
  • County Land Use Code: 0438
  • State Land Use Code: 004
  • Legal Description 1: OUTDOOR RESORTS AT MELBOURNE BCH CONDO UNIT 237 OUTDOOR RESORTS AT MELBOURNE BEACH CONDO AS DESC IN ORB 2259 PG 2187 AND ALL AMENDMENTS THERETO.

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066103

Zoning

  • Zoning: RVP

Geography

  • Assessors Map Reference: 359
  • Account Number: 2849578
  • Parcel: 28-38-20-00-0040A.3-0000.00
  • Block: 40A.3
  • Meridian: SEC 20 TWN 28S RNG 38E
  • Municipality: UNINCORP DISTRICT 3
  • Latitude: 28.0394
  • Longitude: -80.5493

    Address

  • Full Address: 502 Carousel Ln
  • Legal Unit: 237
  • Address - House Number: 502
  • Address - Street Name: Carousel
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Melbourne Beach
  • Carrier Code: R150
  • 4-Digit Zip Code: 4201
  • Zip Code: 32951

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $128,190
  • Tax Rate Code Area: 3400

    Appraisal Valuation

  • Standard Deviation: 0.193
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 200,602
  • High Value: 239,335
  • Low Value: 161,868

    Market Valuation

  • Market Total Value: $111,440

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $111,440

    Sales

  • Current Sale Contract Date: Feb 25, 2013
  • Current Sale Recording Date: Mar 07, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013049293
  • Previous Sale Recording Date: May 24, 2011
  • Previous Sale Contract Date: May 10, 2011
  • Previous Sale Document Type: 54
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 Brevard

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$216

Below Asking

0.02%

Average Days on Market

70

Average Home Size

1823 ft²

Average Home Age

29.9 years

Currently For Sale

5514 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 3140 S Highway A1a, Melbourne Beach, FL, 32951

$1,495 /mo

  • Studio
  • 1 Bath
  • 600 ft²
3140 S Highway A1a, Melbourne Beach, FL, 32951 Listing by Jack Taylor
Unit for rent at 3134 Edgewood Drive Ne, Palm Bay, FL, 32905

$1,625 /mo

  • 3 Beds
  • 2 Baths
  • 1,245 ft²
3134 Edgewood Drive Ne, Palm Bay, FL, 32905 Listing by Karen Gunn-Bardot

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Elizabeth A Partridge, Coldwell Banker Paradise
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 653556
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 502 Carousel Lane built and last sold?
The property at 502 Carousel Lane was built in 2003 and last sold on Feb 25, 2013 for $72,000.
How much is this home worth?
The estimated value of the home located at 502 Carousel Lane is $0.
What are some comparable homes to 502 Carousel Lane?
There are currently no comparable homes to 502 Carousel Lane.
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