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Bradford
532 SE 5th AVENUE
$577,500
● House - Off Market

532 SE 5th AVENUE

Melrose, FL 32666
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$679,984
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Beautiful Southern Living Florida Cracker House Plan on the prestigious Big Lake Santa Fe. This 3 bedroom 2 bathroom home has a Wrap-a-round porch as well as windows for the panoramic views of the lake. Enjoy the breathtaking sunsets from this westerly facing property, whether its from your porch or dock they will not disappoint. Hit the Water with kayaks or your boat because the dock features a boatlift. The Lake is all watersports ready, from waterskiing, wakeboarding, wake surfing, tubing, to rowing, or kayaking, as well as phenomenal fishing for large mouth bass, bluegills, catfish, or speckled perch. This home is a must see if you''re looking to get on the lake that rarely has homes come available to purchase.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$428
Property Type
House
Property Taxes
$370
HOA Dues
-
Year Built
1988

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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 #GC446380)

Price History

Date / Event Date Event Price
Oct 6, 2021 Sold
Premium
Sold
Jul 12, 2021 Listed by Trevor Waters Realty,Inc $599,000
Listed by Trevor Waters Realty,Inc
Jul 22, 2014 Sold
Premium
Sold
Jan 28, 2014 Listed by Trevor Waters Realty,Inc $369,000
Listed by Trevor Waters Realty,Inc

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,848
  • Lot Size Depth Feet: 2,240
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 1,694
  • Gross Building Area: 1,694
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEMINOLE RIDGE
  • Land Acres: 0000000525
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 12 9S 22 LOT 10 OF BLK A SEMINOLE RIDGE UNIT 4. ALSO DESC AS: COM SE COR OF SEC. N06*22'43"E 814.56 S89*55'W 1016.08' TO W R/W RD, N14*47'E 520.63', N05*22'46"E 408.24', N20*33'46"E 439.90', N04*05'36"E 201.29', THENCE N12*22'34"W 19.01', N03*45'44W

Neighborhood

  • School District Name: Bradford County School District
  • Census Tract: 000301

Geography

  • Parcel: 06230-D-11000
  • Block: A
  • Lot: 10
  • Meridian: SEC 12 TWN 09S RNG 22E
  • Municipality: SRWMD
  • Latitude: 29.7265
  • Longitude: -82.0534

    Address

  • Full Address: 532 Se 5th Ave
  • Legal Unit: 4
  • Address - House Number: 532
  • Street Direction: SE
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Melrose
  • Carrier Code: R002
  • 4-Digit Zip Code: 5416
  • Zip Code: 32666

Valuation

    Tax

  • Total Area: 1,718
  • Tax Year: 2023
  • Tax Amount: $872,467
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.4481
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 10
  • Final Value: 650,078
  • High Value: 941,394
  • Low Value: 358,761

    Market Valuation

  • Market Total Value: $563,585
  • Market Land Value: $297,228
  • Market Improvement Value: $266,357

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $536,998

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Oct 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202104009351
  • Previous Sale Recording Date: Jul 22, 2014
  • Previous Sale Contract Date: Jul 21, 2014
  • Previous Sale Amount: $340,000
  • 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 Bradford

Stats & Trends

Median Asking:

$309,000

Sale Price/ft²

$193

Below Asking

0.04%

Average Days on Market

91

Average Home Size

1871 ft²

Average Home Age

42.9 years

Currently For Sale

95 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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STELLAR

Listed by: Branden Waters
Trevor Waters Realty,Inc
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# GC446380
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 532 Southeast 5th Avenue built and last sold?
The property at 532 Southeast 5th Avenue was built in 1988 and last sold on Sep 17, 2021 for $577,600.
How much is this home worth?
The estimated value of the home located at 532 Southeast 5th Avenue is $578,359.
What are some comparable homes to 532 Southeast 5th Avenue?
There are currently no comparable homes to 532 Southeast 5th Avenue.
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