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Sebastian 32958
548 Cross Creek Circle
$899,000
● House - Off Market

548 Cross Creek Circle

Sebastian, FL 32958
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,880 Ft²
$5,227
Est. Monthly
$101
HOA / Fees
1.72%
Cap Rate

About This Property

Welcome to your private sanctuary on 1.1 acres along the scenic Sebastian River. This 3BD/2.5BA home features an open floor plan flooded w/ natural light, cathedral ceilings & views from every room. Upgrades include impact windows/doors, a 2018 roof, and newer HVACs. Step outside to your personal paradise w/ a screened pool, expansive deck & private dock w/boat lift offering direct Intracoastal access. Located in a gated community, this riverfront gem blends comfort, luxury & nature! Sizes approx./subject to error.
Unit Size
2,880 Ft²
Days on Market
47 days
Land Size
-
Price per sqft
$312
Property Type
House
Property Taxes
$711
HOA Dues
$101
Year Built
1983

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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: 2 years ago (Indian River #288683)

Price History

Date / Event Date Event Price
Jul 23, 2025 Sold
Premium
Sold
Jun 10, 2025 In contract -
In contract
Jun 6, 2025 Listed by Dale Sorensen Real Estate Inc. $899,000
Listed by Dale Sorensen Real Estate Inc.
Jun 29, 2020 Sold
Premium
Sold
Sep 30, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 25
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 8
  • Location Influence Type: 198

    Dimensions

  • Lot Size Square Feet: 48,352
  • Lot Size Frontage Feet: 483,516
  • Total Building Area: 3,312
  • Gross Building Area: 3,312
  • Building Area: 2,880
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,880
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REPLAT OF SAN SEBASTIAN SPRINGS SUBDIVIS
  • Land Acres: 0000001110
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: SAN SEBASTIAN SPRINGS SUBDIVISION PBI 11 - 58 LOT 47 AND REPLAT OF SEBASTIAN SPRINGS SUBDIVISION PBI 11 - 92 MORE FULLY DESC AS A PARC OF LAND LYING W OF LOT 47 E OF THE SEBASTIAN RIVER AND S OF THE N LINE OF SAID LOT 47 EXT WLY BEING MORE PART DESC

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050807

Zoning

  • Zoning: RS-20

Geography

  • Parcel: 31-38-14-00003-0000-00047.0
  • Lot: 47
  • Meridian: SEC 14 TWN 31S RNG 38E
  • Municipality: CITY OF SEBASTIAN
  • Latitude: 27.7823
  • Longitude: -80.5066

    Address

  • Full Address: 548 Cross Creek Cir
  • Address - House Number: 548
  • Address - Street Name: Cross Creek
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Sebastian
  • Carrier Code: R028
  • 4-Digit Zip Code: 8319
  • Zip Code: 32958

Valuation

    Tax

  • Total Area: 3,114
  • Tax Year: 2022
  • Tax Amount: $757,694
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 823,091
  • High Value: 979,222
  • Low Value: 666,960

    Market Valuation

  • Market Total Value: $612,020
  • Market Land Value: $146,625
  • Market Improvement Value: $465,395

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $501,488

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2020
  • Current Sale Recording Date: Jun 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120200036603
  • Previous Sale Recording Date: Sep 30, 2015
  • Previous Sale Contract Date: Sep 30, 2015
  • Previous Sale Amount: $560,000
  • 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 Sebastian

Stats & Trends

Median Asking:

$374,990

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1764 ft²

Average Home Age

26.8 years

Currently For Sale

161 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 9225 101st Avenue, Vero Beach, FL, 32967

$2,150 /mo

  • 3 Beds
  • 2 Baths
  • 1,218 ft²
9225 101st Avenue, Vero Beach, FL, 32967 Listing by Shedly Morette
Unit for rent at 511 Biscayne Lane, Sebastian, FL, 32958

$2,150 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
511 Biscayne Lane, Sebastian, FL, 32958 Listing by Jennifer M Penna

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Marni E Howder, Dale Sorensen Real Estate Inc.
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 288683
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 548 Cross Creek Circle built and last sold?
The property at 548 Cross Creek Circle was built in 1983 and last sold on Jun 29, 2020 for $510,000.
How much is this home worth?
The estimated value of the home located at 548 Cross Creek Circle is $0.
What are some comparable homes to 548 Cross Creek Circle?
There are currently no comparable homes to 548 Cross Creek Circle.
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