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Brevard 32754 Indian River Park
5499 Wells
$90,000
● Land - Off Market

5499 Wells

Mims, FL 32754
bedrooms
Studio
bathrooms
0 Bath
$196,266
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

WOW! Gorgeous land off Flounder Creek Rd. Peaceful and quiet area and plenty of room for a home and horses. Property is fenced and right now there are cattle grazing on it. You''ll love this area. This is a flag lot but there is an easement from Flounder Creek to access the property. Mostly all cleared and ready to go. Electric service is nearby too. There is a barn/stalls on property. Pond on property.
Unit Size
-
Days on Market
1217 days
Land Size
6.61 acres
Price per sqft
-
Property Type
Land
Property Taxes
$92
HOA Dues
-
Year Built
2003

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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: 6 months ago (Space Coast MLS #560952)

Price History

Date / Event Date Event Price
Oct 21, 2020 Sold
Premium
Sold
Jun 6, 2013 Sold
Premium
Sold
Feb 5, 2010 Listed by CENTURY 21 Paradise Palm $100,000
Listed by CENTURY 21 Paradise Palm
Oct 19, 1999 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 38,768
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: BRYAN & CARLILE RESUBD
  • Land Acres: 0000000890
  • Standard Land Use Code: 8010
  • County Land Use Code: 0010
  • State Land Use Code: 061
  • Legal Description 1: BRYAN & CARLILE RESUBD PART OF TRACT 2 BLK 2 & PART OF TRACTS 2 & 7 BLK 3 AS DESC IN ORB 3566 PG 4993 & VACATED 30 FT R/W LYING BETWEEN AS DESC IN ORB 3471 PG 3508 EXC ORB 3585 PG 1615, ORB 3650 PG 2006, ORB 8893 PG 906

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 060103

Zoning

  • Zoning: AU

Geography

  • Assessors Map Reference: MB 8 PG 48
  • Account Number: 2004425
  • Subdivision Tract Number: 2,7
  • Parcel: 20G-35-01-01-00002.0-0002.01
  • Block: 2
  • Lot: 2
  • Meridian: SEC 01 TWN 20GS RNG 35E
  • Municipality: UNINCORP DISTRICT 1
  • Latitude: 28.7566
  • Longitude: -80.8546

    Address

  • Full Address: 5499 Wells Ln
  • Address - House Number: 5499
  • Address - Street Name: Wells
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Mims
  • Zip Code: 32754

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,155
  • Tax Rate Code Area: 1300

    Market Valuation

  • Market Total Value: $1,560

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,560

    Sales

  • Current Sale Contract Date: Oct 05, 2020
  • Current Sale Recording Date: Oct 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020232586
  • Previous Sale Recording Date: Oct 19, 1999
  • Previous Sale Contract Date: Oct 14, 1999
  • Previous Sale Amount: $45,000
  • 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 Indian River Park

Stats & Trends

Median Asking:

$429,750

Sale Price/ft²

$234

Below Asking

0.03%

Average Days on Market

73

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

Unit for rent at 6050 Mangrove Street, Mims, FL, 32754

$2,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,380 ft²
6050 Mangrove Street, Mims, FL, 32754 Listing by Elizabeth Christine Devine

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Linda R Lakin, CENTURY 21 Paradise Palm
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 560952
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 5499 Wells Lane built and last sold?
The property at 5499 Wells Lane was built in 2003 and last sold on Oct 5, 2020 for $120,000.
How much is this home worth?
The estimated value of the home located at 5499 Wells Lane is $0.
What are some comparable homes to 5499 Wells Lane?
There are currently no comparable homes to 5499 Wells Lane.
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