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Flagler 32137
62 FLAGLER Drive
$775,000
● House - Off Market

62 FLAGLER Drive

Palm Coast, FL 32137
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,120 Ft²
$1,221,179
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Introducing this custom coastal beach home in one of the few remaining areas along the Atlantic shore featuring high-end elegant homes while living is Old Florida beach style. Only 6 houses from the beach, the 2011 built home also offers spectacular 180 degree ocean views from the 2nd & 3rd floors. Special home features include: elevator; eng. wood floors; gourmet kitchen w/gas stove, SS appliances, granite counters & walk-in pantry; wrap around 2nd & 3rd floor porches w/travertine tile floors & southern pine ceilings; quiet aluminum roof & 3 car garage w/workshop. Plantation shutters throughout + all doors & windows are hurricane impact rated. The home is kept comfortable by 2 new HVAC units (2018) w/air scrubbers & there's a gas fireplace for cozy nights.
Unit Size
3,120 Ft²
Days on Market
-
Land Size
-
Price per sqft
$268
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2011

Payment Calculator

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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 (Real MLS #1011955)

Price History

Date / Event Date Event Price
Dec 12, 2019 Sold
Premium
Sold
Aug 20, 2019 Listed by WATSON REALTY CORP $834,900
Listed by WATSON REALTY CORP
Jun 8, 2017 Sold
Premium
Sold

Property Highlights

Garage
Elevator
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,884
  • Total Building Area: 5,979
  • Gross Building Area: 5,979
  • Building Area: 3,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,120
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARINELAND ACRES 2ND ADD
  • Land Acres: 0000000181
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: 2ND ADDITION MARINELAND ACRES BLOCK 11 LOT 17 OR BOOK 100 PAGE 588 OR BOOK 198 PAGE 130 OR 359/416 OR 1671/767 OR 2210/819 OR 2405/262

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Parcel: 39-10-31-4250-00110-0170
  • Block: 11
  • Lot: 17
  • Meridian: SEC 39 TWN 10S RNG 31E
  • Municipality: MARINELAND ACRES DRAINAGE
  • Latitude: 29.6285
  • Longitude: -81.1974

    Address

  • Full Address: 62 Flagler Dr
  • Address - House Number: 62
  • Address - Street Name: Flagler
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palm Coast
  • Carrier Code: R050
  • 4-Digit Zip Code: 2431
  • Zip Code: 32137

Valuation

    Tax

  • Total Area: 5,979
  • Tax Year: 2022
  • Tax Amount: $1,261,075
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 1,292,361
  • High Value: 1,521,085
  • Low Value: 1,063,637

    Market Valuation

  • Market Total Value: $861,916
  • Market Land Value: $218,500
  • Market Improvement Value: $643,416

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $861,916
  • Assessed Land Value: $218,500
  • Assessed Improvements Value: $643,416

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 06, 2019
  • Current Sale Recording Date: Dec 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019046268
  • Previous Sale Recording Date: Jun 08, 2017
  • Previous Sale Contract Date: May 26, 2017
  • Previous Sale Amount: $770,000
  • 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 Flagler

Stats & Trends

Median Asking:

$379,900

Sale Price/ft²

$201

Below Asking

0.03%

Average Days on Market

78

Average Home Size

2061 ft²

Average Home Age

15.6 years

Currently For Sale

2022 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 25 Andover Drive, PALM COAST, FL, 32137

$1,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,156 ft²
25 Andover Drive, PALM COAST, FL, 32137 Listing by James Scollins, Jr

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: KIRK JOHANSON, WATSON REALTY CORP
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1011955
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. Data is deemed reliable but is not guaranteed accurate by NEFMLS. 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 62 Flagler Drive built and last sold?
The property at 62 Flagler Drive was built in 2011 and last sold on Dec 6, 2019 for $775,000.
How much is this home worth?
The estimated value of the home located at 62 Flagler Drive is $0.
What are some comparable homes to 62 Flagler Drive?
There are currently no comparable homes to 62 Flagler Drive.
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