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Micco 32976 Barefoot Bay
642 Papaya Circle
$167,000
● Mobile Manufactured - Off Market

642 Papaya Circle

Barefoot Bay, FL 32976
bedrooms
2 Beds
bathrooms
2 Baths
square feet
828 Ft²
$1,085
Est. Monthly
$81
HOA / Fees
9.60%
Cap Rate

About This Property

Meticulous home features numerous updates, ensuring peace of mind for years to come, featuring an insulated metal roof '21, AC '22, water heater '21, Newer insulated double pane windows, exterior door '21, washer/dryer '22, Freshly painted! The home has been transformed into an inviting coastal retreat. Notably, the front screened porch naturally draws you in inviting you to relax with a book or a cup of coffee as you watch the sunrise. Additionally, the Beautiful new furnishings are included, and a negotiable golf cart to enjoy our resort-style, Barefoot Bay golf cart community!
Unit Size
828 Ft²
Days on Market
64 days
Land Size
-
Price per sqft
$202
Property Type
Mobile Manufactured
Property Taxes
$183
HOA Dues
$81
Year Built
1986

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: 2 years ago (Indian River #283226)

Price History

Date / Event Date Event Price
Jan 30, 2025 Sold
Premium
Sold
Dec 28, 2024 In contract -
In contract
Dec 8, 2024 Price Decreased $167,000
↓ $11K (6.3%)
Price Decreased
Nov 27, 2024 Listed by Keller Williams Realty of VB $178,250
Listed by Keller Williams Realty of VB
Aug 2, 2021 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 385
  • Parking Space Count: 1
  • Patio Type: 38
  • Porch Type: 77
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 500
  • Total Building Area: 828
  • Gross Building Area: 828
  • Building Area: 828
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 828
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAREFOOT BAY UNIT 1
  • Land Acres: 0000000090
  • Standard Land Use Code: 1006
  • County Land Use Code: 0213
  • State Land Use Code: 002
  • Mobile Home Indicator: T
  • Legal Description 1: BAREFOOT BAY UNIT 1 LOT 16 BLK 21

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 065239

Zoning

  • Zoning: TRC1

Geography

  • Assessors Map Reference: 475
  • Account Number: 3007449
  • Parcel: 30-38-15-01-00021.0-0016.00
  • Block: 21
  • Lot: 16
  • Meridian: SEC 15 TWN 30S RNG 38E
  • Municipality: UNINCORP DISTRICT 3
  • Latitude: 27.8757
  • Longitude: -80.5183

    Address

  • Full Address: 642 Papaya Cir
  • Legal Unit: 1
  • Address - House Number: 642
  • Address - Street Name: Papaya
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Sebastian
  • Carrier Code: R007
  • 4-Digit Zip Code: 6857
  • Zip Code: 32976

Valuation

    Tax

  • Total Area: 828
  • Tax Year: 2022
  • Tax Amount: $203,003
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 3400

    Appraisal Valuation

  • Standard Deviation: 0.2188
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 169,618
  • High Value: 206,732
  • Low Value: 132,505

    Market Valuation

  • Market Total Value: $106,430

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $106,430

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021199583
  • Previous Sale Recording Date: May 09, 2006
  • Previous Sale Contract Date: Apr 27, 2006
  • Previous Sale Amount: $60,000
  • 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 Barefoot Bay

Stats & Trends

Median Asking:

$172,500

Sale Price/ft²

$155

Below Asking

0.03%

Average Days on Market

50

Average Home Size

1266 ft²

Average Home Age

30.4 years

Currently For Sale

7 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 706 Hyacinth Circle, Barefoot Bay, FL, 32976

$1,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,062 ft²
706 Hyacinth Circle, Barefoot Bay, FL, 32976 Listing by Kevin Douglas Emmons
Unit for rent at 7597 Cedar Bark Road, Micco, FL, 32976

$1,700 /mo

  • 2 Beds
  • 2 Baths
  • 902 ft²
7597 Cedar Bark Road, Micco, FL, 32976 Listing by Linda M Craig

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Susan A Johnson, Keller Williams Realty of VB
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 283226
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 642 Papaya Circle built and last sold?
The property at 642 Papaya Circle was built in 1986 and last sold on Jul 30, 2021 for $132,000.
How much is this home worth?
The estimated value of the home located at 642 Papaya Circle is $166,078.
What are some comparable homes to 642 Papaya Circle?
There are currently no comparable homes to 642 Papaya Circle.
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