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South Patrick Shores 32937 Sea Park Homes
650 First Avenue
$242,000
● House - Off Market

650 First Avenue

Satellite Beach, FL 32937
bedrooms
3 Beds
bathrooms
2 Baths
$429,269
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Gorgeous beach side gem only steps from the ocean!!!  Be impressed with all the upgrades including all new plumbing and electrical. Tropical paradise with lush mature landscaping.  Paver back patio with Tiki hut that has power and conduit for TV. Extra wide paver driveway, Graber plantation shutters throughout house, roof 2005, newer TRANE A/C, complete kitchen remodel with solid maple wood cabinets including soft close and pull outs, beautiful stainless appliances.  Beautiful granite and tile work in both kitchen and master bath.  Minutes from PAFB, major highways (A1A, 95, US1).
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$98
HOA Dues
-
Year Built
1956

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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 (Space Coast MLS #733383)

Price History

Date / Event Date Event Price
Oct 16, 2015 Sold
Premium
Sold
Aug 25, 2015 Listed by Coldwell Banker Realty $242,000
Listed by Coldwell Banker Realty
Jun 6, 2000 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 390
  • Parking Space Count: 1
  • Patio Type: 38
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,754
  • Gross Building Area: 1,754
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEA PARK HOMES
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: SEA PARK HOMES LOT 6 BLK 3

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066900

Zoning

  • Zoning: RU111

Geography

  • Assessors Map Reference: 254
  • Account Number: 2608461
  • Parcel: 26-37-26-25-00003.0-0006.00
  • Block: 3
  • Lot: 6
  • Meridian: SEC 26 TWN 26S RNG 37E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2003
  • Longitude: -80.5989

    Address

  • Full Address: 650 1st Ave
  • Address - House Number: 650
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Satellite Beach
  • Carrier Code: C020
  • 4-Digit Zip Code: 2206
  • Zip Code: 32937

Valuation

    Tax

  • Total Area: 1,516
  • Tax Year: 2022
  • Tax Amount: $299,224
  • Tax Rate Code Area: 4100

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 516,668
  • High Value: 617,094
  • Low Value: 416,241

    Market Valuation

  • Market Total Value: $394,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $249,610

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 15, 2015
  • Current Sale Recording Date: Oct 16, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015204992
  • Previous Sale Recording Date: Jun 06, 2000
  • Previous Sale Contract Date: May 30, 2000
  • Previous Sale Amount: $97,000
  • Previous Sale Document Type: 71

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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 Sea Park Homes

Stats & Trends

Median Asking:

$470,000

Sale Price/ft²

$340

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1279 ft²

Average Home Age

67 years

Currently For Sale

2 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 595 Park Avenue, Satellite Beach, FL, 32937

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,326 ft²
595 Park Avenue #1, Satellite Beach, FL, 32937 Listing by Melissa Berge
Unit for rent at 199 Highway A1a, Satellite Beach, FL, 32937

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,174 ft²
199 Highway A1a #C103, Satellite Beach, FL, 32937 Listing by Ana Garcia
Unit for rent at 159 Queens Court, Satellite Beach, FL, 32937

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,450 ft²
159 Queens Court, Satellite Beach, FL, 32937 Listing by Steven Koleno

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Catherine L Schubert, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 733383
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 650 1st Avenue built and last sold?
The property at 650 1st Avenue was built in 1956 and last sold on Oct 15, 2015 for $242,000.
How much is this home worth?
The estimated value of the home located at 650 1st Avenue is $0.
What are some comparable homes to 650 1st Avenue?
There are currently no comparable homes to 650 1st Avenue.
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