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Atlantic Beach 32233 Atlantic Beach
687 SELVA LAKES Circle
$590,000
● House - Off Market

687 SELVA LAKES Circle

Atlantic Beach, FL 32233
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,935 Ft²
$3,170
Est. Monthly
$125
HOA / Fees
4.76%
Cap Rate

About This Property

LIVE YOUR BEST LIFE IN HIGHLY DESIRABLE ATLANTIC BEACH WITH VERY LOW HOA FEES- $500 A YEAR!! NO CDD FEES! AND BE 2 BLOCKS FROM THE OCEAN!! A perfect family home awaits- complete with hardwood floors and the much needed 2 car garage. Many of the major components have been handled- roof is 2016 and AC is 2020. Fully fenced backyard is perfect for the pets and large enough for a pool!! Master bedroom is located downstairs and provides privacy from the remainder of the house. Upstairs has 3 bedrooms and a separate bathroom. A fully enclosed sunroom allows access off the master bedroom and kitchen. The driveway has pavers!  A great location- across from Jack Russell Park- and right next door to the Fire Station.. An easy bike ride to the Atlantic Beach Town Center and the Beach.
Unit Size
1,935 Ft²
Days on Market
30 days
Land Size
-
Price per sqft
$320
Property Type
House
Property Taxes
-
HOA Dues
$125
Year Built
1996

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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: 6 months ago (Real MLS #1256596)

Price History

Date / Event Date Event Price
Jan 12, 2024 Sold
Premium
Sold
Nov 7, 2023 Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE $620,000
Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE
Sep 10, 1996 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 320
  • Parking Space Count: 3
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,679
  • Total Building Area: 2,396
  • Gross Building Area: 2,396
  • Building Area: 1,935
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,935
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SELVA LAKES UNIT 03
  • Land Acres: 0000000107
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 44-60 16-2S-29E SELVA LAKES UNIT 3 LOT 144

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 013906

Zoning

  • Zoning: APUD

Geography

  • Assessors Map Reference: 9417
  • Parcel: 172027-5880
  • Lot: 144
  • Meridian: SEC 17 TWN 02S RNG 29E
  • Municipality: CITY OF ATLANTIC BEACH
  • Latitude: 30.333
  • Longitude: -81.4057

    Address

  • Full Address: 687 Selva Lakes Cir
  • Legal Unit: 3
  • Address - House Number: 687
  • Address - Street Name: Selva Lakes
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Atlantic Beach
  • Carrier Code: C051
  • 4-Digit Zip Code: 7326
  • Zip Code: 32233

Valuation

    Tax

  • Total Area: 2,118
  • Tax Year: 2022
  • Tax Amount: $262,373
  • Tax Rate Code Area: USD3

    Appraisal Valuation

  • Standard Deviation: 0.1023
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 90
  • Final Value: 637,500
  • High Value: 702,718
  • Low Value: 572,283

    Market Valuation

  • Market Total Value: $438,598
  • Market Land Value: $185,000
  • Market Improvement Value: $253,598

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $197,635

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2023
  • Current Sale Recording Date: Jan 12, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7725
  • Previous Sale Recording Date: Sep 10, 1996
  • Previous Sale Contract Date: Sep 06, 1996
  • Previous Sale Amount: $129,600
  • Previous Sale Document Type: 20
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 Beaches

Stats & Trends

Median Asking:

$729,700

Sale Price/ft²

$445

Below Asking

0.02%

Average Days on Market

59

Average Home Size

1967 ft²

Average Home Age

35.4 years

Currently For Sale

375 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 70 Robert Street, Atlantic Beach, FL, 32233

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 990 ft²
70 Robert Street, Atlantic Beach, FL, 32233 Listing by BARBIE BROOKSHER
Unit for rent at 2201 E Challenger Court E, Jacksonville, FL, 32233

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,035 ft²
2201 E Challenger Court E #2201, Jacksonville, FL, 32233 Listing by DEBORAH BAILEY

Rentals Near You

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

Listed by: DAVID R LANE, KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE
Last Updated: 6 months ago
Data Source: Real MLS, MLS# 1256596
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 687 Selva Lakes Circle built and last sold?
The property at 687 Selva Lakes Circle was built in 1996 and last sold on Dec 28, 2023 for $590,000.
How much is this home worth?
The estimated value of the home located at 687 Selva Lakes Circle is $642,737.
What are some comparable homes to 687 Selva Lakes Circle?
There are currently no comparable homes to 687 Selva Lakes Circle.
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