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Atlantic Beach 32233 Atlantic Beach
700 PARADISE Lane
$490,000
● House - Off Market

700 PARADISE Lane

Atlantic Beach, FL 32233
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,000 Ft²
$655,605
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

BACK ON THE MARKET.  BUYER'S LOSS YOUR GAIN.  

This home is located in a small, quiet gated enclave in Atlantic Beach. Tree lined streets and Key West style homes await you. This beautiful home is nestled in the back of the community and enjoys the gentle breezes and views of the intracoastal waters. Custom upgrades abound throughout the home including plantation shutters, crown and door molding, gorgeous wood flooring. 10' ceilings with vaulted areas. 42'' custom cabinets with crown molding. 2 NEW AC units for comfort. Kitchen appliances include GE Profile 5 burner gas range, convection oven, microwave,wine cooler and dishwasher with cabinet front panel. Quartz countertops and lovely stone backsplash complete the look in the kitchen.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$250
Property Type
House
Property Taxes
-
HOA Dues
$67
Year Built
2007

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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 #1069564)

Price History

Date / Event Date Event Price
Jan 5, 2021 Sold
Premium
Sold
Aug 21, 2020 Listed by HOVER GIRL PROPERTIES $499,000
Listed by HOVER GIRL PROPERTIES
Jul 11, 2007 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • 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: 456
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,514
  • Total Building Area: 2,900
  • Gross Building Area: 2,900
  • Building Area: 2,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,000
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARADISE PRESERVE
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 57-31 18-2S-29E .17 PARADISE PRESERVE LOT 36

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 013902

Zoning

  • Zoning: APUD

Geography

  • Assessors Map Reference: 9418
  • Parcel: 172376-0225
  • Lot: 36
  • Meridian: SEC 18 TWN 02S RNG 29E
  • Municipality: CITY OF ATLANTIC BEACH
  • Latitude: 30.3379
  • Longitude: -81.4257

    Address

  • Full Address: 700 Paradise Ln
  • Address - House Number: 700
  • Address - Street Name: Paradise
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Atlantic Beach
  • Carrier Code: C051
  • 4-Digit Zip Code: 6954
  • Zip Code: 32233

Valuation

    Tax

  • Total Area: 2,347
  • Tax Year: 2022
  • Tax Amount: $484,516
  • Tax Rate Code Area: USD3

    Appraisal Valuation

  • Standard Deviation: 0.213
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 70
  • Final Value: 673,545
  • High Value: 817,053
  • Low Value: 530,037

    Market Valuation

  • Market Total Value: $512,312
  • Market Land Value: $175,000
  • Market Improvement Value: $337,312

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $329,525

    Sales

  • Current Sale Contract Date: Dec 15, 2020
  • Current Sale Recording Date: Jan 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021001982
  • Previous Sale Recording Date: Jul 11, 2007
  • Previous Sale Contract Date: Jun 15, 2007
  • Previous Sale Amount: $472,700
  • 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:

$732,500

Sale Price/ft²

$441

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2006 ft²

Average Home Age

36 years

Currently For Sale

394 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 798 Main Street, Atlantic Beach, FL, 32233

$2,550 /mo

  • 2 Beds
  • 1 Bath
  • 1,152 ft²
798 Main Street, Atlantic Beach, FL, 32233 Listing by LINDSEY OSTEEN
Unit for rent at 1067 Hibiscus Street, Atlantic Beach, FL, 32233

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,164 ft²
1067 Hibiscus Street, Atlantic Beach, FL, 32233 Listing by INNA BELL
Unit for rent at 511 Camelia Street, Atlantic Beach, FL, 32233

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,144 ft²
511 Camelia Street, Atlantic Beach, FL, 32233 Listing by JON HURM

Rentals Near You

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

Listed by: EARLENE PASCHALL, HOVER GIRL PROPERTIES
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1069564
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 700 Paradise Lane built and last sold?
The property at 700 Paradise Lane was built in 2007 and last sold on Dec 15, 2020 for $490,000.
How much is this home worth?
The estimated value of the home located at 700 Paradise Lane is $0.
What are some comparable homes to 700 Paradise Lane?
There are currently no comparable homes to 700 Paradise Lane.
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