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Satellite Beach 32937
718 Hibiscus Drive
$218,000
● House - Off Market

718 Hibiscus Drive

Satellite Beach, FL 32937
bedrooms
3 Beds
bathrooms
2 Baths
$412,956
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model

About This Property

Beachside beauty 3 blocks to the beach!   This 3 bedroom 2 bath has 1800 living square feet under air (property appraiser's website does not reflect sunroom off the living room).  Deck off the master bedroom great for entertaining.  Also features a screened in porch.  Convenient to A1A and the restaurants.   Don't miss this one!!
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #684477)

Price History

Date / Event Date Event Price
Apr 21, 2014 Sold
Premium
Sold
Dec 10, 2013 Listed by RE/MAX Alternative Realty $218,900
Listed by RE/MAX Alternative Realty
Oct 26, 2006 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • 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: 1
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 17
  • Porch Type: 98
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,513
  • Gross Building Area: 2,513
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,620
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAU GALLIE BY THE SEA
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: EAU GALLIE BY THE SEA LOT 5 & S 1/2 OF LOT 4 BLK 18

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066600

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: 270
  • Account Number: 2706434
  • Parcel: 27-37-01-50-00018.0-0004.00
  • Block: 18
  • Lot: 4
  • Meridian: SEC 01 TWN 27S RNG 37E
  • Municipality: SATELLITE BEACH
  • Latitude: 28.1605
  • Longitude: -80.5895

    Address

  • Full Address: 718 Hibiscus Dr
  • Address - House Number: 718
  • Address - Street Name: Hibiscus
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Satellite Beach
  • Carrier Code: C039
  • 4-Digit Zip Code: 2514
  • Zip Code: 32937

Valuation

    Tax

  • Total Area: 2,056
  • Tax Year: 2022
  • Tax Amount: $311,823
  • Tax Rate Code Area: 41M0

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 66
  • Final Value: 516,757
  • High Value: 641,645
  • Low Value: 391,870

    Market Valuation

  • Market Total Value: $383,750

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $204,980

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 17, 2014
  • Current Sale Recording Date: Apr 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014078493
  • Previous Sale Recording Date: Oct 26, 2006
  • Previous Sale Contract Date: Oct 25, 2006
  • Previous Sale Amount: $285,000
  • 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 Satellite Beach

Stats & Trends

Median Asking:

$539,900

Sale Price/ft²

$295

Below Asking

0.03%

Average Days on Market

63

Average Home Size

1834 ft²

Average Home Age

21.4 years

Currently For Sale

94 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 116 Royal Palm Avenue, Indian Harbour Beach, FL, 32937

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,601 ft²
116 Royal Palm Avenue, Indian Harbour Beach, FL, 32937 Listing by Schuyler Myles Schrader
Unit for rent at 18 Marina Isles Boulevard, Indian Harbour Beach, FL, 32937

$2,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,276 ft²
18 Marina Isles Boulevard #105, Indian Harbour Beach, FL, 32937 Listing by Rick Drouin
Unit for rent at 302 Emerald Place E, Indian Harbour Beach, FL, 32937

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
302 Emerald Place E, Indian Harbour Beach, FL, 32937 Listing by Alexander Warner

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Wendy Handy, RE/MAX Alternative Realty
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 684477
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 718 Hibiscus Drive built and last sold?
The property at 718 Hibiscus Drive was built in 1978 and last sold on Apr 17, 2014 for $218,000.
How much is this home worth?
The estimated value of the home located at 718 Hibiscus Drive is $221,089.
What are some comparable homes to 718 Hibiscus Drive?
There are currently no comparable homes to 718 Hibiscus Drive.
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