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Indian River 32967
7866 103rd Avenue
$47,900
● Land - Off Market

7866 103rd Avenue

Vero Beach, FL 32967
bedrooms
Studio
bathrooms
0 Bath
$259
Est. Monthly
29.49%
Cap Rate

About This Property

Perfect lot to build the home you've dreamed about in an established quiet neighborhood. No HOA so bring your toys. Close to schools, shopping, Publix and the Indian River.
Unit Size
-
Days on Market
27 days
Land Size
0.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
$23
HOA Dues
-
Year Built
-

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: 3 years ago (Indian River #281798)

Price History

Date / Event Date Event Price
Oct 28, 2024 Sold
Premium
Sold
Oct 15, 2024 In contract -
In contract
Oct 1, 2024 Listed by Alex MacWilliam, Inc. $47,900
Listed by Alex MacWilliam, Inc.
Mar 28, 2005 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 750
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: VERO LAKE ESTATES UNIT R
  • Land Acres: 0000000220
  • Standard Land Use Code: 8001
  • County Land Use Code: 0000
  • State Land Use Code: 00
  • Legal Description 1: VERO LAKE ESTATES UNIT R BLK B LOT 30 PBI 6-51

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050903

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 31-38-33-00008-0020-00030.0
  • Block: B
  • Lot: 30
  • Meridian: SEC 33 TWN 31S RNG 38E
  • Municipality: UNINCORPORATED
  • Latitude: 27.7375
  • Longitude: -80.5377

    Address

  • Full Address: 7866 103rd Ave
  • Legal Unit: R
  • Address - House Number: 7866
  • Address - Street Name: 103rd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R025
  • 4-Digit Zip Code: 6617
  • Zip Code: 32967

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,285
  • Tax Rate Code Area: 3C

    Market Valuation

  • Market Total Value: $20,400
  • Market Land Value: $20,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,400
  • Assessed Land Value: $20,400

    Sales

  • Current Sale Contract Date: Mar 11, 2005
  • Current Sale Recording Date: Mar 28, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1630632
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 Indian River

Stats & Trends

Median Asking:

$389,500

Sale Price/ft²

$230

Below Asking

0.03%

Average Days on Market

85

Average Home Size

1963 ft²

Average Home Age

28.3 years

Currently For Sale

1520 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

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RAIRC

Listed by: Kevin Crofton, Alex MacWilliam, Inc.
Last Updated: 3 years ago
Data Source: RAIRC, MLS# 281798
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 7866 103rd Avenue built and last sold?
The property at 7866 103rd Avenue was built in and last sold on Mar 11, 2005 for $48,000.
How much is this home worth?
The estimated value of the home located at 7866 103rd Avenue is $0.
What are some comparable homes to 7866 103rd Avenue?
There are currently no comparable homes to 7866 103rd Avenue.
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