$114,660*
●
Condo -
Off Market
8520 Hwy 1 #C7
Micco, FL 32976
2 Beds
2 Baths,
1
Half Bath
882 Ft²
$70,000 - $80,000
Reference Base Price*
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
Low maintenance living! This 1 story condo features an accessible
open floor plan. The Master Bedroom features french doors which
open onto the large Florida Room. Summit Cove offers boat and RV
storage, has a community pool, clubhouse, and shuffle board.
Walking distance to the Indian River, shopping, and dining. This is
a Fannie Mae HomePath property.
The manager has listed the unit size as 882 square feet.
The manager has listed the unit size as 882 square feet.
Unit Size
882 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$88
Property Type
Condo
Property Taxes
$1,051
HOA Dues
$26
Year Built
-
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2019 | Sold | ||
| Sold | |||
| Jun 20, 2019 | No longer available | - | |
| No longer available | |||
| Jun 19, 2019 | Listed | $78,000 | |
| Listed | |||
   | |||
|
Low maintenance living! This 1 story condo features an accessible open floor plan. The Master Bedroom features french doors which open onto the large Florida Room. Summit Cove offers boat and RV storage, has a community pool, clubhouse, and shuffle board. Walking distance to the Indian River, shopping, and dining.
| |||
| Mar 22, 2019 | Relisted | $78,000 | |
| Relisted | |||
| Mar 21, 2019 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/05/2025
|
2 Bed
|
2 Bath
|
1533 ft²
|
$199,900
2 Bed
2 Bath
1533 ft²
|
$132,350
-33.79%
07/08/2026
|
Moraima M Serpa
Paradise Home Finders LLC
| |
|
03/08/2024
|
2 Bed
|
1 Bath
|
882 ft²
|
$159,985
2 Bed
1 Bath
882 ft²
|
-
-
|
Dan M Fast
Billero & Billero Properties
| |
|
02/24/2024
|
2 Bed
|
1 Bath
|
780 ft²
|
$159,000
2 Bed
1 Bath
780 ft²
|
-
-
|
Francine E McElhenny Kidder
RE/MAX Crown Realty
| |
|
09/07/2023
|
2 Bed
|
2 Bath
|
-
|
$167,500
2 Bed
2 Bath
|
-
-
|
Hillary A DiBiasio
Billero & Billero Properties
| |
|
07/18/2023
|
2 Bed
|
2 Bath
|
882 ft²
|
$249,900
2 Bed
2 Bath
882 ft²
|
-
-
|
Chris Arutt
Premium Properties Real Estate
| |
|
05/05/2023
|
2 Bed
|
1 Bath
|
-
|
$249,995
2 Bed
1 Bath
|
-
-
|
Dan M Fast
Billero & Billero Properties
| |
|
12/29/2022
|
2 Bed
|
2 Bath
|
-
|
$189,900
2 Bed
2 Bath
|
-
-
|
Diane Hyland
RE/MAX Crown Realty
| |
|
10/24/2022
|
2 Bed
|
1 Bath
|
-
|
$139,000
2 Bed
1 Bath
|
$132,000
-5.04%
01/11/2023
|
Albert Alvarez
RE/MAX Crown Realty
| |
|
08/25/2022
|
2 Bed
|
1 Bath
|
800 ft²
|
$159,000
2 Bed
1 Bath
800 ft²
|
-
-
|
Steven Fondacaro
Real Estate of Florida
| |
|
03/28/2022
|
1 Bed
|
2 Bath
|
-
|
$165,000
1 Bed
2 Bath
|
-
-
|
Claire H Higgins
Keller Williams Realty of VB
| |
|
02/25/2021
| |
2 Bed
|
1 Bath
|
780 ft²
|
$99,995
2 Bed
1 Bath
780 ft²
|
-
-
|
Stephen Johnson
Coldwell Banker Paradise - Satellite Beach
|
|
02/09/2021
|
2 Bed
|
2 Bath
|
-
|
$125,000
2 Bed
2 Bath
|
-
-
|
J Burklew
Burklew Real Estate
| |
|
06/08/2021
|
2 Bed
|
2 Bath
|
-
|
$125,000
2 Bed
2 Bath
|
$125,000
08/16/2021
|
Kimberly Salmon
RE/MAX Crown Realty
| |
|
02/19/2021
|
2 Bed
|
2 Bath
|
-
|
$94,500
2 Bed
2 Bath
|
$94,500
05/28/2021
|
Becky M Boncek
RE/MAX Crown Realty
| |
|
01/20/2021
|
2 Bed
|
1 Bath
|
-
|
$99,995
2 Bed
1 Bath
|
-
-
|
Joseph J Beaudoin
Coldwell Banker Paradise
| |
|
07/14/2020
|
2 Bed
|
1 Bath
|
-
|
$99,995
2 Bed
1 Bath
|
-
-
|
-
| |
|
09/18/2019
|
2 Bed
|
1 Bath
|
-
|
$87,500
2 Bed
1 Bath
|
-
-
|
-
| |
|
08/21/2019
|
2 Bed
|
1 Bath
|
-
|
$89,900
2 Bed
1 Bath
|
-
-
|
-
| |
|
03/12/2019
|
2 Bed
|
2 Bath
|
882 ft²
|
$78,000
2 Bed
2 Bath
882 ft²
|
-
-
|
-
| |
|
09/27/2017
|
2 Bed
|
2 Bath
|
-
|
$51,500
2 Bed
2 Bath
|
$51,500
11/29/2017
|
Bill Carroll
Classic Homes of Treas Coast
| |
|
12/19/2016
|
2 Bed
|
2 Bath
|
-
|
$62,000
2 Bed
2 Bath
|
$50,000
-19.35%
01/27/2017
|
Geraldine Mize
Barefoot Bay Realty
| |
|
05/25/2016
|
2 Bed
|
1 Bath
|
-
|
$64,900
2 Bed
1 Bath
|
$59,000
-9.09%
08/29/2016
|
Michael R. McLaughlin
Meg Smith & Associates
| |
|
05/21/2014
|
1 Bed
|
2 Bath
|
-
|
$53,700
1 Bed
2 Bath
|
$45,000
-16.20%
07/25/2014
|
Diana Buck
Diana Buck Real Estate, Inc.
| |
|
01/31/2014
| |
2 Bed
|
2 Bath
|
-
|
$29,900
2 Bed
2 Bath
|
$37,000
+23.75%
06/17/2014
|
Caroline Chapman
Space Coast Realty Corp.
|
Building Info
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