$248,341*
●
Condo -
Off Market
8520 Us 1 #E9
Micco, FL 32976
2 Beds
2 Baths
882 Ft²
$225,000 - $273,000
Reference Base Price*
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Amazing opportunity at Summit Cove Condominium! This 2 Bedroom, 2
Bathroom end unit has been fully remodeled and needs nothing but a
new owner! All new flooring, updated A/C and Electrical,
Beautifully updated kitchen and bathrooms, New ceiling fans ,new
lighting fixtures and an enclosed rear sunroom with a separate,
portable AC that adds lots of additional space! Complex has a
great pool and is located directly across the road from the
beautiful Indian River and the Sebastian Inlet Marina for boat
dockage as well as waterside dining. This is a perfect year round
home or snowbird retreat! Close to Shopping, dining and the water,
This is the perfect place to live the Florida lifestyle! Call
listing agent Chris Arutt today for your private showing.
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
-
Price per sqft
$283
Property Type
Condo
Property Taxes
-
HOA Dues
$460
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 |
|---|---|---|---|
| Sep 29, 2023 | No longer available | - | |
| No longer available | |||
| Jul 18, 2023 | Listed | $249,900 | |
| Listed | |||
| Aug 16, 2021 | Sold | ||
| Sold | |||
| Jun 8, 2021 | Listed | $125,000 | |
| Listed | |||
   | |||
|
WELCOME 2 Our FLORIDA Home! That is what you will be saying to your family & friends, whether you use it full time or 2nd home, 1 thing for sure is that you are going to LOVE IT here. Electric panel updated, Freshly painted, Tile/Laminate & New Carpet, simply said this is MOVE IN READY. Hurricane panels included. Owner is including a NEW in the Box Window A/C unit for the FLORIDA ROOM.
| |||
Property Highlights
Exterior Details
Pool
Comb
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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