$125,000
●
Condo -
Off Market
8520 1 Highway #E9
Micco, FL 32976
2 Beds
2 Baths
882 Ft²
$143,055
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
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.
Unit Size
882 Ft²
Days on Market
69 days
Land Size
-
Price per sqft
$142
Property Type
Condo
Property Taxes
$103
HOA Dues
$400
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.
Last updated: 2 months ago (Space Coast MLS #907178)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2023 | No longer available | - | |
| No longer available | |||
| Jul 18, 2023 | Listed by Premium Properties Real Estate Services | $249,900 | |
| Listed by Premium Properties Real Estate Services | |||
| | |||
|
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.
| |||
| Aug 16, 2021 | Sold | ||
| Sold | |||
| Jun 8, 2021 | Listed by RE/MAX Crown Realty | $125,000 | |
| Listed by RE/MAX Crown Realty | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Vaulted Ceiling(s)
Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring Type: Carpet, Laminate, Tile
Rooms: 6
Exterior Details
Has Property Attached
Square Footage: 882
Square Footage Source: $0
Security Features: Smoke Detector(s)
Year Built: 1980
Levels: One
Construction Materials: Block, Concrete, Other
Patio and Porch Features: Porch
Pool Features: In Ground
Water Source: Public
Financial Details
Tax Annual Amount: $1,238
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Trash, Water
HOA/Condo/Coop Amenities: Clubhouse, Maintenance Grounds, Maintenance Structure, Pool, Shuffleboard Court, Other
HOA Fee: $400
HOA Fee Frequency: Monthly
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
About Micco
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Listed by: Kimberly Salmon, RE/MAX Crown Realty
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 907178
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.
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 907178
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