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Indian River 32967
8980 106th Ave
$234,000
● House - Off Market

8980 106th Ave

Vero Beach, FL 32967
bedrooms
3 Beds
bathrooms
2 Baths
$470,843
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

ABSOLUTELY SERENE!! 5 ACRES IN LESS PINE LAKE ESTATES NEAR SEBASTIAN. PEACEFUL AND TRANQUIL. 3/2/2/ WITH ADDITIONAL DETACHED 2 CAR GARAGE. METAL ROOF FOR BOTH HOME AND DETACHED GARAGE, 2 SHEDS. HOME IS A SPLIT BEDROOM PLAN. HUGE BACK PORCH FOR ENTERTAINING WITH HOT TUB. TWO A/C UNITS, TILE THROUGH OUT - FIREPLACE - IMMACULATE AND EASY TO SHOW. ROOM SIZES APPROXIMATE.
Unit Size
-
Days on Market
-
Land Size
5.00 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1984

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 (Space Coast MLS #648360)

Price History

Date / Event Date Event Price
Jul 1, 2013 Sold
Premium
Sold
Aug 14, 2012 Listed by RE/MAX Crown Realty $239,900
Listed by RE/MAX Crown Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 25
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: 12
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Frontage Feet: 2,178,000
  • Total Building Area: 2,301
  • Gross Building Area: 2,776
  • Building Area: 1,729
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,729
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NULL
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: S 330 FT OF N 1650 FT OF W 1/2 OF W 1/2 OF NW 1/4 LESS PINE LAKE ESTATES UNIT 1 OR BK 123 PP 141

Neighborhood

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

Zoning

  • Zoning: RS-1

Geography

  • Parcel: 31-38-28-00000-3000-00011.1
  • Meridian: SEC 28 TWN 31S RNG 38E
  • Municipality: UNINCORPORATED
  • Latitude: 27.7576
  • Longitude: -80.543

    Address

  • Full Address: 8980 106th Ave
  • Legal Unit: 1
  • Address - House Number: 8980
  • Address - Street Name: 106th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R034
  • 4-Digit Zip Code: 3115
  • Zip Code: 32967

Valuation

    Tax

  • Total Area: 2,233
  • Tax Year: 2022
  • Tax Amount: $288,375
  • Tax Rate Code Area: 3C

    Appraisal Valuation

  • Standard Deviation: 0.1892
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 467,657
  • High Value: 556,166
  • Low Value: 379,149

    Market Valuation

  • Market Total Value: $263,835
  • Market Land Value: $148,750
  • Market Improvement Value: $115,085

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $216,173

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 26, 2013
  • Current Sale Recording Date: Jul 01, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120130042992
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:

$389,900

Sale Price/ft²

$230

Below Asking

0.03%

Average Days on Market

86

Average Home Size

1972 ft²

Average Home Age

28.2 years

Currently For Sale

1504 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 7735 101st Court, Vero Beach, FL, 32967

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,954 ft²
7735 101st Court, Vero Beach, FL, 32967 Listing by Cindy Campbell Hawthorne
Unit for rent at 8655 98th Court, Vero Beach, FL, 32967

$2,495 /mo

  • 3 Beds
  • 2 Baths
  • 1,280 ft²
8655 98th Court, Vero Beach, FL, 32967 Listing by Karey Betancur

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Sherri Lynn Sproch, RE/MAX Crown Realty
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 648360
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 8980 106th Avenue built and last sold?
The property at 8980 106th Avenue was built in 1984 and last sold on Jun 26, 2013 for $234,000.
How much is this home worth?
The estimated value of the home located at 8980 106th Avenue is $0.
What are some comparable homes to 8980 106th Avenue?
There are currently no comparable homes to 8980 106th Avenue.
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