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Sebastian 32958
974 Dolphin Avenue
$325,000
● House - Off Market

974 Dolphin Avenue

Sebastian, FL 32958
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,343 Ft²
$1,966
Est. Monthly
7.48%
Cap Rate

About This Property

Don't miss this great opportunity! 3-bed, 2-bath pool home loaded with updates, including a 2023 metal ROOF, 2025 appliances, 2024 HVAC, washer/dryer, most windows are impact glass, re-piped with PEX, 2021 water heater, 2018 garage door and opener, and 2016 drain field. Enjoy the screened lanai, fenced yard, and a huge storage shed for added convenience. Move-in ready and perfect for relaxing or entertaining. This home offers comfort, value, and peace of mind! Great location on a quiet street. Close to all the fun & exciting stuff Sebastian has to offer. Can be sold turnkey. szsaprxsubtoerr
Unit Size
1,343 Ft²
Days on Market
56 days
Land Size
0.23 acres
Price per sqft
$245
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1981

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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 years ago (Indian River #287439)

Price History

Date / Event Date Event Price
Jun 16, 2025 Sold
Premium
Sold
May 19, 2025 In contract -
In contract
Apr 21, 2025 Listed by Dale Sorensen Real Estate Inc. $329,000
Listed by Dale Sorensen Real Estate Inc.
Apr 11, 2016 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • 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: 220
  • Parking Space Count: 1
  • Patio Type: 12
  • Porch Type: 36
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,442
  • Gross Building Area: 1,442
  • Building Area: 1,222
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,222
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEBASTIAN HIGHLANDS UNIT 5
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: SEBASTIAN HIGHLANDS UNIT 05 BLK 156 LOT 4 PBI 5-102

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050807

Zoning

  • Zoning: RS-10

Geography

  • Parcel: 31-38-14-00002-1560-00004.0
  • Block: 156
  • Lot: 4
  • Meridian: SEC 14 TWN 31S RNG 38E
  • Municipality: CITY OF SEBASTIAN
  • Latitude: 27.7855
  • Longitude: -80.5017

    Address

  • Full Address: 974 Dolphin Ave
  • Legal Unit: 5
  • Address - House Number: 974
  • Address - Street Name: Dolphin
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Sebastian
  • Carrier Code: R015
  • 4-Digit Zip Code: 5120
  • Zip Code: 32958

Valuation

    Tax

  • Total Area: 1,561
  • Tax Year: 2022
  • Tax Amount: $269,813
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2269
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 284,710
  • High Value: 349,326
  • Low Value: 220,093

    Market Valuation

  • Market Total Value: $180,168
  • Market Land Value: $34,680
  • Market Improvement Value: $145,488

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $180,168
  • Assessed Land Value: $34,680
  • Assessed Improvements Value: $145,488

    Sales

  • Current Sale Contract Date: Apr 07, 2016
  • Current Sale Recording Date: Apr 11, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120160020273
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 Sebastian

Stats & Trends

Median Asking:

$369,900

Sale Price/ft²

$222

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1812 ft²

Average Home Age

26.8 years

Currently For Sale

140 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: Scott A Mazmanian, Dale Sorensen Real Estate Inc.
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 287439
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 974 Dolphin Avenue built and last sold?
The property at 974 Dolphin Avenue was built in 1981 and last sold on Apr 7, 2016 for $115,000.
How much is this home worth?
The estimated value of the home located at 974 Dolphin Avenue is $0.
What are some comparable homes to 974 Dolphin Avenue?
There are currently no comparable homes to 974 Dolphin Avenue.
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