$300,000
●
Land -
Off Market
Studio
0 Bath
3,920 Ft²
$2,443
Est. Monthly
$485
HOA / Fees
About This Property
Prime Opportunity in Watersong! Discover the potential of this
vacant lot in a gated oceanfront community. Offering sweeping views
of the Intracoastal Waterway and the Atlantic Ocean, this property
is the perfect canvas for your custom Key West-style home. Just a
short stroll from a secluded beach w/ inviting white sands, you'll
find a true sanctuary. Nestled btw Ft. Pierce and Jensen Beach,
this ideal location provides easy access to the best of Florida's
Treasure Coast. Enjoy exclusive a luxurious oceanfront pool. This
isn't just a vacant lot-it's your chance to invest in a lifestyle!
Unit Size
3,920 Ft²
Days on Market
211 days
Land Size
0.09 acres
Price per sqft
$83
Property Type
Land
Property Taxes
$362
HOA Dues
$485
Year Built
-
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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 #280944)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Feb 24, 2025 | In contract | - | |
| In contract | |||
| Jan 24, 2025 | Price Decreased |
$325,000
↓ $25K
(7.1%) | |
| Price Decreased | |||
| Dec 17, 2024 | Price Decreased |
$350,000
↓ $20K
(5.3%) | |
| Price Decreased | |||
| Nov 20, 2024 | Price Decreased |
$369,500
↓ $3K
(0.8%) | |
| Price Decreased | |||
Show More
Property Highlights
Exterior Details
Parcel Number: 253250000340002
Waterfront Features: Beach Access
Home Type: Land
Pool Features: Community
Lot Information: Less Than Quarter Acre
Lot Size Dimensions: 40x100
Lot Size Acres: 0.09
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $76,230
Tax Year: 2023
Tax Annual Amount: $4,343
Utilities Details
Utilities: Cable Not Available, Electricity Available
Location Details
Association Fee Includes: CommonAreas, RecreationFacilities, ReserveFund, Security
Association Fee: $485
Association Fee Frequency: Monthly
Community Features: Pool, Storm Drains
Security Features: Gated Community
Subdivision: Other
Elementary School District: St Lucie County Schools
Middle or Junior School District: St Lucie County Schools
High School District: St Lucie County Schools
Subdivision Name: Other
Directions: Left on Seaway Dr, cont straight to stay on Seaway Dr, 1st exit onto Florida A1A S/S Ocean Dr, Turn left onto Watersong Way, left on Watersong Wy, Destination will be on left
Other Details
Listing Terms: Cash, NewLoan
Comparables
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Status
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Type
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ft²
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Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Similar Homes for Sale
Currently no similar homes around
Listed by: Nicole M Pulcini, Dale Sorensen Real Estate Inc.
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 280944
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 280944
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