$550,000
●
House -
Off Market
3 Beds
3 Baths
2,134 Ft²
$2,882
Est. Monthly
About This Property
Just a Block From the Beach! Soaring ceilings and dramatic angles
let the light & ocean breeze spill into this unique home, ready for
your finishing touches. The 3-bed, 3-bath layout includes a
first-floor primary bed/bath, an upstairs bdrm w/private balcony &
a separate in-law suite with its own entrance, deck, living room &
full kitchen. Quiet & serene location on nearly half an acre w/NO
HOA! Large utility rm, backyard shed & 850 sqft of covered parking
for up to 4 vehicles. Remodeling has already been started for you!
Add your personal design touches/color palette. Rm szs
approx&subj2err
Unit Size
2,134 Ft²
Days on Market
155 days
Land Size
0.45 acres
Price per sqft
$269
Property Type
House
Property Taxes
$58
HOA Dues
-
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 #285355)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| May 31, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Price Decreased |
$575,000
↓ $50K
(8%) | |
| Price Decreased | |||
| Feb 10, 2025 | Listed by Dale Sorensen Real Estate Inc. | $625,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
Property Highlights
Air Conditioning
Parking Available
Garage
Parking Details
Parking Features: Additional Parking, Assigned, Attached, Boat, Covered, Carport, Driveway, RV Access/Parking, TwoSpaces
Interior Details
Full Bathrooms: 3
Interior Features: High Ceilings, Vaulted Ceiling(s), SplitBedrooms
Appliances: Cooktop, Dishwasher, Electric Water Heater, Refrigerator, BuiltInOven
Flooring Type: Laminate, Wood
Laundry Features: Laundry Room
Rooms: 11
Exterior Details
Square Footage: 2134
Square Footage Source: $0
Security Features: Closed Circuit Camera(s)
Architectural Style: TwoStory
Year Built: 1990
Waterfront Features: None
Levels: Two
Other Structures: Shed(s)
Window Features: Blinds, Tinted Windows, SingleHung
Construction Materials: Block, Frame, Concrete
Patio and Porch Features: Deck, Patio
Pool Features: None
Lot Features: Few Trees, QuarterToHalfAcreLot
Lot Size Area: 0.45
Lot Size Units: Acres
Lot Size Acres: 0.45
Lot Size Square Feet: 19602
Lot Size Dimensions: 100x197
Tax Lot: 12
Water Source: Well
Financial Details
Tax Assessed Value: $514,870
Tax Annual Amount: $699
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Septic Tank
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 |
|---|
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Listed by: Robin M Burgarella, Dale Sorensen Real Estate Inc.
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 285355
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 285355
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