$4,816,112
●
Condo -
Off Market
4 Beds
5 Baths,
1
Half Bath
4,089 Ft²
$25,995
Est. Monthly
$2,383
HOA / Fees
About This Property
AUCTION – SELLER HAS LIFTED THE RESERVE. The current bid
price is $4.3M & the property will sell to the highest bidder at
the conclusion of the auction. The current bid deadline is 9/27 at
1PM EDT. It's not too late to register, don't miss out!
Indulge in the epitome of oceanfront luxury in this 4 bed 4.5 bath
oasis. Embrace the sunrise from the rooftop amenity deck boasting
panoramic ocean views, where the hot tub awaits to soothe your
senses. Every detail exudes sophistication, from the high-end
finishes to the curated decor, ensuring a lifestyle of unparalleled
elegance and comfort
Unit Size
4,089 Ft²
Days on Market
235 days
Land Size
-
Price per sqft
$1,052
Property Type
Condo
Property Taxes
$2,497
HOA Dues
$2,383
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: 3 years ago (Indian River #276063)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | Listed by Dale Sorensen Real Estate Inc. | $4,300,100 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Elevator
Fireplace
Parking Details
Has Garage
Parking Features: Attached, Covered
Garage Spaces: 4
Garage Spaces: 4
Interior Details
Bedrooms: 4
Full Bathrooms: 4
Half Bathrooms: 1
Levels: ThreeOrMore
Interior Features: Wet Bar, Bathtub, Elevator, Garden Tub Roman Tub, High Ceilings, Kitchen Island, Pantry, Walk In Closets
Appliances: Built In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Range, Refrigerator, Trash Compactor, Wine Cooler, Washer
Flooring Type: Tile
Living Area Square Feet Source: Assessor
Doors: Sliding Doors
Laundry Features: Common Area, Laundry Room, Laundry Tub, In Unit
Rooms: 7
Has Fireplace
Fireplaces: 1
Exterior Details
Year Built: 2024
Parcel Number: 32401900042000000007.0
Waterfront Features: Ocean Access, Ocean Front, Beach Access
Home Type: Residential
Architectural Style: Three Story
Roof: Metal
Window Features: Window Treatments
Construction Materials: Block, Concrete
Spa Features: Community, Hot Tub
Pool Features: Pool, Community
Lot Information: Other
Lot Size Dimensions: N/A
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $2,550,000
Tax Year: 2023
Tax Annual Amount: $29,969
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Location Details
Association Fee Includes: CommonAreas, Insurance, MaintenanceStructure, Other, RecreationFacilities, ReserveFund, Security, Water
Association Fee: $2,383
Association Fee Frequency: Monthly
Community Features: Clubhouse, Elevator, Fitness, Trash Chute, Pool
Security Features: Smoke Detectors
Subdivision: Surfsedge
Subdivision Name: Surfsedge
Directions: A1A North of Beachland Boulevard. Past 7/11, just North of Pebble Beach Villas
Other Details
Listing Terms: Cash, NewLoan
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 |
|---|
Similar Homes for Sale
Currently no similar homes around
Listed by: Megan E Longwell Raasveldt, Dale Sorensen Real Estate Inc.
Last Updated: 3 years ago
Data Source: RAIRC, MLS# 276063
Last Updated: 3 years ago
Data Source: RAIRC, MLS# 276063
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