Seller's Agent in 2025
Derek Stalhut
EXP Realty, LLC
(772) 257-8000
23 in this area
95 Total Sales
108 Flint St Unit A-B Sebastian, FL 32958
Sebastian Highlands Neighborhood
--
Bed
--
Bath
1,800
Sq Ft
10,019
Sq Ft Lot
Highlights
- Security System Owned
- Central Heating and Cooling System
- Vinyl Flooring
- Shed
- Fenced
- 1-Story Property
About This Home
As of December 2025INVESTOR ALERT! This Sebastian Duplex meets the 1% Rule with two 2 Bed/1 Bath units generating $4,000 in monthly income ($2,000 per unit). This is a turnkey property with an excellent rental history and has been meticulously maintained. Recently renovated units featuring fresh paint, LVP flooring, granite counters, and updated bathrooms. 2016 Metal Roof, 2020 AC Units, & 2018 Water Heaters, 2022 . With PGI of $48,000 minus expenses of $16,345, the Annual NOI is $31,654, yielding a strong 7.92% CAP Rate at the listed price. This is a must-see for any serious cashflow seeking landlord!
Last Agent to Sell the Property
EXP Realty, LLC Brokerage Phone: 772-564-1945 License #3435020 Listed on: 10/15/2025
Last Buyer's Agent
NON-MLS AGENT
NON MLS
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,653
Year Built
- Built in 1990
Lot Details
- 10,019 Sq Ft Lot
- Fenced
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Frame Construction
- Metal Roof
Interior Spaces
- 1,800 Sq Ft Home
- 1-Story Property
- Blinds
- Vinyl Flooring
- Security System Owned
- Laundry Located Outside
Outdoor Features
- Shed
Utilities
- Central Heating and Cooling System
- Septic Tank
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 31391900001608000005.0
Community Details
Overview
- Sebastian Highlands Subdivision
Building Details
- 2 Separate Electric Meters
- Insurance Expense $3,159
- Maintenance Expense $1,200
- Operating Expense $16,345
- Gross Income $48,000
- Net Operating Income $31,654
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/16/2025 12/16/25 | Sold | $399,900 | 0.0% | $222 / Sq Ft | |
| 10/15/2025 10/15/25 | For Sale | $399,900 | +6.6% | $222 / Sq Ft | |
| 09/21/2023 09/21/23 | Sold | $375,000 | -1.1% | -- | View Prior Sale |
| 07/27/2023 07/27/23 | For Sale | $379,000 | +244.5% | -- | |
| 07/16/2015 07/16/15 | Sold | $110,000 | 0.0% | -- | View Prior Sale |
| 06/16/2015 06/16/15 | Pending | -- | -- | -- | |
| 03/20/2015 03/20/15 | For Sale | $110,000 | +83.3% | -- | |
| 12/28/2012 12/28/12 | Sold | $60,000 | -45.5% | -- | View Prior Sale |
| 11/28/2012 11/28/12 | Pending | -- | -- | -- | |
| 09/13/2012 09/13/12 | For Sale | $110,000 | -- | -- |
Source: REALTORS® Association of Indian River County
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,037 | $345,251 | -- | -- |
| 2024 | $3,460 | $323,732 | $34,000 | $289,732 |
| 2023 | $3,460 | $174,925 | $0 | $0 |
| 2022 | $3,106 | $179,481 | $25,500 | $153,981 |
| 2021 | $2,850 | $148,751 | $14,875 | $133,876 |
| 2020 | $2,667 | $135,465 | $20,400 | $115,065 |
| 2019 | $2,463 | $119,476 | $17,000 | $102,476 |
| 2018 | $2,427 | $114,484 | $9,775 | $104,709 |
| 2017 | $2,177 | $105,592 | $0 | $0 |
| 2016 | $2,040 | $94,430 | $0 | $0 |
| 2015 | $1,392 | $57,440 | $0 | $0 |
| 2014 | $1,247 | $52,310 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Derek Stalhut
-
N
Buyer's Agent in 2025
NON-MLS AGENT
NON MLS
-
Dan Downey
Seller's Agent in 2023
Dan Downey
One Sotheby's Int'l Realty
(772) 713-6314
3 in this area
78 Total Sales
-
Rick Bettencourt
R
Buyer's Agent in 2023
Rick Bettencourt
Engel & Voelkers Vero Beach
(772) 643-0889
1 in this area
32 Total Sales
-
Richard Van Zyl
Seller's Agent in 2015
Richard Van Zyl
Atlantic Shores ERA Powered
(772) 538-0276
9 in this area
28 Total Sales
Map
Source: REALTORS® Association of Indian River County
MLS Number: 291896
APN: 31-39-19-00001-6080-00005.0
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