$399,900
UNDER CONTRACT

108 Flint St Unit A-B Sebastian, FL 32958

Sebastian Highlands Neighborhood

Estimated payment $2,575/month

Total Views 439
-- Bed
-- Bath
1,800 Sq Ft
$222 Price per Sq Ft

Highlights

  • Security System Owned
  • Central Heating and Cooling System
  • Vinyl Flooring
  • Shed
  • Fenced
  • 1-Story Property

About This Home

INVESTOR 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!

Listing Agent

Derek Stalhut

EXP Realty, LLC Brokerage Phone: 772-564-1945 License #3435020 Listed on: 10/15/2025

EXP Realty, LLC

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,653

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 10,000
  • Road Surface Type: Paved
  • Professional Management Expense: 4800.0
  • Subdivision Name: Sebastian Highlands
  • Directions: From Schumann Dr Turn East onto Admiral Circle then North onto Flint St. Fourth property on the East side of the street.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1990
  • Attribution Contact: 772-564-1945
  • Special Features: UnderContract
  • Stories: 1

Interior Features

  • Furnished: Negotiable
  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl
  • Living Area: 1800.0
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Exterior Features: Fence, Shed
  • Other Structures: Shed(s)
  • Roof: Metal

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Outside
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public
  • Annual Utilities Expense: 4080.0

Condo/Co-op/Association

  • Community Features: None
  • Association Name: Self Managed

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Current Use: Residential
  • Parcel #: 31391900001608000005.0
  • Zoning Description: Residential

Multi Family

  • Annual Gross Income: 48000.0
  • Insurance Expense: 3159.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 31654.0
  • Annual Operating Expense: 16345.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 5653.0
  • Tax Lot: 5
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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

Source: REALTORS® Association of Indian River County

MLS Number: 291896

APN: 31-39-19-00001-6080-00005.0

Florida Indian River County Sebastian 32958 Sebastian Highlands

108 Flint St Unit A-B, Sebastian, FL

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Derek Stalhut
Listing Agent
Derek Stalhut
Section Image
EXP Realty, LLC
(772) 291-0874