NOT LISTED FOR SALE
4 Beds
2 Baths
1,800 Sq Ft
10,000 Sq Ft Lot

Sale Details

Date Sold: December 16, 2025

Last sale price $399,900 $222 Per Sq Ft

11 Days on Market

Highlights

  • Outdoor Living Area
  • Screened Porch
  • Central Heating and Cooling System
  • No HOA
  • Shed
  • Fenced

About This Home

As of December 2025

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. Nicely 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 cash-flow seeking landlord!

Last Agent to Sell the Property

Derek Stalhut

EXP Realty LLC License #3435020 Listed on: 10/15/2025

EXP Realty LLC
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,653

Year Built

  • Built in 1990

Lot Details

  • 10,000 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 1,800 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Screened Porch
  • Vinyl Flooring

Outdoor Features

  • Patio
  • Outdoor Living Area
  • Shed

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 313919000016080000050

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Sebastian Highlands Unit 17 Subdivision

Building Details

  • Gross Income $48,000
  • Net Operating Income $31,655

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,653

Year Built

Built in 1990

Lot Details

10,000 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1990
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 1800.0
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Other
  • Fencing: Fenced
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Patio, Screened
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Multiple Meters

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 313919000016080000050
  • Lot Size Acres: 0.23
  • Lot Size: 80.0 ft x 125.0 ft
  • Mobile Dim Units: Feet
  • Zoning: RM-8

Rental Info

  • Tenant Pays: None

Multi Family

  • Property Net Operating Income: 31654.8
  • Number Of Units Total: 2
  • Annual Gross Income: 48000.0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5653.18

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2025
Closed on
Dec 16, 2025
Sold by
Bought by
Seller's Agent
Derek Stalhut
EXP Realty LLC
List Price
$399,900
Sold Price
$399,900
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Outstanding Balance
$318,046
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2023
Closed on
Sep 21, 2023
Sold by
Bought by
Seller's Agent
Dan Downey
One Sotheby's Int'l Realty
Buyer's Agent
Rick Bettencourt
Engel & Voelkers Vero Beach
List Price
$379,000
Sold Price
$375,000
Premium/Discount to List
-$4,000
-1.06%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Original Mortgage
$300,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2017
Sold by
Bought by

Purchase Details

Listed on
Mar 20, 2015
Closed on
Jul 10, 2015
Sold by
Bought by
Seller's Agent
Richard Van Zyl
Atlantic Shores ERA Powered
Buyer's Agent
Dan Downey
One Sotheby's Int'l Realty
List Price
$110,000
Sold Price
$110,000

Purchase Details

Listed on
Sep 13, 2012
Closed on
Dec 28, 2012
Sold by
Bought by
List Price
$110,000
Sold Price
$60,000
Premium/Discount to List
-$50,000
-45.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.83%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$399,900 None Listed On Document
$375,000 Premier Title
-- Attorney
$110,000 Professional Title Of Indian
$60,000 Professional Title Of Indian
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $319,920
Previous Owner $300,000
Previous Owner $64,396
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11132368

BeachesMLS (Greater Fort Lauderdale)

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

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