NOT LISTED FOR SALE

115 3rd Ave Indialantic, FL 32903

Estimated Value: $516,071 - $657,000

4 Beds
3 Baths
1,930 Sq Ft
$305/Sq Ft Est. Value

Sale Details

Date Sold: December 18, 2014

Last sale price $241,000 $125 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,759 / mo

14 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Tile Flooring
  • Indialantic Elementary School Rated A-
  • 2 Car Attached Garage
  • 3-minute walk to James H. Nance Park

About This Home

As of December 2014

Great duplex in the heart of Indialantic. Just a stones throw from the ocean and walking distance to popular restaurants and shops. Each unit has 2 bedrooms, 1 bath, 965 sq ft per side, 1 car garage, laundry room and private porch. The property also includes vacant .11 acres to the west of duplex (tax id 2731128). New owner must honor existing leases which expires 5/2015. The units are mirror images of each other. Unit 115 houses the sprinkler pump in the garage and reason for slightly lower rent than unit 111 and a washer, dryer and portable dishwasher. Unit 111 has new carpet and refrigerator.

Last Agent to Sell the Property

Diane Stigberg

EXIT 1st Class Realty Listed on: 10/13/2014

Last Buyer's Agent

Diane Stigberg

Stanley Homes LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,937

Year Built

  • Built in 1964

Lot Details

  • 10,000 Sq Ft Lot
  • Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,930 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Air
  • Well

Listing and Financial Details

  • The owner pays for grounds care, pest control
  • Assessor Parcel Number 27-38-31-Eo-00025.0-0009.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Indialantic By The Sea Subdivision
  • Maintained Community

Building Details

  • Operating Expense $3,937
  • Gross Income $20,700
  • Net Operating Income $16,763

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,937

Year Built

Built in 1964

Lot Details

10,000 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Reso Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Reso Association Amenities: Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indialantic By The Sea
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • General Property Information Water Frontage Feet: 2
  • General Property Information Water Body Access YN2: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.34
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Sewer Connected, Water Available
  • Cooling Y N: Yes
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 100.0 ft x 100.0 ft
  • Lot Size Sq Ft: 10000.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-38-31-Eo-00025.0-0009.00

Rental Info

  • Owner Pays: Grounds Care, Pest Control

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3936.87

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 3937.0

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

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 13, 2014
Closed on
Dec 16, 2014
Sold by
Bought by
Seller's Agent
Diane Stigberg
EXIT 1st Class Realty
Buyer's Agent
Diane Stigberg
Stanley Homes LLC
List Price
$249,900
Sold Price
$241,000
Premium/Discount to List
-$8,900
-3.56%
Current Estimated Value
$588,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,768
Avg. Annual Appreciation
8.07%

Purchase Details

Closed on
May 21, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- State Title Partners Llp
$241,000 State Title Partners Llp
-- --
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
12/18/2014 12/18/14 Sold $241,000 -3.6% $125 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
10/13/2014 10/13/14 For Sale $249,900 0.0% $129 / Sq Ft
05/22/2014 05/22/14 Rented $850 0.0% --
05/16/2014 05/16/14 Under Contract -- -- --
05/07/2014 05/07/14 For Rent $850 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $7,015 $405,600 -- --
2024 $6,581 $405,600 -- --
2023 $6,581 $390,000 $0 $0
2022 $5,875 $376,200 $0 $0
2021 $5,411 $293,910 $198,000 $95,910
2020 $5,082 $279,920 $170,000 $109,920
2019 $4,689 $254,470 $170,000 $84,470
2018 $4,432 $238,000 $0 $238,000
2017 $3,942 $209,000 $0 $209,000
2016 $3,655 $182,000 $0 $0
2015 $3,638 $174,000 $90,000 $84,000
2014 $3,516 $165,000 $86,000 $79,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Diane Stigberg

    EXIT 1st Class Realty

  • J

    Seller's Agent in 2014

    James Underill

    Downs Investment Properties

See All Agents

Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 708719

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00025.0-0009.00

Florida Brevard County Indialantic 32903

115 3rd Ave, Indialantic, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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