$235,000
SOLD OCT 17, 2016
-- Bed
-- Bath
2,748 Sq Ft
0.37 Acres

Recently Sold

$86 Per Sq Ft

6% Below List Price

356 Days on Market

Highlights

  • Vaulted Ceiling
  • Enclosed patio or porch
  • Tile Flooring
  • Hurricane or Storm Shutters
  • Laundry closet
  • Sliding Doors

About This Home

As of October 2021

Rare opportunity to own newer duplex 3-BR 2-BA 1-GGE each side. Hurricane panels and hip roof for lower insurance. Attractive open plan interior, large kitchen, oversized screened porch on large .37/acre lot in good area. Tile floors throughout for easy maintenance. Perpetually rented, with long-term tenants both sides. Instant income!

Last Agent to Sell the Property

Cheryl Michel

One Sotheby's Int'l Realty License #3021675

Last Buyer's Agent

Cheryl Michel

One Sotheby's Int'l Realty License #3021675

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,447

Year Built

  • Built in 2006

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,748 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Sliding Windows
  • Sliding Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • Laundry closet

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Additional Features

  • 0.37 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for grounds care, sewer, trash collection, water
  • The owner pays for taxes
  • Tax Lot 5
  • Assessor Parcel Number 31391900001605000005.0

Community Details

Overview

  • Sebastian Highlands Subdivision

Building Details

  • 2 Separate Electric Meters
  • Insurance Expense $1,400
  • Gross Income $22,500
  • Net Operating Income $18,653

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,447

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.37
  • Lot Size: Irreg
  • Co List Office Mls Id: 0333
  • Co List Office Phone: 772-231-9938
  • Subdivision Name: Sebastian Highlands
  • Directions: Schumann to Empress, right on Ormond Court.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2006
  • Attribution Contact: 772-231-9938
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Mixed Use
  • Owner Pays: Taxes
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: High Ceilings, Living/Dining Room, Vaulted Ceiling(s)
  • Living Area: 2748.0
  • Stories: 1
  • Window Features: None, Single Hung, Sliding

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Enclosed Porch, Rain Gutters, Storm/Security Shutters
  • Patio And Porch Features: Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Laundry Closet, In Unit
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deck/Porch, None, Gutter(s)

Lot Info

  • Current Use: Residential
  • Parcel #: 31391900001605000005.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Grounds Care, Sewer, Trash Collection, Water

Multi Family

  • Annual Gross Income: 22500.0
  • Insurance Expense: 1400.0
  • Property Net Operating Income: 18653.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 2447.0
  • Tax Lot: 5
  • Tax Year: 2015

Map

Range of Values:

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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 Change Sq Ft Price
10/01/2021 10/01/21 Sold $385,000 0.0% $140 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $385,000 +63.8% $140 / Sq Ft
10/17/2016 10/17/16 Sold $235,000 -5.6% $86 / Sq Ft
09/17/2016 09/17/16 Pending -- -- --
09/26/2015 09/26/15 For Sale $249,000 -- $91 / Sq Ft
Source: REALTORS® Association of Indian River County

Source: REALTORS® Association of Indian River County

MLS Number: 162758

APN: 31-39-19-00001-6050-00005.0