$475,000
PENDING $14K PRICE DROP

Estimated payment $2,995/month

Total Views 1,155
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Community Basketball Court
  • Laundry closet
  • Central Heating and Cooling System
  • Covered patio or porch
  • Tile Flooring
  • Trails

About This Home

Well-Maintained Duplex in the Heart of Sebastian, a fantastic investment opportunity or perfect multi-generational home! This well-kept duplex offers comfort, convenience, and income potential. Each unit features 3 spacious bedrooms and 2 full bathrooms. Both A/Cs replaced within five years. The property is meticulously maintained, with recent updates to include a metal roof, 2024 and paint 2025, A/Cs and water heaters replaced within 5 years, 1 Unit kitchen replacement, newer appliances. Enjoy bright, open living spaces, updated kitchens. Gross income $3500.00 PM. Tenants hold annual leases.

Last Listed By

Jonathan Starratt

LOKATION Brokerage Phone: 321-446-5406 License #3282162 Listed on: 04/16/2025

LOKATION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,683

Year Built

  • Built in 2003

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Blinds
  • Tile Flooring
  • Fire and Smoke Detector

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 4 Parking Spaces
  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Covered patio or porch
  • Rain Gutters

Additional Features

  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for common area maintenance, grounds care, insurance, taxes, trash collection
  • Tax Lot 3
  • Assessor Parcel Number 31391900001606000003.0

Community Details

Overview

  • Starratt R.Properties Inc Association
  • Sebastian Highlands Subdivision

Recreation

  • Community Basketball Court
  • Trails

Building Details

  • 2 Separate Electric Meters
  • Insurance Expense $4,235
  • Maintenance Expense $2,400
  • Operating Expense $1,673
  • Gross Income $42,000
  • Net Operating Income $25,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,683

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: .21
  • Professional Management Expense: 4200.0
  • Subdivision Name: Sebastian Highlands
  • Directions: US -1 to Schuman Dr. left on Empress Ave. Property on left. For most accurate results utilize GPS.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2003
  • Attribution Contact: 321-446-5406
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Residential
  • Owner Pays: Common Area Maintenance, Grounds Care, Insurance, Taxes, Trash Collection
  • Fireplace: No
  • Flooring: Tile
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Exterior Features: Fence, Porch, Rain Gutters
  • Patio And Porch Features: Covered, Porch
  • Roof: Metal

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Basketball Court, Sidewalks, Trails/Paths, Gutter(s)
  • Association Name: Starratt R.Properties Inc

Lot Info

  • Current Use: Residential
  • Parcel #: 31391900001606000003.0
  • Zoning Description: Multiple
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Air Conditioning, Cable TV, Electricity, Water

Multi Family

  • Annual Gross Income: 42000.0
  • Insurance Expense: 4235.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 25260.0
  • Annual Operating Expense: 1673.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 5683.0
  • Tax Lot: 3
  • Tax Year: 2024

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
05/22/2025 05/22/25 Pending -- -- --
05/09/2025 05/09/25 Price Changed $475,000 -2.9% --
04/16/2025 04/16/25 For Sale $489,000 +217.5% --
02/17/2015 02/17/15 Sold $154,000 -5.2% $50 / Sq Ft
01/18/2015 01/18/15 Pending -- -- --
10/24/2014 10/24/14 For Sale $162,500 -- $53 / Sq Ft
Source: REALTORS® Association of Indian River County

Source: REALTORS® Association of Indian River County

MLS Number: 287415

APN: 31-39-19-00001-6060-00003.0