NOT LISTED FOR SALE

225 N Flagler Ave Unit 1-6 Flagler Beach, FL 32136

Estimated Value: $1,287,000 - $1,398,065

-- Bed
-- Bath
-- Sq Ft
0.28 Acres

Last Sold July 10, 2020

Last sale price $915,000

Est. 46% increase in value since last sale

Current estimated payment $8,322/month

550 Days on Market

Highlights

  • Home fronts a canal
  • Fireplace
  • Property is near shops
  • Old Kings Elementary School Rated A-
  • Concrete Block With Brick
  • Central Heating and Cooling System

About This Home

As of July 2020

Investment opportunity, Waterfront multi family w/water views, luxurious FL living w/income potential. Own direct canal front property on 1 of the widest canal in Flagler Beach. 100’ on water w/concrete seawall installed along canal frontage in 2008 (cost $21,000). Waterfront apt building located 3 blocks to the ocean & short distance to downtown Flagler Beach, restaurant, Flagler Pier, Veterans Park, & more. Endless possibilities. Live in main unit, 2400 sq ft completely updated while receiving income from the other 5 units, which offers a quiet retreat for tenants 3 blocks from beach. The lg ground floor unit offers 4BR,4BA, updated kitchen w/granite countertops, lg pantry, stainless appliances. All new windows. Sit back & relax in lg living room overlooking canal. Building is solid masonry construction. New roof(2003). New windows(Apt 1&5, 2018). 5 units have a patio or open deck overlooking canal. Ample parking. Sm coin operated laundry rm for tenant use & extra income.

Last Agent to Sell the Property

Joseph Tavolacci

Tavolacci Realty, Inc. Listed on: 10/25/2018

Last Buyer's Agent

CORNELIA DOWNING MANFRE

First Coast Sotheby's International Realty

First Coast Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,806

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 100x120
  • Home fronts a canal
  • Rectangular Lot

Parking

  • Private Parking

Home Design

  • Concrete Block With Brick

Interior Spaces

  • Ceiling Fan
  • Fireplace
  • Window Treatments

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Additional Features

  • Property is near shops
  • Central Heating and Cooling System

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 12-12-31-2425-00630-0080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,806

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Additional Marketing: Yes
  • Class: Multifamily
  • Construction: Concrete Block
  • Extras: Ceiling Fan, Dishwasher, Disposal, Fireplace, Microwave, Parking, Range, Refrigerator, Shopping Near, Window Treatments
  • Heat: Central, Electric
  • Legal Description: FLAGLER HARBOR SUB DIV BLOCK 63 LOTS 8 & 9
  • Location: Canal Front
  • Low Tide Depth: 3-6 Feet
  • Lvt Date: 10/25/2018
  • Navigable: Yes
  • Public Comments: Yes
  • Type Of Property: Apartments (5+ Units)
  • Waste: Sewer
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Waterfront Type: Canal Front
  • Waterfront: Yes

Utilities

  • Air Conditioner: Central, Electric
  • Water: City
  • Utilities Included: Water

Lot Info

  • Lot Size: 100x120
  • Lot Type: Regular
  • Zoning: Multi
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12-12-31-2425-00630-0080
  • Taxes: 8806
  • Tax Year: 2017

Multi Family

  • Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2018
Closed on
Jul 10, 2020
Sold by
Young Samuel A and Young Sherley S
Bought by
Leopard Properties Group Llc
Seller's Agent
Joseph Tavolacci
Tavolacci Realty, Inc.
Buyer's Agent
CORNELIA DOWNING MANFRE
First Coast Sotheby's International Realty
List Price
$1,175,000
Sold Price
$915,000
Premium/Discount to List
-$260,000
-22.13%
Current Estimated Value
$1,332,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,022
Avg. Annual Appreciation
5.19%
Original Mortgage
$550,000
Outstanding Balance
$309,885
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$876,629
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Leopard Properties Group Llc $915,000 Flagler County Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leopard Properties Group Llc $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $915,000 -22.1% --
04/27/2020 04/27/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $1,175,000 +28.4% --
11/16/2019 11/16/19 Off Market $915,000 -- --
03/02/2019 03/02/19 Price Changed $1,175,000 -2.1% --
10/25/2018 10/25/18 For Sale $1,200,000 -- --
Source: St. Augustine and St. Johns County Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $12,762 $635,711 $220,000 $415,711
2023 $12,762 $647,125 $220,000 $427,125
2022 $12,530 $630,630 $220,000 $410,630
2021 $12,938 $638,023 $220,000 $418,023
2020 $9,155 $449,423 $160,000 $289,423
2019 $9,355 $448,083 $160,000 $288,083
2018 $8,758 $415,774 $150,000 $265,774
2017 $8,806 $426,973 $150,000 $276,973
2016 $8,225 $373,982 $0 $0
2015 $7,224 $339,984 $0 $0
2014 $6,858 $332,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Tavolacci

    Seller's Agent in 2020

    Joseph Tavolacci

    Tavolacci Realty, Inc.

    (386) 931-5010

    36 in this area

    100 Total Sales

    Joseph Tavolacci
    Section Image

  • C

    Buyer's Agent in 2020

    CORNELIA DOWNING MANFRE

    First Coast Sotheby's International Realty

    Section Image
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Map

Source: St. Augustine and St. Johns County Board of REALTORS®

MLS Number: 182830

St. Augustine and St. Johns County Board of REALTORS®

APN: 12-12-31-2425-00630-0080

Florida Flagler County Flagler Beach 32136

225 N Flagler Ave Unit 1-6, Flagler Beach, FL

This home is located at 225 N Flagler Ave Unit 1-6, Flagler Beach, FL 32136 since 25 October 2018 and is currently estimated at $1,332,022. This property was built in 1975. 225 N Flagler Ave Unit 1-6 is a home located in Flagler County with nearby schools including Old Kings Elementary School, Buddy Taylor Middle School, and Flagler-Palm Coast High School.

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Information is deemed reliable but not guaranteed.
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St. Johns County Board of REALTORS®. All rights reserved.

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