NOT LISTED FOR SALE
2 Beds
2 Baths
1,617 Sq Ft
10,019 Sq Ft Lot

Last Sold September 29, 2023

Last sale price $365,000 $226 Per Sq Ft

108 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Tile Flooring
  • Central Heating and Cooling System
  • Eat-In Kitchen
  • Sliding Doors
  • 1-Story Property

About This Home

As of September 2023

Duplex! 2 Br, 1 bath apartments, concrete block with metal roof (2013), covered parking. Tile throughout. Hurricane shutters. One side has covered screened porch, other side with patio. Both have utility rooms with laundry hook-ups. Centrally located in Sebastian Highlands - adjacent to dog park with lake and walking trail, close to shopping, library, parks. Both units currently rented. Financials available upon request. Owner FREC Registered.

Last Agent to Sell the Property

Pat Mays

Dale Sorensen Real Estate Inc. License #0703246 Listed on: 06/12/2023

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1974

Lot Details

  • 10,019

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 1,617 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Sliding Doors
  • Tile Flooring
  • Eat-In Kitchen
  • Laundry Located Outside

Parking

  • 2 Parking Spaces
  • Carport
  • Additional Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 84x125

Listing and Financial Details

  • Tenant pays for air conditioning, cable TV, electricity, janitorial service, trash collection, water
  • The owner pays for common area maintenance, grounds care, insurance, taxes
  • Tax Lot 6
  • Assessor Parcel Number 31381200005507000006.0

Community Details

Overview

  • N/A (Self Managed) Association
  • Sebastian Highlands Subdivision

Building Details

  • 2 Separate Electric Meters
  • Insurance Expense $2,976
  • Operating Expense $7,996
  • Gross Income $29,400
  • Net Operating Income $21,404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,400

Year Built

Built in 1974

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 84x125
  • Road Surface Type: Paved
  • Subdivision Name: Sebastian Highlands
  • Directions: South Wimbrow from Sebastian Blvd. (512) to 342.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1974
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Residential
  • Owner Pays: Common Area Maintenance, Grounds Care, Insurance, Taxes
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1617.0
  • Stories: 1
  • Window Features: Single Hung, Window Treatments

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Exterior Features: Enclosed Porch
  • Patio And Porch Features: Porch, Screened
  • Roof: Metal

Garage/Parking

  • Parking Features: Additional Parking, Assigned, Covered, Carport, Two Spaces
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Outside
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deck/Porch, None, Patio
  • Association Name: N/A (self managed)

Lot Info

  • Current Use: Residential
  • Parcel #: 31381200005507000006.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Air Conditioning, Cable TV, Electricity, Janitorial Service, Trash Collection, Water

Multi Family

  • Annual Gross Income: 29400.0
  • Insurance Expense: 2976.0
  • Property Net Operating Income: 21404.0
  • Annual Operating Expense: 7996.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 3400.0
  • Tax Lot: 6
  • Tax Year: 2022
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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 List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Sold $365,000 -2.7% $226 / Sq Ft
07/11/2023 07/11/23 Price Changed $375,000 -1.1% $232 / Sq Ft
06/12/2023 06/12/23 For Sale $379,000 +135.4% $234 / Sq Ft
07/22/2016 07/22/16 Sold $161,000 -8.0% $101 / Sq Ft View Prior Sale
06/22/2016 06/22/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $175,000 0.0% $110 / Sq Ft
08/22/2014 08/22/14 Rented $9,360 +1100.0% --
07/23/2014 07/23/14 Under Contract -- -- --
07/01/2014 07/01/14 For Rent $780 0.0% --
04/04/2013 04/04/13 Sold $69,500 -22.7% $32 / Sq Ft View Prior Sale
03/05/2013 03/05/13 Pending -- -- --
11/13/2012 11/13/12 For Sale $89,900 -- $41 / Sq Ft
Source: REALTORS® Association of Indian River County

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
2025 $5,955 $298,529 $56,466 $242,063
2024 $3,888 $277,612 $43,435 $234,177
2023 $3,888 $201,903 $0 $0
2022 $3,400 $188,194 $36,920 $151,274
2021 $3,267 $179,001 $36,920 $142,081
2020 $2,983 $151,692 $18,243 $133,449
2019 $3,084 $158,986 $23,889 $135,097
2018 $2,879 $140,313 $15,202 $125,111
2017 $2,587 $127,142 $0 $0
2016 $1,570 $69,290 $0 $0
2015 $1,623 $69,320 $0 $0
2014 $1,458 $63,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 269214

APN: 31-38-12-00005-5070-00006.0

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