NOT LISTED FOR SALE
2 Beds
2 Baths
2,152 Sq Ft
11,761 Sq Ft Lot

Last Sold October 05, 2021

Last sale price $320,000 $149 Per Sq Ft

11 Days on Market

Highlights

  • Waterfront
  • Tile Flooring
  • 1 Car Garage
  • Canal Access
  • Central Heating and Cooling System
  • 4-minute walk to Sebastian Bark Park

About This Home

As of October 2021

On the canal, this investment property is ready for new owners! Each unit is appx 1076 sq ft, 2 bedrooms/2 baths, each with a one car garage and a screened porch! Roof is 2013! Both units are currently tenant occupied and paying UNDER market value for rental. One unit lease ends on Aug 31, 2021.

Last Agent to Sell the Property

Robin Raiff

The Keyes Company License #3062935 Listed on: 08/24/2021

The Keyes Company

Last Buyer's Agent

Michael Nottage

The Keyes Company License #3376102

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,214

Year Built

  • Built in 2000

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 71x147
  • Waterfront

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • Split Bedroom Floorplan
  • 2,152 Sq Ft Home
  • 1-Story Property
  • Sliding Windows
  • Laundry in Garage

Flooring

  • Carpet
  • Tile

Outdoor Features

  • Canal Access
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV, electricity, trash collection, water
  • The owner pays for common area maintenance, insurance
  • Tax Lot 2
  • Assessor Parcel Number 31381200005509000002.0

Community Details

Overview

  • Sebastian Highlands Subdivision

Building Details

  • 2 Separate Electric Meters
  • Maintenance Expense $5,000
  • Operating Expense $8,974
  • Gross Income $21,900
  • Net Operating Income $12,926

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,214

Year Built

Built in 2000

Lot Details

0.27 Acres

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Lot Size: 71x147
  • Road Surface Type: Paved
  • Subdivision Name: Sebastian Highlands
  • Directions: 512 , Left on Wimbrow
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2000
  • Attribution Contact: 772-571-6114
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Mixed Use
  • Owner Pays: Common Area Maintenance, Insurance
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Split Bedrooms
  • Living Area: 2152.0
  • Stories: 1
  • Window Features: Sliding

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Exterior Features: Rain Gutters
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: None, Gutter(s)
  • Association Name: NA

Lot Info

  • Current Use: Residential
  • Parcel #: 31381200005509000002.0
  • Zoning Description: Multiple
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Trash Collection, Water

Multi Family

  • Annual Gross Income: 21900.0
  • Maintenance Expense: 5000.0
  • Property Net Operating Income: 12926.0
  • Annual Operating Expense: 8974.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 4214.0
  • Tax Lot: 2
  • Tax Year: 2020
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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
10/05/2021 10/05/21 Sold $320,000 +1.6% $149 / Sq Ft
09/05/2021 09/05/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $315,000 +96.3% $146 / Sq Ft
09/13/2013 09/13/13 Sold $160,500 -5.6% $52 / Sq Ft View Prior Sale
07/21/2013 07/21/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $170,000 -- $55 / 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 $7,213 $374,754 $70,864 $303,890
2024 $4,802 $330,237 -- --
2023 $4,802 $303,310 $0 $0
2022 $4,334 $284,798 $55,678 $229,120
2021 $4,626 $266,985 $55,678 $211,307
2020 $4,214 $226,537 $30,370 $196,167
2019 $4,049 $226,537 $30,370 $196,167
2018 $3,922 $222,260 $30,370 $191,890
2017 $3,573 $202,842 $0 $0
2016 $3,131 $152,790 $0 $0
2015 $3,127 $152,790 $0 $0
2014 $2,810 $139,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 246022

APN: 31-38-12-00005-5090-00002.0

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