$975,000
SOLD JUN 10, 2024
-- Bed
-- Bath
3,136 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$311 Per Sq Ft

11% Below List Price

4 Days on Market

Highlights

  • Screened Porch
  • Patio
  • Central Heating and Cooling System
  • Balcony
  • Ceramic Tile Flooring

About This Home

As of June 2024

Explore investment potential with this quadplex just steps from South Hutchinson Island's beach. Currently, three vacancies and one tenant paying $1800/month. Perfect for AirBnB, VRBO, and seasonal rentals. Outside Investment and robust development on the island present an exciting opportunity to grab a piece of one of Florida's fastest growing beach towns.

Last Agent to Sell the Property

John DiGirolomo

LPT Realty, LLC License #3458838 Listed on: 04/23/2024

LPT Realty, LLC

Last Buyer's Agent

John DiGirolomo

LPT Realty, LLC License #3458838 Listed on: 04/23/2024

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,439

Year Built

  • Built in 1986

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,136 Sq Ft Home
  • 2-Story Property
  • Screened Porch

Flooring

  • Carpet
  • Ceramic Tile

Outdoor Features

  • Balcony
  • Patio

Additional Features

  • Lot Dimensions are 70x131
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 240150300920002

Community Details

Overview

  • Association fees include common areas, ground maintenance, maintenance structure, pest control
  • 4 Units
  • Ocean View S/D Re Plat Ho Subdivision

Building Details

  • Operating Expense $14,760
  • Net Operating Income $26,553

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,439

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: A1A to Gulfstream, West to Hernando, South to property on the right.
  • Year Built: 1986
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3136.0

Exterior Features

  • Exterior Features: Balcony, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Balcony, Patio, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Pest Control

Lot Info

  • Parcel #: 240150300920002
  • Lot Size: 70X131
  • Zoning Description: R4A

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 26553.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 14760.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14439.0

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
06/21/2025 06/21/25 For Sale $2,099,000 +115.3% $583 / Sq Ft
06/10/2024 06/10/24 Sold $975,000 -11.4% $311 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $1,100,000 +295.7% $351 / Sq Ft
05/02/2014 05/02/14 Sold $278,000 -7.0% $89 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
10/01/2013 10/01/13 For Sale $299,000 -- $95 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10980978

BeachesMLS

APN: 2401-503-0092-000-2