NOT LISTED FOR SALE
-- Bed
-- Bath
1,248 Sq Ft
14,810 Sq Ft Lot

Last Sold January 05, 2022

Last sale price $150,000 $120 Per Sq Ft

Highlights

  • Tile Flooring
  • No Heating
  • 1-Story Property
  • Multiple cooling system units

About This Home

As of January 2022

Low priced CBK duplex in Wabasso. 2/1's on each side with separate electric meters. Newer septic system in place. Currently rented for $650 & $750, long term tenants. Could use some renovating & TLC - the roof is definitely due for replacement in the near future too, but the potential for even better cash flow is strong! 8% return currently with an upside potential!!

Last Agent to Sell the Property

Steve Rennick

Rennick Real Estate License #3058135 Listed on: 01/05/2022

Last Buyer's Agent

Steve Rennick

Rennick Real Estate License #3058135 Listed on: 01/05/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $846

Year Built

  • Built in 1965

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • Multiple cooling system units
  • No Heating
  • Septic Tank

Community Details

  • 3 Separate Electric Meters
  • Insurance Expense $2,000
  • Maintenance Expense $480
  • Operating Expense $3,326
  • Gross Income $16,800
  • Net Operating Income $13,474

Listing and Financial Details

  • Assessor Parcel Number 31392900000500000104.0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$846

Year Built

Built in 1965

Lot Details

0.34 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Lot Size: 100x150
  • Subdivision Name: Other
  • Directions: From US-1, head west on CR 510, then turn north on 63rd Ave to # 8618.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1965
  • Attribution Contact: 772-562-5015
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Mixed Use
  • Fireplace: No
  • Flooring: Tile
  • Living Area: 1248.0
  • Stories: 1
  • Window Features: None, Single Hung

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Exterior Features: None
  • Roof: Shingle

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: None
  • Cooling: 3+ Units
  • Heating: None
  • Heating Yn: No
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: N/A

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Current Use: Residential
  • Parcel #: 31392900000500000104.0
  • Zoning Description: Multiple
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 16800.0
  • Insurance Expense: 2000.0
  • Maintenance Expense: 480.0
  • Property Net Operating Income: 13474.0
  • Annual Operating Expense: 3326.0
  • Number Of Separate Electric Meters: 3

Tax Info

  • Tax Annual Amount: 846.0
  • Tax Year: 2021
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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
01/05/2022 01/05/22 Sold $150,000 -9.1% $120 / Sq Ft
01/05/2022 01/05/22 For Sale $165,000 +729.1% $132 / Sq Ft
03/30/2015 03/30/15 Sold $19,900 -33.4% $16 / Sq Ft View Prior Sale
02/28/2015 02/28/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $29,900 -- $24 / 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 $2,627 $136,234 $24,990 $111,244
2024 $1,991 $125,710 $19,635 $106,075
2023 $1,991 $122,363 $14,994 $107,369
2022 $927 $53,698 $8,568 $45,130
2021 $846 $44,620 $6,783 $37,837
2020 $749 $36,013 $6,783 $29,230
2019 $696 $31,072 $5,355 $25,717
2018 $696 $31,072 $5,355 $25,717
2017 $692 $31,072 $0 $0
2016 $754 $35,360 $0 $0
2015 $778 $35,360 $0 $0
2014 $686 $32,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 248989

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