NOT LISTED FOR SALE
-- Bed
-- Bath
1,248 Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: January 5, 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

Rennick Real Estate

Last Buyer's Agent

Steve Rennick

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

Rennick Real Estate
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $846

Year Built

  • Built in 1965

Lot Details

  • 14,810 Sq Ft 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Jan 31, 2022
Sold by
Bought by
Seller's Agent
Steve Rennick
Rennick Real Estate
Buyer's Agent
Steve Rennick
Rennick Real Estate
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%

Purchase Details

Closed on
Feb 25, 2014
Sold by
Bought by

Purchase Details

Closed on
Nov 2, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Wabasso, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$150,000 Premier Title
$5,100 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $86,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 248989

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