NOT LISTED FOR SALE

9150 44th Ave Unit 13 Sebastian, FL 32958

Wabasso Neighborhood
-- Bed
1 Bath
2,985 Sq Ft
0.76 Acres

Last Sold May 28, 2015

Last sale price $370,000 $124 Per Sq Ft

174 Days on Market

Highlights

  • Access To Intracoastal Waterway
  • Tile Flooring
  • No Heating
  • River Front
  • 3 Car Garage
  • 1-Story Property

About This Home

As of May 2015

A lot of upside potential with this direct River Front property! Currently used as a income producing 5 plex with private dock. Has a 6.29% cap rate assuming a 5% vac rate at the current income. Must make an appointment, do NOT disturb the tenants.

Last Agent to Sell the Property

wendy browning

Weichert REALTORS Hallmark-VB License #3112709 Listed on: 11/04/2014

Weichert REALTORS Hallmark-VB

Last Buyer's Agent

Vance Brinkerhoff

Coldwell Banker Paradise License #0686238

Coldwell Banker Paradise

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 223.28x147
  • River Front

Parking

  • 3 Car Garage
  • Off-Street Parking

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 1-Story Property

Flooring

  • Tile
  • Vinyl

Outdoor Features

  • Access To Intracoastal Waterway
  • Canal Access

Utilities

  • No Heating
  • Well
  • Septic Tank

Community Details

  • 6 Separate Electric Meters
  • Insurance Expense $2,897
  • Operating Expense $11,858
  • Gross Income $39,000
  • Net Operating Income $27,142

Listing and Financial Details

  • Assessor Parcel Number 31392800000001000011.0

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 223.28x147
  • Subdivision Name: OTHER
  • Directions: US1, EAST ON 510, NORTH ON 44TH AVE (MASSEY ROAD)
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1959
  • Attribution Contact: 772-231-8480
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Stories: 1
  • Window Features: None, Single Hung

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: None
  • Waterfront Features: Canal Access, Intracoastal Access, River Front
  • Waterfront: Yes
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: None
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Three Car Garage, Off Street, Three or more Spaces
  • Total Parking Spaces: 6.0

Utilities

  • Heating: None, Other
  • Heating Yn: No
  • Sewer: Septic Tank
  • Water Source: Well
  • Annual Utilities Expense: 600.0

Condo/Co-op/Association

  • Community Features: None

Lot Info

  • Parcel #: 31392800000001000011.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 39000.0
  • Insurance Expense: 2897.0
  • Property Net Operating Income: 27142.0
  • Annual Operating Expense: 11858.0
  • Number Of Separate Electric Meters: 6

Tax Info

  • Tax Year: 2012

Range of Values:

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Average Value
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List Price
Sold Price
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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
05/28/2015 05/28/15 Sold $370,000 -7.5% $124 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
11/04/2014 11/04/14 For Sale $400,000 0.0% $134 / Sq Ft
05/29/2013 05/29/13 For Rent $450 0.0% --
05/29/2013 05/29/13 Rented $450 0.0% --
03/11/2013 03/11/13 For Rent $450 0.0% --
03/11/2013 03/11/13 Rented $450 0.0% --
12/10/2012 12/10/12 For Rent $450 0.0% --
12/10/2012 12/10/12 Rented $450 -- --
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 150633

APN: 31-39-28-00000-0010-00011.0