Nicely featured units with established tenants. Both tenants are on 1 year leases. Easy to rent with garage and back porch for both units. This is a great income producing investment.
Multi-familyProperty Type
2002Year Built
10,018 sq ftLot Size
$151Est. Price/Sq.Ft.
1 car garageParking
Listed by Dennis Miller• Dale Sorensen Real Estate Inc.
Listed by Claudia Lindarte• Dale Sorensen Real Estate Inc.
Contact: 772-231-4712
Bought with Ashleigh Lovell• Dale Sorensen Real Estate Inc.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
1
Lot width
80 ft.
Lot depth
125 ft.
Lot size
10,019 Sq. Ft.
Year renovated
2002
Sq. Ft.
2,178
Year built
2002
Style
Other
County
Indian River County
APN
31381200005508000013.0
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
RM-8
Medium Density Multiple-Family Residential District
The RM-8 District is established to implement comprehensive plan policies for managing primarily duplex and multiple-family developments on land designated for medium density residential development.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Jan 22, 2019 • Final
Imported
Replace the air conditioning unit.
HVAC
Mar 14, 2002 • Final
Imported
Install electrical systems for a new single-family home.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage/Carport Information
Has Garage
# of Garage Spaces: 1
Parking
Features: Garage
# of Parking (Total): 4
Interior
Laundry Information
Features: In Garage
Interior Features
Unfurnished
Flooring: Tile
Exterior
Building Information
Stories: 1
Stories (Total): 1
Roof Details: Shingle
Construction Details: Block, Concrete, Stucco
Exterior Features
Exterior Features: Patio, Storm/Security Shutters
Patio And Porch Features: Patio
Security Features: Smoke Detector(s)
Land Information
Current Use: Residential
Possible Use: Residential
Lot Information
Lot Size Area: 0.23
Lot Size Acres: 0.23
Lot Size Dimensions: 80x125
Lot Features: < 1/4 Acre
Zoning: ,
Zoning Description: Residential
Financial
Assessments and Fees
Assessed Value: $145,332
Tax Information
Annual Tax Amount: $3,339
Tax Year: 2019
Rental Information
Owner Pays: Grounds Care, Insurance
Tenant Pays: Cable TV, Electricity, Water
Utilities
Utility Information
Sewer: Septic Tank
Water Source: Public
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Central
Location
Multi Unit Information
# Of Separate Electric Meters: 2
Multi Unit Financial Information
Gross Income: $24,000
Operating Expense: $5,223
Insurance Expense: $1,164
Unit Type 1
2 Bedroom
# of Bedrooms: 2
Unit Type 2
2 Bedroom
# of Bedrooms: 2
HOA Information
Association Name: Self managed
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 2,178
Stories: 1.0
Lot Size: 10,019 square feet
Style: Other
Year Built: 2002
Year Renovated: 2002
County: Indian River County
APN: 31381200005508000013.0
Home facts updated by county records on Aug 26, 2026
Around this home
Schools
Sebastian Elementary School
Public PreK-5 • Assigned • 0.6mi
7/10
Storm Grove Middle School
Public 6-8 • Assigned • 6.9mi
7/10
Sebastian River High School
Public 9-12 • Assigned • 3.4mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 106° expected this year, 23 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Sebastian, FL • 32958
Average low and high temperatures (°F)
70
52
75
57
80
63
82
68
88
74
91
75
92
76
91
76
89
76
84
73
79
63
75
59
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$417,000 – $504,000
Reach more buyers when you sell with Redfin. Save up to $4,379 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.