New Construction
1167 Schumann Dr Sebastian, FL 32958
1167 Schumann Dr, Sebastian, FL, 32958
$599,000
Pending
For Sale
$599,000
Pending
Updated new-construction duplex option with two 3-bedroom, 2-bath units, each with a 1-car garage.
Property Size2,372 SF
Days on Market108
Property Features for 1167 Schumann Dr
General Information
- Standard status
- Pending
- Size
- 2,372 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 2026
Listing agency
Groza Real Estate Co.
(305) 815-8554
Listed by
Dayan D. Jimenez · License #3237115
Source
Viewfloridabeachhouses
Added: Apr 6 Updated: Jul 22 at 12:47AM Checked: Jul 22 at 4:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Groza Real Estate Co.
Investment Insights
Based on property information with market context.
This offering is an updated option for a new construction duplex delivering in July 2026. Each side is a 3-bedroom, 2-bath layout with a 1-car garage, separate driveways, and tile flooring throughout. Interiors are designed with stone countertops, and the property includes impact windows.
The duplex is served by city water and city sewer. The separate driveways support independent vehicle access for each unit.
Each unit is configured as a complete residence, allowing for flexible occupancy or rental use, depending on the buyer’s plan. Builder warranty plus closing cost or rate buy-down incentives are noted as available with this option.
The duplex is served by city water and city sewer. The separate driveways support independent vehicle access for each unit.
Each unit is configured as a complete residence, allowing for flexible occupancy or rental use, depending on the buyer’s plan. Builder warranty plus closing cost or rate buy-down incentives are noted as available with this option.
Key Highlights
- New construction duplex option scheduled for July 2026 delivery (updated version)
- Two 3‑bedroom, 2‑bath units, each with a 1‑car garage
- Impact windows, tile flooring throughout, and stone countertops in each unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.3k | $17.40 |
| − Vacancy | −$2.7k | −$1.13 |
| EGI | $38.6k | $16.27 |
| − OpEx | −$11.6k | −$4.88 |
| NOI | $27.0k | $11.39 |
2,372 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$385.9K
$337.7K – $450.2K
NOI $27,013 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$346.9K
$303.5K – $404.7K
NOI $24,281 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$625.8K
$547.6K – $730.1K
NOI $43,806 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated new-construction duplex option with two 3-bedroom, 2-bath units, each with a 1-car garage.
Where is this duplex located?
The property is located at 1167 Schumann Dr Sebastian, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: New construction duplex option scheduled for July 2026 delivery (updated version); Two 3‑bedroom, 2‑bath units, each with a 1‑car garage; Impact windows, tile flooring throughout, and stone countertops in each unit
