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Remodeled Condo in Palm Pointe

4600 E MOODY BOULEVARD 7P Bunnell, FL 32110

Claim this Listing
For Sale
$163,900

Remodeled 2 bed, 2 bath condo in growing area.

Type:Condo/Townhome
Property size:
1,035 SF
Lot size:
0.03 Acres
Price / SF:
$158/SF
Added:
Dec 7, 2024
Days on Market:
582
Last Refresh:
Apr 6 at 2:16 am

Property Features for 4600 E MOODY BOULEVARD 7P

General Information

Standard status
Active
Size
1,035 SF
Lot size
0.03 Acres
Property subtype
Condo/Townhome

Building Details

Year Built
2005

Listing office PARKSIDE REALTY GROUP

Listing date Dec 7, 2024

Source Exitrealty

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 PARKSIDE REALTY GROUP


Investment Insights

Based on property information with market context.

This is a remodeled unit featuring 2 bedrooms and 2 bathrooms located in Palm Pointe. The unit faces a preserve, offering privacy. It includes new carpet and laminate flooring, fresh paint, new smoke detectors, granite counters, and a covered balcony patio. The property is situated in a growing area with shops within walking distance and a short drive to BJ's, a hospital, I-95, and US-1. The unit has a size of 1035 square feet. It can be considered as an investment property or personal home.

Key Highlights

  • Remodeled 2 bedroom, 2 bath unit
  • Private unit facing a preserve
  • New carpet and laminate flooring

Local Financial Insights For Apartment 5plus

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 $20.5k $19.80
− Vacancy −$1.2k −$1.15
EGI $19.3k $18.65
− OpEx −$8.7k −$8.39
NOI $10.6k $10.26
1,035 SF · lease $19.80/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$151.7K
$132.7K – $177.0K (±1% cap)
NOI $10,617 @ 7.0% cap · market cap 6.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$248.7K
$217.6K – $290.2K (±1% cap)
NOI $17,410 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bright Event Marketing & Advertising Savannahs Korner (Bike/Boat/Book/etc) Store RSJ Contracting Inc. Construction Company European village Computer & Electronic Repair

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential income property - Remodeled 2 bed, 2 bath condo in growing area.
Where is this residential income property located?
The property is located at 4600 E MOODY BOULEVARD 7P Bunnell, FL.
What is the asking price?
The asking price for this property is $163,900.
What are key features of this property?
This property features: Remodeled 2 bedroom, 2 bath unit; Private unit facing a preserve; New carpet and laminate flooring
Contact an agent
More about this property
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