Concrete-Block
For Sale
$479,000
Ab-106 Marsh St, Sebastian, FL 32958
Separate utilities serve the two residences, and the property has no HOA.
Property Size2,378 SF
Price / SF$201.43
Days on Market21
Property Features for Ab-106 Marsh St
General Information
Standard status
Active
Size
2,378 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Individually Metered Utilities
unspecified utilities
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$6,948
Building Details
Buildings
1
Construction
concrete-block
Listing Agency:
LOKATION
(954) 545-5583
Listed By:
Jonathan F Starratt · License #3282162
(321) 446-5406
Source:
Exprealty
Added: Oct 13
Changed: Nov 1
Last Checked: Nov 1 at 2:53PM
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 LOKATION
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Sebastian duplex contains two 3-bedroom, 2-bath residences, each approximately 1,150 square feet. Concrete-block construction is complemented by PGT impact-resistant windows and doors, a metal roof, and recent exterior painting. One unit has an updated kitchen. Each residence has separate utilities, and there is no HOA.
Key Highlights
- Two 3‑bedroom, 2‑bath units, each approximately 1,150 square feet
- Concrete‑block construction with PGT impact‑resistant windows and doors
- Metal roof and fresh exterior paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,458
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,160
$549.2K
Cap Rate 7%
$392,257
$392.3K
Cap Rate 9%
$305,089
$305.1K
Market Conditions
NOI Build-Up for 2,378 SF
Gross rent
$41.4K $17.40/SF
− Vacancy
−$2.2K −$0.90/SF
EGI
$39.2K $16.50/SF
− OpEx
−$11.8K −$4.95/SF
NOI
$27.5K $11.55/SF
Area
Indian River County, FL
Vacancy
5.20%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,160
Cap Rate 7%
$392,257
Cap Rate 9%
$305,089
Alternative Uses
Best Use
Multifamily LT 5
$392.3K
$343.2K – $457.6K
NOI $27,458 @ 7.0% cap · market cap 5.73%
Second Best
Apartment 5plus
$362.1K
$316.8K – $422.5K
NOI $25,347 @ 7.0% cap · market cap 5.29%
Theoretical Best
Specialty Retail
$521.5K
$456.3K – $608.4K
NOI $36,505 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Explore this area
Business Placement
Demographics for 32958, FL
28,619
Population
15,512
Households
1.8
Avg Household Size
58
Median Age
29%
College-Educated
92%
High-School Grad
27.9 sq mi
ZIP Area
1,026
Density / Sq Mi
$68,276
Median Household Income
$37,412
Median Earnings
$1,388
Median Rent
$279,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate utilities serve the two residences, and the property has no HOA.
Where is this duplex located?
The property is located at Ab-106 Marsh St Sebastian, FL.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bath units, each approximately 1,150 square feet; Concrete‑block construction with PGT impact‑resistant windows and doors; Metal roof and fresh exterior paint
