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Destin 32541 Holiday Isle
10 Norriego Drive
$700,000
● House - Off Market

10 Norriego Drive

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,068 Ft²
$1,460,898
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

BOATERS PARADISE! Located on a deep water canal, you can be fishing in the Gulf of Mexico in minutes. Two docks (one with a lift) enables you to enjoy all types of boating activities. It is only a short walk to the beach or you can simply choose to soak up the sun around the swimming pool or in the hot tub. The downstairs has one bedroom and a spacious living area that opens onto the pool deck and outdoor living area. Upstairs is a gourmet kitchen and living room and 2 additional bedrooms and bath. The heated tile floors are one of the many luxuries this high quality home has to offer. The many covered and open porches enhance your beach-living while the perfect location of this dream beach cottage will make this home one you don't want to miss!
Unit Size
2,068 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$362
Property Type
House
Property Taxes
-
HOA Dues
$260
Year Built
1968

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (ECAR MLS #592979)

Price History

Date / Event Date Event Price
Nov 13, 2013 Sold
Premium
Sold
Mar 11, 2013 Listed by The Real Estate Market Inc $749,000
Listed by The Real Estate Market Inc

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 520
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,049
  • Lot Size Frontage Feet: 850
  • Total Building Area: 3,921
  • Gross Building Area: 3,921
  • Building Area: 2,068
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,068
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLIDAY ISLE
  • Land Acres: 0000000254
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: HOLIDAY ISLE LOT 9 BLK E

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023303

Geography

  • Assessors Map Reference: 18
  • Parcel: 00-2S-24-2186-000E-0090
  • Block: E
  • Lot: 9
  • Municipality: DESTIN
  • Latitude: 30.386
  • Longitude: -86.494

    Address

  • Full Address: 10 Norriego Rd
  • Address - House Number: 10
  • Address - Street Name: Norriego
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Destin
  • Carrier Code: C004
  • 4-Digit Zip Code: 3010
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,665
  • Tax Year: 2023
  • Tax Amount: $785,888
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 1,068,260
  • High Value: 1,258,680
  • Low Value: 877,840

    Market Valuation

  • Market Total Value: $1,212,985
  • Market Land Value: $791,945
  • Market Improvement Value: $421,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $696,394

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Holiday Isle

Stats & Trends

Median Asking:

$1,225,000

Sale Price/ft²

$542

Below Asking

0.02%

Average Days on Market

81

Average Home Size

2958 ft²

Average Home Age

39.2 years

Currently For Sale

21 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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ECAR

Listed by: Alicelyn W Hudson, The Real Estate Market Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 592979
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 10 Norriego Drive built and last sold?
The property at 10 Norriego Drive was built in 1968 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 10 Norriego Drive is $0.
What are some comparable homes to 10 Norriego Drive?
There are currently no comparable homes to 10 Norriego Drive.
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