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Destin 32541 Tuscany
101 Mantero Way
$415,000
● House - Off Market

101 Mantero Way

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,433 Ft²
$2,862
Est. Monthly
$400
HOA / Fees
3.45%
Cap Rate

About This Property

Welcome to this beautifully updated 3-bedroom, 2-bath home, nestled in a private, gated community in the heart of Destin! Located less than a mile from public beach access, this 1-story property offers the perfect combination of convenience and coastal living.

With $27,000 in recent upgrades, the home features energy-efficient foam insulation, fresh exterior paint, a gorgeous new patio pergola, and enhanced landscaping-ideal for relaxing or entertaining outdoors. The interior boasts a thoughtfully designed floor plan that balances comfort and functionality. Just 1.5 miles from Destin Commons, with its premier shopping, dining, and entertainment, this home offers the best of Destin living in a sought-after community. Move-in ready and perfectly located-don't miss out on this gem!
Unit Size
1,433 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$304
Property Type
House
Property Taxes
$325
HOA Dues
$400
Year Built
1996

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #960860)

Price History

Date / Event Date Event Price
Dec 19, 2024 Sold
Premium
Sold
Dec 4, 2024 In contract -
In contract
Oct 8, 2024 Listed by Berkshire Hathaway HomeServices $435,000
Listed by Berkshire Hathaway HomeServices
Feb 23, 2023 Sold
Premium
Sold
Mar 31, 2016 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,374
  • Total Building Area: 1,443
  • Gross Building Area: 1,443
  • Building Area: 1,433
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 19
  • Heated Square Feet: 1,433
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TUSCANY S/D
  • Land Acres: 0000000078
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: TUSCANY S/D LOT 20

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023308

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-5222-0000-0200
  • Lot: 20
  • Municipality: DESTIN
  • Latitude: 30.3841
  • Longitude: -86.3992

    Address

  • Full Address: 101 Mantero Way
  • Address - House Number: 101
  • Address - Street Name: Mantero
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Destin
  • Carrier Code: C011
  • 4-Digit Zip Code: 3724
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 1,436
  • Tax Year: 2023
  • Tax Amount: $390,475
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1957
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 531,803
  • High Value: 635,880
  • Low Value: 427,727

    Market Valuation

  • Market Total Value: $374,355
  • Market Land Value: $137,019
  • Market Improvement Value: $237,336

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,355
  • Assessed Land Value: $137,019
  • Assessed Improvements Value: $237,336

    Sales

  • Current Sale Contract Date: Feb 17, 2023
  • Current Sale Recording Date: Feb 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3607707
  • Previous Sale Recording Date: Mar 31, 2016
  • Previous Sale Contract Date: Mar 11, 2016
  • Previous Sale Amount: $2,069,000
  • Previous Sale Document Type: 71
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 Tuscany

Stats & Trends

Median Asking:

$569,450

Sale Price/ft²

$292

Below Asking

0.03%

Average Days on Market

78

Average Home Size

1713 ft²

Average Home Age

28.8 years

Currently For Sale

5 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

Rentals Near You

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ECAR

Listed by: James P Ruckel, Berkshire Hathaway HomeServices
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 960860
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 101 Mantero Way built and last sold?
The property at 101 Mantero Way was built in 1996 and last sold on Feb 17, 2023 for $462,642.
How much is this home worth?
The estimated value of the home located at 101 Mantero Way is $0.
What are some comparable homes to 101 Mantero Way?
There are currently no comparable homes to 101 Mantero Way.
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