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Lake Lorraine 32579 Port Dixie
110 11Th Avenue
$280,000
● House - Off Market

110 11Th Avenue

Shalimar, FL 32579
bedrooms
2 Beds
bathrooms
2 Baths
$284,326
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Cozy home in a great location! What else could you ask for?! This 2-bed 2-bath home features tile flooring throughout the main living areas, an inviting fireplace, and a backyard deck to spend your evenings on! The kitchen offers lots of cabinetry for storage and a breakfast bar. Two spacious bedrooms and 2 full bathrooms to accommodate your family and/or guests. This Home is move in ready and minutes from Eglin AFB!
Unit Size
-
Days on Market
69 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$159
HOA Dues
-
Year Built
1978

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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: 10 months ago (ECAR #899457)

Price History

Date / Event Date Event Price
Aug 15, 2022 Sold
Premium
Sold
May 25, 2022 Listed by Keller Williams Realty FWB $275,000
Listed by Keller Williams Realty FWB
Apr 12, 2005 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 558
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,749
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,709
  • Gross Building Area: 1,709
  • Building Area: 975
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 975
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PORT DIXIE
  • Land Acres: 0000000201
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: PORT DIXIE BEG SW COR LOT 1 BLK 113 E430 FT N240 FT TO BEG N80

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021502

Geography

  • Assessors Map Reference: 44
  • Parcel: 05-2S-23-2080-0113-00N0
  • Block: 113
  • Lot: 1
  • Meridian: SEC 05 TWN 02S RNG 23W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4467
  • Longitude: -86.5668

    Address

  • Full Address: 110 11th Ave
  • Address - House Number: 110
  • Address - Street Name: 11th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Shalimar
  • Carrier Code: C009
  • 4-Digit Zip Code: 1408
  • Zip Code: 32579

Valuation

    Tax

  • Total Area: 1,297
  • Tax Year: 2023
  • Tax Amount: $197,019
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 285,634
  • High Value: 338,511
  • Low Value: 232,758

    Market Valuation

  • Market Total Value: $198,080
  • Market Land Value: $58,203
  • Market Improvement Value: $139,877

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,080
  • Assessed Land Value: $58,203
  • Assessed Improvements Value: $139,877

    Sales

  • Current Sale Contract Date: Aug 04, 2022
  • Current Sale Recording Date: Aug 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3571557
  • Previous Sale Recording Date: Apr 12, 2005
  • Previous Sale Contract Date: Apr 08, 2005
  • Previous Sale Amount: $139,900
  • 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 Port Dixie

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$217

Below Asking

0.02%

Average Days on Market

79

Average Home Size

1755 ft²

Average Home Age

32.8 years

Currently For Sale

27 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: View Group, Keller Williams Realty FWB
Last Updated: 10 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 899457
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 110 11th Avenue built and last sold?
The property at 110 11th Avenue was built in 1978 and last sold on Aug 4, 2022 for $280,000.
How much is this home worth?
The estimated value of the home located at 110 11th Avenue is $277,750.
What are some comparable homes to 110 11th Avenue?
There are currently no comparable homes to 110 11th Avenue.
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