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Okaloosa 32569 Shangrila
111 Green Drive
$173,500
● House - Off Market

111 Green Drive

Mary Esther, FL 32569
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$277,756
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Very cute brick home minutes from Hurlburt Field's main gate! 3 Bedrooms, 2 bathrooms and a 2 car garage! Kitchen features black appliances and cherry cabinets. Living room has treyed ceiling. Tile is all wet areas and carpet in the bedrooms and living area. Privacy fenced back yard with lawn pump and sprinkler system.
Unit Size
1,350 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$127
Property Type
House
Property Taxes
$70
HOA Dues
-
Year Built
2009

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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 #772961)

Price History

Date / Event Date Event Price
Jun 22, 2021 Sold
Premium
Sold
May 15, 2017 Sold
Premium
Sold
Apr 7, 2017 Listed by Rosewood Realty Inc $171,900
Listed by Rosewood Realty Inc
Jun 29, 2009 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 378
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,839
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,738
  • Gross Building Area: 1,738
  • Building Area: 1,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,240
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHANGRILA S/D
  • Land Acres: 0000000157
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SHANGRILA S/D LOTS 12 BLK B

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023100

Geography

  • Assessors Map Reference: 49
  • Parcel: 16-2S-25-2250-000B-0120
  • Block: B
  • Lot: 12
  • Meridian: SEC 16 TWN 02S RNG 25W
  • Municipality: FLOROSA FIRE (SW)
  • Latitude: 30.4138
  • Longitude: -86.7656

    Address

  • Full Address: 111 Green Dr
  • Address - House Number: 111
  • Address - Street Name: Green
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Mary Esther
  • Carrier Code: R005
  • 4-Digit Zip Code: 2308
  • Zip Code: 32569

Valuation

    Tax

  • Total Area: 1,484
  • Tax Year: 2023
  • Tax Amount: $211,134
  • Tax Rate Code Area: 021

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 306,019
  • High Value: 360,568
  • Low Value: 251,471

    Market Valuation

  • Market Total Value: $218,606
  • Market Land Value: $45,234
  • Market Improvement Value: $173,372

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $211,437

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jun 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3465297
  • Previous Sale Recording Date: May 15, 2017
  • Previous Sale Contract Date: May 09, 2017
  • Previous Sale Amount: $173,500
  • 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 Shangrila

Stats & Trends

Median Asking:

$313,750

Sale Price/ft²

$204

Above Asking

0.00%

Average Days on Market

31

Average Home Size

1524 ft²

Average Home Age

23.5 years

Currently For Sale

0 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: Dawn M Effler, Rosewood Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 772961
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 111 Green Drive built and last sold?
The property at 111 Green Drive was built in 2009 and last sold on Jun 21, 2021 for $260,000.
How much is this home worth?
The estimated value of the home located at 111 Green Drive is $0.
What are some comparable homes to 111 Green Drive?
There are currently no comparable homes to 111 Green Drive.
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