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Lake Lorraine 32579 Port Dixie
119 12Th Avenue
$320,000
● House - Off Market

119 12Th Avenue

Shalimar, FL 32579
bedrooms
3 Beds
bathrooms
2 Baths
$1,766
Est. Monthly

About This Property

3 Bed/2 Bath Home in Shalimar with No HOA..  Spacious, covered back porch. This house backs up to Eglin Air Force Base, so you won't have to worry about any neighbors behind you.  Conveniently located near the airport, restaurants, schools, shopping and beaches.
Unit Size
-
Days on Market
90 days
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$150
HOA Dues
-
Year Built
1979

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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: 9 months ago (ECAR #987740)

Price History

Date / Event Date Event Price
Jan 29, 2026 Sold
Premium
Sold
Nov 29, 2025 In contract -
In contract
Nov 13, 2025 Price Decreased $329,000
↓ $20K (5.7%)
Price Decreased
Oct 14, 2025 Listed by EXP Realty LLC $349,000
Listed by EXP Realty LLC
Jan 3, 2017 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • 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: 2
  • 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: 360
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 98
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,630
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,545
  • Gross Building Area: 2,545
  • Building Area: 1,775
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,775
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: BEG 590 FT W OF NE COR SEC W80 FT S106.95 FT E80 FT N107.02 FT TO BEG

Neighborhood

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

Geography

  • Assessors Map Reference: 44
  • Parcel: 05-2S-23-0000-0001-0050
  • Block: 1
  • Meridian: SEC 05 TWN 02S RNG 23W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4483
  • Longitude: -86.5648

    Address

  • Full Address: 119 12th Ave
  • Address - House Number: 119
  • Address - Street Name: 12th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Shalimar
  • Carrier Code: C009
  • 4-Digit Zip Code: 1526
  • Zip Code: 32579

Valuation

    Tax

  • Total Area: 2,092
  • Tax Year: 2023
  • Tax Amount: $175,056
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1941
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 383,388
  • High Value: 457,804
  • Low Value: 308,972

    Market Valuation

  • Market Total Value: $277,383
  • Market Land Value: $58,203
  • Market Improvement Value: $219,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,340

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2016
  • Current Sale Recording Date: Jan 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3110260
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:

$317,000

Sale Price/ft²

$214

Below Asking

0.02%

Average Days on Market

78

Average Home Size

1792 ft²

Average Home Age

29.8 years

Currently For Sale

23 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: Justin B Myers, EXP Realty LLC
Last Updated: 9 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 987740
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 119 12th Avenue built and last sold?
The property at 119 12th Avenue was built in 1979 and last sold on Dec 28, 2016 for $212,000.
How much is this home worth?
The estimated value of the home located at 119 12th Avenue is $0.
What are some comparable homes to 119 12th Avenue?
There are currently no comparable homes to 119 12th Avenue.
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