$359,000
●
House -
Off Market
119 McEwen Drive
Niceville, FL 32578
3 Beds
2 Baths
$1,999
Est. Monthly
7.62%
Cap Rate
About This Property
Best price in Niceville!!!
#Niceville
NEW ROOF, NEW FLOORING, NEW PAINT, 2 LIVING ROOMS, 2 PRIVATE PATIOS.... AND ONE VERY MAGICAL VIEW OF FORESTED WOODLAND IN YOUR OWN BACKYARD! Did I mention this backyard forest is in the middle of Niceville? Yep! #RareView
Welcome to 119 McEwen Drive! This CUSTOM BRICK MASONRY 3BR/2 Bath home boasts timeless curb appeal and offers double courtyard entry set on a beautifully landscaped lot. #Hardwoods
Step inside to find 1,600-plus sf. of open concept living/dining space and a wall of windows that flood the space with light and blend outdoor serenity with indoor comfort.
#keep reading..... As previously mentioned, there are 2 living areas-- one formal and the other a more relaxed family space with brick fireplace at its center. Perfect setting for cozy evenings by the fire.
The kitchen features real-wood cabinetry with ample storage, a center island area and tiled counters that offer the savvy buyer UNTAPPED EQUITY!
The master suite boasts its own private patio overlooking the backyard (1 of 2), walk-in closet and master bath (another opportunity for the savvy buyer to cash in to untapped equity).
There are two additional bedrooms, a full bath, and multiple storage closets throughout the space! #NeedStorage #ThisOnesForYou
The oversized garage adds even more storage and flexibility, with built-in tool area for your next project and utility sink!
Of course, the real appeal of this home is the backyard! #Serene #Magical #Nature
Whether you're a first-time buyer, seasoned renovator, or savvy investor, this home offers the rare opportunity to capture true value in one of Niceville's most desirable areas. With its solid construction, thoughtful layout, and untapped potential, the possibilities are endless.. and the clock is ticking!
Untapped equity does exist in Niceville but opportunities like this one do not last long! Make an offer today!
#Niceville
NEW ROOF, NEW FLOORING, NEW PAINT, 2 LIVING ROOMS, 2 PRIVATE PATIOS.... AND ONE VERY MAGICAL VIEW OF FORESTED WOODLAND IN YOUR OWN BACKYARD! Did I mention this backyard forest is in the middle of Niceville? Yep! #RareView
Welcome to 119 McEwen Drive! This CUSTOM BRICK MASONRY 3BR/2 Bath home boasts timeless curb appeal and offers double courtyard entry set on a beautifully landscaped lot. #Hardwoods
Step inside to find 1,600-plus sf. of open concept living/dining space and a wall of windows that flood the space with light and blend outdoor serenity with indoor comfort.
#keep reading..... As previously mentioned, there are 2 living areas-- one formal and the other a more relaxed family space with brick fireplace at its center. Perfect setting for cozy evenings by the fire.
The kitchen features real-wood cabinetry with ample storage, a center island area and tiled counters that offer the savvy buyer UNTAPPED EQUITY!
The master suite boasts its own private patio overlooking the backyard (1 of 2), walk-in closet and master bath (another opportunity for the savvy buyer to cash in to untapped equity).
There are two additional bedrooms, a full bath, and multiple storage closets throughout the space! #NeedStorage #ThisOnesForYou
The oversized garage adds even more storage and flexibility, with built-in tool area for your next project and utility sink!
Of course, the real appeal of this home is the backyard! #Serene #Magical #Nature
Whether you're a first-time buyer, seasoned renovator, or savvy investor, this home offers the rare opportunity to capture true value in one of Niceville's most desirable areas. With its solid construction, thoughtful layout, and untapped potential, the possibilities are endless.. and the clock is ticking!
Untapped equity does exist in Niceville but opportunities like this one do not last long! Make an offer today!
Unit Size
-
Days on Market
59 days
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1976
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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: 11 months ago (ECAR #985964)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 13, 2025 | In contract | - | |
| In contract | |||
| Oct 3, 2025 | Price Decreased |
$359,900
↓ $2K
(0.6%) | |
| Price Decreased | |||
| Sep 27, 2025 | Price Decreased |
$361,900
↓ $11K
(3%) | |
| Price Decreased | |||
| Sep 22, 2025 | Listed by Coldwell Banker Realty | $373,000 | |
| Listed by Coldwell Banker Realty | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Niceville
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Listed by: The Tessa Savoy Team, Coldwell Banker Realty
Last Updated: 11 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 985964
Last Updated: 11 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 985964
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