$279,000
●
House -
For Sale
1215 S Cedar Avenue
Niceville, FL 32578
2 Beds
1 Bath,
1
Half Bath
1,116 Ft²
$1,541
Est. Monthly
About This Property
Welcome to 1215 Cedar Ave S in Niceville! This thoughtfully updated
home has been opened up & refreshed throughout, creating a bright,
functional layout that feels completely transformed. The kitchen
now flows into the living area after removal of a wall & features
new cabinets, new appliances & updated finishes. A new bathroom was
added, along with new plumbing, all new electrical throughout, new
flooring, trim, light fixtures, bathtub tile & updated plumbing
fixtures. New windowpanes add another layer of improvement
throughout the home. With so many major updates already completed,
this home offers the feel of a fresh start in an established
Niceville location. Conveniently located near schools, shopping,
dining, Eglin AFB & everything Niceville has to offer. Come see the
transformation for yourself!
Unit Size
1,116 Ft²
Days on Market
26 days
Land Size
0.10 acres
Price per sqft
$250
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1951
Listed By
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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: 26 days ago (ECAR #1011502)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2026 | Listed by Southern Choice Properties Llc | $279,000 | |
| Listed by Southern Choice Properties Llc | |||
| Jun 11, 2024 | No longer available | - | |
| No longer available | |||
| May 31, 2024 | Price Decreased |
$207,000
↓ $8K
(3.7%) | |
| Price Decreased | |||
| Apr 11, 2024 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $215,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| | |||
|
Location, Price, and potential. This rental home has them all and is ready for new owners. This home is easy to show, incredible potential with great outdoor space in the fenced backyard.The Galley kitchen provides for easy space to prepare and entertain with both a dining room and family room close by. The bedroom are split with a bonus room and the main bath in between. The master is large and has sliders to the back yard area for grilling, entertainment, and fully fenced pet space in the backyard.Location is close to the heart of Niceville, schools, and shopping. Easy access to Hwy 20 to head to base or the beaches.Seller is offering $5000 closing credit with list price offer. The manager has listed the unit size as 1116 square feet.
| |||
| Jun 11, 2013 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Washer/Dryer Hookup
Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Stove/Oven Electric
Flooring Type: Vinyl, Floor Tile
Rooms: 6
Exterior Details
Square Footage: 1116
Property Condition: Construction Complete
Architectural Style: Craftsman
Year Built: 1951
Building Area Total: 1116
Construction Materials: Foundation Off Grade, Siding CmntFbrHrdBrd, Trim Vinyl
Lot Features: Level, Within 1/2 Mile to Water
Lot Size Area: 0.1
Lot Size Units: Acres
Lot Size Acres: 0.1
Lot Size Square Feet: 4356
Lot Size Dimensions: 67 x 72 x 67 x 72
Financial Details
Tax Annual Amount: $2,052
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Niceville
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Listed by: Angel S Contreras, Southern Choice Properties Llc
Last Updated: 26 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1011502
Last Updated: 26 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1011502
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