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Crestview 32539 Lantern Ridge
134 Palmetto Drive
$339,900
● House - Off Market

134 Palmetto Drive

Crestview, FL 32539
bedrooms
4 Beds
bathrooms
2 Baths
$1,669
Est. Monthly

About This Property

Welcome to this stunningly remodeled pool home. Property features 4 bedrooms 2 bathrooms with the main master suite on the first floor. Fresh paint throughout gives that new home feel. The kitchen has new cabinets, countertops, and stainless steel appliances. The baths have updates fixtures, granite vanity tops, and flooring.  New contemporary luxury vinyl planks makes this home so warm and inviting. The exterior has new roof, new sod and landscaping Buyer to verify all pertinent information including sq. ft. and lot dimensions.
Unit Size
-
Days on Market
57 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1990

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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 #974113)

Price History

Date / Event Date Event Price
Jun 13, 2025 Sold
Premium
Sold
May 8, 2025 In contract -
In contract
Apr 17, 2025 Listed by Stars Realty $339,900
Listed by Stars Realty
Nov 22, 2024 Sold
Premium
Sold
Jun 26, 2024 Listed by Stars Realty $175,000
Listed by Stars Realty
4 bedrooms 2 baths home in North side of Crestview. Home needs work and being sold AS IS.
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 21
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,561
  • Total Building Area: 2,750
  • Gross Building Area: 2,750
  • Building Area: 2,110
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,110
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANTERN RIDGE S/D
  • Land Acres: 0000000197
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: LANTERN RIDGE S/D PH II LOT 40

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020400

Geography

  • Assessors Map Reference: 15A
  • Subdivision Phase Number: 2
  • Parcel: 16-3N-23-144B-0000-0400
  • Lot: 40
  • Meridian: SEC 16 TWN 03N RNG 23W
  • Municipality: CRESTVIEW
  • Latitude: 30.7619
  • Longitude: -86.5458

    Address

  • Full Address: 134 Palmetto Dr
  • Address - House Number: 134
  • Address - Street Name: Palmetto
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Crestview
  • Carrier Code: C006
  • 4-Digit Zip Code: 3226
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 2,382
  • Tax Year: 2023
  • Tax Amount: $374,164
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 301,117
  • High Value: 364,578
  • Low Value: 237,656

    Market Valuation

  • Market Total Value: $231,282
  • Market Land Value: $21,949
  • Market Improvement Value: $209,333

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,282
  • Assessed Land Value: $21,949
  • Assessed Improvements Value: $209,333

    Sales

  • Current Sale Contract Date: Oct 17, 2022
  • Current Sale Recording Date: Feb 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3606854
  • Previous Sale Recording Date: Nov 03, 2022
  • Previous Sale Contract Date: Sep 23, 2022
  • Previous Sale Amount: $250,000
  • 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 Lantern Ridge

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$128

Below Asking

0.03%

Average Days on Market

45

Average Home Size

1771 ft²

Average Home Age

30.5 years

Currently For Sale

2 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: Natalia Sevciuc, Stars Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 974113
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 134 Palmetto Drive built and last sold?
The property at 134 Palmetto Drive was built in 1990 and last sold on Oct 17, 2022 for $34,571,428.
How much is this home worth?
The estimated value of the home located at 134 Palmetto Drive is $0.
What are some comparable homes to 134 Palmetto Drive?
There are currently no comparable homes to 134 Palmetto Drive.
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