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Walton 32439
147 Tropical Way
$124,900
● House - Off Market

147 Tropical Way

Freeport, FL 32439
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,000 Ft²
$230,845
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model

About This Property

Great 2 story 4 bedroom 3 bath home in Brandon Oaks just North of the Hwy 331 bridge. This spacious home has lots of potential!! The first floor offers a large living room with electric fireplace, kitchen with granite counters and nice quality cabinets, tiled dining area, bedroom, office and full bath. The 2nd floor has a large master bedroom with vaulted ceilings, balcony and spacious master bath, 2 additional bedrooms and full bath. There is also a large 2 car garage and huge back yard. One of the best things about this home is the location. It is just minutes from the beach, restaurants, schools, shopping, hospital, & more. Come see this one today!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$62
Property Type
House
Property Taxes
$86
HOA Dues
-
Year Built
2006

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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 #716350)

Price History

Date / Event Date Event Price
Oct 16, 2019 Sold
Premium
Sold
Feb 13, 2015 Sold
Premium
Sold
Oct 16, 2014 Listed by Finn Realty Inc $124,900
Listed by Finn Realty Inc

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,535
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 760
  • Total Building Area: 2,340
  • Gross Building Area: 2,340
  • Building Area: 1,940
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,940
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRANDON OAKS 2ND ADDITION
  • Land Acres: 0000000334
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 1 BLK B BRANDON OAKS 2ND ADDITION PB 16-76 OR 2732-1194 OR 2808-2518 OR 2816-2508 OR 2961-3372 OR 2971-333 OR 3121-1226 OR 3243-4930

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950502

Geography

  • Assessors Map Reference: S1-33-19
  • Parcel: 33-1S-19-23033-00B-0010
  • Block: B
  • Lot: 1
  • Meridian: SEC 33 TWN 01S RNG 019
  • Municipality: COUNTY
  • Latitude: 30.4456
  • Longitude: -86.1444

    Address

  • Full Address: 147 Tropical Way
  • Address - House Number: 147
  • Address - Street Name: Tropical
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Freeport
  • Carrier Code: R002
  • 4-Digit Zip Code: 4787
  • Zip Code: 32439

Valuation

    Tax

  • Total Area: 2,287
  • Tax Year: 2022
  • Tax Amount: $167,064
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.2693
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 61
  • Final Value: 458,944
  • High Value: 582,577
  • Low Value: 335,311

    Market Valuation

  • Market Total Value: $319,384
  • Market Land Value: $36,239
  • Market Improvement Value: $283,145

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $224,034

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 09, 2019
  • Current Sale Recording Date: Oct 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20190036082
  • Previous Sale Recording Date: Feb 13, 2015
  • Previous Sale Contract Date: Jan 27, 2015
  • Previous Sale Amount: $124,900
  • Previous Sale Document Type: 68
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 Walton

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$395

Below Asking

0.02%

Average Days on Market

79

Average Home Size

2269 ft²

Average Home Age

17.7 years

Currently For Sale

3407 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: Team Finn, Finn Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 716350
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 147 Tropical Way built and last sold?
The property at 147 Tropical Way was built in 2006 and last sold on Oct 9, 2019 for $247,000.
How much is this home worth?
The estimated value of the home located at 147 Tropical Way is $0.
What are some comparable homes to 147 Tropical Way?
There are currently no comparable homes to 147 Tropical Way.
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