$695,000
●
House -
Off Market
1503 Glenlake Circle
Niceville, FL 32578
4 Beds
3 Baths
$3,554
Est. Monthly
$264
HOA / Fees
3.51%
Cap Rate
About This Property
Welcome to 1503 Glenlake Circle, nestled in the highly sought-after
Glenlake neighborhood of Bluewater Bay. Situated on a large
oversized corner lot, this lovely home offers four spacious
bedrooms and three full baths in a thoughtfully designed split
floor plan.
Inside, you'll find a dedicated study, an elegant formal dining room, and an open-concept living area that flows seamlessly-perfect for both entertaining and everyday living. Tasteful updates throughout enhance the home's charm and functionality.
Step outside to your freshly screened lanai and large pool-an ideal retreat for enjoying Florida's year-round sunshine and outdoor lifestyle! Conveniently located near award winning schools, great dining, and the beautiful Emerald Coast...don't miss the opportunity to make it yours!
Inside, you'll find a dedicated study, an elegant formal dining room, and an open-concept living area that flows seamlessly-perfect for both entertaining and everyday living. Tasteful updates throughout enhance the home's charm and functionality.
Step outside to your freshly screened lanai and large pool-an ideal retreat for enjoying Florida's year-round sunshine and outdoor lifestyle! Conveniently located near award winning schools, great dining, and the beautiful Emerald Coast...don't miss the opportunity to make it yours!
Unit Size
-
Days on Market
35 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$264
Year Built
1995
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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: 2 years ago (ECAR #976514)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Listed by Sanders Beach Realty LLC | $670,000 | |
| Listed by Sanders Beach Realty LLC | |||
| Nov 16, 2022 | No longer available | - | |
| No longer available | |||
| Nov 14, 2022 | Listed by Corcoran Reverie SRB | $650,000 | |
| Listed by Corcoran Reverie SRB | |||
| | |||
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Imagine embracing the Florida way of life in Bluewater Bay, where outdoor living surrounds you, Perfectly located in Bluewater Bay, bordered by the golf course, backed to the Glenlakes Park, surrounded by miles of walking/running paths, and less than 20 mins to gorgeous white sandy beaches our area is known for. This beautifully maintained four bedroom, three bath home is situated on an oversized corner lot. The interior split floor plan perfectly balances openness and privacy, offering a work-from-home lifestyle featuring elegant glass barn doors. The Great room provides the ideal backdrop for entertaining friends and family with an expansive kitchen flowing into the living area with a gas fireplace for your cozy evenings. The oversized garage will be able to hold all the necessary ..more The manager has listed the unit size as 2579 square feet.
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Property Highlights
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Bluewater Bay
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Listed by: Alison S Sanders, Sanders Beach Realty LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 976514
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 976514
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