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Walton 32459
153 Cypress Drive
$1,795,000
● House - Off Market

153 Cypress Drive

Santa Rosa Beach, FL 32459
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$2,074,601
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

VIEWS - VIEWS - VIEWS  This East End corner residence in the gated community of Cypress Dues has unobstructed and sweeping views across Tops'l State Park to the Gulf of Mexico and Stallworth Lake.  This beautifully maintained, 4 Bedroom, 4.5 Bath residence is sold furnished and is the perfect beach home, investment property, or as a second home getaway with family and friends.  With over 3000 square feet of interior living space, the home features three oversized balconies where you can relax at the beach and enjoy the breezes from the gulf of Mexico in a tranquil setting overlooking the park and the Gulf of Mexico.  Cypress Dunes amenity center boasts a stunning pool and workout facility.    Call today to schedule your personal tour of this amazing residence.  Buyer to verify dimensions.
Unit Size
-
Days on Market
52 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$477
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: 8 months ago (ECAR #873543)

Price History

Date / Event Date Event Price
Aug 13, 2021 Sold
Premium
Sold
Jun 4, 2021 Listed by Berkshire Hathaway Home Services PenFed Realty $1,795,000
Listed by Berkshire Hathaway Home Services PenFed Realty
Jul 20, 2007 Sold
Premium
Sold
Jul 18, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 614
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,578
  • Total Building Area: 3,866
  • Gross Building Area: 3,866
  • Building Area: 3,252
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,252
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CYPRESS DUNES
  • Land Acres: 0000000105
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 17 CYPRESS DUNES PB 15-74 REPLAT PB 16-43 OR 2680-2267 OR 2768-811 OR 2848-3039 OR 3211-3442

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950604

Geography

  • Assessors Map Reference: S2-32-20
  • Parcel: 32-2S-20-33300-000-0170
  • Block: 1
  • Lot: 17
  • Meridian: SEC 32 TWN 02S RNG 020
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3606
  • Longitude: -86.2673

    Address

  • Full Address: 153 Cypress Dr
  • Address - House Number: 153
  • Address - Street Name: Cypress
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H022
  • 4-Digit Zip Code: 8589
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 3,619
  • Tax Year: 2022
  • Tax Amount: $1,332,303
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2682
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 2,204,374
  • High Value: 2,795,703
  • Low Value: 1,613,046

    Market Valuation

  • Market Total Value: $1,437,624
  • Market Land Value: $532,134
  • Market Improvement Value: $905,490

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,437,624
  • Assessed Land Value: $532,134
  • Assessed Improvements Value: $905,490

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210040729
  • Previous Sale Recording Date: Jul 20, 2007
  • Previous Sale Contract Date: Jul 19, 2007
  • Previous Sale Amount: $1,650,000
  • 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 Walton

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$424

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2278 ft²

Average Home Age

17.4 years

Currently For Sale

2339 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: Royce W Mitchell, Berkshire Hathaway Home Services PenFed Realty
Last Updated: 8 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 873543
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 153 Cypress Drive built and last sold?
The property at 153 Cypress Drive was built in 2006 and last sold on Jul 26, 2021 for $1,795,000.
How much is this home worth?
The estimated value of the home located at 153 Cypress Drive is $0.
What are some comparable homes to 153 Cypress Drive?
There are currently no comparable homes to 153 Cypress Drive.
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