$775,000
●
House -
Off Market
1556 Glenlake Circle
Niceville, FL 32578
4 Beds
3 Baths,
1
Half Bath
$4,554
Est. Monthly
$250
HOA / Fees
2.39%
Cap Rate
About This Property
NEW PRICE!! Custom-Built Dream Home in Bluewater Bay's Glenlake
neighborhood.
Step into luxury with this stunning 4-B, 3.5-bath ALL BRICK home by Gary Miller Homes, offering over 3,850 SF of refined living space on the desirable Glenlake Circle. Situated on a newly expanded lot (+2,000 SF via Preserve Bluewater Bay, valued at $17K), this home has been meticulously designed with unmatched features and amenities.
Key Features: New Roof & Gas Water Heater (March 2024); Split layout with a formal dining room, gourmet kitchen, spacious living/family room, office, and workshop; Security system & hurricane shutters for peace of mind; Relaxing screened-in porch with access from the master suite, guest suite, and family room. Enjoy peaceful views of the lake, turtles, and birds, all while being conveniently located near major commuter routes to Eglin AFB, Duke Field, Destin, Crestview, and Ft. Walton Beach.
This home is truly the perfect sanctuary!
Step into luxury with this stunning 4-B, 3.5-bath ALL BRICK home by Gary Miller Homes, offering over 3,850 SF of refined living space on the desirable Glenlake Circle. Situated on a newly expanded lot (+2,000 SF via Preserve Bluewater Bay, valued at $17K), this home has been meticulously designed with unmatched features and amenities.
Key Features: New Roof & Gas Water Heater (March 2024); Split layout with a formal dining room, gourmet kitchen, spacious living/family room, office, and workshop; Security system & hurricane shutters for peace of mind; Relaxing screened-in porch with access from the master suite, guest suite, and family room. Enjoy peaceful views of the lake, turtles, and birds, all while being conveniently located near major commuter routes to Eglin AFB, Duke Field, Destin, Crestview, and Ft. Walton Beach.
This home is truly the perfect sanctuary!
Unit Size
-
Days on Market
97 days
Land Size
0.48 acres
Price per sqft
-
Property Type
House
Property Taxes
$449
HOA Dues
$250
Year Built
1999
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Cap Rate
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 #959118)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $785,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Jun 13, 2024 | No longer available | - | |
| No longer available | |||
| Apr 1, 2024 | Price Decreased |
$995,000
↓ $400K
(28.7%) | |
| Price Decreased | |||
| Mar 20, 2024 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $1,395,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| | |||
|
Welcome to your Gary Miller Homes Custom-Built dream home in Bluewater Bay's Glenlake Circle neighborhood. This stunning all-brick home boasts over 3,850 SF of unparalleled features & luxurious amenities, making it the perfect sanctuary. AND, the lot just grew by 2,000 SF ($17k) by way of the land purchase through Preserve Bluewater Bay.A brand new roof and gas water heater were installed in March 2024. With a split layout including 4 bedrooms, 3.5 baths, Formal Dining Room, Gourmet kitchen, Living/Family Room, Workshop, and office this spacious residence offers ample space for comfortable living. For safety measures, there's a security system and hurricane shutters. Relax in the spacious screened-in porch with access from the master suite, guest suite and family room. The manager has listed the unit size as 3859 square feet.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Janice A Schaefer, Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 959118
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 959118
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