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Okaloosa 32578 Southwind
157 BAYWIND Drive
$339,000
● House - Off Market

157 BAYWIND Drive

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,952 Ft²
$631,928
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Charming golfcourse home in the gated community of Southwind in Bluewater Bay. This home defines warm and welcoming from the wide foyer through to the family room and Florida room. There are both formal and informal living areas so everyone can have a bit of privacy in this open, flowing floorplan with large rooms. This is a split plan with the master suite on the right and the additional guest bedrooms and bath on the left. In the front of this home, you will find the living and dining rooms and the kitchen and breakfast nook are open to the family room and Florida room. This home is located on a .36 acre golfcourse lot overlooking a marsh area across the tee box so there is lots of privacy. Priced to sell, this home is ready for YOU!
Unit Size
2,952 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$115
Property Type
House
Property Taxes
-
HOA Dues
$175
Year Built
1988

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Cap Rate Calculator

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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 MLS #709455)

Price History

Date / Event Date Event Price
Feb 9, 2022 Sold
Premium
Sold
Dec 15, 2021 No longer available -
No longer available
Oct 7, 2021 Price Decreased $575,000
↓ $20K (3.4%)
Price Decreased
Sep 17, 2021 Listed by Keller Williams Realty Nville $595,000
Listed by Keller Williams Realty Nville
Oct 7, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 677
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,134
  • Total Building Area: 3,825
  • Gross Building Area: 3,825
  • Building Area: 2,624
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,624
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHWIND PH II AT B/B
  • Land Acres: 0000000347
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SOUTHWIND PH II AT B/B LOT 29 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021001

Geography

  • Assessors Map Reference: 40
  • Subdivision Phase Number: 2
  • Parcel: 26-1S-22-461B-000A-0290
  • Block: A
  • Lot: 29
  • Meridian: SEC 26 TWN 01S RNG 22W
  • Municipality: NORTH BAY FIRE
  • Latitude: 30.4736
  • Longitude: -86.4349

    Address

  • Full Address: 157 Baywind Dr
  • Address - House Number: 157
  • Address - Street Name: Baywind
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Niceville
  • Carrier Code: R007
  • 4-Digit Zip Code: 4801
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 3,378
  • Tax Year: 2023
  • Tax Amount: $549,355
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.0808
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 94
  • Final Value: 721,461
  • High Value: 779,785
  • Low Value: 663,137

    Market Valuation

  • Market Total Value: $492,834
  • Market Land Value: $122,211
  • Market Improvement Value: $370,623

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $492,834
  • Assessed Land Value: $122,211
  • Assessed Improvements Value: $370,623

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 02, 2022
  • Current Sale Recording Date: Feb 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3525850
  • Previous Sale Recording Date: Oct 07, 2014
  • Previous Sale Contract Date: Oct 02, 2014
  • Previous Sale Amount: $339,000
  • 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 Bluewater Bay

Stats & Trends

Median Asking:

$496,500

Sale Price/ft²

$258

Below Asking

0.01%

Average Days on Market

68

Average Home Size

2067 ft²

Average Home Age

31.7 years

Currently For Sale

49 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 Busovne, Keller Williams Realty Nville
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 709455
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 157 Baywind Drive built and last sold?
The property at 157 Baywind Drive was built in 1988 and last sold on Feb 2, 2022 for $586,000.
How much is this home worth?
The estimated value of the home located at 157 Baywind Drive is $0.
What are some comparable homes to 157 Baywind Drive?
There are currently no comparable homes to 157 Baywind Drive.
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