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Lake Lorraine 32579 Shalimar Pointe
16 Pebble Beach Drive
$299,900
● House - Off Market

16 Pebble Beach Drive

Shalimar, FL 32579
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,972 Ft²
$475,721
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

This beautiful 4 Bedroom, 2 Bath has new Impact Windows with fresh paint and new 6 panel doors throughout. New LED lighting has been added through out the home along with a Gas Fireplace. Walk in to the kitchen to see its modern look with white quartz counter tops and soft-close white shake cabinetry along with all stainless steel appliances. The exterior features a side patio with a privacy fenced yard and sprinkler system. This home has many more great features and is a must see!
Unit Size
1,972 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$152
Property Type
House
Property Taxes
$152
HOA Dues
-
Year Built
1978

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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 #781914)

Price History

Date / Event Date Event Price
Nov 20, 2017 Sold
Premium
Sold
Aug 21, 2017 Listed by The Premier Property Group Seacrest Office $299,900
Listed by The Premier Property Group Seacrest Office
May 19, 2016 Sold
Premium
Sold
Apr 28, 2016 Listed by The Premier Property Group Seacrest Office $259,900
Listed by The Premier Property Group Seacrest Office

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • 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: 572
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,801
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,577
  • Gross Building Area: 2,577
  • Building Area: 1,972
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,972
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE LORRAINE EST
  • Land Acres: 0000000248
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: LAKE LORRAINE EST 3RD LOT 19 BLK 2

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021502

Geography

  • Assessors Map Reference: 19
  • Parcel: 04-2S-23-1435-0002-0190
  • Block: 2
  • Lot: 19
  • Meridian: SEC 04 TWN 02S RNG 23W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4446
  • Longitude: -86.5556

    Address

  • Full Address: 16 Pebble Beach Dr
  • Address - House Number: 16
  • Address - Street Name: Pebble Beach
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Shalimar
  • Carrier Code: C002
  • 4-Digit Zip Code: 1624
  • Zip Code: 32579

Valuation

    Tax

  • Total Area: 2,297
  • Tax Year: 2023
  • Tax Amount: $232,218
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 431,580
  • High Value: 508,510
  • Low Value: 354,650

    Market Valuation

  • Market Total Value: $318,523
  • Market Land Value: $96,384
  • Market Improvement Value: $222,139

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,512

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 17, 2017
  • Current Sale Recording Date: Nov 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3173235
  • Previous Sale Recording Date: May 19, 2016
  • Previous Sale Contract Date: May 17, 2016
  • Previous Sale Amount: $252,000
  • 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 Shalimar Pointe

Stats & Trends

Median Asking:

$529,900

Sale Price/ft²

$219

Below Asking

0.03%

Average Days on Market

77

Average Home Size

3698 ft²

Average Home Age

32.3 years

Currently For Sale

10 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: Jason Stephens, The Premier Property Group Seacrest Office
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 781914
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 16 Pebble Beach Drive built and last sold?
The property at 16 Pebble Beach Drive was built in 1978 and last sold on Nov 17, 2017 for $299,900.
How much is this home worth?
The estimated value of the home located at 16 Pebble Beach Drive is $317,221.
What are some comparable homes to 16 Pebble Beach Drive?
There are currently no comparable homes to 16 Pebble Beach Drive.
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