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Mary Esther 32569 Emerald Estates
17 Ruby Circle
$325,550
● House - Off Market

17 Ruby Circle

Mary Esther, FL 32569
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$1,661
Est. Monthly
8.15%
Cap Rate

About This Property

Super location!!!  Hurry, don't miss the opportunity to buy this 4 bedroom 2.5 bath home..  Only minutes to Hurlburt Field AFB and 15 minutes to Eglin AFB.  All three schools are within 10 minutes of this home.  Beaches are also a quick drive away.  Home features include downstairs  Master Bedroom Suite, 3 bedrooms and a bath upstairs.  Eat-in kitchen with separate living room and dining room.   The privacy fenced backyard  great for entertaining, or where kids can play to work off energy.   Covered Porch off kitchen for additional outdoor space.  Vinyl Hardwood flooring in living areas, granite countertops in kitchen, Stainless Steel Appliances.  Exterior vinyl siding for easy cleaning.  Privacy fenced backyard. Roof replaced in 2015.
Unit Size
-
Days on Market
59 days
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
1994

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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 #972088)

Price History

Date / Event Date Event Price
May 23, 2025 Sold
Premium
Sold
Apr 13, 2025 In contract -
In contract
Mar 24, 2025 Listed by ERA American Real Estate $299,500
Listed by ERA American Real Estate
Aug 4, 2022 Sold
Premium
Sold
Jul 12, 2022 No longer available -
No longer available
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 200
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,875
  • Total Building Area: 2,372
  • Gross Building Area: 2,372
  • Building Area: 1,964
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,964
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD ESTATES
  • Land Acres: 0000000112
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: EMERALD ESTATES LOT 4

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 022900

Geography

  • Assessors Map Reference: 52
  • Parcel: 16-2S-24-120A-0000-0040
  • Lot: 4
  • Meridian: SEC 16 TWN 02S RNG 24W
  • Municipality: MARY ESTHER
  • Latitude: 30.4203
  • Longitude: -86.6588

    Address

  • Full Address: 17 Ruby Cir
  • Address - House Number: 17
  • Address - Street Name: Ruby
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Mary Esther
  • Carrier Code: C003
  • 4-Digit Zip Code: 2600
  • Zip Code: 32569

Valuation

    Tax

  • Total Area: 2,153
  • Tax Year: 2023
  • Tax Amount: $228,155
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.1982
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 380,435
  • High Value: 455,849
  • Low Value: 305,020

    Market Valuation

  • Market Total Value: $262,754
  • Market Land Value: $54,764
  • Market Improvement Value: $207,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,375

    Sales

  • Current Sale Contract Date: Aug 03, 2022
  • Current Sale Recording Date: Aug 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3569560
  • Previous Sale Recording Date: Nov 05, 2019
  • Previous Sale Contract Date: Oct 30, 2019
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Emerald Estates

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$224

Above Asking

0.00%

Average Days on Market

41

Average Home Size

1415 ft²

Average Home Age

32 years

Currently For Sale

1 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

Rentals Near You

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ECAR

Listed by: Patricia A Williams, ERA American Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 972088
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 17 Ruby Circle built and last sold?
The property at 17 Ruby Circle was built in 1994 and last sold on Aug 3, 2022 for $375,000.
How much is this home worth?
The estimated value of the home located at 17 Ruby Circle is $302,495.
What are some comparable homes to 17 Ruby Circle?
There are currently no comparable homes to 17 Ruby Circle.
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