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Ocean City 32547 Bella Vista
175 Monahan Drive
$270,000
● House - Off Market

175 Monahan Drive

Fort Walton Beach, FL 32547
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,702 Ft²
$832,372
RealtyHop Estimate
124.36%
Since Apr 1, 2012
National-US
Primary Model

About This Property

Fantastic Waterfront lot with an very old Florida cottage on it. The home is currently occupied by a tenant. This one would need a lot of fix up or tear down and build your dream home. The lot beside the house is also for sale. Lot measurements are estimate.
Unit Size
1,702 Ft²
Days on Market
-
Land Size
-
Price per sqft
$218
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947

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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 #566041)

Price History

Date / Event Date Event Price
Mar 30, 2012 Sold
Premium
Sold
Oct 14, 2011 Listed by Endless Horizons Realty Inc $371,000
Listed by Endless Horizons Realty Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 1,500
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,920
  • Lot Size Depth Feet: 2,800
  • Lot Size Frontage Feet: 880
  • Total Building Area: 2,930
  • Gross Building Area: 2,930
  • Building Area: 2,930
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,930
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELLA VISTA S/D
  • Land Acres: 0000000526
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: BELLA VISTA S/D LOT 30 BLK 3

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 022002

Geography

  • Assessors Map Reference: 53
  • Parcel: 12-2S-24-0210-0003-0300
  • Block: 3
  • Lot: 30
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4322
  • Longitude: -86.6128

    Address

  • Full Address: 175 Monahan Dr
  • Address - House Number: 175
  • Address - Street Name: Monahan
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C007
  • 4-Digit Zip Code: 3762
  • Zip Code: 32547

Valuation

    Tax

  • Total Area: 1,966
  • Tax Year: 2023
  • Tax Amount: $528,927
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 580,449
  • High Value: 683,916
  • Low Value: 476,983

    Market Valuation

  • Market Total Value: $457,968
  • Market Land Value: $447,268
  • Market Improvement Value: $10,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $457,968
  • Assessed Land Value: $447,268
  • Assessed Improvements Value: $10,700

    Sales

  • Current Sale Contract Date: Mar 23, 2012
  • Current Sale Recording Date: Mar 30, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2766410
  • Previous Sale Recording Date: Mar 30, 2012
  • Previous Sale Contract Date: Mar 27, 2012
  • Previous Sale Amount: $270,000
  • 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 Bella Vista

Stats & Trends

Median Asking:

$625,500

Sale Price/ft²

$252

Below Asking

0.03%

Average Days on Market

64

Average Home Size

3829 ft²

Average Home Age

68 years

Currently For Sale

2 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: Diane B Keller, Endless Horizons Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 566041
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 175 Monahan Drive built and last sold?
The property at 175 Monahan Drive was built in 1947 and last sold on Mar 23, 2012 for $270,000.
How much is this home worth?
The estimated value of the home located at 175 Monahan Drive is $0.
What are some comparable homes to 175 Monahan Drive?
There are currently no comparable homes to 175 Monahan Drive.
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