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Destin 32541 Pine Ridge Trace
176 Bayou Drive
$110,000
● House - Off Market

176 Bayou Drive

Destin, FL 32541
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,056 Ft²
$235,698
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

Beautiful one level living. You will love the privacy and space of this patio home. Fenced in rear yard with deck. Great location. This is a must see!
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$132
Property Type
House
Property Taxes
$41
HOA Dues
-
Year Built
1984

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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 #760333)

Price History

Date / Event Date Event Price
Nov 28, 2016 Sold
Premium
Sold
Sep 6, 2016 Listed by Sugar Sand Real Estate Service $139,900
Listed by Sugar Sand Real Estate Service
Sep 9, 2014 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 35
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,747
  • Total Building Area: 1,212
  • Gross Building Area: 1,212
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE RIDGE TRACE
  • Land Acres: 0000000109
  • Standard Land Use Code: 1001
  • County Land Use Code: 000109
  • State Land Use Code: 01
  • Legal Description 1: PINE RIDGE TRACE UNIT 176

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023305

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-2077-0000-1760
  • Lot: 176
  • Municipality: DESTIN
  • Latitude: 30.4061
  • Longitude: -86.4813

    Address

  • Full Address: 176 Bayou Dr
  • Address - House Number: 176
  • Address - Street Name: Bayou
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Destin
  • Carrier Code: C008
  • 4-Digit Zip Code: 2027
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 1,068
  • Tax Year: 2023
  • Tax Amount: $208,750
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.2115
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 268,837
  • High Value: 325,712
  • Low Value: 211,962

    Market Valuation

  • Market Total Value: $194,116
  • Market Land Value: $70,000
  • Market Improvement Value: $124,116

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $194,116
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $124,116

    Sales

  • Current Sale Contract Date: Nov 18, 2016
  • Current Sale Recording Date: Nov 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3103530
  • Previous Sale Recording Date: Sep 09, 2014
  • Previous Sale Contract Date: Sep 05, 2014
  • Previous Sale Amount: $110,500
  • Previous Sale Document Type: 68
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 Pine Ridge Trace

Stats & Trends

Median Asking:

$239,500

Sale Price/ft²

$204

Above Asking

0.00%

Average Days on Market

27

Average Home Size

1106 ft²

Average Home Age

42 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: Wendy Demaray, Sugar Sand Real Estate Service
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 760333
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 176 Bayou Drive built and last sold?
The property at 176 Bayou Drive was built in 1984 and last sold on Nov 18, 2016 for $11,000.
How much is this home worth?
The estimated value of the home located at 176 Bayou Drive is $0.
What are some comparable homes to 176 Bayou Drive?
There are currently no comparable homes to 176 Bayou Drive.
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