1819 Scirocco Loop
About This Property
Welcome to 1819 Scirocco Loop, Fort Walton Beach, FL 32547, nestled in the serene private community of Crosswinds. This elegant, updated 3 Bed, 2.5 Bath home offers a perfect blend of modern amenities and classic charm, now enhanced with paid-off solar panels for energy efficiency and cost savings. Located just a short drive from Eglin Air Force Base and Hurlburt Field, this home is perfect for military personnel seeking convenience and comfort. Additionally, the proximity to major box stores ensures that all your shopping needs are met with ease. One of the standout features of Crosswinds is its low HOA fees, which help maintain the common areas. The community itself is approximately a mile loop, providing a fantastic environment for exercising and dog walking close to home. Outdoor enthusiasts will appreciate the nearby Bernie R Lefebvre Aquatic Center, offering community indoor swimming, as well as pickleball courts, golf courses, and the mountain biking and hiking trails of Ranger Road. For road bikers, Ranger Road offers a limited-traffic paved route, perfect for a peaceful ride. Additionally, a skeet shooting range is available for those who enjoy the sport. As you step into this beautiful home, you'll be greeted by abundant natural light and lofty ceilings that create a seamless transition into the open living space. To your right, through French doors, is a charming office/sitting room adorned with chair rail, wainscoting, and windows that overlook a picturesque magnolia tree. The foyer boasts a cathedral ceiling crowned with a triangular window, drawing you further into the tiled living area, complete with a cozy gas fireplace. The dining room features a sliding glass door and a windowed wall with three banks of windows, offering a view of the back patio and fenced yard. The open layout between the living area, dining room, and kitchen enhances the spacious feel of the home. The kitchen is well-designed, featuring a built-in desk, breakfast bar, and black granite countertops that contrast beautifully with the stark white cabinets. Stainless-steel Maytag and Kenmore appliances add to the clean, modern appeal. Upstairs, the master bedroom is a true retreat, featuring a tray ceiling with cove lighting, a full bath with double vanity, jet tub, standup shower, and a pocket door leading to a walk-in closet. The two additional bedrooms down the hall boast high ceilings and large windows, with easy access to the full bath in the hall. Tucked away 1819 Scirocco Loop in Crosswinds is a special location in Fort Walton Beach.
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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.
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