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Walton 32413
189 Patina Boulevard
$360,000
● House - Off Market

189 Patina Boulevard

Seacrest, FL 32461
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,511 Ft²
$772,686
RealtyHop Estimate
109.97%
Since Mar 1, 2013
National-US
Primary Model

About This Property

A RECIPE FOR RELAXATION! Quiet & low profile community, ideally situated between Alyce Beach and Watersound! A wonderful beach retreat with deeded beach access ... it's located directly in front with two community pools (one heated) just steps away! Beautifully furnished and accessorized with hardwood floors, Jen Air appliances and grantite countertops. A huge private porch greets you as soon as you enter the home which leads to a spacious floor plan with 3 large bedrooms, all with private baths.
Unit Size
1,511 Ft²
Days on Market
-
Land Size
-
Price per sqft
$244
Property Type
House
Property Taxes
-
HOA Dues
$1,200
Year Built
2005

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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 MLS #582468)

Price History

Date / Event Date Event Price
Feb 10, 2022 Sold
Premium
Sold
Apr 11, 2019 Sold
Premium
Sold
Mar 2, 2019 No longer available -
No longer available
Feb 10, 2019 Listed by Emerald Coast Properties Inc $565,000
Listed by Emerald Coast Properties Inc
Feb 20, 2013 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,452
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAGNOLIA COTTAGES BY THE SEA
  • Land Acres: 0000000125
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 15 BLK B MAGNOLIA COTTAGES BY THE SEA PB 15-49 REPLAT PB 15-71 OR 2692-4912 OR 2912-3045 OR 3102-500 OR 3238-1592

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950610

Geography

  • Assessors Map Reference: S3-28-18
  • Parcel: 28-3S-18-16190-00B-0150
  • Block: B
  • Lot: 15
  • Meridian: SEC 28 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.293
  • Longitude: -86.0491

    Address

  • Full Address: 189 Patina Blvd
  • Address - House Number: 189
  • Address - Street Name: Patina
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R006
  • 4-Digit Zip Code: 0721
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 1,613
  • Tax Year: 2022
  • Tax Amount: $610,093
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2578
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 1,348,188
  • High Value: 1,695,782
  • Low Value: 1,000,593

    Market Valuation

  • Market Total Value: $822,545
  • Market Land Value: $250,998
  • Market Improvement Value: $571,547

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $822,545
  • Assessed Land Value: $250,998
  • Assessed Improvements Value: $571,547

    Sales

  • Current Sale Contract Date: Feb 01, 2022
  • Current Sale Recording Date: Feb 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6431
  • Previous Sale Recording Date: Apr 11, 2019
  • Previous Sale Contract Date: Apr 08, 2019
  • Previous Sale Amount: $555,000
  • 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 Walton

Stats & Trends

Median Asking:

$724,000

Sale Price/ft²

$422

Below Asking

0.03%

Average Days on Market

98

Average Home Size

2299 ft²

Average Home Age

16.8 years

Currently For Sale

2297 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: Howard B Dolgoff, Emerald Coast Properties Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 582468
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 189 Patina Boulevard built and last sold?
The property at 189 Patina Boulevard was built in 2005 and last sold on Feb 1, 2022 for $950,000.
How much is this home worth?
The estimated value of the home located at 189 Patina Boulevard is $0.
What are some comparable homes to 189 Patina Boulevard?
There are currently no comparable homes to 189 Patina Boulevard.
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