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Okaloosa 32578 Villas Saint Andrews
19 Balmoral Drive
$200,000
● House - Off Market

19 Balmoral Drive

Niceville, FL 32578
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,000 Ft²
$453,726
RealtyHop Estimate
120.26%
Since May 1, 2012
National-US
Primary Model

About This Property

CASUAL ELEGANCE IN THIS COMPLETELY FURNISHED VILLA ON THE 1ST FAIRWAY OF LAKE COURSE AT BLUEWATER BAY OVERLOOKING A LAKE TOO.PEACEFUL! TOP OF THE LINE UPGRADES INCLUDES ANDERSON WINDOWS DELUXE BATHS GARAGE WITH GOLF CART STORAGE CUSTOM GUEST CLOSET. ELECTRONIC LOCKBOX ON RIGHT SIDE HOUSE ON HOSE BIB.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$103
Property Type
House
Property Taxes
-
HOA Dues
$150
Year Built
1982

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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 #575245)

Price History

Date / Event Date Event Price
Mar 20, 2023 Sold
Premium
Sold
Dec 30, 2020 Sold
Premium
Sold
Nov 1, 2019 Sold
Premium
Sold
Sep 11, 2019 No longer available -
No longer available
Sep 2, 2019 Listed by Keller Williams Realty Nville $315,000
Listed by Keller Williams Realty Nville
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 572
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,437
  • Total Building Area: 2,909
  • Gross Building Area: 2,909
  • Building Area: 1,983
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,983
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAS ST ANDREWS B/B
  • Land Acres: 0000000194
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: VILLAS ST ANDREWS B/B UNIT 19

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021002

Geography

  • Assessors Map Reference: 39
  • Parcel: 22-1S-22-2655-0000-0190
  • Meridian: SEC 22 TWN 01S RNG 22W
  • Municipality: NORTH BAY FIRE
  • Latitude: 30.4843
  • Longitude: -86.4318

    Address

  • Full Address: 19 Balmoral Dr
  • Address - House Number: 19
  • Address - Street Name: Balmoral
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Niceville
  • Carrier Code: R003
  • 4-Digit Zip Code: 3836
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,489
  • Tax Year: 2023
  • Tax Amount: $351,757
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 501,369
  • High Value: 598,495
  • Low Value: 404,243

    Market Valuation

  • Market Total Value: $409,569
  • Market Land Value: $114,063
  • Market Improvement Value: $295,506

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $326,788

    Sales

  • Current Sale Contract Date: Mar 17, 2023
  • Current Sale Recording Date: Mar 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3612383
  • Previous Sale Recording Date: Dec 30, 2020
  • Previous Sale Contract Date: Dec 17, 2020
  • Previous Sale Amount: $330,000
  • 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 Bluewater Bay

Stats & Trends

Median Asking:

$495,000

Sale Price/ft²

$258

Below Asking

0.01%

Average Days on Market

67

Average Home Size

2057 ft²

Average Home Age

31 years

Currently For Sale

51 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: G Jean Floyd, Keller Williams Realty Nville
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 575245
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 19 Balmoral Drive built and last sold?
The property at 19 Balmoral Drive was built in 1982 and last sold on Mar 17, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 19 Balmoral Drive is $323,670.
What are some comparable homes to 19 Balmoral Drive?
There are currently no comparable homes to 19 Balmoral Drive.
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