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Navarre 32566 Navarre
1922 Bayou Drive
$305,000
● House - Off Market

1922 Bayou Drive

Navarre, FL 32566
bedrooms
3 Beds
bathrooms
2 Baths
$346,614
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Brand new roof installed by end of August. Welcome Home! Don't miss out on this lovely well maintained 3 BR, 2 BA home--it won't last long. MBR has a double vanity & features a large walk in closet. On the other side of this split floor plan discover 2 of 3 bedrooms, and a bathroom for guests or family. From the spacious garage enter into a laundry/mudroom area as soon as you come in. Step out back to a large backyard where you immediately picture a playground for the kids and entertainment area--there's a big patio. Owner upgraded appliances to stainless steel in 2014, replaced patio in 2016, upgraded to hybrid water heater in 2017, installed floating wooden floors in 2019, replaced chandeliers in 2020, upgraded A/C 3.5 ton in 2020, new sprinkler pump in 2021. Don't miss it! Call today
Unit Size
-
Days on Market
19 days
Land Size
0.46 acres
Price per sqft
-
Property Type
House
Property Taxes
$120
HOA Dues
$445
Year Built
2001

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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 #874098)

Price History

Date / Event Date Event Price
Jul 31, 2023 Sold
Premium
Sold
Jun 26, 2023 No longer available -
No longer available
Jun 15, 2023 Listed by World Impact Real Estate $369,900
Listed by World Impact Real Estate
Jul 28, 2021 Sold
Premium
Sold
Jun 10, 2021 Listed by World Impact Real Estate $299,900
Listed by World Impact Real Estate
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,985
  • Total Building Area: 2,512
  • Gross Building Area: 2,512
  • Building Area: 1,650
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,650
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLLEY SEA/1ST AMD
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: HOLLEY BY THE SEA LOT 6 BLK 256 AS DES IN OR 4419 PG 1992

Neighborhood

  • School District Name: Santa Rosa County School District
  • Census Tract: 010821

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 212 PG 223D
  • Parcel: 18-2S-26-1920-25600-0060
  • Block: 256
  • Lot: 6
  • Meridian: SEC 18 TWN 2S RNG 26W
  • Municipality: HOLLEY-NAVARRE
  • Latitude: 30.4063
  • Longitude: -86.908

    Address

  • Full Address: 1922 Bayou Dr
  • Address - House Number: 1922
  • Address - Street Name: Bayou
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Navarre
  • Carrier Code: R020
  • 4-Digit Zip Code: 7620
  • Zip Code: 32566

Valuation

    Tax

  • Total Area: 1,937
  • Tax Year: 2023
  • Tax Amount: $268,915
  • Tax Rate Code Area: 0012

    Appraisal Valuation

  • Standard Deviation: 0.4672
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 6
  • Final Value: 317,708
  • High Value: 466,149
  • Low Value: 169,266

    Market Valuation

  • Market Total Value: $275,959
  • Market Land Value: $65,000
  • Market Improvement Value: $210,959

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,627

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Jul 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 34242
  • Previous Sale Recording Date: Aug 06, 2003
  • Previous Sale Contract Date: Jul 24, 2003
  • Previous Sale Amount: $137,500
  • 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 Navarre

Stats & Trends

Median Asking:

$415,000

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2005 ft²

Average Home Age

15.7 years

Currently For Sale

138 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: Lee R Barr, World Impact Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 874098
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 1922 Bayou Drive built and last sold?
The property at 1922 Bayou Drive was built in 2001 and last sold on Jul 31, 2023 for $362,000.
How much is this home worth?
The estimated value of the home located at 1922 Bayou Drive is $0.
What are some comparable homes to 1922 Bayou Drive?
There are currently no comparable homes to 1922 Bayou Drive.
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