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Destin 32541 Emerald Breeze Estates
194 Kel-Wen Circle
$275,000
● House - Off Market

194 Kel-Wen Circle

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,613 Ft²
$512,639
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Accepting Backup Offers -----All Brick home in secluded Community South of Hwy 98. Only 3 blocks to the Beach through the neighborhood subdivision easement path. Located on the inside corner of Kel-Wen Circle, this 3 bedroom, 2 bath, home has a large fenced in backyard with a patio & spacious screened porch. Back yard is large enough for a Pool. Living room features 12ft high vaulted ceilings, a large bay window, brick fireplace and hardwood floors. The open kitchen has tiled floors, vaulted ceiling, wood cabinetry, a large breakfast bar & pantry. The split floor plan adds privacy to the Master Bedroom. 2 Guest Bedrooms share a full bath. Master Bedroom has a large walk in closet and private bath and access to back patio. Convenient central location. No HOA in this Community
Unit Size
1,613 Ft²
Days on Market
-
Land Size
-
Price per sqft
$179
Property Type
House
Property Taxes
$149
HOA Dues
-
Year Built
1990

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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 #731514)

Price History

Date / Event Date Event Price
Oct 7, 2015 Sold
Premium
Sold
Jun 3, 2015 Listed by Berkshire Hathaway HomeServices PenFed Realty $289,000
Listed by Berkshire Hathaway HomeServices PenFed Realty
Jul 21, 2011 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 2,379
  • Gross Building Area: 2,379
  • Building Area: 1,627
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,627
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD BREEZE EST
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: EMERALD BREEZE EST LOT 1 BLK B

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023308

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-1017-000B-0010
  • Block: B
  • Lot: 1
  • Municipality: DESTIN
  • Latitude: 30.3874
  • Longitude: -86.4169

    Address

  • Full Address: 194 Kel Wen Cir
  • Address - House Number: 194
  • Address - Street Name: Kel Wen
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Destin
  • Carrier Code: C028
  • 4-Digit Zip Code: 3719
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,028
  • Tax Year: 2023
  • Tax Amount: $582,785
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1957
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 681,896
  • High Value: 815,347
  • Low Value: 548,446

    Market Valuation

  • Market Total Value: $487,841
  • Market Land Value: $188,401
  • Market Improvement Value: $299,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $487,841
  • Assessed Land Value: $188,401
  • Assessed Improvements Value: $299,440

    Sales

  • Current Sale Contract Date: Oct 06, 2015
  • Current Sale Recording Date: Oct 07, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3026203
  • Previous Sale Recording Date: Jul 21, 2011
  • Previous Sale Contract Date: Jul 18, 2011
  • Previous Sale Amount: $249,900
  • 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 Emerald Breeze Estates

Stats & Trends

Median Asking:

$629,500

Sale Price/ft²

$286

Below Asking

0.05%

Average Days on Market

134

Average Home Size

2572 ft²

Average Home Age

20 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

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ECAR

Listed by: William A Flynn, Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 731514
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 194 Kel Wen Circle built and last sold?
The property at 194 Kel Wen Circle was built in 1990 and last sold on Oct 6, 2015 for $275,000.
How much is this home worth?
The estimated value of the home located at 194 Kel Wen Circle is $291,378.
What are some comparable homes to 194 Kel Wen Circle?
There are currently no comparable homes to 194 Kel Wen Circle.
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