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Navarre 32566 Navarre
1940 Alhambra Street
$185,000
● Mobile Manufactured - Off Market

1940 Alhambra Street

Navarre, FL 32566
bedrooms
3 Beds
bathrooms
2 Baths
$909
Est. Monthly

About This Property

Whether you're a first-time buyer, downsizing, or searching for your very own close-to the-beach retreat, you'll appreciate the easy access to all the area conveniences plus the move-in ready comfort this home provides. Welcome to 1940 Alhambra Street - a beautifully updated home in the heart of Navarre, just minutes from schools, shopping & Navarre Beach. Fully renovated 3 years ago including new windows and HVAC, this home features an open layout, durable LVP flooring, and a floor plan perfect for everyday living and entertaining. The split-bedroom plan offers a private primary suite with walk-in closet and updated en-suite bath. Enjoy a fully fenced yard, large covered patio/carport, and storage shed. Call today to schedule your private showing!
Unit Size
-
Days on Market
29 days
Land Size
-
Price per sqft
-
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1985

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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 #972965)

Price History

Date / Event Date Event Price
May 2, 2025 Sold
Premium
Sold
Apr 9, 2025 In contract -
In contract
Apr 3, 2025 Listed by Coldwell Banker Realty $185,000
Listed by Coldwell Banker Realty
May 30, 2001 Sold
Premium
Sold
Jul 15, 1996 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,187
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 920
  • Gross Building Area: 920
  • Building Area: 920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 920
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NAVARRE
  • Land Acres: 0000000165
  • Standard Land Use Code: 1006
  • County Land Use Code: 000218
  • State Land Use Code: 002
  • Mobile Home Indicator: T
  • Legal Description 1: NAVARRE LOT 10 BLK 29 AS DES IN OR 4181 PG 1498 LESS ALL MINERAL RIGHTS

Neighborhood

  • School District Name: Santa Rosa County School District
  • Census Tract: 010827

Zoning

  • Zoning: TC-1

Geography

  • Assessors Map Reference: MAP 245 PG 258C
  • Parcel: 21-2S-26-2710-02900-0100
  • Block: 29
  • Lot: 10
  • Meridian: SEC 21 TWN 2S RNG 26W
  • Municipality: HOLLEY-NAVARRE
  • Latitude: 30.4058
  • Longitude: -86.8638

    Address

  • Full Address: 1940 Alhambra St
  • Address - House Number: 1940
  • Address - Street Name: Alhambra
  • Address - Suffix Type: St
  • State: FL
  • City Name: Navarre
  • Carrier Code: R033
  • 4-Digit Zip Code: 1032
  • Zip Code: 32566

Valuation

    Tax

  • Total Area: 920
  • Tax Year: 2023
  • Tax Amount: $94,082
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 0012

    Appraisal Valuation

  • Standard Deviation: 0.214
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 137,966
  • High Value: 167,502
  • Low Value: 108,431

    Market Valuation

  • Market Total Value: $70,245
  • Market Land Value: $44,640
  • Market Improvement Value: $25,605

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,245
  • Assessed Land Value: $44,640
  • Assessed Improvements Value: $25,605

    Sales

  • Current Sale Contract Date: May 24, 2001
  • Current Sale Recording Date: May 30, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 15, 1996
  • Previous Sale Contract Date: Jul 12, 1996
  • Previous Sale Amount: $33,000
  • 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 Navarre

Stats & Trends

Median Asking:

$424,900

Sale Price/ft²

$218

Below Asking

0.02%

Average Days on Market

73

Average Home Size

1984 ft²

Average Home Age

13.9 years

Currently For Sale

103 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: Cheryl D Purvines, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 972965
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 1940 Alhambra Street built and last sold?
The property at 1940 Alhambra Street was built in 1985 and last sold on May 24, 2001 for $15,000.
How much is this home worth?
The estimated value of the home located at 1940 Alhambra Street is $0.
What are some comparable homes to 1940 Alhambra Street?
There are currently no comparable homes to 1940 Alhambra Street.
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