$210,000
●
Condo -
Off Market
197 Durango Road #3A
Destin, FL 32541
2 Beds
2 Baths
1,035 Ft²
$408,684
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model
About This Property
This is a fabulous 2 bedroom, 2 bath unit with private balconies
overlooking the Harbor and canal. This condo features Bamboo, tile
and carpet flooring throughout, nice size storage in unit, walk-in
closets, walk-in pantry and abundance of cabinets great for
storage. The kitchen has breakfast bar and open to the living area.
Complex also has approximately 35 boat slips. This is a great
location so close to great restaurants, Harborwalk Village and
shopping. Property being sold ''AS IS'' with right to inspect.
Purchase this property for as little as 3% down.
Unit Size
1,035 Ft²
Days on Market
-
Land Size
-
Price per sqft
$203
Property Type
Condo
Property Taxes
-
HOA Dues
$475
Year Built
-
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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 #600581)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2013 | Sold | ||
| Sold | |||
| Jul 10, 2013 | Listed by Keller Williams Realty Destin | $209,900 | |
| Listed by Keller Williams Realty Destin | |||
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Parking Details
Parking Features: Guest
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Breakfast Bar, Floor Hardwood, Floor Tile, Floor WW Carpet, Furnished - None, Washer/Dryer Hookup, Woodwork Painted
Appliances: Disposal, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric
Rooms: 10
Exterior Details
Property Condition: Construction Complete
Year Built: 1984
Construction Materials: Concrete, Roof Flat, Slab, Stucco, Trim Aluminum
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Utilities: Community Sewer, Community Water, Electric, Phone, TV Cable
Location Details
Association Fee Includes: Accounting, Ground Keeping, Management, Recreational Faclty, Sewer, Water, Trash
Association Fee Frequency: Monthly
Association Fee2: $475
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/08/2025
|
2 Bed
|
2 Bath
|
1400 ft²
|
$625,000
2 Bed
2 Bath
1400 ft²
|
$615,000
-1.60%
03/11/2025
|
Crystal Newborn
The Ketchersid Group LLC
| |
|
12/14/2023
|
2 Bed
|
1 Bath
|
-
|
$399,000
2 Bed
1 Bath
|
$365,000
-8.52%
04/17/2024
|
Rachael A Earley
Somers & Company
| |
|
09/04/2022
|
2 Bed
|
1 Bath
|
900 ft²
|
$495,000
2 Bed
1 Bath
900 ft²
|
-
-
|
John Paul Somers
Somers & Company
| |
|
03/19/2022
|
2 Bed
|
2 Bath
|
1356 ft²
|
$695,000
2 Bed
2 Bath
1356 ft²
|
-
-
|
Jake Maurer
EXP Realty LLC
| |
|
12/11/2020
|
2 Bed
|
2 Bath
|
1405 ft²
|
$399,000
2 Bed
2 Bath
1405 ft²
|
$390,000
-2.26%
05/03/2021
|
Corraine D Stichnoth
| |
|
08/18/2019
|
2 Bed
|
1 Bath
|
900 ft²
|
$284,500
2 Bed
1 Bath
900 ft²
|
-
-
|
-
| |
|
08/25/2019
|
2 Bed
|
2 Bath
|
1035 ft²
|
$379,900
2 Bed
2 Bath
1035 ft²
|
-
-
|
-
| |
|
05/06/2015
|
2 Bed
|
2 Bath
|
1400 ft²
|
$398,000
2 Bed
2 Bath
1400 ft²
|
$380,000
-4.52%
07/24/2015
|
Hal Crane
Ocean Reef Realty Inc
| |
|
02/21/2015
|
3 Bed
|
2 Bath
|
1535 ft²
|
$299,000
3 Bed
2 Bath
1535 ft²
|
$275,000
-8.03%
06/08/2015
|
Hal Crane
Ocean Reef Realty Inc
| |
|
02/17/2015
|
2 Bed
|
2 Bath
|
1035 ft²
|
$319,000
2 Bed
2 Bath
1035 ft²
|
$300,000
-5.96%
08/10/2016
|
Howard Dolgoff
Emerald Coast Properties Inc
| |
|
07/10/2013
|
2 Bed
|
2 Bath
|
1035 ft²
|
$209,900
2 Bed
2 Bath
1035 ft²
|
$210,000
+0.05%
09/16/2013
|
The Kelly Group Team
Keller Williams Realty Destin
| |
|
06/17/2013
|
2 Bed
|
1 Bath
|
962 ft²
|
$215,000
2 Bed
1 Bath
962 ft²
|
$189,000
-12.09%
10/17/2013
|
Jim Skinner
Coldwell Banker Realty
|
Building Info
About Destin
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: The Kelly Group Team, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 600581
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 600581
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