$300,000
●
Condo -
Off Market
197 Durango Road #UNIT4A
Destin, FL 32541
2 Beds
2 Baths
1,035 Ft²
$538,783
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model
About This Property
UPDATED & UPGRADED! Beautifully decorated and accessorized 4th
floor condo with outstanding Destin Harbor views! The kitchen has
been renovated with granite counter tops and stainless appliances.
Great floor plan with plenty of privacy for both bedrooms. Sun King
has recently been totally redone with new exterior paint, new
elevator, lobby, windows and doors. Pets are allowed! Private beach
access to all Holiday Isle beaches.
Unit Size
1,035 Ft²
Days on Market
-
Land Size
-
Price per sqft
$308
Property Type
Condo
Property Taxes
$248
HOA Dues
$490
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 #723340)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 10, 2016 | Sold | ||
| Sold | |||
| Feb 17, 2015 | Listed by Emerald Coast Properties Inc | $319,000 | |
| Listed by Emerald Coast Properties Inc | |||
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Parking Details
Parking Features: Garage, Covered, Guest, Other
Garage Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - All, Lighting Track, Newly Painted, Renovated, Split Bedroom, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
Rooms: 6
Exterior Details
Property Condition: Construction Complete
Year Built: 1981
Construction Materials: Concrete, Roof Built-Up, Roof Flat, Stucco
Pool Features: Pool Type
Financial Details
Tax Year: 2014
Tax Annual Amount: $2,978
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
Location Details
Association Fee Includes: Accounting, Ground Keeping, Insurance, Recreational Faclty, Sewer, Water, Cable TV, Trash
Association Fee Frequency: Monthly
Association Fee2: $490
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
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Listed by: Howard B Dolgoff, Emerald Coast Properties Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 723340
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 723340
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