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Walton 32413
198 E Seacrest Beach Boulevard
$738,000
● House - Off Market

198 E Seacrest Beach Boulevard

Seacrest, FL 32461
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,126,283
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

TURN-KEY SEACREST BEACH RENTAL MACHINE!! This gorgeous home in the heart of Seacrest Beach boasts a functional floor plan, luxurious finishes, and ideal location just steps to the 12,000 sq ft resort-style community pool, an appealing trifecta which yields lucrative rental performance. This home features a highly sought-after private suite on the ground floor, plus a convenient half bath, spacious living/dining area, and a beautiful kitchen with stainless steel appliances and access to a charming screened patio, perfect for enjoying your morning coffee before embarking on a day at the beach. Upstairs, a luxurious master suite with spacious en suite bath and 2 additional bedrooms with a jack-and-jill style bath each have access to the wraparound balcony. 2019 reservations already booking!
Unit Size
-
Days on Market
148 days
Land Size
0.07 acres
Price per sqft
-
Property Type
House
Property Taxes
$499
HOA Dues
$675
Year Built
2004

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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 #810884)

Price History

Date / Event Date Event Price
Apr 12, 2019 Sold
Premium
Sold
Nov 13, 2018 Listed by Scenic Sotheby's International Realty $759,000
Listed by Scenic Sotheby's International Realty
Apr 2, 2013 Sold
Premium
Sold
Jan 28, 2013 Listed by Scenic Sotheby's International Realty $579,000
Listed by Scenic Sotheby's International Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,136
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 370
  • Total Building Area: 2,212
  • Gross Building Area: 2,212
  • Building Area: 2,212
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,212
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEACREST BEACH PH 7
  • Land Acres: 0000000072
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 29 BLK I SEACREST BEACH PH 7 S/D PB 14-80 OR 2363-1021 OR 2416-1037 OR 2544-169 OR 2616-2462 OR 2916-1208 OR 3102-1468

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950611

Geography

  • Assessors Map Reference: S3-26-18
  • Subdivision Phase Number: 7
  • Parcel: 26-3S-18-16033-00I-0290
  • Block: I
  • Lot: 29
  • Meridian: SEC 26 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.2836
  • Longitude: -86.0186

    Address

  • Full Address: 198 Seacrest Beach Blvd E
  • Address - House Number: 198
  • Street Segment Direction: E
  • Address - Street Name: Seacrest Beach
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R032
  • 4-Digit Zip Code: 6988
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 2,429
  • Tax Year: 2022
  • Tax Amount: $919,260
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2678
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 1,731,195
  • High Value: 2,194,950
  • Low Value: 1,267,440

    Market Valuation

  • Market Total Value: $1,229,194
  • Market Land Value: $445,110
  • Market Improvement Value: $784,084

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,229,194
  • Assessed Land Value: $445,110
  • Assessed Improvements Value: $784,084

    Sales

  • Current Sale Contract Date: Apr 12, 2019
  • Current Sale Recording Date: Apr 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20190011322
  • Previous Sale Recording Date: Apr 02, 2013
  • Previous Sale Contract Date: Mar 29, 2013
  • Previous Sale Amount: $512,500
  • 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 Walton

Stats & Trends

Median Asking:

$719,900

Sale Price/ft²

$421

Below Asking

0.03%

Average Days on Market

98

Average Home Size

2297 ft²

Average Home Age

16.9 years

Currently For Sale

2285 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: Craig Baranowski, Scenic Sotheby's International Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 810884
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 198 Seacrest Beach Boulevard East built and last sold?
The property at 198 Seacrest Beach Boulevard East was built in 2004 and last sold on Apr 12, 2019 for $738,000.
How much is this home worth?
The estimated value of the home located at 198 Seacrest Beach Boulevard East is $766,590.
What are some comparable homes to 198 Seacrest Beach Boulevard East?
There are currently no comparable homes to 198 Seacrest Beach Boulevard East.
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