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Navarre 32566 Navarre
1981 Sunrise Drive
$200,000
● House - Off Market

1981 Sunrise Drive

Navarre, FL 32566
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,184 Ft²
$237,134
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Great home in the much sought after Holley by the Sea! New roof 2020! This could be a great Investment property or short term rental! Spacious living room that opens to the dining area and then to the kitchen. Both bedrooms are good sizes. The master suite is off the living room. The second bedroom is off the dining area and has the second bathroom next to it. Stainless 5 door refrigerator in the kitchen! The laundry room opens off the kitchen. and the washer and dryer will remain with the house. Screened in front porch. Oversized Screened in room at the back of the house. There is a workshop/shed plus an Eco shed that the seller parks his car inside. Fenced backyard with double gate on one side. The property goes beyond the back fence. Some of the furnishings can stay with the house.
Unit Size
1,184 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$165
Property Type
House
Property Taxes
$52
HOA Dues
$425
Year Built
1981

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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 #865362)

Price History

Date / Event Date Event Price
Apr 7, 2021 Sold
Premium
Sold
Feb 23, 2021 Listed by Keller Williams Realty Navarre $195,000
Listed by Keller Williams Realty Navarre
Jun 1, 2016 Sold
Premium
Sold
May 17, 2016 Listed by Keller Williams Realty Navarre $50,000
Listed by Keller Williams Realty Navarre

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,261
  • Lot Size Depth Feet: 2,330
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,882
  • Gross Building Area: 1,882
  • Building Area: 1,098
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,098
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLLEY SEA/1ST AMD
  • Land Acres: 0000000534
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: HOLLEY BY THE SEA LOT 19 BLK 34 AS DES IN OR 4099 PG 1565

Neighborhood

  • School District Name: Santa Rosa County School District
  • Census Tract: 010820

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 193 PG 204D
  • Parcel: 18-2S-26-1920-03400-0190
  • Block: 34
  • Lot: 19
  • Meridian: SEC 18 TWN 2S RNG 26W
  • Municipality: HOLLEY-NAVARRE
  • Latitude: 30.4093
  • Longitude: -86.9358

    Address

  • Full Address: 1981 Sunrise Dr
  • Address - House Number: 1981
  • Address - Street Name: Sunrise
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Navarre
  • Carrier Code: R035
  • 4-Digit Zip Code: 8541
  • Zip Code: 32566

Valuation

    Tax

  • Total Area: 1,430
  • Tax Year: 2023
  • Tax Amount: $162,275
  • Tax Rate Code Area: 0012

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 268,248
  • High Value: 329,485
  • Low Value: 207,012

    Market Valuation

  • Market Total Value: $185,756
  • Market Land Value: $65,000
  • Market Improvement Value: $120,756

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,415

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 05, 2021
  • Current Sale Recording Date: Apr 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202122775
  • Previous Sale Recording Date: Jun 01, 2016
  • Previous Sale Contract Date: Jun 01, 2016
  • Previous Sale Amount: $100
  • Previous Sale Document Type: 27
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:

$415,000

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2005 ft²

Average Home Age

15.7 years

Currently For Sale

138 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: Diane F Tharp, Keller Williams Realty Navarre
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 865362
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 1981 Sunrise Drive built and last sold?
The property at 1981 Sunrise Drive was built in 1981 and last sold on Apr 5, 2021 for $200,000.
How much is this home worth?
The estimated value of the home located at 1981 Sunrise Drive is $0.
What are some comparable homes to 1981 Sunrise Drive?
There are currently no comparable homes to 1981 Sunrise Drive.
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