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Wright 32548
203 MANRING Drive
$459,000
● House - Off Market

203 MANRING Drive

Fort Walton Beach, FL 32547
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,696 Ft²
$775,239
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

This home is absolutely gorgeous!!!!! Amazing and tranquil views of Gap Creek (with access to Cinco Bayou and the Gulf of Mexico)!!! The kitchen boasts custom cabinetry with crown moulding and plant ledges, 3 CM. Granite countertops, Frigidaire Gallery series stainless appliances {including a commercial grade refrigerator/ freezer),and roomy breakfast bar. The greatroom is located at the rear of the home and opens to a large porch, which is perfect for entertaining. The master suite is located at the left, rear, of the home and has 2 large walk - in closets, double vanities, whirlpool bath with separate shower, and glass enclosure, and a linen closet. Home has a Taexx ,''in the wall'', pest control system that is serviced from the exterior of the home, for owner's convenience. Dock permit application is in process.
Unit Size
2,696 Ft²
Days on Market
-
Land Size
-
Price per sqft
$170
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016

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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 #749205)

Price History

Date / Event Date Event Price
Aug 10, 2016 Sold
Premium
Sold
Apr 4, 2016 Sold
Premium
Sold
Mar 9, 2016 Listed by Keller Williams Realty FWB $459,000
Listed by Keller Williams Realty FWB

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 3
  • Garage Square Area: 1,462
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,481
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,525
  • Gross Building Area: 4,525
  • Building Area: 2,760
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 13
  • Heated Square Feet: 2,760
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINE OF OVERBROOK S/D
  • Land Acres: 0000000700
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: COM SW COR OF SE1/4 OF NW1/4 N ALG LINE 2090FT E ALG S R/W MANRING DR 83.72FT TO POB S

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021902

Geography

  • Assessors Map Reference: 52
  • Parcel: 10-2S-24-0000-0036-0000
  • Block: 36
  • Lot: 19-20
  • Meridian: SEC 10 TWN 02S RNG 24W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4327
  • Longitude: -86.6429

    Address

  • Full Address: 203 Manring Dr
  • Address - House Number: 203
  • Address - Street Name: Manring
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 3584
  • Zip Code: 32547

Valuation

    Tax

  • Total Area: 3,143
  • Tax Year: 2023
  • Tax Amount: $425,498
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 698,344
  • High Value: 822,825
  • Low Value: 573,862

    Market Valuation

  • Market Total Value: $674,625
  • Market Land Value: $74,250
  • Market Improvement Value: $600,375

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $387,632

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 05, 2016
  • Current Sale Recording Date: Aug 10, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3083054
  • Previous Sale Recording Date: Apr 04, 2016
  • Previous Sale Contract Date: Mar 31, 2016
  • Previous Sale Amount: $295,000
  • 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 Wright

Stats & Trends

Median Asking:

$319,000

Sale Price/ft²

$216

Below Asking

0.02%

Average Days on Market

70

Average Home Size

1663 ft²

Average Home Age

33.2 years

Currently For Sale

91 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: Johnnette J Acree, Keller Williams Realty FWB
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 749205
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 203 Manring Drive built and last sold?
The property at 203 Manring Drive was built in 2016 and last sold on Aug 5, 2016 for $459,000.
How much is this home worth?
The estimated value of the home located at 203 Manring Drive is $0.
What are some comparable homes to 203 Manring Drive?
There are currently no comparable homes to 203 Manring Drive.
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