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Navarre 32566 Navarre
2051 Bahama Drive
$175,000
● House - Off Market

2051 Bahama Drive

Navarre, FL 32566
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,900 Ft²
$310,422
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

This is a short sale and the $175,000.price is approved by Wells Fargo. They pay title and deed doc stamps. Attention Motor Home owners! Here's a perfect concrete slab for you! And if you're looking for a spacious floor plan that's open and airy with a dining room and a breakfast nook, a 4 bedroom home with a split bedroom plan, a separate laundry room, a 2 car garage, a big lot and space to parking numerous vehicles, you'll want to consider this one. There is a corner jetted garden tub, separate shower & walk-in closet in the Master. This home could put check marks on all you 'want to have' list. There's a cathedral ceiling in the living area, plant shelves, french doors to the back yard. You gotta see this one! Room sizes are estimates.
Unit Size
1,900 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$92
Property Type
House
Property Taxes
$131
HOA Dues
$377
Year Built
2000

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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 #730281)

Price History

Date / Event Date Event Price
Oct 20, 2015 Sold
Premium
Sold
May 21, 2015 Listed by RE/MAX Coastal Properties $175,000
Listed by RE/MAX Coastal Properties
Nov 1, 2011 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,994
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,663
  • Gross Building Area: 2,663
  • Building Area: 1,895
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,895
  • 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: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: HOLLEY BY THE SEA LOT 20 BLK 248 AS DES IN OR 3470 PG 1037 & IN OR 4161 PG 607

Neighborhood

  • School District Name: Santa Rosa County School District
  • Census Tract: 010821

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 212 PG 223A
  • Parcel: 18-2S-26-1920-24800-0200
  • Block: 248
  • Lot: 20
  • Meridian: SEC 18 TWN 2S RNG 26W
  • Municipality: HOLLEY-NAVARRE
  • Latitude: 30.4097
  • Longitude: -86.91

    Address

  • Full Address: 2051 Bahama Dr
  • Address - House Number: 2051
  • Address - Street Name: Bahama
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Navarre
  • Carrier Code: R020
  • 4-Digit Zip Code: 7697
  • Zip Code: 32566

Valuation

    Tax

  • Total Area: 2,195
  • Tax Year: 2023
  • Tax Amount: $164,517
  • Tax Rate Code Area: 0012

    Appraisal Valuation

  • Standard Deviation: 0.2013
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 368,110
  • High Value: 442,215
  • Low Value: 294,006

    Market Valuation

  • Market Total Value: $260,295
  • Market Land Value: $65,000
  • Market Improvement Value: $195,295

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,252

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 20, 2015
  • Current Sale Recording Date: Oct 20, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201539769
  • Previous Sale Recording Date: Nov 01, 2011
  • Previous Sale Contract Date: Oct 28, 2011
  • Previous Sale Amount: $187,500
  • 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 Navarre

Stats & Trends

Median Asking:

$424,900

Sale Price/ft²

$218

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1980 ft²

Average Home Age

13.5 years

Currently For Sale

96 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: Betty Cope, RE/MAX Coastal Properties
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 730281
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 2051 Bahama Drive built and last sold?
The property at 2051 Bahama Drive was built in 2000 and last sold on Oct 20, 2015 for $175,000.
How much is this home worth?
The estimated value of the home located at 2051 Bahama Drive is $189,164.
What are some comparable homes to 2051 Bahama Drive?
There are currently no comparable homes to 2051 Bahama Drive.
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