$57,000
●
House -
Off Market
207 Ann Circle #4
Destin, FL 32541
2 Beds
2 Baths,
1
Half Bath
1,324 Ft²
$106,815
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model
About This Property
Great 2 bedroom/1.5 bath town home situated in the heart of
Destin...The town home offers an open living/dining area, tile
flooring, breakfast bar and nice kitchen...Exterior features
include a fenced back yard, deck, pavers and a large stainless
steel sink...Centrally located to schools, shopping and the
beach...A pre-qual letter from a Bank of America Home Loans office
must accompany all offers...
Unit Size
1,324 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$37
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Operating Profit Per Year
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 #582553)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2019 | Sold | ||
| Sold | |||
| Nov 29, 2016 | Sold | ||
| Sold | |||
| Oct 21, 2016 | Listed by Flatfee.Com | $89,999 | |
| Listed by Flatfee.Com | |||
| | |||
|
Investors Dream!! No HOA fees. Great Rental in high demand location. Move in READY. Large Townhouse located in the Heart of Destin. Two spacious bedrooms upstairs and full bath. Downstairs offers large open Living/dining area, tile flooring, new kitchen counters/cabinets/sink and oven added in 2013. New Hot Water heater replaced in 2014. Back yard has privacy fence and deck and brick pavers.
| |||
| Sep 27, 2012 | Sold | ||
| Sold | |||
| Aug 18, 2012 | Listed by RE/MAX Coastal Properties | $49,500 | |
| Listed by RE/MAX Coastal Properties | |||
Property Highlights
Air Conditioning
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1
Interior Features: Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - None, Washer/Dryer Hookup
Appliances: Dishwasher, Refrigerator, Stove/Oven Electric
Rooms: 6
Exterior Details
Road Frontage Type: City Street
Property Condition: Construction Complete
Year Built: 1985
Construction Materials: Frame, Roof Composite Shngl, Vinyl Siding, Stone
Cul-De-Sac
Lot Size Dimensions: 16X100
Lot Size Acres: 0.04
Lot Size Square Feet: 1742.4
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Utilities: Public Sewer, Public Water, TV Cable
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 |
|---|---|---|---|---|---|---|---|
|
12/30/2023
|
2 Bed
|
1.5 Bath
|
1216 ft²
|
$299,900
2 Bed
1.5 Bath
1216 ft²
|
-
-
|
Christine A Cleek
Rising Star Real Estate Inc
| |
|
10/07/2022
|
2 Bed
|
2 Bath
|
1216 ft²
|
$229,900
2 Bed
2 Bath
1216 ft²
|
$229,000
-0.39%
10/21/2022
|
Vasilena Muerova
World Impact Real Estate
| |
|
05/21/2021
|
2 Bed
|
2 Bath
|
1216 ft²
|
$255,000
2 Bed
2 Bath
1216 ft²
|
-
-
|
Simona M Ghile
Realty ONE Group Emerald Coast
| |
|
11/22/2020
|
3 Bed
|
3 Bath
|
1368 ft²
|
$255,000
3 Bed
3 Bath
1368 ft²
|
$86,623
-66.03%
05/18/2021
|
Ed & Terri Smith
| |
|
11/22/2020
|
3 Bed
|
3 Bath
|
1575 ft²
|
$315,000
3 Bed
3 Bath
1575 ft²
|
$86,623
-72.50%
05/18/2021
|
Ed & Terri Smith
RE/MAX Coastal Properties
| |
|
11/10/2020
|
3 Bed
|
3 Bath
|
1368 ft²
|
$255,000
3 Bed
3 Bath
1368 ft²
|
-
-
|
-
| |
|
09/26/2020
|
3 Bed
|
3 Bath
|
1368 ft²
|
$255,000
3 Bed
3 Bath
1368 ft²
|
$86,623
-66.03%
05/18/2021
|
Ed & Terri Smith
| |
|
04/22/2019
|
2 Bed
|
2 Bath
|
1216 ft²
|
$129,900
2 Bed
2 Bath
1216 ft²
|
-
-
|
-
| |
|
10/21/2016
|
2 Bed
|
2 Bath
|
1216 ft²
|
$89,999
2 Bed
2 Bath
1216 ft²
|
$77,500
-13.89%
11/29/2016
|
Cliff Glansen
Flatfee.Com
| |
|
06/10/2016
|
2 Bed
|
2 Bath
|
1216 ft²
|
$53,500
2 Bed
2 Bath
1216 ft²
|
$70,000
+30.84%
06/30/2016
|
Colleen Dewise
Dewise Realty Llc
| |
|
08/18/2012
|
2 Bed
|
2 Bath
|
1324 ft²
|
$49,500
2 Bed
2 Bath
1324 ft²
|
$57,000
+15.15%
09/27/2012
|
Ed & Terri Smith
RE/MAX Coastal Properties
|
Building Info
About Downtown Destin
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Ed & Terri Smith, RE/MAX Coastal Properties
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 582553
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 582553
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