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Ocean City 32547
216 FOREST Drive
$264,000
● House - Off Market

216 FOREST Drive

Fort Walton Beach, FL 32547
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,580 Ft²
$455,656
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Large home with a screened in pool, great for entertaining. The effective year built of this home is 1980. It has many updates to include custom kitchen cabinets, stainless steel appliances, granite and a game room. Huge wired workshop conveys with the home. You can rest easy with the brand new HVAC system installed in 2016. The pool pump has just been replaced and the liner was replaced in 2014. Home has two HWH less than five years old. This home is convenient to Eglin AFB and Hurlburt Field, shopping, restaurants and the white sand beaches of the Gulf of Mexico.
Unit Size
2,580 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$105
Property Type
House
Property Taxes
$133
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #754158)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
Oct 5, 2016 Sold
Premium
Sold
Jun 3, 2016 Listed by Berkshire Hathaway HomeServices PenFed Realty $269,900
Listed by Berkshire Hathaway HomeServices PenFed Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 2
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,703
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,778
  • Gross Building Area: 2,778
  • Building Area: 2,580
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,580
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 2ND ADD GARNIER BCH
  • Land Acres: 0000000223
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: 2ND ADD GARNIER BCH LOT 9 BLK 6

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 022100

Geography

  • Assessors Map Reference: 43
  • Parcel: 02-2S-24-1002-0006-0090
  • Block: 6
  • Lot: 9
  • Meridian: SEC 02 TWN 02S RNG 24W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4372
  • Longitude: -86.6105

    Address

  • Full Address: 216 Forest Dr
  • Address - House Number: 216
  • Address - Street Name: Forest
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C012
  • 4-Digit Zip Code: 2609
  • Zip Code: 32547

Valuation

    Tax

  • Total Area: 2,639
  • Tax Year: 2023
  • Tax Amount: $227,065
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1942
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 480,046
  • High Value: 573,319
  • Low Value: 386,773

    Market Valuation

  • Market Total Value: $331,791
  • Market Land Value: $43,684
  • Market Improvement Value: $288,107

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,506

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 30, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3301908
  • Previous Sale Recording Date: Oct 05, 2016
  • Previous Sale Contract Date: Sep 30, 2016
  • Previous Sale Amount: $264,000
  • 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 Ocean City

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$227

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2252 ft²

Average Home Age

30.4 years

Currently For Sale

21 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: Cathy J Alley, Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 754158
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 216 Forest Drive built and last sold?
The property at 216 Forest Drive was built in 1956 and last sold on Aug 30, 2019 for $310,000.
How much is this home worth?
The estimated value of the home located at 216 Forest Drive is $290,738.
What are some comparable homes to 216 Forest Drive?
There are currently no comparable homes to 216 Forest Drive.
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