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Okaloosa 32541 Calusa Bay
226 Calusa Boulevard
$285,000
● House - Off Market

226 Calusa Boulevard

Destin, FL 32541
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,705 Ft²
$507,323
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

True 2nd home and it shows! Located on the 5th Fairway of Regatta Bay golf course with incredible views! This energy efficient home has heat & light blocking 3M film on windows & even extra insulation in garage! Other appointments include laundry room with additional storage cabinets and deep sink, lights in the cabinets under the counter in both baths, whole house surge protector, landscape lighting, all wood blinds, and built-in accordion style hurricane shutters on all 3 sliding glass doors! Heat pump installed in June 2012 with humidity control and transferable 10 year warranty on parts AND labor. 2nd floor office loft with built in book shelves and storage cabinets with balcony overlooking the golf course. This well maintained home is ready to move in and call your own!
Unit Size
1,705 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$176
Property Type
House
Property Taxes
$171
HOA Dues
$190
Year Built
2001

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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 #735047)

Price History

Date / Event Date Event Price
Nov 2, 2020 Sold
Premium
Sold
Jul 7, 2016 Sold
Premium
Sold
Jul 26, 2015 Listed by Dale E Peterson Realty Inc $299,900
Listed by Dale E Peterson Realty Inc
Nov 1, 2000 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 300
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,999
  • Total Building Area: 2,620
  • Gross Building Area: 2,620
  • Building Area: 2,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,100
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CALUSA BAY S/D
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: CALUSA BAY S/D LOT 8 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023308

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-0068-000A-0080
  • Block: A
  • Lot: 8
  • Municipality: DESTIN FIRE DISTRICT
  • Latitude: 30.3891
  • Longitude: -86.4056

    Address

  • Full Address: 226 Calusa Blvd
  • Address - House Number: 226
  • Address - Street Name: Calusa
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Destin
  • Carrier Code: C028
  • 4-Digit Zip Code: 3708
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,318
  • Tax Year: 2023
  • Tax Amount: $312,200
  • Tax Rate Code Area: 009

    Appraisal Valuation

  • Standard Deviation: 0.1955
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 666,664
  • High Value: 797,044
  • Low Value: 536,284

    Market Valuation

  • Market Total Value: $526,101
  • Market Land Value: $151,800
  • Market Improvement Value: $374,301

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,810

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3404060
  • Previous Sale Recording Date: Nov 01, 2000
  • Previous Sale Contract Date: Oct 27, 2000
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: 20
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 Calusa Bay

Stats & Trends

Median Asking:

$648,950

Sale Price/ft²

$280

Above Asking

0.00%

Average Days on Market

60

Average Home Size

2264 ft²

Average Home Age

9.5 years

Currently For Sale

11 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

Rentals Near You

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ECAR

Listed by: E Michelle Terry, Dale E Peterson Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 735047
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 226 Calusa Boulevard built and last sold?
The property at 226 Calusa Boulevard was built in 2001 and last sold on Oct 30, 2020 for $369,900.
How much is this home worth?
The estimated value of the home located at 226 Calusa Boulevard is $0.
What are some comparable homes to 226 Calusa Boulevard?
There are currently no comparable homes to 226 Calusa Boulevard.
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