88
Map
2319 Canal Drive
About This Property
Step outside and enjoy your own private Florida getaway. The heated and cooled glassed-in sunroom overlooks the pool and spa, creating a comfortable space to enjoy backyard views year-round. Outside, the fenced backyard offers plenty of room to relax, entertain, and enjoy life outdoors. Need space for projects, hobbies, a workshop, extra storage, or a place to tinker? You'll love the two detached outbuildings--both with power--giving you plenty of options to make the space your own.
Conveniently located near top-rated schools, Eglin Air Force Base, Destin, local parks, shopping, and dining. This home offers the lifestyle that makes Niceville one of Northwest Florida's most desirable places to call home.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2026 | Sold | ||
| Sold | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
| Jul 3, 2026 | Relisted | $624,990 | |
| Relisted | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
| Jun 12, 2026 | Listed by Coldwell Banker Realty | $624,990 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017