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Destin 32541 Emerald Breeze Estates
237 Kono Way
$275,000
● House - Off Market

237 Kono Way

Destin, FL 32541
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
1,868 Ft²
$591,814
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

LOCATION, LOCATION, LOCATION!! You must see this Mediterranean-style home in the gated community of Villages of Crystal Beach centrally located in Destin within walking distance of the beaches, shopping and dining! The home offers four full bedrooms (two master suites), an upstairs bonus area, and 3 and a half baths making it perfect for large family vacations (can sleep up to 12). Upgrades include bamboo and tile flooring, granite countertops, and crown molding. Enjoy cool afternoon breezes from the covered balconies in addition to convenience and ease of a first floor master bedroom. The Villages of Crystal Beach has a spa, lavish 30,000 square foot lagoon pool with waterfalls and landscaped islands in addition to offering seasonal shuttle service to the Beach and Destin Commons.
Unit Size
1,868 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$147
Property Type
House
Property Taxes
-
HOA Dues
$953
Year Built
2006

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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 #559378)

Price History

Date / Event Date Event Price
Aug 13, 2012 Sold
Premium
Sold
Jun 15, 2011 Listed by Keller Williams Realty Destin $275,000
Listed by Keller Williams Realty Destin
Aug 23, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 4
  • Floor Count: 200
  • 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: 0

    Dimensions

  • Lot Size Square Feet: 1,170
  • Total Building Area: 2,250
  • Gross Building Area: 2,250
  • Building Area: 1,950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,950
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGES OF CRYSTAL BEACH
  • Land Acres: 0000000027
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: VILLAGES OF CRYSTAL BEACH LOT 97

Neighborhood

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

Geography

  • Parcel: 00-2S-22-1125-0000-0970
  • Lot: 97
  • Municipality: DESTIN
  • Latitude: 30.3878
  • Longitude: -86.4187

    Address

  • Full Address: 237 Kono Way
  • Address - House Number: 237
  • Address - Street Name: Kono
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Destin
  • Carrier Code: C020
  • 4-Digit Zip Code: 3526
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,040
  • Tax Year: 2023
  • Tax Amount: $922,947
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 937,625
  • High Value: 1,104,759
  • Low Value: 770,491

    Market Valuation

  • Market Total Value: $772,586
  • Market Land Value: $280,000
  • Market Improvement Value: $492,586

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $772,586
  • Assessed Land Value: $280,000
  • Assessed Improvements Value: $492,586

    Sales

  • Current Sale Contract Date: Aug 10, 2012
  • Current Sale Recording Date: Aug 13, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2794073
  • Previous Sale Recording Date: Aug 23, 2006
  • Previous Sale Contract Date: Aug 15, 2006
  • Previous Sale Amount: $740,000
  • 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 Emerald Breeze Estates

Stats & Trends

Median Asking:

$629,500

Sale Price/ft²

$286

Below Asking

0.05%

Average Days on Market

134

Average Home Size

2572 ft²

Average Home Age

20 years

Currently For Sale

1 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: Laurie E Hollowell, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 559378
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 237 Kono Way built and last sold?
The property at 237 Kono Way was built in 2006 and last sold on Aug 10, 2012 for $275,000.
How much is this home worth?
The estimated value of the home located at 237 Kono Way is $0.
What are some comparable homes to 237 Kono Way?
There are currently no comparable homes to 237 Kono Way.
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