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Navarre 32566 Navarre
2491 Vale Drive
$338,500
● House - Off Market

2491 Vale Drive

Navarre, FL 32566
bedrooms
3 Beds
bathrooms
2 Baths
$2,441
Est. Monthly
$566
HOA / Fees
3.27%
Cap Rate

About This Property

Welcome to this wonderful patio home nestled on a spacious corner lot in sought-after Holly By The Sea! This charming residence features a split floor plan for added privacy, along with a perfect space for a home office, formal dining room, or playroom - tailored to fit your lifestyle. You'll love the stylish flooring throughout including all bedrooms, and a newer roof and covered back patio, ideal for outdoor entertaining. The fully fenced backyard offers  double gate access, making it easy to access. With curb appeal, comfort, and flexibility, this home is a must see and one of the best buys in Holley By The Sea!
Unit Size
-
Days on Market
24 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$208
HOA Dues
$566
Year Built
1996

Payment Calculator

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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 #978872)

Price History

Date / Event Date Event Price
Jul 22, 2025 Sold
Premium
Sold
Jul 1, 2025 In contract -
In contract
Jun 12, 2025 Listed by The Premier Property Group $339,500
Listed by The Premier Property Group
Nov 8, 2021 Sold
Premium
Sold
Sep 9, 2021 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,946
  • Total Building Area: 2,176
  • Gross Building Area: 2,176
  • Building Area: 1,564
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,564
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLLEY SEA/1ST AMD
  • Land Acres: 0000000458
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: HOLLEY BY THE SEA LOT 3 BLK 118-B AS DES IN OR 4205 PG 694

Neighborhood

  • School District Name: Santa Rosa County School District
  • Census Tract: 010820

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 192 PG 204A
  • Parcel: 18-2S-26-1920-118B0-0030
  • Block: 118B0
  • Lot: 3
  • Meridian: SEC 18 TWN 2S RNG 26W
  • Municipality: HOLLEY-NAVARRE
  • Latitude: 30.4254
  • Longitude: -86.9363

    Address

  • Full Address: 2491 Vale Dr
  • Address - House Number: 2491
  • Address - Street Name: Vale
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Navarre
  • Carrier Code: R027
  • 4-Digit Zip Code: 8755
  • Zip Code: 32566

Valuation

    Tax

  • Total Area: 1,834
  • Tax Year: 2023
  • Tax Amount: $244,091
  • Tax Rate Code Area: 0012

    Appraisal Valuation

  • Standard Deviation: 0.2187
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 351,040
  • High Value: 427,826
  • Low Value: 274,254

    Market Valuation

  • Market Total Value: $253,419
  • Market Land Value: $65,000
  • Market Improvement Value: $188,419

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,161

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 74923
  • Previous Sale Recording Date: Nov 08, 2017
  • Previous Sale Contract Date: Nov 07, 2017
  • Previous Sale Amount: $199,900
  • 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 Navarre

Stats & Trends

Median Asking:

$424,900

Sale Price/ft²

$218

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1977 ft²

Average Home Age

14 years

Currently For Sale

103 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

Currently no nearby rentals
ECAR

Listed by: Holly T McHargue, The Premier Property Group
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 978872
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 2491 Vale Drive built and last sold?
The property at 2491 Vale Drive was built in 1996 and last sold on Nov 2, 2021 for $296,000.
How much is this home worth?
The estimated value of the home located at 2491 Vale Drive is $342,895.
What are some comparable homes to 2491 Vale Drive?
There are currently no comparable homes to 2491 Vale Drive.
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