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Lake Lorraine 32579 Port Dixie
25 7TH Street
$195,000
● House - Off Market

25 7TH Street

Shalimar, FL 32579
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,335 Ft²
$337,479
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

PRETTY NEWER HOME! Spacious open floor plan ideal for entertaining. Nice trey ceilings & crown molding. Beautiful kitchen w/ granite countertops, black appliances & dark cherry wood cabinets. Split bedroom plan for extra privacy. Master bathroom has a walk-in closet. Tile throughout except for carpet in the bedrooms. All electric! Garage has pull down stairs for extra storage, auto opener & the washer/dryer hook ups. Home also features a covered back patio, large privacy fenced back yard & lawn pump/sprinkler system. Transferrable termite bond w/ FL Pest. Call to see today! This one won't last long! Property to be sold as is. Sale subject to existing lease, expiring 8/31/16.
Unit Size
1,335 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$150
Property Type
House
Property Taxes
$148
HOA Dues
-
Year Built
2009

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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 #755425)

Price History

Date / Event Date Event Price
Apr 1, 2022 Sold
Premium
Sold
Feb 26, 2022 No longer available -
No longer available
Feb 24, 2022 Listed by Dream Team Realty of NW Florida LLC $292,000
Listed by Dream Team Realty of NW Florida LLC
Sep 16, 2016 Sold
Premium
Sold
Jun 20, 2016 Listed by Dream Team Realty of NW Florida LLC $199,900
Listed by Dream Team Realty of NW Florida LLC
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 414
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,899
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,893
  • Gross Building Area: 1,893
  • Building Area: 1,335
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,335
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PORT DIXIE
  • Land Acres: 0000000181
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: PORT DIXIE THE N 60FT OF THE FOLLOWING LOTS 11 THRU 15 BLK 39 AND

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021501

Geography

  • Assessors Map Reference: MAP 9
  • Parcel: 05-2S-23-2080-0039-0150
  • Block: 39
  • Lot: 11-15
  • Meridian: SEC 05 TWN 02S RNG 23W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4395
  • Longitude: -86.5718

    Address

  • Full Address: 25 7th St
  • Address - House Number: 25
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Shalimar
  • Carrier Code: C008
  • 4-Digit Zip Code: 1840
  • Zip Code: 32579

Valuation

    Tax

  • Total Area: 1,606
  • Tax Year: 2023
  • Tax Amount: $260,373
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 330,609
  • High Value: 400,016
  • Low Value: 261,203

    Market Valuation

  • Market Total Value: $249,254
  • Market Land Value: $58,203
  • Market Improvement Value: $191,051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,254
  • Assessed Land Value: $58,203
  • Assessed Improvements Value: $191,051

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 01, 2022
  • Current Sale Recording Date: Apr 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3539274
  • Previous Sale Recording Date: Sep 16, 2016
  • Previous Sale Contract Date: Sep 14, 2016
  • Previous Sale Amount: $195,000
  • 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 Port Dixie

Stats & Trends

Median Asking:

$327,000

Sale Price/ft²

$217

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1707 ft²

Average Home Age

38.9 years

Currently For Sale

37 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: Jennifer M Vo, Dream Team Realty of NW Florida LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 755425
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 25 7th Street built and last sold?
The property at 25 7th Street was built in 2009 and last sold on Apr 1, 2022 for $310,000.
How much is this home worth?
The estimated value of the home located at 25 7th Street is $290,315.
What are some comparable homes to 25 7th Street?
There are currently no comparable homes to 25 7th Street.
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