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Destin 32541 Downtown Destin
251 Bent Arrow Drive
$149,900
● House - Off Market

251 Bent Arrow Drive

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,224 Ft²
$279,764
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

Super cute in Destin. This 3 bedroom 2 bath home is located in the heart of Destin and comes with vinyl siding, fenced back yard and 1 car garage. Mins from the beach, shopping, and all that Destin and the surrounding area has to offer! Split bedroom design with trayed ceilings, tile and more. If you are an investor or looking to find a way to purchase in Destin, you've found it! Call today for your showing.
Unit Size
1,224 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$122
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999

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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 #717632)

Price History

Date / Event Date Event Price
Sep 14, 2021 Sold
Premium
Sold
Jul 26, 2021 No longer available -
No longer available
Jul 14, 2021 Listed by Assurance Realty of NWFL LLC $329,900
Listed by Assurance Realty of NWFL LLC
Dec 1, 2014 Sold
Premium
Sold
Nov 3, 2014 Listed by Assurance Realty of NWFL LLC $149,900
Listed by Assurance Realty of NWFL LLC
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • 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: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 266
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,700
  • Total Building Area: 1,552
  • Gross Building Area: 1,552
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,224
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAGNOLIA PARK
  • Land Acres: 0000000085
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: MAGNOLIA PARK PH I LOT 3 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023307

Geography

  • Assessors Map Reference: 47
  • Subdivision Phase Number: 1
  • Parcel: 00-2S-22-1548-000A-0030
  • Block: A
  • Lot: 3
  • Municipality: DESTIN
  • Latitude: 30.3951
  • Longitude: -86.4899

    Address

  • Full Address: 251 Bent Arrow Dr
  • Address - House Number: 251
  • Address - Street Name: Bent Arrow
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Destin
  • Carrier Code: C007
  • 4-Digit Zip Code: 2551
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 1,375
  • Tax Year: 2023
  • Tax Amount: $291,401
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 348,683
  • High Value: 410,837
  • Low Value: 286,530

    Market Valuation

  • Market Total Value: $243,927
  • Market Land Value: $80,811
  • Market Improvement Value: $163,116

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,927
  • Assessed Land Value: $80,811
  • Assessed Improvements Value: $163,116

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Sep 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3488266
  • Previous Sale Recording Date: Dec 01, 2014
  • Previous Sale Contract Date: Nov 24, 2014
  • Previous Sale Amount: $149,900
  • Previous Sale Document Type: 68
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 Downtown Destin

Stats & Trends

Median Asking:

$338,950

Sale Price/ft²

$264

Below Asking

0.03%

Average Days on Market

91

Average Home Size

1128 ft²

Average Home Age

35.3 years

Currently For Sale

42 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: Cosmo M Spellings, Assurance Realty of NWFL LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 717632
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 251 Bent Arrow Drive built and last sold?
The property at 251 Bent Arrow Drive was built in 1999 and last sold on Sep 10, 2021 for $329,900.
How much is this home worth?
The estimated value of the home located at 251 Bent Arrow Drive is $325,815.
What are some comparable homes to 251 Bent Arrow Drive?
There are currently no comparable homes to 251 Bent Arrow Drive.
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