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Destin 32541 Villages of Crystal Beach
251 Kono Way
$302,000
● House - Off Market

251 Kono Way

Destin, FL 32541
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,114 Ft²
$671,440
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

Mediterranean style home in well sought out gated community of Villages of Crystal Beach. Home features crown molding, tile in living areas, concrete roof tiles covered porches and more. The community features a world class resort style spa and pool area, shuttle service in the summer to the beach, walk to the shopping centers and restaurants. More information and photos can be seen on VRBO #317124. Furnishings negotiable.
Unit Size
2,114 Ft²
Days on Market
-
Land Size
-
Price per sqft
$148
Property Type
House
Property Taxes
-
HOA Dues
$1,059
Year Built
2006

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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 #573225)

Price History

Date / Event Date Event Price
Nov 10, 2021 Sold
Premium
Sold
Sep 10, 2019 Sold
Premium
Sold
Jul 29, 2019 No longer available -
No longer available
May 31, 2019 Listed by Keller Williams Realty Destin $449,899
Listed by Keller Williams Realty Destin
Aug 22, 2012 Sold
Premium
Sold
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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 104

Neighborhood

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

Geography

  • Parcel: 00-2S-22-1125-0000-1040
  • Lot: 104
  • Municipality: DESTIN
  • Latitude: 30.3883
  • Longitude: -86.4193

    Address

  • Full Address: 251 Kono Way
  • Address - House Number: 251
  • 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: $870,576
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 952,733
  • High Value: 1,139,685
  • Low Value: 765,782

    Market Valuation

  • Market Total Value: $764,903
  • Market Land Value: $280,000
  • Market Improvement Value: $484,903

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $764,903
  • Assessed Land Value: $280,000
  • Assessed Improvements Value: $484,903

    Sales

  • Current Sale Contract Date: Nov 09, 2021
  • Current Sale Recording Date: Nov 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3504429
  • Previous Sale Recording Date: Sep 10, 2019
  • Previous Sale Contract Date: Sep 09, 2019
  • Previous Sale Amount: $443,000
  • 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 Villages of Crystal Beach

Stats & Trends

Median Asking:

$859,000

Sale Price/ft²

$413

Below Asking

0.05%

Average Days on Market

161

Average Home Size

2572 ft²

Average Home Age

19.3 years

Currently For Sale

8 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

Rentals Near You

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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# 573225
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 Kono Way built and last sold?
The property at 251 Kono Way was built in 2006 and last sold on Nov 9, 2021 for $860,000.
How much is this home worth?
The estimated value of the home located at 251 Kono Way is $0.
What are some comparable homes to 251 Kono Way?
There are currently no comparable homes to 251 Kono Way.
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