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Okaloosa 32579 Bayou Poquito
26 Poplar Avenue
$380,000
● House - Off Market

26 Poplar Avenue

Shalimar, FL 32579
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,910 Ft²
$2,324
Est. Monthly
5.82%
Cap Rate

About This Property

Welcome to your mid-century modern oasis nestled in the charming community of Poquito Bayou! Step inside to discover a freshly painted interior that exudes warmth and character. The home features a spacious living area, a cozy brick, wood-burning fireplace and a formal dining room. Venture outdoors to your own private retreat! The backyard boasts a fully fenced yard with a shed, providing ample space for outdoor activities and relaxation. Enjoy the tranquility of nature from the comfort of your large screened porch, a serene spot to unwind and soak in the surroundings. This home offers access to a nearby boat ramp and public park, promising endless opportunities for adventure and recreation. Just minutes to Eglin AFB and 20 minute drive to Hulrburt Field and Duke Field.
Unit Size
1,910 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$215
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1969

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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 #950791)

Price History

Date / Event Date Event Price
Nov 26, 2024 Sold
Premium
Sold
May 26, 2024 Listed by Everything Palms Partners Navarre $410,000
Listed by Everything Palms Partners Navarre
Mar 29, 2022 Sold
Premium
Sold
Feb 4, 2022 No longer available -
No longer available
Feb 2, 2022 Listed by Everything Palms Partners Navarre $385,000
Listed by Everything Palms Partners Navarre
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 500
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,997
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,994
  • Gross Building Area: 2,994
  • Building Area: 1,910
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,910
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAYOU POQUITO S/D
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: BAYOU POQUITO S/D LOT 2 BLK 6

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021600

Geography

  • Assessors Map Reference: 35
  • Parcel: 31-1S-23-0120-0006-0020
  • Block: 6
  • Lot: 2
  • Meridian: SEC 31 TWN 01S RNG 23W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4583
  • Longitude: -86.5831

    Address

  • Full Address: 26 Poplar Ave
  • Address - House Number: 26
  • Address - Street Name: Poplar
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Shalimar
  • Carrier Code: C001
  • 4-Digit Zip Code: 1114
  • Zip Code: 32579

Valuation

    Tax

  • Total Area: 2,335
  • Tax Year: 2023
  • Tax Amount: $387,959
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1979
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 420,870
  • High Value: 504,192
  • Low Value: 337,547

    Market Valuation

  • Market Total Value: $313,370
  • Market Land Value: $91,743
  • Market Improvement Value: $221,627

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,370
  • Assessed Land Value: $91,743
  • Assessed Improvements Value: $221,627

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Mar 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3538128
  • Previous Sale Recording Date: Dec 26, 2012
  • Previous Sale Contract Date: Dec 18, 2012
  • Previous Sale Amount: $194,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Bayou Poquito

Stats & Trends

Median Asking:

$469,900

Sale Price/ft²

$223

Below Asking

0.01%

Average Days on Market

64

Average Home Size

3082 ft²

Average Home Age

39 years

Currently For Sale

5 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: Lauren N Haggett, Everything Palms Partners Navarre
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 950791
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 26 Poplar Avenue built and last sold?
The property at 26 Poplar Avenue was built in 1969 and last sold on Mar 25, 2022 for $375,000.
How much is this home worth?
The estimated value of the home located at 26 Poplar Avenue is $418,380.
What are some comparable homes to 26 Poplar Avenue?
There are currently no comparable homes to 26 Poplar Avenue.
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