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Florala 36442
26414 Fifth Ave Avenue
$45,000
● House - Off Market

26414 Fifth Ave Avenue

Florala, AL 36442
bedrooms
3 Beds
bathrooms
1 Bath
$246
Est. Monthly

About This Property

APPOINTMENT ONLY -Property has potential to be a great homesite but will need extensive work. New HVAC and updated electrical but home has known presence of Lead Base Paint on outside and inside of the home. Renovation started but never completed. Location is just inside Florala City Limits with paved road access. Buyers to perform all matters of due diligence in regards to presence of lead base paint. Cash Only.
Unit Size
-
Days on Market
28 days
Land Size
1.14 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1945

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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 #983989)

Price History

Date / Event Date Event Price
Sep 23, 2025 Sold
Premium
Sold
Sep 9, 2025 In contract -
In contract
Aug 26, 2025 Listed by Merrifield & Pilcher Realty $49,900
Listed by Merrifield & Pilcher Realty
Aug 21, 2023 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 11
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 10
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 23
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,658
  • Total Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0001
  • Legal Description 1: DB/PG 883/200 8-11-94 COM INT W LN E2 S30 T6N R20W & S R/W HWY 5 4 TH SELY 546.2 SELY 263.2' SWLY 215' NWLY203.8' N 220' TO POB

Neighborhood

  • School District Name: Covington County School District
  • School Tax School District: FLORALA
  • Census Tract: 963000

Geography

  • Account Number: 22983700
  • Section: 30
  • Parcel: 23-31-09-30-0-000-012.001
  • Meridian: SEC 30 TWN 06N RNG 20W
  • Municipality: 6N
  • Latitude: 30.9964
  • Longitude: -86.2785

    Address

  • Full Address: 26414 5th Ave
  • Address - House Number: 26414
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: AL
  • City Name: Florala
  • Carrier Code: R002
  • 4-Digit Zip Code: 8318
  • Zip Code: 36442

Valuation

    Tax

  • Total Area: 1,421
  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 77

    Appraisal Valuation

  • Standard Deviation: 0.4237
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 15
  • Final Value: 64,721
  • High Value: 92,148
  • Low Value: 37,293

    Market Valuation

  • Market Total Value: $70,960
  • Market Land Value: $11,600
  • Market Improvement Value: $59,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,096
  • Assessed Land Value: $1,160
  • Assessed Improvements Value: $5,936

    Exemptions

  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 15, 2023
  • Current Sale Recording Date: Aug 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 Florala

Stats & Trends

Median Asking:

$209,900

Sale Price/ft²

$156

Below Asking

0.04%

Average Days on Market

116

Average Home Size

1842 ft²

Average Home Age

30.8 years

Currently For Sale

6 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: Johnnie Kay Ealum, Merrifield & Pilcher Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 983989
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 26414 5th Avenue built and last sold?
The property at 26414 5th Avenue was built in 1945 and last sold on Aug 15, 2023 for $170,000.
How much is this home worth?
The estimated value of the home located at 26414 5th Avenue is $0.
What are some comparable homes to 26414 5th Avenue?
There are currently no comparable homes to 26414 5th Avenue.
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