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Fort Walton Beach 32547 Garniers Beach
267 Beachview Drive
$385,000
● House - Off Market

267 Beachview Drive

Fort Walton Beach, FL 32547
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,687 Ft²
$707,761
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

IT'S ALL ABOUT THE VIEW!! Panoramic views of Garnier's Bayou and Choctawhatchee Bay! Quaint four bedroom Florida cottage with lots of potential...Large beautiful lot with 85 feet of waterfront. Gorgeous huge Magnolia trees add Southern charm! Home is located in Flood Zone X. Flood insurance is currently $400 a year. The home also has a termite bond in place.
Unit Size
1,687 Ft²
Days on Market
-
Land Size
-
Price per sqft
$237
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
2017

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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 #728667)

Price History

Date / Event Date Event Price
Nov 2, 2015 Sold
Premium
Sold
Apr 28, 2015 Listed by RE/MAX Coastal Properties $399,000
Listed by RE/MAX Coastal Properties

Property Highlights

Air Conditioning
With View
Garage

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 962
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,821
  • Lot Size Frontage Feet: 850
  • Total Building Area: 4,252
  • Gross Building Area: 4,252
  • Building Area: 2,408
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,408
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GARNIER BEACH
  • Land Acres: 0000000386
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: GARNIER BEACH LOT 13 BLK 2

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 022300

Geography

  • Assessors Map Reference: 43
  • Parcel: 02-2S-24-1000-0002-0130
  • Block: 2
  • Lot: 13
  • Meridian: SEC 02 TWN 02S RNG 24W
  • Municipality: FORT WALTON BEACH
  • Latitude: 30.4313
  • Longitude: -86.6004

    Address

  • Full Address: 267 Beachview Dr Ne
  • Address - House Number: 267
  • Street Segment Direction: NE
  • Address - Street Name: Beachview
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C019
  • 4-Digit Zip Code: 2802
  • Zip Code: 32547

Valuation

    Tax

  • Total Area: 3,202
  • Tax Year: 2023
  • Tax Amount: $658,805
  • Tax Rate Code Area: 004

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 947,204
  • High Value: 1,116,045
  • Low Value: 778,362

    Market Valuation

  • Market Total Value: $1,013,645
  • Market Land Value: $475,223
  • Market Improvement Value: $538,422

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $512,685

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2015
  • Current Sale Recording Date: Nov 02, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3030989
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 Garniers Beach

Stats & Trends

Median Asking:

$345,000

Sale Price/ft²

$325

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1468 ft²

Average Home Age

76 years

Currently For Sale

1 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: Ed & Terri Smith, RE/MAX Coastal Properties
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 728667
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 267 Beachview Drive built and last sold?
The property at 267 Beachview Drive was built in 2017 and last sold on Oct 30, 2015 for $385,000.
How much is this home worth?
The estimated value of the home located at 267 Beachview Drive is $0.
What are some comparable homes to 267 Beachview Drive?
There are currently no comparable homes to 267 Beachview Drive.
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