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Okaloosa 32541 Emerald Lakes
269 Tequesta Drive
$343,500
● House - Off Market

269 Tequesta Drive

Destin, FL 32541
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,311 Ft²
$760,838
RealtyHop Estimate
114.02%
Since Feb 1, 2013
National-US
Primary Model

About This Property

SELLER SAYS BRING ME AN OFFER. Beautiful custom built home by a reputable builder in a gated community with 12 foot ceilings, crown molding, recess lighting, gas marble fireplace, tile floor, tile roof, hard surface counter tops, surround sound, security system, huge walk in closet in the master bedroom new central heating and A/C unit. views of the lake from the master bedroom and living room. Tennis courts and community pool roughly 30 yards from the front door. This house has a lot of class and is a must see with so much more to offer. Come see for yourself!!
Unit Size
2,311 Ft²
Days on Market
-
Land Size
-
Price per sqft
$154
Property Type
House
Property Taxes
-
HOA Dues
$226
Year Built
2000

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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 #578745)

Price History

Date / Event Date Event Price
Feb 9, 2015 Sold
Premium
Sold
Jan 16, 2013 Sold
Premium
Sold
Jun 7, 2012 Listed by Beachy Beach Real Estate $355,500
Listed by Beachy Beach Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 600
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,888
  • Total Building Area: 3,252
  • Gross Building Area: 3,252
  • Building Area: 2,311
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,311
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD LAKES
  • Land Acres: 0000000181
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: EMERALD LAKES PH II LOT 6 BLK C

Neighborhood

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

Geography

  • Assessors Map Reference: 47
  • Subdivision Phase Number: 2
  • Parcel: 00-2S-22-0980-000C-0060
  • Block: C
  • Lot: 6
  • Municipality: DESTIN FIRE DISTRICT
  • Latitude: 30.3922
  • Longitude: -86.4028

    Address

  • Full Address: 269 Tequesta Dr
  • Address - House Number: 269
  • Address - Street Name: Tequesta
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Destin
  • Carrier Code: C011
  • 4-Digit Zip Code: 4762
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,821
  • Tax Year: 2023
  • Tax Amount: $558,929
  • Tax Rate Code Area: 009

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 854,771
  • High Value: 1,022,500
  • Low Value: 687,042

    Market Valuation

  • Market Total Value: $605,214
  • Market Land Value: $94,118
  • Market Improvement Value: $511,096

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $605,214
  • Assessed Land Value: $94,118
  • Assessed Improvements Value: $511,096

    Sales

  • Current Sale Contract Date: Feb 06, 2015
  • Current Sale Recording Date: Feb 09, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2977564
  • Previous Sale Recording Date: Jan 16, 2013
  • Previous Sale Contract Date: Jan 14, 2013
  • Previous Sale Amount: $343,500
  • 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 Emerald Lakes

Stats & Trends

Median Asking:

$729,559

Sale Price/ft²

$315

Below Asking

0.01%

Average Days on Market

71

Average Home Size

2462 ft²

Average Home Age

25.2 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

Rentals Near You

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ECAR

Listed by: Sam Warren, Beachy Beach Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 578745
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 269 Tequesta Drive built and last sold?
The property at 269 Tequesta Drive was built in 2000 and last sold on Feb 6, 2015 for $420,400.
How much is this home worth?
The estimated value of the home located at 269 Tequesta Drive is $375,458.
What are some comparable homes to 269 Tequesta Drive?
There are currently no comparable homes to 269 Tequesta Drive.
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