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Walton 32439
282 Bayshore Drive
$285,000
● Land - Off Market

282 Bayshore Drive

Freeport, FL 32439
bedrooms
Studio
bathrooms
0 Bath
$420,480
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Beautiful waterfront lot with a party dock already in place. Enjoy the sunrise to the east and sunset to the west. There is a gazebo on the property that is ready to enjoy. With 2 private wells, city water, septic system in place, and electric on site, it is ready for you to build your dream home. Close to Niceville and an easy commute to Eglin, Duke Field and Destin.
Unit Size
-
Days on Market
-
Land Size
0.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
$85
HOA Dues
-
Year Built
1992

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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 #845911)

Price History

Date / Event Date Event Price
Aug 4, 2022 Sold
Premium
Sold
Jun 19, 2020 Sold
Premium
Sold
May 6, 2020 Listed by Coldwell Banker Realty $299,900
Listed by Coldwell Banker Realty
Jul 20, 2018 Sold
Premium
Sold

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 45
  • Exterior Walls Type: 10
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 34
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,985
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 920
  • Gross Building Area: 920
  • Building Area: 920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 920
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000344
  • Standard Land Use Code: 0010
  • County Land Use Code: 0090
  • Mobile Home Indicator: T
  • Legal Description 1: COM AT SW/C OF NE1/4 OF SW1/4 FRACTIONAL SEC 19-1S-20W, S 00 DEG 07E 258FT, N 62 DEG 53E 145FT, N 10FT TO POB, N 62 DEG 53E 75FT, N 16 DEG 23W 200FT S 62 DEG 53W 75FT, S 16 DEG 23E 200FT TO POB. *DESIGNATED AS LOT 3* ALSO TO INCLUDE: COM NW/C OF SW4

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950502

Zoning

  • Zoning: BAYN

Geography

  • Assessors Map Reference: S1-19-20
  • Section: 19
  • Parcel: 19-1S-20-32000-037-0000
  • Block: 3700
  • Lot: 3
  • Meridian: SEC 19 TWN 01S RNG 020
  • Municipality: TRI VILLAGE
  • Latitude: 30.4775
  • Longitude: -86.2882

    Address

  • Full Address: 282 Bayshore Dr
  • Address - House Number: 282
  • Address - Street Name: Bayshore
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Freeport
  • Carrier Code: R001
  • 4-Digit Zip Code: 2105
  • Zip Code: 32439

Valuation

    Tax

  • Total Area: 958
  • Tax Year: 2022
  • Tax Amount: $116,154
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 008

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 590,601
  • High Value: 721,639
  • Low Value: 459,563

    Market Valuation

  • Market Total Value: $136,026
  • Market Land Value: $130,126
  • Market Improvement Value: $5,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $136,026
  • Assessed Land Value: $130,126
  • Assessed Improvements Value: $5,900

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Aug 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 35812
  • Previous Sale Recording Date: Jun 19, 2020
  • Previous Sale Contract Date: Jun 17, 2020
  • Previous Sale Amount: $285,000
  • 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 Walton

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$424

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2279 ft²

Average Home Age

17.4 years

Currently For Sale

2343 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: Paige A Brown, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 845911
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 282 Bayshore Drive built and last sold?
The property at 282 Bayshore Drive was built in 1992 and last sold on Jul 29, 2022 for $630,000.
How much is this home worth?
The estimated value of the home located at 282 Bayshore Drive is $0.
What are some comparable homes to 282 Bayshore Drive?
There are currently no comparable homes to 282 Bayshore Drive.
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