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Okaloosa 32539 Cherokee Bend
2839 Tamiami Trail
$269,900
● House - Off Market

2839 Tamiami Trail

Crestview, FL 32539
bedrooms
4 Beds
bathrooms
2 Baths
$297,350
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Investment Property! South of I10 with 3 bedrooms, 2 baths and 2547 square feet. The lot is level and completely fenced in. The living room has a brick fireplace  and vaulted ceiling. All the carpet has been removed from the home and a fresh paint may be needed. Needs a little TLC but is in great shape.
Unit Size
-
Days on Market
34 days
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
$107
HOA Dues
$120
Year Built
1997

Payment Calculator

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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: 9 months ago (ECAR #884678)

Price History

Date / Event Date Event Price
Dec 2, 2021 Sold
Premium
Sold
Oct 27, 2021 Listed by Briar Patch Realty LLC $269,900
Listed by Briar Patch Realty LLC

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • 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: 9
  • 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: 462
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,149
  • Total Building Area: 3,172
  • Gross Building Area: 3,172
  • Building Area: 2,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,536
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHEROKEE BEND S/D
  • Land Acres: 0000000279
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: CHEROKEE BEND S/D PH II LOT 3 BLK C

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020702

Geography

  • Assessors Map Reference: 15C
  • Subdivision Phase Number: 2
  • Parcel: 33-3N-23-2001-000C-0030
  • Block: C
  • Lot: 3
  • Meridian: SEC 33 TWN 03N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.7164
  • Longitude: -86.5554

    Address

  • Full Address: 2839 Tamiami Trl
  • Address - House Number: 2839
  • Address - Street Name: Tamiami
  • Address - Suffix Type: Trl
  • State: FL
  • City Name: Crestview
  • Carrier Code: R013
  • 4-Digit Zip Code: 5727
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 2,807
  • Tax Year: 2023
  • Tax Amount: $242,825
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 371,881
  • High Value: 450,256
  • Low Value: 293,506

    Market Valuation

  • Market Total Value: $293,593
  • Market Land Value: $38,000
  • Market Improvement Value: $255,593

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $276,688

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3509652
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 Cherokee Bend

Stats & Trends

Median Asking:

$335,000

Sale Price/ft²

$157

Below Asking

0.02%

Average Days on Market

95

Average Home Size

2263 ft²

Average Home Age

26 years

Currently For Sale

2 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: Amanda L Gaskin, Briar Patch Realty LLC
Last Updated: 9 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 884678
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 2839 Tamiami Trail built and last sold?
The property at 2839 Tamiami Trail was built in 1997 and last sold on Dec 1, 2021 for $269,900.
How much is this home worth?
The estimated value of the home located at 2839 Tamiami Trail is $0.
What are some comparable homes to 2839 Tamiami Trail?
There are currently no comparable homes to 2839 Tamiami Trail.
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