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Midway 32563 Gulf Breeze
2867 Bay Heather Circle
$227,000
● House - Off Market

2867 Bay Heather Circle

Gulf Breeze, FL 32563
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,051 Ft²
$452,633
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model

About This Property

MOTIVATED SELLER! AWESOME LIKE NEW HOME WITH OVER 2000 SQFT IN ESTABLISHED NEIGHBORHOOD**CORNER LOT/CULDESAC**DOUBLE OVEN WALL UNIT**GRANITE COUNTER TOPS**NEW STAINLESS STEEL APPLIANCES**BREAKFAST BAR**FORMAL DINING ROOM**LARGE FAMILY ROOM**WOOD BURNING FIREPLACE**VAULTED CEILINGS**CROWN MOLDING & 5 INCH BASE BOARDS**HOME WARRANTY**PRICED TO SELL WILL NOT LAST LONG!!
Unit Size
2,051 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$119
Property Type
House
Property Taxes
$109
HOA Dues
$55
Year Built
1984

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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 #719921)

Price History

Date / Event Date Event Price
Jun 1, 2021 Sold
Premium
Sold
Jul 1, 2016 Sold
Premium
Sold
Mar 6, 2015 Sold
Premium
Sold
Dec 19, 2014 Listed by World Impact Real Estate $244,900
Listed by World Impact Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 473
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 98
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,460
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 2,964
  • Gross Building Area: 2,964
  • Building Area: 2,051
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,051
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHISPER BAY 5TH ADD
  • Land Acres: 0000000309
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: WHISPER BAY 5TH ADD LOT 16 BLK B AS DES IN OR 4126 PG 578 LESS 1/2 MINERAL RTS

Neighborhood

  • School District Name: Santa Rosa County School District
  • Census Tract: 010812

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 24A PG 101A
  • Parcel: 25-2S-29-5686-00B00-0160
  • Block: B
  • Lot: 16
  • Meridian: SEC 25 TWN 2S RNG 29W
  • Municipality: MIDWAY
  • Latitude: 30.3905
  • Longitude: -87.105

    Address

  • Full Address: 2867 Bay Heather Cir
  • Address - House Number: 2867
  • Address - Street Name: Bay Heather
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Gulf Breeze
  • Carrier Code: C009
  • 4-Digit Zip Code: 2623
  • Zip Code: 32563

Valuation

    Tax

  • Total Area: 2,534
  • Tax Year: 2023
  • Tax Amount: $339,070
  • Tax Rate Code Area: 0014

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 77
  • Final Value: 475,874
  • High Value: 559,904
  • Low Value: 391,843

    Market Valuation

  • Market Total Value: $321,203
  • Market Land Value: $80,000
  • Market Improvement Value: $241,203

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $281,699

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Jun 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202136414
  • Previous Sale Recording Date: Jul 01, 2016
  • Previous Sale Contract Date: Jun 23, 2016
  • Previous Sale Amount: $249,900
  • 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 Gulf Breeze

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$218

Below Asking

0.03%

Average Days on Market

86

Average Home Size

2380 ft²

Average Home Age

13.6 years

Currently For Sale

71 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: Scott Dauphin, World Impact Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 719921
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 2867 Bay Heather Circle built and last sold?
The property at 2867 Bay Heather Circle was built in 1984 and last sold on May 28, 2021 for $375,000.
How much is this home worth?
The estimated value of the home located at 2867 Bay Heather Circle is $0.
What are some comparable homes to 2867 Bay Heather Circle?
There are currently no comparable homes to 2867 Bay Heather Circle.
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