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Okaloosa 32541 Emerald Lakes
290 Wimico Circle
$247,000
● House - Off Market

290 Wimico Circle

Destin, FL 32541
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,813 Ft²
$537,254
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

Priced 31K below recent appraisal. Upgrades galore!!! Survey and inspection done, ready to close. All repairs were made. Quick move in. Magnificent new hand scraped wood floors, new granite counters, new stainless steel appliances, New Beautiful travertine tile baths. All the extras. Gated community, coveted neighborhood with swimming, tennis, lakes, gorgeous!!!PLUS 4 BEDROOMS!! Beautifully decorated for your enjoyment. Master bath with separate tub and shower. Furnishings can be sold too! All new designer lighting, very private cul de sac, NO FLOOD INSURANCE REQUIRED! VERY SPACIOUS OPEN FLOOR PLAN!! Do not miss this one. Listing Broker/Salesperson has ownership interest in the property.
Unit Size
1,813 Ft²
Days on Market
-
Land Size
-
Price per sqft
$137
Property Type
House
Property Taxes
-
HOA Dues
$226
Year Built
2002

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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 #579509)

Price History

Date / Event Date Event Price
May 14, 2019 Sold
Premium
Sold
Dec 3, 2012 Sold
Premium
Sold
Jun 23, 2012 Listed by Silver Real Estate $248,800
Listed by Silver Real Estate

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • 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: 420
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,468
  • Total Building Area: 2,470
  • Gross Building Area: 2,470
  • Building Area: 1,795
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,795
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD LAKES
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: EMERALD LAKES PH III LOT 41 REPLAT OF LOTS 36-64

Neighborhood

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

Geography

  • Assessors Map Reference: 47
  • Subdivision Phase Number: 3
  • Parcel: 00-2S-22-0981-0000-0410
  • Lot: 36-64
  • Municipality: DESTIN FIRE DISTRICT
  • Latitude: 30.3981
  • Longitude: -86.4041

    Address

  • Full Address: 290 Wimico Cir
  • Address - House Number: 290
  • Address - Street Name: Wimico
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Destin
  • Carrier Code: C011
  • 4-Digit Zip Code: 0717
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,151
  • Tax Year: 2023
  • Tax Amount: $239,954
  • Tax Rate Code Area: 009

    Appraisal Valuation

  • Standard Deviation: 0.1957
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 590,028
  • High Value: 705,499
  • Low Value: 474,557

    Market Valuation

  • Market Total Value: $397,861
  • Market Land Value: $78,628
  • Market Improvement Value: $319,233

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $262,849

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 14, 2019
  • Current Sale Recording Date: May 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3277619
  • Previous Sale Recording Date: Dec 03, 2012
  • Previous Sale Contract Date: Nov 29, 2012
  • Previous Sale Amount: $247,000
  • 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 Emerald Lakes

Stats & Trends

Median Asking:

$709,218

Sale Price/ft²

$315

Below Asking

0.03%

Average Days on Market

67

Average Home Size

2382 ft²

Average Home Age

24 years

Currently For Sale

5 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: Ann Marie James, Silver Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 579509
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 290 Wimico Circle built and last sold?
The property at 290 Wimico Circle was built in 2002 and last sold on May 14, 2019 for $325,000.
How much is this home worth?
The estimated value of the home located at 290 Wimico Circle is $0.
What are some comparable homes to 290 Wimico Circle?
There are currently no comparable homes to 290 Wimico Circle.
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