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Lake Lorraine 32579 Shalimar Pointe
3 Pebble Beach Drive
$174,000
● House - Off Market

3 Pebble Beach Drive

Shalimar, FL 32579
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,476 Ft²
$376,524
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model

About This Property

This foreclosed property is in a popular established neighborhood. It is dated and does need a lot of work, but the location is great. Nice fireplace in family room, split bedrooms, eat-in kitchen. With some investment of time and money, this could be a very nice family home. The seller acquired the property through a foreclosure sale. Property is being sold in an ''as is'' condition. The seller does not make any representations or warranties as to it's condition.
Unit Size
2,476 Ft²
Days on Market
-
Land Size
-
Price per sqft
$71
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978

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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 #581604)

Price History

Date / Event Date Event Price
Dec 31, 2012 Sold
Premium
Sold
Aug 1, 2012 Listed by Coldwell Banker Realty $174,900
Listed by Coldwell Banker Realty
Jun 22, 2012 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • 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: 7
  • 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: 440
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,220
  • Lot Size Frontage Feet: 910
  • Total Building Area: 2,736
  • Gross Building Area: 2,736
  • Building Area: 2,272
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,272
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE LORRAINE EST
  • Land Acres: 0000000258
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: LAKE LORRAINE EST 3RD LOT 16 BLK 3

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021502

Geography

  • Assessors Map Reference: 19
  • Parcel: 04-2S-23-1435-0003-0160
  • Block: 3
  • Lot: 16
  • Meridian: SEC 04 TWN 02S RNG 23W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4434
  • Longitude: -86.554

    Address

  • Full Address: 3 Pebble Beach Dr
  • Address - House Number: 3
  • Address - Street Name: Pebble Beach
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Shalimar
  • Carrier Code: C002
  • 4-Digit Zip Code: 1623
  • Zip Code: 32579

Valuation

    Tax

  • Total Area: 2,521
  • Tax Year: 2023
  • Tax Amount: $230,178
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1941
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 446,023
  • High Value: 532,596
  • Low Value: 359,449

    Market Valuation

  • Market Total Value: $335,875
  • Market Land Value: $96,384
  • Market Improvement Value: $239,491

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,864

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 24, 2012
  • Current Sale Recording Date: Dec 31, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2824161
  • Previous Sale Recording Date: Jun 22, 2012
  • Previous Sale Contract Date: Jun 21, 2012
  • Previous Sale Amount: $124,100
  • Previous Sale Document Type: 69
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 Shalimar Pointe

Stats & Trends

Median Asking:

$527,450

Sale Price/ft²

$227

Below Asking

0.02%

Average Days on Market

67

Average Home Size

3051 ft²

Average Home Age

34.2 years

Currently For Sale

22 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: Barbara J Thaler, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 581604
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 3 Pebble Beach Drive built and last sold?
The property at 3 Pebble Beach Drive was built in 1978 and last sold on Dec 24, 2012 for $174,000.
How much is this home worth?
The estimated value of the home located at 3 Pebble Beach Drive is $0.
What are some comparable homes to 3 Pebble Beach Drive?
There are currently no comparable homes to 3 Pebble Beach Drive.
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