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Destin 32541 Gulf Manor
303 Primrose Circle
$377,000
● House - Off Market

303 Primrose Circle

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
$427,066
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

West Destin beauty!! You will love watching the fireworks from your large backyard during the Summer! This 3 bedroom, 2 bath home has had many updates including a roof and new exterior Hardiboard siding in 2019!  Solar panels will keep your electric bills around $30 per month! Enjoy the bright colors and open living, making for the perfect beach home feel. Privately located, in the heart of Destin, you'll be able to get where you need to go in a few short minutes but have your own oasis to come home to. Impeccably kept and nicely updated, the only thing left to do is move in!
Unit Size
-
Days on Market
46 days
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$130
HOA Dues
-
Year Built
1983

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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 #871282)

Price History

Date / Event Date Event Price
Jun 28, 2021 Sold
Premium
Sold
May 9, 2021 Listed by Realty ONE Group Emerald Coast $365,000
Listed by Realty ONE Group Emerald Coast
Feb 24, 2015 Sold
Premium
Sold
Oct 16, 2014 Listed by Realty ONE Group Emerald Coast $219,900
Listed by Realty ONE Group Emerald Coast

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 500
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,499
  • Total Building Area: 1,921
  • Gross Building Area: 1,921
  • Building Area: 1,413
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,413
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGEWOOD TO DESTIN
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: EDGEWOOD TO DESTIN LOT 2 BLK D

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023306

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-0692-000D-0020
  • Block: D
  • Lot: 2
  • Municipality: DESTIN
  • Latitude: 30.3998
  • Longitude: -86.5022

    Address

  • Full Address: 303 Primrose Cir
  • Address - House Number: 303
  • Address - Street Name: Primrose
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Destin
  • Carrier Code: C001
  • 4-Digit Zip Code: 2225
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 1,690
  • Tax Year: 2023
  • Tax Amount: $363,595
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1957
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 445,863
  • High Value: 533,120
  • Low Value: 358,605

    Market Valuation

  • Market Total Value: $304,361
  • Market Land Value: $107,749
  • Market Improvement Value: $196,612

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $304,361
  • Assessed Land Value: $107,749
  • Assessed Improvements Value: $196,612

    Sales

  • Current Sale Contract Date: Jun 24, 2021
  • Current Sale Recording Date: Jun 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3467119
  • Previous Sale Recording Date: Feb 24, 2015
  • Previous Sale Contract Date: Feb 20, 2015
  • Previous Sale Amount: $215,000
  • 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 Gulf Manor

Stats & Trends

Median Asking:

$442,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

82

Average Home Size

1447 ft²

Average Home Age

40.7 years

Currently For Sale

0 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: Jacqueline Luberto, Realty ONE Group Emerald Coast
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 871282
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 303 Primrose Circle built and last sold?
The property at 303 Primrose Circle was built in 1983 and last sold on Jun 24, 2021 for $377,000.
How much is this home worth?
The estimated value of the home located at 303 Primrose Circle is $0.
What are some comparable homes to 303 Primrose Circle?
There are currently no comparable homes to 303 Primrose Circle.
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