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Destin 32541 Spring Lake
306 Seagull Lane
$230,000
● House - Off Market

306 Seagull Lane

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,496 Ft²
$416,889
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Right in the Heart of West Destin sits this all BRICK home on a 1/4 acre lot with a NEW ROOF (2014) & NEW HVAC system (2014), NEW WELL PUMP (2014) and the windows were replaced in 2001. Tile throughout, beautifully updated bathrooms, and an updated Kitchen with Granite Counter tops and Stainless Steel appliances make this home Move-in-Ready! Open Floor plan with a Florida Room, mature trees and plenty of parking. Only a short walk to Destin Elementary and the Duck Pond. GREAT LOCATION!!! Be sure to come see this gem! Home has some aluminum wiring with Alumicon couplings installed. Insurance runs $1800 a year.
Unit Size
1,496 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$157
Property Type
House
Property Taxes
$145
HOA Dues
-
Year Built
1974

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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 #733386)

Price History

Date / Event Date Event Price
Sep 15, 2015 Sold
Premium
Sold
Jun 30, 2015 Listed by The Lisa Snuggs Real Estate Group $234,900
Listed by The Lisa Snuggs Real Estate Group
Jun 24, 2014 Sold
Premium
Sold
Feb 12, 2014 Listed by The Lisa Snuggs Real Estate Group $184,500
Listed by The Lisa Snuggs Real Estate Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • 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: 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: 273
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,790
  • Lot Size Frontage Feet: 820
  • Total Building Area: 2,097
  • Gross Building Area: 2,097
  • Building Area: 1,496
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,496
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING LAKE 2ND ADD
  • Land Acres: 0000000248
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SPRING LAKE 2ND ADD LOT 1 BLK O

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023307

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-2371-000O-0010
  • Block: O
  • Lot: 1
  • Municipality: DESTIN
  • Latitude: 30.3978
  • Longitude: -86.4895

    Address

  • Full Address: 306 Seagull Ln
  • Address - House Number: 306
  • Address - Street Name: Seagull
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Destin
  • Carrier Code: C010
  • 4-Digit Zip Code: 1925
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 1,831
  • Tax Year: 2023
  • Tax Amount: $203,064
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 449,237
  • High Value: 537,058
  • Low Value: 361,417

    Market Valuation

  • Market Total Value: $323,785
  • Market Land Value: $117,943
  • Market Improvement Value: $205,842

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,520

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 14, 2015
  • Current Sale Recording Date: Sep 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3021703
  • Previous Sale Recording Date: Jun 24, 2014
  • Previous Sale Contract Date: Jun 13, 2014
  • Previous Sale Amount: $193,500
  • Previous Sale Document Type: 68
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 Spring Lake

Stats & Trends

Median Asking:

$440,000

Sale Price/ft²

$271

Below Asking

0.02%

Average Days on Market

95

Average Home Size

1984 ft²

Average Home Age

46.5 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: Lisa R Snuggs, The Lisa Snuggs Real Estate Group
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 733386
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 306 Seagull Lane built and last sold?
The property at 306 Seagull Lane was built in 1974 and last sold on Sep 14, 2015 for $230,000.
How much is this home worth?
The estimated value of the home located at 306 Seagull Lane is $0.
What are some comparable homes to 306 Seagull Lane?
There are currently no comparable homes to 306 Seagull Lane.
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