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Lake Lorraine 32579 Port Dixie
31 7th Avenue
$209,900
● House - Off Market

31 7th Avenue

Shalimar, FL 32579
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,168 Ft²
$280,677
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Updated and move-in ready!! This 3 BR 2 BA home near downtown Shalimar is a perfect family home or investment property. Features include a one car garage + storage, split floor plan, and spacious backyard w/ patio and mature trees that provide shade for relaxing. Inside, you'll find a galley kitchen and large common dining/living area with backyard access. Master bedroom has a walk-in closet and private bathroom with updated fixtures and finishes. Two bedrooms across the house share a guest bathroom.
Unit Size
1,168 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$180
Property Type
House
Property Taxes
$70
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 #850187)

Price History

Date / Event Date Event Price
Oct 8, 2020 Sold
Premium
Sold
Jul 7, 2020 Listed by RE/MAX Gulf Coast Realty $209,900
Listed by RE/MAX Gulf Coast Realty
Apr 20, 2006 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • 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: 0
  • 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: 312
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,383
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,540
  • Gross Building Area: 1,540
  • Building Area: 1,168
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,168
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PORT DIXIE
  • Land Acres: 0000000238
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: PORT DIXIE E20 FT OF LOT 3 & ALL OF LOT 4 & W20 FT OF LOT 5 BLK 69 AND

Neighborhood

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

Geography

  • Assessors Map Reference: 44
  • Parcel: 05-2S-23-2080-0069-003A
  • Block: 69
  • Lot: 3,4,5
  • Meridian: SEC 05 TWN 02S RNG 23W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4428
  • Longitude: -86.5759

    Address

  • Full Address: 31 7th Ave
  • Address - House Number: 31
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Shalimar
  • Carrier Code: C003
  • 4-Digit Zip Code: 1707
  • Zip Code: 32579

Valuation

    Tax

  • Total Area: 1,358
  • Tax Year: 2023
  • Tax Amount: $138,914
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 275,757
  • High Value: 333,648
  • Low Value: 217,865

    Market Valuation

  • Market Total Value: $187,423
  • Market Land Value: $71,376
  • Market Improvement Value: $116,047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,147

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 05, 2020
  • Current Sale Recording Date: Oct 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3397066
  • Previous Sale Recording Date: Apr 20, 2006
  • Previous Sale Contract Date: Apr 11, 2006
  • Previous Sale Amount: $165,000
  • 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 Port Dixie

Stats & Trends

Median Asking:

$327,000

Sale Price/ft²

$217

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1740 ft²

Average Home Age

37.4 years

Currently For Sale

37 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: James Gilliland, RE/MAX Gulf Coast Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 850187
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 31 7th Avenue built and last sold?
The property at 31 7th Avenue was built in 1978 and last sold on Oct 5, 2020 for $209,900.
How much is this home worth?
The estimated value of the home located at 31 7th Avenue is $0.
What are some comparable homes to 31 7th Avenue?
There are currently no comparable homes to 31 7th Avenue.
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