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Okaloosa 32541 Emerald Lakes
319 Wimico Circle
$221,000
● House - Off Market

319 Wimico Circle

Destin, FL 32541
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,959 Ft²
$437,772
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

Short sale. Ample living areas in this Emerald Lakes Destin Florida home. Four bedrooms, with one perfect as an office with tiled floors. The living room is quite large with a cathedral ceiling. There is a foyer for a bit of formality upon entry. The kitchen has a breakfast bar and eat-in area. Emerald Lakes is a wonderful gated subdivision with lakes, tennis, pool, walking trails and great location. It is centrally located. Short drive to the beach, Destin Commons or Grand Boulevard and Sandestin's Baytown Wharf. Buyer to verify all data. Square footage source: Okaloosa County property appraiser website. Buyer to rely solely on own appraisal for square footage and own survey for lot size.
Unit Size
1,959 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$115
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 #591580)

Price History

Date / Event Date Event Price
Jul 22, 2013 Sold
Premium
Sold
Feb 21, 2013 Listed by Rulnick Realty Inc $224,600
Listed by Rulnick Realty Inc
Jun 9, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
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: 5
  • Porch Type: 58
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,142
  • Total Building Area: 2,613
  • Gross Building Area: 2,613
  • Building Area: 1,959
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 19
  • Heated Square Feet: 1,959
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD LAKES
  • Land Acres: 0000000141
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: EMERALD LAKES PH III LOT 65

Neighborhood

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

Geography

  • Assessors Map Reference: 47
  • Subdivision Phase Number: 3
  • Parcel: 00-2S-22-0981-0000-0650
  • Lot: 65
  • Municipality: DESTIN FIRE DISTRICT
  • Latitude: 30.3975
  • Longitude: -86.4054

    Address

  • Full Address: 319 Wimico Cir
  • Address - House Number: 319
  • Address - Street Name: Wimico
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Destin
  • Carrier Code: C011
  • 4-Digit Zip Code: 0716
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,239
  • Tax Year: 2023
  • Tax Amount: $186,806
  • Tax Rate Code Area: 009

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 611,667
  • High Value: 731,241
  • Low Value: 492,094

    Market Valuation

  • Market Total Value: $421,831
  • Market Land Value: $78,628
  • Market Improvement Value: $343,203

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,850

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 15, 2013
  • Current Sale Recording Date: Jul 22, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2869953
  • Previous Sale Recording Date: Jun 09, 2005
  • Previous Sale Contract Date: Jun 03, 2005
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: 54
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:

$749,900

Sale Price/ft²

$319

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2336 ft²

Average Home Age

24.4 years

Currently For Sale

8 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: Wendy Rulnick Hinzman, Rulnick Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 591580
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 319 Wimico Circle built and last sold?
The property at 319 Wimico Circle was built in 2002 and last sold on Jul 15, 2013 for $221,000.
How much is this home worth?
The estimated value of the home located at 319 Wimico Circle is $0.
What are some comparable homes to 319 Wimico Circle?
There are currently no comparable homes to 319 Wimico Circle.
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