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Okaloosa 32569 Wynnehaven Beach Estates
321 Forrest Avenue
$130,000
● House - Off Market

321 Forrest Avenue

Mary Esther, FL 32569
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,368 Ft²
$240,086
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model

About This Property

Lovely brick 3/2 home on quiet street. Large corner lot and backyard--great for families. Covered porch, florida room and fully fenced backyard. Great for outdoor entertaining. Plenty of space for a pool and lots of room to park your toys--boats, RV's, trailers, extra vehicle, etc. The backyard is very private and adjacent to a nice green wooded area. A portion of the two car garage has been converted into heated and cooled living space with an indoor laundry room and office/den. The remaining garage is about the size of a 1 car garage. Nice open kitchen with breakfast bar and dining nook overlooking the living room with a large wood burning fireplace. New flooring throughout! Nice wood and tile floors! New paint throughout. Ready to move in!
Unit Size
1,368 Ft²
Days on Market
-
Land Size
-
Price per sqft
$95
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1984

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #715686)

Price History

Date / Event Date Event Price
Jun 9, 2022 Sold
Premium
Sold
May 17, 2022 No longer available -
No longer available
May 13, 2022 Price Decreased $299,000
↓ $16K (5.1%)
Price Decreased
May 3, 2022 Listed by Coldwell Banker Realty $315,000
Listed by Coldwell Banker Realty
Apr 17, 2018 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • 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: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 98
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,005
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,514
  • Gross Building Area: 2,514
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WYNNEHAVEN BCH EST
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: WYNNEHAVEN BCH EST LOT 12 BLK 2

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023100

Geography

  • Assessors Map Reference: 48
  • Parcel: 18-2S-25-272A-0002-0120
  • Block: 2
  • Lot: 12
  • Meridian: SEC 18 TWN 02S RNG 25W
  • Municipality: FLOROSA FIRE (SW)
  • Latitude: 30.415
  • Longitude: -86.7962

    Address

  • Full Address: 321 Forrest Ave
  • Address - House Number: 321
  • Address - Street Name: Forrest
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Mary Esther
  • Carrier Code: R004
  • 4-Digit Zip Code: 3316
  • Zip Code: 32569

Valuation

    Tax

  • Total Area: 1,906
  • Tax Year: 2023
  • Tax Amount: $273,344
  • Tax Rate Code Area: 021

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 311,934
  • High Value: 377,588
  • Low Value: 246,279

    Market Valuation

  • Market Total Value: $223,498
  • Market Land Value: $36,093
  • Market Improvement Value: $187,405

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,498
  • Assessed Land Value: $36,093
  • Assessed Improvements Value: $187,405

    Sales

  • Current Sale Contract Date: Jun 02, 2022
  • Current Sale Recording Date: Jun 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3556216
  • Previous Sale Recording Date: Apr 17, 2018
  • Previous Sale Contract Date: Apr 12, 2018
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Wynnehaven Beach Estates

Stats & Trends

Median Asking:

$336,900

Sale Price/ft²

$226

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1758 ft²

Average Home Age

23 years

Currently For Sale

4 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

Unit for rent at 2040 Falconhurst Place, Navarre, FL, 32566

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 990 ft²
2040 Falconhurst Place #2040, Navarre, FL, 32566 Listing by Maderline Martinez Dippe

Rentals Near You

Click here to view more rentals in the neighborhood.
ECAR

Listed by: Jennifer Purdy, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 715686
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 321 Forrest Avenue built and last sold?
The property at 321 Forrest Avenue was built in 1984 and last sold on Jun 2, 2022 for $305,000.
How much is this home worth?
The estimated value of the home located at 321 Forrest Avenue is $0.
What are some comparable homes to 321 Forrest Avenue?
There are currently no comparable homes to 321 Forrest Avenue.
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