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Destin 32541 Kell-Aire Gardens
324 CEDAR Street
$345,000
● House - Off Market

324 CEDAR Street

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,933 Ft²
$650,686
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

Completely remodeled home in Kell-aire gardens. Granite counters, stainless appliances, tiled shower & glass shower enclosure. This house is move in ready!
Unit Size
1,933 Ft²
Days on Market
-
Land Size
-
Price per sqft
$181
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988

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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 #720046)

Price History

Date / Event Date Event Price
Feb 2, 2015 Sold
Premium
Sold
Dec 30, 2014 Listed by Josephine Smoak Real Estate $349,000
Listed by Josephine Smoak Real Estate
Sep 10, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 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: 462
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,198
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,479
  • Gross Building Area: 2,479
  • Building Area: 1,933
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,933
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AIRE GARDENS
  • Land Acres: 0000000234
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: KELL-AIRE GARDENS LOT 21 BLK E

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023305

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-3090-000E-0210
  • Block: E
  • Lot: 21
  • Municipality: DESTIN
  • Latitude: 30.3998
  • Longitude: -86.4813

    Address

  • Full Address: 324 Cedar St
  • Address - House Number: 324
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: FL
  • City Name: Destin
  • Carrier Code: C010
  • 4-Digit Zip Code: 2625
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,212
  • Tax Year: 2023
  • Tax Amount: $272,581
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 616,449
  • High Value: 737,413
  • Low Value: 495,486

    Market Valuation

  • Market Total Value: $421,891
  • Market Land Value: $117,943
  • Market Improvement Value: $303,948

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,712

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 30, 2015
  • Current Sale Recording Date: Feb 02, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2975970
  • Previous Sale Recording Date: Sep 10, 2013
  • Previous Sale Contract Date: Sep 09, 2013
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 69
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 Kell-Aire Gardens

Stats & Trends

Median Asking:

$449,500

Sale Price/ft²

$280

Above Asking

0.00%

Average Days on Market

106

Average Home Size

1684 ft²

Average Home Age

38 years

Currently For Sale

1 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: Austin C Norwood, Josephine Smoak Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 720046
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 324 Cedar Street built and last sold?
The property at 324 Cedar Street was built in 1988 and last sold on Jan 30, 2015 for $345,000.
How much is this home worth?
The estimated value of the home located at 324 Cedar Street is $366,942.
What are some comparable homes to 324 Cedar Street?
There are currently no comparable homes to 324 Cedar Street.
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