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Destin 32541 Kelly Homes
327 Main Street
$238,000
● House - Off Market

327 Main Street

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,631 Ft²
$459,503
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Conveniently located, Bank Owned home, on Main Street, Destin. Easy access to schools, shopping, restaurants and Destin Harbor. New paint, 2 car garage, fenced lot. As about possible Seller Financing. ***Buyer is responsible for personally verifying details about this property. Any information contained in this listing is believed to be accurate but is not guaranteed.***
Unit Size
1,631 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$159
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
2005

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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 #740081)

Price History

Date / Event Date Event Price
Jan 15, 2019 Sold
Premium
Sold
Dec 2, 2018 No longer available -
No longer available
Nov 27, 2018 Price Decreased $280,000
↓ $5K (1.9%)
Price Decreased
Nov 3, 2018 No longer available -
No longer available
Oct 6, 2018 Price Decreased $285,425
↓ $10K (3.3%)
Price Decreased
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • 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: 17
  • 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
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 483
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,999
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,290
  • Gross Building Area: 2,290
  • Building Area: 1,631
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,631
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KELLY HOMES
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: KELLY HOMES LOT 14 BLK 1A

Neighborhood

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

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-1350-001A-0120
  • Block: 1A
  • Lot: 14
  • Municipality: DESTIN
  • Latitude: 30.3989
  • Longitude: -86.4842

    Address

  • Full Address: 327 Main St
  • Address - House Number: 327
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: FL
  • City Name: Destin
  • Carrier Code: C010
  • 4-Digit Zip Code: 1916
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 1,927
  • Tax Year: 2023
  • Tax Amount: $144,074
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1957
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 478,128
  • High Value: 571,700
  • Low Value: 384,556

    Market Valuation

  • Market Total Value: $390,019
  • Market Land Value: $107,748
  • Market Improvement Value: $282,271

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $186,934

    Exemptions

  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 07, 2019
  • Current Sale Recording Date: Jan 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3253304
  • Previous Sale Recording Date: Nov 23, 2015
  • Previous Sale Contract Date: Nov 18, 2015
  • Previous Sale Amount: $238,000
  • 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 Kelly Homes

Stats & Trends

Median Asking:

$502,500

Sale Price/ft²

$300

Below Asking

0.05%

Average Days on Market

122

Average Home Size

1699 ft²

Average Home Age

53 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: Laurance B Davis, Davis Properties Of Nw Fl
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 740081
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 327 Main Street built and last sold?
The property at 327 Main Street was built in 2005 and last sold on Jan 7, 2019 for $280,000.
How much is this home worth?
The estimated value of the home located at 327 Main Street is $294,952.
What are some comparable homes to 327 Main Street?
There are currently no comparable homes to 327 Main Street.
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