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Okaloosa 32541 Emerald Lakes
327 Wimico Circle
$449,000
● House - Off Market

327 Wimico Circle

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
$534,059
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

COME SEE THIS HOME TODAY! 327 Wimico Circle is located in the exclusive gated community of Emerald Lakes. This beautiful house has 3 bedrooms and a large living area with vaulted ceilings, upgraded kitchen and spacious florida room with open patio. The split floor plan offers the master suite separate from the other 2 bedrooms. Seller has made many upgrades to include new flooring, paint throughout, and much more....You'll appreciate the expansive backyard with mature oaks and privacy buffer at the rear of the home.  

Enjoy quick access to Schools, Destin Commons, multiple shops and restaurants, Choctawhatchee Bay and the spectacular beaches of Destin, FL!
Unit Size
-
Days on Market
63 days
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$144
HOA Dues
$275
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 #865689)

Price History

Date / Event Date Event Price
May 6, 2021 Sold
Premium
Sold
Mar 1, 2021 Listed by Newman Dailey Resort Properties $449,000
Listed by Newman Dailey Resort Properties
Jan 23, 2002 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • 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: 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: 59
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,766
  • Total Building Area: 2,727
  • Gross Building Area: 2,727
  • Building Area: 1,821
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,821
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD LAKES
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: EMERALD LAKES PH III REPLAT OF LOT 61

Neighborhood

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

Geography

  • Assessors Map Reference: 47
  • Subdivision Phase Number: 3
  • Parcel: 00-2S-22-0981-0000-0610
  • Lot: 61
  • Municipality: DESTIN FIRE DISTRICT
  • Latitude: 30.3981
  • Longitude: -86.4053

    Address

  • Full Address: 327 Wimico Cir
  • Address - House Number: 327
  • 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: 2,347
  • Tax Year: 2023
  • Tax Amount: $385,834
  • Tax Rate Code Area: 009

    Appraisal Valuation

  • Standard Deviation: 0.1938
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 630,507
  • High Value: 752,704
  • Low Value: 508,311

    Market Valuation

  • Market Total Value: $404,377
  • Market Land Value: $78,628
  • Market Improvement Value: $325,749

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,080

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: May 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3452912
  • Previous Sale Recording Date: Jan 23, 2002
  • Previous Sale Contract Date: Jan 18, 2002
  • Previous Sale Amount: $169,300
  • 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 Emerald Lakes

Stats & Trends

Median Asking:

$749,900

Sale Price/ft²

$319

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2321 ft²

Average Home Age

24.1 years

Currently For Sale

7 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

Rentals Near You

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ECAR

Listed by: Shannyn P Stevenson, Newman Dailey Resort Properties
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 865689
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 Wimico Circle built and last sold?
The property at 327 Wimico Circle was built in 2002 and last sold on Apr 30, 2021 for $449,000.
How much is this home worth?
The estimated value of the home located at 327 Wimico Circle is $460,747.
What are some comparable homes to 327 Wimico Circle?
There are currently no comparable homes to 327 Wimico Circle.
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