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Walton 32413
334 Beach Bike Way
$615,000
● House - Off Market

334 Beach Bike Way

Inlet Beach, FL 32461
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,150 Ft²
$1,059,455
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

LOWEST PRICED 4 BEDROOM OVER 2000sf IN SEACREST!! One of the largest lots in Seacrest with approved room to add a pool and a garage if desired! Open plan, balconies & porches off every bedroom, an upstairs loft area, security system, surround sound speakers, stainless steel appliances, 2 master suites, one up & one down! Sold fully furnished and turn-key - Great for 2nd home or vacation rental property! Recent changes include fresh paint on the exterior and re-staining of the decks, 4 new flat screen tv's, New BBQ Grill and cover, 2 New Bikes, updated interior furnishings and decor, and more! Rental projections of $50k + per year!
Unit Size
2,150 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$286
Property Type
House
Property Taxes
$353
HOA Dues
$450
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 #731871)

Price History

Date / Event Date Event Price
Oct 18, 2021 Sold
Premium
Sold
Mar 15, 2021 Sold
Premium
Sold
Apr 25, 2016 Sold
Premium
Sold
Jun 12, 2015 Listed by Beachy Beach 30A Real Estate $615,000
Listed by Beachy Beach 30A Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,966
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,150
  • Gross Building Area: 2,150
  • Building Area: 2,150
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,150
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEACREST BEACH PH 3
  • Land Acres: 0000000114
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 2 BLK M SEACREST BEACH PH 3 S/D PB 13A-46 OR 2048-56 OR 2446A-527 OR 3008-1021 OR 3187-3219 OR 3187-3222 OR 3221-875

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950611

Geography

  • Assessors Map Reference: S3-26-18
  • Subdivision Phase Number: 3
  • Parcel: 26-3S-18-16020-00M-0020
  • Block: M
  • Lot: 2
  • Meridian: SEC 26 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.2851
  • Longitude: -86.0226

    Address

  • Full Address: 334 Beach Bike Way
  • Address - House Number: 334
  • Address - Street Name: Beach Bike
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R032
  • 4-Digit Zip Code: 6976
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 2,406
  • Tax Year: 2022
  • Tax Amount: $1,075,640
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2678
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 1,747,121
  • High Value: 2,215,143
  • Low Value: 1,279,100

    Market Valuation

  • Market Total Value: $1,160,672
  • Market Land Value: $445,110
  • Market Improvement Value: $715,562

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,160,672
  • Assessed Land Value: $445,110
  • Assessed Improvements Value: $715,562

    Sales

  • Current Sale Contract Date: Oct 14, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210051951
  • Previous Sale Recording Date: Mar 15, 2021
  • Previous Sale Contract Date: Mar 12, 2021
  • Previous Sale Amount: $1,075,000
  • 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 Walton

Stats & Trends

Median Asking:

$719,000

Sale Price/ft²

$421

Below Asking

0.03%

Average Days on Market

98

Average Home Size

2294 ft²

Average Home Age

16.9 years

Currently For Sale

2288 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: 30A Escapes Sales Team, Beachy Beach 30A Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 731871
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 334 Beach Bike Way built and last sold?
The property at 334 Beach Bike Way was built in 2002 and last sold on Oct 14, 2021 for $1,292,500.
How much is this home worth?
The estimated value of the home located at 334 Beach Bike Way is $645,290.
What are some comparable homes to 334 Beach Bike Way?
There are currently no comparable homes to 334 Beach Bike Way.
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