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Pensacola 32503 Mallory Heights
3375 BLUEWATER Drive
$170,000
● House - Off Market

3375 BLUEWATER Drive

Pensacola, FL 32503
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,104 Ft²
$276,001
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Freshly painted inside and out four bedroom home with updated kitchen with a gas range and granite! All two and half baths have been updated. Sun-room opens to a covered deck and fenced backyard. Mother-in-law suite on bottom floor with full bath with tiled walk-in shower, and extra bonus room. Upstairs has main living area, kitchen, master and two additional guest bedrooms. Close to shopping, minutes from airport, downtown and hospitals.
Unit Size
2,104 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$80
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963

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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 #763723)

Price History

Date / Event Date Event Price
Mar 24, 2017 Sold
Premium
Sold
Nov 3, 2016 Listed by KELLER WILLIAMS REALTY EMERALD COAST-NAVARRE $167,500
Listed by KELLER WILLIAMS REALTY EMERALD COAST-NAVARRE
Jun 15, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 16
  • Basement Type: 0
  • Basement Area: 725
  • Garage Type: 1
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,621
  • Total Building Area: 2,353
  • Gross Building Area: 2,353
  • Building Area: 2,053
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,053
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MALLORY HEIGHTS 1ST ADDN
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • State Land Use Code: 001
  • Legal Description 1: LT 2 BLK 6 1ST ADDN TO MALLORY HTS UNIT 2 PB 5 P 13 OR 7684 P 1379

Neighborhood

  • School District Name: Escambia County School District
  • Census Tract: 001001

Zoning

  • Zoning: R-1AAA

Geography

  • Assessors Map Reference: 01-2S-29
  • Account Number: 12961000
  • Parcel: 01-2S-29-1902-002-006
  • Block: 6
  • Lot: 2
  • Meridian: SEC 01 TWN 02S RNG 29W
  • Municipality: CITY OF PENSACOLA
  • Latitude: 30.4531
  • Longitude: -87.1744

    Address

  • Full Address: 3375 Bluewater Dr
  • Address - House Number: 3375
  • Address - Street Name: Bluewater
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Pensacola
  • Carrier Code: C028
  • 4-Digit Zip Code: 5101
  • Zip Code: 32503

Valuation

    Tax

  • Total Area: 2,053
  • Tax Year: 2022
  • Tax Amount: $172,849
  • Tax Rate Code Area: X

    Appraisal Valuation

  • Standard Deviation: 0.2243
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 323,053
  • High Value: 395,524
  • Low Value: 250,582

    Market Valuation

  • Market Total Value: $196,554
  • Market Land Value: $30,000
  • Market Improvement Value: $166,554

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $141,673

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 24, 2017
  • Current Sale Recording Date: Mar 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017021168
  • Previous Sale Recording Date: Jun 15, 2010
  • Previous Sale Contract Date: Jun 11, 2010
  • Previous Sale Amount: $136,500
  • 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 Southeast Pensacola

Stats & Trends

Median Asking:

$369,000

Sale Price/ft²

$232

Below Asking

0.05%

Average Days on Market

78

Average Home Size

1496 ft²

Average Home Age

75.3 years

Currently For Sale

11 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: Dawn Burt, KELLER WILLIAMS REALTY EMERALD COAST-NAVARRE
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 763723
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 3375 Bluewater Drive built and last sold?
The property at 3375 Bluewater Drive was built in 1963 and last sold on Feb 24, 2017 for $170,000.
How much is this home worth?
The estimated value of the home located at 3375 Bluewater Drive is $169,584.
What are some comparable homes to 3375 Bluewater Drive?
There are currently no comparable homes to 3375 Bluewater Drive.
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