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Okaloosa 32578 Rocky Bayou
350 Sharon Drive
$430,000
● House - Off Market

350 Sharon Drive

Niceville, FL 32578
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,172 Ft²
$2,419
Est. Monthly
5.46%
Cap Rate

About This Property

Lovely Golf Course Home with NO HOA FEES. You'll find Character and space in this enormous home that features a split floor plan, 4-bedrooms, 2 bathrooms, 2 living room areas, a separate dining room and a dine in kitchen.  Kitchen has a large pantry room that leads to your utility room. This ranch style home is located in the desirable Rocky Bayou Country Club Estates community! This home sits on an expansive .34-acre lot which offers room to roam through out the stunning garden areas and shade trees. This lovely floor plan is ideal for those who want space.  Don't miss this opportunity to own in Rocky Bayou Estates! Contact us today!
Unit Size
2,172 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$214
Property Type
House
Property Taxes
$135
HOA Dues
-
Year Built
1975

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #955101)

Price History

Date / Event Date Event Price
Dec 27, 2024 Sold
Premium
Sold
Nov 27, 2024 In contract -
In contract
Jul 19, 2024 Listed by Realty ONE Group Emerald Coast $465,000
Listed by Realty ONE Group Emerald Coast

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 575
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 58
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,639
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 2,802
  • Gross Building Area: 2,802
  • Building Area: 2,172
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,172
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROCKY BAYOU CC EST
  • Land Acres: 0000000382
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: ROCKY BAYOU CC EST #1 LOT 16 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020900

Geography

  • Assessors Map Reference: 24
  • Parcel: 03-1S-22-5000-000A-0160
  • Block: A
  • Lot: 16
  • Meridian: SEC 03 TWN 01S RNG 22W
  • Municipality: EAST NICEVILLE FIRE
  • Latitude: 30.5235
  • Longitude: -86.4434

    Address

  • Full Address: 350 Sharon Dr
  • Address - House Number: 350
  • Address - Street Name: Sharon
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Niceville
  • Carrier Code: R013
  • 4-Digit Zip Code: 1708
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,499
  • Tax Year: 2023
  • Tax Amount: $162,026
  • Tax Rate Code Area: 015

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 512,326
  • High Value: 603,649
  • Low Value: 421,002

    Market Valuation

  • Market Total Value: $352,850
  • Market Land Value: $141,773
  • Market Improvement Value: $211,077

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,839

    Exemptions

  • Homeowner Exemption: Yes
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 Rocky Bayou

Stats & Trends

Median Asking:

$679,900

Sale Price/ft²

$251

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2733 ft²

Average Home Age

37.6 years

Currently For Sale

12 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: Sonja Rankin, Realty ONE Group Emerald Coast
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 955101
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 350 Sharon Drive built and last sold?
The property at 350 Sharon Drive was built in 1975 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 350 Sharon Drive is $0.
What are some comparable homes to 350 Sharon Drive?
There are currently no comparable homes to 350 Sharon Drive.
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