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Midway 32563 Gulf Breeze
3503-3507 SOUTHWIND Drive
$83,000
● House - Off Market

3503-3507 SOUTHWIND Drive

Gulf Breeze, FL 32563
bedrooms
6 Beds
bathrooms
4 Baths
square feet
2,200 Ft²
$216,445
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

SHORT-SALE - Live in one and rent out the other. Sitting on a large lot each 1100 sq ft each unit has 3 bedrooms and 2 baths. You and/or your tenants will enjoy being centrally located to schools, shopping and bases. Needs work.
Unit Size
2,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$55
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1984

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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 #709951)

Price History

Date / Event Date Event Price
Nov 17, 2015 Sold
Premium
Sold
Jul 10, 2014 Listed by Coldwell Banker Realty $122,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 34
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,753
  • Total Building Area: 2,700
  • Gross Building Area: 2,700
  • Building Area: 2,236
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,236
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEABREEZE VILLAS
  • Land Acres: 0000000362
  • Standard Land Use Code: 1110
  • County Land Use Code: 000800
  • State Land Use Code: 008
  • Legal Description 1: SEABREEZE VILLAS LOT 9 BLK B AS DES IN OR 3943 PG 302

Neighborhood

  • School District Name: Santa Rosa County School District
  • Census Tract: 010814

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MAP 153 PG 123A
  • Parcel: 29-2S-28-4913-00B00-0090
  • Block: B
  • Lot: 9
  • Meridian: SEC 29 TWN 2S RNG 28W
  • Municipality: MIDWAY
  • Latitude: 30.389
  • Longitude: -87.0774

    Address

  • Full Address: 3503 Southwind Dr
  • Address - House Number: 3503
  • Address - Street Name: Southwind
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Gulf Breeze
  • Carrier Code: C015
  • 4-Digit Zip Code: 2853
  • Zip Code: 32563

Valuation

    Tax

  • Total Area: 2,323
  • Tax Year: 2023
  • Tax Amount: $287,577
  • Tax Rate Code Area: 0014

    Appraisal Valuation

  • Standard Deviation: 0.4672
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 6
  • Final Value: 310,730
  • High Value: 455,911
  • Low Value: 165,548

    Market Valuation

  • Market Total Value: $269,897
  • Market Land Value: $110,000
  • Market Improvement Value: $159,897

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,897
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $159,897

    Sales

  • Current Sale Contract Date: Nov 13, 2015
  • Current Sale Recording Date: Nov 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201543077
  • Previous Sale Recording Date: Jul 11, 2008
  • Previous Sale Contract Date: Jul 11, 2008
  • 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 Gulf Breeze

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$218

Below Asking

0.02%

Average Days on Market

86

Average Home Size

2437 ft²

Average Home Age

11.3 years

Currently For Sale

68 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

Click here to view more rentals in the neighborhood.
ECAR

Listed by: Bonnie S Hall, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 709951
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 3503 Southwind Drive built and last sold?
The property at 3503 Southwind Drive was built in 1984 and last sold on Nov 13, 2015 for $83,000.
How much is this home worth?
The estimated value of the home located at 3503 Southwind Drive is $0.
What are some comparable homes to 3503 Southwind Drive?
There are currently no comparable homes to 3503 Southwind Drive.
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