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Pace 32571 Pace
3533 Victory Drive
$346,000
● House - Off Market

3533 Victory Drive

Pace, FL 32571
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,697 Ft²
$1,841
Est. Monthly
6.09%
Cap Rate

About This Property

**MOTIVATED SELLER**  This Home is on almost Half an Acre with INGROUND POOL and BACKYARD OASIS. Seller will provide 1 year home warranty. Five Points area Pace Home in desirable Cross Roads neighborhood. Home has a  Sunroom and Workshop (with power)---Things you will want to know...2021 Roof_2022 Gas Water Heater_Pool Liner 2-3 years old_Pool Pump 2-3 years_Transferable Termite Bond transferable _Wired for whole home generator and generator is included _ Handicap Accessible door ways and bathroom bars_Gas Fireplace _Sprinkler system_Water Softener System
Unit Size
1,697 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$210
Property Type
House
Property Taxes
$92
HOA Dues
-
Year Built
1989

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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 #938460)

Price History

Date / Event Date Event Price
Mar 22, 2024 Sold
Premium
Sold
Dec 16, 2023 Listed by Great Southern Real Estate LLC $356,000
Listed by Great Southern Real Estate LLC
Oct 15, 2003 Sold
Premium
Sold
Oct 17, 2002 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 19,254
  • Lot Size Depth Feet: 2,050
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 3,305
  • Gross Building Area: 3,305
  • Building Area: 1,697
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,697
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CROSS ROADS
  • Land Acres: 0000000442
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: CROSS ROADS LOT 7 BLK B AS DES IN OR 2243 PG 504

Neighborhood

  • School District Name: Santa Rosa County School District
  • Census Tract: 010301

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 57 PG 59
  • Parcel: 32-2N-29-0790-00B00-0070
  • Block: B
  • Lot: 7
  • Meridian: SEC 32 TWN 2N RNG 29W
  • Municipality: PACE
  • Latitude: 30.6425
  • Longitude: -87.1771

    Address

  • Full Address: 3533 Victory Dr
  • Address - House Number: 3533
  • Address - Street Name: Victory
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Milton
  • Carrier Code: R011
  • 4-Digit Zip Code: 8302
  • Zip Code: 32571

Valuation

    Tax

  • Total Area: 2,378
  • Tax Year: 2023
  • Tax Amount: $109,262
  • Tax Rate Code Area: 0022

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 77
  • Final Value: 353,341
  • High Value: 414,864
  • Low Value: 291,817

    Market Valuation

  • Market Total Value: $229,403
  • Market Land Value: $37,000
  • Market Improvement Value: $192,403

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,433

    Exemptions

  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 19, 2003
  • Current Sale Recording Date: Oct 15, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 17, 2002
  • Previous Sale Contract Date: Oct 14, 2002
  • Previous Sale Amount: $149,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
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 Pace

Stats & Trends

Median Asking:

$319,950

Sale Price/ft²

$171

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2090 ft²

Average Home Age

18.8 years

Currently For Sale

24 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: Virginia C Dougherty, Great Southern Real Estate LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 938460
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 3533 Victory Drive built and last sold?
The property at 3533 Victory Drive was built in 1989 and last sold on Sep 19, 2003 for $151,000.
How much is this home worth?
The estimated value of the home located at 3533 Victory Drive is $0.
What are some comparable homes to 3533 Victory Drive?
There are currently no comparable homes to 3533 Victory Drive.
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