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Destin 32541 Destin Pointe
3588 WAVERLY Circle
$425,000
● House - Off Market

3588 WAVERLY Circle

Destin, FL 32541
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,000 Ft²
$722,451
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

DON'T MISS THIS OPPORTUNITY TO OWN YOUR FULLY FURNISHED AND APPOINTED TWO BEDROOM, TWO BATH BEACH COTTAGE DIRECTLY OVERLOOKING LAKE CAROLINE. A ROOMY COVERED FRONT PORCH, HARDWOOD FLOORS THROUGHOUT, TILED BATHS AND HIGH CEILINGS CREATE BOTH INTIMACY AND CHARM IN THIS IMMACULATE SUN FILLED COASTAL COTTAGE. SPEND THE MORNING, DRINKING COFFEE, OBSERVING THE LAKE FROM YOUR OWN SUNDECK OFF THE MASTER BEDROOM OR BIKE RIDE ON THE QUIET PRIVATE STREETS THROUGHOUT THIS TROPICAL PARADISE. WITH JUST STEPS TO THE BEACH, YOU CAN SPEND THE DAY BASKING IN THE SUN ON OVER 3,000 FEET OF BEACH OR STAY INTO THE EVENING AND BE PREPARED TO EXPERIENCE THE MOST BEAUTIFUL SUNSETS IN DESTIN. THIS COZY COTTAGE IS LOCATED IN DESTIN POINTE, A GATED COMMUNITY, LOCATED DIRECTLY ON THE GULF OF MEXICO AND THE EAST PASS.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$450
Property Type
House
Property Taxes
-
HOA Dues
$1,360
Year Built
1997

Payment Calculator

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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 #760327)

Price History

Date / Event Date Event Price
Jun 19, 2017 Sold
Premium
Sold
Sep 4, 2016 Listed by La Florida Coastal Properties $450,000
Listed by La Florida Coastal Properties

Property Highlights

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,175
  • Total Building Area: 1,370
  • Gross Building Area: 1,370
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DESTIN POINT
  • Land Acres: 0000000142
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: DESTIN POINTE LOT 29

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023303

Geography

  • Assessors Map Reference: 18
  • Parcel: 00-2S-24-0110-0000-0290
  • Lot: 29
  • Municipality: DESTIN
  • Latitude: 30.3868
  • Longitude: -86.5021

    Address

  • Full Address: 3588 Waverly Cir
  • Address - House Number: 3588
  • Address - Street Name: Waverly
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Destin
  • Carrier Code: C004
  • 4-Digit Zip Code: 5015
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 1,081
  • Tax Year: 2023
  • Tax Amount: $615,494
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1946
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 635,562
  • High Value: 759,284
  • Low Value: 511,840

    Market Valuation

  • Market Total Value: $614,800
  • Market Land Value: $367,374
  • Market Improvement Value: $247,426

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $614,800
  • Assessed Land Value: $367,374
  • Assessed Improvements Value: $247,426
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 Destin Pointe

Stats & Trends

Median Asking:

$1,332,500

Sale Price/ft²

$613

Below Asking

0.04%

Average Days on Market

128

Average Home Size

1819 ft²

Average Home Age

27 years

Currently For Sale

5 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: Jolene G Armstrong, La Florida Coastal Properties
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 760327
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 3588 Waverly Circle built and last sold?
The property at 3588 Waverly Circle was built in 1997 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3588 Waverly Circle is $0.
What are some comparable homes to 3588 Waverly Circle?
There are currently no comparable homes to 3588 Waverly Circle.
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