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Walton 32459
37 Redfish Circle
$365,000
● House - Off Market

37 Redfish Circle

Santa Rosa Beach, FL 32459
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,807 Ft²
$682,928
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

This 4 bedroom Florida Beach cottage located South of 30A, just a short stroll to the beach access, is better than new with over $75K in recent renovations including new kitchen cabinets, countertops, refrigerator, disposal, hardwood flooring, carpeting, doors, two toilets and molding. In addition, the AC is less than two years old. This never rented, low maintenance home is light and spacious and features a 10' ceiling, a bedroom and full bath on the 1st level, two covered porches and plenty of back yard seating for family gatherings. Owners have the option of a Class C Club Membership for $532 per Quarter which includes access to the Village of Blue Mt Beach pool, fitness room, botchi ball and shuffleboard court. This is the ideal family beach retreat or rental investment South of Hwy 30A.
Unit Size
1,807 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$213
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
2002

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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 #722665)

Price History

Date / Event Date Event Price
Nov 10, 2015 Sold
Premium
Sold
Feb 5, 2015 Listed by ResortQuest Real Estate Seagrove Beach $385,000
Listed by ResortQuest Real Estate Seagrove Beach
Feb 12, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,132
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,807
  • Gross Building Area: 1,807
  • Building Area: 1,807
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,807
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLUE GULF RESORT UNIT
  • Land Acres: 0000000072
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 8 BLK J BLUE GULF RESORT UNIT I PB 3-69 OR 1901-170 OR 2175-419 OR 2360-1397 OR 2472-1655 OR 2994-4930

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950606

Geography

  • Assessors Map Reference: S3-12-20
  • Parcel: 12-3S-20-34030-00J-0080
  • Block: J
  • Lot: 8
  • Meridian: SEC 12 TWN 03S RNG 020
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3433
  • Longitude: -86.2075

    Address

  • Full Address: 37 Redfish Cir
  • Legal Unit: 1
  • Address - House Number: 37
  • Address - Street Name: Redfish
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H006
  • 4-Digit Zip Code: 4970
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 1,893
  • Tax Year: 2022
  • Tax Amount: $495,748
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2693
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 935,429
  • High Value: 1,187,345
  • Low Value: 683,512

    Market Valuation

  • Market Total Value: $652,161
  • Market Land Value: $218,115
  • Market Improvement Value: $434,046

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $652,161
  • Assessed Land Value: $218,115
  • Assessed Improvements Value: $434,046

    Sales

  • Current Sale Contract Date: Oct 30, 2015
  • Current Sale Recording Date: Nov 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015661345079
  • Previous Sale Recording Date: Feb 12, 2003
  • Previous Sale Contract Date: Feb 10, 2003
  • Previous Sale Amount: $300,000
  • 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 Walton

Stats & Trends

Median Asking:

$719,900

Sale Price/ft²

$421

Below Asking

0.03%

Average Days on Market

98

Average Home Size

2297 ft²

Average Home Age

16.9 years

Currently For Sale

2285 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: The Mary Stephens Team, ResortQuest Real Estate Seagrove Beach
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 722665
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 37 Redfish Circle built and last sold?
The property at 37 Redfish Circle was built in 2002 and last sold on Oct 30, 2015 for $365,000.
How much is this home worth?
The estimated value of the home located at 37 Redfish Circle is $414,272.
What are some comparable homes to 37 Redfish Circle?
There are currently no comparable homes to 37 Redfish Circle.
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