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Okaloosa 32539
3855 Poverty Creek Road
$95,000
● Land - Off Market

3855 Poverty Creek Road

Crestview, FL 32539
bedrooms
Studio
bathrooms
0 Bath
$393
Est. Monthly

About This Property

Wow! Here you go! over 4 acres great location! This peropery already has a driveway paved! Water meter is in place! Power is in plus there's a power pole already.

There is a mobile home on the property and a garage. We are giving no value to the garage or home. There's no access to either they're in rough shape. Buying will be ''AS IS''
Unit Size
-
Days on Market
32 days
Land Size
4.31 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1981

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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 #984273)

Price History

Date / Event Date Event Price
Sep 30, 2025 Sold
Premium
Sold
Sep 1, 2025 In contract -
In contract
Aug 27, 2025 Listed by Coldwell Banker Realty $79,900
Listed by Coldwell Banker Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 10
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 324
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 98
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 187,743
  • Total Building Area: 1,876
  • Gross Building Area: 1,876
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004310
  • Standard Land Use Code: 1006
  • County Land Use Code: 000200
  • State Land Use Code: 002
  • Mobile Home Indicator: T
  • Legal Description 1: COM SW COR SEC E1328.77 FT N50 FT TO POB N549.25 FT E341.01 FT S554.33 FT

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020305

Geography

  • Assessors Map Reference: 12
  • Parcel: 29-4N-22-0000-0001-0310
  • Block: 1
  • Meridian: SEC 29 TWN 04N RNG 22W
  • Municipality: COUNTY
  • Latitude: 30.8091
  • Longitude: -86.4704

    Address

  • Full Address: 3855 Poverty Creek Rd
  • Address - House Number: 3855
  • Address - Street Name: Poverty Creek
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Crestview
  • Carrier Code: R008
  • 4-Digit Zip Code: 9742
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,479
  • Tax Year: 2023
  • Tax Amount: $70,014
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1293
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 85
  • Final Value: 107,682
  • High Value: 121,606
  • Low Value: 93,758

    Market Valuation

  • Market Total Value: $61,509
  • Market Land Value: $34,613
  • Market Improvement Value: $26,896

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,509
  • Assessed Land Value: $34,613
  • Assessed Improvements Value: $26,896
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 Okaloosa

Stats & Trends

Median Asking:

$374,900

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1845 ft²

Average Home Age

28.8 years

Currently For Sale

2396 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: Dino Sinopoli, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 984273
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 3855 Poverty Creek Road built and last sold?
The property at 3855 Poverty Creek Road was built in 1981 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3855 Poverty Creek Road is $0.
What are some comparable homes to 3855 Poverty Creek Road?
There are currently no comparable homes to 3855 Poverty Creek Road.
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