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Okaloosa 32539
4029 Lakeview Drive
$120,000
● Land - Off Market

4029 Lakeview Drive

Crestview, FL 32539
bedrooms
Studio
bathrooms
0 Bath
$655
Est. Monthly

About This Property

Bring your home plans and create your future! This property is being sold AS IS with over 2 acres of land, tons of waterfront on the lake, and surrounded by beauty with plenty of foliage for privacy. This property currently holds two structures and is hooked up with electric, city water, and sewer. Structures will be sold AS-IS. Easy access to both Crestview, Defuniak, Niceville (via 285), and the local military bases. Schedule your showing today! Buyer to verify all areas of importance.
Unit Size
-
Days on Market
-
Land Size
2.12 acres
Price per sqft
-
Property Type
Land
Property Taxes
$41
HOA Dues
-
Year Built
1997

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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 #936423)

Price History

Date / Event Date Event Price
Jan 2, 2024 Sold
Premium
Sold
Nov 10, 2023 Listed by EXP Realty LLC $125,000
Listed by EXP Realty LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 92,347
  • Total Building Area: 1,064
  • Gross Building Area: 1,064
  • Building Area: 1,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,064
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MIRROR LAKE
  • Land Acres: 0000002120
  • 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 OF N1/2 N60 DEG E1826.53 FT TO POB N31 DEG E85 FT S71 DEG E571.90 FT

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020306

Geography

  • Assessors Map Reference: 16A
  • Parcel: 16-3N-22-0000-0002-0550
  • Block: 2
  • Lot: 62
  • Meridian: SEC 16 TWN 03N RNG 22W
  • Municipality: COUNTY
  • Latitude: 30.7596
  • Longitude: -86.4526

    Address

  • Full Address: 4029 Lakeview Dr
  • Address - House Number: 4029
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Crestview
  • Carrier Code: R001
  • 4-Digit Zip Code: 8853
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,064
  • Tax Year: 2023
  • Tax Amount: $47,231
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.0808
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 94
  • Final Value: 123,129
  • High Value: 133,083
  • Low Value: 113,175

    Market Valuation

  • Market Total Value: $111,248
  • Market Land Value: $68,914
  • Market Improvement Value: $42,334

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,632

    Sales

  • Current Sale Contract Date: Dec 20, 2023
  • Current Sale Recording Date: Jan 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3664386
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:

$379,000

Sale Price/ft²

$226

Below Asking

0.02%

Average Days on Market

80

Average Home Size

1817 ft²

Average Home Age

28.4 years

Currently For Sale

1670 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

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ECAR

Listed by: Matthew G Gardner, EXP Realty LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 936423
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 4029 Lakeview Drive built and last sold?
The property at 4029 Lakeview Drive was built in 1997 and last sold on Dec 20, 2023 for $120,000.
How much is this home worth?
The estimated value of the home located at 4029 Lakeview Drive is $126,250.
What are some comparable homes to 4029 Lakeview Drive?
There are currently no comparable homes to 4029 Lakeview Drive.
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