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Valparaiso 32580 Valparaiso
403 James Avenue
Photo of 403 James Avenue

2

Map

Photo of 403 James Avenue
$405,000
● House - In Contract

403 James Avenue

Valparaiso, FL 32580
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,504 Ft²
$1,989
Est. Monthly

About This Property

Home needs lots of work.  Buyer to verify all pertinent information including square footage and lot dimensions.Property is being sold AS-IS
Unit Size
1,504 Ft²
Days on Market
-
Land Size
-
Price per sqft
$269
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965

Listed By

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 months ago (ECAR #991746)

Price History

Date / Event Date Event Price
Jan 30, 2026 In contract -
In contract
Dec 23, 2025 Listed by Stars Realty $405,000
Listed by Stars Realty
Oct 21, 2020 Sold
Premium
Sold
Sep 12, 2020 No longer available -
No longer available
Sep 5, 2020 Listed by Stars Realty $295,000
Listed by Stars Realty
Show More

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar
Appliances: Water Heater
Rooms: 5
Has Fireplace
Fireplace Features: Fireplace Gas
Exterior Details
Square Footage: 1504
Property Condition: Construction Complete
Architectural Style: Contemporary
Year Built: 1965
Building Area Total: 1504
Window Features: Storm Window(s)
Construction Materials: Concrete, Brick, Frame, Trim Vinyl, Trim Wood
Patio and Porch Features: Enclosed
Pool Features: Heated, Pool - In-Ground, Pool Type
Pool is Private
Lot Size Units: Acres
Lot Size Dimensions: 125x127.5x102x106
Utilities Details
Cooling Type: Central Air
Heating Type: Geothermal
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 500
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 89
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,866
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,375
  • Gross Building Area: 2,375
  • Building Area: 1,504
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,504
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALPARAISO
  • Land Acres: 0000000295
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: VALPARAISO PLAT #16 LOT 1 BLK 6

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021200

Geography

  • Assessors Map Reference: 28
  • Parcel: 12-1S-23-253I-0006-0010
  • Block: 6
  • Lot: 1
  • Meridian: SEC 12 TWN 01S RNG 23W
  • Municipality: VALPARAISO
  • Latitude: 30.508
  • Longitude: -86.5046

    Address

  • Full Address: 403 James Ave
  • Address - House Number: 403
  • Address - Street Name: James
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Valparaiso
  • Carrier Code: C002
  • 4-Digit Zip Code: 1115
  • Zip Code: 32580

Valuation

    Tax

  • Total Area: 2,012
  • Tax Year: 2023
  • Tax Amount: $400,493
  • Tax Rate Code Area: 008

    Appraisal Valuation

  • Standard Deviation: 0.0802
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 330,415
  • High Value: 356,930
  • Low Value: 303,901

    Market Valuation

  • Market Total Value: $305,563
  • Market Land Value: $63,790
  • Market Improvement Value: $241,773

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,563
  • Assessed Land Value: $63,790
  • Assessed Improvements Value: $241,773

    Sales

  • Current Sale Contract Date: Oct 19, 2020
  • Current Sale Recording Date: Oct 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3400749
  • Previous Sale Recording Date: Nov 26, 2013
  • Previous Sale Contract Date: Nov 21, 2013
  • Previous Sale Amount: $162,000
  • 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 Valparaiso

Stats & Trends

Median Asking:

$369,900

Sale Price/ft²

$248

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1824 ft²

Average Home Age

37.5 years

Currently For Sale

31 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: Natalia Sevciuc, Stars Realty
Last Updated: 3 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 991746
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 403 James Avenue built and last sold?
The property at 403 James Avenue was built in 1965 and last sold on Oct 19, 2020 for $295,000.
How much is this home worth?
The estimated value of the home located at 403 James Avenue is $405,049.
What are some comparable homes to 403 James Avenue?
There are currently no comparable homes to 403 James Avenue.
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