$585,000
●
House -
For Sale
407 Marsh Deer
Niceville, FL 32578
4 Beds
2 Baths
2,000 Ft²
$2,971
Est. Monthly
About This Property
Seller pays $10,000 ''anywhere money'' plus 1% of the purchase
price toward total closing costs (and $2000 if using the preferred
lender)! This highly popular Dogwood plan will be complete in May
'27. This plan sells so fast due to its spacious and well thought
out, one story floor plan! 2000 sq ft of gracious living boasting 4
bedrooms, 2 baths, a very large living, dining area and kitchen
(with butler's pantry and LOTS of white, shaker cabinet space), a
huge center island, quartz countertops, premium fixtures and
hardware, apron front sink, gas range and all stainless appliances.
The primary suite is an impressive size and the primary closet is
very large and features custom built-ins! This premium lot backs up
to woods for extra privacy beyond the backyard and patio. This is a
must see!
Unit Size
2,000 Ft²
Days on Market
74 days
Land Size
-
Price per sqft
$293
Property Type
House
Property Taxes
$98
HOA Dues
-
Year Built
1975
Listed By
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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: 3 months ago (ECAR #1011129)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2026 | Listed by Ruckel Properties Inc | $585,000 | |
| Listed by Ruckel Properties Inc | |||
| Jul 8, 2015 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Kitchen Island, Pantry, Ceiling Raised, Lighting Recessed, Split Bedroom, Washer/Dryer Hookup
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater, Water Heater, Auto Garage Door Opn, Stove/Oven Gas
Flooring Type: Vinyl, Floor Tile
Rooms: 12
Exterior Details
Square Footage: 2000
Property Condition: To Be Built
Architectural Style: Craftsman
Year Built: 2027
Building Area Total: 2000
Construction Materials: Siding CmntFbrHrdBrd
Patio and Porch Features: Covered
Lot Features: Level, Wooded, Covenants, Interior, Restrictions, Sidewalk
Lot Size Units: Acres
Lot Size Dimensions: 100x55
Water Source: Public
Financial Details
Tax Assessed Value: $250
Tax Annual Amount: $1,178
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Management, Master Association, Recreational Faclty
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Listed On
Closing Price
Sold On
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HOA + Taxes
About Okaloosa
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Listed by: Kelly L Shephard, Ruckel Properties Inc
Last Updated: 3 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1011129
Last Updated: 3 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1011129
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