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Okaloosa 32569 Sandy Ridge Estates
411 Sandy Ridge Circle
$299,995
● House - Off Market

411 Sandy Ridge Circle

Mary Esther, FL 32569
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,365 Ft²
$1,693
Est. Monthly
6.72%
Cap Rate

About This Property

APPRAISASED AT $306,000.  Back on the Market at no fault of the seller.  -HUGE Backyard.  Room for a pool and a Man's Cave.  Sprinkler system is on a timer with a Lawn pump-GRASS!  This 3 bedrooms 2 bathrooms home has granite countertops in the kitchen and both bathrooms.  NO CARPET!  Tile in both bathrooms and hard wood flooring throughout.  Gas stove for the chef in the family.  Fireplace in the living room just in time for those cold nights.  Master bathroom has double granite sinks, separate shower with an oversize soaking tub.  Inside utility room, right off the kitchen.  Double car garage.  The back yard is fenced and has room for a large workshop as well. back door leads out to patio-perfect for grilling. New AC installed August 2024.  Hot water heater replaced in 2019.  Roof 201
Unit Size
1,365 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$220
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1993

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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: 2 years ago (ECAR MLS #964681)

Price History

Date / Event Date Event Price
Apr 10, 2025 Sold
Premium
Sold
Mar 10, 2025 In contract -
In contract
Mar 4, 2025 Price Increased $299,995
↑ $95 (0%)
Price Increased
Mar 4, 2025 Relisted $299,900
Relisted
Jan 29, 2025 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • 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: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,917
  • Total Building Area: 2,025
  • Gross Building Area: 2,025
  • Building Area: 1,365
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,365
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SANDY RIDGE EST
  • Land Acres: 0000000297
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SANDY RIDGE EST LOT 42 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023100

Geography

  • Assessors Map Reference: 49
  • Parcel: 16-2S-25-212B-000A-0420
  • Block: A
  • Lot: 42
  • Meridian: SEC 16 TWN 02S RNG 25W
  • Municipality: FLOROSA FIRE (SW)
  • Latitude: 30.4105
  • Longitude: -86.7622

    Address

  • Full Address: 411 Sandy Ridge Cir
  • Address - House Number: 411
  • Address - Street Name: Sandy Ridge
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Mary Esther
  • Carrier Code: R005
  • 4-Digit Zip Code: 2113
  • Zip Code: 32569

Valuation

    Tax

  • Total Area: 1,625
  • Tax Year: 2023
  • Tax Amount: $263,587
  • Tax Rate Code Area: 021

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 322,721
  • High Value: 380,247
  • Low Value: 265,195

    Market Valuation

  • Market Total Value: $234,509
  • Market Land Value: $51,104
  • Market Improvement Value: $183,405

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,509
  • Assessed Land Value: $51,104
  • Assessed Improvements Value: $183,405

    Sales

  • Current Sale Contract Date: May 12, 2017
  • Current Sale Recording Date: May 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3134912
  • Previous Sale Recording Date: Aug 06, 2004
  • Previous Sale Contract Date: Jul 27, 2004
  • Previous Sale Amount: $134,000
  • 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 Sandy Ridge Estates

Stats & Trends

Median Asking:

$329,200

Sale Price/ft²

$227

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1236 ft²

Average Home Age

32.5 years

Currently For Sale

0 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: Shelley R Elley, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 964681
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 411 Sandy Ridge Circle built and last sold?
The property at 411 Sandy Ridge Circle was built in 1993 and last sold on May 12, 2017 for $210,000.
How much is this home worth?
The estimated value of the home located at 411 Sandy Ridge Circle is $295,937.
What are some comparable homes to 411 Sandy Ridge Circle?
There are currently no comparable homes to 411 Sandy Ridge Circle.
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