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Okaloosa 32569 Emerald Pointe
413 Emerald Pointe Drive
$425,000
● House - Off Market

413 Emerald Pointe Drive

Mary Esther, FL 32569
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,116 Ft²
$2,570
Est. Monthly

About This Property

WATERFRONT VIEWS from your private balcony! Less than 15 minutes to Hurlburt Field and 30 minutes to Eglin, this stunning 3BR/2.5BA home at 413 Emerald Point combines comfort, style, and convenience. The spacious master suite features a private balcony overlooking the backyard-perfect for morning coffee or evening sunsets. Enjoy open living areas, two additional bedrooms, and plenty of natural light throughout. Entertain in the expansive backyard or relax with easy access to boating, fishing, and serene waterfront activities nearby. A two-car garage provides ample parking and storage. New roof installed 9/2/24 with transferable 5-year workmanship warranty. Nestled in a quiet waterfront neighborhood, with amenities, just off Hwy 98.
Unit Size
2,116 Ft²
Days on Market
203 days
Land Size
0.31 acres
Price per sqft
$209
Property Type
House
Property Taxes
$394
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: 5 months ago (ECAR #987326)

Price History

Date / Event Date Event Price
May 1, 2026 Sold
Premium
Sold
Mar 31, 2026 In contract -
In contract
Mar 22, 2026 Price Decreased $443,000
↓ $12K (2.6%)
Price Decreased
Oct 10, 2025 Listed by ERA American Real Estate $455,000
Listed by ERA American Real Estate
Jul 17, 2013 Sold
Premium
Sold

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: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 418
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 58
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,402
  • Total Building Area: 2,903
  • Gross Building Area: 2,903
  • Building Area: 2,116
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,116
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD POINTE
  • Land Acres: 0000000308
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: EMERALD POINTE PLAT II LOT 13 BLK B

Neighborhood

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

Geography

  • Assessors Map Reference: 48
  • Parcel: 19-2S-25-101B-000B-0130
  • Block: B
  • Lot: 13
  • Meridian: SEC 19 TWN 02S RNG 25W
  • Municipality: FLOROSA FIRE (SW)
  • Latitude: 30.4072
  • Longitude: -86.7908

    Address

  • Full Address: 413 Emerald Pointe Dr
  • Address - House Number: 413
  • Address - Street Name: Emerald Pointe
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Mary Esther
  • Carrier Code: R005
  • 4-Digit Zip Code: 2725
  • Zip Code: 32569

Valuation

    Tax

  • Total Area: 2,396
  • Tax Year: 2023
  • Tax Amount: $455,977
  • Tax Rate Code Area: 021

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 499,946
  • High Value: 583,738
  • Low Value: 416,155

    Market Valuation

  • Market Total Value: $398,888
  • Market Land Value: $55,584
  • Market Improvement Value: $343,304

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,888
  • Assessed Land Value: $55,584
  • Assessed Improvements Value: $343,304

    Sales

  • Current Sale Contract Date: Jun 17, 2013
  • Current Sale Recording Date: Jul 17, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2869031
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 Emerald Pointe

Stats & Trends

Median Asking:

$549,450

Sale Price/ft²

$261

Below Asking

0.01%

Average Days on Market

83

Average Home Size

2374 ft²

Average Home Age

34 years

Currently For Sale

3 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

Unit for rent at 2040 Falconhurst Place, Navarre, FL, 32566

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 990 ft²
2040 Falconhurst Place #2040, Navarre, FL, 32566 Listing by Maderline Martinez Dippe

Rentals Near You

Click here to view more rentals in the neighborhood.
ECAR

Listed by: Nikki Segraves Wood, ERA American Real Estate
Last Updated: 5 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 987326
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 413 Emerald Point Drive built and last sold?
The property at 413 Emerald Point Drive was built in 1993 and last sold on Jun 17, 2013 for $219,800.
How much is this home worth?
The estimated value of the home located at 413 Emerald Point Drive is $0.
What are some comparable homes to 413 Emerald Point Drive?
There are currently no comparable homes to 413 Emerald Point Drive.
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