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Destin 32541 Eastwood
423 Overstreet Drive
$198,500
● House - Off Market

423 Overstreet Drive

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,305 Ft²
$374,743
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

This is a solid, beautiful home located in one of the best areas in Destin. This home could be your perfect starter home.
Unit Size
1,305 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$172
Property Type
House
Property Taxes
$167
HOA Dues
-
Year Built
1981

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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 #763330)

Price History

Date / Event Date Event Price
Aug 5, 2021 Sold
Premium
Sold
Jun 30, 2021 No longer available -
No longer available
Jun 25, 2021 Listed by Keller Williams Realty Destin $419,000
Listed by Keller Williams Realty Destin
Feb 15, 2017 Sold
Premium
Sold
Oct 27, 2016 Listed by Keller Williams Realty Destin $225,000
Listed by Keller Williams Realty Destin
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • 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: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 525
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,621
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,066
  • Gross Building Area: 2,066
  • Building Area: 1,305
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,305
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EASTWOOD 9TH ADD
  • Land Acres: 0000000244
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: EASTWOOD 9TH ADD LOT 12 BLK 3

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023306

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-0720-0003-0120
  • Block: 3
  • Lot: 12
  • Municipality: DESTIN
  • Latitude: 30.3998
  • Longitude: -86.4973

    Address

  • Full Address: 423 Overstreet Dr
  • Address - House Number: 423
  • Address - Street Name: Overstreet
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Destin
  • Carrier Code: C012
  • 4-Digit Zip Code: 2215
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 1,721
  • Tax Year: 2023
  • Tax Amount: $316,576
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1957
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 448,592
  • High Value: 536,383
  • Low Value: 360,800

    Market Valuation

  • Market Total Value: $317,948
  • Market Land Value: $132,096
  • Market Improvement Value: $185,852

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,539

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Aug 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3478001
  • Previous Sale Recording Date: Feb 15, 2017
  • Previous Sale Contract Date: Feb 13, 2017
  • Previous Sale Amount: $198,500
  • 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 Eastwood

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$284

Below Asking

0.02%

Average Days on Market

94

Average Home Size

2209 ft²

Average Home Age

22.4 years

Currently For Sale

5 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: John A King, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 763330
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 423 Overstreet Drive built and last sold?
The property at 423 Overstreet Drive was built in 1981 and last sold on Aug 3, 2021 for $414,000.
How much is this home worth?
The estimated value of the home located at 423 Overstreet Drive is $0.
What are some comparable homes to 423 Overstreet Drive?
There are currently no comparable homes to 423 Overstreet Drive.
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