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Okaloosa 32541 Diamond Lakes
4232 Jade Loop
$430,000
● House - Off Market

4232 Jade Loop

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,756 Ft²
$3,062
Est. Monthly
$650
HOA / Fees
2.92%
Cap Rate

About This Property

NOW AVAILABLE IN THE HEART OF DESTIN- 3 bedroom, 2 bath, open, split-bedroom floorplan. This home feels extremely spacious from the moment you walk into the front 'flex room' which could be an office, sitting room, or formal dining. It features 9 and 10ft ceilings, luxury vinyl plank flooring in living areas with 10' baseboards, beautifully framed door and window moldings, 2 car garage and screened back porch. Kitchen is open to the living room via breakfast bar and includes stainless appliances and granite countertops.  Custom blinds throughout.  Main bedroom has en suite bathroom with oversized glass shower, separate tub and dual vanity. Lawn care is maintained by the HOA. Community pool open seasonally. Call to schedule an appointment today!
Unit Size
1,756 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$256
Property Type
House
Property Taxes
$202
HOA Dues
$650
Year Built
2016

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Cap Rate Calculator

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Cap Rate 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: 2 years ago (ECAR MLS #937605)

Price History

Date / Event Date Event Price
Mar 4, 2024 Sold
Premium
Sold
Dec 1, 2023 Listed by Back Stage Realty $450,000
Listed by Back Stage Realty
Oct 14, 2016 Sold
Premium
Sold
Jul 7, 2016 Listed by Back Stage Realty $325,000
Listed by Back Stage Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 35
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 416
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,521
  • Total Building Area: 2,436
  • Gross Building Area: 2,436
  • Building Area: 1,756
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,756
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DIAMOND LAKES
  • Land Acres: 0000000058
  • Standard Land Use Code: 1001
  • County Land Use Code: 000109
  • State Land Use Code: 01
  • Legal Description 1: DIAMOND LAKES LOT C10

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023304

Geography

  • Assessors Map Reference: MAP 1
  • Parcel: 00-2S-22-1008-0000-C100
  • Lot: C10
  • Municipality: DESTIN FIRE DISTRICT
  • Latitude: 30.3919
  • Longitude: -86.4509

    Address

  • Full Address: 4232 Jade Loop
  • Address - House Number: 4232
  • Address - Street Name: Jade
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Destin
  • Carrier Code: C025
  • 4-Digit Zip Code: 5134
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,098
  • Tax Year: 2023
  • Tax Amount: $242,193
  • Tax Rate Code Area: 009

    Appraisal Valuation

  • Standard Deviation: 0.0808
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 439,669
  • High Value: 475,106
  • Low Value: 404,231

    Market Valuation

  • Market Total Value: $394,612
  • Market Land Value: $55,000
  • Market Improvement Value: $339,612

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $264,954

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 2024
  • Current Sale Recording Date: Mar 04, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3674408
  • Previous Sale Recording Date: Oct 14, 2016
  • Previous Sale Contract Date: Oct 12, 2016
  • Previous Sale Amount: $315,000
  • 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 Diamond Lakes

Stats & Trends

Median Asking:

$443,250

Sale Price/ft²

$253

Below Asking

0.02%

Average Days on Market

96

Average Home Size

1790 ft²

Average Home Age

21 years

Currently For Sale

2 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

Rentals Near You

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ECAR

Listed by: Dawn M Johnson, Back Stage Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 937605
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 4232 Jade Loop built and last sold?
The property at 4232 Jade Loop was built in 2016 and last sold on Mar 1, 2024 for $430,000.
How much is this home worth?
The estimated value of the home located at 4232 Jade Loop is $448,798.
What are some comparable homes to 4232 Jade Loop?
There are currently no comparable homes to 4232 Jade Loop.
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