$1,059,900
●
House -
For Sale
430 Sorrel Way
Niceville, FL 32578
4 Beds
3 Baths,
1
Half Bath
3,156 Ft²
$5,318
Est. Monthly
About This Property
Estimated Completion January 2027! Welcome home to this
thoughtfully designed 3,156-square-foot residence featuring four
bedrooms, three-and-a-half baths, a private office downstairs and a
bonus space upstairs. The open floor plan creates an inviting
setting for everyday living and entertaining, with a gas fireplace
bringing warmth and character to the living room. The kitchen is
equipped with stainless steel appliances, double wall ovens, and an
LG smart refrigerator. The spacious primary suite includes a
beautifully appointed bath with double vanities, a freestanding
soaking tub, and a separate shower. Two-and-a-half-inch faux wood
blinds throughout add a polished finishing touch. With plenty of
room to gather, work, and unwind, this home offers comfort,
functionality, and refined style.
Unit Size
3,156 Ft²
Days on Market
65 days
Land Size
-
Price per sqft
$336
Property Type
House
Property Taxes
$113
HOA Dues
-
Year Built
-
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 #1011854)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2026 | Listed by Ruckel Properties Inc | $1,059,900 | |
| Listed by Ruckel Properties Inc | |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Parking Features: Garage
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Kitchen Island, Fireplace, Shelving, Split Bedroom, Washer/Dryer Hookup
Appliances: Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Water Heater, Auto Garage Door Opn, Oven Double, Smoke Detector
Flooring Type: Vinyl, Floor WW Carpet New
Rooms: 6
Exterior Details
Square Footage: 3156
Property Condition: Under Construction
Architectural Style: Craftsman
Year Built: 2026
Building Area Total: 3156
Window Features: Double Pane Windows
Construction Materials: Brick, Siding CmntFbrHrdBrd
Patio and Porch Features: Porch
Pool Features: Pool Type
Lot Features: Level, Covenants, Restrictions, Sidewalk
Lot Size Units: Acres
Lot Size Dimensions: 53.06 x 159.51 x 91.51 x 131.49
Water Source: Public
Financial Details
Tax Assessed Value: $250
Tax Annual Amount: $1,359
Utilities Details
Cooling Type: Ceiling Fan(s)
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Management, Master Association
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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HOA + Taxes
About Okaloosa
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Listed by: Jodie H Snell, Ruckel Properties Inc
Last Updated: 3 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1011854
Last Updated: 3 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1011854
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