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Destin 32541 Crystal Beach
4456 CLIPPER COVE
$345,871
● House - Off Market

4456 CLIPPER COVE

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,371 Ft²
$646,426
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

Florida Cottage is located on a quiet, no through street in Crystal Beach. Beach Walkover allows easy access to the beach, which is a block & a half away. Crystal Beach also has a secured access community pool. Home includes an outdoor shower in the backyard for rinsing off. Built with a covered wrap-around porch & large windows for natural light. After replacing the bushes & scrub oaks with other plantings, landscaping is now indigenous & low maintenance. Other improvements include flooring, painting, replacement of a rusted back door, new exterior dryer vent, upgrade of a couple plumbing fixtures, new weather stripping, door bumpers, etc. Washing machine, HVAC, & refrigerator all upgraded within past 3 years. On high enough ground to avoid mandatory evacuations. *Underground utilities*
Unit Size
1,371 Ft²
Days on Market
-
Land Size
-
Price per sqft
$252
Property Type
House
Property Taxes
-
HOA Dues
$650
Year Built
1993

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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 #702069)

Price History

Date / Event Date Event Price
May 19, 2014 Sold
Premium
Sold
Mar 26, 2014 Listed by Real Estate Professionals of Destin Inc $345,841
Listed by Real Estate Professionals of Destin Inc
Jul 1, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning

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: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,245
  • Total Building Area: 1,688
  • Gross Building Area: 1,688
  • Building Area: 1,345
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,345
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRYSTAL BCH
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: CRYSTAL BCH COTTAGES PH II LOT 60

Neighborhood

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

Geography

  • Assessors Map Reference: 47
  • Subdivision Phase Number: 2
  • Parcel: 00-2S-22-0583-0000-0600
  • Lot: 60
  • Municipality: DESTIN
  • Latitude: 30.3848
  • Longitude: -86.4249

    Address

  • Full Address: 4456 Clipper Cv
  • Address - House Number: 4456
  • Address - Street Name: Clipper
  • Address - Suffix Type: Cv
  • State: FL
  • City Name: Destin
  • Carrier Code: C020
  • 4-Digit Zip Code: 3699
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 1,448
  • Tax Year: 2023
  • Tax Amount: $634,096
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 812,630
  • High Value: 957,484
  • Low Value: 667,777

    Market Valuation

  • Market Total Value: $615,760
  • Market Land Value: $428,185
  • Market Improvement Value: $187,575

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $615,760
  • Assessed Land Value: $428,185
  • Assessed Improvements Value: $187,575

    Sales

  • Current Sale Contract Date: May 15, 2014
  • Current Sale Recording Date: May 19, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2927967
  • Previous Sale Recording Date: Jul 01, 2010
  • Previous Sale Contract Date: Jun 29, 2010
  • Previous Sale Amount: $279,000
  • 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 Crystal Beach

Stats & Trends

Median Asking:

$1,062,500

Sale Price/ft²

$596

Below Asking

0.02%

Average Days on Market

80

Average Home Size

2681 ft²

Average Home Age

25.3 years

Currently For Sale

80 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: Mary Anne Windes, Real Estate Professionals of Destin Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 702069
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 4456 Clipper Cove built and last sold?
The property at 4456 Clipper Cove was built in 1993 and last sold on May 15, 2014 for $345,871.
How much is this home worth?
The estimated value of the home located at 4456 Clipper Cove is $0.
What are some comparable homes to 4456 Clipper Cove?
There are currently no comparable homes to 4456 Clipper Cove.
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