See Home Value
$625,000
● House - Off Market

4554 Biscayne Way

Destin, FL 32541
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2,844 Ft²
$909,916
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

THIS HOME'S PREMIER LOCATION DRIVES HIGHER RENTALS! GREAT INVESTMENT OPPORTUNITY. Earn an estimated $38,329 NET income after expenses or 29% Return on cash w/financed purchase or an estimated $71,605 NET income or 11% ROI w/cash purchase! Offering the BEST location in the Villages, this fabulous 3-story furnished home W/5 bedrooms, 4 baths & 2 LARGE LIVING ROOMS, overlooks the 35,000 sq ft zero entry comm pool w/ waterfalls, tiki bar & grill station & is just 3 blocks to the beach. Designed to provide an incredible vacation experience for large groups/families, this Home is close to dining, shopping, entertainment & offers seasonal trolley to beach. Other features include updated Kitchen & baths all w/granite, high ceilings, 2 master suites, 1st & 3rd fl living rooms, 2  bar areas and 3 covered porches providing great views. To maximize rental income, this home is set up to generate high rentals for a savvy investor, or offers the opportunity to offset some or all of the costs of owning a fabulous beach getaway!
Unit Size
2,844 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$234
Property Type
House
Property Taxes
-
HOA Dues
$1,343
Year Built
2007

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Last updated: 2 years ago (ECAR MLS #837337)

Price History

Date / Event Date Event Price
Aug 31, 2020 Sold
Sold
Dec 27, 2019 Listed by RE/MAX Coastal Properties $664,300
Listed by RE/MAX Coastal Properties
May 7, 2018 Sold
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 5
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 13
  • 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: 1,150
  • Total Building Area: 3,375
  • Gross Building Area: 3,375
  • Building Area: 2,629
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,629
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGES OF CRYSTAL BEACH
  • Land Acres: 0000000026
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: VILLAGES OF CRYSTAL BEACH LOT 116

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023308

Geography

  • Parcel: 00-2S-22-1125-0000-1160
  • Lot: 116
  • Municipality: DESTIN
  • Latitude: 30.3867
  • Longitude: -86.4198

    Address

  • Full Address: 4554 Biscayne Bay
  • Address - House Number: 4554
  • Address - Street Name: Biscayne Bay
  • State: FL
  • City Name: Destin
  • Carrier Code: C020
  • 4-Digit Zip Code: 3533
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,853
  • Tax Year: 2023
  • Tax Amount: $1,129,625
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1946
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 1,126,988
  • High Value: 1,346,374
  • Low Value: 907,602

    Market Valuation

  • Market Total Value: $996,372
  • Market Land Value: $280,000
  • Market Improvement Value: $716,372

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $996,372
  • Assessed Land Value: $280,000
  • Assessed Improvements Value: $716,372

    Sales

  • Current Sale Contract Date: Aug 07, 2020
  • Current Sale Recording Date: Aug 31, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3386932
  • Previous Sale Recording Date: May 07, 2018
  • Previous Sale Contract Date: Apr 17, 2018
  • Previous Sale Amount: $579,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 4554 Biscayne Way built and last sold?
The property at 4554 Biscayne Way was built in 2007 and last sold on Aug 7, 2020 for $625,000.
How much is this home worth?
The estimated value of the home located at 4554 Biscayne Way is $0.
What are some comparable homes to 4554 Biscayne Way?
There are currently no comparable homes to 4554 Biscayne Way.