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Destin 32541 Sovereign Isle
4571 Woodwind Drive
$698,000
● House - Off Market

4571 Woodwind Drive

Destin, FL 32541
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,641 Ft²
$4,403
Est. Monthly
$362
HOA / Fees
2.74%
Cap Rate

About This Property

Adorable Victorian featuring 3 Bedrooms and 2.5 bathrooms! This cute cottage is located in one of Destin's most desirable neighborhoods, Sovereign Isle. beautiful interior finishes and upgrades, including new flooring on the main level, granite countertops, and crown molding. The exterior boasts a charming covered front porch and a private courtyard. The community has a picturesque pool and is ideally located near shopping, restaurants, and beautiful white sand beaches. This home comes partially furnished. AC installed in 2021, water heater installed in 2025
Unit Size
1,641 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$433
Property Type
House
Property Taxes
$554
HOA Dues
$362
Year Built
2001

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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 #968197)

Price History

Date / Event Date Event Price
Mar 28, 2025 Sold
Premium
Sold
Feb 22, 2025 In contract -
In contract
Feb 10, 2025 Listed by Sound Choice Real Estate LLC $710,000
Listed by Sound Choice Real Estate LLC
Jun 16, 2021 Sold
Premium
Sold
Dec 2, 2019 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 21
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 4
  • Garage Square Area: 300
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,612
  • Total Building Area: 2,137
  • Gross Building Area: 2,137
  • Building Area: 1,641
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,641
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOVEREIGN ISLE S/D
  • Land Acres: 0000000106
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SOVEREIGN ISLE S/D LOT 16 BLK A

Neighborhood

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

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-0412-000A-0160
  • Block: A
  • Lot: 16
  • Municipality: DESTIN
  • Latitude: 30.3867
  • Longitude: -86.4162

    Address

  • Full Address: 4571 Woodwind Dr
  • Address - House Number: 4571
  • Address - Street Name: Woodwind
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Destin
  • Carrier Code: C018
  • 4-Digit Zip Code: 3674
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 1,880
  • Tax Year: 2023
  • Tax Amount: $665,378
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 753,690
  • High Value: 880,858
  • Low Value: 626,523

    Market Valuation

  • Market Total Value: $582,310
  • Market Land Value: $275,000
  • Market Improvement Value: $307,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $582,310
  • Assessed Land Value: $275,000
  • Assessed Improvements Value: $307,310

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3464029
  • Previous Sale Recording Date: Dec 02, 2019
  • Previous Sale Contract Date: Nov 26, 2019
  • Previous Sale Amount: $455,000
  • 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 Sovereign Isle

Stats & Trends

Median Asking:

$924,450

Sale Price/ft²

$382

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2555 ft²

Average Home Age

17.8 years

Currently For Sale

0 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: Benjamin R Tidwell, Sound Choice Real Estate LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 968197
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 4571 Wood Wind Drive built and last sold?
The property at 4571 Wood Wind Drive was built in 2001 and last sold on Jun 4, 2021 for $595,000.
How much is this home worth?
The estimated value of the home located at 4571 Wood Wind Drive is $694,534.
What are some comparable homes to 4571 Wood Wind Drive?
There are currently no comparable homes to 4571 Wood Wind Drive.
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