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Okaloosa 32541 Regatta Patio Homes
4577 Sailmaker Lane
$720,000
● House - Off Market

4577 Sailmaker Lane

Destin, FL 32541
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,338 Ft²
$1,677,652
RealtyHop Estimate
109.97%
Since Mar 1, 2013
National-US
Primary Model

About This Property

Added to MLS for comps
Unit Size
3,338 Ft²
Days on Market
-
Land Size
-
Price per sqft
$239
Property Type
House
Property Taxes
-
HOA Dues
$505
Year Built
2006

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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 #585470)

Price History

Date / Event Date Event Price
Mar 8, 2013 Sold
Premium
Sold
Oct 15, 2012 Listed by Crye-Leike Coastal Realty $799,000
Listed by Crye-Leike Coastal Realty
Jun 1, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 851
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 125
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,354
  • Total Building Area: 4,856
  • Gross Building Area: 4,856
  • Building Area: 3,338
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,338
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REGATTA PATIO HOMES
  • Land Acres: 0000000284
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: REGATTA PATIO HOMES REPLAT LOT 14 BLK A

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 4
  • Parcel: 00-2S-22-2095-000A-0140
  • Block: A
  • Lot: 14
  • Municipality: DESTIN FIRE DISTRICT
  • Latitude: 30.3929
  • Longitude: -86.4068

    Address

  • Full Address: 4577 Sailmaker Ln
  • Address - House Number: 4577
  • Address - Street Name: Sailmaker
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Destin
  • Carrier Code: C017
  • 4-Digit Zip Code: 5729
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 4,033
  • Tax Year: 2023
  • Tax Amount: $1,102,938
  • Tax Rate Code Area: 009

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 1,339,523
  • High Value: 1,578,296
  • Low Value: 1,100,749

    Market Valuation

  • Market Total Value: $1,157,617
  • Market Land Value: $244,677
  • Market Improvement Value: $912,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,157,617
  • Assessed Land Value: $244,677
  • Assessed Improvements Value: $912,940

    Sales

  • Current Sale Contract Date: Feb 28, 2013
  • Current Sale Recording Date: Mar 08, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2839202
  • Previous Sale Recording Date: Jun 01, 2005
  • Previous Sale Contract Date: May 27, 2005
  • Previous Sale Amount: $200,000
  • 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 Regatta Patio Homes

Stats & Trends

Median Asking:

$1,012,450

Sale Price/ft²

$451

Below Asking

0.03%

Average Days on Market

94

Average Home Size

2763 ft²

Average Home Age

15.3 years

Currently For Sale

3 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: Randy Morris, Crye-Leike Coastal Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 585470
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 4577 Sailmaker Lane built and last sold?
The property at 4577 Sailmaker Lane was built in 2006 and last sold on Feb 28, 2013 for $720,000.
How much is this home worth?
The estimated value of the home located at 4577 Sailmaker Lane is $0.
What are some comparable homes to 4577 Sailmaker Lane?
There are currently no comparable homes to 4577 Sailmaker Lane.
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