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Okaloosa 32564
4578 Franton Road
$200,000
● Land - Off Market

4578 Franton Road

Holt, FL 32564
bedrooms
Studio
bathrooms
0 Bath
$1,042
Est. Monthly

About This Property

MIXED USE ZONING!! Acreage located in the heart of the Holt community w/ access directly off of Hwy 90. Property is being sold AS IS...there are currently two buildings on it. Power and water are believed to exist on the property since there is an old home site. Buyer to verify and satisfy themselves as to the existence of utilities and any other factors deemed important.
Unit Size
-
Days on Market
37 days
Land Size
9.89 acres
Price per sqft
-
Property Type
Land
Property Taxes
$59
HOA Dues
-
Year Built
1918

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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: 8 months ago (ECAR #993214)

Price History

Date / Event Date Event Price
Feb 25, 2026 Sold
Premium
Sold
Feb 9, 2026 In contract -
In contract
Jan 19, 2026 Listed by ERA American Real Estate $200,000
Listed by ERA American Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Bedroom Count: 3
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 430,808
  • Total Building Area: 1,570
  • Building Area: 1,239
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 20
  • Heated Square Feet: 1,239
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000009890
  • Standard Land Use Code: 8000
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SE1/4 OF NW1/4 OF NW1/4 & E 62 FT 1 1/17 INCHES OF N1/2 OF NW1/4 OF NW1/4 S ST RD

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020101

Geography

  • Assessors Map Reference: 17
  • Parcel: 04-2N-25-0000-0031-0000
  • Block: 31
  • Meridian: SEC 04 TWN 02N RNG 25W
  • Municipality: COUNTY
  • Latitude: 30.7114
  • Longitude: -86.7544

    Address

  • Full Address: 4578 Franton Rd
  • Address - House Number: 4578
  • Address - Street Name: Franton
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Holt
  • Carrier Code: R051
  • 4-Digit Zip Code: 9448
  • Zip Code: 32564

Valuation

    Tax

  • Total Area: 1,323
  • Tax Year: 2023
  • Tax Amount: $61,168
  • Tax Rate Code Area: 001

    Market Valuation

  • Market Total Value: $58,921
  • Market Land Value: $58,921

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,921
  • Assessed Land Value: $58,921
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 Okaloosa

Stats & Trends

Median Asking:

$374,900

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1843 ft²

Average Home Age

28.8 years

Currently For Sale

2420 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: Jillian R Coon, ERA American Real Estate
Last Updated: 8 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 993214
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 4578 Franton Road built and last sold?
The property at 4578 Franton Road was built in 1918 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4578 Franton Road is $202,000.
What are some comparable homes to 4578 Franton Road?
There are currently no comparable homes to 4578 Franton Road.
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