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Destin 32541 Sovereign Isle
4591 Woodwind Drive
$315,000
● House - Off Market

4591 Woodwind Drive

Destin, FL 32541
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,043 Ft²
$775,132
RealtyHop Estimate
128.65%
Since Mar 1, 2012
National-US
Primary Model

About This Property

This lovely 4 BR/2 1/2 BA home located in the Sovereign Isle subdivision is perfect for vacation rental, second home, or a primary residence. Consistent Victorian design in the community adds charm. Just a short walk to the beach or a brief distance to HWY 98, the house offers wonderful features--upscale kitchen with gas stove, great room with a gas fireplace,separate living room, and separate dining room. Generous size first-floor master suite, three bedrooms upstairs. Full laundry room. Ground floor living area is tile; bedrooms are carpeted. Property is offered fully furnished and rental ready. Community features include landscaped common area and pool. Close to restaurants, shopping, golf. (Buyer to confirm all information, fees, and measurements.)
Unit Size
2,043 Ft²
Days on Market
-
Land Size
-
Price per sqft
$166
Property Type
House
Property Taxes
-
HOA Dues
$380
Year Built
1996

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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 #565759)

Price History

Date / Event Date Event Price
Feb 21, 2012 Sold
Premium
Sold
Oct 6, 2011 Listed by Crye-Leike Coastal Realty $339,000
Listed by Crye-Leike Coastal Realty
Jun 25, 2009 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 21
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,800
  • Total Building Area: 2,377
  • Gross Building Area: 2,377
  • Building Area: 2,043
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,043
  • 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: 0000000133
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SOVEREIGN ISLE S/D LOT 6 BLK A

Neighborhood

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

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-0412-000A-0060
  • Block: A
  • Lot: 6
  • Municipality: DESTIN
  • Latitude: 30.3868
  • Longitude: -86.4149

    Address

  • Full Address: 4591 Woodwind Dr
  • Address - House Number: 4591
  • 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: 2,132
  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 804,687
  • High Value: 962,588
  • Low Value: 646,786

    Market Valuation

  • Market Total Value: $610,673
  • Market Land Value: $275,000
  • Market Improvement Value: $335,673

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,317

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 16, 2012
  • Current Sale Recording Date: Feb 21, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2758279
  • Previous Sale Recording Date: Jun 25, 2009
  • Previous Sale Contract Date: Jun 16, 2009
  • Previous Sale Amount: $282,000
  • Previous Sale Document Type: 68
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:

$749,250

Sale Price/ft²

$359

Above Asking

0.00%

Average Days on Market

52

Average Home Size

2799 ft²

Average Home Age

15.7 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: John D Paulsen, Crye-Leike Coastal Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 565759
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 4591 Wood Wind Drive built and last sold?
The property at 4591 Wood Wind Drive was built in 1996 and last sold on Feb 16, 2012 for $315,000.
How much is this home worth?
The estimated value of the home located at 4591 Wood Wind Drive is $0.
What are some comparable homes to 4591 Wood Wind Drive?
There are currently no comparable homes to 4591 Wood Wind Drive.
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