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Destin 32541 Sunsail
4623 WINDSTARR Drive
$265,000
● House - Off Market

4623 WINDSTARR Drive

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,556 Ft²
$487,563
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

ALL BRICK home on the South side of Hwy 98 offers a spacious SPLIT FLOOR PLAN, a LARGE BACKYARD offering PRIVACY and a fantastic SCREENED IN PATIO that is perfect for enjoying your morning coffee. Sunsail is conveniently and CENTRALLY LOCATED to shopping & dining options and is walking distance to the Gulf of Mexico! and just 1/4 mile to Destin Commons. This home is an ideal primary residence or a terrific second home away from home. ALL LISTING DETAILS TO BE VERIFIED BY THE BUYER
Unit Size
1,556 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$173
Property Type
House
Property Taxes
$132
HOA Dues
$264
Year Built
1997

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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 #725085)

Price History

Date / Event Date Event Price
Jul 3, 2017 Sold
Premium
Sold
Apr 28, 2015 Sold
Premium
Sold
Mar 13, 2015 Listed by World Impact Real Estate $269,700
Listed by World Impact Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,407
  • Total Building Area: 2,261
  • Gross Building Area: 2,261
  • Building Area: 1,556
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,556
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNSAIL S/D
  • Land Acres: 0000000147
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SUNSAIL S/D LOT 4

Neighborhood

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

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-0385-0000-0040
  • Lot: 4
  • Municipality: DESTIN
  • Latitude: 30.3866
  • Longitude: -86.4132

    Address

  • Full Address: 4623 Windstarr Dr
  • Address - House Number: 4623
  • Address - Street Name: Windstarr
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Destin
  • Carrier Code: C018
  • 4-Digit Zip Code: 4767
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 1,938
  • Tax Year: 2023
  • Tax Amount: $255,606
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1957
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 602,905
  • High Value: 720,897
  • Low Value: 484,914

    Market Valuation

  • Market Total Value: $386,548
  • Market Land Value: $130,902
  • Market Improvement Value: $255,646

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $252,503

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2017
  • Current Sale Recording Date: Jul 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3145053
  • Previous Sale Recording Date: Apr 28, 2015
  • Previous Sale Contract Date: Apr 24, 2015
  • Previous Sale Amount: $265,000
  • 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 Sunsail

Stats & Trends

Median Asking:

$595,000

Sale Price/ft²

$309

Below Asking

0.03%

Average Days on Market

117

Average Home Size

1820 ft²

Average Home Age

26 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: Rodney K Elkins, World Impact Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 725085
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 4623 Windstarr Drive built and last sold?
The property at 4623 Windstarr Drive was built in 1997 and last sold on Jun 30, 2017 for $296,000.
How much is this home worth?
The estimated value of the home located at 4623 Windstarr Drive is $285,805.
What are some comparable homes to 4623 Windstarr Drive?
There are currently no comparable homes to 4623 Windstarr Drive.
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