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Destin 32541 Sunsail
4658 Sunsail Circle
$260,000
● House - Off Market

4658 Sunsail Circle

Destin, FL 32541
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,950 Ft²
$489,913
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Short Sale. Sunsail is one of the best beach neighborhoods in Destin Florida, south of 98. Walk to beach only a few blocks away! This Sunsail home shines with its open floor plan, Pergo wood laminate floors and bright tile throughout. The light kitchen has a long, angled breakfast bar plus a center island. There is formal dining and a living room with fireplace, cathedral ceiling and plant ledge. The master bedroom is large and separate from the rest of the home. Master bath has double vanities, two closets. Back yard fenced and private. Sunsail has a lovely community pool. You'll enjoy the location of this home near Destin Commons, the beach, Mid-Bay Bridge access, multiple restaurants, movies and a wide variety of shopping and entertainment!
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$139
Property Type
House
Property Taxes
$145
HOA Dues
$132
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 #714061)

Price History

Date / Event Date Event Price
Apr 27, 2015 Sold
Premium
Sold
Sep 10, 2014 Listed by Rulnick Realty Inc $271,000
Listed by Rulnick Realty Inc

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 7
  • 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: 420
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,221
  • Total Building Area: 2,602
  • Gross Building Area: 2,602
  • Building Area: 1,950
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,950
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNSAIL S/D
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SUNSAIL S/D LOT 45

Neighborhood

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

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-0385-0000-0450
  • Lot: 45
  • Municipality: DESTIN
  • Latitude: 30.3852
  • Longitude: -86.4106

    Address

  • Full Address: 4658 Sunsail Cir
  • Address - House Number: 4658
  • Address - Street Name: Sunsail
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Destin
  • Carrier Code: C018
  • 4-Digit Zip Code: 4756
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,194
  • Tax Year: 2023
  • Tax Amount: $445,580
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1957
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 659,816
  • High Value: 788,946
  • Low Value: 530,687

    Market Valuation

  • Market Total Value: $409,965
  • Market Land Value: $130,902
  • Market Improvement Value: $279,063

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $409,965
  • Assessed Land Value: $130,902
  • Assessed Improvements Value: $279,063

    Sales

  • Current Sale Contract Date: Apr 24, 2015
  • Current Sale Recording Date: Apr 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2992839
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

1845 ft²

Average Home Age

26.3 years

Currently For Sale

4 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: Wendy Rulnick Hinzman, Rulnick Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 714061
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 4658 Sunsail Circle built and last sold?
The property at 4658 Sunsail Circle was built in 1997 and last sold on Apr 24, 2015 for $260,000.
How much is this home worth?
The estimated value of the home located at 4658 Sunsail Circle is $0.
What are some comparable homes to 4658 Sunsail Circle?
There are currently no comparable homes to 4658 Sunsail Circle.
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