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Destin 32541 Destiny by the Sea
4743 Ocean Boulevard
$900,000
● House - Off Market

4743 Ocean Boulevard

Destin, FL 32541
bedrooms
5 Beds
bathrooms
7 Baths, 2 Half Baths
square feet
3,534 Ft²
$1,636,556
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Home needs work. Buyer to verify all pertinent information including square footage and lot dimensions. Property to be sold as is.
Unit Size
3,534 Ft²
Days on Market
-
Land Size
-
Price per sqft
$269
Property Type
House
Property Taxes
-
HOA Dues
$1,088
Year Built
2000

Payment Calculator

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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 #742218)

Price History

Date / Event Date Event Price
Apr 14, 2016 Sold
Premium
Sold
Nov 23, 2015 Listed by Stars Realty $950,000
Listed by Stars Realty
Dec 27, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 4,479
  • Lot Size Frontage Feet: 400
  • Total Building Area: 4,598
  • Gross Building Area: 4,598
  • Building Area: 3,534
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,534
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DESTINY BY THE SEA S/D
  • Land Acres: 0000000103
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: DESTINY BY THE SEA S/D LOT 36

Neighborhood

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

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-0075-0000-0360
  • Lot: 36
  • Municipality: DESTIN
  • Latitude: 30.3804
  • Longitude: -86.4033

    Address

  • Full Address: 4743 Ocean Blvd
  • Address - House Number: 4743
  • Address - Street Name: Ocean
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Destin
  • Carrier Code: C018
  • 4-Digit Zip Code: 5702
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 3,946
  • Tax Year: 2023
  • Tax Amount: $2,014,631
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.2457
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 65
  • Final Value: 1,772,980
  • High Value: 2,208,771
  • Low Value: 1,337,189

    Market Valuation

  • Market Total Value: $1,828,223
  • Market Land Value: $1,044,085
  • Market Improvement Value: $784,138

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,828,223
  • Assessed Land Value: $1,044,085
  • Assessed Improvements Value: $784,138

    Sales

  • Current Sale Contract Date: Apr 11, 2016
  • Current Sale Recording Date: Apr 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3060097
  • Previous Sale Recording Date: Dec 27, 2004
  • Previous Sale Contract Date: Dec 17, 2004
  • Previous Sale Amount: $2,600,000
  • 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 Destiny by the Sea

Stats & Trends

Median Asking:

$2,375,000

Sale Price/ft²

$696

Below Asking

0.02%

Average Days on Market

94

Average Home Size

3441 ft²

Average Home Age

18.1 years

Currently For Sale

7 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: Wesley O Van Eaton, Stars Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 742218
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 4743 Ocean Boulevard built and last sold?
The property at 4743 Ocean Boulevard was built in 2000 and last sold on Apr 11, 2016 for $900,000.
How much is this home worth?
The estimated value of the home located at 4743 Ocean Boulevard is $956,558.
What are some comparable homes to 4743 Ocean Boulevard?
There are currently no comparable homes to 4743 Ocean Boulevard.
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