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Okaloosa 32569 Sandy Ridge Estates
483 Sandy Ridge Circle
$319,900
● House - Off Market

483 Sandy Ridge Circle

Mary Esther, FL 32569
bedrooms
3 Beds
bathrooms
2 Baths
$1,809
Est. Monthly
6.05%
Cap Rate

About This Property

Step into this beautifully remodeled 3-bedroom, 2-bath ranch-style home, offering 1,440 sq ft of living space. This stunning property features an open floor plan with abundant natural light, perfect for comfortable living and entertaining. Located just minutes from Hurlburt Air Force Base and the white sandy beaches of Okaloosa Island and Navarre Beach, this home offers both convenience and a touch of paradise. Recent renovations include a siding and interior paint, along with fresh wood-style vinyl laminate flooring throughout the living room, hallway, laundry room, and all bedrooms. The kitchen and bathrooms are enhanced with ceramic tile, new light fixtures, and updated vanities,
Unit Size
-
Days on Market
95 days
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1992

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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 #975338)

Price History

Date / Event Date Event Price
Aug 4, 2025 Sold
Premium
Sold
May 24, 2025 In contract -
In contract
May 1, 2025 Listed by ERA American Real Estate $319,900
Listed by ERA American Real Estate
May 19, 2022 Sold
Premium
Sold
Apr 14, 2022 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • 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: 460
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,625
  • Total Building Area: 2,020
  • Gross Building Area: 2,020
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SANDY RIDGE EST
  • Land Acres: 0000000129
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SANDY RIDGE EST LOT 7 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023100

Geography

  • Assessors Map Reference: 49
  • Parcel: 16-2S-25-212B-000A-0070
  • Block: A
  • Lot: 7
  • Meridian: SEC 16 TWN 02S RNG 25W
  • Municipality: FLOROSA FIRE (SW)
  • Latitude: 30.4099
  • Longitude: -86.761

    Address

  • Full Address: 483 Sandy Ridge Cir
  • Address - House Number: 483
  • Address - Street Name: Sandy Ridge
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Mary Esther
  • Carrier Code: R005
  • 4-Digit Zip Code: 2113
  • Zip Code: 32569

Valuation

    Tax

  • Total Area: 1,729
  • Tax Year: 2023
  • Tax Amount: $258,959
  • Tax Rate Code Area: 021

    Appraisal Valuation

  • Standard Deviation: 0.4674
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 6
  • Final Value: 228,749
  • High Value: 335,680
  • Low Value: 121,817

    Market Valuation

  • Market Total Value: $211,737
  • Market Land Value: $51,104
  • Market Improvement Value: $160,633

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $211,737
  • Assessed Land Value: $51,104
  • Assessed Improvements Value: $160,633

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3551514
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 Sandy Ridge Estates

Stats & Trends

Median Asking:

$329,200

Sale Price/ft²

$227

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1236 ft²

Average Home Age

32.5 years

Currently For Sale

0 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: Marisela F Molnar, ERA American Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 975338
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 483 Sandy Ridge Circle built and last sold?
The property at 483 Sandy Ridge Circle was built in 1992 and last sold on May 6, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 483 Sandy Ridge Circle is $323,099.
What are some comparable homes to 483 Sandy Ridge Circle?
There are currently no comparable homes to 483 Sandy Ridge Circle.
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