See Home Value
Okaloosa 32539
5123 Colt Drive
$240,000
● House - Off Market

5123 Colt Drive

Crestview, FL 32539
bedrooms
3 Beds
bathrooms
2 Baths
$1,179
Est. Monthly
9.63%
Cap Rate

About This Property

Calling all hobbyists, tinkerers, and dreamers! Bring your toys-there's plenty of space to park them! Situated on a peaceful half-acre lot, this unique home offers not just a place to live but a space to play, create, store, and explore your passions!  Inside, you'll find a cozy home that's ready for your personal touch. Yes, the blue carpet and quirky light fixtures may have their own charm, but the real story is what's waiting outside. The property features 3 incredible outbuildings. A spacious 30'x24' detached fully insulated 2-car garage with plenty of room for your tools, toys, or DIY projects. A 2nd storage shed to keep everything organized and accessible & the 3rd is the private water well-house that adds a touch of practicality to rural living. The outdoor space is designed for enjoyment and inspiration: A covered hot tub for unwinding after a full day. Wired accent lighting and surround sound in and around the home, creating an inviting atmosphere after dark. A beautifully landscaped and manicured yard, ideal for outdoor gatherings or quiet reflection. Whether you're into woodworking, automotive projects, gardening, or simply need extra space to pursue your hobbies, this property offers the flexibility and function you've been looking for. Located on a quiet country road with easy access to HWY 90, 5123 Colt Dr combines tranquility and utility perfect for making your creative visions a reality. Schedule your showing today and see the potential for yourself!
Unit Size
-
Days on Market
41 days
Land Size
0.51 acres
Price per sqft
-
Property Type
House
Property Taxes
$49
HOA Dues
-
Year Built
2005

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (ECAR #967414)

Price History

Date / Event Date Event Price
Mar 13, 2025 Sold
Sold
Feb 7, 2025 In contract -
In contract
Jan 31, 2025 Listed by Levin Rinke Realty $230,000
Listed by Levin Rinke Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • 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: 19
  • 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: 252
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,999
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,625
  • Gross Building Area: 1,625
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLLEY GROVE SOUTH
  • Land Acres: 0000000505
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: HOLLEY GROVE SOUTH LOTS 17 THRU 20 & 29 THRU 32 BLK 1

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020306

Geography

  • Assessors Map Reference: MAP 9
  • Parcel: 13-3N-22-1172-0001-0170
  • Block: 1
  • Lot: 17-20
  • Meridian: SEC 13 TWN 03N RNG 22W
  • Municipality: COUNTY
  • Latitude: 30.7515
  • Longitude: -86.4082

    Address

  • Full Address: 5123 Colt Dr
  • Address - House Number: 5123
  • Address - Street Name: Colt
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Crestview
  • Carrier Code: R009
  • 4-Digit Zip Code: 5825
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,252
  • Tax Year: 2023
  • Tax Amount: $59,192
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1293
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 85
  • Final Value: 206,286
  • High Value: 232,959
  • Low Value: 179,613

    Market Valuation

  • Market Total Value: $156,497
  • Market Land Value: $13,463
  • Market Improvement Value: $143,034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,052

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Okaloosa


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 5123 Colt Drive built and last sold?
The property at 5123 Colt Drive was built in 2005 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5123 Colt Drive is $0.
What are some comparable homes to 5123 Colt Drive?
There are currently no comparable homes to 5123 Colt Drive.