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Destin 32541
519 Beach Drive
$235,000
● House - Off Market

519 Beach Drive

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,875 Ft²
$420,914
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

**TAX RECORD EFFECTIVE AGE 1984**In the heart of West Destin, across the street from Joe's Bayou and a block from Destin Elementary School on a corner lot sits a lovely, upgraded, well maintained, move in ready home! Plenty of parking on either of the 2 driveways on Beach Dr. and Side entrance thru the double gate to the HUGE back yard from 5th. Enjoy BBQ's on the back deck and there is plenty of room for a pool!! The half bath was remodeled, Front door recently replaced, Hardwood floors, Remodeled kitchen. Inside laundry room leads to the back yard. Don't let the age of the home scare you off, this beauty won't last!!
Unit Size
1,875 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$125
Property Type
House
Property Taxes
$85
HOA Dues
-
Year Built
1954

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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 #725062)

Price History

Date / Event Date Event Price
May 18, 2015 Sold
Premium
Sold
Mar 12, 2015 Listed by Keller Williams Realty Destin $235,000
Listed by Keller Williams Realty Destin
Nov 10, 2011 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1984
  • 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: 23
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,079
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,596
  • Gross Building Area: 2,596
  • Building Area: 1,875
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 12
  • Heating: 4
  • Heated Square Feet: 1,875
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RESUB OF KELLYS ADD
  • Land Acres: 0000000254
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: RESUB OF KELLYS ADD TO DESTIN LOT 10 BLK 9

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023306

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-1360-0090-0100
  • Block: 9
  • Lot: 10
  • Municipality: DESTIN
  • Latitude: 30.4042
  • Longitude: -86.4904

    Address

  • Full Address: 519 Beach Dr
  • Address - House Number: 519
  • Address - Street Name: Beach
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Destin
  • Carrier Code: C012
  • 4-Digit Zip Code: 1713
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 1,912
  • Tax Year: 2023
  • Tax Amount: $196,270
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 475,522
  • High Value: 568,481
  • Low Value: 382,563

    Market Valuation

  • Market Total Value: $320,676
  • Market Land Value: $132,096
  • Market Improvement Value: $188,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,833

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2015
  • Current Sale Recording Date: May 18, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2997308
  • Previous Sale Recording Date: Nov 10, 2011
  • Previous Sale Contract Date: Sep 19, 2011
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 68
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 Destin

Stats & Trends

Median Asking:

$539,995

Sale Price/ft²

$369

Below Asking

0.03%

Average Days on Market

79

Average Home Size

1782 ft²

Average Home Age

31.2 years

Currently For Sale

749 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: Lisa R Snuggs, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 725062
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 519 Beach Drive built and last sold?
The property at 519 Beach Drive was built in 1954 and last sold on May 15, 2015 for $235,000.
How much is this home worth?
The estimated value of the home located at 519 Beach Drive is $267,567.
What are some comparable homes to 519 Beach Drive?
There are currently no comparable homes to 519 Beach Drive.
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