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Okaloosa 32578 Caribbean Village East
520 Samana Way
$238,000
● House - Off Market

520 Samana Way

Niceville, FL 32578
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,840 Ft²
$450,838
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Location, Location, Location!. This 4 bedroom , 2 bath home sits on a large corner lot with fenced backyard and plenty of parking in Bluewater Bay.

This home has an open floor plan and split bedrooms. Master is on one side of the home and additional bedrooms are on the other. Bedrooms have large closets and are a good size. The large screened porch overlooks the back yard, perfect for summer evenings . Firepit and childrens play gym convey with the property. The sprinkler system and lawn pump convey ''As Is''.Refrigerator is negotiable. New Garage door and rails June 2014. Home is close to A+ schools, shopping, Eglin AFB and a short drive to Destin and the beaches!
Unit Size
1,840 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$132
Property Type
House
Property Taxes
$144
HOA Dues
-
Year Built
1982

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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 #704196)

Price History

Date / Event Date Event Price
Jul 31, 2014 Sold
Premium
Sold
Apr 26, 2014 Listed by Keller Williams Realty Nville $243,000
Listed by Keller Williams Realty Nville
Jun 14, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • 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: 9
  • 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: 462
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,094
  • Lot Size Frontage Feet: 770
  • Total Building Area: 2,690
  • Gross Building Area: 2,690
  • Building Area: 1,840
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARIBBEAN EAST
  • Land Acres: 0000000278
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: CARIBBEAN EAST UNIT 3 LOT 29 BLK F

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021001

Geography

  • Assessors Map Reference: 39
  • Parcel: 23-1S-22-4763-000F-0290
  • Block: F
  • Lot: 29
  • Meridian: SEC 23 TWN 01S RNG 22W
  • Municipality: NORTH BAY FIRE
  • Latitude: 30.479
  • Longitude: -86.4158

    Address

  • Full Address: 520 Samana Way
  • Legal Unit: 3
  • Address - House Number: 520
  • Address - Street Name: Samana
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Niceville
  • Carrier Code: R004
  • 4-Digit Zip Code: 4015
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,217
  • Tax Year: 2023
  • Tax Amount: $354,148
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 452,907
  • High Value: 540,549
  • Low Value: 365,266

    Market Valuation

  • Market Total Value: $302,526
  • Market Land Value: $88,263
  • Market Improvement Value: $214,263

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $302,526
  • Assessed Land Value: $88,263
  • Assessed Improvements Value: $214,263

    Sales

  • Current Sale Contract Date: Jul 30, 2014
  • Current Sale Recording Date: Jul 31, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2942184
  • Previous Sale Recording Date: Jun 14, 2013
  • Previous Sale Contract Date: Jun 13, 2013
  • Previous Sale Amount: $227,000
  • 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 Bluewater Bay

Stats & Trends

Median Asking:

$483,750

Sale Price/ft²

$259

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2104 ft²

Average Home Age

31.6 years

Currently For Sale

68 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: Mary C Livesey Coger, Keller Williams Realty Nville
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 704196
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 520 Samana Way built and last sold?
The property at 520 Samana Way was built in 1982 and last sold on Jul 30, 2014 for $238,000.
How much is this home worth?
The estimated value of the home located at 520 Samana Way is $0.
What are some comparable homes to 520 Samana Way?
There are currently no comparable homes to 520 Samana Way.
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