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Okaloosa
5204 Chestnut Street
$20,000
● Land - Off Market

5204 Chestnut Street

Baker, FL 32531
bedrooms
Studio
bathrooms
0 Bath
$148
Est. Monthly

About This Property

Conveniently located just 387 feet from Highway 4 in Baker! This property features utility access including power, water, and natural gas. This lot is being sold AS IS. Great opportunity to own land at this low price! Drive by and check out the proximity to Hwy 4.
Unit Size
-
Days on Market
16 days
Land Size
0.49 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 11 months ago (ECAR #981435)

Price History

Date / Event Date Event Price
Aug 7, 2025 Sold
Premium
Sold
Aug 6, 2025 In contract -
In contract
Jul 21, 2025 Listed by Spence Properties $30,000
Listed by Spence Properties

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,056
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 896
  • Building Area: 756
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 756
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000208
  • Standard Land Use Code: 8000
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: BEG 119 FT E OF SW COR SEC E 100 FT N 125 FT W 100 FT S 125 FT TO BEG

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020101

Geography

  • Assessors Map Reference: 14A
  • Parcel: 15-3N-24-0000-0081-0000
  • Block: 81
  • Meridian: SEC 15 TWN 03N RNG 24W
  • Municipality: COUNTY
  • Latitude: 30.7525
  • Longitude: -86.6425

    Address

  • Full Address: 5204 Chestnut St
  • Address - House Number: 5204
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: FL
  • City Name: Baker
  • Carrier Code: R045
  • 4-Digit Zip Code: 9342
  • Zip Code: 32531

Valuation

    Tax

  • Total Area: 792
  • Tax Year: 2023
  • Tax Amount: $18,788
  • Tax Rate Code Area: 001

    Market Valuation

  • Market Total Value: $8,267
  • Market Land Value: $8,267

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,267
  • Assessed Land Value: $8,267
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 Okaloosa

Stats & Trends

Median Asking:

$371,900

Sale Price/ft²

$219

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1851 ft²

Average Home Age

29 years

Currently For Sale

2380 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: Ruth V Salazar, Spence Properties
Last Updated: 11 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 981435
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 5204 Chestnut Street built and last sold?
The property at 5204 Chestnut Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5204 Chestnut Street is $0.
What are some comparable homes to 5204 Chestnut Street?
There are currently no comparable homes to 5204 Chestnut Street.
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