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Okaloosa 32539
5302 Kervin Road
$229,900
● House - Off Market

5302 Kervin Road

Crestview, FL 32539
bedrooms
3 Beds
bathrooms
2 Baths
$1,129
Est. Monthly

About This Property

BEST VALUE FOR YOU TODAY! Step into Better than new living with this 2022 beauty! Why wait to build when this one checks every box, and then some! Bonus $5,000 to buyers closing costs! Featuring a bright, open concept island kitchen perfect for morning coffee or late night snacks! Beautiful vinyl flooring is both stylish and easy to clean (because life happens). The spacious master suite gives you plenty of room to unwind, and the huge backyard is ready to anything, pets, parties, or even parking your toys thanks to the large vehicle access gate and brand new fence all around.
Unit Size
-
Days on Market
49 days
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2022

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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 #988066)

Price History

Date / Event Date Event Price
Dec 10, 2025 Sold
Premium
Sold
Nov 15, 2025 In contract -
In contract
Nov 10, 2025 Price Decreased $229,900
↓ $5K (2.1%)
Price Decreased
Oct 22, 2025 Listed by Coldwell Banker Realty $234,900
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 13
  • 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: 92,185
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 8,000
  • Total Building Area: 1,590
  • Gross Building Area: 1,590
  • Building Area: 1,223
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,223
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLLEY GROVE SOUTH
  • Land Acres: 0000002116
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • Legal Description 1: HOLLEY GROVE SOUTH LOTS 24, 25 & 26 BLK 15

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020305

Geography

  • Parcel: 13-3N-22-1172-0015-0240
  • Block: 15
  • Municipality: COUNTY
  • Latitude: 30.7584
  • Longitude: -86.4063

    Address

  • Full Address: 5302 Kervin Rd
  • Address - House Number: 5302
  • Address - Street Name: Kervin
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Crestview
  • Carrier Code: R009
  • 4-Digit Zip Code: 8702
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,407
  • Tax Year: 2023
  • Tax Amount: $209,836
  • Initial Tax Delinquent Year: 2022

    Market Valuation

  • Market Total Value: $206,700
  • Market Land Value: $5,048
  • Market Improvement Value: $201,652

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,700
  • Assessed Land Value: $5,048
  • Assessed Improvements Value: $201,652
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:

$372,900

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1849 ft²

Average Home Age

28.8 years

Currently For Sale

2384 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: Dino Sinopoli, Coldwell Banker Realty
Last Updated: 11 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 988066
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 5302 Kervin Road built and last sold?
The property at 5302 Kervin Road was built in 2022 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5302 Kervin Road is $0.
What are some comparable homes to 5302 Kervin Road?
There are currently no comparable homes to 5302 Kervin Road.
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