For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Okaloosa 32539 Oakdale
5541 Royal Street
$205,000
● House - Off Market

5541 Royal Street

Crestview, FL 32539
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,902 Ft²
$828,280
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

Bank owned with 65 adjoining acres, house is located on Rainbow lake, selling property as is, make offer,This home is beautifully decorated and has an excellent floorplan with downstairs master bedroom and storage galore. Master bath has double vanities, enclosed toilet, a whirlpool tub and an oversized walk-in shower with a corner bench. The kitchen has a center island with the gas stove top in it, a built in space above the oven for a microwave and a appliance garage. Most windows downstairs have blinds. The laundry room is huge and has a second set of stairs leading up to a bonus room/4th bedroom. Side entry garage at the end of the drive which is the back of the house. Bonus room above garage could be a fourth bedroom, play area for the children
Unit Size
2,902 Ft²
Days on Market
-
Land Size
65.01 acres
Price per sqft
$153
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1995

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (ECAR MLS #705895)

Price History

Date / Event Date Event Price
Sep 9, 2014 Sold
Premium
Sold
May 27, 2014 Sold
Premium
Sold
May 20, 2014 Listed by NBI Properties Inc $445,000
Listed by NBI Properties Inc

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 21
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 616
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 334,976
  • Total Building Area: 3,728
  • Gross Building Area: 3,728
  • Building Area: 2,902
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,902
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKDALE MIN/FARMS
  • Land Acres: 0000007690
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: OAKDALE MIN/FARMS LOTS 1 & 2 BLK 19 & 60 FT N OF LOT 1

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020400

Geography

  • Assessors Map Reference: 15A
  • Parcel: 04-3N-23-1840-0019-0010
  • Block: 19,60
  • Lot: 1,2
  • Meridian: SEC 04 TWN 03N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.7757
  • Longitude: -86.544

    Address

  • Full Address: 5541 Royal St
  • Address - House Number: 5541
  • Address - Street Name: Royal
  • Address - Suffix Type: St
  • State: FL
  • City Name: Crestview
  • Carrier Code: R005
  • 4-Digit Zip Code: 8594
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 3,304
  • Tax Year: 2023
  • Tax Amount: $187,624
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1678
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 461,457
  • High Value: 538,920
  • Low Value: 383,994

    Market Valuation

  • Market Total Value: $392,978
  • Market Land Value: $61,474
  • Market Improvement Value: $331,504

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,368

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 05, 2014
  • Current Sale Recording Date: Sep 09, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2950003
  • Previous Sale Recording Date: May 27, 2014
  • Previous Sale Contract Date: May 07, 2014
  • Previous Sale Amount: $937,812
  • Previous Sale Document Type: 30
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 Oakdale

Stats & Trends

Median Asking:

$234,900

Sale Price/ft²

$168

Below Asking

0.06%

Average Days on Market

149

Average Home Size

1399 ft²

Average Home Age

1.8 years

Currently For Sale

12 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

Click here to view more rentals in the neighborhood.
ECAR

Listed by: Craig S Barrett, NBI Properties Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 705895
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 5541 Royal Street built and last sold?
The property at 5541 Royal Street was built in 1995 and last sold on Sep 5, 2014 for $205,000.
How much is this home worth?
The estimated value of the home located at 5541 Royal Street is $490,221.
What are some comparable homes to 5541 Royal Street?
There are currently no comparable homes to 5541 Royal Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Crestview Homes for Sale
Crestview Houses for Sale
Crestview Townhouses for Sale
Crestview Land for Sale
Crestview Commercial for Sale
Crestview Homes with Basements
Crestview Homes with Pools
Crestview Homes with Parking
Nearby Cities
Wright Homes for Sale
Freeport Homes for Sale
Niceville Homes for Sale
Holley Homes for Sale
Valparaiso Homes for Sale
Shalimar Homes for Sale
Florala Homes for Sale
Laurel Hill Homes for Sale
Nearby Property Records
Okaloosa County, FL Property Records
Walton County, FL Property Records
Santa Rosa County, FL Property Records
Covington County, AL Property Records
Holmes County, FL Property Records
Escambia County, AL Property Records
Escambia County, FL Property Records
Washington County, FL Property Records
Neighborhoods
Port Dixie Real Estate
Kenwod Real Estate
Valparaiso Real Estate
Rocky Bayou Real Estate
Countryview Estates Real Estate
Shalimar Real Estate
Parkwood Real Estate
Fox Valley Real Estate
Nearby Counties
Niceville-Valparaiso Homes for Sale
DeFuniak Springs Homes for Sale
Paxton-Darlington Homes for Sale
Baker Homes for Sale
Laurel Hill Homes for Sale
Munson Homes for Sale
Harold Homes for Sale
Eglin AFB Homes for Sale
Top Real Estate Agents
Top Agents in Oakdale
Top Agents in Crestview
Top Agents in 32566
Top Agents in Niceville-Valparaiso
Top Agents in 32539
Top Agents in 32578
Top Agents in 32439
Top Agents in 32547