$1,190,000
●
House -
Off Market
56 VENICE Circle
Santa Rosa Beach, FL 32459
3 Beds
4 Baths,
1
Half Bath
1,812 Ft²
$2,323,586
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model
About This Property
This house incorporates all the charm of a traditional Florida
beach cottage, with the modern conveniences you would expect in a
new home. Open floor plan on the first floor integrates
Living/Dining/Kitchen spaces along with screened porch, laundry,
and half bath with enclosed outdoor shower. Second level has master
suite with large attached bath, guest bedroom and bunk room (4)
sharing a large bath. Spiral stairs leads to tower room with three
built in singles/sofa beds and porch with town views. Ladder to top
deck for stargazing or sunning with gulf views. Custom cabinets and
built-ins throughout, granite and marble counters, top of the line
stainless appliances, tankless water heater, Brazilian cherry
floors, and outdoor storage for bikes and beach gear are all
benefits. House built
Unit Size
1,812 Ft²
Days on Market
-
Land Size
-
Price per sqft
$687
Property Type
House
Property Taxes
-
HOA Dues
$3,850
Year Built
2005
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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: 2 years ago (ECAR MLS #718657)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2020 | Sold | ||
| Sold | |||
| Jun 26, 2019 | No longer available | - | |
| No longer available | |||
| May 23, 2019 | Price Decreased |
$1,499,000
↓ $26K
(1.7%) | |
| Price Decreased | |||
| May 21, 2019 | Price Decreased |
$1,525,000
↓ $70K
(4.4%) | |
| Price Decreased | |||
| Mar 7, 2019 | Listed | $1,595,000 | |
| Listed | |||
| | |||
|
Situated on the HISTORIC SIDE OF SEASIDE steps to the town square, playground, fitness center and 2 pools you will find the ''COAST IS CLEAR''. This home features 3 BEDROOMS, 3.5 BATHS plus SLEEPING TOWER and ROOF TOP LOUNGE and has been recently REMODELED and decorated to showcase everything that Seaside is all about. The FIRST FLOOR features a modern kitchen w/ quartz counters, stainless appliances, island workspace + bar area w/ wine frig. The dining includes a large table w/ wrap around banquet which can accommodate the entire family. The spacious living area has a cozy gas fireplace and tons of seating plus it opens out to the screened front porch which becomes a beautiful extension of the living space. The manager has listed the unit size as 1852 square feet.
| |||
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Walton
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Listed by: Jacqueline J Barker, Seaside Community Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 718657
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 718657
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