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Okaloosa 32536
5710 Seminole Drive
$145,000
● Land - Off Market

5710 Seminole Drive

Crestview, FL 32536
bedrooms
Studio
bathrooms
0 Bath
$788
Est. Monthly

About This Property

Escape to your own slice of paradise with this serene waterfront land lot overlooking Lake Roberts. Ready for your dream home (manufactured homes ARE allowed), or getaway cabin, or something new and fun like a container home?! LOOK NO FURTHER! Nestled in a peaceful setting, this property offers not just stunning natural beauty but also the convenience of modern utilities - ELECTRIC, WATER, AND SEPTIC TANK -  already in place, as well as NATURAL GAS available at the road. This property has been partially cleared with a circle drive already available to you as well as a semi-cleared walking path to the lake. Walk down to the lake and enjoy the views on the dock that it shared with the adjoining property. COME CHECK IT OUT TODAY!
Unit Size
-
Days on Market
-
Land Size
2.77 acres
Price per sqft
-
Property Type
Land
Property Taxes
$51
HOA Dues
-
Year Built
1982

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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: 2 years ago (ECAR MLS #950610)

Price History

Date / Event Date Event Price
Jul 18, 2024 Sold
Premium
Sold
May 23, 2024 Listed by The Property Group 850 Inc $150,000
Listed by The Property Group 850 Inc
Feb 23, 2023 Sold
Premium
Sold
Sep 21, 2004 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 3
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • 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: 120,608
  • Total Building Area: 1,440
  • Gross Building Area: 1,568
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: KENNEDY LAKES 05-A
  • Land Acres: 0000002769
  • Standard Land Use Code: 8000
  • County Land Use Code: 000200
  • State Land Use Code: 002
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 4 TRACT 5-A AS OR

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020500

Geography

  • Assessors Map Reference: 14A
  • Subdivision Tract Number: 5-A
  • Parcel: 01-3N-24-0000-0001-0650
  • Block: 1
  • Lot: 4
  • Meridian: SEC 01 TWN 03N RNG 24W
  • Municipality: COUNTY
  • Latitude: 30.7931
  • Longitude: -86.6007

    Address

  • Full Address: 5710 Seminole Dr
  • Address - House Number: 5710
  • Address - Street Name: Seminole
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Crestview
  • Carrier Code: R002
  • 4-Digit Zip Code: 9548
  • Zip Code: 32536

Valuation

    Tax

  • Total Area: 1,472
  • Tax Year: 2023
  • Tax Amount: $60,870
  • Tax Rate Code Area: 001

    Market Valuation

  • Market Total Value: $61,708
  • Market Land Value: $61,708

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,708
  • Assessed Land Value: $61,708

    Sales

  • Current Sale Contract Date: Feb 16, 2023
  • Current Sale Recording Date: Feb 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3607819
  • Previous Sale Recording Date: Sep 21, 2004
  • Previous Sale Contract Date: Aug 26, 2004
  • Previous Sale Amount: $63,400
  • 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 Okaloosa

Stats & Trends

Median Asking:

$374,800

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1849 ft²

Average Home Age

28.9 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

Rentals Near You

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ECAR

Listed by: Amber R Kolarick, The Property Group 850 Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 950610
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 5710 Seminole Drive built and last sold?
The property at 5710 Seminole Drive was built in 1982 and last sold on Feb 16, 2023 for $136,000.
How much is this home worth?
The estimated value of the home located at 5710 Seminole Drive is $0.
What are some comparable homes to 5710 Seminole Drive?
There are currently no comparable homes to 5710 Seminole Drive.
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