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Destin 32541
613 BEACH Drive
$434,500
● House - Off Market

613 BEACH Drive

Destin, FL 32541
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,490 Ft²
$705,594
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

NEW BUILD! NEW PRICE!! 4BR/3BA & OFFICE HARDI PLANK/BRICK HOME! GREAT DESTIN LOCATION..walk to public boat launch, Mattie Kelly pier & walk trail. Near Destin Elem. & Beaches. KITCHEN: Granite, birch cabinets w/soft close dovetail drawers, stainless appliances, Walk in pantry. MASTER BATH/BR: Granite counters-dual sinks & Lg tiled shower w/seamless glass, HUGE W/I closet. 20'' Tile, trey ceilings. Driftwood plank tile (living, hall, kitchen, guest baths & Laundry), Outdoor shower, Lg. fenced yard, Guest Qtrs separated w/sliding Barn door, Rooms carpet. Covered back porch, ceiling fans, Hurricane Fabric panels, Pull down attic access, architectural shingles, crown, 11' trey ceiling in living, low-E vinyl Jeld-Wen windows, sprinkler system/sod. 1 Yr builder Warranty. Not in flood Zone. WOW!
Unit Size
2,490 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$177
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016

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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 #760876)

Price History

Date / Event Date Event Price
Jun 13, 2017 Sold
Premium
Sold
Sep 14, 2016 Listed by World Impact Real Estate $439,500
Listed by World Impact Real Estate
Apr 6, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,194
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,203
  • Gross Building Area: 3,203
  • Building Area: 2,448
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,448
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RESUB OF KELLYS ADD
  • Land Acres: 0000000257
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: RESUB OF KELLYS ADD TO DESTIN LOT 11 BLK 8

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023306

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-1360-0080-0110
  • Block: 8
  • Lot: 11
  • Municipality: DESTIN
  • Latitude: 30.4058
  • Longitude: -86.4901

    Address

  • Full Address: 613 Beach Dr
  • Address - House Number: 613
  • Address - Street Name: Beach
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Destin
  • Carrier Code: C012
  • 4-Digit Zip Code: 1715
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,790
  • Tax Year: 2023
  • Tax Amount: $624,076
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 726,189
  • High Value: 868,686
  • Low Value: 583,691

    Market Valuation

  • Market Total Value: $584,772
  • Market Land Value: $132,096
  • Market Improvement Value: $452,676

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $560,944

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 09, 2017
  • Current Sale Recording Date: Jun 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3140638
  • Previous Sale Recording Date: Apr 06, 2016
  • Previous Sale Contract Date: Mar 24, 2016
  • Previous Sale Amount: $100,000
  • 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 Destin

Stats & Trends

Median Asking:

$539,995

Sale Price/ft²

$369

Below Asking

0.03%

Average Days on Market

79

Average Home Size

1788 ft²

Average Home Age

31.2 years

Currently For Sale

747 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: Steve Bassham, World Impact Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 760876
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 613 Beach Drive built and last sold?
The property at 613 Beach Drive was built in 2016 and last sold on Jun 9, 2017 for $434,500.
How much is this home worth?
The estimated value of the home located at 613 Beach Drive is $490,423.
What are some comparable homes to 613 Beach Drive?
There are currently no comparable homes to 613 Beach Drive.
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