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Molino 32577 Jacobi
622 AYER Street
$136,000
● House - Off Market

622 AYER Street

Molino, FL 32577
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,568 Ft²
$663
Est. Monthly

About This Property

INVESTOR SPECIAL 4 Bed / 1 Bath brick home on a large lot offering endless potential. Property is in need of repairs and must be bank approved. This is a great opportunity for seasoned investors looking for their next project. PLEASE READ BEFORE REQUESTING SHOWING OR SUBMITTING OFFER: Short Sale being professionally processed by Universal Short Sales, LLC. Buyer is responsible for a $10,000 Short Sale Processing Fee paid at closing. Property is sold AS-IS.
Unit Size
1,568 Ft²
Days on Market
100 days
Land Size
0.87 acres
Price per sqft
$86
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 9 months ago (Real MLS #2117406)

Price History

Date / Event Date Event Price
Feb 19, 2026 Sold
Premium
Sold
Sep 25, 2025 Listed by LOKATION $135,000
Listed by LOKATION
Dec 10, 2022 No longer available -
No longer available
Dec 8, 2022 Sold
Premium
Sold
Oct 19, 2022 Price Decreased $239,900
↓ $20K (7.7%)
Price Decreased
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,897
  • Total Building Area: 1,992
  • Gross Building Area: 1,992
  • Building Area: 1,508
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,508
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JACOBI PLAT
  • Land Acres: 0000000870
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • State Land Use Code: 001
  • Legal Description 1: LTS 4 9 10 11 & 12 BLK S JACOBI S/D PLAT 67 P 26 OR 8350 P 1420 ALSO ADJ 1/2 VAC ALLEY OR 4792 P 1249

Neighborhood

  • School District Name: Escambia County School District
  • Census Tract: 003900

Zoning

  • Zoning: RMU

Geography

  • Assessors Map Reference: 40-2N-31
  • Account Number: 120917500
  • Parcel: 40-2N-31-2000-011-019
  • Block: S
  • Lot: 4
  • Meridian: SEC 40 TWN 02N RNG 31W
  • Municipality: ESCAMBIA COUNTY
  • Latitude: 30.7245
  • Longitude: -87.3206

    Address

  • Full Address: 622 Ayers St
  • Address - House Number: 622
  • Address - Street Name: Ayers
  • Address - Suffix Type: St
  • State: FL
  • City Name: Molino
  • Carrier Code: R003
  • 4-Digit Zip Code: 4524
  • Zip Code: 32577

Valuation

    Tax

  • Total Area: 1,508
  • Tax Year: 2022
  • Tax Amount: $171,209
  • Tax Rate Code Area: MSTU

    Appraisal Valuation

  • Standard Deviation: 0.2407
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 238,477
  • High Value: 295,881
  • Low Value: 181,072

    Market Valuation

  • Market Total Value: $127,824
  • Market Land Value: $7,025
  • Market Improvement Value: $120,799

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $127,824
  • Assessed Land Value: $7,025
  • Assessed Improvements Value: $120,799

    Sales

  • Current Sale Contract Date: Dec 08, 2022
  • Current Sale Recording Date: Dec 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 117649
  • Previous Sale Recording Date: Aug 17, 2020
  • Previous Sale Contract Date: Aug 14, 2020
  • Previous Sale Amount: $45,000
  • 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 Jacobi

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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Real MLS

Listed by: MATT DANIELL, LOKATION
Last Updated: 9 months ago
Data Source: Real MLS, MLS# 2117406
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. Data is deemed reliable but is not guaranteed accurate by NEFMLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 622 Ayer Street built and last sold?
The property at 622 Ayer Street was built in 1966 and last sold on Dec 8, 2022 for $234,900.
How much is this home worth?
The estimated value of the home located at 622 Ayer Street is $0.
What are some comparable homes to 622 Ayer Street?
There are currently no comparable homes to 622 Ayer Street.
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