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Okaloosa
6329 Sherman Kennedy Road
$81,000
● Land - Off Market

6329 Sherman Kennedy Road

Baker, FL 32531
bedrooms
Studio
bathrooms
0 Bath
$393
Est. Monthly

About This Property

Barn/smokehose/Well/ power/ septic!! This incredible piece of 3.5 +/- Acres of  Homesite is an opportunity not to be missed! With breathtaking views of the surrounding fields and unforgettable sunsets, you'll be able to bask in the beauty of nature every day. The massive oaks on the property add to the charm and character of the land. The RV hookups, septic, and well are already in place, and Baker water is available, so you can start building right away. The location is unbeatable too, with easy access to Hwy 90 and a short drive to local beaches, entertainment, shopping centers, military bases, and more. Don't wait, bring your build plans today and make this land your own!
Unit Size
-
Days on Market
-
Land Size
3.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1987

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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 #946322)

Price History

Date / Event Date Event Price
Apr 25, 2024 Sold
Premium
Sold
Apr 3, 2024 Listed by RE/MAX Agency One $79,900
Listed by RE/MAX Agency One

Property Highlights

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 13
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 10
  • Interior Walls Type: 10
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • 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: 152,460
  • Total Building Area: 240
  • Gross Building Area: 240
  • Building Area: 240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 14
  • Heated Square Feet: 240
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THENCE SOUTH
  • Land Acres: 0000003500
  • Standard Land Use Code: 1006
  • County Land Use Code: 000200
  • State Land Use Code: 002
  • Mobile Home Indicator: T
  • Legal Description 1: COM SW COR NW1/4 E 1200 FT TO POB E 376 FT N 355 FT NW TO A POINT DUE NORTH OF POB THENCE

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020102

Geography

  • Assessors Map Reference: 9
  • Parcel: 24-4N-25-0000-0004-0010
  • Block: 4
  • Meridian: SEC 24 TWN 04N RNG 25W
  • Municipality: COUNTY
  • Latitude: 30.8352
  • Longitude: -86.7023

    Address

  • Full Address: 6329 Sherman Kennedy Rd
  • Address - House Number: 6329
  • Address - Street Name: Sherman Kennedy
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Baker
  • Carrier Code: R042
  • 4-Digit Zip Code: 8737
  • Zip Code: 32531

Valuation

    Tax

  • Total Area: 240
  • Tax Year: 2023
  • Tax Amount: $31,919
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1275
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 85
  • Final Value: 45,184
  • High Value: 50,948
  • Low Value: 39,420

    Market Valuation

  • Market Total Value: $22,362
  • Market Land Value: $17,082
  • Market Improvement Value: $5,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,362
  • Assessed Land Value: $17,082
  • Assessed Improvements Value: $5,280
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:

$372,500

Sale Price/ft²

$219

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1847 ft²

Average Home Age

28.9 years

Currently For Sale

2389 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: Your House Team, RE/MAX Agency One
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 946322
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 6329 Sherman Kennedy Road built and last sold?
The property at 6329 Sherman Kennedy Road was built in 1987 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 6329 Sherman Kennedy Road is $0.
What are some comparable homes to 6329 Sherman Kennedy Road?
There are currently no comparable homes to 6329 Sherman Kennedy Road.
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