45
Map
$349,900
●
House -
In Contract
640 Cornwall Terrace
Mary Esther, FL 32569
3 Beds
2 Baths
1,300 Ft²
$1,796
Est. Monthly
About This Property
640 Cornwall Terrace went away for a little work and came back
completely unrecognizable.
And by ''a little work,'' we mean the real estate equivalent of a facelift, tummy tuck, new teeth, fresh wardrobe, and a very expensive trip to the salon.
This Azalea Park home got THE WORKS. New roof? Yep. Electrical? Handled. New exterior siding? Absolutely. Kitchen? Completely redone. Bathrooms? New. Appliances? New. And the makeover list keeps going.
This was not a ''paint it Agreeable Gray and call it renovated'' situation. This home got a legitimate head to toe transformation, and she is feeling herself.
The location understood the assignment too. Azalea Park has a neighborhood playground, and you are just minutes from Target, Aldi, Publix, and Lisa Jackson Park. Target being nearby is either a selling feature or a financial liability depending on your level of self control, but we are choosing to call it a selling feature.
The best part? Everything feels fresh, current, and ready for someone to walk in, drop their keys on the counter, and immediately start figuring out where the Christmas tree goes.
640 Cornwall Terrace is officially back outside, looking better than ever and accepting admirers.
But just like any good glow up, she probably won't stay available long.
And by ''a little work,'' we mean the real estate equivalent of a facelift, tummy tuck, new teeth, fresh wardrobe, and a very expensive trip to the salon.
This Azalea Park home got THE WORKS. New roof? Yep. Electrical? Handled. New exterior siding? Absolutely. Kitchen? Completely redone. Bathrooms? New. Appliances? New. And the makeover list keeps going.
This was not a ''paint it Agreeable Gray and call it renovated'' situation. This home got a legitimate head to toe transformation, and she is feeling herself.
The location understood the assignment too. Azalea Park has a neighborhood playground, and you are just minutes from Target, Aldi, Publix, and Lisa Jackson Park. Target being nearby is either a selling feature or a financial liability depending on your level of self control, but we are choosing to call it a selling feature.
The best part? Everything feels fresh, current, and ready for someone to walk in, drop their keys on the counter, and immediately start figuring out where the Christmas tree goes.
640 Cornwall Terrace is officially back outside, looking better than ever and accepting admirers.
But just like any good glow up, she probably won't stay available long.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$269
Property Type
House
Property Taxes
$77
HOA Dues
-
Year Built
1964
Listed By
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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: 6 days ago (ECAR #1011987)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Sep 15, 2026 | Listed by ERA American Real Estate | $349,900 | |
| Listed by ERA American Real Estate | |||
| Jun 12, 2026 | Sold | ||
| Sold | |||
| May 28, 2026 | Listed by Keller Williams Realty FWB | $185,000 | |
| Listed by Keller Williams Realty FWB | |||
   | |||
|
Investor special with strong upside potential! This 3-bedroom, 2-bath concrete block home offers approximately 1,102 sq ft and sits on city water and sewer. Features include original terrazzo flooring throughout (partially covered by tile), plaster walls and ceilings, original kitchen and baths, and a fenced backyard.
The home retains much of its original condition, making it an ideal renovation project for flippers, investors, or cash buyers looking to add value. Solid structure and desirable layout provide an excellent foundation for updates and modernization.
| |||
| Dec 19, 2013 | Sold | ||
| Sold | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Carport
Parking Features: Carport, Carport, Covered
Interior Details
Full Bathrooms: 2
Interior Features: Pantry, Lighting Recessed, Newly Painted, Split Bedroom, Washer/Dryer Hookup
Appliances: Dishwasher, Microwave, Refrigerator, Water Heater, Stove/Oven Electric
Flooring Type: Vinyl, Floor Tile
Rooms: 8
Exterior Details
Square Footage: 1300
Property Condition: Renovated, Construction Complete
Architectural Style: Ranch
Year Built: 1964
Building Area Total: 1300
Window Features: Window Treatment All
Construction Materials: Concrete, Block, Stucco, Trim Vinyl
Lot Features: Interior, Survey Available, Within 1/2 Mile to Water
Lot Size Area: 0.18
Lot Size Units: Acres
Lot Size Acres: 0.18
Lot Size Square Feet: 7840.8
Lot Size Dimensions: 80x100
Water Source: Public
Financial Details
Tax Annual Amount: $927
Utilities Details
Cooling Type: Wall/Window Unit(s), Central Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Sold On
HOA + Taxes
About Bryn Mawr Park
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Listed by: Nikki Segraves Wood, ERA American Real Estate
Last Updated: 6 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1011987
Last Updated: 6 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1011987
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.
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