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Okaloosa 32536
6453 Welannee Boulevard
$657,000
● House - Off Market

6453 Welannee Boulevard

Laurel Hill, FL 32567
bedrooms
4 Beds
bathrooms
3 Baths
$3,899
Est. Monthly
$300
HOA / Fees
4.94%
Cap Rate

About This Property

Spacious home with office and formal dining room on over an acre! Featuring 3,232 sq ft of beautifully designed living space, this property offers a formal dining area, an additional sitting area, and three full custom baths. The open layout provides room to gather, work, and relax, while the private office and versatile spaces adapt to your needs. Sprawling kitchen for entertaining with new cooktop, new dishwasher and fan.  Step into the newly screened patio or out onto the custom deck surrounding your saltwater pool. Steps away is a space for a fire pit or outdoor dining. Whole home Generac system, AC in garage and new sod/ irrigation well. New crown, new carpet, shiplap in hall and master bathrooms. Custom closets and pantry from Closets by Design. Storage shed. Trim lighting surround.
Unit Size
-
Days on Market
66 days
Land Size
1.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$333
HOA Dues
$300
Year Built
2013

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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: 11 months ago (ECAR #986432)

Price History

Date / Event Date Event Price
Dec 4, 2025 Sold
Premium
Sold
Oct 23, 2025 In contract -
In contract
Sep 29, 2025 Listed by The Property Group 850 Inc $664,900
Listed by The Property Group 850 Inc
Aug 9, 2021 Sold
Premium
Sold
Jul 3, 2021 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • 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: 1,100
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 50,072
  • Total Building Area: 4,948
  • Gross Building Area: 4,948
  • Building Area: 3,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,232
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: YELLOW RIVER PLANTATION S/D
  • Land Acres: 0000001150
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: YELLOW RIVER PLANTATION S/D LOT 4 BLK J

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020304

Geography

  • Assessors Map Reference: MAP 2
  • Parcel: 16-4N-23-1000-000J-0040
  • Block: J
  • Lot: 4
  • Meridian: SEC 16 TWN 04N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.8363
  • Longitude: -86.5606

    Address

  • Full Address: 6453 Welannee Blvd
  • Address - House Number: 6453
  • Address - Street Name: Welannee
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Laurel Hill
  • Carrier Code: R031
  • 4-Digit Zip Code: 7310
  • Zip Code: 32567

Valuation

    Tax

  • Total Area: 4,022
  • Tax Year: 2023
  • Tax Amount: $390,859
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 554,081
  • High Value: 652,847
  • Low Value: 455,314

    Market Valuation

  • Market Total Value: $505,896
  • Market Land Value: $31,415
  • Market Improvement Value: $474,481

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $430,407

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 09, 2021
  • Current Sale Recording Date: Aug 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3478715
  • Previous Sale Recording Date: Nov 07, 2013
  • Previous Sale Contract Date: Nov 04, 2013
  • Previous Sale Amount: $330,100
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
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:

$371,950

Sale Price/ft²

$219

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1848 ft²

Average Home Age

28.9 years

Currently For Sale

2391 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: Kimberlie B Griggs, The Property Group 850 Inc
Last Updated: 11 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 986432
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 6453 Welannee Boulevard built and last sold?
The property at 6453 Welannee Boulevard was built in 2013 and last sold on Aug 9, 2021 for $515,000.
How much is this home worth?
The estimated value of the home located at 6453 Welannee Boulevard is $0.
What are some comparable homes to 6453 Welannee Boulevard?
There are currently no comparable homes to 6453 Welannee Boulevard.
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