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Okaloosa 32536
6567 Welannee Boulevard
$554,900
● House - Off Market

6567 Welannee Boulevard

Laurel Hill, FL 32567
bedrooms
5 Beds
bathrooms
3 Baths
$3,158
Est. Monthly
$300
HOA / Fees
4.90%
Cap Rate

About This Property

Welcome to this large 5 bedroom, 3 bath, 4 car garage home situated on over 1 acre lot in desirable Yellow River Plantation.  Situated just north from all the conveniences of Crestview!!  Features include, very large kitchen with island and granite counter tops with abundance of cabinet space.  Also, walk in pantry we all would love. Oversize master bedroom and master bath to include two walk in closets with built in custom storage with separate tile shower, upgraded marble tubs in all bathrooms!  Large foyer space entering the home to the family room you will see  large separate dining room to the right! Large additional family space with french doors overlook backyard will have many uses.  Also, fully enclosed privacy fenced backyard with 12x24 storage shed!!  Don't delay, see today!
Unit Size
-
Days on Market
24 days
Land Size
1.06 acres
Price per sqft
-
Property Type
House
Property Taxes
$10
HOA Dues
$300
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 #983263)

Price History

Date / Event Date Event Price
Sep 9, 2025 Sold
Premium
Sold
Aug 14, 2025 Listed by ERA American Real Estate $579,900
Listed by ERA American Real Estate
Jun 23, 2016 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 5
  • 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: 7
  • 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: 1,188
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,077
  • Total Building Area: 5,318
  • Gross Building Area: 5,318
  • Building Area: 3,540
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 19
  • Heated Square Feet: 3,540
  • 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: 0000001058
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: YELLOW RIVER PLANTATION S/D LOT 8 BLK N

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 7
  • Parcel: 16-4N-23-1000-000N-0080
  • Block: N
  • Lot: 8
  • Meridian: SEC 16 TWN 04N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.8512
  • Longitude: -86.5503

    Address

  • Full Address: 6567 Welannee Blvd
  • Address - House Number: 6567
  • Address - Street Name: Welannee
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Laurel Hill
  • Carrier Code: R031
  • 4-Digit Zip Code: 7312
  • Zip Code: 32567

Valuation

    Tax

  • Total Area: 4,370
  • Tax Year: 2023
  • Tax Amount: $10,828
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 582,794
  • High Value: 686,679
  • Low Value: 478,909

    Market Valuation

  • Market Total Value: $524,485
  • Market Land Value: $31,415
  • Market Improvement Value: $493,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $524,485
  • Assessed Land Value: $31,415
  • Assessed Improvements Value: $493,070

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 20, 2016
  • Current Sale Recording Date: Jun 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3073541
  • Previous Sale Recording Date: Jun 09, 2016
  • Previous Sale Contract Date: May 27, 2016
  • Previous Sale Amount: $273,000
  • 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 Okaloosa

Stats & Trends

Median Asking:

$371,900

Sale Price/ft²

$219

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1851 ft²

Average Home Age

29 years

Currently For Sale

2380 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: Sherry S Burns, ERA American Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 983263
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 6567 Welannee Boulevard built and last sold?
The property at 6567 Welannee Boulevard was built in 2016 and last sold on Jun 20, 2016 for $367,400.
How much is this home worth?
The estimated value of the home located at 6567 Welannee Boulevard is $0.
What are some comparable homes to 6567 Welannee Boulevard?
There are currently no comparable homes to 6567 Welannee Boulevard.
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