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Destin 32541 Crystal Beach
67 Cobia Street
$725,000
● House - Off Market

67 Cobia Street

Destin, FL 32541
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,328 Ft²
$1,308,955
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

A circle drive leads to the front steps of this Crystal Beach home set on a deep lot with private pool approximately one half block north of Scenic Highway 98, and less than a 5 minute walk to the Pompano Street beach access. Its first and second floors are near mirror images of one another, each with its own great room that includes a fully-equipped kitchen. A master bedroom with private bath, guest bedroom, additional guest bath, and laundry room can also be found on both its first and second floors, making this home ideal for groups vacationing together who would like to have private spaces after a day at the beach, or beside the pool in the fenced back yard with sun deck and grilling area.
Unit Size
3,328 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$233
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1998

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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: 2 years ago (ECAR MLS #745532)

Price History

Date / Event Date Event Price
May 7, 2021 Sold
Premium
Sold
Aug 15, 2016 Sold
Premium
Sold
Feb 1, 2016 Listed by Scenic Sotheby's International Realty $775,000
Listed by Scenic Sotheby's International Realty
Aug 8, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,499
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,332
  • Gross Building Area: 4,332
  • Building Area: 3,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,280
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRYSTAL BEACH
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: CRYSTAL BEACH LOT 18 BLK 5

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023308

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-0580-0005-0180
  • Block: 5
  • Lot: 18
  • Municipality: DESTIN
  • Latitude: 30.383
  • Longitude: -86.4191

    Address

  • Full Address: 67 Cobia St
  • Address - House Number: 67
  • Address - Street Name: Cobia
  • Address - Suffix Type: St
  • State: FL
  • City Name: Destin
  • Carrier Code: C020
  • 4-Digit Zip Code: 3676
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 3,596
  • Tax Year: 2023
  • Tax Amount: $1,671,442
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 1,631,993
  • High Value: 1,922,900
  • Low Value: 1,341,086

    Market Valuation

  • Market Total Value: $1,431,285
  • Market Land Value: $513,822
  • Market Improvement Value: $917,463

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,431,285
  • Assessed Land Value: $513,822
  • Assessed Improvements Value: $917,463

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3453420
  • Previous Sale Recording Date: Aug 15, 2016
  • Previous Sale Contract Date: Aug 01, 2016
  • Previous Sale Amount: $725,000
  • 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 Crystal Beach

Stats & Trends

Median Asking:

$1,062,500

Sale Price/ft²

$596

Below Asking

0.02%

Average Days on Market

80

Average Home Size

2681 ft²

Average Home Age

25.3 years

Currently For Sale

80 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: Chris Abbott Group, Scenic Sotheby's International Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 745532
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 67 Cobia Street built and last sold?
The property at 67 Cobia Street was built in 1998 and last sold on May 3, 2021 for $1,290,000.
How much is this home worth?
The estimated value of the home located at 67 Cobia Street is $0.
What are some comparable homes to 67 Cobia Street?
There are currently no comparable homes to 67 Cobia Street.
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