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Destin 32541
716 Harbor Lane
$230,000
● House - Off Market

716 Harbor Lane

Destin, FL 32541
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,549 Ft²
$420,372
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

NEW PRICE!!!This quaint Florida Cottage is situated on a HUGE CORNER LOT located in the HEART OF DESTIN, FLORIDA surrounded by beautiful Oak Trees. The property is close to the Sugar White Sands and Crystalline Green Waters of the Emerald Coast. The home features a Kitchen, Breakfast Nook, Large Great Room with a Stone Fireplace and the Master Bedroom has a large closet. The property is located near Shopping, Dining, and other amenities that the area has to offer. For the Fisherman, the Destin Harbor has many Charter Boat options. For the Boating Enthusiast, Joe's Bayou Public Boat Launch ensures everyone the opportunity to enjoy the boating lifestyle. For the Golfer, there are many beautiful Courses in the area. This property is a must to see!! Buyer to verify all lot and home dimensions.
Unit Size
1,549 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$161
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977

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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 #738497)

Price History

Date / Event Date Event Price
Apr 20, 2021 Sold
Premium
Sold
Sep 20, 2016 Sold
Premium
Sold
Sep 18, 2015 Listed by Coldwell Banker Realty $249,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • 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: 462
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,926
  • Lot Size Frontage Feet: 1,460
  • Total Building Area: 2,437
  • Gross Building Area: 2,437
  • Building Area: 1,549
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 4
  • Heating: 4
  • Heated Square Feet: 1,549
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MORENO ACRES S/D
  • Land Acres: 0000000641
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: MORENO ACRES S/D LOT 3 BLK F

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023305

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-1650-000F-0030
  • Block: F
  • Lot: 3
  • Municipality: DESTIN
  • Latitude: 30.4114
  • Longitude: -86.4841

    Address

  • Full Address: 716 Harbor Ln
  • Address - House Number: 716
  • Address - Street Name: Harbor
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Destin
  • Carrier Code: C008
  • 4-Digit Zip Code: 1806
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 1,865
  • Tax Year: 2023
  • Tax Amount: $391,964
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 464,602
  • High Value: 547,419
  • Low Value: 381,786

    Market Valuation

  • Market Total Value: $328,108
  • Market Land Value: $168,422
  • Market Improvement Value: $159,686

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,108
  • Assessed Land Value: $168,422
  • Assessed Improvements Value: $159,686

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3448112
  • Previous Sale Recording Date: Sep 20, 2016
  • Previous Sale Contract Date: Sep 15, 2016
  • Previous Sale Amount: $230,000
  • 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 Destin

Stats & Trends

Median Asking:

$540,000

Sale Price/ft²

$369

Below Asking

0.02%

Average Days on Market

79

Average Home Size

1794 ft²

Average Home Age

31.2 years

Currently For Sale

743 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: Venita S Brannon, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 738497
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 716 Harbor Lane built and last sold?
The property at 716 Harbor Lane was built in 1977 and last sold on Apr 16, 2021 for $245,200.
How much is this home worth?
The estimated value of the home located at 716 Harbor Lane is $0.
What are some comparable homes to 716 Harbor Lane?
There are currently no comparable homes to 716 Harbor Lane.
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