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Destin 32541 Spring Lake
729 LEGION Drive
$135,000
● House - Off Market

729 LEGION Drive

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$231,445
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Short Sale. Convenient location. Home needs some work and updating. Buyer to verify all pertinent information and dimensions.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$93
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1982

Payment Calculator

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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 #714953)

Price History

Date / Event Date Event Price
Sep 13, 2016 Sold
Premium
Sold
Jun 12, 2015 Sold
Premium
Sold
Sep 26, 2014 Listed by Stars Realty $130,000
Listed by Stars Realty

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 437
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,752
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,313
  • Gross Building Area: 2,313
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING LAKE 2ND ADD
  • Land Acres: 0000000247
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SPRING LAKE 2ND ADD LOT 16 BLK J

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023307

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-2371-000J-0160
  • Block: J
  • Lot: 16
  • Municipality: DESTIN
  • Latitude: 30.3972
  • Longitude: -86.4856

    Address

  • Full Address: 729 Legion Dr
  • Address - House Number: 729
  • Address - Street Name: Legion
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Destin
  • Carrier Code: C010
  • 4-Digit Zip Code: 2509
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 1,678
  • Tax Year: 2023
  • Tax Amount: $228,897
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1957
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 468,348
  • High Value: 560,005
  • Low Value: 376,690

    Market Valuation

  • Market Total Value: $348,012
  • Market Land Value: $117,943
  • Market Improvement Value: $230,069

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,144

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 09, 2016
  • Current Sale Recording Date: Sep 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3089651
  • Previous Sale Recording Date: Jun 12, 2015
  • Previous Sale Contract Date: Jun 09, 2015
  • Previous Sale Amount: $135,000
  • 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 Spring Lake

Stats & Trends

Median Asking:

$440,000

Sale Price/ft²

$271

Below Asking

0.02%

Average Days on Market

95

Average Home Size

1984 ft²

Average Home Age

46.5 years

Currently For Sale

2 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: Wesley O Van Eaton, Stars Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 714953
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 729 Legion Drive built and last sold?
The property at 729 Legion Drive was built in 1982 and last sold on Sep 9, 2016 for $275,000.
How much is this home worth?
The estimated value of the home located at 729 Legion Drive is $145,932.
What are some comparable homes to 729 Legion Drive?
There are currently no comparable homes to 729 Legion Drive.
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