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Lake Lorraine 32579 Port Dixie
73 7th Street
$335,000
● House - Off Market

73 7th Street

Shalimar, FL 32579
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,428 Ft²
$371,204
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Charming updated home on a corner lot in Shalimar! This house boasts upgrades galore including newer roof and HVAC, Rinnai tankless water heater, fresh paint, RV hook up, new fence, expanded driveway and yard. The kitchen is complete with granite countertops, stainless steel appliances and a gas range. Master bedroom is conveniently located on the first floor. Prime location near Hurlburt Field and Eglin AFB, great schools, beaches, shopping and dining. Call to schedule your showing today!
Unit Size
1,428 Ft²
Days on Market
-
Land Size
-
Price per sqft
$245
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987

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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 #909395)

Price History

Date / Event Date Event Price
Dec 29, 2022 Sold
Premium
Sold
Oct 4, 2022 Listed by Vacasa Real Estate - Ariel Dunes $349,900
Listed by Vacasa Real Estate - Ariel Dunes
Sep 20, 2022 No longer available -
No longer available
Aug 17, 2022 Listed by Vacasa Real Estate - Ariel Dunes $379,900
Listed by Vacasa Real Estate - Ariel Dunes
Apr 5, 2017 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,519
  • Total Building Area: 1,848
  • Gross Building Area: 1,848
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHBROOK
  • Land Acres: 0000000127
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SOUTHBROOK UNIT 2

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021502

Geography

  • Assessors Map Reference: 44
  • Parcel: 05-2S-23-2312-0000-0020
  • Lot: 2
  • Meridian: SEC 05 TWN 02S RNG 23W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4457
  • Longitude: -86.5717

    Address

  • Full Address: 73 7th St
  • Legal Unit: 2
  • Address - House Number: 73
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Shalimar
  • Carrier Code: C003
  • 4-Digit Zip Code: 1359
  • Zip Code: 32579

Valuation

    Tax

  • Total Area: 1,597
  • Tax Year: 2023
  • Tax Amount: $161,061
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.0808
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 94
  • Final Value: 374,529
  • High Value: 404,806
  • Low Value: 344,251

    Market Valuation

  • Market Total Value: $204,576
  • Market Land Value: $45,950
  • Market Improvement Value: $158,626

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,035

    Sales

  • Current Sale Contract Date: Dec 27, 2022
  • Current Sale Recording Date: Dec 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3598331
  • Previous Sale Recording Date: Apr 05, 2017
  • Previous Sale Contract Date: Apr 04, 2017
  • Previous Sale Amount: $172,500
  • 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 Port Dixie

Stats & Trends

Median Asking:

$317,000

Sale Price/ft²

$214

Below Asking

0.02%

Average Days on Market

78

Average Home Size

1755 ft²

Average Home Age

30.6 years

Currently For Sale

25 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

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ECAR

Listed by: Hana Hawkins, Vacasa Real Estate - Ariel Dunes
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 909395
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 73 7th Street built and last sold?
The property at 73 7th Street was built in 1987 and last sold on Dec 27, 2022 for $335,000.
How much is this home worth?
The estimated value of the home located at 73 7th Street is $349,764.
What are some comparable homes to 73 7th Street?
There are currently no comparable homes to 73 7th Street.
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