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Walton 32459
75 W Mitchell Avenue
$770,000
● House - Off Market

75 W Mitchell Avenue

Santa Rosa Beach, FL 32459
bedrooms
5 Beds
bathrooms
5 Baths
$4,141
Est. Monthly
3.23%
Cap Rate

About This Property

Beautiful Florida cottage with a double unit detached carriage house in the heart of Point Washington. Located across from the bay on the coveted W. Mitchell, this 2 story Florida cottage is brimming with potential. The main house offers 3 bed, 3 bath 2,048 sq ft. The carriage house is comprised of 2 bed 2 bath 960 Sq Ft with separate entrances. Set back from the road behind old growth landscaping and a circular entrance driveway, the 0.23 acre lot provides ample privacy.  This property offers some great features including solid hardwood floors, deep 2 story porches and a fantastic bonus room off the back of the house. Don't miss out on this unique opportunity.
Unit Size
-
Days on Market
100 days
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$507
HOA Dues
-
Year Built
2002

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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: 12 months ago (ECAR #983006)

Price History

Date / Event Date Event Price
Nov 21, 2025 Sold
Premium
Sold
Aug 27, 2025 In contract -
In contract
Aug 13, 2025 Listed by Bermuda Shorts Real Estate Services Inc $739,900
Listed by Bermuda Shorts Real Estate Services Inc
Aug 8, 2022 Sold
Premium
Sold
May 5, 2022 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,365
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,008
  • Gross Building Area: 3,008
  • Building Area: 3,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DAUGHETTES AMENDED PLAT
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 15 BLK 1 DAUGHETTES AMENDED PLAT PB 3-24 OR 2340- 37 OR 2463-355 OR 3251-589 OR 3262-3249

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950605

Geography

  • Assessors Map Reference: S2-28-19
  • Parcel: 28-2S-19-24050-001-0150
  • Block: 1
  • Lot: 15
  • Meridian: SEC 28 TWN 02S RNG 019
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3787
  • Longitude: -86.1549

    Address

  • Full Address: 75 W Mitchell Ave
  • Address - House Number: 75
  • Street Direction: W
  • Address - Street Name: Mitchell
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H015
  • 4-Digit Zip Code: 5536
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 2,174
  • Tax Year: 2022
  • Tax Amount: $265,871
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2682
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 973,354
  • High Value: 1,234,458
  • Low Value: 712,249

    Market Valuation

  • Market Total Value: $642,828
  • Market Land Value: $151,515
  • Market Improvement Value: $491,313

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $334,724

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Aug 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 36130
  • Previous Sale Recording Date: May 05, 2022
  • Previous Sale Contract Date: May 02, 2022
  • Previous Sale Amount: $720,000
  • 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 Walton

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$424

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2282 ft²

Average Home Age

17.4 years

Currently For Sale

2328 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: Keith Bettenhausen, Bermuda Shorts Real Estate Services Inc
Last Updated: 12 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 983006
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 75 West Mitchell Avenue built and last sold?
The property at 75 West Mitchell Avenue was built in 2002 and last sold on Jul 29, 2022 for $750,000.
How much is this home worth?
The estimated value of the home located at 75 West Mitchell Avenue is $747,299.
What are some comparable homes to 75 West Mitchell Avenue?
There are currently no comparable homes to 75 West Mitchell Avenue.
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