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Wright 32547 Overbrook
754 Overbrook Drive
$499,500
● House - Off Market

754 Overbrook Drive

Fort Walton Beach, FL 32547
bedrooms
4 Beds
bathrooms
2 Baths
$2,768
Est. Monthly
4.53%
Cap Rate

About This Property

'Value for the Price' there is nothing this nice in Fort Walton Beach! Start with a very beautiful home built by the original builder of Overbrook for him and his family. It is loaded with high end finishes & has an additional detached garage and custom work shed with combined value for the two at $50,000.00. The property location is in the 'Heart of it All', but is distanced for privacy, has .41 of an acre lot, a well landscaped big fenced in back yard, and loads of parking space. The current owner has stepped up to spending over $56,700.00 to enhance the property which includes a new roof & hot water heater. Click on the photos to discover much, much more! Truly needs to be seen to be fully appreciated. So don't delay...come see it today...make it yours...and love it forever! New roof!
Unit Size
-
Days on Market
192 days
Land Size
0.41 acres
Price per sqft
-
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1985

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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 #955443)

Price History

Date / Event Date Event Price
Apr 4, 2025 Sold
Premium
Sold
Feb 11, 2025 In contract -
In contract
Feb 3, 2025 Price Decreased $499,500
↓ $26K (4.9%)
Price Decreased
Jan 3, 2025 Price Decreased $525,000
↓ $10K (1.9%)
Price Decreased
Dec 21, 2024 Price Decreased $535,000
↓ $13K (2.4%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • 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
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 713
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,974
  • Total Building Area: 2,949
  • Gross Building Area: 2,949
  • Building Area: 1,939
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,939
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OVERBROOK 1ST ADD
  • Land Acres: 0000000413
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: OVERBROOK 1ST ADD LOT 8 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021902

Geography

  • Assessors Map Reference: 51
  • Parcel: 09-2S-24-3031-000A-0080
  • Block: A
  • Lot: 8
  • Meridian: SEC 09 TWN 02S RNG 24W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4341
  • Longitude: -86.651

    Address

  • Full Address: 754 Overbrook Dr
  • Address - House Number: 754
  • Address - Street Name: Overbrook
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 3589
  • Zip Code: 32547

Valuation

    Tax

  • Total Area: 2,442
  • Tax Year: 2023
  • Tax Amount: $385,104
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1941
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 471,660
  • High Value: 563,241
  • Low Value: 380,079

    Market Valuation

  • Market Total Value: $364,000
  • Market Land Value: $74,167
  • Market Improvement Value: $289,833

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $350,005

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 23, 2022
  • Current Sale Recording Date: Mar 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3537188
  • Previous Sale Recording Date: Feb 07, 2014
  • Previous Sale Contract Date: Jan 31, 2014
  • Previous Sale Amount: $235,000
  • 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 Overbrook

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$229

Above Asking

0.00%

Average Days on Market

49

Average Home Size

1739 ft²

Average Home Age

36.4 years

Currently For Sale

0 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: Laurie Hollowell Team, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 955443
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 754 Overbrook Drive built and last sold?
The property at 754 Overbrook Drive was built in 1985 and last sold on Mar 23, 2022 for $502,500.
How much is this home worth?
The estimated value of the home located at 754 Overbrook Drive is $0.
What are some comparable homes to 754 Overbrook Drive?
There are currently no comparable homes to 754 Overbrook Drive.
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