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Okaloosa 32567
7873 Harper Road
$75,000
● Land - Off Market

7873 Harper Road

Laurel Hill, FL 32567
bedrooms
Studio
bathrooms
0 Bath
$369
Est. Monthly

About This Property

Welcome to your 6-acre homesite! Located in quaint Laurel Hill, Florida. This level, wooded lot is the peaceful oasis you've been looking for! A large pond is located on the property. Imagine spending the day with your kids or grandkids fishing in the pond and exploring the property! Stock the pond, build a home and start making memories! Not ready to build, manufactured homes are allowed as well. City water & electric hook-ups are readily available. Conveniently located only 3 miles from Laurel Hill Schools, 13 miles from Lake Jackson in Florala, 16 miles to Crestview, 35 miles to Destin/Ft Walton Airport & Defuniak Springs, 37 miles to Eglin AFB & 52 miles to the World's Most Beautiful Beaches. Create your own quiet homestead while still being close to everyday amenities!
Unit Size
-
Days on Market
-
Land Size
6.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Payment Calculator

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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 #959786)

Price History

Date / Event Date Event Price
Mar 17, 2025 Sold
Premium
Sold
Feb 25, 2025 In contract -
In contract
Sep 24, 2024 Listed by Beachy Beach Real Estate $75,000
Listed by Beachy Beach Real Estate
Oct 9, 2018 Sold
Premium
Sold
Aug 23, 2018 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 261,360
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000006000
  • Standard Land Use Code: 8000
  • County Land Use Code: 0000
  • State Land Use Code: 000000
  • Legal Description 1: BEG SW COR NE1/4 OF NW1/4 E376 FT N695 FT W376 FT S695 FT TO BEG

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020200

Geography

  • Assessors Map Reference: 7
  • Parcel: 13-5N-23-0000-0003-0030
  • Block: 3
  • Meridian: SEC 13 TWN 05N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.9363
  • Longitude: -86.5017

    Address

  • Full Address: 7873 Harper Rd
  • Address - House Number: 7873
  • Address - Street Name: Harper
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Laurel Hill
  • Carrier Code: R031
  • 4-Digit Zip Code: 8131
  • Zip Code: 32567

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,549
  • Tax Rate Code Area: 001

    Market Valuation

  • Market Total Value: $15,803
  • Market Land Value: $15,803

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,803
  • Assessed Land Value: $15,803

    Sales

  • Current Sale Contract Date: Oct 06, 2018
  • Current Sale Recording Date: Oct 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3237053
  • Previous Sale Recording Date: Aug 23, 2018
  • Previous Sale Contract Date: Aug 14, 2018
  • Previous Sale Amount: $8,200
  • Previous Sale Document Type: 52
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 Okaloosa

Stats & Trends

Median Asking:

$377,950

Sale Price/ft²

$225

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1815 ft²

Average Home Age

28.6 years

Currently For Sale

1650 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: Natasha B Reynolds, Beachy Beach Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 959786
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 7873 Harper Road built and last sold?
The property at 7873 Harper Road was built in and last sold on Oct 6, 2018 for $15,000.
How much is this home worth?
The estimated value of the home located at 7873 Harper Road is $75,750.
What are some comparable homes to 7873 Harper Road?
There are currently no comparable homes to 7873 Harper Road.
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