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Fort Walton Beach 32548 Elliott's Point
8 Choctawhatchee Road
$168,300
● House - Off Market

8 Choctawhatchee Road

Fort Walton Beach, FL 32548
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,028 Ft²
$283,882
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

Older home that has been recently renovated.
Unit Size
1,028 Ft²
Days on Market
-
Land Size
-
Price per sqft
$164
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

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 #764436)

Price History

Date / Event Date Event Price
Nov 16, 2016 Sold
Premium
Sold
Aug 9, 2016 Listed by RE/MAX Coastal Properties $168,500
Listed by RE/MAX Coastal Properties
Sep 29, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 253
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 58
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,779
  • Lot Size Frontage Feet: 870
  • Total Building Area: 1,616
  • Gross Building Area: 1,616
  • Building Area: 1,195
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,195
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PART ELLIOTT
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: RE S/D PART ELLIOTT PT LOT 1 BLK C

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 022600

Geography

  • Assessors Map Reference: 45
  • Parcel: 18-2S-23-080D-000C-0010
  • Block: C
  • Lot: 1
  • Meridian: SEC 18 TWN 02S RNG 23W
  • Municipality: FORT WALTON BEACH
  • Latitude: 30.4109
  • Longitude: -86.5909

    Address

  • Full Address: 8 Choctawhatchee Rd
  • Address - House Number: 8
  • Address - Street Name: Choctawhatchee
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Ft Walton Beach
  • Zip Code: 32548

Valuation

    Tax

  • Total Area: 1,345
  • Tax Year: 2023
  • Tax Amount: $62,908
  • Tax Rate Code Area: 004

    Appraisal Valuation

  • Standard Deviation: 0.213
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 323,099
  • High Value: 391,921
  • Low Value: 254,277

    Market Valuation

  • Market Total Value: $203,441
  • Market Land Value: $101,825
  • Market Improvement Value: $101,616

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,298

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 17, 2003
  • Current Sale Recording Date: Sep 29, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2060117
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 Elliott's Point

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2054 ft²

Average Home Age

49.8 years

Currently For Sale

8 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

Rentals Near You

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ECAR

Listed by: Ed & Terri Smith, RE/MAX Coastal Properties
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 764436
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 8 Choctawhatchee Road built and last sold?
The property at 8 Choctawhatchee Road was built in 1950 and last sold on Sep 17, 2003 for $95,000.
How much is this home worth?
The estimated value of the home located at 8 Choctawhatchee Road is $0.
What are some comparable homes to 8 Choctawhatchee Road?
There are currently no comparable homes to 8 Choctawhatchee Road.
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