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Navarre 32566 Navarre
8116 Menorca Street
$129,900
● House - Off Market

8116 Menorca Street

Navarre, FL 32566
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$235,379
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Check out the great 3D Tour This home is a gem! Super clean, ready to move into. Kitchen remolded with new cabinets, countertops and all newer stainless steel appliances. There are 16 inch tiles on all floors, freshly painted neutral color throughout, ceiling fans, tray ceilings and a skylight in the guest bedroom. Upgrades include a new 30 year roof 2014, newer oversized air conditioning/heat pump units inside and out, new concrete driveway and new 80x17 concrete RV / Boat parking pad in back yard, freshly painted front porch and back deck. The extra large lot provides plenty of room for outdoor entertaining, barbecues and activities. There is a 16x12 office in backyard. The yard is large enough to easily add a pool. Home is located in a desirable neighbor
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$140
Property Type
House
Property Taxes
$74
HOA Dues
-
Year Built
1994

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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 #761617)

Price History

Date / Event Date Event Price
Nov 17, 2017 Sold
Premium
Sold
Dec 19, 2016 Sold
Premium
Sold
Sep 28, 2016 Listed by KELLER WILLIAMS REALTY EMERALD COAST-NAVARRE $139,900
Listed by KELLER WILLIAMS REALTY EMERALD COAST-NAVARRE

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 192
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,994
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NAVARRE 2ND ADD
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: NAVARRE 2ND ADD LOT 18 BLK 51 AS DES IN OR 3584 PG 146

Neighborhood

  • School District Name: Santa Rosa County School District
  • Census Tract: 010825

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 229 PG 241A
  • Parcel: 17-2S-26-2750-05100-0180
  • Block: 51
  • Lot: 18
  • Meridian: SEC 17 TWN 2S RNG 26W
  • Municipality: HOLLEY-NAVARRE
  • Latitude: 30.4126
  • Longitude: -86.8806

    Address

  • Full Address: 8116 Menorca St
  • Address - House Number: 8116
  • Address - Street Name: Menorca
  • Address - Suffix Type: St
  • State: FL
  • City Name: Navarre
  • Carrier Code: R025
  • 4-Digit Zip Code: 9153
  • Zip Code: 32566

Valuation

    Tax

  • Total Area: 1,224
  • Tax Year: 2023
  • Tax Amount: $114,571
  • Tax Rate Code Area: 0012

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 262,909
  • High Value: 322,926
  • Low Value: 202,891

    Market Valuation

  • Market Total Value: $211,186
  • Market Land Value: $63,000
  • Market Improvement Value: $148,186

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,165

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 03, 2017
  • Current Sale Recording Date: Nov 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201748023
  • Previous Sale Recording Date: Dec 19, 2016
  • Previous Sale Contract Date: Dec 16, 2016
  • Previous Sale Amount: $129,500
  • 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 Navarre

Stats & Trends

Median Asking:

$417,500

Sale Price/ft²

$218

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2005 ft²

Average Home Age

14.6 years

Currently For Sale

142 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: David Walker, KELLER WILLIAMS REALTY EMERALD COAST-NAVARRE
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 761617
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 8116 Menorca Street built and last sold?
The property at 8116 Menorca Street was built in 1994 and last sold on Nov 3, 2017 for $136,500.
How much is this home worth?
The estimated value of the home located at 8116 Menorca Street is $156,872.
What are some comparable homes to 8116 Menorca Street?
There are currently no comparable homes to 8116 Menorca Street.
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