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Destin 32541 Destin Harbor
812 Forest Street
$142,500
● House - Off Market

812 Forest Street

Destin, FL 32541
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,036 Ft²
$303,102
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

Well priced home in a nice area. Short walk to Calhoun, to the Bay Front park. Fenced in yard. Carport area has been converted into a Florida room, may use as a 3rd bedroom. Renters in place month to month. All measurements to be verified by buyer.
Unit Size
1,036 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$153
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

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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 #588914)

Price History

Date / Event Date Event Price
Mar 10, 2014 Sold
Premium
Sold
Jan 3, 2013 Listed by Sea Coast Realty Group Inc $159,000
Listed by Sea Coast Realty Group Inc
Oct 3, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,428
  • Gross Building Area: 1,428
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CALHOUN S/D
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: CALHOUN S/D DESTIN SE80 FT LOT 65 BLK D

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023306

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-0310-000D-065A
  • Block: D
  • Lot: 65
  • Municipality: DESTIN
  • Latitude: 30.4009
  • Longitude: -86.508

    Address

  • Full Address: 812 Forest St
  • Address - House Number: 812
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: FL
  • City Name: Destin
  • Carrier Code: C001
  • 4-Digit Zip Code: 1559
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 1,350
  • Tax Year: 2023
  • Tax Amount: $222,453
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 77
  • Final Value: 342,821
  • High Value: 402,059
  • Low Value: 283,583

    Market Valuation

  • Market Total Value: $238,427
  • Market Land Value: $129,459
  • Market Improvement Value: $108,968

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,427
  • Assessed Land Value: $129,459
  • Assessed Improvements Value: $108,968

    Sales

  • Current Sale Contract Date: Mar 07, 2014
  • Current Sale Recording Date: Mar 10, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2915076
  • Previous Sale Recording Date: Oct 03, 2007
  • Previous Sale Contract Date: Sep 25, 2007
  • Previous Sale Amount: $154,500
  • 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 Destin Harbor

Stats & Trends

Median Asking:

$62,500

Sale Price/ft²

$37

Below Asking

0.02%

Average Days on Market

45

Average Home Size

1951 ft²

Average Home Age

22.7 years

Currently For Sale

84 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: Denise Dufault, Sea Coast Realty Group Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 588914
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 812 Forest Street built and last sold?
The property at 812 Forest Street was built in 1950 and last sold on Mar 7, 2014 for $142,500.
How much is this home worth?
The estimated value of the home located at 812 Forest Street is $172,561.
What are some comparable homes to 812 Forest Street?
There are currently no comparable homes to 812 Forest Street.
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