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Crestview 32536 Crestview
812 W Walnut Avenue
$35,000
● Land - Off Market

812 W Walnut Avenue

Crestview, FL 32536
bedrooms
Studio
bathrooms
0 Bath
$196
Est. Monthly

About This Property

Cleared, vacant lot. Build a home next door to two other new construction homes. Seller has two lots on W Walnut and willing to package.
Unit Size
-
Days on Market
424 days
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1943

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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: 12 months ago (ECAR #957179)

Price History

Date / Event Date Event Price
Oct 15, 2025 Sold
Premium
Sold
Oct 3, 2025 In contract -
In contract
Aug 17, 2024 Listed by The Property Group 850 Inc $39,900
Listed by The Property Group 850 Inc
Mar 1, 2023 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 10
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 176
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 58
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,673
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,050
  • Gross Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 12
  • Heating: 19
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESTVIEW
  • Land Acres: 0000000521
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • Legal Description 1: CRESTVIEW LOT 10 & W 15 FT OF LOT 11 BLK 119

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020601

Geography

  • Assessors Map Reference: MAP 3
  • Parcel: 17-3N-23-2490-0119-0100
  • Block: 119
  • Lot: 10,11
  • Meridian: SEC 17 TWN 03N RNG 23W
  • Municipality: CRESTVIEW
  • Latitude: 30.7531
  • Longitude: -86.5751

    Address

  • Full Address: 812 W Walnut Ave
  • Address - House Number: 812
  • Street Direction: W
  • Address - Street Name: Walnut
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Crestview
  • Carrier Code: C002
  • 4-Digit Zip Code: 3922
  • Zip Code: 32536

Valuation

    Tax

  • Total Area: 1,195
  • Tax Year: 2023
  • Tax Amount: $24,696
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.4674
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 6
  • Final Value: 17,169
  • High Value: 25,194
  • Low Value: 9,143

    Market Valuation

  • Market Total Value: $15,939
  • Market Land Value: $7,836
  • Market Improvement Value: $8,103

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,939
  • Assessed Land Value: $7,836
  • Assessed Improvements Value: $8,103

    Sales

  • Current Sale Contract Date: Feb 27, 2023
  • Current Sale Recording Date: Mar 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3608811
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 Crestview

Stats & Trends

Median Asking:

$259,000

Sale Price/ft²

$186

Below Asking

0.04%

Average Days on Market

73

Average Home Size

1479 ft²

Average Home Age

14.5 years

Currently For Sale

11 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: Kimberlie B Griggs, The Property Group 850 Inc
Last Updated: 12 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 957179
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 Walnut Avenue West built and last sold?
The property at 812 Walnut Avenue West was built in 1943 and last sold on Feb 27, 2023 for $75,000.
How much is this home worth?
The estimated value of the home located at 812 Walnut Avenue West is $40,299.
What are some comparable homes to 812 Walnut Avenue West?
There are currently no comparable homes to 812 Walnut Avenue West.
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