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Destin 32541
816 Bayou Drive
$335,000
● House - Off Market

816 Bayou Drive

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,442 Ft²
$649,985
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

WELCOME HOME! Beautiful Pool Home in the heart of Destin! This 3 Bedroom and 2 Bath home has everything you could want and more.... You will love the all brick home on a large lot tucked away for privacy located on a dead end street. Circular driveway can accommodate numerous vehicles and toys. A large 2 car workshop with a one car garage will be the dream space for the hobbyist of the house. Perfect for entertaining with a huge well maintained 20x40 gunite pool with beautiful landscaped tropical backyard. This split floor plan home comes with a large eat-in kitchen, breakfast bar and plenty of cabinet space and granite counter tops. Large living area with vaulted ceilings and wood burning fireplace make this a great home. Come see it today! Buyer to verify all room dimensions and square footage.
Unit Size
2,442 Ft²
Days on Market
-
Land Size
-
Price per sqft
$143
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991

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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 #606219)

Price History

Date / Event Date Event Price
Aug 8, 2014 Sold
Premium
Sold
Oct 8, 2013 Listed by RE/MAX Coastal Properties $349,900
Listed by RE/MAX Coastal Properties
Jul 21, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 286
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 16,365
  • Lot Size Frontage Feet: 1,960
  • Total Building Area: 3,128
  • Gross Building Area: 3,128
  • Building Area: 2,442
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,442
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MORENO ACRES S/D
  • Land Acres: 0000000376
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: MORENO ACRES S/D LOT 1 BLK J

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023305

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-1650-000J-0010
  • Block: J
  • Lot: 1
  • Municipality: DESTIN
  • Latitude: 30.4143
  • Longitude: -86.4861

    Address

  • Full Address: 816 Bayou Dr
  • Address - House Number: 816
  • Address - Street Name: Bayou
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Destin
  • Carrier Code: C008
  • 4-Digit Zip Code: 1831
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,689
  • Tax Year: 2023
  • Tax Amount: $298,318
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1955
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 675,673
  • High Value: 807,815
  • Low Value: 543,531

    Market Valuation

  • Market Total Value: $497,186
  • Market Land Value: $126,317
  • Market Improvement Value: $370,869

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,256

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 06, 2014
  • Current Sale Recording Date: Aug 08, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2944053
  • Previous Sale Recording Date: Jul 21, 2010
  • Previous Sale Contract Date: Jul 15, 2010
  • Previous Sale Amount: $290,000
  • 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

Stats & Trends

Median Asking:

$546,000

Sale Price/ft²

$369

Below Asking

0.02%

Average Days on Market

79

Average Home Size

1795 ft²

Average Home Age

31.1 years

Currently For Sale

743 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: Ed & Terri Smith, RE/MAX Coastal Properties
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 606219
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 816 Bayou Drive built and last sold?
The property at 816 Bayou Drive was built in 1991 and last sold on Aug 6, 2014 for $335,000.
How much is this home worth?
The estimated value of the home located at 816 Bayou Drive is $0.
What are some comparable homes to 816 Bayou Drive?
There are currently no comparable homes to 816 Bayou Drive.
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