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Navarre 32566 Navarre
8345 Mercado Street
$129,500
● House - Off Market

8345 Mercado Street

Navarre, FL 32566
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,053 Ft²
$223,014
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

Cute three bedroom/2 bathroom home in Navarre.Beautiful wood-look tile flooring in living areas and carpet in the bedrooms. Eat-in-kitchen with stainless appliances. Wood burning fireplace in living room. Large yard with lots of room. Shed in the back for additional storage. Back yard is fenced and has a lawn pump and sprinkler system. Home features a circular driveway for ease of entry/exit.
Unit Size
1,053 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$127
Property Type
House
Property Taxes
$98
HOA Dues
-
Year Built
1987

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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 #767607)

Price History

Date / Event Date Event Price
Apr 12, 2021 Sold
Premium
Sold
Mar 2, 2017 Sold
Premium
Sold
Jan 20, 2016 Listed by Rosewood Realty Inc $133,900
Listed by Rosewood Realty Inc

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • 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: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 111
  • 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: 1,523
  • Gross Building Area: 1,523
  • Building Area: 1,053
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,053
  • 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 3 BLK 43 AS DES IN OR 4102 PG 216

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-26-2750-04300-0030
  • Block: 43
  • Lot: 3
  • Meridian: SEC 17 TWN 2S RNG 26W
  • Municipality: HOLLEY-NAVARRE
  • Latitude: 30.4156
  • Longitude: -86.8735

    Address

  • Full Address: 8345 Mercado St
  • Address - House Number: 8345
  • Address - Street Name: Mercado
  • Address - Suffix Type: St
  • State: FL
  • City Name: Navarre
  • Carrier Code: R025
  • 4-Digit Zip Code: 9292
  • Zip Code: 32566

Valuation

    Tax

  • Total Area: 1,153
  • Tax Year: 2023
  • Tax Amount: $233,542
  • Tax Rate Code Area: 0012

    Appraisal Valuation

  • Standard Deviation: 0.2092
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 282,608
  • High Value: 341,756
  • Low Value: 223,459

    Market Valuation

  • Market Total Value: $195,989
  • Market Land Value: $63,000
  • Market Improvement Value: $132,989

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,989
  • Assessed Land Value: $63,000
  • Assessed Improvements Value: $132,989

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202123942
  • Previous Sale Recording Date: Mar 02, 2017
  • Previous Sale Contract Date: Feb 28, 2017
  • 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:

$420,000

Sale Price/ft²

$217

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1987 ft²

Average Home Age

14.1 years

Currently For Sale

101 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: Jane M Judkins, Rosewood Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 767607
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 8345 Mercado Street built and last sold?
The property at 8345 Mercado Street was built in 1987 and last sold on Apr 9, 2021 for $215,000.
How much is this home worth?
The estimated value of the home located at 8345 Mercado Street is $0.
What are some comparable homes to 8345 Mercado Street?
There are currently no comparable homes to 8345 Mercado Street.
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