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Lake Lorraine 32579 Port Dixie
873 5TH Street
$264,900
● House - Off Market

873 5TH Street

Shalimar, FL 32579
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,932 Ft²
$469,970
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

NEW CONSTRUCTION, AWARD WINNING BUILDER. 4 BEDROOM, 2 BATH 1 STORY BRICK HOME. GRANITE KITCHEN COUNTER TOPS, TILE FLOORS IN KITCHEN, BATHS, LAUNDRY RM & DINING RM. NICE FRONT PORCH AND REAR LANAI. CORNER LOCATION WITH A WIDER LOT. 9' CEILINGS, MASTER BEDROOM HAS A TREY CEILING.
Unit Size
1,932 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$137
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2015

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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 #739693)

Price History

Date / Event Date Event Price
Dec 2, 2015 Sold
Premium
Sold
Oct 7, 2015 Listed by Coastal Realty Services $264,900
Listed by Coastal Realty Services
Mar 18, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 9
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,396
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,610
  • Gross Building Area: 2,610
  • Building Area: 1,928
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,928
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PORT DIXIE
  • Land Acres: 0000000331
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: PORT DIXIE PART OF LOTS 1 TO 3 BLK 49 AND VAC R/W RES 04-141 AND RES

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021501

Geography

  • Assessors Map Reference: 44
  • Parcel: 05-2S-23-2080-0049-0010
  • Block: 49
  • Lot: 1-3
  • Meridian: SEC 05 TWN 02S RNG 23W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4404
  • Longitude: -86.5745

    Address

  • Full Address: 873 5th St
  • Address - House Number: 873
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Shalimar
  • Carrier Code: C008
  • 4-Digit Zip Code: 1763
  • Zip Code: 32579

Valuation

    Tax

  • Total Area: 2,248
  • Tax Year: 2023
  • Tax Amount: $460,580
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 483,690
  • High Value: 569,910
  • Low Value: 397,471

    Market Valuation

  • Market Total Value: $398,357
  • Market Land Value: $58,203
  • Market Improvement Value: $340,154

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,357
  • Assessed Land Value: $58,203
  • Assessed Improvements Value: $340,154

    Sales

  • Current Sale Contract Date: Nov 30, 2015
  • Current Sale Recording Date: Dec 02, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3035637
  • Previous Sale Recording Date: Mar 18, 2013
  • Previous Sale Contract Date: Mar 15, 2013
  • Previous Sale Amount: $160,000
  • 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 Port Dixie

Stats & Trends

Median Asking:

$327,000

Sale Price/ft²

$217

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1716 ft²

Average Home Age

38 years

Currently For Sale

39 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: Kevin L Krueger, Coastal Realty Services
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 739693
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 873 5th Street built and last sold?
The property at 873 5th Street was built in 2015 and last sold on Nov 30, 2015 for $264,900.
How much is this home worth?
The estimated value of the home located at 873 5th Street is $0.
What are some comparable homes to 873 5th Street?
There are currently no comparable homes to 873 5th Street.
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