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Lake Lorraine 32579 Port Dixie
881 5Th Street
$259,900
● House - Off Market

881 5Th Street

Shalimar, FL 32579
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,932 Ft²
$430,332
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

NEW CONSTRUCTION IN SHALIMAR. 4 BEDROOM 2 BATH 1 STORY BRICK HOME. ENERGY EFFICIENT HOME WITH TILT-SASH DOUBLE-PANE WINDOWS w/LOWE-E. GRANITE COUNTER TOPS IN KITCHEN, CULTURED MARBLE VANITY TOPS IN BATHROOMS. STONE BACKSPLASH IN KITCHEN. PEX PLUMBING on MANABLOC SYSTEM. SODED YARD WITH AUTOMATIC IRRIGATION SYSTEM W/PROGRAMMABLE TIMER. 9' CEILINGS AND TRAY CEILING IN MASTER BEDROOM. COME MAKE THIS YOUR HOME. BLINDS HAVE BEEN INSTALLED. BUILDING IS DONE AND READY TO OCCUPY.
Unit Size
1,932 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$132
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016

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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 #739712)

Price History

Date / Event Date Event Price
Sep 12, 2016 Sold
Premium
Sold
Oct 7, 2015 Listed by Coastal Realty Services $254,900
Listed by Coastal Realty Services
Jan 30, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • 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: 484
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,314
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,589
  • Gross Building Area: 2,589
  • Building Area: 1,939
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,939
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PORT DIXIE
  • Land Acres: 0000000145
  • 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-23-2080-0049-0030
  • Block: 49
  • Lot: 1-3
  • Meridian: SEC 05 TWN 02S RNG 23W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4406
  • Longitude: -86.5746

    Address

  • Full Address: 881 5th St
  • Address - House Number: 881
  • 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: 2,255
  • Tax Year: 2023
  • Tax Amount: $256,578
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 473,957
  • High Value: 558,441
  • Low Value: 389,473

    Market Valuation

  • Market Total Value: $401,193
  • Market Land Value: $58,203
  • Market Improvement Value: $342,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,189

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 09, 2016
  • Current Sale Recording Date: Sep 12, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3089206
  • Previous Sale Recording Date: Jan 30, 2015
  • Previous Sale Contract Date: Jan 29, 2015
  • Previous Sale Amount: $125,000
  • 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:

$325,000

Sale Price/ft²

$217

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1733 ft²

Average Home Age

36.5 years

Currently For Sale

38 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# 739712
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 881 5th Street built and last sold?
The property at 881 5th Street was built in 2016 and last sold on Sep 9, 2016 for $259,900.
How much is this home worth?
The estimated value of the home located at 881 5th Street is $266,199.
What are some comparable homes to 881 5th Street?
There are currently no comparable homes to 881 5th Street.
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