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Navarre 32566 Navarre
8881 Brown Pelican Circle
$299,900
● House - Off Market

8881 Brown Pelican Circle

Navarre, FL 32566
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,544 Ft²
$337,523
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Beautifully maintained Reserve Pointe Townhome comes FULLY FURNISHED and move-in ready! Features 3 bedrooms, 2.5 bathrooms, open concept floor plan, high ceilings, recessed lighting, granite countertops in kitchen and baths, stainless appliances, LVP floors, garage, and all-brick exterior. Well cared for as a second home and never a rental. HOA includes community pool, park, & pavilion along with lawn care(!). Minutes away from shopping and restaurants. 10.5 miles to Hurlburt Field. Less than 3 miles to the white sands of Navarre Beach, home of the longest fishing pier in Florida. Call/text today to schedule your showing
Unit Size
1,544 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$194
Property Type
House
Property Taxes
$180
HOA Dues
$555
Year Built
2016

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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 #880903)

Price History

Date / Event Date Event Price
Oct 25, 2021 Sold
Premium
Sold
Sep 1, 2021 Listed by Coldwell Banker Realty $299,900
Listed by Coldwell Banker Realty
Apr 20, 2016 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 35
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 260
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,786
  • Lot Size Depth Feet: 860
  • Lot Size Frontage Feet: 210
  • Total Building Area: 1,966
  • Gross Building Area: 1,966
  • Building Area: 1,544
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,544
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RESERVE POINTE I&II
  • Land Acres: 0000000041
  • Standard Land Use Code: 1002
  • County Land Use Code: 000109
  • State Land Use Code: 001
  • Legal Description 1: RESERVE POINTE PHASE I LOT 3 BLK A DES IN 4197 PG 1613

Neighborhood

  • School District Name: Santa Rosa County School District
  • Census Tract: 010827

Zoning

  • Zoning: R2-HON

Geography

  • Parcel: 21-2S-26-3394-00A00-0030
  • Block: A
  • Lot: 3
  • Meridian: SEC 21 TWN 2S RNG 26W
  • Municipality: HOLLEY-NAVARRE
  • Latitude: 30.4082
  • Longitude: -86.8513

    Address

  • Full Address: 8881 Brown Pelican Cir
  • Address - House Number: 8881
  • Address - Street Name: Brown Pelican
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Navarre
  • Carrier Code: R017
  • 4-Digit Zip Code: 3621
  • Zip Code: 32566

Valuation

    Tax

  • Total Area: 1,702
  • Tax Year: 2023
  • Tax Amount: $252,177
  • Tax Rate Code Area: 0012

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 346,889
  • High Value: 420,510
  • Low Value: 273,268

    Market Valuation

  • Market Total Value: $266,064
  • Market Land Value: $40,000
  • Market Improvement Value: $226,064

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $244,153

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Oct 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202171099
  • Previous Sale Recording Date: Apr 20, 2016
  • Previous Sale Contract Date: Apr 19, 2016
  • Previous Sale Amount: $160,900
  • 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:

$424,950

Sale Price/ft²

$218

Below Asking

0.01%

Average Days on Market

71

Average Home Size

1992 ft²

Average Home Age

14 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: Courtney Pantalena, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 880903
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 8881 Brown Pelican Circle built and last sold?
The property at 8881 Brown Pelican Circle was built in 2016 and last sold on Oct 20, 2021 for $299,900.
How much is this home worth?
The estimated value of the home located at 8881 Brown Pelican Circle is $304,595.
What are some comparable homes to 8881 Brown Pelican Circle?
There are currently no comparable homes to 8881 Brown Pelican Circle.
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