NOT LISTED FOR SALE

8424 Racing Ln Navarre, FL 32566

4 Beds
2 Baths
1,593 Sq Ft
11,761 Sq Ft

Last Sold April 20, 2022

Last sale price $362,000 $227 Per Sq Ft

91 Days on Market

Highlights

  • Covered Patio or Porch
  • Skylights
  • Living Room
  • Holley-Navarre Intermediate School Rated A-
  • Multiple cooling system units
  • Laundry Room

About This Home

As of April 2022

**INVESTMENT OPPORTUNITY** Duplex located less than 2 miles from Navarre Beach. Both units are occupied and are income producing multi-family with existing leases. There are 2 separate units, 8424 and 8426. Each unit is approximately 800 square feet in size with 2 bedrooms and 1 full bath. Unit 8424 has been updated and comes mostly furnished. This property is less than 2 miles from the Beach offering an excellent opportunity for substantially higher income once the existing leases expire with short term rental or Airbnb. The roof was just replaced in October 2021. Don't miss your opportunity to own this income producing property with future potential for much higher revenues. This listing can also be found in Commercial for Sale under MLS# 887534.

Last Agent to Sell the Property

Be Home on the Coast

Corcoran Reverie Destin Listed on: 11/27/2021

Co-Listed By

Robert Roland

Corcoran Reverie Destin

Last Buyer's Agent

Victoria Davis

EXP Realty LLC License #3345314

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,026

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 101' x 111' x 102' x 126'
  • Property fronts a private road
  • Street terminates at a dead end

Home Design

  • Duplex
  • Brick Exterior Construction
  • Dimensional Roof
  • Ridge Vents on the Roof
  • Composition Shingle Roof
  • Wood Trim

Interior Spaces

  • 1,593 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Skylights
  • Living Room
  • Electric Oven or Range

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Holley-Navarre Elementary And Middle School
  • Navarre High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Williford Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-2S-26-5765-00000-0010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,026

Year Built

Built in 1982 | Remodeled

Lot Details

0.27 Acres

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Lot Size: 101' X 111' X 102' X 126'
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: EHJ1
  • Co List Office Phone: 850-424-3094
  • Subdivision Name: WILLIFORD MANOR
  • Directions: From Hwy 98, turn north on Hwy 87 and go approximately 1/3 mile. Take a left on the first street which will be Racing Lane and follow to the end where it curves to the right. Duplex will be on the left.
  • Architectural Style: Duplex
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1982
  • Remarks Misc:Remarks: **INVESTMENT OPPORTUNITY** Duplex located less than 2 miles from Navarre Beach. Both units are occupied and are income producing multi-family with existing leases. There are 2 separate units, 8424 and 8426. Each unit is approximately 800 square feet in size with 2 bedrooms and 1 full bath. Unit 8424 has been updated and comes mostly furnished. This property is less than 2 miles from the Beach offering an excellent opportunity for substantially higher income once the existing leases expire with short term rental or Airbnb. The roof was just replaced in October 2021. Don't miss your opportunity to own this income producing property with future potential for much higher revenues.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Washers: Yes
  • Rooms:Laundry2: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Ridge Vent: Yes
  • Energy:Heat - Two or More: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Refrigerator, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Floor Laminate, Floor Tile, Floor WW Carpet, Furnished - Some, Renovated, Skylight(s), Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Interior:Floor Tile: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Floor Laminate: Yes
  • Interior:Skylight(s): Yes

Exterior Features

  • Lot Features: Dead End
  • Construction Type: Brick, Roof Dimensional Shg, Slab, Trim Wood
  • Exterior Features: Patio Covered
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • Exterior:Patio Covered: Yes
  • Lot Features:Dead End: Yes
  • ConstructionSiding:Brick: Yes
  • ConstructionSiding:Trim Wood: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Schools

  • Elementary School: Holley-Navarre
  • High School: Navarre
  • Middle Or Junior School: Holley-Navarre

Lot Info

  • Lot Size Sq Ft: 11761.2
  • Parcel #: 20-2S-26-5765-00000-0010
  • Zoning: Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1025.65
  • Tax Year: 2020
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Sold $362,000 0.0% $227 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
11/27/2021 11/27/21 For Sale $362,000 -- $227 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,412 $203,859 $55,000 $148,859
2024 $2,323 $198,784 $55,000 $143,784
2023 $2,323 $188,735 $50,000 $138,735
2022 $1,595 $147,675 $30,000 $117,675
2021 $1,274 $95,413 $30,000 $65,413
2020 $1,026 $73,900 $0 $0
2019 $985 $70,311 $0 $0
2018 $1,002 $70,534 $0 $0
2017 $964 $65,943 $0 $0
2016 $906 $64,960 $0 $0
2015 $929 $64,960 $0 $0
2014 $952 $65,485 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 886484

Emerald Coast Association of REALTORS®

APN: 20-2S-26-5765-00000-0010

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