1739 Ivalea Cir · Navarre, FL 32566

$350,000

3 bd · 2.0 ba · 2,029 sqft · SingleFamily public records · 51 Days on market

Built 1998 4,791 sqft lot Est $436k · 20% under $31/mo HOA · 1% of rent

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +12.8/30.0
• Schools +5.3/10.0
• DSCR +3.8/10.0
• Livability +3.5/5.0
• Rent growth +3.2/5.0
• 1% rule +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this stunning all-brick home with over 2,000 square feet of living space. Beautiful wood laminate flooring runs through the main living areas, while the master bedroom is enhanced with durable Pergo flooring. The master bath is a true retreat with a large tile walk-in shower and elegant granite countertops. Recent updates ensure peace of mind, including a new roof (2021), Hurricane Impact Garage Door, Windows & Doors (installed in 2020, a $38,000 value), which makes the home more energy efficient. HVAC system replaced in 2019. Outdoors, enjoy a large covered deck for relaxing or hosting guests, along with a storage building for all your outdoor needs. This home offers the perfect blend of modern comfort, practical upgrades, and a coastal lifestyle that's hard to beat.

Key facts

• All brick home
• Granite countertops
• Energy efficient

Tags

• ALL BRICK HOME
• WOOD LAMINATE FLOORING
• LARGE TILE WALK-IN SHOWER
• GRANITE COUNTERTOPS
• HURRICANE IMPACT GARAGE DOOR
• ENERGY EFFICIENT

Property features AI

Finance

• HOA & community: Homeowners association with an annual fee of $375

Exterior

• Parking: Attached 2-car garage with garage door opener; Two covered parking spaces (total 2 parking spaces)
• Utilities: Public water; Public sewer; Electric with circuit breakers; Paved, county-maintained road access
• Home design: Single-story home; Frame construction; Shingle roof; Resale property; Not attached to other properties; Slab foundation
• Construction: Frame construction; Slab foundation; Shingle roof; One level
• Exterior features: Sprinkler system; Rain gutters; Covered deck; Yard building

Interior

• Kitchen: Remodeled kitchen with quartz countertops; Stainless steel appliances; Tile backsplash; Pantry
• Bedrooms: Master bedroom on first floor (approx. 14 x 17); Second bedroom on first floor (approx. 12 x 12); Third bedroom on first floor (approx. 11 x 12)
• Flooring: Laminate flooring
• Bathrooms: Two full bathrooms, recently remodeled; Remodel includes tile walk-in shower, updated fixtures, and granite countertop
• Heating & cooling: Central heating; Central air conditioning; Ceiling fans
• Interior features: Ceiling fans; Double-pane windows with storm windows and blinds; Impact-resistant windows
• Laundry & utility: Electric water heater; Disposal

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $350k.

Deal economics

• At list price, monthly cash flow is $-30 ($-358/yr) — negative.
• To cash-flow at today's rent, offer at most $345k (1.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $268k (23.3% below list).
• Recommended offer: $268k (23.3% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 4.1% in Navarre — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 70/100 on livability (#435 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, employment A, crime A-; Watch: health & safety C-, amenities F, commute F.
• Santa Rosa (suburban): math 63% / reading 60% proficiency, ranked #8 of 73 in FL (top 11%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Holley-Navarre Primary (771 students, 41% FRL); Holley-Navarre Middle School (math 71% / reading 63%, grade A-, #80 of 571 statewide, top 14%, 830 students, 42% FRL); Navarre High School (math 49% / reading 58%, grade C-, #146 of 667 statewide, top 22%, 2,406 students, 30% FRL) — zoned schools at 38% FRL track the district average.
• Market conditions: Rents rising (+2.7%/yr); 769 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,983 units permitted in Santa Rosa County in 2024 (128 in 5+ unit buildings).
• This rent runs 31% of the median local income ($106k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Santa Rosa County population projected at +31% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($340k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 8y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $214k; list at $350k implies a 64% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $268,440 (23.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.77% ✗
• Cap rate: 6.19%
• Cash-on-cash: -0.36%
• DSCR: 0.98
• GRM: 10.9

CMA / ARV

• ARV (on-the-fly): $436,235
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1748 Joybrook Rd	0.12mi	4/2.5 (+1)	2,040 (+0%)	10mo	$438,000	$215	78
1731 Ivalea Cir	0.04mi	3/2.0	1,784 (-12%)	2mo	$325,000	$182	77
1824 Lindsey Magnolia Ct	0.16mi	3/2.5	2,153 (+6%)	8mo	$379,000	$176	74
1767 Magnolia Harbor Dr	0.13mi	4/2.5 (+1)	2,159 (+6%)	6mo	$410,000	$190	71
1753 Sound Hammock Dr	0.53mi	3/2.0	1,900 (-6%)	3mo	$410,000	$216	62
1801 Spitfire St	0.54mi	4/2.0 (+1)	2,093 (+3%)	7mo	$449,000	$215	59
7489 Sandstone St	0.56mi	4/2.0 (+1)	2,151 (+6%)	3mo	$315,000	$146	56
1951 Hawthorne Dr	0.48mi	3/2.0	1,832 (-10%)	6mo	$394,000	$215	56
7223 Antoinette Cir	0.46mi	3/2.0	1,815 (-10%)	7mo	$359,900	$198	55
1983 Alamanda Ct	0.53mi	3/2.0	1,856 (-8%)	8mo	$385,000	$207	55
7401 Sandstone St	0.43mi	3/2.0	1,771 (-13%)	6mo	$383,000	$216	54
7488 Harvest Village Ct	0.62mi	4/3.5 (+1)	1,834 (-10%)	2mo	$455,000	$248	42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.74% rent growth · sell at horizon

5-year hold

• IRR: -17.2%
• Equity multiple: 0.39×
• Total profit: $-59,438
• Equity at exit: $52,186

10-year hold

• IRR: -9.7%
• Equity multiple: 0.41×
• Total profit: $-57,567
• Equity at exit: $30,262

Cash invested: $98,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32566

• Home prices YoY: -26.2%
• Rents YoY: 2.7%
• Active inventory: 769
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $2,684 high
• Mortgage (P&I): −$1,835
• Tax from tax record: −$138 /mo · $1,659/yr
• Insurance: −$146
• HOA: −$31
• Vacancy / Maint / Mgmt: −$564
• Net cashflow: $-30

Break-even live

Break-even rent $2,722

Max offer price $344,735

Occupancy floor 96%

Sensitivity live

Price	-10% $168	-5% $69	+0% $-30	+5% $-129	+10% $-228
Rent	-10% $-242	-5% $-136	+0% $-30	+5% $76	+10% $182
Rate	-1.0pp $146	-0.5pp $59	base $-30	+0.5pp $-121	+1.0pp $-213

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $87,500
• Closing costs: $10,500
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7325 Emily Magnolia Ct Navarre, FL	4.0	3.5	2510	$2,800	$1.12	25d	1	0.11mi
1855 Lindsey Magnolia Ct Navarre, FL	3.0	2.0	2124	$2,695	$1.27	15d	1	0.16mi
7160 Blue Jack Dr Navarre, FL	3.0	2.0	2171	$2,595	$1.20	25d	1	0.42mi
6952 Cotton Boll Ln Navarre, FL	4.0	2.0	1898	$2,195	$1.16	25d	1	0.96mi
1837 Sunrise Dr Navarre, FL	3.0	2.0	1939	$2,200	$1.13	15d	1	1.18mi
1837 Sunrise Dr Navarre, FL	3.0	2.0	1939	$2,250	$1.16	25d	1	1.18mi
2081 Seagrape Dr Navarre, FL	3.0	2.0	1932	$2,400	$1.24	25d	1	1.30mi
7399 Olympia St Navarre, FL	4.0	2.0	2285	$2,470	$1.08	25d	1	1.46mi

HOA detail

• Monthly dues: $31 · $372/yr

Listing history 43 events

1. 2026-06-22
   days on market $350,000 Active 51 DOM
2. 2026-06-18
   days on market $350,000 Active 48 DOM
3. 2026-06-17
   days on market $350,000 Active 47 DOM
4. 2026-06-16
   days on market $350,000 Active 46 DOM
5. 2026-06-15
   days on market $350,000 Active 45 DOM
6. 2026-06-14
   days on market $350,000 Active 43 DOM
7. 2026-06-10
   days on market $350,000 Active 40 DOM
8. 2026-06-09
   days on market $350,000 Active 39 DOM
9. 2026-06-08
   days on market $350,000 Active 38 DOM
10. 2026-06-07
    days on market $350,000 Active 37 DOM
11. 2026-06-05
    pricedays on market $350,000 Active 34 DOM
12. 2026-06-03
    days on market $359,900 Active 33 DOM
13. 2026-06-02
    days on market $359,900 Active 32 DOM
14. 2026-06-01
    days on market $359,900 Active 31 DOM
15. 2026-05-31
    days on market $359,900 Active 30 DOM
16. 2026-05-31
    days on market $359,900 Active 29 DOM
17. 2026-05-01
    listed $359,900 Active

    Show marketing remark (795 chars)

    Welcome to this stunning all-brick home with over 2,000 square feet of living space. Beautiful wood laminate flooring runs through the main living areas, while the master bedroom is enhanced with durable Pergo flooring. The master bath is a true retreat with a large tile walk-in shower and elegant granite countertops. Recent updates ensure peace of mind, including a new roof (2021), Hurricane Impact Garage Door, Windows & Doors (installed in 2020, a $38,000 value), which makes the home more energy efficient. HVAC system replaced in 2019. Outdoors, enjoy a large covered deck for relaxing or hosting guests, along with a storage building for all your outdoor needs. This home offers the perfect blend of modern comfort, practical upgrades, and a coastal lifestyle that's hard to beat.

18. 2026-05-01
    listed $359,900 Active 795-char remark

    Show marketing remark (795 chars)

    Welcome to this stunning all-brick home with over 2,000 square feet of living space. Beautiful wood laminate flooring runs through the main living areas, while the master bedroom is enhanced with durable Pergo flooring. The master bath is a true retreat with a large tile walk-in shower and elegant granite countertops. Recent updates ensure peace of mind, including a new roof (2021), Hurricane Impact Garage Door, Windows & Doors (installed in 2020, a $38,000 value), which makes the home more energy efficient. HVAC system replaced in 2019. Outdoors, enjoy a large covered deck for relaxing or hosting guests, along with a storage building for all your outdoor needs. This home offers the perfect blend of modern comfort, practical upgrades, and a coastal lifestyle that's hard to beat.

19. 2026-05-01
    historical

    Show marketing remark (795 chars)

    Welcome to this stunning all-brick home with over 2,000 square feet of living space. Beautiful wood laminate flooring runs through the main living areas, while the master bedroom is enhanced with durable Pergo flooring. The master bath is a true retreat with a large tile walk-in shower and elegant granite countertops. Recent updates ensure peace of mind, including a new roof (2021), Hurricane Impact Garage Door, Windows & Doors (installed in 2020, a $38,000 value), which makes the home more energy efficient. HVAC system replaced in 2019. Outdoors, enjoy a large covered deck for relaxing or hosting guests, along with a storage building for all your outdoor needs. This home offers the perfect blend of modern comfort, practical upgrades, and a coastal lifestyle that's hard to beat.

20. 2026-02-04
    price $364,900
21. 2026-02-04
    price $364,900
22. 2026-01-31
    price $365,000
23. 2026-01-31
    price $365,000
24. 2025-12-15
    price $364,900
25. 2025-12-14
    price $364,900
26. 2025-12-14
    price $369,900
27. 2025-12-04
    price $375,000
28. 2025-11-30
    price $374,900
29. 2025-10-29
    listed $375,000 Active
30. 2025-10-29
    listed $375,000 Active
31. 2024-10-20
    historical
32. 2024-09-11
    listed $375,000 Active
33. 2024-09-10
    listed $375,000 Active
34. 2018-12-18
    soldstatus $214,000
35. 2018-12-14
    soldstatus $214,000
36. 2018-12-14
    soldstatus $214,000
37. 2018-10-22
    listed $214,900
38. 2018-10-22
    listed $214,900
39. 2018-10-08
    historical
40. 2018-03-08
    listed $214,900
41. 1998-03-18
    soldstatus $304,000
42. 1995-03-01
    soldstatus $323,300
43. 1994-04-15
    soldstatus $300,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,659 · $138/mo
• Projected year-2 tax: $2,905 · $242/mo
• Expected delta: +$1,246/yr (+$104/mo · 75.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥104°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,213
• − Mortgage interest: −$19,605
• − Property taxes: −$1,659
• − Insurance: −$1,750
• − Repairs & maintenance: −$2,577
• − Management: −$2,577
• − HOA: −$372
• − Depreciation: −$10,182
• Taxable loss: −$6,509
• Est. tax savings @ 24.0%: +$1,562
• After-tax cash flow: $1,204/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Santa Rosa
• NCES district ID: 1201650
• Math proficiency: 63% ▼ -6.00%
• Reading proficiency: 60% ▼ -5.00%
• Median HH income: $58,161
• Composite: 53.12/100
• National rank: #1511
• State rank: #8 of 73 in FL

Livability — Navarre

• Score: 70/100
• State rank: #435
• US rank: #7790

Category grades

Amenities F Commute F Cost of living B Crime A- Employment A Housing A+ Health & safety C- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Navarre, FL
• County: Santa Rosa County · 194,764 people
• City population: 43,883
• Metro: Pensacola-Ferry Pass-Brent, FL
• Population (ZIP): 43,883
• Household income: $105,551
• Rent vs Own: 17.5% rent · 82.5% own
• Severe rent burden: 608.0

Population outlook (Santa Rosa County) Hauer SSP2

• Today (2025): 195,978 people
• By 2030: 209,782 · +7.0%
• By 2040: 235,293 · +20.1%
• By 2050: 256,408 · +30.8%
• By 2075: 298,074 · +52.1%
• By 2100: 303,216 · +54.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Two or more races 9% Hispanic / Latino 9% Black 6% Asian 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Scotch-Irish 3% Lithuanian 3% Romanian 2%
• Foreign-born: 6% · Canada, Jamaica, Vietnam
• Languages at home: 92% English-only · Spanish 4% German/W. Germanic 1% Tagalog/Filipino 1%

Political lean MEDSL · Santa Rosa

• 2024 margin: Solid R (+51.0) · D 24.1% · R 75.0%
• 2008→2024 swing: -3.0pp toward R · 2008: -47.9pp · 2024: -51.0pp
• All cycles: 2024: R+51.0 2020: R+46.5 2016: R+53.5 2012: R+52.6 2008: R+47.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -105.87%
• Current HPI: 298.6821
• Rent YoY: ▲ 2.74%
• Metro: Pensacola-Ferry Pass-Brent, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+20.0% since first listed

27 events — show timeline

• 2026-05-01 Listed $359,900 ECAR
• 2026-05-01 Listed $359,900 PARMLS
• 2026-05-01 Listing Removed — PARMLS
• 2026-02-04 Price Changed $364,900 ECAR
• 2026-02-04 Price Changed $364,900 PARMLS
• 2026-01-31 Price Changed $365,000 ECAR
• 2026-01-31 Price Changed $365,000 PARMLS
• 2025-12-15 Price Changed $364,900 ECAR
• 2025-12-14 Price Changed $364,900 PARMLS
• 2025-12-14 Price Changed $369,900 ECAR
• 2025-12-04 Price Changed $375,000 ECAR
• 2025-11-30 Price Changed $374,900 ECAR
• 2025-10-29 Listed $375,000 ECAR
• 2025-10-29 Listed $375,000 PARMLS
• 2024-10-20 Listing Removed — PARMLS
• 2024-09-11 Listed $375,000 PARMLS
• 2024-09-10 Listed $375,000 ECAR
• 2018-12-18 Sold (Public Records) $214,000 Public Records
• 2018-12-14 Sold (MLS) $214,000 PARMLS
• 2018-12-14 Sold (MLS) $214,000 NAMLS
• 2018-10-22 Listed $214,900 PARMLS
• 2018-10-22 Listed $214,900 NAMLS
• 2018-10-08 Listing Removed — NAMLS
• 2018-03-08 Listed $214,900 NAMLS
• 1998-03-18 Sold (Public Records) $304,000 Public Records
• 1995-03-01 Sold (Public Records) $323,300 Public Records
• 1994-04-15 Sold (Public Records) $300,000 Public Records

Property tax history

+2.6%/yr

Latest (2025): $1,659 · +3.7% YoY. Source: county tax records.