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5240 Florida Ave

Orange Beach, AL 36561

3 bd 2 ba 1,328 sqft Built 1977 Lot 10,000 sqft single_family
Most recent sale
$439,000
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 20, 2025 Price changed $589,900 BaldwinREALTORS
Jan 31, 2025 Listed $599,900 BaldwinREALTORS
Jul 14, 2022 Sold $439,000 Public Record
Jun 27, 2022 Sold $439,000 BaldwinREALTORS
May 4, 2022 Listed $459,900 MLS #330113
Apr 15, 2022 Listed $619,000 MLS #328984
Jul 12, 2013 Listing removed $174,500 BaldwinREALTORS
Jun 4, 2013 Listing removed $174,500 Pensacola
Jun 3, 2013 Listing removed $174,500 MobileAL
Apr 9, 2013 Listed $174,500 MLS #251468
Apr 5, 2013 Listed $174,500 MLS #197606

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $16,820 $394
2020 $17,980 $423
2019 $15,860 $369
2017 $12,620 $292
2016 $11,780 $377
2015 $11,600 $371
2014 $9,540 $305
2013 $9,420 $202
2012 $10,320 $228
2011 $9,500 $207
2010 $10,920 $250
2009 $13,720 $276
2008 $16,560 $419

Property facts

Year built
1977
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,328 sqft
Lot size
10,000 sqft
ZIP code
36561
City
Orange Beach
Street
Florida Ave
Coordinates
30.30203, -87.51856

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,992
Gross rental yield
5.45%
Implied cap rate
3.54%
Trend-extrapolated value

Frequently asked questions

When did 5240 Florida Ave last sell?
5240 Florida Ave most recently sold on Jul 14, 2022 for $439,000.
What is the current tax assessment for 5240 Florida Ave?
The most recent total assessment for 5240 Florida Ave (year 2021) is $16,820 with $394 in property tax.
How does 5240 Florida Ave's assessment compare to its last sale price?
The current assessment is 96.2% below the last sale price of $439,000.
When was 5240 Florida Ave built?
5240 Florida Ave was built in 1977.
How does 5240 Florida Ave compare to others on Florida Ave?
We track 8 other properties on Florida Ave. Browse the list under "Other properties on Florida Ave" to compare beds, baths, and sale history.
What are the property facts for 5240 Florida Ave?
5240 Florida Ave is a 3 bed, 2 bath, 1,328 sqft, 10,000 sqft lot single_family.
Is 5240 Florida Ave a flip candidate?
No — 5240 Florida Ave does not appear in our flips dataset.
Is 5240 Florida Ave a tax-appeal candidate?
No — 5240 Florida Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-5.8%
Implied 1-yr
-23.3%
2026 Q3
$691.8K
2026 Q4
$691.8K
ZIP 36561 — Median Price History + Forecast

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