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21 Cape Dr

Fort Walton Beach, FL 32548

3 bd 2 ba 1,146 sqft Built 1982 Lot 4,792 sqft multi_family
Most recent sale
$166,000
Dec 28, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 20, 2024 Price changed $220,000 NWFlorida
Mar 25, 2024 Price changed $225,000 NWFlorida
Nov 28, 2023 Listed $230,000 NWFlorida
Dec 28, 2021 Sold $166,000 NWFlorida
Dec 11, 2021 Listed $160,000 NWFlorida
Jan 31, 2012 Listing removed $89,000 NWFlorida
Oct 19, 2011 Listed $89,000 NWFlorida
Aug 12, 2011 Listing removed $114,700 NWFlorida
Feb 7, 2011 Listed $114,700 NWFlorida
Feb 1, 2011 Listing removed $115,000 NWFlorida
Jan 5, 2011 Relisted $115,000 NWFlorida
Jan 3, 2011 Listing removed $115,000 NWFlorida
Nov 23, 2010 Price changed $115,000 NWFlorida
Aug 25, 2010 Listed $125,000 NWFlorida
Oct 1, 1997 Sold $57,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $139,949 $50,000 $189,949 $2,575
2024 $139,949 $50,000 $189,949 $2,398
2022 $100,448 $40,000 $140,448 $2,112
2021 $63,385 $542
2020 $62,510 $536
2019 $61,105 $461
2018 $59,966 $463
2017 $58,733 $463
2016 $57,525 $455
2015 $57,125 $464
2014 $56,672 $466
2013 $55,834 $463
2012 $56,859 $434
2011 $55,203 $431
2010 $54,387 $418
2009 $52,957 $401
2008 $52,904 $401
2007 $51,363 $401

Property facts

Year built
1982
Property type
multi_family
Stories
1
Beds
3
Baths
2
Living area
1,146 sqft
Lot size
4,792 sqft
ZIP code
32548
City
Fort Walton Beach
Street
Cape Dr
Coordinates
30.41578, -86.64005

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
$996
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 21 Cape Dr last sell?
21 Cape Dr most recently sold on Dec 28, 2021 for $166,000.
What is the current tax assessment for 21 Cape Dr?
The most recent total assessment for 21 Cape Dr (year 2025) is $189,949 with $2,575 in property tax.
How does 21 Cape Dr's assessment compare to its last sale price?
The current assessment is 14.4% above the last sale price of $166,000.
When was 21 Cape Dr built?
21 Cape Dr was built in 1982.
How does 21 Cape Dr compare to others on Cape Dr?
We track 8 other properties on Cape Dr. Browse the list under "Other properties on Cape Dr" to compare beds, baths, and sale history.
What are the property facts for 21 Cape Dr?
21 Cape Dr is a 3 bed, 2 bath, 1,146 sqft, 4,792 sqft lot multi_family.
Is 21 Cape Dr a flip candidate?
No — 21 Cape Dr does not appear in our flips dataset.
Is 21 Cape Dr a tax-appeal candidate?
No — 21 Cape Dr 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
+0.2%
Implied 1-yr
+0.9%
2026 Q3
$495.8K
2026 Q4
$497K
ZIP 32548 — Median Price History + Forecast

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