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32 Cape Dr

Fort Walton Beach, FL 32548

2 bd 1 ba 1,116 sqft Built 1982 Lot 2,548 sqft townhomes
Most recent sale
$186,000
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 20, 2024 Sold $200,000 EmeraldCoast
Dec 30, 2023 Listed for rent $2,500 Avail
Dec 8, 2023 Listed for rent $2,500 Avail
Nov 16, 2023 Price changed for rent $2,250 Avail
Oct 14, 2023 Listed for rent $2,050 Avail
Oct 10, 2023 Price changed for rent $2,050 Avail
Sep 22, 2023 Listed for rent $2,150 Avail
Sep 1, 2023 Price changed for rent $2,150 Avail
Aug 31, 2023 Listed for rent $2,450 Avail
Aug 25, 2023 Price changed for rent $2,450 Avail
Aug 9, 2023 Listed for rent $2,650 Avail
Jul 27, 2023 Price changed for rent $2,550 Avail
Jul 9, 2023 Listed for rent $2,750 Avail
Aug 9, 2022 Sold $186,000 Public Record
Aug 8, 2022 Sold $186,000 EmeraldCoast
Jul 2, 2022 Price changed $184,000 MLS #900992
Jun 21, 2022 Listed $195,000 MLS #900992
Oct 31, 2005 Sold $155,000 Public Record
Apr 7, 2005 Sold $132,000 Public Record
Apr 6, 1999 Sold $52,000 Public Record
Nov 1, 1989 Sold $43,000 Public Record
Aug 1, 1982 Sold $40,100 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $125,271 $50,000 $175,271 $2,376
2024 $125,271 $50,000 $175,271 $2,357
2023 $101,568 $40,000 $141,568 $1,413
2020 $71,723 $1,332
2019 $65,203 $1,177
2018 $59,275 $952
2017 $38,386 $15,500 $53,886 $874
2016 $35,141 $15,500 $50,641 $818
2015 $33,531 $17,000 $50,531 $835
2014 $53,802 $897
2013 $52,017 $873
2012 $54,222 $832
2011 $58,983 $461
2010 $71,490 $547
2009 $80,166 $1,216
2008 $94,622 $1,435

Property facts

Year built
1982
Property type
townhomes
Stories
2
Beds
2
Baths
1
Living area
1,116 sqft
Lot size
2,548 sqft
ZIP code
32548
City
Fort Walton Beach
Street
Cape Dr
Coordinates
30.41706, -86.64067

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
$2,065
Gross rental yield
13.32%
Implied cap rate
8.66%
Trend-extrapolated value

Frequently asked questions

When did 32 Cape Dr last sell?
32 Cape Dr most recently sold on Aug 9, 2022 for $186,000.
What is the current tax assessment for 32 Cape Dr?
The most recent total assessment for 32 Cape Dr (year 2025) is $175,271 with $2,376 in property tax.
How does 32 Cape Dr's assessment compare to its last sale price?
The current assessment is 5.8% below the last sale price of $186,000.
When was 32 Cape Dr built?
32 Cape Dr was built in 1982.
How does 32 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 32 Cape Dr?
32 Cape Dr is a 2 bed, 1 bath, 1,116 sqft, 2,548 sqft lot townhomes.
Is 32 Cape Dr a flip candidate?
No — 32 Cape Dr does not appear in our flips dataset.
Is 32 Cape Dr a tax-appeal candidate?
No — 32 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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