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505 Circle Dr

Fort Walton Beach, FL 32548

3 bd 3 ba 2,188 sqft Built 1956 Lot 24,829 sqft multi_family
Most recent sale
$605,000
Mar 21, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 21, 2023 Sold $605,000 NWFlorida
Oct 9, 2022 Listed $605,000 NWFlorida
Feb 1, 1977 Sold $80,000 Public Record
Jan 1, 1977 Sold $42,731 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $192,900 $355,782 $548,682 $6,792
2018 $301,482 $3,299
2017 $295,281 $3,236
2016 $289,208 $3,164
2015 $287,198 $3,193
2009 $257,076 $2,876
2008 $256,819 $2,871
2007 $249,339 $2,885

Property facts

Year built
1956
Property type
multi_family
Stories
1
Beds
3
Baths
3
Living area
2,188 sqft
Lot size
24,829 sqft
ZIP code
32548
City
Fort Walton Beach
Street
Circle Dr
Coordinates
30.42983, -86.63642

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
$4,048
Gross rental yield
8.03%
Implied cap rate
5.22%
Trend-extrapolated value

Frequently asked questions

When did 505 Circle Dr last sell?
505 Circle Dr most recently sold on Mar 21, 2023 for $605,000.
What is the current tax assessment for 505 Circle Dr?
The most recent total assessment for 505 Circle Dr (year 2023) is $548,682 with $6,792 in property tax.
How does 505 Circle Dr's assessment compare to its last sale price?
The current assessment is 9.3% below the last sale price of $605,000.
When was 505 Circle Dr built?
505 Circle Dr was built in 1956.
How does 505 Circle Dr compare to others on Circle Dr?
We track 8 other properties on Circle Dr. Browse the list under "Other properties on Circle Dr" to compare beds, baths, and sale history.
What are the property facts for 505 Circle Dr?
505 Circle Dr is a 3 bed, 3 bath, 2,188 sqft, 24,829 sqft lot multi_family.
Is 505 Circle Dr a flip candidate?
No — 505 Circle Dr does not appear in our flips dataset.
Is 505 Circle Dr a tax-appeal candidate?
No — 505 Circle 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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