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603 Colonial Dr

Fort Walton Beach, FL 32547

2 bd 2 ba 980 sqft Built 1974 condos
Most recent sale
$136,900
Apr 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2025 Listing removed $1,450 EmeraldCoast
Dec 28, 2024 Price changed for rent $1,400 AppfolioUnits
Dec 16, 2024 Listed $145,000 EmeraldCoast
Dec 12, 2024 Listed for rent $1,450 AppfolioUnits
Oct 29, 2024 Listing removed $1,550 EmeraldCoast
Jun 21, 2024 Price changed for rent $1,450 AppfolioUnits
Jun 20, 2024 Price changed $152,990 EmeraldCoast
Jun 4, 2024 Price changed for rent $1,500 AppfolioUnits
May 15, 2024 Listed for rent $1,550 AppfolioUnits
Apr 15, 2024 Listed for rent $1,550 AppfolioUnits
Apr 8, 2024 Listed $154,900 NWFlorida
Mar 28, 2024 Listing removed NWFlorida
Mar 27, 2024 Price changed (rent) $1,550 RentlinxUnits
Mar 26, 2024 Price changed (rent) $1,575 NWFlorida
Mar 15, 2024 Listed for rent $1,650 RentlinxUnits
Mar 12, 2024 Listed for rent $1,650 NWFlorida
Apr 28, 2022 Listing removed NWFlorida
Apr 21, 2022 Listed for rent $1,500 NWFlorida
Apr 20, 2022 Listing removed NWFlorida
Apr 19, 2022 Sold $136,900 Public Record
Apr 18, 2022 Sold $136,900 EmeraldCoast
Mar 1, 2022 Listed $129,900 MLS #892097
Aug 21, 2014 Sold $34,000 Public Record
Aug 15, 2014 Sold $34,000 NWFlorida
Jun 24, 2014 Price changed $42,900 MLS #702324
May 31, 2014 Price changed $44,900 MLS #702324
Apr 8, 2014 Listing removed $625 NWFlorida
Apr 2, 2014 Listing removed $625 Appfolio
Apr 1, 2014 Listed $47,500 MLS #702324
Mar 12, 2014 Listed for rent $625 Appfolio
Mar 11, 2014 Listed for rent $595 NWFlorida
Jan 11, 2013 Listing removed $595 NWFlorida
Nov 27, 2012 Listed for rent $595 NWFlorida
Aug 16, 2012 Listing removed $595 NWFlorida
Jul 31, 2012 Listed for rent $595 NWFlorida
May 20, 2011 Listing removed $495 NWFlorida
Apr 16, 2011 Listed for rent $495 NWFlorida
Mar 31, 2009 Listing removed $495 NWFlorida
Mar 17, 2009 Price changed (rent) $525 NWFlorida
May 16, 2007 Listed for rent $625 NWFlorida
Oct 1, 1984 Sold $37,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $106,000 $106,000 $1,300
2024 $106,000 $106,000 $1,301
2023 $106,000 $106,000 $1,312
2022 $49,913 $818
2021 $45,375 $658
2020 $41,250 $538
2019 $37,500 $37,500 $491
2018 $35,500 $35,500 $471
2017 $35,500 $35,500 $473
2016 $33,000 $33,000 $437
2015 $33,000 $33,000 $443
2014 $35,500 $477
2013 $34,000 $457
2012 $34,000 $441
2011 $39,000 $517
2010 $49,000 $639
2009 $63,000 $817
2008 $77,000 $998
2007 $77,000 $990

Property facts

Year built
1974
Property type
condos
Stories
Beds
2
Baths
2
Living area
980 sqft
Lot size
ZIP code
32547
City
Fort Walton Beach
Street
Colonial Dr
Coordinates
30.43924, -86.62211

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
$821
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 603 Colonial Dr last sell?
603 Colonial Dr most recently sold on Apr 19, 2022 for $136,900.
What is the current tax assessment for 603 Colonial Dr?
The most recent total assessment for 603 Colonial Dr (year 2025) is $106,000 with $1,300 in property tax.
How does 603 Colonial Dr's assessment compare to its last sale price?
The current assessment is 22.6% below the last sale price of $136,900.
When was 603 Colonial Dr built?
603 Colonial Dr was built in 1974.
How does 603 Colonial Dr compare to others on Colonial Dr?
We track 8 other properties on Colonial Dr. Browse the list under "Other properties on Colonial Dr" to compare beds, baths, and sale history.
What are the property facts for 603 Colonial Dr?
603 Colonial Dr is a 2 bed, 2 bath, 980 sqft condos.
Is 603 Colonial Dr a flip candidate?
No — 603 Colonial Dr does not appear in our flips dataset.
Is 603 Colonial Dr a tax-appeal candidate?
No — 603 Colonial 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
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$377.2K
2026 Q4
$379.8K
ZIP 32547 — Median Price History + Forecast

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