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204 Fourth St

Fort Walton Beach, FL 32548

2 bd 2 ba 1,188 sqft Built 1984 Lot 1,742 sqft multi_family
Most recent sale
$185,000
Nov 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 16, 2022 Sold $185,000 NWFlorida
Oct 19, 2022 Listed $200,000 NWFlorida
Sep 23, 2003 Sold $54,000 Public Record
Jun 1, 1988 Sold $38,500 Public Record
Mar 1, 1987 Sold $1,000,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $136,098 $40,000 $176,098 $2,387
2024 $136,098 $40,000 $176,098 $2,376
2023 $120,107 $40,000 $160,107 $2,232
2022 $96,482 $1,717
2021 $87,711 $1,524
2020 $79,737 $1,400
2019 $72,488 $1,232
2018 $65,898 $1,088
2017 $44,407 $15,500 $59,907 $971
2016 $40,641 $15,500 $56,141 $906
2015 $38,771 $17,000 $55,771 $921
2014 $44,866 $331
2013 $44,203 $322
2012 $43,464 $283
2011 $42,198 $268
2010 $41,574 $255
2009 $88,283 $1,339
2008 $56,031 $425
2007 $54,399 $447

Property facts

Year built
1984
Property type
multi_family
Stories
2
Beds
2
Baths
2
Living area
1,188 sqft
Lot size
1,742 sqft
ZIP code
32548
City
Fort Walton Beach
Street
Fourth St
Coordinates
30.40917, -86.60119

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
$2,198
Gross rental yield
14.26%
Implied cap rate
9.27%
Trend-extrapolated value

Frequently asked questions

When did 204 Fourth St last sell?
204 Fourth St most recently sold on Nov 16, 2022 for $185,000.
What is the current tax assessment for 204 Fourth St?
The most recent total assessment for 204 Fourth St (year 2025) is $176,098 with $2,387 in property tax.
How does 204 Fourth St's assessment compare to its last sale price?
The current assessment is 4.8% below the last sale price of $185,000.
When was 204 Fourth St built?
204 Fourth St was built in 1984.
How does 204 Fourth St compare to others on Fourth St?
We track 4 other properties on Fourth St. Browse the list under "Other properties on Fourth St" to compare beds, baths, and sale history.
What are the property facts for 204 Fourth St?
204 Fourth St is a 2 bed, 2 bath, 1,188 sqft, 1,742 sqft lot multi_family.
Is 204 Fourth St a flip candidate?
No — 204 Fourth St does not appear in our flips dataset.
Is 204 Fourth St a tax-appeal candidate?
No — 204 Fourth St 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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