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506 Ross Rd

Fort Walton Beach, FL 32547

3 bd 2 ba 1,420 sqft Built 1961 Lot 11,326 sqft single_family
Most recent sale
$285,000
Jul 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 6, 2022 Sold $285,000 MLS #608756
May 21, 2022 Relisted $285,000 MLS #608756
May 13, 2022 Listed $285,000 MLS #608756
May 12, 2022 Listed $285,000 MLS #898247
Mar 31, 2021 Listed for rent $1,400 AppfolioUnits
May 27, 2015 Sold $144,900 Public Record
May 20, 2015 Sold $144,900 EmeraldCoast
Mar 3, 2015 Listed $149,900 MLS #724292
Jul 1, 1997 Sold $59,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $143,292 $57,158 $200,450 $2,458
2024 $143,292 $57,158 $200,450 $2,343
2023 $141,230 $45,983 $187,213 $2,317
2021 $98,897 $38,370 $137,267 $1,764
2020 $113,388 $971
2019 $110,839 $953
2018 $108,772 $939
2017 $106,535 $918
2016 $70,902 $33,442 $104,344 $892
2015 $67,192 $31,850 $99,042 $1,331
2014 $85,197 $659
2013 $83,938 $645
2012 $82,535 $609
2011 $80,131 $594
2010 $78,947 $566
2009 $76,871 $539
2008 $76,794 $537
2007 $74,557 $637

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,420 sqft
Lot size
11,326 sqft
ZIP code
32547
City
Fort Walton Beach
Street
Ross Rd
Coordinates
30.44062, -86.61349

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
$2,627
Gross rental yield
11.06%
Implied cap rate
7.19%
Trend-extrapolated value

Frequently asked questions

When did 506 Ross Rd last sell?
506 Ross Rd most recently sold on Jul 6, 2022 for $285,000.
What is the current tax assessment for 506 Ross Rd?
The most recent total assessment for 506 Ross Rd (year 2025) is $200,450 with $2,458 in property tax.
How does 506 Ross Rd's assessment compare to its last sale price?
The current assessment is 29.7% below the last sale price of $285,000.
When was 506 Ross Rd built?
506 Ross Rd was built in 1961.
How does 506 Ross Rd compare to others on Ross Rd?
We track 6 other properties on Ross Rd. Browse the list under "Other properties on Ross Rd" to compare beds, baths, and sale history.
What are the property facts for 506 Ross Rd?
506 Ross Rd is a 3 bed, 2 bath, 1,420 sqft, 11,326 sqft lot single_family.
Is 506 Ross Rd a flip candidate?
No — 506 Ross Rd does not appear in our flips dataset.
Is 506 Ross Rd a tax-appeal candidate?
No — 506 Ross Rd 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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