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503 Sullivan St

Fort Walton Beach, FL 32548

2 bd 3 ba 1,310 sqft Built 2006 Lot 1,742 sqft multi_family
Most recent sale
$255,000
Aug 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 10, 2024 Sold $286,000 EmeraldCoast
Jul 11, 2024 Price changed $279,900 EmeraldCoast
Jun 22, 2024 Price changed $289,900 EmeraldCoast
May 15, 2024 Price changed $299,900 EmeraldCoast
Apr 29, 2024 Price changed $309,900 EmeraldCoast
Apr 10, 2024 Listed $325,000 NWFlorida
Aug 30, 2021 Sold $255,000 NavarreBeach
Dec 29, 2009 Sold $95,000 Public Record
Nov 28, 2009 Listing removed $99,000 NWFlorida
Nov 4, 2009 Listed $99,000 NWFlorida
Jul 27, 2006 Sold $185,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $177,815 $45,000 $222,815 $2,471
2024 $177,815 $45,000 $222,815 $3,082
2022 $149,987 $45,000 $194,987 $2,899
2021 $83,185 $735
2020 $82,036 $718
2019 $80,192 $629
2018 $78,697 $618
2017 $77,078 $604
2016 $75,493 $584
2015 $74,968 $594
2014 $74,373 $598
2013 $73,274 $595
2012 $72,049 $548
2011 $77,951 $631
2010 $82,872 $694
2009 $112,962 $1,713
2008 $137,952 $2,092
2007 $157,342 $2,015

Property facts

Year built
2006
Property type
multi_family
Stories
2
Beds
2
Baths
3
Living area
1,310 sqft
Lot size
1,742 sqft
ZIP code
32548
City
Fort Walton Beach
Street
Sullivan St
Coordinates
30.42196, -86.64722

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
$2,424
Gross rental yield
11.41%
Implied cap rate
7.41%
Trend-extrapolated value

Frequently asked questions

When did 503 Sullivan St last sell?
503 Sullivan St most recently sold on Aug 30, 2021 for $255,000.
What is the current tax assessment for 503 Sullivan St?
The most recent total assessment for 503 Sullivan St (year 2025) is $222,815 with $2,471 in property tax.
How does 503 Sullivan St's assessment compare to its last sale price?
The current assessment is 12.6% below the last sale price of $255,000.
When was 503 Sullivan St built?
503 Sullivan St was built in 2006.
How does 503 Sullivan St compare to others on Sullivan St?
We track 8 other properties on Sullivan St. Browse the list under "Other properties on Sullivan St" to compare beds, baths, and sale history.
What are the property facts for 503 Sullivan St?
503 Sullivan St is a 2 bed, 3 bath, 1,310 sqft, 1,742 sqft lot multi_family.
Is 503 Sullivan St a flip candidate?
No — 503 Sullivan St does not appear in our flips dataset.
Is 503 Sullivan St a tax-appeal candidate?
No — 503 Sullivan 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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