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702 Terrance Ct

Fort Walton Beach, FL 32547

2 bd 2 ba 1,009 sqft Built 1984 Lot 5,793 sqft townhomes
Most recent sale
$207,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2026 Listed for rent $1,700 EmeraldCoast
Oct 29, 2024 Listing removed $1,700 EmeraldCoast
Jul 10, 2022 Listed for rent $1,750 EmeraldCoast
Jul 8, 2022 Sold $207,000 Public Record
Jul 1, 2022 Sold $207,000 EmeraldCoast
Jun 3, 2022 Listed $205,000 MLS #900163
May 17, 2019 Sold $142,500 MLS #820478
Apr 15, 2019 Listed $144,900 MLS #820478
Mar 25, 2019 Listing removed $100,000 EmeraldCoast
Aug 31, 2018 Sold $100,000 MLS #804336
Jul 24, 2018 Listed $105,000 MLS #804336
Jun 1, 1989 Sold $48,000 Public Record
Jun 1, 1984 Sold $43,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $139,675 $35,000 $174,675 $2,142
2024 $139,675 $35,000 $174,675 $2,102
2023 $127,131 $40,000 $167,131 $2,069
2020 $72,889 $30,000 $102,889 $1,332
2019 $63,184 $23,500 $86,684 $1,137
2018 $72,364 $973
2017 $46,121 $23,500 $69,621 $902
2016 $41,151 $18,000 $59,151 $784
2015 $39,256 $18,000 $57,256 $770
2014 $55,876 $752
2013 $53,984 $726
2012 $56,261 $731
2011 $63,088 $838
2010 $74,799 $976
2009 $83,825 $1,087
2008 $94,041 $1,219

Property facts

Year built
1984
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,009 sqft
Lot size
5,793 sqft
ZIP code
32547
City
Fort Walton Beach
Street
Terrance Ct
Coordinates
30.46134, -86.65015

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
$1,867
Gross rental yield
10.82%
Implied cap rate
7.04%
Trend-extrapolated value

Frequently asked questions

When did 702 Terrance Ct last sell?
702 Terrance Ct most recently sold on Jul 8, 2022 for $207,000.
What is the current tax assessment for 702 Terrance Ct?
The most recent total assessment for 702 Terrance Ct (year 2025) is $174,675 with $2,142 in property tax.
How does 702 Terrance Ct's assessment compare to its last sale price?
The current assessment is 15.6% below the last sale price of $207,000.
When was 702 Terrance Ct built?
702 Terrance Ct was built in 1984.
How does 702 Terrance Ct compare to others on Terrance Ct?
We track 5 other properties on Terrance Ct. Browse the list under "Other properties on Terrance Ct" to compare beds, baths, and sale history.
What are the property facts for 702 Terrance Ct?
702 Terrance Ct is a 2 bed, 2 bath, 1,009 sqft, 5,793 sqft lot townhomes.
Is 702 Terrance Ct a flip candidate?
Yes — 702 Terrance Ct appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 702 Terrance Ct a tax-appeal candidate?
No — 702 Terrance Ct 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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