705 Terrance Ct
Fort Walton Beach, FL 32547
2 bd 2 ba 952 sqft Built 1984 Lot 3,485 sqft multi_family
Most recent sale
$195,000
May 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 7, 2026 | Price changed for rent | $1,495 | AppfolioUnits |
| Mar 4, 2026 | Listed for rent | $1,525 | AppfolioUnits |
| May 3, 2022 | Sold | $195,000 | Public Record |
| Mar 11, 2022 | Listed | $215,000 | MLS #892926 |
| Sep 21, 2020 | Sold | $142,600 | Public Record |
| Sep 15, 2020 | Sold | $142,577 | EmeraldCoast |
| May 11, 2018 | Sold | $110,000 | MLS #791493 |
| Apr 6, 2018 | Price changed | $114,000 | MLS #791493 |
| Mar 20, 2018 | Price changed | $116,500 | MLS #791493 |
| Feb 13, 2018 | Relisted | $119,900 | MLS #791493 |
| Feb 11, 2018 | Listing removed | $119,900 | EmeraldCoast |
| Feb 9, 2018 | Listed | $114,000 | MLS #791493 |
| Jun 4, 2007 | Sold | $103,000 | Public Record |
| Apr 1, 1991 | Sold | $30,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $97,760 | $35,000 | $132,760 | $1,144 |
| 2024 | $97,760 | $35,000 | $132,760 | $1,257 |
| 2023 | $98,323 | $40,000 | $138,323 | $1,230 |
| 2022 | — | — | $114,519 | $1,477 |
| 2021 | $64,108 | $40,000 | $104,108 | $1,338 |
| 2020 | $57,966 | $30,000 | $87,966 | $1,138 |
| 2019 | $58,120 | $23,000 | $81,120 | $1,064 |
| 2018 | — | — | $58,912 | $789 |
| 2017 | $35,556 | $18,000 | $53,556 | $714 |
| 2016 | $32,235 | $18,000 | $50,235 | $665 |
| 2015 | — | — | $47,333 | $300 |
| 2014 | — | — | $46,957 | $295 |
| 2013 | — | — | $46,263 | $286 |
| 2012 | — | — | $48,534 | $305 |
| 2011 | — | — | $55,241 | $372 |
| 2010 | — | — | $66,478 | $450 |
| 2009 | — | — | $74,682 | $512 |
| 2008 | — | — | $86,486 | $663 |
| 2007 | — | — | $90,246 | $1,160 |
Property facts
Year built
1984
Property type
multi_family
Stories
2
Beds
2
Baths
2
Living area
952 sqft
Lot size
3,485 sqft
ZIP code
32547
City
Fort Walton Beach
Street
Terrance Ct
Coordinates
30.46165, -86.64947
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,761
Gross rental yield
10.84%
Implied cap rate
7.04%
Trend-extrapolated value
—
Frequently asked questions
When did 705 Terrance Ct last sell?
705 Terrance Ct most recently sold on May 3, 2022 for $195,000.
What is the current tax assessment for 705 Terrance Ct?
The most recent total assessment for 705 Terrance Ct (year 2025) is $132,760 with $1,144 in property tax.
How does 705 Terrance Ct's assessment compare to its last sale price?
The current assessment is 31.9% below the last sale price of $195,000.
When was 705 Terrance Ct built?
705 Terrance Ct was built in 1984.
How does 705 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 705 Terrance Ct?
705 Terrance Ct is a 2 bed, 2 bath, 952 sqft, 3,485 sqft lot multi_family.
Is 705 Terrance Ct a flip candidate?
Yes — 705 Terrance Ct appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 705 Terrance Ct a tax-appeal candidate?
No — 705 Terrance Ct is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$377.2K
2026 Q4
$379.8K
ZIP 32547 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrance Ct