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208 Third St

Fort Walton Beach, FL 32548

2 bd 2 ba 1,188 sqft Built 1983 multi_family
Most recent sale
$235,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $235,000 Public Record
Aug 18, 2022 Listed $229,000 MLS #906301
Jan 31, 2022 Sold $180,500 Public Record
Dec 14, 2021 Listed $165,000 MLS #887395
Apr 21, 1994 Sold $44,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $122,053 $60,000 $182,053 $2,468
2024 $122,053 $60,000 $182,053 $2,495
2023 $120,237 $60,000 $180,237 $2,513
2020 $76,641 $1,327
2019 $51,074 $18,600 $69,674 $1,095
2018 $63,967 $1,024
2017 $41,308 $18,600 $59,908 $955
2016 $38,576 $18,600 $57,176 $883
2015 $35,059 $13,000 $48,059 $794
2014 $47,839 $798
2013 $46,112 $774
2012 $48,422 $743
2011 $58,229 $911
2010 $70,748 $1,090
2009 $79,420 $1,205
2008 $88,868 $1,348

Property facts

Year built
1983
Property type
multi_family
Stories
2
Beds
2
Baths
2
Living area
1,188 sqft
Lot size
ZIP code
32548
City
Fort Walton Beach
Street
Third St
Coordinates
30.40842, -86.59983

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
11.22%
Implied cap rate
7.30%
Trend-extrapolated value

Frequently asked questions

When did 208 Third St last sell?
208 Third St most recently sold on Sep 30, 2022 for $235,000.
What is the current tax assessment for 208 Third St?
The most recent total assessment for 208 Third St (year 2025) is $182,053 with $2,468 in property tax.
How does 208 Third St's assessment compare to its last sale price?
The current assessment is 22.5% below the last sale price of $235,000.
When was 208 Third St built?
208 Third St was built in 1983.
How does 208 Third St compare to others on Third St?
We track 4 other properties on Third St. Browse the list under "Other properties on Third St" to compare beds, baths, and sale history.
What are the property facts for 208 Third St?
208 Third St is a 2 bed, 2 bath, 1,188 sqft multi_family.
Is 208 Third St a flip candidate?
Yes — 208 Third St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 208 Third St a tax-appeal candidate?
No — 208 Third 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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