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848 Tropic Ave

Fort Walton Beach, FL 32548

5 bd 5 ba 4,011 sqft Built 2025 Lot 10,454 sqft single_family
Most recent sale
$225,000
Jan 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 19, 2026 Relisted $975,000 CPARMLS
Nov 19, 2025 Listed $975,000 CPARMLS
Sep 18, 2025 Price changed $975,000 EmeraldCoast
Aug 29, 2025 Price changed $1,175,000 EmeraldCoast
May 2, 2025 Listed $1,195,000 EmeraldCoast
Nov 22, 2023 Sold $225,000 EmeraldCoast
Jan 30, 2023 Price changed $267,000 EmeraldCoast
Sep 16, 2022 Price changed $275,000 MLS #898320
May 27, 2022 Price changed $319,000 MLS #898320
May 13, 2022 Listed $350,000 MLS #898320
Jan 10, 2022 Sold $225,000 Public Record
Sep 10, 2020 Sold $165,000 Public Record
Sep 8, 2020 Sold $165,000 EmeraldCoast
Mar 16, 2000 Sold $168,000 Public Record
Apr 1, 1997 Sold $155,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $144,375 $144,375 $1,924
2021 $96,378 $96,378 $1,330
2020 $94,479 $94,479 $1,251
2019 $89,980 $89,980 $1,221
2018 $83,200 $83,200 $1,161
2017 $83,200 $83,200 $1,194
2016 $75,705 $75,705 $1,063
2015 $72,100 $72,100 $1,045
2014 $70,000 $1,020
2013 $70,000 $1,033
2012 $75,000 $1,058
2011 $85,500 $1,273
2010 $90,000 $1,299
2009 $97,000 $1,347
2008 $150,000 $1,972

Property facts

Year built
2025
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
4,011 sqft
Lot size
10,454 sqft
ZIP code
32548
City
Fort Walton Beach
Street
Tropic Ave
Coordinates
30.39965, -86.62736

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
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 848 Tropic Ave last sell?
848 Tropic Ave most recently sold on Jan 10, 2022 for $225,000.
What is the current tax assessment for 848 Tropic Ave?
The most recent total assessment for 848 Tropic Ave (year 2023) is $144,375 with $1,924 in property tax.
How does 848 Tropic Ave's assessment compare to its last sale price?
The current assessment is 35.8% below the last sale price of $225,000.
When was 848 Tropic Ave built?
848 Tropic Ave was built in 2025.
How does 848 Tropic Ave compare to others on Tropic Ave?
We track 4 other properties on Tropic Ave. Browse the list under "Other properties on Tropic Ave" to compare beds, baths, and sale history.
What are the property facts for 848 Tropic Ave?
848 Tropic Ave is a 5 bed, 5 bath, 4,011 sqft, 10,454 sqft lot single_family.
Is 848 Tropic Ave a flip candidate?
Yes — 848 Tropic Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 848 Tropic Ave a tax-appeal candidate?
No — 848 Tropic Ave 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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