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318 Watson Dr

Fort Walton Beach, FL 32548

3 bd 2 ba 1,458 sqft Built 1962 Lot 14,810 sqft single_family
Most recent sale
$263,800
Nov 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 17, 2022 Sold $263,800 NWFlorida
Oct 5, 2022 Listed $284,900 NWFlorida

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $148,540 $90,986 $239,526 $2,697
2024 $148,540 $90,986 $239,526 $2,631
2023 $161,026 $73,198 $234,224 $2,705
2022 $107,977 $540
2021 $104,832 $531
2020 $103,385 $524
2019 $101,061 $442
2018 $99,177 $865
2017 $97,137 $848
2016 $95,139 $820
2015 $94,478 $834
2014 $93,728 $832
2013 $92,343 $815
2012 $90,799 $736
2011 $88,154 $712
2010 $86,851 $679
2009 $84,568 $639
2008 $84,484 $637
2007 $82,023 $792

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,458 sqft
Lot size
14,810 sqft
ZIP code
32548
City
Fort Walton Beach
Street
Watson Dr
Coordinates
30.42176, -86.63311

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
$2,697
Gross rental yield
12.27%
Implied cap rate
7.97%
Trend-extrapolated value

Frequently asked questions

When did 318 Watson Dr last sell?
318 Watson Dr most recently sold on Nov 17, 2022 for $263,800.
What is the current tax assessment for 318 Watson Dr?
The most recent total assessment for 318 Watson Dr (year 2025) is $239,526 with $2,697 in property tax.
How does 318 Watson Dr's assessment compare to its last sale price?
The current assessment is 9.2% below the last sale price of $263,800.
When was 318 Watson Dr built?
318 Watson Dr was built in 1962.
How does 318 Watson Dr compare to others on Watson Dr?
We track 8 other properties on Watson Dr. Browse the list under "Other properties on Watson Dr" to compare beds, baths, and sale history.
What are the property facts for 318 Watson Dr?
318 Watson Dr is a 3 bed, 2 bath, 1,458 sqft, 14,810 sqft lot single_family.
Is 318 Watson Dr a flip candidate?
No — 318 Watson Dr does not appear in our flips dataset.
Is 318 Watson Dr a tax-appeal candidate?
No — 318 Watson Dr 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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