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1387 Areca Palm Dr

Gulf Breeze, FL 32563

4 bd 3 ba 3,338 sqft Built 2020 Lot 12,632 sqft single_family
Most recent sale
$741,000
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 1, 2024 Sold $780,000 Public Record
Oct 24, 2022 Sold $260,000 Public Record
Sep 22, 2022 Sold $741,000 MLS #613909
Sep 21, 2022 Relisted $799,000 MLS #613909
Aug 14, 2022 Price changed $799,000 MLS #613909
Aug 9, 2022 Price changed $825,000 MLS #613909
Aug 5, 2022 Listed $850,000 MLS #613909
Oct 7, 2020 Sold $437,000 Public Record
Sep 4, 2020 Sold $437,000 MLS #568136

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $457,515 $70,000 $527,515 $7,042
2021 $369,558 $55,000 $424,558 $5,744
2020 $55,000 $55,000 $995

Property facts

Year built
2020
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,338 sqft
Lot size
12,632 sqft
ZIP code
32563
City
Gulf Breeze
Street
Areca Palm Dr
Coordinates
30.38677, -87.03463

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,175
Gross rental yield
10.00%
Implied cap rate
6.50%
Trend-extrapolated value

Frequently asked questions

When did 1387 Areca Palm Dr last sell?
1387 Areca Palm Dr most recently sold on Sep 22, 2022 for $741,000.
What is the current tax assessment for 1387 Areca Palm Dr?
The most recent total assessment for 1387 Areca Palm Dr (year 2023) is $527,515 with $7,042 in property tax.
How does 1387 Areca Palm Dr's assessment compare to its last sale price?
The current assessment is 28.8% below the last sale price of $741,000.
When was 1387 Areca Palm Dr built?
1387 Areca Palm Dr was built in 2020.
How does 1387 Areca Palm Dr compare to others on Areca Palm Dr?
We track 8 other properties on Areca Palm Dr. Browse the list under "Other properties on Areca Palm Dr" to compare beds, baths, and sale history.
What are the property facts for 1387 Areca Palm Dr?
1387 Areca Palm Dr is a 4 bed, 3 bath, 3,338 sqft, 12,632 sqft lot single_family.
Is 1387 Areca Palm Dr a flip candidate?
Yes — 1387 Areca Palm Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1387 Areca Palm Dr a tax-appeal candidate?
No — 1387 Areca Palm 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
-13.2%
Implied 1-yr
-52.7%
2026 Q3
$354.3K
2026 Q4
$354.3K
ZIP 32563 — Median Price History + Forecast

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