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3968 Paradise Bay Dr

Gulf Breeze, FL 32563

3 bd 2 ba 1,664 sqft Built 1986 Lot 16,988 sqft single_family
Most recent sale
$418,200
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 31, 2022 Sold $418,200 MLS #890630
Feb 7, 2022 Listed $425,000 MLS #890630
Feb 1, 2022 Listed $425,000 MLS #603044
Apr 24, 2013 Sold $190,000 Public Record
Jul 13, 2011 Sold $186,000 Public Record
Jun 6, 2011 Listing removed $195,000 Pensacola
May 27, 2011 Listed $195,000 MLS #409243
Feb 15, 2011 Sold $170,000 Public Record
Jan 22, 2011 Listing removed $178,900 Pensacola
Jan 7, 2011 Price changed $178,900 MLS #401714
Jan 4, 2011 Listed $189,900 MLS #401714
Jan 1, 1993 Sold $81,000 Public Record
Nov 1, 1986 Sold $79,900 Public Record
Jun 1, 1981 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $206,925 $70,000 $276,925 $3,355
2021 $158,050 $1,736
2020 $155,868 $1,701
2019 $152,364 $1,658
2018 $149,523 $1,644
2017 $146,448 $1,618
2016 $143,436 $1,594
2015 $142,439 $1,609
2014 $141,309 $1,617
2013 $137,399 $1,593
2012 $137,580 $1,509
2011 $119,360 $1,301
2009 $114,504 $1,191
2008 $96,637 $910
2007 $93,822 $1,068

Property facts

Year built
1986
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,664 sqft
Lot size
16,988 sqft
ZIP code
32563
City
Gulf Breeze
Street
Paradise Bay Dr
Coordinates
30.39175, -87.06088

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
$3,078
Gross rental yield
8.83%
Implied cap rate
5.74%
Trend-extrapolated value

Frequently asked questions

When did 3968 Paradise Bay Dr last sell?
3968 Paradise Bay Dr most recently sold on Mar 31, 2022 for $418,200.
What is the current tax assessment for 3968 Paradise Bay Dr?
The most recent total assessment for 3968 Paradise Bay Dr (year 2023) is $276,925 with $3,355 in property tax.
How does 3968 Paradise Bay Dr's assessment compare to its last sale price?
The current assessment is 33.8% below the last sale price of $418,200.
When was 3968 Paradise Bay Dr built?
3968 Paradise Bay Dr was built in 1986.
How does 3968 Paradise Bay Dr compare to others on Paradise Bay Dr?
We track 8 other properties on Paradise Bay Dr. Browse the list under "Other properties on Paradise Bay Dr" to compare beds, baths, and sale history.
What are the property facts for 3968 Paradise Bay Dr?
3968 Paradise Bay Dr is a 3 bed, 2 bath, 1,664 sqft, 16,988 sqft lot single_family.
Is 3968 Paradise Bay Dr a flip candidate?
No — 3968 Paradise Bay Dr does not appear in our flips dataset.
Is 3968 Paradise Bay Dr a tax-appeal candidate?
No — 3968 Paradise Bay 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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