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8851 Gristmill Way

Milton, FL 32583

3 bd 2 ba 1,677 sqft Built 2020 Lot 14,375 sqft single_family
Most recent sale
$325,000
May 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 23, 2022 Sold $332,500 Pensacola
Nov 15, 2022 Listed $335,000 Pensacola
May 23, 2022 Sold $325,000 MLS #607166
Apr 18, 2022 Listed $310,000 MLS #607166
Jan 14, 2022 Sold $270,000 MLS #600957
Dec 10, 2021 Listed $270,000 MLS #600957
Feb 7, 2020 Sold $205,050 MLS #562233

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $215,382 $32,000 $247,382 $2,609
2018 $11,000 $11,000 $149

Property facts

Year built
2020
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,677 sqft
Lot size
14,375 sqft
ZIP code
32583
City
Milton
Street
Gristmill Way
Coordinates
30.63362, -86.95329

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
$3,102
Gross rental yield
11.45%
Implied cap rate
7.44%
Trend-extrapolated value

Frequently asked questions

When did 8851 Gristmill Way last sell?
8851 Gristmill Way most recently sold on May 23, 2022 for $325,000.
What is the current tax assessment for 8851 Gristmill Way?
The most recent total assessment for 8851 Gristmill Way (year 2025) is $247,382 with $2,609 in property tax.
How does 8851 Gristmill Way's assessment compare to its last sale price?
The current assessment is 23.9% below the last sale price of $325,000.
When was 8851 Gristmill Way built?
8851 Gristmill Way was built in 2020.
How does 8851 Gristmill Way compare to others on Gristmill Way?
We track 8 other properties on Gristmill Way. Browse the list under "Other properties on Gristmill Way" to compare beds, baths, and sale history.
What are the property facts for 8851 Gristmill Way?
8851 Gristmill Way is a 3 bed, 2 bath, 1,677 sqft, 14,375 sqft lot single_family.
Is 8851 Gristmill Way a flip candidate?
Yes — 8851 Gristmill Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8851 Gristmill Way a tax-appeal candidate?
No — 8851 Gristmill Way 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
+3.3%
Implied 1-yr
+13.4%
2026 Q3
$393.1K
2026 Q4
$393.1K
ZIP 32583 — Median Price History + Forecast

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