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55 Bay Dr

Niceville, FL 32578

2 bd 2 ba 1,168 sqft Built 1985 Lot 184,694 sqft condos
Most recent sale
$215,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Sold $215,000 MLS #611112
Jul 21, 2022 Price changed $229,500 MLS #611112
Jun 21, 2022 Listed $239,000 MLS #611112
May 14, 2002 Sold $75,000 Public Record
Nov 3, 1997 Sold $69,000 Public Record
Feb 1, 1997 Sold $68,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $220,000 $220,000 $2,679
2024 $220,000 $220,000 $2,269
2023 $185,000 $185,000 $2,288
2020 $84,292 $660
2019 $82,397 $642
2018 $80,861 $628
2017 $79,198 $616
2016 $77,569 $598
2015 $77,030 $607
2014 $76,419 $607
2013 $75,290 $592
2012 $74,031 $573
2011 $71,875 $571
2010 $70,813 $549
2009 $68,951 $536
2008 $68,882 $467

Property facts

Year built
1985
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,168 sqft
Lot size
184,694 sqft
ZIP code
32578
City
Niceville
Street
Bay Dr
Coordinates
30.48881, -86.42476

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
$2,161
Gross rental yield
12.06%
Implied cap rate
7.84%
Trend-extrapolated value

Frequently asked questions

When did 55 Bay Dr last sell?
55 Bay Dr most recently sold on Aug 5, 2022 for $215,000.
What is the current tax assessment for 55 Bay Dr?
The most recent total assessment for 55 Bay Dr (year 2025) is $220,000 with $2,679 in property tax.
How does 55 Bay Dr's assessment compare to its last sale price?
The current assessment is 2.3% above the last sale price of $215,000.
When was 55 Bay Dr built?
55 Bay Dr was built in 1985.
How does 55 Bay Dr compare to others on Bay Dr?
We track 8 other properties on Bay Dr. Browse the list under "Other properties on Bay Dr" to compare beds, baths, and sale history.
What are the property facts for 55 Bay Dr?
55 Bay Dr is a 2 bed, 2 bath, 1,168 sqft, 184,694 sqft lot condos.
Is 55 Bay Dr a flip candidate?
No — 55 Bay Dr does not appear in our flips dataset.
Is 55 Bay Dr a tax-appeal candidate?
No — 55 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
+1.3%
Implied 1-yr
+5.2%
2026 Q3
$564.8K
2026 Q4
$571.5K
ZIP 32578 — Median Price History + Forecast

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