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55 Bay Dr

Niceville, FL 32578

2 bd 2 ba 1,168 sqft Built 1985 condos
Most recent sale
$259,900
Jul 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 16, 2024 Sold $299,000 EmeraldCoast
Feb 21, 2024 Listed $299,000 NWFlorida
Jul 21, 2022 Sold $259,900 Public Record
Jul 15, 2022 Sold $259,900 NWFlorida
Jun 23, 2022 Listed $259,900 MLS #901841
Mar 25, 2019 Listing removed $159,900 NWFlorida
Oct 30, 2017 Sold $159,900 MLS #784059
Sep 29, 2017 Listed $159,500 MLS #784059
Nov 10, 2014 Sold $120,000 Public Record
Oct 31, 2014 Sold $120,000 NWFlorida
Aug 19, 2014 Price changed $134,900 MLS #706901
Jun 4, 2014 Listed $139,900 MLS #706901
Feb 20, 1998 Sold $63,000 Public Record
Dec 1, 1987 Sold $59,600 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $222,000 $222,000 $2,728
2022 $117,528 $972
2021 $114,105 $962
2020 $112,530 $951
2019 $110,000 $110,000 $930
2018 $118,800 $118,800 $1,052
2017 $99,000 $99,000 $810
2016 $99,000 $99,000 $812
2015 $99,000 $99,000 $834
2014 $87,000 $751
2013 $87,000 $750
2012 $83,000 $1,167
2011 $63,532 $506
2010 $62,593 $487
2009 $60,947 $475
2008 $60,886 $406
2007 $59,113 $505

Property facts

Year built
1985
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,168 sqft
Lot size
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
9.98%
Implied cap rate
6.49%
Trend-extrapolated value

Frequently asked questions

When did 55 Bay Dr last sell?
55 Bay Dr most recently sold on Jul 21, 2022 for $259,900.
What is the current tax assessment for 55 Bay Dr?
The most recent total assessment for 55 Bay Dr (year 2023) is $222,000 with $2,728 in property tax.
How does 55 Bay Dr's assessment compare to its last sale price?
The current assessment is 14.6% below the last sale price of $259,900.
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 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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