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617 Caribbean Way

Niceville, FL 32578

3 bd 2 ba 1,477 sqft Built 1978 single_family
Most recent sale
$360,000
Aug 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 3, 2022 Sold $360,000 Public Record
Aug 1, 2022 Sold $360,000 EmeraldCoast
Jun 3, 2022 Listed $380,000 MLS #900184
Jun 9, 2005 Sold $255,000 Public Record
Jun 24, 2004 Sold $163,900 Public Record
Oct 1, 1978 Sold $47,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $178,952 $95,476 $274,428 $86
2024 $178,952 $95,476 $274,428 $86
2023 $181,818 $88,263 $270,081 $86
2021 $134,353 $73,096 $207,449 $2,649
2020 $122,378 $72,372 $194,750 $2,522
2019 $114,203 $72,372 $186,575 $2,448
2018 $106,585 $68,276 $174,861 $2,323
2017 $100,822 $67,600 $168,422 $2,276
2016 $98,052 $67,600 $165,652 $2,223
2015 $95,294 $65,000 $160,294 $2,210
2014 $153,876 $2,150
2013 $148,800 $2,077
2012 $144,963 $1,993
2011 $147,474 $2,070
2010 $149,021 $2,042
2009 $158,090 $2,148
2008 $180,191 $2,330

Property facts

Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,477 sqft
Lot size
ZIP code
32578
City
Niceville
Street
Caribbean Way
Coordinates
30.48369, -86.42102

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
$2,732
Gross rental yield
9.11%
Implied cap rate
5.92%
Trend-extrapolated value

Frequently asked questions

When did 617 Caribbean Way last sell?
617 Caribbean Way most recently sold on Aug 3, 2022 for $360,000.
What is the current tax assessment for 617 Caribbean Way?
The most recent total assessment for 617 Caribbean Way (year 2025) is $274,428 with $86 in property tax.
How does 617 Caribbean Way's assessment compare to its last sale price?
The current assessment is 23.8% below the last sale price of $360,000.
When was 617 Caribbean Way built?
617 Caribbean Way was built in 1978.
How does 617 Caribbean Way compare to others on Caribbean Way?
We track 8 other properties on Caribbean Way. Browse the list under "Other properties on Caribbean Way" to compare beds, baths, and sale history.
What are the property facts for 617 Caribbean Way?
617 Caribbean Way is a 3 bed, 2 bath, 1,477 sqft single_family.
Is 617 Caribbean Way a flip candidate?
No — 617 Caribbean Way does not appear in our flips dataset.
Is 617 Caribbean Way a tax-appeal candidate?
No — 617 Caribbean 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
+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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