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702 Caribbean Way

Niceville, FL 32578

3 bd 2 ba 1,634 sqft Built 1989 Lot 13,447 sqft single_family
Most recent sale
$417,000
May 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2022 Sold $417,000 Public Record
May 10, 2022 Sold $417,000 EmeraldCoast
Apr 4, 2022 Listed $399,900 MLS #894710
Jun 21, 2019 Price changed $327,000 MLS #818793
May 27, 2019 Price changed $332,900 MLS #818793
May 22, 2019 Price changed $334,900 MLS #818793
May 5, 2019 Price changed $339,900 MLS #818793
Apr 4, 2019 Price changed $349,900 MLS #818793
Mar 22, 2019 Listed $359,900 MLS #818793
Aug 14, 2015 Sold $268,000 MLS #735818
Jul 11, 2015 Listed $268,000 MLS #735818
Jun 24, 2002 Sold $148,000 Public Record
Jun 17, 1999 Sold $135,500 Public Record
Aug 16, 1995 Sold $119,900 Public Record
Feb 1, 1989 Sold $93,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $206,362 $95,476 $301,838 $3,125
2024 $206,362 $95,476 $301,838 $3,113
2023 $212,141 $88,263 $300,404 $3,144
2022 $200,571 $2,029
2021 $194,729 $2,021
2020 $192,040 $2,011
2019 $187,722 $1,981
2018 $184,222 $1,959
2017 $112,833 $67,600 $180,433 $1,942
2016 $110,109 $67,600 $177,709 $1,901
2015 $159,933 $1,717
2014 $158,664 $1,722
2013 $156,319 $1,689
2012 $153,706 $1,629
2011 $156,366 $1,703
2010 $158,019 $1,684
2009 $167,392 $1,802
2008 $168,584 $1,724
2007 $163,674 $1,854

Property facts

Year built
1989
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,634 sqft
Lot size
13,447 sqft
ZIP code
32578
City
Niceville
Street
Caribbean Way
Coordinates
30.48101, -86.41913

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
$3,023
Gross rental yield
8.70%
Implied cap rate
5.65%
Trend-extrapolated value

Frequently asked questions

When did 702 Caribbean Way last sell?
702 Caribbean Way most recently sold on May 11, 2022 for $417,000.
What is the current tax assessment for 702 Caribbean Way?
The most recent total assessment for 702 Caribbean Way (year 2025) is $301,838 with $3,125 in property tax.
How does 702 Caribbean Way's assessment compare to its last sale price?
The current assessment is 27.6% below the last sale price of $417,000.
When was 702 Caribbean Way built?
702 Caribbean Way was built in 1989.
How does 702 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 702 Caribbean Way?
702 Caribbean Way is a 3 bed, 2 bath, 1,634 sqft, 13,447 sqft lot single_family.
Is 702 Caribbean Way a flip candidate?
No — 702 Caribbean Way does not appear in our flips dataset.
Is 702 Caribbean Way a tax-appeal candidate?
No — 702 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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