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108 Farrah Ave

Niceville, FL 32578

3 bd 3 ba 1,696 sqft Built 2007 Lot 1,307 sqft multi_family
Most recent sale
$300,000
Jun 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 15, 2026 Price changed $309,000 EmeraldCoast
Nov 4, 2025 Listed $318,000 EmeraldCoast
Jun 6, 2022 Sold $300,000 Public Record
Jun 1, 2022 Sold $295,000 EmeraldCoast
Apr 11, 2022 Listed $295,000 MLS #895197
May 6, 2021 Sold $230,800 Public Record
Apr 30, 2021 Sold $230,800 EmeraldCoast
Feb 16, 2021 Listed $230,000 MLS #864761
Mar 1, 2012 Listing removed $1,200 EmeraldCoast
Feb 10, 2012 Listed for rent $1,200 EmeraldCoast
Apr 26, 2007 Sold $239,900 Public Record
Jan 1, 1977 Sold $24,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $226,697 $30,300 $256,997 $3,528
2024 $226,697 $30,300 $256,997 $3,442
2023 $223,160 $30,300 $253,460 $3,378
2022 $189,008 $30,300 $219,308 $2,880
2021 $157,663 $30,300 $187,963 $2,538
2020 $171,406 $2,338
2019 $125,824 $30,000 $155,824 $2,145
2018 $112,223 $40,000 $152,223 $2,119
2017 $104,907 $40,000 $144,907 $2,023
2016 $88,390 $40,000 $128,390 $1,807
2015 $84,473 $40,000 $124,473 $1,798
2014 $121,647 $1,777
2013 $117,590 $1,731
2012 $114,200 $1,656
2011 $121,800 $1,796
2010 $129,436 $1,876
2009 $144,580 $2,085
2008 $188,226 $2,666
2007 $3,940 $56

Property facts

Year built
2007
Property type
multi_family
Stories
2
Beds
3
Baths
3
Living area
1,696 sqft
Lot size
1,307 sqft
ZIP code
32578
City
Niceville
Street
Farrah Ave
Coordinates
30.51322, -86.45867

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
$3,138
Gross rental yield
12.55%
Implied cap rate
8.16%
Trend-extrapolated value

Frequently asked questions

When did 108 Farrah Ave last sell?
108 Farrah Ave most recently sold on Jun 6, 2022 for $300,000.
What is the current tax assessment for 108 Farrah Ave?
The most recent total assessment for 108 Farrah Ave (year 2025) is $256,997 with $3,528 in property tax.
How does 108 Farrah Ave's assessment compare to its last sale price?
The current assessment is 14.3% below the last sale price of $300,000.
When was 108 Farrah Ave built?
108 Farrah Ave was built in 2007.
How does 108 Farrah Ave compare to others on Farrah Ave?
We track 8 other properties on Farrah Ave. Browse the list under "Other properties on Farrah Ave" to compare beds, baths, and sale history.
What are the property facts for 108 Farrah Ave?
108 Farrah Ave is a 3 bed, 3 bath, 1,696 sqft, 1,307 sqft lot multi_family.
Is 108 Farrah Ave a flip candidate?
Yes — 108 Farrah Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 108 Farrah Ave a tax-appeal candidate?
No — 108 Farrah Ave 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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