5587 Mill Race Cir
Pace, FL 32571
4 bd 3 ba 2,497 sqft Built 2017 Lot 17,860 sqft single_family
Most recent sale
$438,000
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 30, 2025 | Sold | $510,000 | Public Record |
| Nov 6, 2025 | Price changed | $495,000 | Pensacola |
| Oct 24, 2025 | Price changed | $497,500 | Pensacola |
| Sep 8, 2025 | Price changed | $499,999 | Pensacola |
| Aug 27, 2025 | Listed | $510,000 | Pensacola |
| Sep 30, 2022 | Sold | $438,000 | MLS #613483 |
| Sep 21, 2022 | Relisted | $435,000 | MLS #613483 |
| Jul 29, 2022 | Listed | $435,000 | MLS #613483 |
| Mar 27, 2017 | Sold | $269,000 | Public Record |
| Jan 21, 2017 | Listing removed | $268,960 | Pensacola |
| Dec 1, 2016 | Listed | $268,960 | MLS #511559 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $256,064 | $40,000 | $296,064 | $3,588 |
| 2021 | — | — | $251,030 | $3,591 |
| 2020 | $203,209 | $25,000 | $228,209 | $3,301 |
| 2019 | $187,789 | $25,000 | $212,789 | $3,093 |
| 2018 | $178,894 | $25,000 | $203,894 | $2,720 |
| 2017 | — | $25,000 | $25,000 | $506 |
| 2016 | — | $25,000 | $25,000 | $334 |
Property facts
Year built
2017
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,497 sqft
Lot size
17,860 sqft
ZIP code
32571
City
Pace
Street
Mill Race Cir
Coordinates
30.63843, -87.15733
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,619
Gross rental yield
12.65%
Implied cap rate
8.23%
Trend-extrapolated value
—
Frequently asked questions
When did 5587 Mill Race Cir last sell?
5587 Mill Race Cir most recently sold on Sep 30, 2022 for $438,000.
What is the current tax assessment for 5587 Mill Race Cir?
The most recent total assessment for 5587 Mill Race Cir (year 2022) is $296,064 with $3,588 in property tax.
How does 5587 Mill Race Cir's assessment compare to its last sale price?
The current assessment is 32.4% below the last sale price of $438,000.
When was 5587 Mill Race Cir built?
5587 Mill Race Cir was built in 2017.
How does 5587 Mill Race Cir compare to others on Mill Race Cir?
We track 8 other properties on Mill Race Cir. Browse the list under "Other properties on Mill Race Cir" to compare beds, baths, and sale history.
What are the property facts for 5587 Mill Race Cir?
5587 Mill Race Cir is a 4 bed, 3 bath, 2,497 sqft, 17,860 sqft lot single_family.
Is 5587 Mill Race Cir a flip candidate?
No — 5587 Mill Race Cir does not appear in our flips dataset.
Is 5587 Mill Race Cir a tax-appeal candidate?
No — 5587 Mill Race Cir is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.6%
Implied 1-yr
+10.6%
2026 Q3
$432.4K
2026 Q4
$442.2K
ZIP 32571 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Mill Race Cir