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797 Backwater Rd

Port Saint Joe, FL 32456

4 bd 2 ba 1,774 sqft Built 2023 Lot 5,663 sqft single_family
Most recent sale
$434,335
Jul 31, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2024 Sold $550,000 CPARMLS
Apr 26, 2024 Listed $570,000 RAofFranklinandGulf
Jul 31, 2023 Sold $434,335 CPARMLS
Jun 14, 2023 Listed $464,335 RAofFranklinandGulf

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $325,582 $65,000 $390,582 $5,676
2023 $75,000 $75,000 $1,165
2022 $75,000 $75,000 $1,200

Property facts

Year built
2023
Property type
single_family
Stories
Beds
4
Baths
2
Living area
1,774 sqft
Lot size
5,663 sqft
ZIP code
32456
City
Port Saint Joe
Street
Backwater Rd
Coordinates
29.86655, -85.34019

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
$3,282
Gross rental yield
9.07%
Implied cap rate
5.89%
Trend-extrapolated value

Frequently asked questions

When did 797 Backwater Rd last sell?
797 Backwater Rd most recently sold on Jul 31, 2023 for $434,335.
What is the current tax assessment for 797 Backwater Rd?
The most recent total assessment for 797 Backwater Rd (year 2025) is $390,582 with $5,676 in property tax.
How does 797 Backwater Rd's assessment compare to its last sale price?
The current assessment is 10.1% below the last sale price of $434,335.
When was 797 Backwater Rd built?
797 Backwater Rd was built in 2023.
How does 797 Backwater Rd compare to others on Backwater Rd?
We track 8 other properties on Backwater Rd. Browse the list under "Other properties on Backwater Rd" to compare beds, baths, and sale history.
What are the property facts for 797 Backwater Rd?
797 Backwater Rd is a 4 bed, 2 bath, 1,774 sqft, 5,663 sqft lot single_family.
Is 797 Backwater Rd a flip candidate?
Yes — 797 Backwater Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 797 Backwater Rd a tax-appeal candidate?
No — 797 Backwater Rd 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
-1.2%
Implied 1-yr
-4.7%
2026 Q3
$505.9K
2026 Q4
$499.5K
ZIP 32456 — Median Price History + Forecast

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