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875 Backwater Rd

Port Saint Joe, FL 32456

4 bd 3 ba 2,197 sqft Built 2024 Lot 4,792 sqft single_family
Most recent sale
$449,900
Jul 29, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2024 Sold $449,900 RAofFranklinandGulf
Jul 14, 2024 Listing removed DRHorton
Jul 12, 2024 Price changed $449,900 DRHorton
Jul 11, 2024 Listed $458,845 DRHorton
Jul 11, 2024 Listing removed DRHorton
Jul 10, 2024 Price changed $458,845 DRHorton
Jul 9, 2024 Price changed $449,900 CPARMLS
Jul 8, 2024 Relisted $458,845 CPARMLS
Jul 8, 2024 Price changed $458,845 RAofFranklinandGulf
Jul 1, 2024 Listing removed CPARMLS
Jun 30, 2024 Price changed $478,845 DRHorton
Jun 25, 2024 Price changed $475,845 CPARMLS
Jun 5, 2024 Price changed $475,845 RAofFranklinandGulf
Jun 1, 2024 Price changed $497,820 CPARMLS
May 31, 2024 Price changed $497,820 RAofFranklinandGulf
May 15, 2024 Price changed $475,845 DRHorton
May 9, 2024 Price changed $498,820 DRHorton
May 8, 2024 Price changed $518,820 DRHorton
Mar 15, 2024 Price changed $493,820 DRHorton
Mar 13, 2024 Price changed $518,820 DRHorton
Mar 11, 2024 Price changed $518,820 RAofFranklinandGulf
Feb 11, 2024 Price changed $489,900 DRHorton
Feb 9, 2024 Price changed $489,900 CPARMLS
Jan 30, 2024 Price changed $518,820 DRHorton
Jan 24, 2024 Price changed $488,820 DRHorton
Jan 22, 2024 Price changed $488,820 RAofFranklinandGulf
Jan 20, 2024 Price changed $488,820 CPARMLS
Jan 17, 2024 Price changed $518,820 CPARMLS
Jan 7, 2024 Price changed $518,820 DRHorton
Jan 5, 2024 Listed $489,900 RAofFranklinandGulf
Jan 2, 2024 Listing removed RAofFranklinandGulf
Dec 16, 2023 Listed $489,900 DRHorton
Dec 1, 2023 Price changed $489,900 RAofFranklinandGulf
Nov 4, 2023 Price changed $499,900 CPARMLS
Nov 2, 2023 Price changed $499,900 RAofFranklinandGulf
Sep 15, 2023 Listed $518,820 RAofFranklinandGulf

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $365,294 $65,000 $430,294 $6,253
2023 $75,000 $75,000 $1,165
2022 $75,000 $75,000 $1,200

Property facts

Year built
2024
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,197 sqft
Lot size
4,792 sqft
ZIP code
32456
City
Port Saint Joe
Street
Backwater Rd
Coordinates
29.86845, -85.34081

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
$4,064
Gross rental yield
10.84%
Implied cap rate
7.05%
Trend-extrapolated value

Frequently asked questions

When did 875 Backwater Rd last sell?
875 Backwater Rd most recently sold on Jul 29, 2024 for $449,900.
What is the current tax assessment for 875 Backwater Rd?
The most recent total assessment for 875 Backwater Rd (year 2025) is $430,294 with $6,253 in property tax.
How does 875 Backwater Rd's assessment compare to its last sale price?
The current assessment is 4.4% below the last sale price of $449,900.
When was 875 Backwater Rd built?
875 Backwater Rd was built in 2024.
How does 875 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 875 Backwater Rd?
875 Backwater Rd is a 4 bed, 3 bath, 2,197 sqft, 4,792 sqft lot single_family.
Is 875 Backwater Rd a flip candidate?
No — 875 Backwater Rd does not appear in our flips dataset.
Is 875 Backwater Rd a tax-appeal candidate?
No — 875 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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