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975 Backwater Rd

Port Saint Joe, FL 32456

4 bd 2 ba 1,835 sqft Built 2024 Lot 5,227 sqft single_family
Most recent sale
$435,560
May 31, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2024 Sold $435,560 CPARMLS
May 30, 2024 Listing removed DRHorton
May 23, 2024 Price changed $435,560 DRHorton
May 17, 2024 Price changed $435,560 RAofFranklinandGulf
May 9, 2024 Price changed $460,560 DRHorton
May 8, 2024 Price changed $460,560 RAofFranklinandGulf
May 5, 2024 Price changed $470,560 DRHorton
Mar 19, 2024 Listed $468,535 DRHorton
Mar 5, 2024 Listed $468,535 RAofFranklinandGulf

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $401,116 $65,000 $466,116 $6,774
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
2
Living area
1,835 sqft
Lot size
5,227 sqft
ZIP code
32456
City
Port Saint Joe
Street
Backwater Rd
Coordinates
29.87070, -85.34115

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
$3,395
Gross rental yield
9.35%
Implied cap rate
6.08%
Trend-extrapolated value

Frequently asked questions

When did 975 Backwater Rd last sell?
975 Backwater Rd most recently sold on May 31, 2024 for $435,560.
What is the current tax assessment for 975 Backwater Rd?
The most recent total assessment for 975 Backwater Rd (year 2025) is $466,116 with $6,774 in property tax.
How does 975 Backwater Rd's assessment compare to its last sale price?
The current assessment is 7.0% above the last sale price of $435,560.
When was 975 Backwater Rd built?
975 Backwater Rd was built in 2024.
How does 975 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 975 Backwater Rd?
975 Backwater Rd is a 4 bed, 2 bath, 1,835 sqft, 5,227 sqft lot single_family.
Is 975 Backwater Rd a flip candidate?
No — 975 Backwater Rd does not appear in our flips dataset.
Is 975 Backwater Rd a tax-appeal candidate?
No — 975 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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