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498 Cove Ln

Port Saint Joe, FL 32456

4 bd 2 ba 1,387 sqft Built 2023 Lot 8,276 sqft single_family
Most recent sale
$2,921,096
Jul 6, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 30, 2024 Sold $348,210 CPARMLS
Apr 20, 2024 Price changed $348,210 DRHorton
Apr 11, 2024 Price changed $350,235 DRHorton
Mar 15, 2024 Price changed $348,210 CPARMLS
Mar 7, 2024 Listed $353,210 DRHorton
Jan 22, 2024 Listed $353,210 RAofFranklinandGulf
Dec 27, 2023 Listed $353,210 CPARMLS
Jul 6, 2023 Sold $2,921,096 Public Record
Apr 24, 2023 Sold $502,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $223,439 $40,000 $263,439 $3,155
2023 $40,000 $40,000 $621
2022 $5,460 $125

Property facts

Year built
2023
Property type
single_family
Stories
Beds
4
Baths
2
Living area
1,387 sqft
Lot size
8,276 sqft
ZIP code
32456
City
Port Saint Joe
Street
Cove Ln
Coordinates
29.77782, -85.28945

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
$17,527
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 498 Cove Ln last sell?
498 Cove Ln most recently sold on Jul 6, 2023 for $2,921,096.
What is the current tax assessment for 498 Cove Ln?
The most recent total assessment for 498 Cove Ln (year 2025) is $263,439 with $3,155 in property tax.
How does 498 Cove Ln's assessment compare to its last sale price?
The current assessment is 91.0% below the last sale price of $2,921,096.
When was 498 Cove Ln built?
498 Cove Ln was built in 2023.
How does 498 Cove Ln compare to others on Cove Ln?
We track 8 other properties on Cove Ln. Browse the list under "Other properties on Cove Ln" to compare beds, baths, and sale history.
What are the property facts for 498 Cove Ln?
498 Cove Ln is a 4 bed, 2 bath, 1,387 sqft, 8,276 sqft lot single_family.
Is 498 Cove Ln a flip candidate?
Yes — 498 Cove Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 498 Cove Ln a tax-appeal candidate?
No — 498 Cove Ln 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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