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51 Cypress St

Santa Rosa Beach, FL 32459

2 bd 2 ba 1,096 sqft Built 1995 multi_family
Most recent sale
$510,000
Dec 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 9, 2022 Sold $510,000 NWFlorida
Nov 3, 2022 Price changed $519,000 NWFlorida
Oct 18, 2022 Listed $529,000 NWFlorida
Nov 30, 2020 Sold $322,500 NWFlorida
Mar 25, 2019 Listing removed $280,000 NWFlorida
Sep 26, 2018 Sold $280,000 NavarreBeach
Jul 31, 2018 Listed $290,000 NavarreBeach
Mar 15, 1995 Sold $78,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $277,400 $150,000 $427,400 $3,861
2023 $420,042 $420,042 $3,816
2022 $259,204 $2,754
2021 $235,640 $235,640 $2,280
2020 $207,265 $207,265 $2,069
2019 $203,198 $203,198 $2,017
2018 $168,094 $1,823
2017 $178,659 $178,659 $1,646
2016 $170,154 $170,154 $1,552
2015 $167,400 $167,400 $1,503
2014 $130,200 $1,268
2013 $105,400 $105,400 $1,088
2012 $94,885 $920
2011 $94,885 $912
2010 $94,885 $915
2009 $135,544 $1,215
2008 $221,464 $1,841
2007 $235,600 $1,940

Property facts

Year built
1995
Property type
multi_family
Stories
2
Beds
2
Baths
2
Living area
1,096 sqft
Lot size
ZIP code
32459
City
Santa Rosa Beach
Street
Cypress St
Coordinates
30.31285, -86.10480

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
$2,028
Gross rental yield
4.77%
Implied cap rate
3.10%
Trend-extrapolated value

Frequently asked questions

When did 51 Cypress St last sell?
51 Cypress St most recently sold on Dec 9, 2022 for $510,000.
What is the current tax assessment for 51 Cypress St?
The most recent total assessment for 51 Cypress St (year 2025) is $427,400 with $3,861 in property tax.
How does 51 Cypress St's assessment compare to its last sale price?
The current assessment is 16.2% below the last sale price of $510,000.
When was 51 Cypress St built?
51 Cypress St was built in 1995.
How does 51 Cypress St compare to others on Cypress St?
We track 8 other properties on Cypress St. Browse the list under "Other properties on Cypress St" to compare beds, baths, and sale history.
What are the property facts for 51 Cypress St?
51 Cypress St is a 2 bed, 2 bath, 1,096 sqft multi_family.
Is 51 Cypress St a flip candidate?
No — 51 Cypress St does not appear in our flips dataset.
Is 51 Cypress St a tax-appeal candidate?
No — 51 Cypress St 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
+2.9%
Implied 1-yr
+11.5%
2026 Q3
$1.91M
2026 Q4
$1.96M
ZIP 32459 — Median Price History + Forecast

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