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248 Monarch Dr

Santa Rosa Beach, FL 32459

3 bd 2 ba 1,316 sqft Built 2000 Lot 11,761 sqft single_family
Most recent sale
$391,000
Apr 10, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 10, 2024 Sold $391,000 NWFlorida
Mar 9, 2024 Price changed $409,000 NWFlorida
Feb 29, 2024 Listed $449,999 NWFlorida
Jul 9, 2021 Listing removed RentlinxUnits
Jun 24, 2021 Listed for rent $3,400 RentlinxUnits
Mar 25, 2019 Listing removed $221,000 NWFlorida
Aug 2, 2018 Sold $221,000 Public Record
Aug 1, 2018 Listing removed CPARMLS
Jul 31, 2018 Listed $225,000 CPARMLS
Jun 29, 2018 Sold $221,000 CPARMLS
Apr 24, 2018 Listed $225,000 NavarreBeach
Dec 23, 2014 Sold $160,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $174,811 $114,000 $288,811 $2,609
2022 $138,248 $55,215 $193,463 $1,792
2021 $140,971 $1,000
2020 $139,025 $1,015
2019 $93,415 $42,484 $135,899 $978
2018 $91,089 $40,850 $131,939 $1,315
2017 $90,657 $41,800 $132,457 $1,309
2016 $89,693 $30,013 $119,706 $1,197
2015 $89,624 $28,050 $117,674 $1,196
2014 $117,076 $1,206
2013 $93,528 $14,364 $107,892 $1,119
2012 $107,892 $1,046
2011 $110,600 $1,064
2010 $112,280 $1,082
2009 $141,181 $1,265
2008 $185,906 $1,546
2007 $231,927 $1,910

Property facts

Year built
2000
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,316 sqft
Lot size
11,761 sqft
ZIP code
32459
City
Santa Rosa Beach
Street
Monarch Dr
Coordinates
30.37867, -86.30068

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
$2,435
Gross rental yield
7.47%
Implied cap rate
4.86%
Trend-extrapolated value

Frequently asked questions

When did 248 Monarch Dr last sell?
248 Monarch Dr most recently sold on Apr 10, 2024 for $391,000.
What is the current tax assessment for 248 Monarch Dr?
The most recent total assessment for 248 Monarch Dr (year 2025) is $288,811 with $2,609 in property tax.
How does 248 Monarch Dr's assessment compare to its last sale price?
The current assessment is 26.1% below the last sale price of $391,000.
When was 248 Monarch Dr built?
248 Monarch Dr was built in 2000.
How does 248 Monarch Dr compare to others on Monarch Dr?
We track 8 other properties on Monarch Dr. Browse the list under "Other properties on Monarch Dr" to compare beds, baths, and sale history.
What are the property facts for 248 Monarch Dr?
248 Monarch Dr is a 3 bed, 2 bath, 1,316 sqft, 11,761 sqft lot single_family.
Is 248 Monarch Dr a flip candidate?
No — 248 Monarch Dr does not appear in our flips dataset.
Is 248 Monarch Dr a tax-appeal candidate?
No — 248 Monarch Dr 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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