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31 Palmeira Way

Santa Rosa Beach, FL 32459

4 bd 5 ba 3,500 sqft Built 2016 Lot 3,920 sqft single_family
Most recent sale
$1,601,000
Oct 14, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 5, 2023 Sold $2,000,000 EmeraldCoast
Nov 21, 2022 Listed $2,475,000 EmeraldCoast
Sep 16, 2022 Price changed $2,490,000 MLS #905269
Aug 4, 2022 Listed $2,595,000 MLS #905269
Apr 18, 2022 Listed $2,699,000 MLS #896062
Oct 14, 2021 Sold $1,601,000 Public Record
Oct 12, 2021 Sold $1,601,000 EmeraldCoast
Sep 6, 2021 Price changed $1,599,000 MLS #878810
Sep 3, 2021 Price changed $1,749,000 MLS #878810
Aug 17, 2021 Price changed $1,899,000 MLS #878810
Aug 11, 2021 Price changed $1,999,000 MLS #878810
Aug 6, 2021 Listed $2,199,000 MLS #878810
Feb 7, 2008 Sold $242,400 Public Record
Oct 20, 2004 Sold $490,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,263,327 $402,000 $1,665,327 $15,047
2023 $1,350,374 $424,000 $1,774,374 $16,122
2022 $1,374,944 $210,569 $1,585,513 $14,693
2021 $720,286 $153,480 $873,766 $8,458
2020 $692,614 $140,415 $833,029 $8,315
2019 $772,079 $7,847
2018 $701,890 $7,391
2017 $509,582 $128,500 $638,082 $6,324
2016 $103,576 $103,576 $1,036
2015 $96,800 $96,800 $941
2014 $88,000 $868
2013 $72,675 $72,675 $753
2012 $72,675 $705
2011 $76,500 $736
2010 $85,000 $819
2009 $183,750 $1,647
2008 $241,500 $2,008
2007 $355,000 $2,924

Property facts

Year built
2016
Property type
single_family
Stories
3
Beds
4
Baths
5
Living area
3,500 sqft
Lot size
3,920 sqft
ZIP code
32459
City
Santa Rosa Beach
Street
Palmeira Way
Coordinates
30.31196, -86.10932

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,475
Gross rental yield
4.85%
Implied cap rate
3.15%
Trend-extrapolated value

Frequently asked questions

When did 31 Palmeira Way last sell?
31 Palmeira Way most recently sold on Oct 14, 2021 for $1,601,000.
What is the current tax assessment for 31 Palmeira Way?
The most recent total assessment for 31 Palmeira Way (year 2025) is $1,665,327 with $15,047 in property tax.
How does 31 Palmeira Way's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $1,601,000.
When was 31 Palmeira Way built?
31 Palmeira Way was built in 2016.
How does 31 Palmeira Way compare to others on Palmeira Way?
We track 8 other properties on Palmeira Way. Browse the list under "Other properties on Palmeira Way" to compare beds, baths, and sale history.
What are the property facts for 31 Palmeira Way?
31 Palmeira Way is a 4 bed, 5 bath, 3,500 sqft, 3,920 sqft lot single_family.
Is 31 Palmeira Way a flip candidate?
Yes — 31 Palmeira Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 31 Palmeira Way a tax-appeal candidate?
No — 31 Palmeira Way 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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