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198 Somerset Bridge Rd

Santa Rosa Beach, FL 32459

2 bd 3 ba 1,008 sqft Built 2006 multi_family
Most recent sale
$730,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $730,000 MLS #728480
May 1, 2020 Sold $357,000 Public Record
Feb 20, 2015 Sold $245,000 Public Record
Feb 16, 2015 Sold $245,000 EmeraldCoast
Jan 9, 2015 Price changed $259,000 MLS #717730
Nov 10, 2014 Listed $269,500 MLS #717730
Jun 19, 2013 Sold $208,000 Public Record
Jun 17, 2013 Sold $208,000 EmeraldCoast
May 7, 2013 Price changed $225,000 EmeraldCoast
Sep 30, 2011 Price changed $206,000 EmeraldCoast
Mar 31, 2011 Listed $212,000 EmeraldCoast
Dec 7, 2005 Sold $270,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $534,240 $534,240 $4,827
2023 $599,760 $599,760 $5,449
2022 $262,080 $262,080 $2,428
2021 $262,080 $262,080 $2,537
2020 $235,643 $2,486
2019 $214,221 $2,368
2018 $194,746 $194,746 $1,942
2017 $194,746 $194,746 $1,930
2016 $194,746 $194,746 $1,949
2015 $169,344 $169,344 $1,721
2014 $169,344 $1,746
2013 $133,056 $133,056 $1,328
2012 $110,880 $1,076
2011 $158,256 $1,523
2010 $158,256 $1,526
2009 $196,560 $1,762
2008 $229,000 $1,904

Property facts

Year built
2006
Property type
multi_family
Stories
2
Beds
2
Baths
3
Living area
1,008 sqft
Lot size
ZIP code
32459
City
Santa Rosa Beach
Street
Somerset Bridge Rd
Coordinates
30.31551, -86.11249

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
$4,380
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 198 Somerset Bridge Rd last sell?
198 Somerset Bridge Rd most recently sold on Jun 17, 2022 for $730,000.
What is the current tax assessment for 198 Somerset Bridge Rd?
The most recent total assessment for 198 Somerset Bridge Rd (year 2025) is $534,240 with $4,827 in property tax.
How does 198 Somerset Bridge Rd's assessment compare to its last sale price?
The current assessment is 26.8% below the last sale price of $730,000.
When was 198 Somerset Bridge Rd built?
198 Somerset Bridge Rd was built in 2006.
How does 198 Somerset Bridge Rd compare to others on Somerset Bridge Rd?
We track 8 other properties on Somerset Bridge Rd. Browse the list under "Other properties on Somerset Bridge Rd" to compare beds, baths, and sale history.
What are the property facts for 198 Somerset Bridge Rd?
198 Somerset Bridge Rd is a 2 bed, 3 bath, 1,008 sqft multi_family.
Is 198 Somerset Bridge Rd a flip candidate?
No — 198 Somerset Bridge Rd does not appear in our flips dataset.
Is 198 Somerset Bridge Rd a tax-appeal candidate?
No — 198 Somerset Bridge 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
+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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