$440,000
SOLD JUN 23, 2025

502 Ninth St Port St. Joe, FL 32456

2 Beds
2 Baths
1,344 Sq Ft
8,500 Sq Ft Lot

Recently Sold

$327 Per Sq Ft

12% Below List Price

12 Days on Market

Highlights

  • Bay View
  • Florida Architecture
  • No HOA
  • Vaulted Ceiling
  • Corner Lot
  • Beamed Ceilings

About This Home

As of June 2025

Offered as a package, 502 & 504 9th Street present a unique investment opportunity with strong upside potential. Just over a block from the bay and in a golf-cart friendly area, both properties fall under R-2B zoning and in the short-term rental area of town. 504 9th Street is an updated 2-bedroom, 2-bath home featuring a large kitchen and living area ideal for entertaining, along with generous outdoor space and alley access for added convenience. Next door, 502 9th Street offers a blank canvas - with potential for a full residential remodel, guest house, and/or possibility for a small scale home occupation with the designated zoning. Whether you are looking to maximize rental income or create a custom investment strategy, this package delivers flexibility and location.

Last Agent to Sell the Property

Justin Cothran

Compass & Key, LLC Brokerage Email: 8502275807, info@compandkey.com License #3334729 Listed on: 05/26/2025

Last Buyer's Agent

Nonmember Nonmember

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,118

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 8,500 Sq Ft Lot
  • Lot Dimensions are 50 x 170
  • Corner Lot
  • Additional Parcels
  • Property is zoned R-2B, City,Residential Multi-Family,Residential Single Family

Home Design

  • Florida Architecture
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • Beamed Ceilings
  • Vaulted Ceiling
  • Recessed Lighting
  • Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Washer and Dryer Hookup
  • Bay Views

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway
  • Open Parking

Location

  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05094000R

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,118

Year Built

Built in 1970 | Remodeled

Lot Details

0

Listing Details

  • Attribution Contact: 8502275807, info@compandkey.com
  • Directions: From SR 71 turn onto Long Ave. Turn left onto 9th Street, see properties on right.
  • Prop. Type: Residential
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.1951
  • Lot Size: 50 x 170
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Florida
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 1970
  • NAV22_Room4Name: Additional Bedroom
  • NAV22_ResortRentalYN: No
  • NAV22_Room8Name: Utility Room
  • NAV22_Room3Name: Living Room
  • NAV22_Room7Name: Master Bath
  • NAV22_Room2Name: Dining Room
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Master Bedroom
  • NAV22_Room1Name: Kitchen
  • NAV22_Room5Name: Full Bath
  • NAV22_Room9Name: Carport
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range Hood, Refrigerator, Electric Oven, Electric Water Heater
  • Furnished: Unfurnished
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Renovated
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Living Area: 1344

Exterior Features

  • Lot Features: Aerials/Topo Available, Corner Lot, Flood Insurance Required, Within 1/2 Mile of Water
  • Roof: Metal
  • Pool Features: None
  • Pool Private: No
  • View: Water, Bay
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Foundation Details: Slab, On Grade
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Carport, Driveway
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric
  • Heating: Fireplace(s), Central Electric
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Internet Available, Natural Gas Available, Sewer Connected, Water Connected, City Trash
  • Laundry Features: Washer/Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R-2B
  • Lot Size Sq Ft: 8500
  • Additional Parcels Description: 05094-010R
  • Additional Parcels: Yes
  • Parcel #: 05094000R
  • Zoning Description: City,Residential Multi-Family,Residential Single Family

Rental Info

  • Lease Term: Short Term Lease

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2025
Closed on
Jun 23, 2025
Sold by
Ward Anita V and Ward James H
Bought by
Wally World Properties Llc
Seller's Agent
Justin Cothran
Compass & Key, LLC
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-88.95%

Purchase Details

Closed on
Jun 30, 2023
Sold by
Burke Andrew B
Bought by
Price Sandra D
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $440,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Sold $440,000 -11.8% $327 / Sq Ft
05/26/2025 05/26/25 For Sale $499,000 -- $371 / Sq Ft
Source: Forgotten Coast REALTOR® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,118 $75,019 $67,000 $8,019
2023 $1,057 $68,019 $60,000 $8,019
2022 $1,143 $71,412 $60,000 $11,412
2021 $975 $58,660 $32,000 $26,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 322083

Forgotten Coast REALTOR® Association

APN: 05094-010R