NOT LISTED FOR SALE

550 Fairpoint Dr Gulf Breeze, FL 32561

Estimated Value: $549,000 - $675,222

3 Beds
2 Baths
2,509 Sq Ft
$241/Sq Ft Est. Value

Last Sold November 03, 2017

Last sale price $265,000 $106 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,495/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Solid Surface Countertops
  • Circular Driveway
  • Gulf Breeze Elementary School Rated A
  • No HOA
  • Patio

About This Home

As of November 2017

Located in the heart of Gulf Breeze Proper, this is a wonderful home for a family wanting to send their children to our wonderful Gulf Breeze schools. Your children can walk or ride their bikes to school, the recreation center is right around the corner. You will be minutes from Pensacola Beach or downtown Pensacola. This house has been a rental for quite some time and needs a little attention but will be a wonderful home. You can't beat the price for the "proper". There is a wonderful glassed sunroom for all year round use.

Last Agent to Sell the Property

OLIVIA PUGH

LPT Realty Listed on: 09/25/2017

Last Buyer's Agent

JEREMY JOHNSON

Levin Rinke Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,362

Year Built

  • Built in 1968

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions: 125
  • Back Yard Fenced

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,509 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room Downstairs
  • Combination Kitchen and Dining Room
  • Storm Doors

Kitchen

  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Circular Driveway

Outdoor Features

  • Patio

Schools

  • Gulf Breeze Elementary And Middle School
  • Gulf Breeze High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Casablanca Subdivision

Listing and Financial Details

  • Assessor Parcel Number 063S290540050000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,362

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 063S290540050000010
  • Property Type: Residential
  • Year Built: 1968
  • Electric: Copper Wiring
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.43
  • Lot Size: 125 X 150
  • Road Surface Type: Paved
  • Subdivision Name: Casablanca
  • Directions: From Highway 98, take Fairpoint. House will be on the right across from the Baptist Church.
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Dishwasher, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Flooring: Tile, Laminate
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Kitchen/Dining Combo
  • Living Room Living Room Level: First
  • Room Family Room Area: 356.416666
  • Master Bedroom Features: Ceiling Fan(s)
  • Room Family Room Level: First
  • Room Kitchen Features: Not Updated, Solid Surface Countertops
  • Room Living Room Area: 287.777777
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard
  • Lot Features: Central Access
  • Pool Features: None
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Carport, Circular Driveway
  • Total Parking Spaces: 1

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: W/D Hookups, Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Gulf Breeze
  • High School: Gulf Breeze
  • Middle Or Junior School: Gulf Breeze

Lot Info

  • Lot Size Sq Ft: 18730.8
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2025
Sold by
Cox James S and Cox Lila S
Bought by
Cox James S and Cox Lila S
Current Estimated Value
$605,806

Purchase Details

Listed on
Sep 25, 2017
Closed on
Nov 3, 2017
Sold by
Fitzgerald Carl M and Fitzgerald Florence C
Bought by
Cox James S and Cox Lila S
Seller's Agent
OLIVIA PUGH
LPT Realty
Buyer's Agent
JEREMY JOHNSON
Levin Rinke Realty
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$200,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
May 13, 2015
Sold by
Covington Robert Terrell
Bought by
Fitzgerald Carl M and Fitzgerald Florence C

Purchase Details

Closed on
Aug 1, 2008
Sold by
Covington Robert
Bought by
Covington John D and Covington Emma Glass Palmer

Purchase Details

Closed on
Apr 30, 2008
Sold by
Covington Robert and Covington Emma Glass Palmer
Bought by
Covington Robert and Emma Glass Palmer Covington Revocable Tr

Purchase Details

Closed on
Feb 27, 1996
Sold by
Covington John D and Covington Emma Glass
Bought by
Covington Emma Glass Palmer
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cox James S $100 None Listed On Document
Cox James S $265,000 Attorney
Fitzgerald Carl M $192,100 Attorney
Covington John D -- Attorney
Covington Robert -- Attorney
Covington Emma Glass Palmer -- --
Covington John D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cox James S $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2017 11/03/17 Sold $265,000 -3.6% $106 / Sq Ft
09/29/2017 09/29/17 For Sale $275,000 0.0% $110 / Sq Ft
09/29/2017 09/29/17 Price Changed $275,000 +3.8% $110 / Sq Ft
09/26/2017 09/26/17 Off Market $265,000 -- --
09/22/2017 09/22/17 For Sale $249,900 -- $100 / Sq Ft
Source: Pensacola Association of REALTORS®

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 $3,362 $296,972 -- --
2023 $3,362 $288,322 $0 $0
2022 $3,278 $279,924 $0 $0
2021 $3,253 $271,771 $0 $0
2020 $3,236 $268,019 $0 $0
2019 $2,899 $243,522 $0 $0
2018 $2,669 $224,400 $0 $0
2017 $3,036 $212,888 $0 $0
2016 $2,740 $183,344 $0 $0
2015 $2,549 $166,517 $0 $0
2014 -- $160,797 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 524542

Pensacola Association of REALTORS®

APN: 06-3S-29-0540-05000-0010