$207,000 - $729,000
RENTED DEC 31, 2024

551 W Highway 98 Unit 4 Mary Esther, FL 32569

1 Bed
1 Bath
450 Sq Ft
$1,233 Price per Sq Ft

Highlights

  • 0.84 Acre Lot
  • Newly Painted Property
  • Living Room
  • Fort Walton Beach High School Rated A
  • Main Floor Primary Bedroom
  • Tile Flooring

About This Home

As of December 2024

NICE CLEAN DUPLEX LOCATED IN A QUAINT COTTAGE LIKE SETTING. VERY QUIET AND SHADED COMPLEX. Very CONVENIENT TO HURLBURT AS WELL AS MANY OTHER AREAS IN FWB. . UNIT IS FULLY TILED. WATER, SEWER AND GARBAGE ARE PAID BY THE OWNER WHICH WILL SAVE YOU $60 IN YOUR MONTHLY EXPENSES.THERE ARE NO LAUNDRY FACILITIES IN THE APARTMENT OR ON THE PROPERTY. THERE IS NO DISHWASHER. NO PETS ARE ALLOWED. TENANTS DO NOT HAVE ACCESS TO THE INTERCOASTAL WATERWAY BEHIND THE MAIN HOUSE. SORRY NO PETS ALLOWED THERE IS ONLY ONE PARKING SPACE AVAILABLE PER UNIT . LEASE TERM IS 10 MONTHS

Last Agent to Rent the Property

Annette Guin

Royal Palm Realty Service Inc License #642414 Listed on: 05/15/2024

Last Renter's Agent

Annette Guin

Royal Palm Realty Service Inc License #642414 Listed on: 05/15/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,185

Year Built

  • Built in 1952

Lot Details

  • 0.84 Acre Lot
  • Property fronts a private road

Home Design

  • Duplex
  • Newly Painted Property

Interior Spaces

  • 450 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room
  • Dining Room
  • Tile Flooring

Kitchen

  • Electric Oven or Range
  • Range Hood

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Schools

  • Mary Esther Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

  • Central Air

Community Details

  • Edgewater Apt Subdivision

Listing and Financial Details

  • 6 Month Lease Term
  • Assessor Parcel Number 16-2S-24-2630-0005-004B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,185

Year Built

Built in 1952

Lot Details

0

Rental Info

  • Lease Term: 6+ Months
  • Rental Info Lease Start Date: 2024-12-31

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.84
  • Road Frontage Type: Private Road
  • Subdivision Name: EDGEWATER APT
  • Directions: MARY ESTHER CUTOFF TO HWY 98 EAST.You take a left onto hwy 98 follow short distance to Edgwater apt. ( just past complex called pineview) COMPLEX IS ON THE RIGHT. (WATER SIDE OF THE ROAD)
  • Architectural Style: Duplex
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1952
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range Hood, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Floor Tile, Newly Painted, Window Treatment All
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Range Hood: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Construction Type: Block
  • ConstructionSiding:Block: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities Paid By Pest Control: Owner
  • Utilities Paid By Water Sewer: Owner
  • Utilities Paid By Garbage: Owner

Schools

  • Elementary School: Mary Esther
  • High School: Fort Walton Beach
  • Middle Or Junior School: Bruner

Lot Info

  • Lot Size Sq Ft: 36590.4
  • Parcel #: 16-2S-24-2630-0005-004B
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2018
Sold by
Papadopoulos Nicholas A and Papadopoulos Tanya
Bought by
Edgewater Rental Property Llc
Current Estimated Value
$554,739
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
Edgewater Rental Property Llc -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2024 12/31/24 Rented $1,150 0.0% --
06/24/2024 06/24/24 Price Changed $1,150 -4.2% $3 / Sq Ft
05/15/2024 05/15/24 For Rent $1,200 +9.1% --
06/23/2023 06/23/23 Rented $1,100 0.0% --
06/12/2023 06/12/23 For Rent $1,100 +39.2% --
02/25/2021 02/25/21 Rented $790 0.0% --
02/25/2021 02/25/21 Under Contract -- -- --
02/09/2021 02/09/21 For Rent $790 +11.3% --
02/08/2019 02/08/19 Rented $710 0.0% --
02/08/2019 02/08/19 Under Contract -- -- --
01/08/2019 01/08/19 For Rent $710 -2.1% --
07/20/2017 07/20/17 Rented $725 0.0% --
07/20/2017 07/20/17 Under Contract -- -- --
07/10/2017 07/10/17 For Rent $725 +16.0% --
01/08/2016 01/08/16 Rented $625 0.0% --
01/08/2016 01/08/16 Under Contract -- -- --
12/03/2015 12/03/15 For Rent $625 +5.0% --
01/05/2015 01/05/15 Rented $595 0.0% --
12/06/2014 12/06/14 Under Contract -- -- --
08/28/2014 08/28/14 For Rent $595 -- --
Source: Emerald Coast 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 $5,185 $395,499 $131,964 $263,535
2023 $5,185 $370,603 $119,793 $250,810
2022 $4,797 $345,563 $114,089 $231,474
2021 $4,354 $293,621 $101,865 $191,756
2020 $4,062 $276,315 $99,868 $176,447
2019 $3,697 $244,921 $76,822 $168,099
2018 $3,082 $213,158 $0 $0
2017 $2,918 $198,625 $0 $0
2016 $2,667 $186,999 $0 $0
2015 $2,504 $175,779 $0 $0
2014 $2,339 $172,592 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 949876

Emerald Coast Association of REALTORS®

APN: 16-2S-24-2630-0005-004B