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555 Cove Dr, Fort Walton Beach, FL, 32547

$645,000

Home List Price

$7,659*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,066 SqFt
$312/SqFt
Townhouse
Schools Nearby

Location

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555 Cove Dr, Fort Walton Beach$645,000

Buyer Closing Credits

$7,659*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGarage, Boat
Garage1 space
Year Built1978
HeatingCentral
CoolingCentral Air
WaterfrontOther, Bayou
ViewBayou
MLS #945605
Lot Size0.11 Acres
StatusActive

About 555 Cove Dr

Boating and Fishing Enthusiasts! Rarely Available, Waterfront Townhome w/ Boat Slip & Lift! This spacious 2,066 sq. ft furnished townhome features 3 bedrooms, 2.1/2 baths and a 1 car garage. The seller has made many upgrades, including a beautifully updated kitchen w/ granite counter tops and stainless appliances, beautiful new shower, lots of storage, first and second floor water front decks, the HVAC unit was replaced 4 years ago and the roof has been recently replaced. The boat slip will accommodate a 30 boat and includes an 8,000 lb. capacity boat lift. The boat lift cables have been upgraded, replaced and well maintained. There is no active Home Owners Association, however the individual owners contribute $100. per month for boat dock maintenance.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1978
  • Stories: 2
  • Living Area: 2,066 SqFt

Listing Office:

  • Office Name: World Impact Real Estate
  • Office Email: rodney@worldimpactrealestate.info
  • Listing Agent: Robin E Parsons

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Electric Oven, Washer
  • Flooring Type: Tile, Carpet
  • Interior: Breakfast Bar, Washer/Dryer Hookups, Window Treatment(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Other, Bayou
  • View: Bayou
  • Exterior: Boat Slip, Boatlift, Deck Open, Dock

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Garage, Boat

Lot Features

Lot Information:

  • Lot: Seawall, Level
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Choctawhatchee Senior High School, Public District Grades 9-12
  • W. C. Pryor Middle School, Public District Grades 6-8
  • Northwest Florida Ballet Academie, Public District Grades 3-8
  • Shalimar Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Downtown Fort Walton, travel North on Eglin Parkway, cross over the Cinco Bayou bridge, turn left on Monahan, turn left on Cove Dr., Unit 555 is the first unit on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $645,000
  • Price Per SqFt: $312/SqFt

Tax Information:

  • Annual Amount: $2,833
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Fort Walton Beach, FL.

Med. Sold Price

$349.7K

Med. Price/SqFt

$232

Avg. Days On Market

53

# of Sold Homes

52

555 Cove Dr vs Fort Walton Beach

34 DAYS ON ROCKET

-19 Days

$645,000

+$295.2K More

$312/SqFt

+$79 More

KEY TAKEAWAY

This property is $295.2K more than the Median Sold Price and $79/SqFt more than other homes in Fort Walton Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #945605

Listing Office:

  • Office Name: World Impact Real Estate
  • Office Email: rodney@worldimpactrealestate.info
  • Listing Agent: Robin E Parsons

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 9:20:24 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,833$257,202
2018$3,227$243,160
2017$3,097$232,262

History based on county public records data.

Payment Calculator

$3,287

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,000

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2638082
5
/10
  • Shalimar Elementary School

  • 1350 Joe Martin Cir

  • 2.32 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2638083
4
/10
  • W. C. Pryor Middle School

  • 201 Racetrack Rd NW

  • 1.44 miles

  • Public District Grades 6-8

school-card-donut-2638084
10
/10
  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 1.95 miles

  • Public District Grades 3-8

High School

school-card-donut-2638085
5
/10
  • Choctawhatchee Senior High School

  • 110 Racetrack Rd NW

  • 1.55 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,626. The majority of Fort Walton Beach, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 555 Cove Dr

What is the listing price of this property?

The listing price of 555 Cove Dr property is $645,000.

What type of property is this?

The property 555 Cove Dr is a townhouse located in Fort Walton Beach, Florida, 32547.

Is this property for sale now?

Active Listing: 555 Cove Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 555 Cove Dr are:
Shalimar Elementary School: GreatSchools Rating 5/10
W. C. Pryor Middle School: GreatSchools Rating 4/10
Northwest Florida Ballet Academie: GreatSchools Rating 10/10
Choctawhatchee Senior High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,833 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 555 Cove Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 555 Cove Dr is 2,066 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 555 Cove Dr is 1978.

Rocket HomesFloridaOkaloosa CountyFort Walton Beach32547555 Cove Dr

This home is located at 555 Cove Dr in Fort Walton Beach, FL and zip code 32547. This 2,066 square foot home, which was built in 1978, sits on a 0.11 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $645,000.

In March 2024, from all listings sold in Fort Walton Beach, FL there were more than 6 sold above asking price, over 30 sold below and more than 16 were sold right at the asked price. The number of homes for sale in Fort Walton Beach, FL increased by 11.5% between February 2024 and March 2024. The median list price of listings available in March 2024 was $349,753, while the average time on the real estate market was 53 days.

From Rocket Homes Real Estate and based on county public records data.

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