211 Annabelle Dr · Mary Esther, FL 32569

$299,900

4 bd · 2.0 ba · 1,753 sqft · SingleFamily public records · 62 Days on market

Built 1967 8,276 sqft lot $171/sqft · 9% below area Est $328k · 9% under

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +19.5/30.0
• ARV discount +11.4/15.0
• DSCR +6.2/10.0
• Schools +5.2/10.0
• 1% rule +4.5/10.0
• Livability +4.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Property being sold AS IS. BRING ALL OFFERS. MOTIVATED SELLER. Cozy 4 bedroom, 2 bathroom home in a well established neighborhood. Possible VA assumable. Neighborhood has sidewalks, street lights a park and no HOA. This property has easy access to schools, shopping, beaches and military bases (less than 5 minutes to Hurlburt Field). Home features a split floor plan with the master bedroom and master bath located off the living room to the right after entering the home. The remainder of the bedrooms are down the hallway to the left of the living room. The kitchen features updated appliances, cabinets and granite counter tops. Cabinets and drawers are easy close. Laundry room is located off the kitchen, with a door to the carport for easy access. Convenient for unloading groceries. Laundry Laundry room is large enough to be used for a mud room or pantry. The oversized family room is located in the rear of the home with sliding glass doors opening to the fenced back yard. Many upgrades to include: New roof in 2019. New gutters in 2023. Reverse Osmosis system in the kitchen for the refrigerator and separate tap on sink for drinking water. Ozone injection system installed for the washing machine hook up. Air purification system installed in 2022. Tank less water heater installed 2020. Smart home features Security system, thermostat, door locks, and emergency services. There is one storage shed in the back yard. The fenced yard includes an in ground fire pit and covered wood storage area. Multiple fruit trees are scattered throughout the property. Kids swing has been removed.

Key facts

• Street lights
• Sidewalks
• No hoa

Tags

• WELL ESTABLISHED NEIGHBORHOOD
• SIDEWALKS
• STREET LIGHTS
• PARK
• NO HOA
• EASY ACCESS TO SCHOOLS

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $300k.

Deal economics

• At list price, monthly cash flow is $341 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $284k (5.4% below list).
• Recommended offer: $282k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.7% vs local median 4.8% in Mary Esther — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 89/100 on livability (#2 in FL, #137 nationally) — a professional / high-income tenant draw. Strengths: crime A+, commute A+, cost of living A+.
• Okaloosa (other): math 60% / reading 60% proficiency, ranked #12 of 73 in FL (top 16%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents soft (-0.5%/yr); 175 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,268 units permitted in Okaloosa County in 2024 (175 in 5+ unit buildings).
• This rent runs 44% of the median local income ($78k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Okaloosa County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 62 days — a 6% lower offer ($282k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 11y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $247k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $281,906 (6.0% below list)

Questions for the listing agent

1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.95% ✗
• Cap rate: 7.66%
• Cash-on-cash: 4.87%
• DSCR: 1.22
• GRM: 8.8

CMA / ARV

• ARV (median comp): $328,203
• List price: $299,900
• Delta: -8.62%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14 Winfield Way	0.12mi	4/3.5	1,764 (+1%)	3mo	$440,000	$249	85
64 North St	0.21mi	3/2.5 (-1)	1,781 (+2%)	14mo	$384,999	$216	69
311 S Lorraine Dr	0.15mi	3/2.0 (-1)	1,660 (-5%)	15mo	$328,000	$198	67
2 Shamrock Dr	0.32mi	3/2.5 (-1)	1,769 (+1%)	16mo	$390,000	$220	63
136 Scottsdale Dr	0.25mi	3/2.0 (-1)	1,647 (-6%)	15mo	$345,000	$209	60
2 Pryor Dr	0.35mi	3/3.0 (-1)	1,796 (+2%)	13mo	$329,000	$183	60
30 Ashford Ct	0.65mi	3/2.0 (-1)	1,731 (-1%)	7mo	$435,000	$251	57
62 North St	0.22mi	3/2.5 (-1)	2,000 (+14%)	5mo	$317,000	$159	55
371 Angela Ln	0.69mi	3/2.0 (-1)	1,750 (-0%)	15mo	$355,000	$203	50
122 Pryor Dr	0.33mi	3/2.0 (-1)	1,580 (-10%)	20mo	$387,000	$245	47
14 Lakewood St	0.53mi	3/2.0 (-1)	1,573 (-10%)	13mo	$420,000	$267	42
331 Dawn Ln	0.69mi	4/2.0	2,012 (+15%)	14mo	$389,000	$193	31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -11.9%
• Equity multiple: 0.58×
• Total profit: $-35,276
• Equity at exit: $44,716

10-year hold

• IRR: -7.6%
• Equity multiple: 0.58×
• Total profit: $-35,158
• Equity at exit: $25,930

Cash invested: $83,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32569

• Home prices YoY: -26.5%
• Rents YoY: -0.5%
• Active inventory: 175
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $2,836 medium
• Mortgage (P&I): −$1,573
• Tax from tax record: −$202 /mo · $2,427/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$596
• Net cashflow: $341

Break-even live

Break-even rent $2,405

Max offer price $299,900

Occupancy floor 83%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $74,975
• Closing costs: $8,997
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
470 Brian Cir Mary Esther, FL	3.0	2.0	1875	$2,800	$1.49	44d	1	0.73mi
200 Page Bacon Rd Mary Esther, FL	1.0–3.0	1.0–2.0	1030	$2,588	$2.51	13d	18	0.81mi
1469 Bentley Cir Fort Walton Beach, FL	3.0	2.5	1882	$1,995	$1.06	21d	1	1.25mi
490 Soundview Ct Mary Esther, FL	3.0	2.5	1678	$3,200	$1.91	21d	1	1.37mi

Listing history 48 events

1. 2026-06-18
   days on market $299,900 Active 62 DOM
2. 2026-06-17
   days on market $299,900 Active 61 DOM
3. 2026-06-16
   days on market $299,900 Active 60 DOM
4. 2026-06-15
   days on market $299,900 Active 59 DOM
5. 2026-06-14
   days on market $299,900 Active 57 DOM
6. 2026-06-13
   days on market $299,900 Active 56 DOM
7. 2026-06-10
   days on market $299,900 Active 54 DOM
8. 2026-06-09
   days on market $299,900 Active 53 DOM
9. 2026-06-08
   days on market $299,900 Active 52 DOM
10. 2026-06-07
    days on market $299,900 Active 51 DOM
11. 2026-06-05
    days on market $299,900 Active 48 DOM
12. 2026-06-02
    days on market $299,900 Active 46 DOM
13. 2026-06-01
    days on market $299,900 Active 45 DOM
14. 2026-05-31
    days on market $299,900 Active 44 DOM
15. 2026-05-30
    days on market $299,900 Active 43 DOM
16. 2026-04-17
    listed $299,900 Active 1597-char remark

    Show marketing remark (1597 chars)

    Property being sold AS IS. BRING ALL OFFERS. MOTIVATED SELLER. Cozy 4 bedroom, 2 bathroom home in a well established neighborhood. Possible VA assumable. Neighborhood has sidewalks, street lights a park and no HOA. This property has easy access to schools, shopping, beaches and military bases (less than 5 minutes to Hurlburt Field). Home features a split floor plan with the master bedroom and master bath located off the living room to the right after entering the home. The remainder of the bedrooms are down the hallway to the left of the living room. The kitchen features updated appliances, cabinets and granite counter tops. Cabinets and drawers are easy close. Laundry room is located off the kitchen, with a door to the carport for easy access. Convenient for unloading groceries. Laundry Laundry room is large enough to be used for a mud room or pantry. The oversized family room is located in the rear of the home with sliding glass doors opening to the fenced back yard. Many upgrades to include: New roof in 2019. New gutters in 2023. Reverse Osmosis system in the kitchen for the refrigerator and separate tap on sink for drinking water. Ozone injection system installed for the washing machine hook up. Air purification system installed in 2022. Tank less water heater installed 2020. Smart home features Security system, thermostat, door locks, and emergency services. There is one storage shed in the back yard. The fenced yard includes an in ground fire pit and covered wood storage area. Multiple fruit trees are scattered throughout the property. Kids swing has been removed.

17. 2026-04-07
    status Active 1579-char remark

    Show marketing remark (1579 chars)

    PRICE REDUCTION. BRING ALL OFFERS. MOTIVATED SELLER. Cozy 4 bedroom, 2 bathroom home in a well established neighborhood. Possible VA assumable. Neighborhood has sidewalks, street lights a park and no HOA. This property has easy access to schools, shopping, beaches and military bases (less than 5 minutes to Hurlburt Field). Home features a split floor plan with the master bedroom and master bath located off the living room to the right after entering the home. The remainder of the bedrooms are down the hallway to the left of the living room. The kitchen features updated appliances, cabinets and granite counter tops. Cabinets and drawers are easy close. Laundry room is located off the kitchen, with a door to the carport for easy access. Convenient for unloading groceries. Laundry room is large enough to be used for a mud room or pantry. The oversized family room is located in the rear of the home with sliding glass doors opening to the fenced back yard. Many upgrades to include: New roof in 2019. New gutters in 2023. Reverse Osmosis system in the kitchen for the refrigerator and separate tap on sink for drinking water. Ozone injection system installed for the washing machine hook up. Air purification system installed in 2022. Tank less water heater installed 2020. Smart home features Security system, thermostat, door locks, and emergency services. There is one storage shed in the back yard. The fenced yard includes an in ground fire pit and covered wood storage area. Multiple fruit trees are scattered throughout the property. Kids swing has been removed.

18. 2026-04-03
    historical 1579-char remark

    Show marketing remark (1579 chars)

    PRICE REDUCTION. BRING ALL OFFERS. MOTIVATED SELLER. Cozy 4 bedroom, 2 bathroom home in a well established neighborhood. Possible VA assumable. Neighborhood has sidewalks, street lights a park and no HOA. This property has easy access to schools, shopping, beaches and military bases (less than 5 minutes to Hurlburt Field). Home features a split floor plan with the master bedroom and master bath located off the living room to the right after entering the home. The remainder of the bedrooms are down the hallway to the left of the living room. The kitchen features updated appliances, cabinets and granite counter tops. Cabinets and drawers are easy close. Laundry room is located off the kitchen, with a door to the carport for easy access. Convenient for unloading groceries. Laundry room is large enough to be used for a mud room or pantry. The oversized family room is located in the rear of the home with sliding glass doors opening to the fenced back yard. Many upgrades to include: New roof in 2019. New gutters in 2023. Reverse Osmosis system in the kitchen for the refrigerator and separate tap on sink for drinking water. Ozone injection system installed for the washing machine hook up. Air purification system installed in 2022. Tank less water heater installed 2020. Smart home features Security system, thermostat, door locks, and emergency services. There is one storage shed in the back yard. The fenced yard includes an in ground fire pit and covered wood storage area. Multiple fruit trees are scattered throughout the property. Kids swing has been removed.

19. 2025-10-06
    status Active 1579-char remark

    Show marketing remark (1579 chars)

    PRICE REDUCTION. BRING ALL OFFERS. MOTIVATED SELLER. Cozy 4 bedroom, 2 bathroom home in a well established neighborhood. Possible VA assumable. Neighborhood has sidewalks, street lights a park and no HOA. This property has easy access to schools, shopping, beaches and military bases (less than 5 minutes to Hurlburt Field). Home features a split floor plan with the master bedroom and master bath located off the living room to the right after entering the home. The remainder of the bedrooms are down the hallway to the left of the living room. The kitchen features updated appliances, cabinets and granite counter tops. Cabinets and drawers are easy close. Laundry room is located off the kitchen, with a door to the carport for easy access. Convenient for unloading groceries. Laundry room is large enough to be used for a mud room or pantry. The oversized family room is located in the rear of the home with sliding glass doors opening to the fenced back yard. Many upgrades to include: New roof in 2019. New gutters in 2023. Reverse Osmosis system in the kitchen for the refrigerator and separate tap on sink for drinking water. Ozone injection system installed for the washing machine hook up. Air purification system installed in 2022. Tank less water heater installed 2020. Smart home features Security system, thermostat, door locks, and emergency services. There is one storage shed in the back yard. The fenced yard includes an in ground fire pit and covered wood storage area. Multiple fruit trees are scattered throughout the property. Kids swing has been removed.

20. 2025-10-03
    historical 1579-char remark

    Show marketing remark (1579 chars)

    PRICE REDUCTION. BRING ALL OFFERS. MOTIVATED SELLER. Cozy 4 bedroom, 2 bathroom home in a well established neighborhood. Possible VA assumable. Neighborhood has sidewalks, street lights a park and no HOA. This property has easy access to schools, shopping, beaches and military bases (less than 5 minutes to Hurlburt Field). Home features a split floor plan with the master bedroom and master bath located off the living room to the right after entering the home. The remainder of the bedrooms are down the hallway to the left of the living room. The kitchen features updated appliances, cabinets and granite counter tops. Cabinets and drawers are easy close. Laundry room is located off the kitchen, with a door to the carport for easy access. Convenient for unloading groceries. Laundry room is large enough to be used for a mud room or pantry. The oversized family room is located in the rear of the home with sliding glass doors opening to the fenced back yard. Many upgrades to include: New roof in 2019. New gutters in 2023. Reverse Osmosis system in the kitchen for the refrigerator and separate tap on sink for drinking water. Ozone injection system installed for the washing machine hook up. Air purification system installed in 2022. Tank less water heater installed 2020. Smart home features Security system, thermostat, door locks, and emergency services. There is one storage shed in the back yard. The fenced yard includes an in ground fire pit and covered wood storage area. Multiple fruit trees are scattered throughout the property. Kids swing has been removed.

21. 2025-08-14
    price $299,900 1579-char remark

    Show marketing remark (1579 chars)

    PRICE REDUCTION. BRING ALL OFFERS. MOTIVATED SELLER. Cozy 4 bedroom, 2 bathroom home in a well established neighborhood. Possible VA assumable. Neighborhood has sidewalks, street lights a park and no HOA. This property has easy access to schools, shopping, beaches and military bases (less than 5 minutes to Hurlburt Field). Home features a split floor plan with the master bedroom and master bath located off the living room to the right after entering the home. The remainder of the bedrooms are down the hallway to the left of the living room. The kitchen features updated appliances, cabinets and granite counter tops. Cabinets and drawers are easy close. Laundry room is located off the kitchen, with a door to the carport for easy access. Convenient for unloading groceries. Laundry room is large enough to be used for a mud room or pantry. The oversized family room is located in the rear of the home with sliding glass doors opening to the fenced back yard. Many upgrades to include: New roof in 2019. New gutters in 2023. Reverse Osmosis system in the kitchen for the refrigerator and separate tap on sink for drinking water. Ozone injection system installed for the washing machine hook up. Air purification system installed in 2022. Tank less water heater installed 2020. Smart home features Security system, thermostat, door locks, and emergency services. There is one storage shed in the back yard. The fenced yard includes an in ground fire pit and covered wood storage area. Multiple fruit trees are scattered throughout the property. Kids swing has been removed.

22. 2025-06-05
    price $325,000 1579-char remark

    Show marketing remark (1579 chars)

    PRICE REDUCTION. BRING ALL OFFERS. MOTIVATED SELLER. Cozy 4 bedroom, 2 bathroom home in a well established neighborhood. Possible VA assumable. Neighborhood has sidewalks, street lights a park and no HOA. This property has easy access to schools, shopping, beaches and military bases (less than 5 minutes to Hurlburt Field). Home features a split floor plan with the master bedroom and master bath located off the living room to the right after entering the home. The remainder of the bedrooms are down the hallway to the left of the living room. The kitchen features updated appliances, cabinets and granite counter tops. Cabinets and drawers are easy close. Laundry room is located off the kitchen, with a door to the carport for easy access. Convenient for unloading groceries. Laundry room is large enough to be used for a mud room or pantry. The oversized family room is located in the rear of the home with sliding glass doors opening to the fenced back yard. Many upgrades to include: New roof in 2019. New gutters in 2023. Reverse Osmosis system in the kitchen for the refrigerator and separate tap on sink for drinking water. Ozone injection system installed for the washing machine hook up. Air purification system installed in 2022. Tank less water heater installed 2020. Smart home features Security system, thermostat, door locks, and emergency services. There is one storage shed in the back yard. The fenced yard includes an in ground fire pit and covered wood storage area. Multiple fruit trees are scattered throughout the property. Kids swing has been removed.

23. 2025-06-05
    price $225,000 1579-char remark

    Show marketing remark (1579 chars)

    PRICE REDUCTION. BRING ALL OFFERS. MOTIVATED SELLER. Cozy 4 bedroom, 2 bathroom home in a well established neighborhood. Possible VA assumable. Neighborhood has sidewalks, street lights a park and no HOA. This property has easy access to schools, shopping, beaches and military bases (less than 5 minutes to Hurlburt Field). Home features a split floor plan with the master bedroom and master bath located off the living room to the right after entering the home. The remainder of the bedrooms are down the hallway to the left of the living room. The kitchen features updated appliances, cabinets and granite counter tops. Cabinets and drawers are easy close. Laundry room is located off the kitchen, with a door to the carport for easy access. Convenient for unloading groceries. Laundry room is large enough to be used for a mud room or pantry. The oversized family room is located in the rear of the home with sliding glass doors opening to the fenced back yard. Many upgrades to include: New roof in 2019. New gutters in 2023. Reverse Osmosis system in the kitchen for the refrigerator and separate tap on sink for drinking water. Ozone injection system installed for the washing machine hook up. Air purification system installed in 2022. Tank less water heater installed 2020. Smart home features Security system, thermostat, door locks, and emergency services. There is one storage shed in the back yard. The fenced yard includes an in ground fire pit and covered wood storage area. Multiple fruit trees are scattered throughout the property. Kids swing has been removed.

24. 2025-01-31
    price $330,000 1579-char remark

    Show marketing remark (1579 chars)

    PRICE REDUCTION. BRING ALL OFFERS. MOTIVATED SELLER. Cozy 4 bedroom, 2 bathroom home in a well established neighborhood. Possible VA assumable. Neighborhood has sidewalks, street lights a park and no HOA. This property has easy access to schools, shopping, beaches and military bases (less than 5 minutes to Hurlburt Field). Home features a split floor plan with the master bedroom and master bath located off the living room to the right after entering the home. The remainder of the bedrooms are down the hallway to the left of the living room. The kitchen features updated appliances, cabinets and granite counter tops. Cabinets and drawers are easy close. Laundry room is located off the kitchen, with a door to the carport for easy access. Convenient for unloading groceries. Laundry room is large enough to be used for a mud room or pantry. The oversized family room is located in the rear of the home with sliding glass doors opening to the fenced back yard. Many upgrades to include: New roof in 2019. New gutters in 2023. Reverse Osmosis system in the kitchen for the refrigerator and separate tap on sink for drinking water. Ozone injection system installed for the washing machine hook up. Air purification system installed in 2022. Tank less water heater installed 2020. Smart home features Security system, thermostat, door locks, and emergency services. There is one storage shed in the back yard. The fenced yard includes an in ground fire pit and covered wood storage area. Multiple fruit trees are scattered throughout the property. Kids swing has been removed.

25. 2024-07-25
    price $335,000 1579-char remark

    Show marketing remark (1579 chars)

    PRICE REDUCTION. BRING ALL OFFERS. MOTIVATED SELLER. Cozy 4 bedroom, 2 bathroom home in a well established neighborhood. Possible VA assumable. Neighborhood has sidewalks, street lights a park and no HOA. This property has easy access to schools, shopping, beaches and military bases (less than 5 minutes to Hurlburt Field). Home features a split floor plan with the master bedroom and master bath located off the living room to the right after entering the home. The remainder of the bedrooms are down the hallway to the left of the living room. The kitchen features updated appliances, cabinets and granite counter tops. Cabinets and drawers are easy close. Laundry room is located off the kitchen, with a door to the carport for easy access. Convenient for unloading groceries. Laundry room is large enough to be used for a mud room or pantry. The oversized family room is located in the rear of the home with sliding glass doors opening to the fenced back yard. Many upgrades to include: New roof in 2019. New gutters in 2023. Reverse Osmosis system in the kitchen for the refrigerator and separate tap on sink for drinking water. Ozone injection system installed for the washing machine hook up. Air purification system installed in 2022. Tank less water heater installed 2020. Smart home features Security system, thermostat, door locks, and emergency services. There is one storage shed in the back yard. The fenced yard includes an in ground fire pit and covered wood storage area. Multiple fruit trees are scattered throughout the property. Kids swing has been removed.

26. 2024-07-12
    price $350,000 1579-char remark

    Show marketing remark (1579 chars)

    PRICE REDUCTION. BRING ALL OFFERS. MOTIVATED SELLER. Cozy 4 bedroom, 2 bathroom home in a well established neighborhood. Possible VA assumable. Neighborhood has sidewalks, street lights a park and no HOA. This property has easy access to schools, shopping, beaches and military bases (less than 5 minutes to Hurlburt Field). Home features a split floor plan with the master bedroom and master bath located off the living room to the right after entering the home. The remainder of the bedrooms are down the hallway to the left of the living room. The kitchen features updated appliances, cabinets and granite counter tops. Cabinets and drawers are easy close. Laundry room is located off the kitchen, with a door to the carport for easy access. Convenient for unloading groceries. Laundry room is large enough to be used for a mud room or pantry. The oversized family room is located in the rear of the home with sliding glass doors opening to the fenced back yard. Many upgrades to include: New roof in 2019. New gutters in 2023. Reverse Osmosis system in the kitchen for the refrigerator and separate tap on sink for drinking water. Ozone injection system installed for the washing machine hook up. Air purification system installed in 2022. Tank less water heater installed 2020. Smart home features Security system, thermostat, door locks, and emergency services. There is one storage shed in the back yard. The fenced yard includes an in ground fire pit and covered wood storage area. Multiple fruit trees are scattered throughout the property. Kids swing has been removed.

27. 2024-04-09
    listed $354,000 Active 1579-char remark

    Show marketing remark (1579 chars)

    PRICE REDUCTION. BRING ALL OFFERS. MOTIVATED SELLER. Cozy 4 bedroom, 2 bathroom home in a well established neighborhood. Possible VA assumable. Neighborhood has sidewalks, street lights a park and no HOA. This property has easy access to schools, shopping, beaches and military bases (less than 5 minutes to Hurlburt Field). Home features a split floor plan with the master bedroom and master bath located off the living room to the right after entering the home. The remainder of the bedrooms are down the hallway to the left of the living room. The kitchen features updated appliances, cabinets and granite counter tops. Cabinets and drawers are easy close. Laundry room is located off the kitchen, with a door to the carport for easy access. Convenient for unloading groceries. Laundry room is large enough to be used for a mud room or pantry. The oversized family room is located in the rear of the home with sliding glass doors opening to the fenced back yard. Many upgrades to include: New roof in 2019. New gutters in 2023. Reverse Osmosis system in the kitchen for the refrigerator and separate tap on sink for drinking water. Ozone injection system installed for the washing machine hook up. Air purification system installed in 2022. Tank less water heater installed 2020. Smart home features Security system, thermostat, door locks, and emergency services. There is one storage shed in the back yard. The fenced yard includes an in ground fire pit and covered wood storage area. Multiple fruit trees are scattered throughout the property. Kids swing has been removed.

28. 2020-04-15
    soldstatus $247,000
29. 2020-04-03
    soldstatus $247,000 Sold
30. 2020-04-03
    soldstatus $247,000
31. 2020-02-28
    status Pending
32. 2020-02-26
    listed $244,900 Active
33. 2020-02-24
    listed $244,900
34. 2018-04-02
    soldstatus $209,900
35. 2018-03-30
    soldstatus $209,900
36. 2018-03-30
    soldstatus $209,900
37. 2017-12-18
    listed $209,900
38. 2016-08-11
    soldstatus $184,900
39. 2016-08-10
    soldstatus $184,900
40. 2016-08-10
    soldstatus $184,900
41. 2016-04-16
    listed $184,900
42. 2015-11-02
    soldstatus $89,100
43. 2015-11-02
    soldstatus $89,100
44. 2015-11-02
    soldstatus $89,100
45. 2015-09-07
    listed $89,000
46. 2015-09-07
    listed $89,000
47. 1986-03-01
    soldstatus $59,000
48. 1977-01-01
    soldstatus $14,400

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $2,427 · $202/mo
• Projected year-2 tax: $2,489 · $207/mo
• Expected delta: +$62/yr (+$5/mo · 2.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 69% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥104°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,034
• − Mortgage interest: −$16,799
• − Property taxes: −$2,427
• − Insurance: −$1,500
• − Repairs & maintenance: −$2,723
• − Management: −$2,723
• − Depreciation: −$8,724
• Taxable loss: −$861
• Est. tax savings @ 24.0%: +$207
• After-tax cash flow: $4,295/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Okaloosa
• NCES district ID: 1201380
• Math proficiency: 60% ▼ -12.00%
• Reading proficiency: 60% ▼ -4.00%
• Median HH income: $55,601
• Composite: 51.62/100
• National rank: #1705
• State rank: #12 of 73 in FL

Livability — Mary Esther

• Score: 89/100
• State rank: #2
• US rank: #137

Category grades

Amenities C+ Commute A+ Cost of living A+ Crime A+ Employment B+ Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Mary Esther, FL
• County: Okaloosa County · 194,352 people
• City population: 12,063
• Metro: Crestview-Fort Walton Beach-Destin, FL
• Population (ZIP): 12,063
• Household income: $77,718
• Rent vs Own: 29.3% rent · 70.7% own
• Severe rent burden: 416.0

Population outlook (Okaloosa County) Hauer SSP2

• Today (2025): 235,133 people
• By 2030: 253,483 · +7.8%
• By 2040: 289,537 · +23.1%
• By 2050: 322,954 · +37.3%
• By 2075: 399,624 · +70.0%
• By 2100: 425,311 · +80.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 63% Two or more races 12% Black 12% Hispanic / Latino 9% Asian 8%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Slovak 5% Romanian 2% Lithuanian 2%
• Foreign-born: 5% · Canada, South Korea, China
• Languages at home: 89% English-only · Other Indo-European 4% Spanish 3% Tagalog/Filipino 1%

Political lean MEDSL · Okaloosa

• 2024 margin: Solid R (+42.4) · D 28.2% · R 70.7% · Other 1.1%
• 2008→2024 swing: +2.5pp toward D · 2008: -44.9pp · 2024: -42.4pp
• All cycles: 2024: R+42.4 2020: R+39.1 2016: R+47.8 2012: R+49.4 2008: R+44.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -97.13%
• Current HPI: 269.266
• Rent YoY: ▼ -0.45%
• Metro: Crestview-Fort Walton Beach-Destin, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+1982.6% since first listed

33 events — show timeline

• 2026-04-17 Listed $299,900 ECAR
• 2026-04-07 Relisted — CPARMLS
• 2026-04-03 Listing Removed — CPARMLS
• 2025-10-06 Relisted — CPARMLS
• 2025-10-03 Listing Removed — CPARMLS
• 2025-08-14 Price Changed $299,900 CPARMLS
• 2025-06-05 Price Changed $325,000 CPARMLS
• 2025-06-05 Price Changed $225,000 CPARMLS
• 2025-01-31 Price Changed $330,000 CPARMLS
• 2024-07-25 Price Changed $335,000 CPARMLS
• 2024-07-12 Price Changed $350,000 CPARMLS
• 2024-04-09 Listed $354,000 CPARMLS
• 2020-04-15 Sold (Public Records) $247,000 Public Records
• 2020-04-03 Sold (MLS) $247,000 NAMLS
• 2020-04-03 Sold (MLS) $247,000 ECAR
• 2020-02-28 Pending — ECAR
• 2020-02-26 Listed $244,900 ECAR
• 2020-02-24 Listed $244,900 NAMLS
• 2018-04-02 Sold (Public Records) $209,900 Public Records
• 2018-03-30 Sold (MLS) $209,900 NAMLS
• 2018-03-30 Sold (MLS) $209,900 ECAR
• 2017-12-18 Listed $209,900 NAMLS
• 2016-08-11 Sold (Public Records) $184,900 Public Records
• 2016-08-10 Sold (MLS) $184,900 NAMLS
• 2016-08-10 Sold (MLS) $184,900 ECAR
• 2016-04-16 Listed $184,900 NAMLS
• 2015-11-02 Sold (MLS) $89,100 PARMLS
• 2015-11-02 Sold (MLS) $89,100 NAMLS
• 2015-11-02 Sold (MLS) $89,100 ECAR
• 2015-09-07 Listed $89,000 PARMLS
• 2015-09-07 Listed $89,000 NAMLS
• 1986-03-01 Sold (Public Records) $59,000 Public Records
• 1977-01-01 Sold (Public Records) $14,400 Public Records

Property tax history

+4.3%/yr

Latest (2025): $2,427 · +3.3% YoY. Source: county tax records.