1018 S Wilson St · Crestview, FL 32536

$140,000

3 bd · 1.0 ba · 1,032 sqft · SingleFamily public records · 21 Days on market

Built 1938 0.35 ac lot $136/sqft · 27% below area Est $191k · 27% under

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Why this score? — see what drove the B 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 +26.4/30.0
• ARV discount +15.0/15.0
• DSCR +9.0/10.0
• 1% rule +6.3/10.0
• Schools +5.2/10.0
• Livability +3.8/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Here's your chance to secure a smart investment in the heart of Crestview's Main Street area. This 3-bedroom, 1-bath home sits on a spacious lot and comes with an additional lot included—offering plenty of possibilities whether you're looking to renovate, build, rent, or flip. The house needs some cosmetic updates, but it's priced right for the condition and packed with potential. With solid bones and a great location, this property is a blank canvas just waiting for your personal touch. Whether you're an investor seeking strong cash flow or a buyer ready to create a dream home, this opportunity delivers serious upside. The extra lot can be used as additional yard space, split for future development, or kept for privacy. With no HOA, a clean title, and an as-is sale for a smooth closing, this property is ready for the right buyer. Plus, it's conveniently close to schools, shopping, and downtown Crestview. Opportunities like this don't come around often this property combines flexibility, value, and potential in one package. Bring your vision, your contractor, and your best offer because this one is ready for transformation and won't last long.

Key facts

• 0.35 acre lot
• Built 1938
• Listed 20 days

Property features AI

Finance

• Other: Zoned for single-family residential (City, Resid Single Family)
• HOA & community: Subdivision: GULF DRIVE

Exterior

• Utilities: Public water; Public sewer; Electric service; Other utilities
• Home design: Single-story house; Other architectural style; Built in 1938
• Construction: Appraiser-listed building area: 1,032 total building area
• Exterior features: Porch; Chain link fencing; City street frontage; Paved road access

Interior

• Kitchen: Microwave
• Bedrooms: 3 bedrooms (all on the first floor)
• Bathrooms: 1 full bathroom (on the first floor)
• Heating & cooling: Central heating; Central air conditioning; Electric heat controls
• Interior features: Living room on the first floor; 5 total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $368 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $138k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.4% vs local median 4.4% in Crestview — 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 75/100 on livability (#252 in FL, #3,858 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D, amenities F, commute F.
• 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 rising (+1.2%/yr); 349 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,268 units permitted in Okaloosa County in 2024 (175 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $968 of loan paydown is wiped out by about $4k 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 21 days — a 2% lower offer ($138k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 6y 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 $60k; list at $140k implies a 133% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1938 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $137,900 (1.5% below list)

Questions for the listing agent

1. Built in 1938 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.13% ✓
• Cap rate: 9.44%
• Cash-on-cash: 11.25%
• DSCR: 1.50
• GRM: 7.4

CMA / ARV

• ARV (median comp): $191,296
• List price: $140,000
• Delta: -26.82%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1018 S Wilson St	0.00mi	3/1.0	1,032 (0%)	11mo	$60,000	$58	90
228 Cross Dr	0.08mi	3/1.0	888 (-14%)	2mo	$37,500	$42	72
520 E Williams Ave	0.38mi	3/2.0	1,024 (-1%)	8mo	$199,900	$195	71
552 Reed Ave	0.40mi	3/1.0	960 (-7%)	1mo	$79,900	$83	69
420 E Williams Ave	0.31mi	3/2.0	1,106 (+7%)	4mo	$195,900	$177	66
393 Crossland St	0.47mi	3/2.0	1,030 (-0%)	10mo	$202,000	$196	66
873 S Brett St	0.30mi	3/2.0	1,150 (+11%)	3mo	$259,000	$225	61
504 Shortwell Ave	0.41mi	3/2.0	1,112 (+8%)	7mo	$209,900	$189	58
705 School Ave	0.57mi	2/1.0 (-1)	1,026 (-1%)	12mo	$90,000	$88	57
703 Brock Ave	0.59mi	3/1.0	1,121 (+9%)	4mo	$145,000	$129	55
114 Fairoaks Dr	0.71mi	3/2.0	1,091 (+6%)	0mo	$214,800	$197	53
695 E Bowers Ave	0.63mi	3/2.0	1,150 (+11%)	7mo	$250,000	$217	42

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 · 1.17% rent growth · sell at horizon

5-year hold

• IRR: -1.5%
• Equity multiple: 0.94×
• Total profit: $-2,160
• Equity at exit: $20,874

10-year hold

• IRR: 6.3%
• Equity multiple: 1.43×
• Total profit: $16,855
• Equity at exit: $12,105

Cash invested: $39,200 (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 32536

• Home prices YoY: -16.2%
• Rents YoY: 1.2%
• Active inventory: 349
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,578 high
• Mortgage (P&I): −$734
• Tax from tax record: −$86 /mo · $1,036/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$331
• Net cashflow: $368

Break-even live

Break-even rent $1,112

Max offer price $140,000

Occupancy floor 72%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
408 Church St Crestview, FL	2.0	2.0	1086	$1,200	$1.10	44d	1	0.26mi
204 Johnson Ct Crestview, FL	3.0	2.5	1496	$1,450	$0.97	44d	1	0.37mi
202 Johnson Ct Crestview, FL	3.0	2.5	1496	$1,450	$0.97	44d	1	0.37mi
401 S Booker St Crestview, FL	3.0	1.5	1040	$1,225	$1.18	44d	1	0.37mi
503 W Griffith Ave Crestview, FL	3.0	1.0	962	$1,395	$1.45	44d	1	0.38mi
223 Johnson Ct #223 Crestview, FL	3.0	2.5	1496	$1,450	$0.97	44d	1	0.39mi
816 W Walnut Ave Crestview, FL	3.0	2.0	1297	$1,595	$1.23	44d	1	0.63mi
475 Aplin Rd Crestview, FL	1.0–2.0	1.0–2.0	764	$999	$1.31	44d	5	0.67mi
812 E Edney Ave Crestview, FL	2.0	2.0	1024	$1,400	$1.37	44d	1	0.76mi
812 E Edney Ave Crestview, FL	2.0	2.0	1024	$1,400	$1.37	21d	1	0.76mi
398 N Spring St Crestview, FL	2.0	1.0	1200	$1,300	$1.08	44d	1	0.78mi
14 Flora Cv Crestview, FL	3.0	2.0	1357	$1,750	$1.29	21d	1	0.83mi
812 Carlton St Crestview, FL	3.0	2.5	1393	$1,495	$1.07	21d	1	0.90mi
301 E Redstone Ave Crestview, FL	1.0–3.0	1.0–2.0	1100	$2,202	$2.00	14d	20	1.01mi
178 Cabana Way Crestview, FL	4.0	2.0	1284	$1,800	$1.40	44d	1	1.13mi
168 Cabana Way Crestview, FL	3.0	2.0	1100	$1,700	$1.55	21d	1	1.15mi
4 Holly Rd Crestview, FL	3.0	2.0	1165	$1,725	$1.48	21d	1	1.21mi
4 Holly Rd Crestview, FL	3.0	2.0	1165	$1,725	$1.48	14d	1	1.21mi
156 Cabana Way Crestview, FL	4.0	2.0	1244	$1,800	$1.45	44d	1	1.23mi
132 Cabana Way Crestview, FL	3.0	2.0	1408	$1,750	$1.24	14d	1	1.26mi
295 Limestone Cir Crestview, FL	3.0	2.0	1107	$1,625	$1.47	44d	1	1.30mi
122 Hampton Dr Crestview, FL	2.0	1.5	1080	$1,195	$1.11	44d	1	1.32mi
122 Hampton Dr Unit 1 Crestview, FL	2.0	2.0	1080	$1,195	$1.11	44d	1	1.32mi
124 Hampton Dr Crestview, FL	2.0	1.5	952	$1,195	$1.26	21d	1	1.32mi
124 Hampton Dr Unit 1 Crestview, FL	2.0	1.5	952	$1,195	$1.26	44d	1	1.32mi
107 Hampton Dr Crestview, FL	2.0	1.5	972	$1,300	$1.34	21d	1	1.32mi
326 Dixie St Crestview, FL	3.0	1.0	1386	$1,400	$1.01	44d	1	1.33mi
111 Swaying Pine Ct Crestview, FL	3.0	2.5	1440	$1,300	$0.90	44d	1	1.36mi
143 Swaying Pine Ct Crestview, FL	3.0	2.5	1440	$1,450	$1.01	21d	1	1.41mi
147 Swaying Pine Ct Crestview, FL	3.0	2.5	1309	$1,395	$1.07	21d	1	1.42mi
343 Crooked Pine Trl Unit 1 Crestview, FL	3.0	2.5	1415	$1,350	$0.95	14d	1	1.42mi
3016 Aplin Rd Crestview, FL	3.0	2.0	1280	$1,400	$1.09	44d	1	1.43mi
347 Crooked Pine Trl Crestview, FL	3.0	2.5	1356	$1,500	$1.11	14d	1	1.43mi
498 North Ave E Unit A Crestview, FL	2.0	2.0	1081	$1,450	$1.34	44d	1	1.44mi
163 Swaying Pine Ct Crestview, FL	3.0	2.5	1356	$1,300	$0.96	44d	1	1.45mi
365 Crooked Pine Trl Crestview, FL	3.0	2.5	1356	$1,350	$1.00	14d	1	1.47mi

Listing history 17 events

1. 2026-05-05
   listed $140,000 Active 785-char remark
2. 2025-07-10
   soldstatus $60,000
3. 2025-07-09
   soldstatus $60,000 Sold 1169-char remark

   Show marketing remark (1169 chars)

   Here's your chance to secure a smart investment in the heart of Crestview's Main Street area. This 3-bedroom, 1-bath home sits on a spacious lot and comes with an additional lot included—offering plenty of possibilities whether you're looking to renovate, build, rent, or flip. The house needs some cosmetic updates, but it's priced right for the condition and packed with potential. With solid bones and a great location, this property is a blank canvas just waiting for your personal touch. Whether you're an investor seeking strong cash flow or a buyer ready to create a dream home, this opportunity delivers serious upside. The extra lot can be used as additional yard space, split for future development, or kept for privacy. With no HOA, a clean title, and an as-is sale for a smooth closing, this property is ready for the right buyer. Plus, it's conveniently close to schools, shopping, and downtown Crestview. Opportunities like this don't come around often this property combines flexibility, value, and potential in one package. Bring your vision, your contractor, and your best offer because this one is ready for transformation and won't last long.

4. 2025-07-02
   status Pending 1169-char remark

   Show marketing remark (1169 chars)

   Here's your chance to secure a smart investment in the heart of Crestview's Main Street area. This 3-bedroom, 1-bath home sits on a spacious lot and comes with an additional lot included—offering plenty of possibilities whether you're looking to renovate, build, rent, or flip. The house needs some cosmetic updates, but it's priced right for the condition and packed with potential. With solid bones and a great location, this property is a blank canvas just waiting for your personal touch. Whether you're an investor seeking strong cash flow or a buyer ready to create a dream home, this opportunity delivers serious upside. The extra lot can be used as additional yard space, split for future development, or kept for privacy. With no HOA, a clean title, and an as-is sale for a smooth closing, this property is ready for the right buyer. Plus, it's conveniently close to schools, shopping, and downtown Crestview. Opportunities like this don't come around often this property combines flexibility, value, and potential in one package. Bring your vision, your contractor, and your best offer because this one is ready for transformation and won't last long.

5. 2025-06-27
   price $65,000 1169-char remark

   Show marketing remark (1169 chars)

   Here's your chance to secure a smart investment in the heart of Crestview's Main Street area. This 3-bedroom, 1-bath home sits on a spacious lot and comes with an additional lot included—offering plenty of possibilities whether you're looking to renovate, build, rent, or flip. The house needs some cosmetic updates, but it's priced right for the condition and packed with potential. With solid bones and a great location, this property is a blank canvas just waiting for your personal touch. Whether you're an investor seeking strong cash flow or a buyer ready to create a dream home, this opportunity delivers serious upside. The extra lot can be used as additional yard space, split for future development, or kept for privacy. With no HOA, a clean title, and an as-is sale for a smooth closing, this property is ready for the right buyer. Plus, it's conveniently close to schools, shopping, and downtown Crestview. Opportunities like this don't come around often this property combines flexibility, value, and potential in one package. Bring your vision, your contractor, and your best offer because this one is ready for transformation and won't last long.

6. 2025-06-26
   status Active 1169-char remark

   Show marketing remark (1169 chars)

   Here's your chance to secure a smart investment in the heart of Crestview's Main Street area. This 3-bedroom, 1-bath home sits on a spacious lot and comes with an additional lot included—offering plenty of possibilities whether you're looking to renovate, build, rent, or flip. The house needs some cosmetic updates, but it's priced right for the condition and packed with potential. With solid bones and a great location, this property is a blank canvas just waiting for your personal touch. Whether you're an investor seeking strong cash flow or a buyer ready to create a dream home, this opportunity delivers serious upside. The extra lot can be used as additional yard space, split for future development, or kept for privacy. With no HOA, a clean title, and an as-is sale for a smooth closing, this property is ready for the right buyer. Plus, it's conveniently close to schools, shopping, and downtown Crestview. Opportunities like this don't come around often this property combines flexibility, value, and potential in one package. Bring your vision, your contractor, and your best offer because this one is ready for transformation and won't last long.

7. 2025-06-22
   status Pending 1169-char remark

   Show marketing remark (1169 chars)

   Here's your chance to secure a smart investment in the heart of Crestview's Main Street area. This 3-bedroom, 1-bath home sits on a spacious lot and comes with an additional lot included—offering plenty of possibilities whether you're looking to renovate, build, rent, or flip. The house needs some cosmetic updates, but it's priced right for the condition and packed with potential. With solid bones and a great location, this property is a blank canvas just waiting for your personal touch. Whether you're an investor seeking strong cash flow or a buyer ready to create a dream home, this opportunity delivers serious upside. The extra lot can be used as additional yard space, split for future development, or kept for privacy. With no HOA, a clean title, and an as-is sale for a smooth closing, this property is ready for the right buyer. Plus, it's conveniently close to schools, shopping, and downtown Crestview. Opportunities like this don't come around often this property combines flexibility, value, and potential in one package. Bring your vision, your contractor, and your best offer because this one is ready for transformation and won't last long.

8. 2025-06-09
   price $85,000 1169-char remark

   Show marketing remark (1169 chars)

   Here's your chance to secure a smart investment in the heart of Crestview's Main Street area. This 3-bedroom, 1-bath home sits on a spacious lot and comes with an additional lot included—offering plenty of possibilities whether you're looking to renovate, build, rent, or flip. The house needs some cosmetic updates, but it's priced right for the condition and packed with potential. With solid bones and a great location, this property is a blank canvas just waiting for your personal touch. Whether you're an investor seeking strong cash flow or a buyer ready to create a dream home, this opportunity delivers serious upside. The extra lot can be used as additional yard space, split for future development, or kept for privacy. With no HOA, a clean title, and an as-is sale for a smooth closing, this property is ready for the right buyer. Plus, it's conveniently close to schools, shopping, and downtown Crestview. Opportunities like this don't come around often this property combines flexibility, value, and potential in one package. Bring your vision, your contractor, and your best offer because this one is ready for transformation and won't last long.

9. 2025-04-30
   price $99,000 1169-char remark

   Show marketing remark (1169 chars)

   Here's your chance to secure a smart investment in the heart of Crestview's Main Street area. This 3-bedroom, 1-bath home sits on a spacious lot and comes with an additional lot included—offering plenty of possibilities whether you're looking to renovate, build, rent, or flip. The house needs some cosmetic updates, but it's priced right for the condition and packed with potential. With solid bones and a great location, this property is a blank canvas just waiting for your personal touch. Whether you're an investor seeking strong cash flow or a buyer ready to create a dream home, this opportunity delivers serious upside. The extra lot can be used as additional yard space, split for future development, or kept for privacy. With no HOA, a clean title, and an as-is sale for a smooth closing, this property is ready for the right buyer. Plus, it's conveniently close to schools, shopping, and downtown Crestview. Opportunities like this don't come around often this property combines flexibility, value, and potential in one package. Bring your vision, your contractor, and your best offer because this one is ready for transformation and won't last long.

10. 2025-01-07
    price $149,990 1169-char remark

    Show marketing remark (1169 chars)

    Here's your chance to secure a smart investment in the heart of Crestview's Main Street area. This 3-bedroom, 1-bath home sits on a spacious lot and comes with an additional lot included—offering plenty of possibilities whether you're looking to renovate, build, rent, or flip. The house needs some cosmetic updates, but it's priced right for the condition and packed with potential. With solid bones and a great location, this property is a blank canvas just waiting for your personal touch. Whether you're an investor seeking strong cash flow or a buyer ready to create a dream home, this opportunity delivers serious upside. The extra lot can be used as additional yard space, split for future development, or kept for privacy. With no HOA, a clean title, and an as-is sale for a smooth closing, this property is ready for the right buyer. Plus, it's conveniently close to schools, shopping, and downtown Crestview. Opportunities like this don't come around often this property combines flexibility, value, and potential in one package. Bring your vision, your contractor, and your best offer because this one is ready for transformation and won't last long.

11. 2024-07-30
    listed $179,990 Active 1169-char remark

    Show marketing remark (1169 chars)

    Here's your chance to secure a smart investment in the heart of Crestview's Main Street area. This 3-bedroom, 1-bath home sits on a spacious lot and comes with an additional lot included—offering plenty of possibilities whether you're looking to renovate, build, rent, or flip. The house needs some cosmetic updates, but it's priced right for the condition and packed with potential. With solid bones and a great location, this property is a blank canvas just waiting for your personal touch. Whether you're an investor seeking strong cash flow or a buyer ready to create a dream home, this opportunity delivers serious upside. The extra lot can be used as additional yard space, split for future development, or kept for privacy. With no HOA, a clean title, and an as-is sale for a smooth closing, this property is ready for the right buyer. Plus, it's conveniently close to schools, shopping, and downtown Crestview. Opportunities like this don't come around often this property combines flexibility, value, and potential in one package. Bring your vision, your contractor, and your best offer because this one is ready for transformation and won't last long.

12. 2020-10-23
    soldstatus $30,000

    Show marketing remark (298 chars)

    Here's Your Next Flip! Nice 3 bedroom 1 bath house conveniently located in Crestview! House is a bit dated so it could use some over all cosmetic updating, new floors, new windows, etc. It could also use a new roof. This house would be a perfect starter home or a performing cash flow property!

13. 2020-10-23
    soldstatus $30,000 Sold

    Show marketing remark (298 chars)

    Here's Your Next Flip! Nice 3 bedroom 1 bath house conveniently located in Crestview! House is a bit dated so it could use some over all cosmetic updating, new floors, new windows, etc. It could also use a new roof. This house would be a perfect starter home or a performing cash flow property!

14. 2020-10-20
    status Pending

    Show marketing remark (298 chars)

    Here's Your Next Flip! Nice 3 bedroom 1 bath house conveniently located in Crestview! House is a bit dated so it could use some over all cosmetic updating, new floors, new windows, etc. It could also use a new roof. This house would be a perfect starter home or a performing cash flow property!

15. 2020-10-13
    price $50,000

    Show marketing remark (298 chars)

    Here's Your Next Flip! Nice 3 bedroom 1 bath house conveniently located in Crestview! House is a bit dated so it could use some over all cosmetic updating, new floors, new windows, etc. It could also use a new roof. This house would be a perfect starter home or a performing cash flow property!

16. 2020-10-06
    listed $59,000 Active

    Show marketing remark (298 chars)

    Here's Your Next Flip! Nice 3 bedroom 1 bath house conveniently located in Crestview! House is a bit dated so it could use some over all cosmetic updating, new floors, new windows, etc. It could also use a new roof. This house would be a perfect starter home or a performing cash flow property!

17. 2020-10-06
    listed $50,000

    Show marketing remark (298 chars)

    Here's Your Next Flip! Nice 3 bedroom 1 bath house conveniently located in Crestview! House is a bit dated so it could use some over all cosmetic updating, new floors, new windows, etc. It could also use a new roof. This house would be a perfect starter home or a performing cash flow property!

ⓘ 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: $1,036 · $86/mo
• Projected year-2 tax: $1,162 · $97/mo
• Expected delta: +$126/yr (+$11/mo · 12.2%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 20 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: $18,932
• − Mortgage interest: −$7,842
• − Property taxes: −$1,036
• − Insurance: −$700
• − Repairs & maintenance: −$1,515
• − Management: −$1,515
• − Depreciation: −$4,073
• Taxable income: $2,253
• Est. tax owed @ 24.0%: −$541
• After-tax cash flow: $3,870/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 — Crestview

• Score: 75/100
• State rank: #252
• US rank: #3858

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Crestview, FL
• County: Okaloosa County · 194,352 people
• City population: 58,889
• Metro: Crestview-Fort Walton Beach-Destin, FL
• Population (ZIP): 25,599
• Household income: $78,119
• Rent vs Own: 29.0% rent · 71.0% own
• Severe rent burden: 634.0

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 0.56)
• Race & ethnicity: White 64% Black 16% Hispanic / Latino 12% Two or more races 9% Asian 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2% Dominican 1%
• Common ancestry: Lithuanian 2% Slovak 2% Italian 2%
• Foreign-born: 6% · Canada, South Korea
• Languages at home: 91% English-only · Spanish 7% 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: ▼ -51.48%
• Current HPI: 265.9926
• Rent YoY: ▲ 1.17%
• 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

+180.0% since first listed

17 events — show timeline

• 2026-05-05 Listed $140,000 ECAR
• 2025-07-10 Sold (Public Records) $60,000 Public Records
• 2025-07-09 Sold (MLS) $60,000 ECAR
• 2025-07-02 Pending — ECAR
• 2025-06-27 Price Changed $65,000 ECAR
• 2025-06-26 Relisted — ECAR
• 2025-06-22 Pending — ECAR
• 2025-06-09 Price Changed $85,000 ECAR
• 2025-04-30 Price Changed $99,000 ECAR
• 2025-01-07 Price Changed $149,990 ECAR
• 2024-07-30 Listed $179,990 ECAR
• 2020-10-23 Sold (MLS) $30,000 ECAR
• 2020-10-23 Sold (MLS) $30,000 NAMLS
• 2020-10-20 Pending — ECAR
• 2020-10-13 Price Changed $50,000 ECAR
• 2020-10-06 Listed $59,000 ECAR
• 2020-10-06 Listed $50,000 NAMLS

Property tax history

+5.6%/yr

Latest (2025): $1,036 · +10.3% YoY. Source: county tax records.