144 Oak Terrace Dr · Crestview, FL 32539

$200,000

3 bd · 2.0 ba · 1,008 sqft · SingleFamily public records · 197 Days on market

Built 1988 6,969 sqft lot $198/sqft · 14% below area Est $234k · 14% under

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Why this score? — see what drove the D+ 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).

• ARV discount +14.0/15.0
• Cash flow +13.3/30.0
• Schools +5.2/10.0
• DSCR +4.0/10.0
• 1% rule +3.8/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

UPDATE as of April 17th, 2026 - NOW PRICED BELOW MARKET VALUE (dare you to prove me wrong) | This is the most strategic sweat equity opportunity in Crestview, perfectly positioned for a family who wants to own their future instead of paying a landlord's mortgage. This isn't just a great investor project; it's a solid, move-in-ready home where the most expensive 'un-fun' updates are already behind you, like the brand new roof and new windows. The HVAC works, but it is old enough to deserve a respectful nod when you walk by. The kitchen is perfectly functional and also very ready for someone with vision, taste, or at least a Pinterest board. Step out back and the house stops being modest and starts showing off. The covered patio is huge, already set up with string lights, an outdoor sink, and an instant hot water tap that makes you feel like your backyard suddenly got fancy. The oversized garage and workshop is the main event, built like someone wanted a structure that could outlast the actual house. Contractors, hobbyists, gear junkies, and anyone with a side hustle will lose their minds over this space. There is also a heavy duty storage shed and two driveways, so parking your truck, trailer, or future boat is no longer a game of Tetris. The location nails it. South of I-10, close to Duke, Eglin, and Hurlburt, and a quick drive to restaurants, entertainment, and the kind of beaches people put on screensavers. The neighbors are the good kind, and short term rentals are allowed with no HOA, which is basically the Florida Dream Bundle. If you want a place that gives you serious functional value, tons of storage, space to work, and room to personalize the inside, this one is absolutely worth seeing.

Key facts

• Brand new roof
• Outdoor sink
• Covered patio

Tags

• BRAND NEW ROOF
• NEW WINDOWS
• COVERED PATIO
• OUTDOOR SINK
• INSTANT HOT WATER TAP
• OVERSIZED GARAGE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $1 ($10/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 $175k (12.5% below list).
• Recommended offer: $175k (12.5% below list) — sets the bar for 1% rule.
• Cap rate 6.3% 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 flat; 521 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $1k of loan paydown is wiped out by about $6k 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 197 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 22y ago; this cycle's ask has dropped $25k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $93k; list at $200k implies a 115% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $175,058 (12.5% below list)

Questions for the listing agent

1. It's been on market 197 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.88% ✗
• Cap rate: 6.30%
• Cash-on-cash: 0.02%
• DSCR: 1.00
• GRM: 9.5

CMA / ARV

• ARV (median comp): $233,611
• List price: $200,000
• Delta: -14.39%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
316 Green Oak Dr	0.09mi	3/2.0	998 (-1%)	7mo	$230,000	$230	88
149 Oak Terrace Dr	0.11mi	3/2.0	1,014 (+1%)	14mo	$232,000	$229	83
136 Oak Terrace Dr	0.05mi	3/2.0	1,058 (+5%)	9mo	$245,000	$232	82
185 Oak Terrace Dr	0.07mi	3/2.0	1,024 (+2%)	14mo	$251,400	$246	82
519 White Oak Ln	0.07mi	3/2.0	1,112 (+10%)	5mo	$234,900	$211	76
119 Oak Terrace Dr	0.20mi	3/2.0	1,156 (+15%)	12mo	$239,900	$208	57

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 · 0.12% rent growth · sell at horizon

5-year hold

• IRR: -19.6%
• Equity multiple: 0.33×
• Total profit: $-37,262
• Equity at exit: $29,821

10-year hold

• IRR: -20.0%
• Equity multiple: 0.08×
• Total profit: $-51,375
• Equity at exit: $17,292

Cash invested: $56,000 (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 32539

• Home prices YoY: -17.8%
• Rents YoY: 0.1%
• Active inventory: 521
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $1,751 high
• Mortgage (P&I): −$1,049
• Tax est. 1.5%: −$250 /mo · $3,000/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$368
• Net cashflow: $1

Break-even live

Break-even rent $1,750

Max offer price $200,000

Occupancy floor 95%

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4 Holly Rd Crestview, FL	3.0	2.0	1165	$1,725	$1.48	21d	1	0.86mi
4 Holly Rd Crestview, FL	3.0	2.0	1165	$1,725	$1.48	14d	1	0.86mi
301 E Redstone Ave Crestview, FL	1.0–3.0	1.0–2.0	1100	$2,202	$2.00	14d	20	0.88mi
342 Riverwood Dr Crestview, FL	1.0–2.0	1.0–2.0	862	$1,575	$1.83	14d	15	0.88mi
342 Riverwood Dr Crestview, FL	1.0–2.0	1.0–2.0	862	$1,575	$1.83	44d	1	0.88mi
200 Mirage Ave Crestview, FL	1.0–3.0	1.0–2.0	1100	$1,904	$1.73	14d	34	0.91mi
648 Alysheba Dr Crestview, FL	3.0	2.0	1341	$1,800	$1.34	21d	1	0.94mi
400 Brown Pl Crestview, FL	3.0	2.0	1224	$2,000	$1.63	44d	1	0.97mi
240 Swaying Pine Ct Crestview, FL	3.0	2.5	1356	$1,400	$1.03	44d	1	1.01mi
234 Swaying Pine Ct Crestview, FL	3.0	2.5	1440	$1,350	$0.94	44d	1	1.02mi
163 Swaying Pine Ct Crestview, FL	3.0	2.5	1356	$1,300	$0.96	44d	1	1.04mi
295 Limestone Cir Crestview, FL	3.0	2.0	1107	$1,625	$1.47	44d	1	1.05mi
147 Swaying Pine Ct Crestview, FL	3.0	2.5	1309	$1,395	$1.07	21d	1	1.06mi
143 Swaying Pine Ct Crestview, FL	3.0	2.5	1440	$1,450	$1.01	21d	1	1.07mi
365 Crooked Pine Trl Crestview, FL	3.0	2.5	1356	$1,350	$1.00	14d	1	1.09mi
347 Crooked Pine Trl Crestview, FL	3.0	2.5	1356	$1,500	$1.11	14d	1	1.11mi
111 Swaying Pine Ct Crestview, FL	3.0	2.5	1440	$1,300	$0.90	44d	1	1.11mi
343 Crooked Pine Trl Unit 1 Crestview, FL	3.0	2.5	1415	$1,350	$0.95	14d	1	1.12mi
2991 Windsor Cir Crestview, FL	3.0	2.0	1010	$1,600	$1.58	14d	1	1.25mi
2500 E Redstone Ave Crestview, FL	1.0–3.0	1.0–2.0	1428	$1,952	$1.37	13d	6	1.34mi
475 Aplin Rd Crestview, FL	1.0–2.0	1.0–2.0	764	$999	$1.31	44d	5	1.38mi
14 Flora Cv Crestview, FL	3.0	2.0	1357	$1,750	$1.29	21d	1	1.39mi
223 Johnson Ct #223 Crestview, FL	3.0	2.5	1496	$1,450	$0.97	44d	1	1.44mi
204 Johnson Ct Crestview, FL	3.0	2.5	1496	$1,450	$0.97	44d	1	1.48mi
202 Johnson Ct Crestview, FL	3.0	2.5	1496	$1,450	$0.97	44d	1	1.48mi

Listing history 21 events

1. 2026-06-13
   days on market $200,000 Active 197 DOM
2. 2026-06-10
   days on market $200,000 Active 195 DOM
3. 2026-06-09
   days on market $200,000 Active 194 DOM
4. 2026-06-08
   days on market $200,000 Active 193 DOM
5. 2026-06-07
   days on market $200,000 Active 192 DOM
6. 2026-06-05
   days on market $200,000 Active 189 DOM
7. 2026-06-02
   days on market $200,000 Active 187 DOM
8. 2026-06-01
   days on market $200,000 Active 186 DOM
9. 2026-05-31
   days on market $200,000 Active 185 DOM
10. 2026-05-30
    days on market $200,000 Active 184 DOM
11. 2026-05-11
    status Active 1724-char remark

    Show marketing remark (1724 chars)

    UPDATE as of April 17th, 2026 - NOW PRICED BELOW MARKET VALUE (dare you to prove me wrong) | This is the most strategic sweat equity opportunity in Crestview, perfectly positioned for a family who wants to own their future instead of paying a landlord's mortgage. This isn't just a great investor project; it's a solid, move-in-ready home where the most expensive 'un-fun' updates are already behind you, like the brand new roof and new windows. The HVAC works, but it is old enough to deserve a respectful nod when you walk by. The kitchen is perfectly functional and also very ready for someone with vision, taste, or at least a Pinterest board. Step out back and the house stops being modest and starts showing off. The covered patio is huge, already set up with string lights, an outdoor sink, and an instant hot water tap that makes you feel like your backyard suddenly got fancy. The oversized garage and workshop is the main event, built like someone wanted a structure that could outlast the actual house. Contractors, hobbyists, gear junkies, and anyone with a side hustle will lose their minds over this space. There is also a heavy duty storage shed and two driveways, so parking your truck, trailer, or future boat is no longer a game of Tetris. The location nails it. South of I-10, close to Duke, Eglin, and Hurlburt, and a quick drive to restaurants, entertainment, and the kind of beaches people put on screensavers. The neighbors are the good kind, and short term rentals are allowed with no HOA, which is basically the Florida Dream Bundle. If you want a place that gives you serious functional value, tons of storage, space to work, and room to personalize the inside, this one is absolutely worth seeing.

12. 2026-05-09
    historical 1724-char remark

    Show marketing remark (1724 chars)

    UPDATE as of April 17th, 2026 - NOW PRICED BELOW MARKET VALUE (dare you to prove me wrong) | This is the most strategic sweat equity opportunity in Crestview, perfectly positioned for a family who wants to own their future instead of paying a landlord's mortgage. This isn't just a great investor project; it's a solid, move-in-ready home where the most expensive 'un-fun' updates are already behind you, like the brand new roof and new windows. The HVAC works, but it is old enough to deserve a respectful nod when you walk by. The kitchen is perfectly functional and also very ready for someone with vision, taste, or at least a Pinterest board. Step out back and the house stops being modest and starts showing off. The covered patio is huge, already set up with string lights, an outdoor sink, and an instant hot water tap that makes you feel like your backyard suddenly got fancy. The oversized garage and workshop is the main event, built like someone wanted a structure that could outlast the actual house. Contractors, hobbyists, gear junkies, and anyone with a side hustle will lose their minds over this space. There is also a heavy duty storage shed and two driveways, so parking your truck, trailer, or future boat is no longer a game of Tetris. The location nails it. South of I-10, close to Duke, Eglin, and Hurlburt, and a quick drive to restaurants, entertainment, and the kind of beaches people put on screensavers. The neighbors are the good kind, and short term rentals are allowed with no HOA, which is basically the Florida Dream Bundle. If you want a place that gives you serious functional value, tons of storage, space to work, and room to personalize the inside, this one is absolutely worth seeing.

13. 2026-04-17
    price $200,000 1724-char remark

    Show marketing remark (1724 chars)

    UPDATE as of April 17th, 2026 - NOW PRICED BELOW MARKET VALUE (dare you to prove me wrong) | This is the most strategic sweat equity opportunity in Crestview, perfectly positioned for a family who wants to own their future instead of paying a landlord's mortgage. This isn't just a great investor project; it's a solid, move-in-ready home where the most expensive 'un-fun' updates are already behind you, like the brand new roof and new windows. The HVAC works, but it is old enough to deserve a respectful nod when you walk by. The kitchen is perfectly functional and also very ready for someone with vision, taste, or at least a Pinterest board. Step out back and the house stops being modest and starts showing off. The covered patio is huge, already set up with string lights, an outdoor sink, and an instant hot water tap that makes you feel like your backyard suddenly got fancy. The oversized garage and workshop is the main event, built like someone wanted a structure that could outlast the actual house. Contractors, hobbyists, gear junkies, and anyone with a side hustle will lose their minds over this space. There is also a heavy duty storage shed and two driveways, so parking your truck, trailer, or future boat is no longer a game of Tetris. The location nails it. South of I-10, close to Duke, Eglin, and Hurlburt, and a quick drive to restaurants, entertainment, and the kind of beaches people put on screensavers. The neighbors are the good kind, and short term rentals are allowed with no HOA, which is basically the Florida Dream Bundle. If you want a place that gives you serious functional value, tons of storage, space to work, and room to personalize the inside, this one is absolutely worth seeing.

14. 2026-03-04
    price $210,000 1724-char remark

    Show marketing remark (1724 chars)

    UPDATE as of April 17th, 2026 - NOW PRICED BELOW MARKET VALUE (dare you to prove me wrong) | This is the most strategic sweat equity opportunity in Crestview, perfectly positioned for a family who wants to own their future instead of paying a landlord's mortgage. This isn't just a great investor project; it's a solid, move-in-ready home where the most expensive 'un-fun' updates are already behind you, like the brand new roof and new windows. The HVAC works, but it is old enough to deserve a respectful nod when you walk by. The kitchen is perfectly functional and also very ready for someone with vision, taste, or at least a Pinterest board. Step out back and the house stops being modest and starts showing off. The covered patio is huge, already set up with string lights, an outdoor sink, and an instant hot water tap that makes you feel like your backyard suddenly got fancy. The oversized garage and workshop is the main event, built like someone wanted a structure that could outlast the actual house. Contractors, hobbyists, gear junkies, and anyone with a side hustle will lose their minds over this space. There is also a heavy duty storage shed and two driveways, so parking your truck, trailer, or future boat is no longer a game of Tetris. The location nails it. South of I-10, close to Duke, Eglin, and Hurlburt, and a quick drive to restaurants, entertainment, and the kind of beaches people put on screensavers. The neighbors are the good kind, and short term rentals are allowed with no HOA, which is basically the Florida Dream Bundle. If you want a place that gives you serious functional value, tons of storage, space to work, and room to personalize the inside, this one is absolutely worth seeing.

15. 2025-11-24
    listed $225,000 Active 1724-char remark

    Show marketing remark (1724 chars)

    UPDATE as of April 17th, 2026 - NOW PRICED BELOW MARKET VALUE (dare you to prove me wrong) | This is the most strategic sweat equity opportunity in Crestview, perfectly positioned for a family who wants to own their future instead of paying a landlord's mortgage. This isn't just a great investor project; it's a solid, move-in-ready home where the most expensive 'un-fun' updates are already behind you, like the brand new roof and new windows. The HVAC works, but it is old enough to deserve a respectful nod when you walk by. The kitchen is perfectly functional and also very ready for someone with vision, taste, or at least a Pinterest board. Step out back and the house stops being modest and starts showing off. The covered patio is huge, already set up with string lights, an outdoor sink, and an instant hot water tap that makes you feel like your backyard suddenly got fancy. The oversized garage and workshop is the main event, built like someone wanted a structure that could outlast the actual house. Contractors, hobbyists, gear junkies, and anyone with a side hustle will lose their minds over this space. There is also a heavy duty storage shed and two driveways, so parking your truck, trailer, or future boat is no longer a game of Tetris. The location nails it. South of I-10, close to Duke, Eglin, and Hurlburt, and a quick drive to restaurants, entertainment, and the kind of beaches people put on screensavers. The neighbors are the good kind, and short term rentals are allowed with no HOA, which is basically the Florida Dream Bundle. If you want a place that gives you serious functional value, tons of storage, space to work, and room to personalize the inside, this one is absolutely worth seeing.

16. 2004-07-09
    soldstatus $92,900
17. 2004-07-08
    soldstatus $92,900 1672-char remark

    Show marketing remark (1672 chars)

    This home really IS in excellent condition, definately ''move-in ready'' Victorian type trim on the front porch, etched glass front door (plus screen door)Interior has just been painted and prepared for the new owner. Room sizes below were measured with an ''electronic tape '' and overall square footage is from County Records. Good wall space in living room for furniture placement, cathedral ceiling, ceiling fan with light kit and custom drapes. Bay window (with blinds and drapes)in dining area adds a touch of charm plus extra space.Wall paper and tray ceiling are extra touches. For the plant lovers the garden window over the kitchen sink will be a plus, great spot to grow your own fresh herbs. An open deck (9.9x9.9)is located just outside the kitchen door (also has a screen door) Convenient area for the BBQ grill. Refrigerator with ice maker, washer and dryer all stay at list price. Security system is privately owned and will remain. Good functional floor plan, small hallway and 3 reasonably sized bedrooms, all have ceiling fans with light kits. Master Bathroom is divided into 2 seperate areas and there is a 5.6x4.4 walk-in closet off the vanity area. Wallpaper in both bathrooms, border trim in master bedroom. Secuirty light has been added in the back yard , this could be a great asset for evening use of the rear, privacy fence gives just that.........privacy! Metal storage shed/workshop in rear approx. 8x10. At list price seller will consider paying some closing costs for Buyer,loan at par, no prepaids, and provide the basic AON one year Warranty for the Buyers. All details of significance to Buyer(s) should be verified to their satisfaction.

18. 2004-07-08
    soldstatus $92,900 1672-char remark

    Show marketing remark (1672 chars)

    This home really IS in excellent condition, definately ''move-in ready'' Victorian type trim on the front porch, etched glass front door (plus screen door)Interior has just been painted and prepared for the new owner. Room sizes below were measured with an ''electronic tape '' and overall square footage is from County Records. Good wall space in living room for furniture placement, cathedral ceiling, ceiling fan with light kit and custom drapes. Bay window (with blinds and drapes)in dining area adds a touch of charm plus extra space.Wall paper and tray ceiling are extra touches. For the plant lovers the garden window over the kitchen sink will be a plus, great spot to grow your own fresh herbs. An open deck (9.9x9.9)is located just outside the kitchen door (also has a screen door) Convenient area for the BBQ grill. Refrigerator with ice maker, washer and dryer all stay at list price. Security system is privately owned and will remain. Good functional floor plan, small hallway and 3 reasonably sized bedrooms, all have ceiling fans with light kits. Master Bathroom is divided into 2 seperate areas and there is a 5.6x4.4 walk-in closet off the vanity area. Wallpaper in both bathrooms, border trim in master bedroom. Secuirty light has been added in the back yard , this could be a great asset for evening use of the rear, privacy fence gives just that.........privacy! Metal storage shed/workshop in rear approx. 8x10. At list price seller will consider paying some closing costs for Buyer,loan at par, no prepaids, and provide the basic AON one year Warranty for the Buyers. All details of significance to Buyer(s) should be verified to their satisfaction.

19. 2004-06-25
    listed $92,900 1672-char remark

    Show marketing remark (1672 chars)

    This home really IS in excellent condition, definately ''move-in ready'' Victorian type trim on the front porch, etched glass front door (plus screen door)Interior has just been painted and prepared for the new owner. Room sizes below were measured with an ''electronic tape '' and overall square footage is from County Records. Good wall space in living room for furniture placement, cathedral ceiling, ceiling fan with light kit and custom drapes. Bay window (with blinds and drapes)in dining area adds a touch of charm plus extra space.Wall paper and tray ceiling are extra touches. For the plant lovers the garden window over the kitchen sink will be a plus, great spot to grow your own fresh herbs. An open deck (9.9x9.9)is located just outside the kitchen door (also has a screen door) Convenient area for the BBQ grill. Refrigerator with ice maker, washer and dryer all stay at list price. Security system is privately owned and will remain. Good functional floor plan, small hallway and 3 reasonably sized bedrooms, all have ceiling fans with light kits. Master Bathroom is divided into 2 seperate areas and there is a 5.6x4.4 walk-in closet off the vanity area. Wallpaper in both bathrooms, border trim in master bedroom. Secuirty light has been added in the back yard , this could be a great asset for evening use of the rear, privacy fence gives just that.........privacy! Metal storage shed/workshop in rear approx. 8x10. At list price seller will consider paying some closing costs for Buyer,loan at par, no prepaids, and provide the basic AON one year Warranty for the Buyers. All details of significance to Buyer(s) should be verified to their satisfaction.

20. 2004-06-25
    listed $92,900 1672-char remark

    Show marketing remark (1672 chars)

    This home really IS in excellent condition, definately ''move-in ready'' Victorian type trim on the front porch, etched glass front door (plus screen door)Interior has just been painted and prepared for the new owner. Room sizes below were measured with an ''electronic tape '' and overall square footage is from County Records. Good wall space in living room for furniture placement, cathedral ceiling, ceiling fan with light kit and custom drapes. Bay window (with blinds and drapes)in dining area adds a touch of charm plus extra space.Wall paper and tray ceiling are extra touches. For the plant lovers the garden window over the kitchen sink will be a plus, great spot to grow your own fresh herbs. An open deck (9.9x9.9)is located just outside the kitchen door (also has a screen door) Convenient area for the BBQ grill. Refrigerator with ice maker, washer and dryer all stay at list price. Security system is privately owned and will remain. Good functional floor plan, small hallway and 3 reasonably sized bedrooms, all have ceiling fans with light kits. Master Bathroom is divided into 2 seperate areas and there is a 5.6x4.4 walk-in closet off the vanity area. Wallpaper in both bathrooms, border trim in master bedroom. Secuirty light has been added in the back yard , this could be a great asset for evening use of the rear, privacy fence gives just that.........privacy! Metal storage shed/workshop in rear approx. 8x10. At list price seller will consider paying some closing costs for Buyer,loan at par, no prepaids, and provide the basic AON one year Warranty for the Buyers. All details of significance to Buyer(s) should be verified to their satisfaction.

21. 1988-10-01
    soldstatus $44,300

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°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: $21,007
• − Mortgage interest: −$11,203
• − Property taxes: −$3,000
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,681
• − Management: −$1,681
• − Depreciation: −$5,818
• Taxable loss: −$3,375
• Est. tax savings @ 24.0%: +$810
• After-tax cash flow: $820/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): 33,290
• Household income: $74,369
• Rent vs Own: 21.7% rent · 78.3% own
• Severe rent burden: 371.0

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: Predominantly White (73%)
• Race & ethnicity: White 73% Black 12% Two or more races 8% Hispanic / Latino 7% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Lithuanian 4% Iranian 2% Romanian 2%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 3% Russian/Polish/Slavic 1% Other Asian/Pacific 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: ▼ -56.52%
• Current HPI: 261.1557
• Rent YoY: ▲ 0.12%
• 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

+351.5% since first listed

11 events — show timeline

• 2026-05-11 Relisted — ECAR
• 2026-05-09 Delisted — ECAR
• 2026-04-17 Price Changed $200,000 ECAR
• 2026-03-04 Price Changed $210,000 ECAR
• 2025-11-24 Listed $225,000 ECAR
• 2004-07-09 Sold (Public Records) $92,900 Public Records
• 2004-07-08 Sold (MLS) $92,900 NAMLS
• 2004-07-08 Sold (MLS) $92,900 ECAR
• 2004-06-25 Listed $92,900 NAMLS
• 2004-06-25 Listed $92,900 ECAR
• 1988-10-01 Sold (Public Records) $44,300 Public Records

Property tax history

-0.9%/yr

Latest (2025): $304 · +4.7% YoY. Source: county tax records.