8056 Fir Tree Dr · East Milton, FL 32583

$314,900

4 bd · 2.0 ba · 1,846 sqft · SingleFamily public records · 133 Days on market

Built 2025 6,534 sqft lot Est $325k · at est. $51/mo HOA · 2% of rent ↓ 7% since listing

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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).

• Cash flow +9.5/30.0
• ARV discount +8.9/15.0
• Schools +5.3/10.0
• Livability +3.9/5.0
• Rent growth +3.6/5.0
• 1% rule +3.1/10.0
• DSCR +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

Key facts

• Lazy river
• Quartz countertops
• Pickle ball

Tags

• COMMUNITY POOL
• LAZY RIVER
• PICKLE BALL
• SMART HOME CONNECT SYSTEM
• STAINLESS STEEL APPLIANCES
• QUARTZ COUNTERTOPS

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $315k.

Deal economics

• At list price, monthly cash flow is $-220 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $283k (10.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $254k (19.3% below list).
• Recommended offer: $254k (19.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 77/100 on livability (#199 in FL, #3,139 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, amenities C-, commute F.
• Santa Rosa (suburban): math 63% / reading 60% proficiency, ranked #8 of 73 in FL (top 11%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: East Milton Elementary School (math 44% / reading 46%, grade D-, #1,271 of 2,144 statewide, top 60%, 789 students, 75% FRL); Milton High School (math 44% / reading 42%, grade F, #255 of 667 statewide, top 39%, 2,085 students, 54% FRL) — zoned schools average 64% FRL vs 36% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 44% at this address vs 62% district-wide (-18 pts) — the specific schools serving this property underperform the Santa Rosa average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising fast (+4.5%/yr); 806 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,983 units permitted in Santa Rosa County in 2024 (128 in 5+ unit buildings).
• This rent runs 36% of the median local income ($85k/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.
• Santa Rosa County population projected at +31% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 133 days — a 12% lower offer ($277k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $22k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $254,110 (19.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 133 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.81% ✗
• Cap rate: 5.46%
• Cash-on-cash: -2.99%
• DSCR: 0.87
• GRM: 10.3

CMA / ARV

• ARV (on-the-fly): $324,896
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8056 Fir Tree Dr	0.00mi	4/2.0	1,856 (+0%)	1mo	$314,900	$170	99
8167 Fox Hunt Dr	0.12mi	4/2.0	1,856 (+0%)	1mo	$319,900	$172	93
8051 Fox Hunt Dr	0.13mi	4/2.0	1,856 (+0%)	0mo	$326,900	$176	92
8098 Fox Hunt Dr	0.13mi	4/2.0	1,856 (+0%)	1mo	$320,500	$173	92
8039 Fox Hunt Dr	0.13mi	4/2.0	1,856 (+0%)	1mo	$326,900	$176	92
8151 Fox Hunt Dr	0.12mi	4/2.0	1,856 (+0%)	2mo	$319,710	$172	92
8166 Fox Hunt Dr	0.05mi	4/2.0	1,583 (-14%)	1mo	$289,325	$183	73
8134 Fox Hunt Dr	0.12mi	4/2.0	1,583 (-14%)	1mo	$284,900	$180	70
8159 Fox Hunt Dr	0.12mi	3/2.0 (-1)	1,631 (-12%)	2mo	$303,150	$186	69
8154 Fox Hunt Dr	0.16mi	4/2.0	1,583 (-14%)	2mo	$277,900	$176	67
8047 Fox Hunt Dr	0.13mi	5/3.0 (+1)	2,107 (+14%)	0mo	$339,900	$161	61
8035 Fox Hunt Dr	0.21mi	5/3.0 (+1)	2,107 (+14%)	1mo	$354,900	$168	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 · 4.53% rent growth · sell at horizon

5-year hold

• IRR: -19.5%
• Equity multiple: 0.31×
• Total profit: $-60,981
• Equity at exit: $46,953

10-year hold

• IRR: -9.3%
• Equity multiple: 0.39×
• Total profit: $-54,026
• Equity at exit: $27,227

Cash invested: $88,172 (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 32583

• Home prices YoY: -11.3%
• Rents YoY: 4.5%
• Active inventory: 806
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $2,541 medium
• Mortgage (P&I): −$1,651
• Tax est. 1.5%: −$394 /mo · $4,724/yr
• Insurance: −$131
• HOA: −$51
• Vacancy / Maint / Mgmt: −$534
• Net cashflow: $-220

Break-even live

Break-even rent $2,819

Max offer price $283,104

Occupancy floor —

Sensitivity live

Price	-10% $-2	-5% $-111	+0% $-220	+5% $-329	+10% $-437
Rent	-10% $-420	-5% $-320	+0% $-220	+5% $-119	+10% $-19
Rate	-1.0pp $-61	-0.5pp $-140	base $-220	+0.5pp $-301	+1.0pp $-384

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: $78,725
• Closing costs: $9,447
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8057 Fir Tree Dr Milton, FL	5.0	3.0	2107	$2,400	$1.14	24d	1	0.04mi
8617 Tarsus Dr Milton, FL	4.0	2.0	1830	$2,200	$1.20	24d	1	1.45mi
8616 Tarsus Dr Milton, FL	5.0	3.0	2554	$2,995	$1.17	24d	1	1.45mi

HOA detail

• Monthly dues: $51 · $612/yr
• Likely covers: waterpool

Listing history 20 events

1. 2026-03-17
   status Pending
2. 2025-12-31
   soldstatus $314,900 Sold 995-char remark

   Show marketing remark (995 chars)

   Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

3. 2025-11-25
   status Pending

   Show marketing remark (995 chars)

   Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

4. 2025-11-25
   status Pending 995-char remark

   Show marketing remark (995 chars)

   Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

5. 2025-11-20
   price $314,900
6. 2025-11-19
   price $314,900 995-char remark

   Show marketing remark (995 chars)

   Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

7. 2025-10-31
   price $319,900

   Show marketing remark (995 chars)

   Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

8. 2025-10-31
   price $319,900 995-char remark

   Show marketing remark (995 chars)

   Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

9. 2025-10-27
   price $321,900

   Show marketing remark (995 chars)

   Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

10. 2025-10-27
    price $321,900 995-char remark

    Show marketing remark (995 chars)

    Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

11. 2025-10-08
    price $319,900

    Show marketing remark (995 chars)

    Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

12. 2025-10-08
    price $319,900 995-char remark

    Show marketing remark (995 chars)

    Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

13. 2025-10-03
    price $328,900

    Show marketing remark (995 chars)

    Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

14. 2025-10-03
    price $328,900 995-char remark

    Show marketing remark (995 chars)

    Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

15. 2025-09-10
    price $329,900

    Show marketing remark (995 chars)

    Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

16. 2025-09-10
    price $329,900 995-char remark

    Show marketing remark (995 chars)

    Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

17. 2025-09-08
    price $334,900

    Show marketing remark (995 chars)

    Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

18. 2025-09-08
    price $334,900 995-char remark

    Show marketing remark (995 chars)

    Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

19. 2025-07-15
    listed $336,900 Active

    Show marketing remark (995 chars)

    Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

20. 2025-07-15
    listed $336,900 Active 995-char remark

    Show marketing remark (995 chars)

    Welcome to Blackwater Reserve! Brand NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The "BEAU" model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio and the 'Smart Home Connect 'System with a variety of convenient Smart Home devices you will love. NICE open living room with the dining area open to the kitchen and living room with lots of windows for natural lighting. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. A well-designed, sought-after floorplan offers many desirable amenities. Fabric Hurricane door and window protection is also included. Enjoy the stylish contemporary curb appeal in the rapidly growing area.

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

Taxation est. · year 1

• Rental income: $30,493
• − Mortgage interest: −$17,639
• − Property taxes: −$4,724
• − Insurance: −$1,574
• − Repairs & maintenance: −$2,439
• − Management: −$2,439
• − HOA: −$612
• − Depreciation: −$9,161
• Taxable loss: −$8,096
• Est. tax savings @ 24.0%: +$1,943
• After-tax cash flow: $-694/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: Santa Rosa
• NCES district ID: 1201650
• Math proficiency: 63% ▼ -6.00%
• Reading proficiency: 60% ▼ -5.00%
• Median HH income: $58,161
• Composite: 53.12/100
• National rank: #1511
• State rank: #8 of 73 in FL

Livability — East Milton

• Score: 77/100
• State rank: #199
• US rank: #3139

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: East Milton, FL
• County: Santa Rosa County · 194,764 people
• City population: 31,415
• Metro: Pensacola-Ferry Pass-Brent, FL
• Population (ZIP): 31,828
• Household income: $85,440
• Rent vs Own: 12.9% rent · 87.1% own
• Severe rent burden: 122.0

Population outlook (Santa Rosa County) Hauer SSP2

• Today (2025): 195,978 people
• By 2030: 209,782 · +7.0%
• By 2040: 235,293 · +20.1%
• By 2050: 256,408 · +30.8%
• By 2075: 298,074 · +52.1%
• By 2100: 303,216 · +54.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Black 11% Two or more races 10% Hispanic / Latino 6% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2% Cuban 1%
• Common ancestry: Italian 3% Slovak 2% Serbian 2%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 3%

Political lean MEDSL · Santa Rosa

• 2024 margin: Solid R (+51.0) · D 24.1% · R 75.0%
• 2008→2024 swing: -3.0pp toward R · 2008: -47.9pp · 2024: -51.0pp
• All cycles: 2024: R+51.0 2020: R+46.5 2016: R+53.5 2012: R+52.6 2008: R+47.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -38.35%
• Current HPI: 301.8819
• Rent YoY: ▲ 4.53%
• Metro: Pensacola-Ferry Pass-Brent, 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

-6.5% since first listed

20 events — show timeline

• 2026-03-17 Pending — ECAR
• 2025-12-31 Sold (MLS) $314,900 PARMLS
• 2025-11-25 Pending — ECAR
• 2025-11-25 Pending — PARMLS
• 2025-11-20 Price Changed $314,900 ECAR
• 2025-11-19 Price Changed $314,900 PARMLS
• 2025-10-31 Price Changed $319,900 ECAR
• 2025-10-31 Price Changed $319,900 PARMLS
• 2025-10-27 Price Changed $321,900 ECAR
• 2025-10-27 Price Changed $321,900 PARMLS
• 2025-10-08 Price Changed $319,900 ECAR
• 2025-10-08 Price Changed $319,900 PARMLS
• 2025-10-03 Price Changed $328,900 ECAR
• 2025-10-03 Price Changed $328,900 PARMLS
• 2025-09-10 Price Changed $329,900 ECAR
• 2025-09-10 Price Changed $329,900 PARMLS
• 2025-09-08 Price Changed $334,900 ECAR
• 2025-09-08 Price Changed $334,900 PARMLS
• 2025-07-15 Listed $336,900 PARMLS
• 2025-07-15 Listed $336,900 ECAR