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Niceville 32578
1118 48th Street
$555,000
↓ $20K (3.5%)
● House - For Sale

1118 48th Street

Niceville, FL 32578
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,144 Ft²
$2,764
Est. Monthly
6.27%
Cap Rate

About This Property

Step into this beautifully designed home featuring an open-concept layout that seamlessly connects the kitchen, dining, and living areas--perfect for both everyday living and entertaining. The kitchen offers stylish under-cabinet lighting, creating the ideal ambiance for cozy movie nights or intimate dinners. The spacious primary bathroom showcases a beautifully tiled walk-in shower complete with a rainfall showerhead, additional handheld sprayer, and built-in bench for a spa-like experience. A secondary bathroom also features a custom tiled shower with a convenient recessed shampoo niche.  Built with quality and efficiency in mind, this home includes impact-resistant windows, spray foam insulation in the attic for enhanced energy savings, and added attic decking to provide valuable storage space. All utilities are electric except for our range/oven which is gas. There is also an additional gas hook-up for a tankless water heater in the future. The whole home is also on a water softener.
Outside, you'll appreciate the fully fenced backyard offering privacy and plenty of room for children, pets, or outdoor gatherings. A sprinkler system and professionally maintained landscaping make lawn care simple, while underground utilities contribute to the neighborhood's clean, attractive streetscape.
Unit Size
2,144 Ft²
Days on Market
75 days
Land Size
0.34 acres
Price per sqft
$259
Property Type
House
Property Taxes
$38
HOA Dues
-
Year Built
1964

Listed By

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Last updated: 2 months ago (ECAR #1009546)

Price History

Date / Event Date Event Price
Sep 13, 2026 Price Decreased $555,000
↓ $20K (3.5%)
Price Decreased
Aug 10, 2026 Listed by Redfin Corporation $575,000
Listed by Redfin Corporation
Apr 29, 2025 Sold
Sold
Apr 4, 2025 In contract -
In contract
Mar 26, 2025 Price Decreased $499,900
↓ $10K (2%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Appliances: Refrigerator
Rooms: 6
Exterior Details
Square Footage: 2144
Property Condition: Construction Complete
Architectural Style: Traditional
Year Built: 2025
Building Area Total: 2144
Lot Size Area: 0.34
Lot Size Units: Acres
Lot Size Acres: 0.34
Lot Size Square Feet: 14810.4
Lot Size Dimensions: 0.1722
Financial Details
Tax Annual Amount: $457
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,506
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,535
  • Gross Building Area: 1,535
  • Building Area: 1,520
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,520
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALPARAISO P/C
  • Land Acres: 0000000517
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: VALPARAISO P/C 2 LOTS 6 THRU 8 BLK 31

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020900

Geography

  • Assessors Map Reference: 23
  • Parcel: 05-1S-22-256B-0031-0060
  • Block: 31
  • Lot: 6-8
  • Meridian: SEC 05 TWN 01S RNG 22W
  • Municipality: EAST NICEVILLE FIRE
  • Latitude: 30.5316
  • Longitude: -86.4694

    Address

  • Full Address: 1118 47th St
  • Address - House Number: 1118
  • Address - Street Name: 47th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Niceville
  • Carrier Code: C006
  • 4-Digit Zip Code: 1320
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 1,525
  • Tax Year: 2023
  • Tax Amount: $116,369
  • Tax Rate Code Area: 015

    Appraisal Valuation

  • Standard Deviation: 0.2092
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 292,598
  • High Value: 353,822
  • Low Value: 231,373

    Market Valuation

  • Market Total Value: $213,259
  • Market Land Value: $95,456
  • Market Improvement Value: $117,803

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,799

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 31, 2003
  • Current Sale Recording Date: Nov 26, 2003
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2077075
  • Previous Sale Recording Date: Nov 26, 2003
  • Previous Sale Contract Date: Oct 31, 2003
  • Previous Sale Amount: $66,700
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Niceville


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Frequently Asked Questions

When was property at 1118 48th Street built and last sold?
The property at 1118 48th Street was built in 1964 and last sold on Oct 31, 2003 for $33,400.
How much is this home worth?
The estimated value of the home located at 1118 48th Street is $560,180.
What are some comparable homes to 1118 48th Street?
There are currently no comparable homes to 1118 48th Street.