See Home Value
$750,000
● House - Off Market

140 Red Maple Way

Niceville, FL 32578
bedrooms
4 Beds
bathrooms
3 Baths
$4,103
Est. Monthly
2.89%
Cap Rate

About This Property

Price Improvement! Welcome to your dream home, a luxurious open-concept brick residence elegantly situated in the prestigious Bayshore Place. Surrounded by lush palm trees and a serene, protected forest, this exquisite single-story abode offers an oasis of tranquility and privacy. Spanning 2,621 square feet, this home is complemented by generously-sized living, dining, family, and laundry rooms. Revel in the sophisticated charm of hardwood floors and the timeless beauty of plantation shutters, all accentuated by built-in door blinds.  Dive into your private paradise with a 7,500-gallon saltwater screened-in pool, featuring a delightful  integral hot tub powered by a state-of-the-art heater.  Entertain on the elegant tiled lanai, accessible through classic French doors. The gourmet kitchen is a chef's delight, offering granite countertops, a smooth-top range/oven, microwave, and a convenient disposal system. A roof install August 2024 and a 50-gallon gas hot water heater in October 2024 respectively, ensure peace of mind with comprehensive warranties.  The HVAC systems were replaced in 2019 with a warranty through 2029.  A termite warranty is also in place.  Located just 6-10 minutes from Niceville's vibrant shopping district, you are within 15 minutes of both the airport and Eglin AFB, and a mere 20-minute drive to the sparkling beaches. Surrounding the home, beautifully landscaped grounds with concrete-curbed flowerbeds and an in-ground irrigation system enhance the home's allure and elegance.
Unit Size
-
Days on Market
85 days
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$370
HOA Dues
-
Year Built
2005

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Cap Rate Calculator

Last updated: 2 years ago (ECAR #969308)

Price History

Date / Event Date Event Price
May 20, 2025 Sold
Sold
Apr 12, 2025 In contract -
In contract
Mar 16, 2025 Price Decreased $760,000
↓ $10K (1.3%)
Price Decreased
Jan 31, 2025 Listed by ERA American Real Estate $770,000
Listed by ERA American Real Estate
Sep 29, 2005 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 825
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 125
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 13,168
  • Total Building Area: 4,041
  • Gross Building Area: 4,041
  • Building Area: 2,621
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,621
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAYSHORE PLACE
  • Land Acres: 0000000302
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: BAYSHORE PLACE PH IX LOT 87

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021102

Geography

  • Assessors Map Reference: MAP 8
  • Subdivision Phase Number: 9
  • Parcel: 16-1S-22-1008-0000-0870
  • Lot: 87
  • Meridian: SEC 16 TWN 01S RNG 22W
  • Municipality: NICEVILLE
  • Latitude: 30.4952
  • Longitude: -86.4602

    Address

  • Full Address: 140 Red Maple Way
  • Address - House Number: 140
  • Address - Street Name: Red Maple
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Niceville
  • Carrier Code: C003
  • 4-Digit Zip Code: 3741
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 3,298
  • Tax Year: 2023
  • Tax Amount: $444,570
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 737,022
  • High Value: 868,398
  • Low Value: 605,646

    Market Valuation

  • Market Total Value: $613,359
  • Market Land Value: $87,720
  • Market Improvement Value: $525,639

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378,210

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 13, 2005
  • Current Sale Recording Date: Sep 29, 2005
  • Current Sale Price:
  • Current Sale Document Type: 20
  • Current Sale Input Document Number: 2265765
  • Previous Sale Recording Date: Nov 03, 2004
  • Previous Sale Contract Date: Oct 28, 2004
  • Previous Sale Amount: $68,000
  • Previous Sale Document Type: 68
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 Bayshore Place


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Frequently Asked Questions

When was property at 140 Red Maple Way built and last sold?
The property at 140 Red Maple Way was built in 2005 and last sold on Sep 13, 2005 for $505,100.
How much is this home worth?
The estimated value of the home located at 140 Red Maple Way is $767,600.
What are some comparable homes to 140 Red Maple Way?
There are currently no comparable homes to 140 Red Maple Way.