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Niceville 32578 Palm Estates
1603 Date Palm Drive
$300,000
● House - Off Market

1603 Date Palm Drive

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths
$1,989
Est. Monthly

About This Property

Welcome to 1603 Date Palm Drive in Niceville, Florida - a beautifully renovated home in the heart of one of Okaloosa County's most desirable communities. Perfectly positioned in Niceville, this move-in-ready property blends modern upgrades, thoughtful renovations, and an unbeatable location near top-rated schools, bases, and the bay.

Step inside to discover a bright, open floor plan featuring new luxury vinyl plank flooring, fresh interior paint, updated lighting, and stylish fixtures throughout. The fully renovated kitchen is a showstopper with quartz countertops, stainless steel appliances, custom cabinetry, subway tile backsplash, and a spacious island perfect for entertaining. The primary suite offers a spa-inspired bathroom with a custom tile shower and modern finishes.

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Unit Size
-
Days on Market
34 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1975

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 7 months ago (ECAR #995795)

Price History

Date / Event Date Event Price
Apr 8, 2026 Sold
Premium
Sold
Mar 9, 2026 In contract -
In contract
Feb 19, 2026 Listed by Berkshire Hathaway Home Services PenFed Realty $343,900
Listed by Berkshire Hathaway Home Services PenFed Realty
Feb 27, 2019 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 377
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,374
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,996
  • Gross Building Area: 1,996
  • Building Area: 1,363
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,363
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALM EST
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: PALM EST UNIT #3 LOT 32 BLK 3

Neighborhood

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

Geography

  • Assessors Map Reference: 29
  • Parcel: 17-1S-22-4002-0003-0320
  • Block: 3
  • Lot: 32
  • Meridian: SEC 17 TWN 01S RNG 22W
  • Municipality: NICEVILLE
  • Latitude: 30.4985
  • Longitude: -86.4737

    Address

  • Full Address: 1603 Date Palm Dr
  • Legal Unit: 3
  • Address - House Number: 1603
  • Address - Street Name: Date Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Niceville
  • Carrier Code: C004
  • 4-Digit Zip Code: 3512
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 1,619
  • Tax Year: 2023
  • Tax Amount: $318,109
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.2027
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 343,642
  • High Value: 413,313
  • Low Value: 273,970

    Market Valuation

  • Market Total Value: $251,172
  • Market Land Value: $73,079
  • Market Improvement Value: $178,093

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,172
  • Assessed Land Value: $73,079
  • Assessed Improvements Value: $178,093

    Sales

  • Current Sale Contract Date: Feb 21, 2019
  • Current Sale Recording Date: Feb 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3261222
  • Previous Sale Recording Date: Feb 27, 2019
  • Previous Sale Contract Date: Feb 19, 2019
  • Previous Sale Document Type: 5
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Palm Estates

Stats & Trends

Median Asking:

$397,450

Sale Price/ft²

$258

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1584 ft²

Average Home Age

50.3 years

Currently For Sale

3 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Currently no nearby rentals
ECAR

Listed by: Joe M Fagundes, Berkshire Hathaway Home Services PenFed Realty
Last Updated: 7 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 995795
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 1603 Date Palm Drive built and last sold?
The property at 1603 Date Palm Drive was built in 1975 and last sold on Feb 21, 2019 for $199,900.
How much is this home worth?
The estimated value of the home located at 1603 Date Palm Drive is $347,339.
What are some comparable homes to 1603 Date Palm Drive?
There are currently no comparable homes to 1603 Date Palm Drive.
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