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Okaloosa 32578
1724 Pine Avenue
$465,000
● House - Off Market

1724 Pine Avenue

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths
$2,682
Est. Monthly

About This Property

Beautifully updated! A charming colonial inspired front porch and over 2,300 sq ft of thoughtfully designed living space. The newly updated kitchen shines with white shaker cabinets, granite countertops, farmhouse sink, stylish backsplash, and all new stainless steel appliances, perfect for everyday living and entertaining. New LVP flooring flows throughout the main living areas, adding both durability and style. The oversized living room offers a cozy gas fireplace and views of the dream backyard. Enjoy a private retreat complete with an expansive back porch, fire pit, storage shed, and room to park a boat or RV, ideal for outdoor enthusiasts. Generously sized bedrooms and oversized closets provide exceptional storage, while the primary features one of the largest closets on the market!
Unit Size
-
Days on Market
55 days
Land Size
0.34 acres
Price per sqft
-
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1945

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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: 9 months ago (ECAR #992589)

Price History

Date / Event Date Event Price
Mar 6, 2026 Sold
Premium
Sold
Feb 12, 2026 In contract -
In contract
Jan 10, 2026 Listed by LPT Realty LLC $465,000
Listed by LPT Realty LLC
Jul 6, 2023 Sold
Premium
Sold
May 20, 2023 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 2000
  • 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: 614
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,998
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,288
  • Gross Building Area: 3,288
  • Building Area: 2,306
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,306
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALPARAISO P/C
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: VALPARAISO P/C 6 LOTS 2 & 3 BLK 80

Neighborhood

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

Geography

  • Assessors Map Reference: 23
  • Parcel: 05-1S-22-256F-0080-001A
  • Block: 80
  • Lot: 2,3
  • Meridian: SEC 05 TWN 01S RNG 22W
  • Municipality: EAST NICEVILLE FIRE
  • Latitude: 30.4995
  • Longitude: -86.4621

    Address

  • Full Address: 1724 Pine Ave
  • Address - House Number: 1724
  • Address - Street Name: Pine
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Niceville
  • Carrier Code: R005
  • 4-Digit Zip Code: 3399
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,695
  • Tax Year: 2023
  • Tax Amount: $497,185
  • Tax Rate Code Area: 015

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 524,451
  • High Value: 626,048
  • Low Value: 422,853

    Market Valuation

  • Market Total Value: $410,489
  • Market Land Value: $84,704
  • Market Improvement Value: $325,785

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $410,489
  • Assessed Land Value: $84,704
  • Assessed Improvements Value: $325,785

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jul 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3633582
  • Previous Sale Recording Date: Jul 29, 2019
  • Previous Sale Contract Date: Jul 24, 2019
  • Previous Sale Amount: $304,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: ADJ
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 Okaloosa

Stats & Trends

Median Asking:

$379,000

Sale Price/ft²

$226

Below Asking

0.02%

Average Days on Market

80

Average Home Size

1821 ft²

Average Home Age

28.5 years

Currently For Sale

1621 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

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ECAR

Listed by: Angela D Harosky, LPT Realty LLC
Last Updated: 9 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 992589
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 1724 Pine Avenue built and last sold?
The property at 1724 Pine Avenue was built in 1945 and last sold on Jun 30, 2023 for $475,000.
How much is this home worth?
The estimated value of the home located at 1724 Pine Avenue is $469,650.
What are some comparable homes to 1724 Pine Avenue?
There are currently no comparable homes to 1724 Pine Avenue.
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