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Niceville 32578
2106 Bayshore Drive
$300,000
● House - Off Market

2106 Bayshore Drive

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$1,718
Est. Monthly
6.62%
Cap Rate

About This Property

Heart of Niceville! This affordable home with a fenced back yard has a lot to offer. New kitchen cabinets, pantry, wood look tile downstairs and brand new vinyl plank upstairs. Fresh paint throughout and a new vanity in the downstairs bath. 3 bedrooms and 2 1/2  baths, + a bonus room. Cozy fire pit in the large back yard, a shed for all your tools & equipment. No HOA ,so you can store your boat and there are two  boat launches each just over a mile away. Just a few minutes to shopping and restaurants. 7.5 miles to Eglin 14.8 miles to Duke field. This home offers gas for your appliances and a cozy fireplace!
Unit Size
-
Days on Market
46 days
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
1986

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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: 2 years ago (ECAR #971398)

Price History

Date / Event Date Event Price
May 2, 2025 Sold
Premium
Sold
Mar 24, 2025 In contract -
In contract
Mar 17, 2025 Listed by Elevation Realty Inc $299,990
Listed by Elevation Realty Inc
Jul 20, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Garage Square Area: 264
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,499
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,642
  • Gross Building Area: 1,642
  • Building Area: 1,482
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,482
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALPARAISO P/C
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: VALPARAISO P/C #6 LOT 10 BLK 115

Neighborhood

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

Geography

  • Assessors Map Reference: 23
  • Parcel: 05-1S-22-256F-0115-0100
  • Block: 115
  • Lot: 10
  • Meridian: SEC 05 TWN 01S RNG 22W
  • Municipality: NICEVILLE
  • Latitude: 30.4964
  • Longitude: -86.4577

    Address

  • Full Address: 2106 Bayshore Dr
  • Address - House Number: 2106
  • Address - Street Name: Bayshore
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Niceville
  • Carrier Code: R005
  • 4-Digit Zip Code: 3664
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 1,514
  • Tax Year: 2023
  • Tax Amount: $292,922
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 339,987
  • High Value: 400,591
  • Low Value: 279,384

    Market Valuation

  • Market Total Value: $219,726
  • Market Land Value: $56,469
  • Market Improvement Value: $163,257

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,726
  • Assessed Land Value: $56,469
  • Assessed Improvements Value: $163,257

    Sales

  • Current Sale Contract Date: Jun 08, 2006
  • Current Sale Recording Date: Jul 20, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 2347518
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 Niceville

Stats & Trends

Median Asking:

$409,000

Sale Price/ft²

$250

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1975 ft²

Average Home Age

29.1 years

Currently For Sale

86 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

Rentals Near You

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ECAR

Listed by: Gail A Rich, Elevation Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 971398
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 2106 Bayshore Drive built and last sold?
The property at 2106 Bayshore Drive was built in 1986 and last sold on Jun 8, 2006 for $53,000.
How much is this home worth?
The estimated value of the home located at 2106 Bayshore Drive is $302,990.
What are some comparable homes to 2106 Bayshore Drive?
There are currently no comparable homes to 2106 Bayshore Drive.
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