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Niceville 32578 Edgewater Village North
2409 Roberts Drive
$399,900
● House - Off Market

2409 Roberts Drive

Niceville, FL 32578
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
$2,311
Est. Monthly
5.66%
Cap Rate

About This Property

One owner and lovingly maintained, this home is 1794 sq ft of living space + a screened in porch and 2 car garage.  It is situated on a .4 acre-lot in Niceville's Edgewater Village North. It features 2 bedrooms, 2.5 bathrooms & Den / family room / office or a 3rd bedroom. Freshly painted with hardwood floors and a functional floor plan. The afternoon sun lights up the Florida room and overlooks a private, wooded ravine.  The kitchen with breakfast bar and dining area are at the heart of the home. Large master bedroom and bath with garden Whirlpool tub. Ample storage throughout! Indoor laundry room (with .5 bath), HVAC 2019 and Roof 2017.  Located minutes from Rocky Bayou and zoned for top-rated Niceville schools. Truly a lovely home!
Unit Size
-
Days on Market
160 days
Land Size
0.40 acres
Price per sqft
-
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
1985

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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: 8 months ago (ECAR #984778)

Price History

Date / Event Date Event Price
Feb 12, 2026 Sold
Premium
Sold
Jan 17, 2026 In contract -
In contract
Sep 5, 2025 Listed by The Lisa Snuggs Real Estate Group $399,900
Listed by The Lisa Snuggs Real Estate Group

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 462
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,543
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,793
  • Gross Building Area: 2,793
  • Building Area: 1,794
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,794
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGE WATER VILLAGE
  • Land Acres: 0000000403
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: EDGE WATER VILLAGE NORTH LOT 24 BLK 1

Neighborhood

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

Geography

  • Assessors Map Reference: 29
  • Parcel: 09-1S-22-0731-0001-0240
  • Block: 1
  • Lot: 24
  • Meridian: SEC 09 TWN 01S RNG 22W
  • Municipality: NICEVILLE
  • Latitude: 30.5114
  • Longitude: -86.443

    Address

  • Full Address: 2409 Roberts Dr
  • Address - House Number: 2409
  • Address - Street Name: Roberts
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Niceville
  • Carrier Code: R009
  • 4-Digit Zip Code: 2321
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,192
  • Tax Year: 2023
  • Tax Amount: $371,254
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 432,388
  • High Value: 509,462
  • Low Value: 355,314

    Market Valuation

  • Market Total Value: $294,242
  • Market Land Value: $75,337
  • Market Improvement Value: $218,905

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,242
  • Assessed Land Value: $75,337
  • Assessed Improvements Value: $218,905
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 Edgewater Village North

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$206

Below Asking

0.02%

Average Days on Market

160

Average Home Size

1107 ft²

Average Home Age

52 years

Currently For Sale

0 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: Lisa R Snuggs, The Lisa Snuggs Real Estate Group
Last Updated: 8 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 984778
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 2409 Roberts Drive built and last sold?
The property at 2409 Roberts Drive was built in 1985 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2409 Roberts Drive is $0.
What are some comparable homes to 2409 Roberts Drive?
There are currently no comparable homes to 2409 Roberts Drive.
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