For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Okaloosa 32579 Bayou Poquito
28 Walnut Avenue
$499,900
● House - Off Market

28 Walnut Avenue

Shalimar, FL 32579
bedrooms
4 Beds
bathrooms
2 Baths
$2,643
Est. Monthly

About This Property

Stunning Pool Home in the much sought after Poquito Bayou. Conveniently located between Eglin AFB and Hulburt Field. New Pool Liner, New HVAC! Plus fresh paint makes this awesome home move in ready! From the moment you step in the front door the huge open living room welcomes you in. Updated kitchen with granite counters. The dining area over looks the pool and has a fireplace. LVP flooring in the living areas. The primary bedroom is huge! And the closet is big enough for all of your clothes and be a dressing room! The other 3 bedrooms are good sizes! The perfect backyard for long summer days by the pool. Shed in the backyard. NO HOA. Park your boat or RV on the property! Poquito Bayou has both a Boat Ramp and Playground.
Unit Size
-
Days on Market
50 days
Land Size
0.34 acres
Price per sqft
-
Property Type
House
Property Taxes
$187
HOA Dues
-
Year Built
1971

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 11 months ago (ECAR #987593)

Price History

Date / Event Date Event Price
Dec 4, 2025 Sold
Premium
Sold
Nov 12, 2025 In contract -
In contract
Oct 15, 2025 Listed by Levin Rinke Realty $499,900
Listed by Levin Rinke Realty
Jun 20, 2017 Sold
Premium
Sold
Sep 16, 2014 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 540
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 14,997
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,967
  • Gross Building Area: 2,967
  • Building Area: 2,312
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,312
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAYOU POQUITO
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: BAYOU POQUITO LOT 8 BLK 12

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021600

Geography

  • Assessors Map Reference: 35
  • Parcel: 31-1S-23-0120-0012-0080
  • Block: 12
  • Lot: 8
  • Meridian: SEC 31 TWN 01S RNG 23W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4553
  • Longitude: -86.5813

    Address

  • Full Address: 28 Walnut Ave
  • Address - House Number: 28
  • Address - Street Name: Walnut
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Shalimar
  • Carrier Code: C001
  • 4-Digit Zip Code: 1120
  • Zip Code: 32579

Valuation

    Tax

  • Total Area: 2,644
  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 493,877
  • High Value: 581,912
  • Low Value: 405,842

    Market Valuation

  • Market Total Value: $367,598
  • Market Land Value: $91,743
  • Market Improvement Value: $275,855

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,456

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 20, 2017
  • Current Sale Recording Date: Jun 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3142277
  • Previous Sale Recording Date: Sep 16, 2014
  • Previous Sale Contract Date: Sep 12, 2014
  • Previous Sale Amount: $269,000
  • Previous Sale Document Type: 71
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 Bayou Poquito

Stats & Trends

Median Asking:

$469,450

Sale Price/ft²

$220

Below Asking

0.01%

Average Days on Market

53

Average Home Size

3683 ft²

Average Home Age

40.6 years

Currently For Sale

7 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

Click here to view more rentals in the neighborhood.
ECAR

Listed by: Diane F Tharp, Levin Rinke Realty
Last Updated: 11 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 987593
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 28 Walnut Avenue built and last sold?
The property at 28 Walnut Avenue was built in 1971 and last sold on Jun 20, 2017 for $330,000.
How much is this home worth?
The estimated value of the home located at 28 Walnut Avenue is $0.
What are some comparable homes to 28 Walnut Avenue?
There are currently no comparable homes to 28 Walnut Avenue.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Fort Walton Beach Homes for Sale
Fort Walton Beach Houses for Sale
Fort Walton Beach Condos for Sale
Fort Walton Beach Townhouses for Sale
Fort Walton Beach Land for Sale
Fort Walton Beach Commercial for Sale
Fort Walton Beach Homes with Basements
Fort Walton Beach Homes with Pools
Nearby Cities
Miramar Beach Homes for Sale
Destin Homes for Sale
Navarre Homes for Sale
Midway Homes for Sale
Wright Homes for Sale
Pace Homes for Sale
Freeport Homes for Sale
Niceville Homes for Sale
Nearby Property Records
Okaloosa County, FL Property Records
Walton County, FL Property Records
Santa Rosa County, FL Property Records
Escambia County, FL Property Records
Washington County, FL Property Records
Bay County, FL Property Records
Holmes County, FL Property Records
Escambia County, AL Property Records
Neighborhoods
Santa Rosa Island Real Estate
Downtown Destin Real Estate
Crystal Beach Real Estate
Wild Heron Real Estate
Port Dixie Real Estate
Destin Harbor Real Estate
Seabreeze Real Estate
Northwest Real Estate
Nearby Counties
Walton Beaches Homes for Sale
Holley-Navarre Homes for Sale
Midway Homes for Sale
Niceville-Valparaiso Homes for Sale
Freeport Homes for Sale
East Milton Homes for Sale
Avalon-Mulat Homes for Sale
Navarre Beach Homes for Sale
Top Real Estate Agents
Top Agents in Bayou Poquito
Top Agents in Fort Walton Beach
Top Agents in Walton Beaches
Top Agents in 32459
Top Agents in 32541
Top Agents in Miramar Beach
Top Agents in 32550
Top Agents in 32566