See Home Value
$660,000
● House - Off Market

424 Dracena Way

Gulf Breeze, FL 32561
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,378 Ft²
$3,589
Est. Monthly

About This Property

Rare income-producing or multi-generational layout in the absolute heart of Gulf Breeze Proper! This move-in ready, all-brick ranch features a highly versatile design offering a primary 3-bedroom, 2-bathroom residence on one side, and a fully self-contained attached 1-bedroom, 1-bathroom apartment, complete with its own kitchenette, full bath and private entrance & 2 car garage on the other side. Perfect as a high-yield rental space, guest house or independent in-law suite. The interior boasts gorgeous low-maintenance tile flooring throughout (zero carpet), an updated kitchen that seamlessly opens to a spacious living room centered by a cozy fireplace, and elegantly renovated bathrooms featuring custom designer tile finishes. Step outside to a private, beautifully landscaped outdoor oasis featuring a massive 18 x 18 screened porch overlooking your private in-ground pool. Massive structural & insurance-saving upgrades include: * Fortified Exterior: Impact-resistant windows and a 2021 shingle roof with hurricane clips, driving down insurance premiums. * No Flood Insurance required: located in Flood Zone X. * 2025 Major Mechanics: Brand new pool liner, new high-efficiency water heater, and a new sprinkler pump for the dedicated irrigation well (free lawn watering!) * Air Quality: Fully replaced ductwork integrated with an advanced UV light purification system. Situated in an unbeatable golf cart-friendly neighborhood with an A-rated school system! You are just steps away from Shoreline Park's boat ramp, fishing pier, and Gulf Breeze Rec Center, and only minutes from Pensacola Beach. Enjoy the ultimate blend of coastal convenience, community, and built-in equity!
Unit Size
2,378 Ft²
Days on Market
45 days
Land Size
0.34 acres
Price per sqft
$285
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1974

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Last updated: 3 months ago (ECAR #1005834)

Price History

Date / Event Date Event Price
Aug 17, 2026 Sold
Sold
Jul 26, 2026 In contract -
In contract
Jul 19, 2026 Price Decreased $677,000
↓ $1K (0.2%)
Price Decreased
Jul 14, 2026 Price Decreased $678,000
↓ $22K (3.1%)
Price Decreased
Jul 4, 2026 Relisted $699,899
Relisted
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 14,941
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 3,363
  • Gross Building Area: 3,363
  • Building Area: 2,378
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,378
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GULF BREEZE PARK/ALL
  • Land Acres: 0000000343
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: GULF BREEZE PARK 5TH ADD LOT 14 BLK 17 AS DES IN OR 3624 PG 351

Neighborhood

  • School District Name: Santa Rosa County School District
  • Census Tract: 010900

Zoning

  • Zoning: RAA

Geography

  • Assessors Map Reference: MAP 7A PG 64A
  • Parcel: 05-3S-29-1570-01700-0140
  • Block: 17
  • Lot: 14
  • Meridian: SEC 05 TWN 3S RNG 29W
  • Municipality: GULF BREEZE
  • Latitude: 30.3603
  • Longitude: -87.1706

    Address

  • Full Address: 424 Dracena Way
  • Address - House Number: 424
  • Address - Street Name: Dracena
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Gulf Breeze
  • Carrier Code: C006
  • 4-Digit Zip Code: 4604
  • Zip Code: 32561

Valuation

    Tax

  • Total Area: 2,825
  • Tax Year: 2023
  • Tax Amount: $354,354
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.2
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 535,841
  • High Value: 643,041
  • Low Value: 428,641

    Market Valuation

  • Market Total Value: $431,340
  • Market Land Value: $225,000
  • Market Improvement Value: $206,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,709

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2017
  • Current Sale Recording Date: May 15, 2017
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201719146
  • Previous Sale Recording Date: Dec 15, 2003
  • Previous Sale Contract Date: Dec 01, 2003
  • Previous Sale Amount: $239,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

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Frequently Asked Questions

When was property at 424 Dracena Way built and last sold?
The property at 424 Dracena Way was built in 1974 and last sold on May 12, 2017 for $222,000.
How much is this home worth?
The estimated value of the home located at 424 Dracena Way is $676,478.
What are some comparable homes to 424 Dracena Way?
There are currently no comparable homes to 424 Dracena Way.