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Gulf Breeze 32561 Gulf Breeze
433 Montrose Boulevard
$350,000
● House - Off Market

433 Montrose Boulevard

Gulf Breeze, FL 32561
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$2,041
Est. Monthly

About This Property

Located in a highly desirable area with top-rated schools, this all-brick 3-bedroom, 1.5-bath home is full of potential! Hardwood floors add character, and the huge bonus room offers endless possibilities--second living area, home office, playroom, or gym. Enjoy the convenience of a carport with a covered back deck attached--perfect for relaxing or entertaining. With no HOA and just 1.5 miles to Shoreline Park and its boat ramp, you'll love the location as much as the opportunity. This home needs a little TLC, making it ideal for an investor or someone ready to build sweat equity and truly make it their own!
Unit Size
-
Days on Market
17 days
Land Size
0.31 acres
Price per sqft
-
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1959

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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 #995895)

Price History

Date / Event Date Event Price
Mar 9, 2026 Sold
Premium
Sold
Feb 23, 2026 In contract -
In contract
Feb 20, 2026 Listed by Realty ONE Group Emerald Coast $339,000
Listed by Realty ONE Group Emerald Coast

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 312
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,460
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,012
  • Gross Building Area: 2,012
  • Building Area: 1,377
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,377
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASABLANCA/ALL PHASE
  • Land Acres: 0000000309
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: CASABLANCA PARCEL #4 LOT 15 BLK 52 AS DES IN OR 835 PG 791

Neighborhood

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

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MAP 1A PG 64B
  • Parcel: 06-3S-29-0540-05200-0150
  • Block: 52
  • Lot: 15
  • Meridian: SEC 06 TWN 3S RNG 29W
  • Municipality: GULF BREEZE
  • Latitude: 30.3609
  • Longitude: -87.1908

    Address

  • Full Address: 433 Montrose Blvd
  • Address - House Number: 433
  • Address - Street Name: Montrose
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Gulf Breeze
  • Carrier Code: C003
  • 4-Digit Zip Code: 4062
  • Zip Code: 32561

Valuation

    Tax

  • Total Area: 1,575
  • Tax Year: 2023
  • Tax Amount: $449,964
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 469,021
  • High Value: 557,971
  • Low Value: 380,071

    Market Valuation

  • Market Total Value: $367,312
  • Market Land Value: $247,500
  • Market Improvement Value: $119,812

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,312
  • Assessed Land Value: $247,500
  • Assessed Improvements Value: $119,812
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 Gulf Breeze

Stats & Trends

Median Asking:

$426,950

Sale Price/ft²

$218

Below Asking

0.02%

Average Days on Market

85

Average Home Size

2438 ft²

Average Home Age

12.2 years

Currently For Sale

64 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: Jennifer Giles, Realty ONE Group Emerald Coast
Last Updated: 8 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 995895
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 433 Montrose Boulevard built and last sold?
The property at 433 Montrose Boulevard was built in 1959 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 433 Montrose Boulevard is $0.
What are some comparable homes to 433 Montrose Boulevard?
There are currently no comparable homes to 433 Montrose Boulevard.
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