See Home Value
$730,000
● House - Off Market

505 Blackwater Run

Niceville, FL 32578
bedrooms
4 Beds
bathrooms
3 Baths
$4,297
Est. Monthly
$300
HOA / Fees
2.16%
Cap Rate

About This Property

Tucked away in the coveted Swift Creek neighborhood that offers amenities galore - pool, clubhouse, tennis court, basketball court, lake w/dock for fishing, playground and nature trail! AND you're going to love what this newly renovated custom-built brick home has to offer! Updated throughout to give you that modern look and feel with great attention to detail. The floor plan boasts 4 well-appointed bedrooms, 3 full bathrooms, a formal dining room, spacious kitchen, office/den, laundry room and large garage with attic storage. The living space has a beautiful gas fireplace with built-ins for your extras. Tray ceilings and crown molding are recognized throughout the home. The gourmet kitchen has been completely re-designed with stylish cabinetry & counters, functional layout, KitchenAid gas range - microwave - dishwasher, and pot filler - catering to the culinary enthusiast...and note the beverage fridge! The master bedroom is located adjacent to the kitchen and includes a large, beautiful ensuite with separate cultured marble shower, whirlpool tub, lots of storage & a large walk-in closet. Other features of this property include southern style front porch, covered and open back patio spaces, double gate access to backyard, and mature landscaping with sprinkler system. Call today to schedule your showing!
Unit Size
-
Days on Market
142 days
Land Size
0.39 acres
Price per sqft
-
Property Type
House
Property Taxes
$461
HOA Dues
$300
Year Built
2001

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Last updated: 11 months ago (ECAR #982170)

Price History

Date / Event Date Event Price
Dec 31, 2025 Sold
Sold
Oct 28, 2025 In contract -
In contract
Oct 14, 2025 Price Decreased $720,000
↓ $30K (4%)
Price Decreased
Sep 20, 2025 Price Decreased $750,000
↓ $39K (4.9%)
Price Decreased
Sep 3, 2025 Price Decreased $789,000
↓ $10K (1.3%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • 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: 552
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,782
  • Total Building Area: 3,904
  • Gross Building Area: 3,904
  • Building Area: 2,519
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,519
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SWIFT CREEK PH I
  • Land Acres: 0000000385
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SWIFT CREEK PH I LOT 45

Neighborhood

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

Geography

  • Assessors Map Reference: 24
  • Subdivision Phase Number: 1
  • Parcel: 04-1S-22-4401-0000-0450
  • Block: 1
  • Lot: 45
  • Meridian: SEC 04 TWN 01S RNG 22W
  • Municipality: NICEVILLE
  • Latitude: 30.5253
  • Longitude: -86.4545

    Address

  • Full Address: 505 Blackwater Run
  • Address - House Number: 505
  • Address - Street Name: Blackwater
  • Address - Suffix Type: Run
  • State: FL
  • City Name: Niceville
  • Carrier Code: R002
  • 4-Digit Zip Code: 1642
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 3,047
  • Tax Year: 2023
  • Tax Amount: $539,842
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.1908
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 703,230
  • High Value: 837,454
  • Low Value: 569,005

    Market Valuation

  • Market Total Value: $544,603
  • Market Land Value: $140,360
  • Market Improvement Value: $404,243

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $444,674

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 10, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3413963
  • Previous Sale Recording Date: Apr 03, 2006
  • Previous Sale Contract Date: Mar 23, 2006
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: 68
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

About Swift Creek


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Frequently Asked Questions

When was property at 505 Blackwater Run built and last sold?
The property at 505 Blackwater Run was built in 2001 and last sold on Nov 30, 2020 for $509,000.
How much is this home worth?
The estimated value of the home located at 505 Blackwater Run is $727,200.
What are some comparable homes to 505 Blackwater Run?
There are currently no comparable homes to 505 Blackwater Run.