When was property at 515 Nassau Drive built and last sold?

The property at 515 Nassau Drive was built in 1981 and last sold on Aug 31, 2023 for $415,000.

How much is this home worth?

The estimated value of the home located at 515 Nassau Drive is $474,700.

What are some comparable homes to 515 Nassau Drive?

There are currently no comparable homes to 515 Nassau Drive.

Okaloosa

32578

Caribbean Village East

515 Nassau Drive

$415,000

● House - Off Market

515 Nassau Drive

Niceville, FL 32578

3 Beds

2 Baths

$412,675

RealtyHop Estimate

-0.56%

Since Sep 1, 2023

National-US

Primary Model

About This Property

This Bluewater Bay home is a true gem with several attractive features that make it a highly desirable property. The first highlight of this home is its recently remodeled kitchen and master bathroom. With modern updates and renovations, these spaces are sure to impress. The kitchen boasts new cabinets, appliances, countertops, and a trendy backsplash, providing a stylish and functional space for cooking and dining. An open layout creates a sense of spaciousness, making the home feel more inviting and accommodating for gatherings and daily living. This property offers easy access to restaurants, shopping, and a picturesque marina. This home is an excellent find with its thoughtful upgrades, spacious layout, and convenient location.

Unit Size

Days on Market

26 days

Land Size

0.39 acres

Price per sqft

Property Type

House

Property Taxes

$173

HOA Dues

Year Built

1981

Payment Calculator

Cap Rate Calculator

Last updated: 10 months ago (ECAR #928873)

Price History

Date / Event	Date	Event
May 27, 2025	Sold	Premium
Sold
Apr 29, 2025	In contract	-
In contract
Apr 25, 2025	Listed by Keller Williams Realty FWB	$470,000
Listed by Keller Williams Realty FWB

	This Bluewater Bay home is a true gem! No HOA, Top Rated Schools. This house has several attractive features that will impress: Recently remodeled kitchen and master bathroom. The kitchen boasts soft close cabinets, stainless steel matching GE appliances, granite countertops, lots of space for cooking and dining. An open layout creates a sense of spaciousness, making the home feel more inviting and accommodating for gatherings and daily living. The property includes a huge back yard with a 8x12 shed and a swing set. This property offers easy access to restaurants, shopping, and a picturesque marina. New Roof 2023. 'Mini Fridge, washer and dryer convey As Is'
Sep 6, 2023	Sold	Premium
Sold
Jul 31, 2023	Listed by Coldwell Banker Realty	$415,000
Listed by Coldwell Banker Realty
Feb 27, 2017	Sold	Premium
Sold
Jun 8, 2016	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1981

Effective Year Built: 1995
Building Count: 1
Bedroom Count: 3
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: 59
Porch Type: 125
Pool Type: 0

Dimensions

Lot Size Square Feet: 17,183

Lot Size Frontage Feet: 1,090
Total Building Area: 2,263
Gross Building Area: 2,263
Building Area: 1,595
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 1,595
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: CARIBBEAN EAST
Land Acres: 0000000395
Standard Land Use Code: 1001
County Land Use Code: 000100
State Land Use Code: 001
Legal Description 1: CARIBBEAN EAST UNIT 1 LOT 11 BLK C

Neighborhood

School District Name: Okaloosa County School District

Census Tract: 021001

Geography

Assessors Map Reference: 39

Parcel: 23-1S-22-4761-000C-0110
Block: C
Lot: 11
Meridian: SEC 23 TWN 01S RNG 22W
Municipality: NORTH BAY FIRE
Latitude: 30.4791
Longitude: -86.4194

Address

Full Address: 515 Nassau Dr

Legal Unit: 1
Address - House Number: 515
Address - Street Name: Nassau
Address - Suffix Type: Dr
State: FL
City Name: Niceville
Carrier Code: R007
4-Digit Zip Code: 4022
Zip Code: 32578

Valuation

Tax

Total Area: 1,950

Tax Year: 2023
Tax Amount: $212,835
Tax Rate Code Area: 014

Appraisal Valuation

Standard Deviation: 0.1935

Valuation Date: Feb 21, 2024
Confidence Score: 74
Final Value: 408,158
High Value: 487,140
Low Value: 329,176

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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Market Valuation

Market Total Value: $286,101

Market Land Value: $92,676
Market Improvement Value: $193,425

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $210,049

Sales

Current Sale Contract Date: Aug 31, 2023

Current Sale Recording Date: Sep 06, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 3645614
Previous Sale Recording Date: Feb 27, 2017
Previous Sale Contract Date: Feb 14, 2017
Previous Sale Amount: $253,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Due Date:

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Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Type:

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Previous Mortgage Loan Due Date:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Bluewater Bay

Stats & Trends

Median Asking:

$496,500

Sale Price/ft²

$258

Below Asking

0.01%

Average Days on Market

Average Home Size

1968 ft²

Average Home Age

31.7 years

Currently For Sale

47 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

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Listed by: Tracy Jennette, Coldwell Banker Realty
Last Updated: 10 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 928873

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.

515 Nassau Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Bluewater Bay

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions