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Niceville 32578 Rocky Bayou
52 Derby Downs Circle Circle
$750,000
● House - Off Market

52 Derby Downs Circle Circle

Niceville, FL 32578
bedrooms
4 Beds
bathrooms
3 Baths
$4,265
Est. Monthly

About This Property

Beautiful home situated in the sought after neighborhood of The Stables at Rocky Bayou built by premier builders, Huff Homes! This home has been loved and well maintained with too many outstanding and wonderful features to list!  The spacious master Bedroom has a huge walk in closet!! The French doors lead out to an amazing outdoor screened living space, kitchen and bar area is a must see! Quiet mornings with coffee and wind down afternoons including fire pit and TV will make this your favorite spot!! This home excels with the best appliances  and premium hardwood floors. The quiet alcove desk space makes a great space to TCB (take care of business)!  Please verify all dimensions to buyers satisfaction
Unit Size
-
Days on Market
62 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$582
HOA Dues
-
Year Built
2014

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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: 7 months ago (ECAR #993564)

Price History

Date / Event Date Event Price
Mar 26, 2026 Sold
Premium
Sold
Jan 28, 2026 In contract -
In contract
Jan 23, 2026 Listed by Keller Williams Realty SRB $750,000
Listed by Keller Williams Realty SRB
Jul 18, 2014 Sold
Premium
Sold
Apr 24, 2014 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • 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: 630
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,775
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,699
  • Gross Building Area: 3,699
  • Building Area: 2,416
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,416
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STABLES AT ROCKY BAYOU
  • Land Acres: 0000000201
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: STABLES AT ROCKY BAYOU LOT 45

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 5
  • Parcel: 10-1S-22-2000-0000-0450
  • Lot: 45
  • Meridian: SEC 10 TWN 01S RNG 22W
  • Municipality: NICEVILLE
  • Latitude: 30.5179
  • Longitude: -86.4403

    Address

  • Full Address: 52 Derby Downs Cir
  • Address - House Number: 52
  • Address - Street Name: Derby Downs
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Niceville
  • Carrier Code: R013
  • 4-Digit Zip Code: 2769
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 3,104
  • Tax Year: 2023
  • Tax Amount: $664,903
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 702,914
  • High Value: 828,210
  • Low Value: 577,618

    Market Valuation

  • Market Total Value: $580,178
  • Market Land Value: $90,300
  • Market Improvement Value: $489,878

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $538,486

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2014
  • Current Sale Recording Date: Jul 18, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2939791
  • Previous Sale Recording Date: Apr 24, 2014
  • Previous Sale Contract Date: Mar 13, 2014
  • Previous Sale Amount: $83,500
  • Previous Sale Document Type: 68
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 Rocky Bayou

Stats & Trends

Median Asking:

$687,450

Sale Price/ft²

$251

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2806 ft²

Average Home Age

37.3 years

Currently For Sale

13 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: Wanda L Pitts, Keller Williams Realty SRB
Last Updated: 7 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 993564
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 52 Derby Downs Circle built and last sold?
The property at 52 Derby Downs Circle was built in 2014 and last sold on Jul 17, 2014 for $395,000.
How much is this home worth?
The estimated value of the home located at 52 Derby Downs Circle is $0.
What are some comparable homes to 52 Derby Downs Circle?
There are currently no comparable homes to 52 Derby Downs Circle.
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