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Wright 32547 Tanglewood
800 Laurel Drive
$345,000
● House - Off Market

800 Laurel Drive

Fort Walton Beach, FL 32547
bedrooms
3 Beds
bathrooms
2 Baths
$1,699
Est. Monthly

About This Property

Fully remodeled 3BR/2BA Fort Walton Beach home with a huge 26' x 11.6' bonus room! Updates include a brand-new kitchen with all-new cabinets, granite countertops, stainless steel appliances, and bold black accents. Bathrooms have been remodeled with stylish tile, new vanities and fixtures, while modern lighting, fresh paint, and updated door hardware complete the move-in ready look. Spacious living areas flow seamlessly, and the oversized bonus room is perfect as a media room, office, gym, or 4th bedroom. Enjoy sidewalks throughout the neighborhood and a location close to shopping, dining, schools, and just minutes from the beach.
Unit Size
-
Days on Market
32 days
Land Size
0.43 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978

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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: 12 months ago (ECAR #986376)

Price History

Date / Event Date Event Price
Oct 31, 2025 Sold
Premium
Sold
Oct 2, 2025 In contract -
In contract
Oct 2, 2025 Price Increased $345,900
↑ $6K (1.8%)
Price Increased
Sep 27, 2025 Listed by ERA American Real Estate $339,900
Listed by ERA American Real Estate
Oct 4, 2002 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • 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: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 58
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,466
  • Lot Size Frontage Feet: 960
  • Total Building Area: 2,152
  • Gross Building Area: 2,152
  • Building Area: 1,516
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,516
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TANGLEWOOD 1ST ADDN
  • Land Acres: 0000000424
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: TANGLEWOOD 1ST ADDN LOT 60 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021902

Geography

  • Assessors Map Reference: 42
  • Parcel: 04-2S-24-2491-000A-0600
  • Block: A
  • Lot: 60
  • Meridian: SEC 04 TWN 02S RNG 24W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4384
  • Longitude: -86.6522

    Address

  • Full Address: 800 Laurel Dr
  • Address - House Number: 800
  • Address - Street Name: Laurel
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 2913
  • Zip Code: 32547

Valuation

    Tax

  • Total Area: 1,810
  • Tax Year: 2023
  • Tax Amount: $322,592
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 346,457
  • High Value: 408,214
  • Low Value: 284,700

    Market Valuation

  • Market Total Value: $260,570
  • Market Land Value: $74,591
  • Market Improvement Value: $185,979

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,570
  • Assessed Land Value: $74,591
  • Assessed Improvements Value: $185,979

    Sales

  • Current Sale Contract Date: Oct 03, 2002
  • Current Sale Recording Date: Oct 04, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1957176
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 Tanglewood

Stats & Trends

Median Asking:

$379,950

Sale Price/ft²

$222

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2006 ft²

Average Home Age

47.3 years

Currently For Sale

4 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: Nikki Segraves Wood, ERA American Real Estate
Last Updated: 12 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 986376
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 800 Laurel Drive built and last sold?
The property at 800 Laurel Drive was built in 1978 and last sold on Oct 3, 2002 for $122,500.
How much is this home worth?
The estimated value of the home located at 800 Laurel Drive is $349,359.
What are some comparable homes to 800 Laurel Drive?
There are currently no comparable homes to 800 Laurel Drive.
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