See Home Value
Ocean City 32547
947 Don Drive
$530,000
● House - Off Market

947 Don Drive

Fort Walton Beach, FL 32547
bedrooms
12 Beds
bathrooms
7 Baths
$2,087
Est. Monthly

About This Property

Highest and best due by 5pm Sunday 6/22. Attention all investors! Presenting a charming collection of single-story cottage-style units, in central Fort Walton Beach off Racetrack Rd. The property features 7 units in total: one standalone unit (#B) and 3 duplexes (C, D, E, F, G, H). Currently, four of the seven units are leased, bringing in a steady monthly income of $4,600. With great potential for equity growth, this is an excellent investment opportunity! Unit D is ready to be leased. The duplex that contains units G and H are in need of a major plumbing repair (see documents for estimate).
Unit Size
-
Days on Market
19 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (ECAR #979110)

Price History

Date / Event Date Event Price
Jul 7, 2025 Sold
Sold
Jun 25, 2025 In contract -
In contract
Jun 18, 2025 Listed by Coastal Realty Services $425,000
Listed by Coastal Realty Services

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1988
  • Building Count: 4
  • Bedroom Count: 12
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 34
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 7
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,668
  • Lot Size Frontage Feet: 800
  • Total Building Area: 4,721
  • Gross Building Area: 4,721
  • Building Area: 4,396
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,396
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RE S/D
  • Land Acres: 0000000543
  • Standard Land Use Code: 1110
  • County Land Use Code: 000800
  • State Land Use Code: 008
  • Legal Description 1: RE S/D LOTS 4 & 5 BLK 3 THE DON PLACE S/D LOTS 5A, 5B, 5C & 5D AND THE

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 022300

Geography

  • Assessors Map Reference: 43
  • Parcel: 36-1S-24-0651-0003-05A0
  • Block: 3
  • Lot: 4,5
  • Meridian: SEC 36 TWN 01S RNG 24W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4496
  • Longitude: -86.6105

    Address

  • Full Address: 947 Don Dr
  • Address - House Number: 947
  • Address - Street Name: Don
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C030
  • 4-Digit Zip Code: 1852
  • Zip Code: 32547

Valuation

    Tax

  • Total Area: 4,558
  • Tax Year: 2023
  • Tax Amount: $405,604
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.4674
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 6
  • Final Value: 396,576
  • High Value: 581,960
  • Low Value: 211,191

    Market Valuation

  • Market Total Value: $371,358
  • Market Land Value: $78,577
  • Market Improvement Value: $292,781

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $371,358
  • Assessed Land Value: $78,577
  • Assessed Improvements Value: $292,781
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 Ocean City


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 947 Don Drive built and last sold?
The property at 947 Don Drive was built in 1958 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 947 Don Drive is $429,250.
What are some comparable homes to 947 Don Drive?
There are currently no comparable homes to 947 Don Drive.