LARGE 1.2 ACRE PROPERTY WITH WATERFRONT ACCESS INCLUDING 2 DUPLEX RENTAL PRODUCING UNITS. Take this opportunity to own in Choctaw Beach, across the street from the Bay plus its own slice of waterfront access! Property currently consists of two rental duplexes at 1250 square foot each ..... Each individual unit (4 total units) is 2 bedrooms, 1 bathroom, and approx. 625 SF each. This MLS listing is for owning ALL parcels, including the waterfront parcel south of 361 Satsuma Rd across Hwy 20. Buyer to confirm all dimensions, utilities, and zoning. SELLER FINANCING AVAILABLE. (SEE MLS # 917067 FOR SALE OF .7 ACRES ON HWY 20 INCLUDING BAY FRONTAGE)
Sold for $659,700
$659,700
361 Satsuma Rd, Niceville, FL 32578
8beds
2,500sqft
SingleFamily
Built in 1981
1.2 Acres Lot
$657,500 Zestimate®
$264/sqft
$3,196 Estimated rent
Home value
$657,500
$592,000 - $730,000
$3,196/mo
Zestimate® history
Owner options
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$4,056/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced air
Cooling
- Central
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 2,500 sqft
Property
Features
- Exterior features: Cement / Concrete
Lot
- Size: 1.2 Acres
Details
- Parcel number: 281S21410200020110
Construction
Type & style
- Home type: SingleFamily
Materials
- concrete
- Roof: Composition
Condition
- Year built: 1981
Community & HOA
Location
- Region: Niceville
Financial & listing details
- Price per square foot: $264/sqft
- Tax assessed value: $195,782
- Annual tax amount: $1,914
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2025 | Sold | $659,700+36%$264/sqft |
Source: Public Record Report a problem | ||
| 8/21/2023 | Sold | $485,000-45.8%$194/sqft |
Source: Public Record Report a problem | ||
| 5/18/2023 | Pending sale | $895,000$358/sqft |
Source:  ECAOR #917342 Report a problem | ||
| 3/9/2023 | Price change | $895,000-9.6%$358/sqft |
Source: ECAOR #917342 Report a problem | ||
| 2/18/2023 | Listed for sale | $990,000$396/sqft |
Source: ECAOR #917342 Report a problem | ||
| 10/13/2022 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 7/28/2022 | Price change | $990,000+80%$396/sqft |
Source: RE/MAX International #904074 Report a problem | ||
| 7/27/2022 | Price change | $550,000-44.4%$220/sqft |
Source: RE/MAX International #904064 Report a problem | ||
| 7/27/2022 | Price change | $990,000+230%$396/sqft |
Source: ECAOR #904074 Report a problem | ||
| 7/20/2022 | Price change | $300,000-70.7%$120/sqft |
Source: RE/MAX International #904060 Report a problem | ||
| 7/19/2022 | Price change | $1,025,000+241.7%$410/sqft |
Source: ECAOR #904074 Report a problem | ||
| 7/19/2022 | Price change | $300,000-42.9%$120/sqft |
Source: RE/MAX International #904060 Report a problem | ||
| 7/18/2022 | Listed for sale | $525,000$210/sqft |
Source: ECAOR #903965 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,914 +2.1% | $195,782 +3.9% |
| 2024 | $1,874 +37.9% | $188,454 +55.8% |
| 2023 | $1,359 -43.6% | $120,938 -32.3% |
| 2022 | $2,409 +36.1% | $178,703 +10.1% |
| 2021 | $1,771 +6.5% | $162,371 +10% |
| 2020 | $1,663 +8% | $147,610 +9.3% |
| 2019 | $1,540 | $135,076 +1.1% |
| 2018 | $1,540 +11.4% | $133,658 -0.9% |
| 2017 | $1,383 -1.2% | $134,890 -0.9% |
| 2016 | $1,399 -1.7% | $136,122 -0.9% |
| 2015 | $1,423 -11.4% | $137,354 -0.9% |
| 2014 | $1,607 | $138,588 -0.9% |
| 2013 | -- | $139,820 -0.9% |
| 2012 | -- | $141,052 -0.9% |
| 2011 | -- | $142,284 -3.5% |
| 2010 | -- | $147,443 -7.6% |
| 2009 | -- | $159,550 -23.6% |
| 2008 | -- | $208,737 -0.5% |
| 2007 | -- | $209,845 +78.1% |
| 2005 | -- | $117,847 +12.9% |
| 2004 | -- | $104,349 +1.8% |
| 2003 | -- | $102,522 +2.1% |
| 2002 | -- | $100,374 +1.2% |
| 2001 | -- | $99,154 |
Find assessor info on the county website
Neighborhood: 32578
Nearby homes
- $--2 bd1 ba-- sqft361-C Satsuma Rd, Niceville, FL 32578Off Market
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- $--2 bd1 ba700 sqft361 Satsuma Rd #B, Niceville, FL 32578Off Market
- $--2 bd1 ba625 sqft361 Satsuma Rd #A, Niceville, FL 32578Off Market
- $239,6005 bd3 ba1.7k sqft393 Satsuma Rd, Niceville, FL 32578Off Market
- $330,2003 bd2 ba2.1k sqft14211 State Highway 20, Niceville, FL 32578Off Market
- $115,0003 bd3 ba1.6k sqftSatsuma Rd, Niceville, FL 32578Sold
Nearby schools
GreatSchools rating
- 6/10Freeport Elementary SchoolGrades: K-4Distance: 12.3 mi
- 7/10Freeport Middle SchoolGrades: 5-8Distance: 12.3 mi
- 8/10Freeport Senior High SchoolGrades: 9-12Distance: 16.2 mi
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$657,500
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- Florida
- Walton County
- Niceville
- 32578
- 361 Satsuma Rd
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