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Off market
  • $1,147,600

    516 Dracena Way, Gulf Breeze, FL 32561

    5beds
    4,049sqft
    SingleFamily
    Built in 1983
    0.33 Acres Lot
    $1,147,600 Zestimate®
    $283/sqft
    $4,969 Estimated rent

    Home value

    $1,147,600

    $1.03M - $1.27M

    $4,969/mo

    Zestimate® history
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    $4,969/mo

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    $7,384/mo

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    $7,384/mo

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    What's special

    This spacious custom home in the heart of Gulf Breeze Proper is in short walking distance to K-12 Gulf Breeze schools, parks and the Santa Rosa Sound. Picturesque porches and beautiful front yard oak tree canopy welcome you. Double mahogany doors open to a large family room with wall-mounted television and surround sound system. Step into the kitchen featuring stainless steel appliances, granite countertops, travertine backsplash, double ovens, gas cooktop, 2 pantries and breakfast bar. A beautiful bay window in the dining area overlooks the large fenced backyard with sparkling pool and beautiful landscaping. Large game room with wood burning fireplace and built in wall-length bookshelf has direct access to the covered back porch leading to the large screened swimming pool. First floor also includes a 23'x 18' home office with separate outdoor access that could be converted to many other uses including a mother-in-law suite. Stairway with maple treads leads up to the second floor, where you will find a large master suite, three full bathrooms and four additional bedrooms, all with walk-in closets. The master suite offers French doors leading to a covered balcony, lovely wood burning fireplace and luxurious master bath featuring marble floor, shower and countertops, as well as undermount sinks and undermounted, jetted tub. The exercise/laundry room is conveniently located just off the master bath, and includes a separate access to the backyard and pool via an outdoor stairwell. Other amenities include 4' wood tile floors and updated Pella windows, tankless hot water heater, and two Trane heat pumps and a variable speed pool pump, all replaced in 2015.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood, Laminate
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,049 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport
    Features
    • Exterior features: Wood
    Lot
    • Size: 0.33 Acres
    Details
    • Parcel number: 053S291570015000070
    • Zoning: RES SINGLE, CITY

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Wood
    • Foundation: Masonry
    • Roof: Other
    Condition
    • Year built: 1983

    Community & HOA

    Location
    • Region: Gulf Breeze

    Financial & listing details

    • Price per square foot: $283/sqft
    • Tax assessed value: $689,558
    • Annual tax amount: $9,204

    Price history

    DateEventPrice
    9/28/2018Sold$690,000-1.3%$170/sqft
    Source: PAR #539688 Report a problem
    7/21/2018Listed for sale$699,000+72.2%$173/sqft
    Source: Manderson Realty Group #539688 Report a problem
    6/6/2014Sold$406,000-11.5%$100/sqft
    Source: PAR #454263 Report a problem
    1/12/2014Price change$459,000-4.4%$113/sqft
    Source: Coldwell Banker United, Realtors #454263 Report a problem
    11/18/2013Listed for sale$479,900+225.4%$119/sqft
    Source: COLDWELL BANKER UNITED, REALTORS #454263 Report a problem
    7/14/1999Sold$147,500$36/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,204 +1.1%$689,558 +2.5%
    2023$9,104 +4.7%$672,528 +6.6%
    2022$8,694 +8.2%$631,116 +10%
    2021$8,033 +0.6%$573,742 +1.7%
    2020$7,985 +3.2%$564,365 +3.5%
    2019$7,740 $545,380 +85.8%
    2018$7,740 +111.8%$293,608 +2.1%
    2017$3,653 $287,569 +2.1%
    2016$3,653 +0.6%$281,654 +0.7%
    2015$3,633 -1.7%$279,696 +38.7%
    2014$3,696 $201,654 +1.5%
    2013-- $198,674 +4.2%
    2012-- $190,682 +3%
    2011-- $185,128 +1.5%
    2010-- $182,392 +2.7%
    2009-- $177,597 +0.1%
    2008-- $177,420
    2007-- --
    2006-- --
    2005-- --
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    2000-- --
    Find assessor info on the county website

    Neighborhood: 32561

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: GULF BREEZE
    • Middle: GULF BREEZE
    • High: GULF BREEZE

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
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    $1,147,600
    2% more
    +$22,952
    With Zillow Showcase(estimated)
    $1,170,552