Skip main navigation
Off market
  • $198,100

    616 Gap Creek Dr #B, Fort Walton Beach, FL 32548

    4beds
    1baths
    672sqft
    SingleFamily
    Built in 1960
    0.75 Acres Lot
    $198,100 Zestimate®
    $295/sqft
    $1,717 Estimated rent

    Home value

    $198,100

    $168,000 - $228,000

    $1,717/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,717/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,717/mo

    Rent Zestimate®

    Refinance and save

    $1,345/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $1,345/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    DEVELOPERS DREAM! Opportunity knocking! Possible Owner Financing! HUGE PRICE REDUCTION! Huge lot, big oak trees centrally located in Fort Walton Beach. Bring your investors and builders to check out this rare find. The probability to have the zoning changed, which would allow for up to 15.8 units per acre is very high according to the Planning & Zoning Department who should support the zoning change. Figures allow up to 11 units to be built once all the zoning changes are made. The lot is grandfathered to allow 2 mobile home units on the lot. There is currently 1 mobile home and a stick built apartment house with garage on the property that will convey "as-is". Can add 1 more mobile home unit. Currently renting for $975./mo. on 30 days notice to vacate. This property is located close & convenient to both bases, restaurants, shopping etc...Pick this one up today before prices go up. Not many pieces like this available in the central FWB area. Knock, Knock, Knock.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    Heating
    • Other
    Cooling
    • Wall
    Features
    • Flooring: Carpet
    Interior area
    • Total interior livable area: 672 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 0.75 Acres
    Details
    • Parcel number: 102S24101000040010

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1960

    Community & HOA

    Location
    • Region: Fort Walton Beach

    Financial & listing details

    • Price per square foot: $295/sqft
    • Tax assessed value: $120,388
    • Annual tax amount: $1,441

    Price history

    DateEventPrice
    5/3/2005Sold$110,000$164/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,441 +7.5%$115,184 +10%
    2024$1,340 +3.7%$104,713 -9.7%
    2023$1,293 +9.5%$116,004 +11.1%
    2022$1,180 +16.7%$104,404 +32.7%
    2021$1,011 +3.2%$78,673 +3.9%
    2020$980 +3.6%$75,710 +5%
    2019$946 +2.2%$72,093 +3.5%
    2018$925 $69,683 +0.7%
    2017$925 +0.2%$69,222 -3.3%
    2016$923 -2.7%$71,600 +4.8%
    2015$949 +3.3%$68,293 +3%
    2014$918 $66,299 +0.7%
    2013-- $65,835 -0.3%
    2012-- $66,033 -2.8%
    2011-- $67,955 -5.1%
    2010-- $71,644 -15.2%
    2009-- $84,506 -3.7%
    2008-- $87,776 -2%
    2007-- $89,562 +0.4%
    2006-- $89,241 +61.2%
    2005-- $55,367 +7.3%
    2004-- $51,597 +7%
    2003-- $48,206 +23%
    2002-- $39,182 +1.7%
    2001-- $38,520
    Find assessor info on the county website

    Neighborhood: Wright

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $198,100
    2% more
    +$3,962
    With Zillow Showcase(estimated)
    $202,062