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Off market
  • $475,700

    998 Fay Dr, Mary Esther, FL 32569

    3beds
    2,900sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $475,700 Zestimate®
    $164/sqft
    $2,513 Estimated rent

    Home value

    $475,700

    $447,000 - $504,000

    $2,513/mo

    Zestimate® history
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    What's special

    High-quality finishesArchitectural gallery balconySprawling granite countertopsVersatile bonus roomBoat parking padOrnate chandelierLarge recently rebuilt deck

    A Florida paradise awaits in this meticulously updated 3-bedroom custom luxury home for rent! Nestled on a quiet lot near the cooling breezes of the Intracoastal Waterway, 998 Fay Drive offers a rare peaceful sanctuary, adjacent to a lush wooded preserve that ensures natural privacy. Enter through a grand foyer featuring a soaring 30-foot ceiling, an ornate chandelier, and an architectural gallery balcony. This home is designed for both scale and comfort, with vaulted ceilings and high-quality finishes, including elegant tile and warm-toned engineered hardwood floors. Just off the foyer, the befitting front office serves as a sophisticated workspace for the modern professional. An entire wall of exquisite built-in bookshelves provides a polished backdrop for elegantly displaying your library and memorabilia. At the end of the foyer, the gourmet kitchen features sprawling granite countertops, ample custom cabinetry, a pantry, and a sun-drenched dining area framed by large bay windows. In the center of the home, the expansive living room centers around a cozy wood-burning fireplace and flows into a versatile bonus room, perfect for a music studio or your favorite hobby space. The first-floor master suite offers a private retreat, quietly separated from the upstairs bedrooms and entertainment areas. The master bedroom offers a roomy atmosphere with 10-foot vaulted ceilings. The master bathroom features freshly updated quartz countertops, new cabinets, double sinks, an oversized jetted bathtub, a walk-in closet, and a beautiful custom shower with tastefully artistic waterfall tile accents. The upper level is a family entertainer's dream, offering a massive media room currently furnished with an 86" 4K Smart TV, sound system, and 3-person viewing sofa. Two additional bedrooms share a freshly tiled bathroom. The bedrooms feature a reading nook and a built-in hardwood shelf with stunning views of the surrounding greenery. Each bedroom has a walk-in closet. The exterior is a natural extension of the home, featuring a large landscaped yard with mature palm and pine trees, a tranquil koi pond, a large recently rebuilt deck, and a boat parking pad. The backyard is fenced with access gates on each side. A shed provides ample storage space. The garage easily holds 2 vehicles and includes large cabinets and enclosed storage areas. Location is ideal! 5 minutes to Hurlburt Field- just minutes to world-class white sandy beaches. Easy access to Pensacola, Eglin AFB, Duke Field, and Destin. Pet-friendly with approval. Recent updates: 2019: engineered hardwood floors on first floor 2022: master bathroom renovation, upstairs bathroom floor retile 2023: whole-house plumbing repipe 2023: east-wing ceiling repaint 2024: front porch rebuild, deck rebuild, fence rebuild 2025: electrical system refurbishment

    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.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Freezer, Oven, Refrigerator, WD Hookup
    • Laundry: Hookups
    Features
    • WD Hookup, Walk In Closet
    • Flooring: Carpet, Hardwood, Tile
    Interior area
    • Total interior livable area: 2,900 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Walk In Closet
    Details
    • Parcel number: 212S25192A000B0010

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $2,975
    HOA
    • Amenities included: Pond Year Round
    Location
    • Region: Mary Esther

    Financial & listing details

    • Price per square foot: $164/sqft
    • Tax assessed value: $429,960
    • Annual tax amount: $3,276
    • Date on market: 12/23/2025
    • Date available: 01/29/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    1/30/2026Listing removed$2,975$1/sqft
    Source: Zillow Rentals Report a problem
    1/17/2026Price change$2,975-3.3%$1/sqft
    Source: Zillow Rentals Report a problem
    1/8/2026Price change$3,075-5.4%$1/sqft
    Source: Zillow Rentals Report a problem
    1/2/2026Price change$3,250-6.5%$1/sqft
    Source: Zillow Rentals Report a problem
    12/23/2025Listed for rent$3,475$1/sqft
    Source: Zillow Rentals Report a problem
    7/31/2019Sold$365,000-6.4%$126/sqft
    Source: ECAOR #821795 Report a problem
    6/24/2019Pending sale$389,900$134/sqft
    Source: Keller Williams Emerald Coast Realty #821795 Report a problem
    5/2/2019Price change$389,900-2.4%$134/sqft
    Source: Keller Williams Emerald Coast Realty #821795 Report a problem
    2/26/2019Listed for sale$399,500$138/sqft
    Source: Royal Palm Realty Service Inc #811175 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,276 +2.3%$314,299 +2.9%
    2024$3,202 +1.6%$305,441 +3%
    2023$3,152 +5.4%$296,545 +3%
    2022$2,991 +0.2%$287,908 +3%
    2021$2,984 +4.8%$279,522 +1.4%
    2020$2,847 +45.3%$275,663 +36.5%
    2019$1,959 +4.9%$201,986 +1.9%
    2018$1,867 $198,220 +2.1%
    2017$1,867 +0.5%$194,143 +2.1%
    2016$1,859 +2.8%$190,150 +0.7%
    2015$1,809 -2.5%$188,828 +0.8%
    2014$1,854 $187,329 +1.5%
    2013-- $184,561 -0.2%
    2012-- $184,855 -3.7%
    2011-- $192,055 +1.5%
    2010-- $189,217 +2.7%
    2009-- $184,242 +0.1%
    2008-- $184,058 +3%
    2007-- $178,697 +2.5%
    2006-- $174,339 +38.4%
    2005-- $125,937 -17.2%
    2004-- $152,140 +1.9%
    2003-- $149,303 +2.4%
    2002-- $145,804 +1.6%
    2001-- $143,508
    Find assessor info on the county website

    Neighborhood: 32569

    Nearby schools

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