559 Cove Dr, Fort Walton Beach, FL, 32547

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

559 Cove Dr, Fort Walton Beach$537,000

Buyer Closing Credits

$6,377^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeTownhouse

ParkingGarage, Boat, Covered

Attached Garage1 space

Year Built1978

HeatingCentral

CoolingCeiling Fan(s), Central Air

WaterfrontOther, Bay

FireplaceFireplace

MLS #948725

Lot Size0.10 Acres

StatusActive

About 559 Cove Dr

WATERFRONT townhouse with BOAT SLIP and COVERED LIFT. No HOA, short term rentals allowed. Tile downstairs, granite counters, remodeled bathrooms, breakfast bar. Water views of the bayou from the kitchen, dining, living area, master bedroom and guest bedroom upstairs. Large deck off the back on both floors. Bedrooms upstairs are all generous in size. Attic converted to 4th bedroom (less heat/air than other spaces, no closet). Laundry located off sunroom. Enjoy Florida waterfront living in this delightful, quiet townhome complex. Covered boat lift has room for 1 boat and 2 jet skis. Live your best life both on the land AND on the water! 3 miles to the beach and a beautiful ride to Crab Island! $100/mo to cover lawn service.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Townhome
• Year Built: 1978
• Stories: 2
• Living Area: 1,812 SqFt

Listing Office:

• Office Name: HomeSmart
• Office Email: frodriguez@hsmove.com
• Listing Agent: Danica L Connell

Interior Features

Interior Information:

• Appliances: Cooktop, Dishwasher, Microwave, Range Hood, Refrigerator, Refrigerator, Ice Maker, Electric Oven
• Flooring Type: Laminate, Tile, Carpet
• Interior: Breakfast Bar, Fireplace, Kitchen Island, Pantry, Renovated
• Fireplace: Fireplace

Bedroom and Bathroom Information:

• Full Bathrooms: 3
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Other, Bay
• Exterior: Balcony, Boat Slip, Boatlift, Deck Open, Dock, Hot Tub, Patio Covered, Tennis Court

Parking Information:

• Garage Space: 1 space
• Attached Garage: Yes
• Parking: Garage, Boat, Covered

Lot Features

Lot Information:

• Lot Size: 0.10 Acres

Utilities

Utilities Information:

• Heating: Central
• Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

• Directions: South on Eglin Pkwy from Shalimar. West on Monahan Drive before Cinco Bayou bridge then left on Cove Dr. Townhouses are at the end of the street, on the right. (Waterfront)

Price Information

Listing Price Info

Price Summary:

• List Price: $537,000
• Price Per SqFt: $296/SqFt

HOA Fees:

• Amount: $100
• Frequency: Monthly

Tax Information:

• Annual Amount: $2,670
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Fort Walton Beach, FL.

Fort Walton Beach, FL

City

Med. Sold Price

$345.9K

Med. Price/SqFt

$227

Avg. Days On Market

67

# of Sold Homes

49

559 Cove Dr vs Fort Walton Beach

232 DAYS ON ROCKET

+165 Days

$537,000

+$191K More

$296/SqFt

+$68 More

KEY TAKEAWAY

This property is $191K more than the Median Sold Price and $68/SqFt more than other homes in Fort Walton Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: Emerald Coast Association of REALTORS®
• MLS Number: #948725

Listing Office:

• Office Name: HomeSmart
• Office Email: frodriguez@hsmove.com
• Listing Agent: Danica L Connell

Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/19/2024, 11:21:09 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Mar 27, 2020	Mar 27, 2020Home Sold	$332,614
May 09, 2017	May 09, 2017Home Sold	$284,000
May 01, 2003	May 01, 2003Home Sold	$203,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$2,670	$244,594
2018	$2,610	$234,637
2017	$2,995	$224,641

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$2,848

Per Month

Principal & Interest

$2,681

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$100

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,676

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Okaloosa County›Fort Walton Beach›32547›559 Cove Dr

This home is located at 559 Cove Dr in Fort Walton Beach, FL and zip code 32547. This 1,812 square foot home, which was built in 1978, sits on a 0.10 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $537,000.

In November 2024 more than 3 listings in Fort Walton Beach, FL were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 35 were sold below. The number of homes for sale in Fort Walton Beach, FL increased by 2.3% between October 2024 and November 2024. In November 2024 median list price was $345,986 and the average listing age was 67 days.

From Rocket Homes Real Estate and based on county public records data.