427 Rankin Rd is a 1,554 square foot house on a 0.73 acre lot with 4 bedrooms and 2 bathrooms. Based on Redfin's Mary Esther data, we estimate the home's value is $602,762.
Single-familyProperty Type
1940Year Built
0.73 acresLot Size
$388Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$602,762
$13K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 79.2% higher than the average sale price ($336K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$4,383 (+2.2%)
2024
$4,288 (+1.5%)
2023
$4,226 (+5.3%)
2022
$4,012 (+0.2%)
2021
$4,006 (+5.8%)
2020
$3,784 (+3.1%)
2019
$3,671 (+4.9%)
2018
$3,498 (+0.3%)
2017
$3,488 (+2.8%)
2016
$3,393 (−2.4%)
2015
$3,478 (−1.3%)
$224,000 + $99,656
$323,656
2014
$3,525
Tax history for 427 Rankin Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,383 (+2.2%)
2024
$4,288 (+1.5%)
2023
$4,226 (+5.3%)
2022
$4,012 (+0.2%)
2021
$4,006 (+5.8%)
2020
$3,784 (+3.1%)
2019
$3,671 (+4.9%)
2018
$3,498 (+0.3%)
2017
$3,488 (+2.8%)
2016
$3,393 (−2.4%)
2015
$3,478 (−1.3%)
$224,000 + $99,656
$323,656
2014
$3,525
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-1
Residential-1 District
The purpose of the residential-1 R-1 district is to provide areas for single-family detached residential dwellings, customary accessory uses, and limited non-residential uses.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Mixed use
Educational/school
Park & open space
Property details
Interior
Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Electric
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Building Construction Quality: Average
Exterior Wall: Hardboard
Roof Shape Type: Gable/Hip
Building Type: Single Family
Property Information
Subdivision Name: COOL WATERS SUB
Living Sq. Ft: 1,554
Adjusted Gross Sq. Ft: 1,554
Ground Floor Sq. Ft: 1,554
Building Sq. Ft: 2,698
# of Units: 1
# of Stories: 1
Legal Description: COOL WATERS S/D LOT 9 AND BEG AT NE COR OF LOT 10 S 114.95 FT S 6 DEG E 62.15 FT N 23 DEG W 139.43 FT N 3 DEG W 9.11 FT NE ALG CURVE 66.53 FT S 80 DEG E 7.12 FT TO POB
Parking & Garage Information
Parking Type: Unfinished Garage
Garage/Parking Sq. Ft: 720
Garage / Carport Type: Unfinished
Lot Information
# of Buildings: 2
Land Sq. Ft: 31,947
Legal Lot Number: 10
Water District: WATER MGT
Acres: 0.73
Front Footage: 105
State Use Description: SFR
Financial
Assessor Information
Assessment Year: 2025
Tax District County: FLOROSA FIRE DIST. SW
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,554
Stories: 1.0
Lot Size: 0.73 acres
Style: Single Family Residential
Year Built: 1940
Year Renovated: 1940
County: Okaloosa County
APN: 142S25053300000090
Home facts updated by county records on Jul 10, 2026
Around this home
Schools
Florosa Elementary School
Public PreK-5 • Assigned • 0.3mi
9/10
Max Bruner Junior Middle School
Public 6-8 • Assigned • 5.8mi
7/10
Fort Walton Beach High School
Public 9-12 • Assigned • 5.4mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
5/10 Flood Factor
Estimated 45-55% chance of a flood reaching the building in the next 30 years
4/10 Fire Factor
0.93% chance of being in a wildfire in next 30 years
10/10 Heat Factor
6 days above 104° expected this year, 20 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Mary Esther, FL • 32569
Average low and high temperatures (°F)
59
43
66
51
71
57
77
64
81
71
87
76
90
79
87
76
86
74
81
65
73
59
64
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 5.3 hours in December, which is comparable to the
U.S. average for solar exposure.
9.2 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$573,000 – $694,000
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