Google street view image for 473 Keystone Rd, Mary Esther, FL 32569

Off Market Apr 2025 for $222K

$551,725

Est. refi paymentEst. refi $1,017/mo

•

1,330

sq ft

473 Keystone Rd, Mary Esther, FL 32569

About this home

This townhome in Mary Esther, Florida, is a prime investment opportunity with proven rental income. Currently rented at $1,600 per month per unit, it offers 1,330 square feet of well-designed living space, featuring 2 bedrooms and 2.5 bathrooms. With a low turnover rate and minimal vacancy periods, this property ensures steady cash flow. Located between Fort Walton Beach and Navarre, Mary Esther offers a mix of coastal charm and convenience, just minutes from the white sand beaches of the Emerald Coast. Hurlburt Field Air Force Base is nearby, fueling strong rental demand, while shopping, dining, and entertainment options add to the area's appeal. Whether you're expanding your portfolio or seeking a turnkey investment, this townhome is a rare find in a high-demand market.

TownhomeProperty Type

2001Year Built

$415Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Dahler & Co. • Scenic Sotheby's International Realty

Contact: dahlerandco@scenicsir.com

Bought with Derek Huff • World Impact Real Estate

Redfin checked: 2 minutes ago

•Source:ECAR #971058

Redfin Estimate

$551,725

$329K since sold in April 2025$13K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.5% higher than the average sale price ($477K) of 6 comparable homes.

SOLD APR 14, 2026
$545,000
A
4 beds3 baths2,091 sq ft
732 Saltair Ln, Mary Esther, FL 32569
SOLD MAR 12, 2026
$390,000
B
4 beds2.5 baths1,920 sq ft
803 Forest Cove Ct, Mary Esther, FL 32569
SOLD FEB 13, 2026
$353,000
C
4 beds2 baths2,089 sq ft
558 Rough Leaf Ln, Mary Esther, FL 32569
SOLD JUL 14, 2026
$357,900
D
3 beds2 baths1,645 sq ft
389 Pristine Water Ln, Mary Esther, FL 32569
SOLD JUL 13, 2026
$724,000
E
4 beds3 baths2,290 sq ft
569 Radiant Cir, Mary Esther, FL 32569
SOLD NOV 25, 2025
$495,000
F
5 beds2.5 baths2,652 sq ft
889 Solimar Way, Mary Esther, FL 32569

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Earn from this home

Sell

$343,971

Est. take-home

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Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$1,992/mo

Redfin rental estimate

List your home for rent

Market trends in 32569, FL

Last updated July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

97.5%

0.3% MoM

Median sale price

$340K

$873 MoM

Avg. days on market

83d

20 days MoM

Recently sold homes

4 MoM

New listings for sale

$90,000
1 bed1 bath528 sq ft
209 W Miracle Strip Pkwy Unit H201, Mary Esther, FL 32569
$275,000
3 beds2 baths1,182 sq ft
430 Shrewsbury Rd, Mary Esther, FL 32569
$141,900
2 beds1 bath974 sq ft
209 W Miracle Strip Pkwy Unit A304, Mary Esther, FL 32569
$240,000
2 beds2.5 baths1,238 sq ft
134 Noblat Dr, Mary Esther, FL 32569
$435,000
3 beds2 baths1,265 sq ft
1365 W Highway 98 #202, Mary Esther, FL 32569
See all

Provided by Redfin

Sale history for 473 Keystone Rd

Date

Event

Price

PARMLS #660804

Jun 3, 2025

Listing Removed

—

Mar 14, 2025

Listed

$670,000

$504/sq ft

ECAR #971058

Apr 25, 2025

Sold

$222,500

$167/sq ft

Mar 31, 2025

Pending

—

Mar 13, 2025

Listed

$230,000

$173/sq ft

PARMLS #660686

Mar 14, 2025

Listing Removed

—

Mar 13, 2025

Listed

$690,000

$519/sq ft

PARMLS #660690

Mar 13, 2025

Listed

$230,000

$173/sq ft

ECAR #971056

Mar 13, 2025

Listed

$690,000

$519/sq ft

ECAR #971111

Mar 13, 2025

Listed

$670,000

$504/sq ft

Public Records

Aug 6, 2014

Sold

$558,000

$420/sq ft

Public Records

Jul 5, 2001

Sold

$92,500

$70/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,331 (−4.0%)

$35,000 + $160,815

$195,815

2024

$2,428 (+3.3%)

$35,000 + $160,815

$195,815

2023

$2,351 (+14.5%)

$30,000 + $172,150

$202,150

2022

$2,053 (+291.7%)

2021

$524 (−62.2%)

$30,000 + $141,290

$171,290

2020

$1,388 (+10.4%)

$30,000 + $12,432

$42,432

2019

$1,257 (+14.2%)

2018

$1,101 (+5.9%)

2017

$1,039 (+22.1%)

$30,000 + $64,841

$94,841

2016

$851 (−2.7%)

$30,000 + $64,841

$94,841

2015

$875 (+1.3%)

$19,000 + $53,638

$72,638

2014

$864

Tax history for 473 Keystone Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,331 (−4.0%)

$35,000 + $160,815

$195,815

2024

$2,428 (+3.3%)

$35,000 + $160,815

$195,815

2023

$2,351 (+14.5%)

$30,000 + $172,150

$202,150

2022

$2,053 (+291.7%)

2021

$524 (−62.2%)

$30,000 + $141,290

$171,290

2020

$1,388 (+10.4%)

$30,000 + $12,432

$42,432

2019

$1,257 (+14.2%)

2018

$1,101 (+5.9%)

2017

$1,039 (+22.1%)

$30,000 + $64,841

$94,841

2016

$851 (−2.7%)

$30,000 + $64,841

$94,841

2015

$875 (+1.3%)

$19,000 + $53,638

$72,638

2014

$864

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1,446 Sq. Ft.

Year renovated

2001

Sq. Ft.

1,330

Year built

2001

Style

Townhouse

County

Okaloosa County

APN

142S250944000A0040

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 10, 2026.

R-2

Residential-2 District

The purpose of the residential-2 R-2 and suburban residential SR districts is to provide areas for medium density residential housing, and to provide for certain non-residential uses that contribute to the comfort and convenience of the district.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Mixed use
Educational/school
Recreation
Golf related
Park & open space

Property details

Parking

Parking Information
No
Has Garage
Parking Features: Garage
Garage Spaces: 1.00
Driveway Spaces: 1.00

Interior

Bedroom Information
Bedrooms: 2
Bedroom: Second

Bathroom Information
Full Baths: 2
Half Baths: 1
Total Baths: 3.00

Room Information
Rooms: Bedroom, Garage, Kitchen
Kitchen: First

Room 1
Bedroom
Area: 144.00
Dimensions: 12 x 12
Length: 12.00
Width: 12.00
Level: 2

Room 2
Garage
Area: 88.00
Dimensions: 11 x 8
Length: 11.00
Width: 8.00
Level: 1

Room 3
Bedroom
Area: 324.00
Dimensions: 18 x 18
Length: 18.00
Width: 18.00
Level: 2

Room 4
Kitchen
Area: 88.00
Dimensions: 11 x 8
Length: 11.00
Width: 8.00
Level: 1

Interior Features
Appliances: Cooktop, Range Hood, Refrigerator, Stove/Oven Electric

Exterior

Exterior Features
Pool Type: None
Exterior: Deck Open, Fenced Privacy

Lot Information
Lot/Parcel Access: Paved Road
Zoning: Residential Single Family

Building Information
Construction Status: Construction Complete
Construction/Siding: Brick, Roof Shingle/Shake, Siding Vinyl

Financial

Financial Information
Mortgage Type: Conventional
Brokerage Interest: No Interest

Utilities

Utility Information
Utilities: Public Sewer, Public Water
Energy: AC - Central Elect, Heat Cntrl Electric

Location

Assessment Information
Assessment Fees: Yes
Assessment Amount: 35.00
Assessment Paid: Monthly
Annual Assessment Amount: $420

School Information
Elementary School: Mary Esther
Middle School: Bruner
High School: Fort Walton Beach

Location Information
Sub Area: 1212 - Mary Esther/West of Hurlburt
Area: 12 - Fort Walton Beach
Street #: 473
Street Name: Keystone
Street Suffix: Road
City: Mary Esther
County: Okaloosa
State: FL
Zip Code: 32569
Project Name/Subdivision: KEYSTONE T/H
Absolute Longitude: 86.721467
Longitude: -86.721467
Latitude: 30.413561
Directions: HWY 98 WEST OF HURLBURT.. KEYSTONE ROAD IS ON WEST SIDE OF THE OLD LEISURETIME RV SITE.. TURN ONTO KEYSTONE ROAD - UNIT IS ON THE RIGHT

Public facts

Beds: 2
Baths: 3.0
Sq. Ft.: 1,330
Stories: 2.0
Lot Size: 1,446 square feet
Style: Townhouse
Year Built: 2001
Year Renovated: 2001
County: Okaloosa County
APN: 142S250944000A0040

Home facts updated by county records on Jul 10, 2026

Other

Listing Price Information
List Price: 230000.00
List Price/SqFt: 172.93

Property Information
Apx SqFt(Htd/Cooled): 1330.00
Design: Townhome
Sub-Type: Attached Single Unit

Listing Information
As Is

Around this home

Schools

Florosa Elementary School

Public PreK-5 • Assigned • 0.5mi

9/10

Max Bruner Junior Middle School

Public 6-8 • Assigned • 5.2mi

7/10

Fort Walton Beach High School

Public 9-12 • Assigned • 4.8mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

1% chance of being in a wildfire in next 30 years

10/10 Heat Factor

7 days above 104° expected this year, 24 days in 30 years

9/10 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

90/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.7 hrs

7.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$525,000 – $635,000

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New listings for sale in 32569

$90,000

1 bed1 bath528 sq ft

209 W Miracle Strip Pkwy Unit H201, Mary Esther, FL 32569

$275,000

3 beds2 baths1,182 sq ft

430 Shrewsbury Rd, Mary Esther, FL 32569

$141,900

2 beds1 bath974 sq ft

209 W Miracle Strip Pkwy Unit A304, Mary Esther, FL 32569

$240,000

2 beds2.5 baths1,238 sq ft

134 Noblat Dr, Mary Esther, FL 32569

$435,000

3 beds2 baths1,265 sq ft

1365 W Highway 98 #202, Mary Esther, FL 32569

Home values near 473 Keystone Rd

Data from public records.

Address	Redfin Estimate
472 Keystone Road, Mary Esther, FL 2 Beds \| 2.5 Baths \| 1330 Sq. Ft.	$234,933
474 Keystone Road, Mary Esther, FL 2 Beds \| 3 Baths \| 1330 Sq. Ft.	$238,706

Address	Redfin Estimate
476 Keystone Road, Mary Esther, FL 2 Beds \| 3 Baths \| 1330 Sq. Ft.	$235,788
470 Keystone Road, Mary Esther, FL 2 Beds \| 3 Baths \| 1330 Sq. Ft.	$231,419

Address	Redfin Estimate
478 Keystone Road, Mary Esther, FL 2 Beds \| 3 Baths \| 1330 Sq. Ft.	$229,069
475 Keystone Road, Mary Esther, FL 2 Beds \| 2.5 Baths \| 1330 Sq. Ft.	$229,414

Property information provided by ECAR when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 32569, FL

Sale history for 473 Keystone Rd

Tax history for 473 Keystone Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 32569

Home values near 473 Keystone Rd

More real estate resources