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$327,000

503 Newcastle Dr Fort Walton Beach, FL 32547

3 beds
1 full
1,414 sqft
0.3 acres
$231 / sqft
House

Property details

About 503 Newcastle Dr

Charming Ranch-Style Home - Fort Walton Beach - AS-IS Opportunity! This ranch-style home in the heart of Fort Walton Beach is brimming with potential! Being sold AS-IS, its perfect for investors, flippers, or anyone looking to create their dream home. With a spacious lot and classic single-level layout, this property offers endless possibilities. Whether youre looking to turn it into a high-demand rental or a cozy personal residence, a little TLC and creativity will go a long way. Theres great potential to update and add value—dont miss this opportunity to own a slice of the Florida lifestyle at an affordable price. Excellent investment potential - Prime location near beaches, shopping, and schools Take a look today and imagine the possibilities!

Highlights

Home typeSingle Family Residence
StatusActive
CoolingCeiling Fan(s), Central Air
Size1,414 sqft
Lot size0.25 Acres
Year built1967
MLS #980112

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Disposal, Refrigerator, Electric Oven
  • Total Bedroom Count: 3
  • Private Pool: No
  • Exterior: Yard Building
  • Architectural Style: Ranch
  • Cooling: Ceiling Fan(s), Central Air
  • List Price: $327,000
  • Price/SqFt: $231
  • Annual Tax Amount: $2,465
  • Tax Year: 2023
  • Lot: Corner Lot
  • Directions: From FL-85 (N. Eglin Pkway), make a left or right on to FL-188 (Racetrack Rd NE); Turn LEFT onto Skipper Ave; Turn RIGHT onto Newcastle Dr. From FL-189 (Beal Pkway), make a left or right on to FL-188 (Racetrack Rd NE); Turn RIGHT onto Skipper Ave; Turn RIGHT onto Newcastle Dr IF YOU REACH TRENTON, youve gone too far!
  • Year Built: 1967
  • Stories: 1
  • Living Area: 1,414 SqFt
  • Lot Size: 0.25 Acres
  • MLS Number: 980112
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: Robert Slack LLC
  • Office Email: danw@robertslack.com
  • Listing Agent: James H Hinkle

IDX 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 2025. 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: 7/24/2025, 4:40:41 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Feb 05, 2021
Home Sold
$115,000

Tax history

YearAssessmentProperty Tax
2023$199,153$2,465
2022$184,840$2,307
2021$145,206$2,307
2020$130,469$1,854
2018$81,911$455
2017$80,226$447

History based on county public records data.

Nearby schools

6

Kenwood Elementary School

Public District PK-5

1.2 mi

15 Eagle St NE

3

Wright Elementary School

Public District PK-5

1.4 mi

305 Lang Rd

5

Elliott Point Elementary School

Public District PK-5

1.6 mi

301 Hughes St NE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,626. The majority of Fort Walton Beach, FL residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

22%
<35k
63%
35k-100k
13%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
13%
Single, with Kids
21%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
6%
12-17 yrs old
27%
18-34 yrs old
40%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Horse RacesHorse Races
  • SoccerSoccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Stein MartStein Mart
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • LongHorn SteakhouseLongHorn Steakhouse
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • MazdaMazda

What do the neighbors listen to?

  • RockRock
  • Contemporary InspirationalContemporary Inspirational
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 503 Newcastle Dr

The listing price of 503 Newcastle Dr property is $327,000.

The property 503 Newcastle Dr is a house located in Fort Walton Beach, Florida, 32547.

Active Listing: 503 Newcastle Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 503 Newcastle Dr are: Kenwood Elementary School (GreatSchools Rating 6/10), Wright Elementary School (GreatSchools Rating 3/10), Elliott Point Elementary School (GreatSchools Rating 5/10), W.C. Pryor Middle School (GreatSchools Rating 5/10), Meigs Middle School (GreatSchools Rating 5/10), Max Bruner Junior Middle School (GreatSchools Rating 5/10), Choctawhatchee High School (GreatSchools Rating 4/10), Okaloosa Technical College and Choice High School (GreatSchools Rating 2/10), Fort Walton Beach High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $2,465 (source: MLS/based on county public records data).

The last sale was on February 5, 2021 for $115,000 (source: MLS/tax record).

The property at 503 Newcastle Dr has 3 bedrooms and 1 bathroom.

The property 503 Newcastle Dr is 1,414 SqFt (source: MLS/tax record).

The year of construction for 503 Newcastle Dr is 1967.

This home is located at 503 Newcastle Dr in Fort Walton Beach, FL and zip code 32547. This 1,414 square foot home, which was built in 1967, sits on a 0.25 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 2, 2025 and is currently priced at $327,000.

Over 8 listings were sold over their listed price in June 2025 in Fort Walton Beach, FL. In the same period over 41 listings were sold below the listed price and 17 listings were sold for the listed price. In June 2025 in Fort Walton Beach, FL there were 2.1% more homes for sale than in May. In June 2025 median list price was $350,000 and the average listing age was 69 days.

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

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