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$550,000 Just Listed
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Property Description
2/3 acre mixed use parcel in central Niceville on the corner of Highway 285 and Madison St. offering a combination of commercial and residential. This property provides a prime location with convenient access to military bases, schools, retail, and the Mid-Bay Bridge to Destin. Multi use zoning allows for a mix of residential and commercial. Zoning Disclaimer: Buyer is responsible for independently verifying all zoning classifications, allowable uses, development standards, and permitting requirements with the appropriate governing authorities.
Full Property Details
Full Property Details for 207 Madison St
General
- Price: $550,000
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 994422
- Updated: 2/3/2026
- Added to Site: Today
Location
- Area: 13 - Niceville
- County: Okaloosa
- Driving Directions: From John Sims Parkway (FL-20), turn north onto Partin Drive.Turn right onto Madison Street.Continue straight--207 Madison St will be on your left.
Lot Features
- Lot Size (Acres): 0.65
- Lot Dimensions: 199 x 139
Disclosures and Reports
- Legal Description: VALPARAISO P/C 2 LOTS 9-12 BLK 58
- APN: 05-1S-22-256B-0058-0090
Listed by Sound Choice Real Estate LLC
Get Pre-Approved Today
Schools
Schools serving 207 Madison St
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Lula J. Edge Elementary School 300 Florida 85, Niceville, FL 32578 | K-5 | 1.4 mi |
C. W. Ruckel Middle School 201 Partin Drive North, Niceville, FL 32578 | 6-8 | 0.4 mi |
Niceville Senior High School 800 John Sims Parkway, Niceville, FL 32578 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 207 Madison St
Date
Details
Price
Change
Source
2/03/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 207 Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,741
6%
$216,532
8%
2024
$2,581
-7%
$199,620
-6%
2023
$2,766
-4%
$212,276
-4%
2021
$2,889
-7%
$220,172
-7%
2022
$3,121
8%
$237,592
14%
2021
$2,889
7%
$208,801
4%
2019
$2,700
7%
$201,670
8%
2018
$2,535
2%
$187,202
4%
2017
$2,485
6%
$180,477
5%
2016
$2,351
5%
$171,684
5%
2015
$2,247
2%
$163,484
1%
2014
$2,205
8%
$161,412
7%
2013
$2,045
—
$150,706
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 207 Madison St
207 Madison Street, Niceville, FL 32578 (MLS# 994422) is a Commercial property. 207 Madison Street is currently listed for $550,000 and was received on February 03, 2026. Want to learn more about 207 Madison Street? Do you have questions about finding other Commercial real estate for sale in Niceville? You can browse all Niceville real estate or contact a Coldwell Banker agent to request more information.

