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$300,000 Just Listed
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Property Description
**Assumable FHA Loan @ 2.875% Offered to Qualified Buyers** Live minutes from the beach lifestyle you want, without paying beach prices! Add in a $10,000 seller credit and an assumable 2.875% FHA loan, and this opportunity stands out from the start. Set in the heart of Valparaiso, this well-located home delivers both convenience and flexibility with a functional layout plus a converted garage bonus space, perfect for a home office, gym, playroom, or additional storage (not included in bedroom count). Just minutes from Eglin Air Force Base, dining, shopping, and everyday essentials, the location makes daily living easy. An added plus, you're only about 5 minutes to VPS Airport, making travel in and out of the area incredibly convenient! Spend your weekends exploring Turkey Creek Nature Trail just down the road, known for its clear spring-fed waters, scenic paths, and kayaking. The home is also zoned for highly regarded schools recognized for strong academics and athletics, adding long-term appeal. All of this, while being a short drive to the white-sand beaches of the Emerald Coast, giving you the best of coastal living with the space, accessibility, and value that's getting harder to find. Updates include a newer roof (2019) and a new AC system (2023), so you can move in with confidence. Whether you're searching for a primary residence, second home, or investment opportunity, this property checks the boxes for lifestyle, location, and added financial advantage!
Full Property Details
Full Property Details for 79 Kelly Way
General
- Price: $300,000
- Taxes: $2,992 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 1008297
- Updated: 7/23/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: TV Cable
Interior
- Number of Rooms: 7
- Interior Features: Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
- Appliances: Dishwasher, Disposal, Refrigerator W/IceMk, Stove/Oven Electric, Water Heater - Elect
- Flooring: Floor Tile, Floor WW Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Rain Gutter, Fenced Back Yard
- Porch/Patio/Deck: Deck Open, Porch
Parking
- Parking Features: Converted Garage
Location
- Area: 13 - Niceville
- County: Okaloosa
- Subdivision: KELLY HILL ESTATES
- Driving Directions: Follow John Simms Parkway up to North on Hwy. 85, Turn left at light for College Blvd., turn right on Kelly Way into Kelly Hill Estates, follow around to house on left.
School Information
- Elementary School: Edge
- Middle School: Lewis
- High School: Niceville
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water
Structural Information
- Architectural Style: Traditional
- Construction: Siding Vinyl, Trim Vinyl
- Exterior Const.: Siding Vinyl, Trim Vinyl
- Stories/Levels: 1
- Square Feet: 1,293
- Sq. Ft. Source: County PA Records
- Year Built: 1986
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049.2
- Lot Dimensions: 32 x 86 x 39 x 87
- Frontage: City Street
- Street/Road Desc.: Paved
- Lot Features: Flood Insurance Req
- Zoning: City, Resid Single Family
- Fencing (Description): Fenced Chain Link, Fenced Privacy
Financial Considerations
- Tax Amount: $2,992.92
- Tax Year: 2025
Disclosures and Reports
- Legal Description: KELLY HILL EST LOT 40
- APN: 01-1S-23-1349-0000-0400
- Property ID: 01-1S-23-1349-0000-0400
Listed by Real Broker LLC
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Schools
Schools serving 79 Kelly Way
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Addie R. Lewis School 281 Mississippi Avenue, Valparaiso, FL 32580 | K-4 | 2.9 mi |
Niceville Senior High School 800 John Sims Parkway, Niceville, FL 32578 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 79 Kelly Way
Date
Details
Price
Change
Source
7/23/2026
Listed
$300,000
59.57%
MLS
5/08/2020
Sold
$188,000
—
Public Record
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 79 Kelly Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,993
9%
$202,931
7%
2024
$2,750
10%
$189,840
—
2023
$2,511
24%
$190,285
39%
2021
$2,027
-13%
$136,703
-23%
2022
$2,320
14%
$176,506
42%
2021
$2,027
102%
$124,258
12%
2019
$1,001
-33%
$111,052
14%
2018
$1,483
5%
$97,256
6%
2017
$1,418
2%
$91,584
2%
2016
$1,385
-2%
$89,927
1%
2015
$1,408
10%
$89,303
7%
2014
$1,285
1%
$83,240
1%
2013
$1,278
—
$82,211
—
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 79 Kelly Way
79 Kelly Way, Valparaiso, FL 32580 (MLS# 1008297) is a Single Family property with 3 bedrooms and 2 full bathrooms. 79 Kelly Way is currently listed for $300,000 and was received on July 23, 2026. Want to learn more about 79 Kelly Way? Do you have questions about finding other Single Family real estate for sale in Valparaiso? You can browse all Valparaiso real estate or contact a Coldwell Banker agent to request more information.

