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Miramar Beach 32550
106 Leeward Drive
$292,000
● House - Off Market

106 Leeward Drive

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,671 Ft²
$554,286
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model

About This Property

**Be sure to view the virtual tour**

Very nice 3 br, 2 bath, 2 car garage is a must see. Deeded beach access less than 3 blocks from the beach and large private community pool. Home has vaulted ceilings, fireplace, fenced in back yard and recent upgrades that include carpet and tile floors.
Unit Size
1,671 Ft²
Days on Market
-
Land Size
-
Price per sqft
$179
Property Type
House
Property Taxes
$167
HOA Dues
$515
Year Built
2000

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (ECAR MLS #717809)

Price History

Date / Event Date Event Price
Mar 5, 2018 Sold
Premium
Sold
Feb 27, 2015 Sold
Premium
Sold
Nov 7, 2014 Listed by Keller Williams Realty Destin $299,900
Listed by Keller Williams Realty Destin

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,447
  • Total Building Area: 2,091
  • Gross Building Area: 2,091
  • Building Area: 1,671
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,671
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEASPRAY
  • Land Acres: 0000000194
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 32 SEASPRAY PB 14-18 OR 2296-1490 OR 2629-497 OR 2972-1255 OR 3067-597

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950609

Geography

  • Assessors Map Reference: S2-28-21
  • Parcel: 28-2S-21-42600-000-0320
  • Block: 3
  • Lot: 32
  • Meridian: SEC 28 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3787
  • Longitude: -86.356

    Address

  • Full Address: 106 Leeward Dr
  • Address - House Number: 106
  • Address - Street Name: Leeward
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C027
  • 4-Digit Zip Code: 4122
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 1,920
  • Tax Year: 2022
  • Tax Amount: $244,805
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2647
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 728,802
  • High Value: 921,749
  • Low Value: 535,854

    Market Valuation

  • Market Total Value: $468,649
  • Market Land Value: $93,729
  • Market Improvement Value: $374,920

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $302,328

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2018
  • Current Sale Recording Date: Mar 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018000007063
  • Previous Sale Recording Date: Feb 27, 2015
  • Previous Sale Contract Date: Feb 26, 2015
  • Previous Sale Amount: $292,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Miramar Beach

Stats & Trends

Median Asking:

$740,000

Sale Price/ft²

$500

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1704 ft²

Average Home Age

26.5 years

Currently For Sale

983 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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ECAR

Listed by: Laurie Hollowell Team, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 717809
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 106 Leeward Drive built and last sold?
The property at 106 Leeward Drive was built in 2000 and last sold on Feb 28, 2018 for $350,000.
How much is this home worth?
The estimated value of the home located at 106 Leeward Drive is $0.
What are some comparable homes to 106 Leeward Drive?
There are currently no comparable homes to 106 Leeward Drive.
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