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Miramar Beach 32550
107 Gulfside Way
$1,020,000
● House - Off Market

107 Gulfside Way

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,610 Ft²
$988,362
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Incredible Location! Turnkey Vacation Rental Cottage Gulfside Cottages is loved by owners & a favorite of rental guests, a cul de sac community w/ only 29 homes, white picket fences, neighborhood heated pool (in Spring) and is just quick walk to the Gorgeous Beach! 3 bedroom, 2 1/2 bath cottage. Sold FURNISHED! Spacious Kitchen w/granite countertops, & Stainless Appliances.  Open Dining/Great Room!  Coastal decor. Inviting front porch and spacious wrap around back porch for relaxing, reading, enjoying your morning coffee or evening beverage. Covered carport w/storage for all of your Beach toys. Upstairs is the HUGE Master Bedroom & ensuite bath; 2 walk in closets!  &2 additional guest Bedrooms & Full Bath. LOW HOA Dues. Convenient to shopping, grocery stores, fast food & fine dining.
Unit Size
1,610 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$606
Property Type
House
Property Taxes
$334
HOA Dues
$275
Year Built
2002

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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 #892146)

Price History

Date / Event Date Event Price
Apr 14, 2022 Sold
Premium
Sold
Feb 28, 2022 Listed by EXP Realty LLC $975,000
Listed by EXP Realty LLC
Jan 6, 2017 Sold
Premium
Sold
May 3, 2010 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 3
  • Garage Square Area: 240
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,933
  • Total Building Area: 1,610
  • Gross Building Area: 1,610
  • Building Area: 1,610
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,610
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GULFSIDE COTTAGES
  • Land Acres: 0000000090
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 22 GULFSIDE COTTAGES S/D PB 11-24 OR 2419-452 OR 2515-1930 OR 2515-1931 OR 2840-4926 OR 3030-2586 OR 3248-81

Neighborhood

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

Geography

  • Assessors Map Reference: S2-33-21
  • Parcel: 33-2S-21-42530-000-0220
  • Block: 2
  • Lot: 22
  • Meridian: SEC 33 TWN 02S RNG 21W
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3745
  • Longitude: -86.3494

    Address

  • Full Address: 107 Gulfside Way
  • Address - House Number: 107
  • Address - Street Name: Gulfside
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C027
  • 4-Digit Zip Code: 7157
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 1,803
  • Tax Year: 2022
  • Tax Amount: $518,982
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 1,096,097
  • High Value: 1,342,350
  • Low Value: 849,845

    Market Valuation

  • Market Total Value: $693,843
  • Market Land Value: $133,814
  • Market Improvement Value: $560,029

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $693,843
  • Assessed Land Value: $133,814
  • Assessed Improvements Value: $560,029

    Sales

  • Current Sale Contract Date: Apr 09, 2022
  • Current Sale Recording Date: Apr 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17746
  • Previous Sale Recording Date: Jan 06, 2017
  • Previous Sale Contract Date: Jan 03, 2017
  • Previous Sale Amount: $418,000
  • 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:

$729,900

Sale Price/ft²

$497

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1708 ft²

Average Home Age

26.6 years

Currently For Sale

994 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: Bremer Group, EXP Realty LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 892146
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 107 Gulf Side Way built and last sold?
The property at 107 Gulf Side Way was built in 2002 and last sold on Apr 9, 2022 for $1,020,000.
How much is this home worth?
The estimated value of the home located at 107 Gulf Side Way is $979,353.
What are some comparable homes to 107 Gulf Side Way?
There are currently no comparable homes to 107 Gulf Side Way.
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