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Miramar Beach 32550
1122 Prestwick Place
$470,000
● House - Off Market

1122 Prestwick Place

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,992 Ft²
$1,043,281
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

This Prestwick home has a very open, livable floor plan. The interior has been completely updated with new painting, stainless steel appliances and granite kitchen countertops. Two bedrooms downstairs, each with their own bath makes this an ideal home for having guests. Upstairs is a private master with huge walk-in closet and well-appointed bath with lots of windows for natural lighting. A large balcony upstairs gives views of the golf course and lake but with enough tree cover to afford a bit of privacy. Downstairs has a large screened-in lanai perfect for entertaining or a relaxing break outdoors. The Sandestin Golf and Beach Resort boasts more than seven miles of sugar-white sand beach and bay front property, four championship golf courses, 15 world-class tennis courts, 19
Unit Size
1,992 Ft²
Days on Market
-
Land Size
-
Price per sqft
$281
Property Type
House
Property Taxes
-
HOA Dues
$355
Year Built
1999

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #713087)

Price History

Date / Event Date Event Price
Nov 20, 2014 Sold
Premium
Sold
Aug 27, 2014 Listed by Sandestin Real Estate $559,000
Listed by Sandestin Real Estate
Apr 24, 2002 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,207
  • Total Building Area: 2,352
  • Gross Building Area: 2,352
  • Building Area: 2,352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,352
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRESTWICK PLACE
  • Land Acres: 0000000188
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 1122 PRESTWICK PLACE S/D PB13-48-A OR1966-255 OR1992-31 OR 2022-375 OR 2398-1652 OR 2964-4624

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950607

Zoning

  • Zoning: SD

Geography

  • Assessors Map Reference: S2-26-21
  • Parcel: 26-2S-21-42620-000-1122
  • Block: 11
  • Lot: 1122
  • Meridian: SEC 26 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3816
  • Longitude: -86.3197

    Address

  • Full Address: 1122 Prestwick Pl
  • Address - House Number: 1122
  • Address - Street Name: Prestwick
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C024
  • 4-Digit Zip Code: 7862
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,230
  • Tax Year: 2022
  • Tax Amount: $568,496
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2578
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 1,156,217
  • High Value: 1,454,317
  • Low Value: 858,117

    Market Valuation

  • Market Total Value: $753,555
  • Market Land Value: $187,458
  • Market Improvement Value: $566,097

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $753,555
  • Assessed Land Value: $187,458
  • Assessed Improvements Value: $566,097

    Sales

  • Current Sale Contract Date: Nov 18, 2014
  • Current Sale Recording Date: Nov 20, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014661302957
  • Previous Sale Recording Date: Apr 24, 2002
  • Previous Sale Contract Date: Apr 19, 2002
  • Previous Sale Amount: $364,500
  • 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:

$719,450

Sale Price/ft²

$493

Below Asking

0.03%

Average Days on Market

110

Average Home Size

1721 ft²

Average Home Age

26.3 years

Currently For Sale

691 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

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ECAR

Listed by: Gary Bowman, Sandestin Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 713087
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 1122 Prestwick Place built and last sold?
The property at 1122 Prestwick Place was built in 1999 and last sold on Nov 18, 2014 for $470,000.
How much is this home worth?
The estimated value of the home located at 1122 Prestwick Place is $0.
What are some comparable homes to 1122 Prestwick Place?
There are currently no comparable homes to 1122 Prestwick Place.
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