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Miramar Beach 32550
1311 Ravens Run
$285,000
● House - Off Market

1311 Ravens Run

Destin, FL 32550
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,259 Ft²
$582,896
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

SHORT SALE. AFFORDABLE FLORIDA STYLE COTTAGE IN SANDESTIN RESORT! Worn, Pine floors, soaring ceilings and lots of natural light make an immediate impact in this comfortable 2 bedroom,2 bath home. Tiled counters, spacious eating bar, pantry and laundry area accent the kitchen. This home's large, wrap around porch and back yard allow ample outdoor living space to enjoy the Florida lifestyle. Laurel Grove, a picturesque neighborhood nestled amongst Magnolias and Pines offers a beautiful community club house, pool and fitness center. Located in Sandestin Resort, a full service marine, tennis, 4 championship golf courses, miles of hiking & biking trails and the exquisite restaurants & shops of Baytown Wharf are just a short golf cart ride away. Come see this fantastic opportunity to own in Sandestin today.
Unit Size
1,259 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$237
Property Type
House
Property Taxes
-
HOA Dues
$451
Year Built
2004

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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 #591852)

Price History

Date / Event Date Event Price
Apr 13, 2023 Sold
Premium
Sold
Apr 25, 2019 Sold
Premium
Sold
Mar 31, 2019 No longer available -
No longer available
Mar 22, 2019 Price Decreased $392,500
↓ $8K (1.9%)
Price Decreased
Feb 6, 2019 Price Decreased $399,999
↓ $6K (1.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,981
  • Total Building Area: 1,259
  • Gross Building Area: 1,259
  • Building Area: 1,259
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,259
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAUREL GROVE PH II
  • Land Acres: 0000000091
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 1311 LAUREL GROVE PH II PB 16-3 OR 2618-2920 OR 2933-4028 OR 3023-483 OR 3103-2615 OR 3151-680

Neighborhood

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

Zoning

  • Zoning: SD

Geography

  • Assessors Map Reference: CAP-Y
  • Subdivision Phase Number: 2
  • Parcel: 26-2S-21-42811-000-1311
  • Block: 13
  • Lot: 1311
  • Meridian: SEC 26 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3874
  • Longitude: -86.3137

    Address

  • Full Address: 1311 Ravens Run E
  • Address - House Number: 1311
  • Street Segment Direction: E
  • Address - Street Name: Ravens
  • Address - Suffix Type: Run
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C024
  • 4-Digit Zip Code: 1859
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 1,427
  • Tax Year: 2022
  • Tax Amount: $428,516
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.0888
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 92
  • Final Value: 655,773
  • High Value: 714,007
  • Low Value: 597,540

    Market Valuation

  • Market Total Value: $525,433
  • Market Land Value: $114,903
  • Market Improvement Value: $410,530

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $525,433
  • Assessed Land Value: $114,903
  • Assessed Improvements Value: $410,530

    Sales

  • Current Sale Contract Date: Apr 12, 2023
  • Current Sale Recording Date: Apr 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12763
  • Previous Sale Recording Date: Apr 25, 2019
  • Previous Sale Contract Date: Apr 25, 2019
  • Previous Sale Amount: $374,500
  • 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:

$732,450

Sale Price/ft²

$498

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1713 ft²

Average Home Age

26.5 years

Currently For Sale

990 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: Karen K Martineau, RE/MAX Coastal Properties
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 591852
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 1311 Ravens Run built and last sold?
The property at 1311 Ravens Run was built in 2004 and last sold on Apr 12, 2023 for $730,000.
How much is this home worth?
The estimated value of the home located at 1311 Ravens Run is $0.
What are some comparable homes to 1311 Ravens Run?
There are currently no comparable homes to 1311 Ravens Run.
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