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Miramar Beach 32550
1329 E Ravens Run
$960,000
● House - Off Market

1329 E Ravens Run

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
3 Baths
$6,036
Est. Monthly
$576
HOA / Fees
1.66%
Cap Rate

About This Property

Welcome to Sea Turtle Cottage on Laurel Point, the pinnacle of living in Laurel Grove.  This residence is perfectly situated for maximizing its exposure to the captivating vistas of the water surrounding Laurel Point, as well as the 17th fairway of the Raven Golf Course at the Sandestin Golf & Beach Resort.  This turnkey ready 3 bedroom, 3 bath beach house is described as a quiet rental in the lap of luxury and can become your own private sanctuary or primary residence, if you prefer.  This completely open floor plan will impress you with the sheer volume of space in the two-story cathedral ceiling living room along with its grand sized second floor guest suite.  Come cozy up, sit back and relax on the magnificent screened-in porch today and start making your memories for tomorrow!
Unit Size
-
Days on Market
88 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$574
HOA Dues
$576
Year Built
2005

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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: 11 months ago (ECAR #986298)

Price History

Date / Event Date Event Price
Dec 23, 2025 Sold
Premium
Sold
Oct 21, 2025 In contract -
In contract
Sep 26, 2025 Listed by Platinum Realty LLC $995,000
Listed by Platinum Realty LLC
Mar 2, 2022 Sold
Premium
Sold
Jan 5, 2022 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • 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: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,694
  • Total Building Area: 2,059
  • Gross Building Area: 2,059
  • Building Area: 2,059
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,059
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAUREL GROVE PH III
  • Land Acres: 0000000085
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 1329 LAUREL GROVE PH III PB 16-56 OR 2662-1630 OR 2897-3613 OR 3241-1381

Neighborhood

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

Zoning

  • Zoning: SD

Geography

  • Assessors Map Reference: S2-25-21
  • Subdivision Phase Number: 3
  • Parcel: 25-2S-21-42800-000-1329
  • Block: 13
  • Lot: 1329
  • Meridian: SEC 25 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3892
  • Longitude: -86.312

    Address

  • Full Address: 1329 Ravens Run E
  • Address - House Number: 1329
  • 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: 1845
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,004
  • Tax Year: 2022
  • Tax Amount: $547,582
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2647
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 1,014,146
  • High Value: 1,282,637
  • Low Value: 745,655

    Market Valuation

  • Market Total Value: $699,989
  • Market Land Value: $120,648
  • Market Improvement Value: $579,341

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $699,989
  • Assessed Land Value: $120,648
  • Assessed Improvements Value: $579,341

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Mar 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9894
  • Previous Sale Recording Date: Aug 15, 2012
  • Previous Sale Contract Date: Aug 09, 2012
  • Previous Sale Amount: $410,000
  • 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:

$719,900

Sale Price/ft²

$491

Below Asking

0.03%

Average Days on Market

110

Average Home Size

1718 ft²

Average Home Age

26.5 years

Currently For Sale

676 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: Ginger J Lundstrom, Platinum Realty LLC
Last Updated: 11 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 986298
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 1329 Ravens Run East built and last sold?
The property at 1329 Ravens Run East was built in 2005 and last sold on Feb 28, 2022 for $820,000.
How much is this home worth?
The estimated value of the home located at 1329 Ravens Run East is $1,004,950.
What are some comparable homes to 1329 Ravens Run East?
There are currently no comparable homes to 1329 Ravens Run East.
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