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Miramar Beach 32550
1335 E Ravens Run
$792,000
● House - Off Market

1335 E Ravens Run

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
3 Baths
$5,128
Est. Monthly
$549
HOA / Fees
1.15%
Cap Rate

About This Property

PRICED TO SELL!!!CHARMING Southern Florida Cottage with a Wrap Around Porch located at the Sandestin Golf and Beach Resort in a Quiet Cul de Sac. Cottage has 3 bedrooms(2 Downstairs) and 1 Bedroom(Upstairs) each Bedroom has their Own Full Baths. Kitchen has been Updated with White Quartz Countertops, Stainless Appliances and Upgraded Cabinets. Stone Floors run thru the Main Living Area of the First Floor. Home can be used as a Full Time Residence or a Vacation Rental Property. Laurel Grove community has a Large Swimming Pool and Spa, Fitness Center and Clubhouse. Home has a NEW HVAC, Hot Water Heater, Washer & Dryer, New Dishwasher and Interior has Recently been Painted and Also a New Roof was just completed . Home Sold Furnished Less Sellers Personal Items.
Unit Size
-
Days on Market
209 days
Land Size
0.07 acres
Price per sqft
-
Property Type
House
Property Taxes
$508
HOA Dues
$549
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: 2 years ago (ECAR #967055)

Price History

Date / Event Date Event Price
Aug 22, 2025 Sold
Premium
Sold
Aug 2, 2025 In contract -
In contract
Jun 2, 2025 Price Decreased $829,000
↓ $30K (3.5%)
Price Decreased
Apr 30, 2025 Price Decreased $859,000
↓ $20K (2.3%)
Price Decreased
Mar 15, 2025 Price Decreased $879,000
↓ $18K (2%)
Price Decreased
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: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 1,623
  • Gross Building Area: 1,623
  • Building Area: 1,623
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,623
  • 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: 0000000080
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 1335 LAUREL GROVE PH III PB 16-56 OR 2666-2035 OR 2862-2861 OR 2897-3571 OR 3154-1898 OR 3202-3021

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-21-42800-000-1335
  • Block: 13
  • Lot: 1335
  • Meridian: SEC 25 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.389
  • Longitude: -86.3126

    Address

  • Full Address: 1335 Ravens Run E
  • Address - House Number: 1335
  • 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: 1846
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 1,800
  • Tax Year: 2022
  • Tax Amount: $581,233
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,003,382
  • High Value: 1,230,091
  • Low Value: 776,674

    Market Valuation

  • Market Total Value: $665,352
  • Market Land Value: $114,903
  • Market Improvement Value: $550,449

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $665,352
  • Assessed Land Value: $114,903
  • Assessed Improvements Value: $550,449

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210030018
  • Previous Sale Recording Date: Aug 10, 2020
  • Previous Sale Contract Date: Jul 31, 2020
  • Previous Sale Amount: $518,800
  • 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:

$735,000

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

Rentals Near You

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ECAR

Listed by: Greg Kohls, Kohls Group LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 967055
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 1335 Ravens Run built and last sold?
The property at 1335 Ravens Run was built in 2005 and last sold on Jun 10, 2021 for $735,000.
How much is this home worth?
The estimated value of the home located at 1335 Ravens Run is $837,290.
What are some comparable homes to 1335 Ravens Run?
There are currently no comparable homes to 1335 Ravens Run.
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