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Miramar Beach 32550
140 Miami Street
$3,270,000
● House - Off Market

140 Miami Street

Miramar Beach, FL 32550
bedrooms
9 Beds
bathrooms
10 Baths, 1 Half Bath
square feet
5,308 Ft²
$16,456
Est. Monthly

About This Property

Off market sale entered for comp purposes
Unit Size
5,308 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$616
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1979

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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 #967761)

Price History

Date / Event Date Event Price
Feb 4, 2025 Listed by Mainsail Realty Company $3,270,000
Listed by Mainsail Realty Company
Feb 1, 2022 Sold
Premium
Sold
Jan 10, 2002 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 6
  • 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: 69
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,140
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,000
  • Gross Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: FRANGISTA BEACH 1ST ADD
  • Land Acres: 0000000118
  • Standard Land Use Code: 8000
  • County Land Use Code: 000100
  • Legal Description 1: LOT 6 BLK A FRANGISTA BEACH 1ST ADD OR 52-186 OR 1334-163 OR 2346A-1125 OR 2346A-1126 OR 2376-576 OR 3236-3991

Neighborhood

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

Geography

  • Assessors Map Reference: S2-32-21
  • Parcel: 32-2S-21-42040-00A-0060
  • Block: A
  • Lot: 6
  • Meridian: SEC 32 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3787
  • Longitude: -86.3766

    Address

  • Full Address: 140 Miami St
  • Address - House Number: 140
  • Address - Street Name: Miami
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 4695
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 918
  • Tax Year: 2022
  • Tax Amount: $353,643
  • Tax Rate Code Area: 007

    Market Valuation

  • Market Total Value: $508,040
  • Market Land Value: $409,035
  • Market Improvement Value: $99,005

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $508,040
  • Assessed Land Value: $409,035
  • Assessed Improvements Value: $99,005

    Sales

  • Current Sale Contract Date: Jan 28, 2022
  • Current Sale Recording Date: Feb 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4627
  • Previous Sale Recording Date: Jan 10, 2002
  • Previous Sale Contract Date: Jan 04, 2002
  • Previous Sale Amount: $133,000
  • 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:

$740,000

Sale Price/ft²

$502

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1704 ft²

Average Home Age

26.5 years

Currently For Sale

983 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: Clayton F Bonjean, Mainsail Realty Company
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 967761
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 140 Miami Street built and last sold?
The property at 140 Miami Street was built in 1979 and last sold on Jan 28, 2022 for $600,000.
How much is this home worth?
The estimated value of the home located at 140 Miami Street is $0.
What are some comparable homes to 140 Miami Street?
There are currently no comparable homes to 140 Miami Street.
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