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Miramar Beach 32550
1605 San Marina Boulevard
$1,180,000
● House - Off Market

1605 San Marina Boulevard

Miramar Beach, FL 32550
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,662,471
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

4 BEDROOM 1 STORY HOME ON THE GOLF COURSE WITH A POOL. OPEN CONCEPT, EASY LIVING FLOOR PLAN HOME IS IN IMMACULATE CONDITION WITH UPGRADES GALORE INCLUDING HARDWOOD FLOORS THRU THE MAIN LIVING AREA OF THE HOME AND A CUSTOM BUILT IN TV ENTERTAINMENT CENTER IN LIVING ROOM. THE KITCHEN INCLUDES SUB ZERO, WOLF& BOSCH APPLIANCES WITH A LARGE ISLAND, SEPARATE BAR AREA AND PANTRY. MASTER BEDROOM SUITE IS LARGE AND PRIVATE OVERLOOKING THE POOL. MASTER BATHROOM HAS DOUBLE VANITIES, LARGE WALK IN SHOWER, AND WALK IN CLOSET. THE SUN ROOM IS AN ADDED BONUS WHERE YOU CAN SIT INSIDE THE HOME AND ENJOY THE VIEWS OF THE POOL AND GOLF COURSE. ***NEW PHOTOS COMING SOON***
Unit Size
-
Days on Market
56 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$611
HOA Dues
-
Year Built
2013

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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: 8 months ago (ECAR #847224)

Price History

Date / Event Date Event Price
Jul 27, 2020 Sold
Premium
Sold
May 26, 2020 Listed by Paradise Property Brokers Inc $1,199,000
Listed by Paradise Property Brokers Inc
May 14, 2018 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 614
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 13,642
  • Total Building Area: 3,762
  • Gross Building Area: 3,762
  • Building Area: 3,148
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,148
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GENOA
  • Land Acres: 0000000313
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 1605 GENOA S/D PB 16-40 OR 2648-4480 OR 2884-1418 OR 2938-2415 OR 3038-4249 OR 3073-2893 OR 3152-799

Neighborhood

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

Geography

  • Assessors Map Reference: S2-23-21
  • Parcel: 23-2S-21-42850-000-1605
  • Block: 16
  • Lot: 1605
  • Meridian: SEC 23 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3926
  • Longitude: -86.3154

    Address

  • Full Address: 1605 San Marina Blvd
  • Address - House Number: 1605
  • Address - Street Name: San Marina
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 5811
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 3,511
  • Tax Year: 2022
  • Tax Amount: $930,177
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 1,833,651
  • High Value: 2,319,391
  • Low Value: 1,347,910

    Market Valuation

  • Market Total Value: $1,148,638
  • Market Land Value: $378,325
  • Market Improvement Value: $770,313

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,046,880

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 22, 2020
  • Current Sale Recording Date: Jul 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200027184
  • Previous Sale Recording Date: May 14, 2018
  • Previous Sale Contract Date: May 11, 2018
  • Previous Sale Amount: $975,000
  • 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:

$721,950

Sale Price/ft²

$490

Below Asking

0.03%

Average Days on Market

110

Average Home Size

1730 ft²

Average Home Age

26.4 years

Currently For Sale

681 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: Clifford W Milam, Paradise Property Brokers Inc
Last Updated: 8 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 847224
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 1605 San Marina Boulevard built and last sold?
The property at 1605 San Marina Boulevard was built in 2013 and last sold on Jul 22, 2020 for $1,180,000.
How much is this home worth?
The estimated value of the home located at 1605 San Marina Boulevard is $0.
What are some comparable homes to 1605 San Marina Boulevard?
There are currently no comparable homes to 1605 San Marina Boulevard.
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