$440,000
●
Condo -
Off Market
162 Windancer Lane #401
Miramar Beach, FL 32550
2 Beds
2 Baths
1,268 Ft²
$902,091
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model
About This Property
Top floor, end unit with gorgeous views of the Gulf of Mexico!
Located in Windancer, an intimate 4 story complex with a Gulf front
pool and private beach, and within walking distance to Silver Sands
Outlet Stores, restaurants, and grocery stores. This two story
2B/2B condo sleeps like a 3 bedroom with a downstairs master
bedroom, 2nd story loft bedroom, and an additional private bonus
room with a queen size bed. This condo features new wood-plank tile
flooring in the downstairs, new granite and stainless steel
appliances in the kitchen, new bathroom vanities and fixtures, and
fresh paint throughout. The dining/living room has vaulted
ceilings, lots of sunlight, and plenty of room for entertaining.
Breathtaking views, coastal charm, and a great location make this
condo a MUST SEE! *New HVAC system was installed in Oct. 2014.*
Unit Size
1,268 Ft²
Days on Market
-
Land Size
-
Price per sqft
$394
Property Type
Condo
Property Taxes
-
HOA Dues
$683
Year Built
-
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Cap Rate Calculator
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Operating Profit Per Year
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 #724899)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2015 | Sold | ||
| Sold | |||
| Mar 11, 2015 | Listed by Sandestin Real Estate | $499,000 | |
| Listed by Sandestin Real Estate | |||
Property Highlights
Elevator
Air Conditioning
Parking Details
Parking Features: Guest
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Vaulted, Floor Tile, Floor WW Carpet, Furnished - All, Owner's Closet, Washer/Dryer Hookup, Window Treatment All
Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
Rooms: 6
Exterior Details
Property Condition: Construction Complete
Year Built: 1996
Window Features: Double Pane Windows
Construction Materials: Roof Composite Shngl, Stucco, Trim Aluminum
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Utilities: Electric, Public Sewer, Public Water, TV Cable
Location Details
Association Fee Includes: Accounting, Ground Keeping, Insurance, Legal, Management, Sewer, Water, Trash
Association Fee Frequency: Monthly
Association Fee2: $683
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/06/2025
|
1 Bed
|
2 Bath
|
-
|
$699,000
1 Bed
2 Bath
|
$699,000
12/18/2025
|
Abbott Martin Group
EXP Realty LLC
| |
|
06/07/2025
|
2 Bed
|
2 Bath
|
-
|
$750,000
2 Bed
2 Bath
|
$750,000
06/20/2025
|
Chris Taylor
Ocean Reef Realty Inc
| |
|
02/05/2025
|
1 Bed
|
1 Bath
|
-
|
$655,000
1 Bed
1 Bath
|
$645,000
-1.53%
03/13/2025
|
Jessica Forrester
FIV Realty Co Florida LLC
| |
|
12/06/2024
|
1 Bed
|
2 Bath
|
806 ft²
|
$695,000
1 Bed
2 Bath
806 ft²
|
$672,500
-3.24%
01/13/2025
|
Jessica Forrester
FIV Realty Co Florida LLC
| |
|
01/13/2024
|
1 Bed
|
1 Bath
|
-
|
$650,000
1 Bed
1 Bath
|
$633,500
-2.54%
01/22/2024
|
Chris Taylor
Ocean Reef Realty Inc
| |
|
09/27/2023
|
1 Bed
|
1.5 Bath
|
806 ft²
|
$624,900
1 Bed
1.5 Bath
806 ft²
|
-
-
|
Abbott Martin Group
EXP Realty LLC
| |
|
09/02/2020
|
1 Bed
|
2 Bath
|
806 ft²
|
$465,000
1 Bed
2 Bath
806 ft²
|
$455,000
-2.15%
12/22/2020
|
Stacy M Lamon
| |
|
03/25/2020
|
1 Bed
|
2 Bath
|
806 ft²
|
$439,900
1 Bed
2 Bath
806 ft²
|
$430,000
-2.25%
05/18/2020
|
Brad Hilderbrand
| |
|
02/08/2020
|
1 Bed
|
1 Bath
|
-
|
$429,000
1 Bed
1 Bath
|
$424,500
-1.05%
03/14/2020
|
Heather Gopaul
Destin Realty Inc
| |
|
10/17/2019
|
1 Bed
|
2 Bath
|
806 ft²
|
$425,000
1 Bed
2 Bath
806 ft²
|
$410,000
-3.53%
11/25/2019
|
Janette A Klein
| |
|
02/21/2019
|
3 Bed
|
2 Bath
|
1612 ft²
|
$599,900
3 Bed
2 Bath
1612 ft²
|
$583,000
-2.82%
11/22/2019
|
Cindy Cole
Sunset Home Sales
| |
|
07/30/2017
| |
1 Bed
|
1.5 Bath
|
806 ft²
|
-
1 Bed
1.5 Bath
806 ft²
|
-
-
|
-
|
|
06/09/2016
|
1 Bed
|
2 Bath
|
806 ft²
|
$379,000
1 Bed
2 Bath
806 ft²
|
$342,300
-9.68%
11/22/2016
|
At The Beach Team
Keller Williams Realty Destin
| |
|
01/25/2016
|
1 Bed
|
2 Bath
|
806 ft²
|
$335,000
1 Bed
2 Bath
806 ft²
|
$315,000
-5.97%
10/23/2017
|
Shannyn Stevenson
Newman Dailey Resort Properties
| |
|
11/11/2015
|
1 Bed
|
2 Bath
|
806 ft²
|
$344,900
1 Bed
2 Bath
806 ft²
|
$330,000
-4.32%
12/21/2015
|
Nathan Abbott Team
ResortQuest Real Estate Destin
| |
|
10/29/2015
|
1 Bed
|
2 Bath
|
806 ft²
|
$374,000
1 Bed
2 Bath
806 ft²
|
$357,000
-4.55%
11/16/2015
|
Harstvedt and Lamon Team
Ocean Reef Realty Inc
| |
|
10/20/2015
|
1 Bed
|
2 Bath
|
806 ft²
|
$369,000
1 Bed
2 Bath
806 ft²
|
$358,000
-2.98%
02/01/2017
|
Shannyn Stevenson
Newman Dailey Resort Properties
| |
|
03/11/2015
|
2 Bed
|
2 Bath
|
1268 ft²
|
$499,000
2 Bed
2 Bath
1268 ft²
|
$440,000
-11.82%
04/30/2015
|
Amy Berry
Sandestin Real Estate
| |
|
03/03/2013
|
2 Bed
|
2 Bath
|
1268 ft²
|
$315,000
2 Bed
2 Bath
1268 ft²
|
$299,000
-5.08%
07/08/2013
|
Annemarie Kronfuss
ERA American Real Estate
| |
|
03/16/2012
|
1 Bed
|
2 Bath
|
806 ft²
|
$273,900
1 Bed
2 Bath
806 ft²
|
$260,000
-5.07%
04/01/2013
|
Hal Mullins
Beachview Realty Group LLC
| |
|
09/10/2011
|
1 Bed
|
2 Bath
|
806 ft²
|
$325,000
1 Bed
2 Bath
806 ft²
|
$260,000
-20.00%
12/13/2012
|
Shannyn Stevenson
Newman Dailey Resort Properties
| |
|
08/24/2006
|
1 Bed
|
2 Bath
|
806 ft²
|
$274,500
1 Bed
2 Bath
806 ft²
|
$265,000
-3.46%
01/30/2014
|
Howard Dolgoff
Emerald Coast Properties Inc
|
Building Info
About Miramar Beach
Similar Homes for Sale
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Listed by: Lisa A Collier, Sandestin Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 724899
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 724899
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