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Miramar Beach 32550
179 Miami Street
$364,000
● House - Off Market

179 Miami Street

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,456 Ft²
$639,185
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Charming Florida cottage is located in the elegant Frangista Beach area with deeded beach access. Open floor plan with tile in the main walkways, breakfast bar, beautiful front yard, screened in back porch and fenced in back yard. Perfect for personal use or vacation rental. Home is located only minutes away from local dinning, shopping, hospital and gorgeous beaches of Miramar Beach.
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$300
Property Type
House
Property Taxes
$109
HOA Dues
-
Year Built
2003

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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 #830019)

Price History

Date / Event Date Event Price
Dec 23, 2019 Sold
Premium
Sold
Aug 24, 2019 Listed by Coldwell Banker Realty $437,000
Listed by Coldwell Banker Realty
Mar 15, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • 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: 79
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,358
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANGISTA BCH 2ND ADD
  • Land Acres: 0000000123
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 3 BLK A FRANGISTA BCH 2ND ADD PB 3A-41 OR 1754-243 OR 2434A-1820 OR 2568-1258 OR 2658-3948 OR 3128-659

Neighborhood

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

Geography

  • Assessors Map Reference: S2-32-21
  • Parcel: 32-2S-21-42050-00A-0030
  • Block: A
  • Lot: 3
  • Meridian: SEC 32 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3795
  • Longitude: -86.3769

    Address

  • Full Address: 179 Miami St
  • Address - House Number: 179
  • Address - Street Name: Miami
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 4693
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 1,608
  • Tax Year: 2022
  • Tax Amount: $468,642
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.4642
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 7
  • Final Value: 717,924
  • High Value: 1,051,193
  • Low Value: 384,654

    Market Valuation

  • Market Total Value: $625,254
  • Market Land Value: $283,050
  • Market Improvement Value: $342,204

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $625,254
  • Assessed Land Value: $283,050
  • Assessed Improvements Value: $342,204

    Sales

  • Current Sale Contract Date: Dec 20, 2019
  • Current Sale Recording Date: Dec 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20190044845
  • Previous Sale Recording Date: Mar 15, 2005
  • Previous Sale Contract Date: Mar 09, 2005
  • Previous Sale Amount: $423,000
  • 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:

$719,450

Sale Price/ft²

$484

Below Asking

0.03%

Average Days on Market

111

Average Home Size

1763 ft²

Average Home Age

26.1 years

Currently For Sale

662 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: Ekaterina Lagutina, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 830019
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 179 Miami Street built and last sold?
The property at 179 Miami Street was built in 2003 and last sold on Dec 20, 2019 for $364,000.
How much is this home worth?
The estimated value of the home located at 179 Miami Street is $0.
What are some comparable homes to 179 Miami Street?
There are currently no comparable homes to 179 Miami Street.
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