$1,800,000
●
House -
Off Market
1831 Tuscana Place
Miramar Beach, FL 32550
5 Beds
4 Baths,
1
Half Bath
$11,463
Est. Monthly
$558
HOA / Fees
0.39%
Cap Rate
About This Property
Discover luxurious living in this remarkable 4,343 sq ft home that
backs up to the beautiful Burnt Pine Country Club golf course.
Built in 2023, this residence offers two master suites, an
elevator, and stunning views of the 17th green and the serene golf
course lake. One of the guest bedrooms has been innovatively
converted into a state-of-the-art golf simulator room, perfect for
honing your skills year-round. Additional features include a
two-car garage and convenient golf cart parking with an outdoor
plug-in. Furthermore, the developer plans to build a new community
pool, adding to the fantastic amenities available to residents.
**Purchase History Incorrect on MLS, lot purchased by current (original) owner 10/8/21 for $400,000 then constructed new home**
**Purchase History Incorrect on MLS, lot purchased by current (original) owner 10/8/21 for $400,000 then constructed new home**
Unit Size
-
Days on Market
60 days
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,207
HOA Dues
$558
Year Built
-
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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 #980823)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2025 | Sold | ||
| Sold | |||
| Aug 12, 2025 | In contract | - | |
| In contract | |||
| Jul 14, 2025 | Listed by Compass | $1,975,000 | |
| Listed by Compass | |||
| Jun 29, 2025 | Listed | $2,195,000 | |
| Listed | |||
| | |||
|
Discover luxurious living in this remarkable 4,343 sq ft home that backs up to the beautiful Burnt Pine Country Club golf course. Built in 2023, this residence offers two master suites, an elevator, and stunning views of the 17th green and the serene golf course lake. One of the guest bedrooms has been innovatively converted into a state-of-the-art golf simulator room, perfect for honing your skills year-round. Additional features include a two-car garage and convenient golf cart parking with an outdoor plug-in. Furthermore, the developer plans to build a new community pool, adding to the fantastic amenities available to residents.
**Purchase History Incorrect on MLS, lot purchased by current (original) owner 10/8/21 for $400,000 then constructed new home**
| |||
| Jun 17, 2025 | Listed | $2,295,000 | |
| Listed | |||
| | |||
|
Discover luxurious living in this remarkable 4,343 sq ft home that backs up to the beautiful Burnt Pine Country Club golf course. Built in 2023, this residence offers two master suites, an elevator, and stunning views of the 17th green and the serene golf course lake. One of the guest bedrooms has been innovatively converted into a state-of-the-art golf simulator room, perfect for honing your skills year-round. Additional features include a two-car garage and convenient golf cart parking with an outdoor plug-in. Furthermore, the neighborhood will be building a new community pool, adding to the fantastic amenities available to residents.
**Purchase History Incorrect on MLS, lot purchased by current (original) owner 10/8/21 for $400,000 then constructed new home**
| |||
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Property Highlights
Elevator
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Miramar Beach
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Listed by: Paige S Brewer, Compass
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 980823
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 980823
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