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Miramar Beach 32550
189 Indigo Loop
$884,800
● House - Off Market

189 Indigo Loop

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$4,820
Est. Monthly
$233
HOA / Fees
2.07%
Cap Rate

About This Property

This is the One!!  The one that was built by a renowned builder for he and his family.... the one that has so many sought after finishes, and thoughtful details throughout ... the one that has an incredible sunroom and outside Florida terrace, the one that has an awesome entrance with gorgeous landscaping awaiting your arrival, and the one with all furniture and appliances conveying.  Yes.. consider it turnkey and carefree with the meticulous care the current owners have continually given this property. Click on the photos/video and discover all the upgraded features this Craftsman Style home has to offer. Located in the beautiful, gated golf course community of Emerald Bay with low HOA fees and a plethora of amenities. Come see it today, make it yours, and  love it  forever.
Unit Size
-
Days on Market
79 days
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$242
HOA Dues
$233
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: 2 years ago (ECAR #970002)

Price History

Date / Event Date Event Price
May 21, 2025 Sold
Premium
Sold
Apr 19, 2025 In contract -
In contract
Mar 3, 2025 Listed by Keller Williams Realty Destin $884,800
Listed by Keller Williams Realty Destin
Jul 3, 2012 Sold
Premium
Sold
Dec 16, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,039
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,790
  • Gross Building Area: 2,790
  • Building Area: 2,328
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,328
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD BAY PHASE 1A
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 11 BLK D EMERALD BAY PHASE 1A S/D PB 9-7 AMENDED PB 9-27 OR 874-14 OR 1292-159 OR 2152-170 OR 2645-3846 OR 2894-1801

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950608

Geography

  • Assessors Map Reference: S2-30-21
  • Subdivision Phase Number: 1A
  • Parcel: 30-2S-21-42910-00D-0110
  • Block: D
  • Lot: 11
  • Meridian: SEC 30 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3878
  • Longitude: -86.3929

    Address

  • Full Address: 189 Indigo Loop
  • Address - House Number: 189
  • Address - Street Name: Indigo
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 5227
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,762
  • Tax Year: 2022
  • Tax Amount: $276,121
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2578
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 1,011,860
  • High Value: 1,272,741
  • Low Value: 750,979

    Market Valuation

  • Market Total Value: $633,418
  • Market Land Value: $139,286
  • Market Improvement Value: $494,132

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $336,119

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2012
  • Current Sale Recording Date: Jul 03, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1200844
  • Previous Sale Recording Date: Dec 16, 2004
  • Previous Sale Contract Date: Dec 15, 2004
  • Previous Sale Amount: $850,000
  • 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:

$735,000

Sale Price/ft²

$497

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1721 ft²

Average Home Age

26.3 years

Currently For Sale

691 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: Laurie Hollowell Team, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 970002
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 189 Indigo Loop built and last sold?
The property at 189 Indigo Loop was built in 2013 and last sold on Jun 29, 2012 for $45,000.
How much is this home worth?
The estimated value of the home located at 189 Indigo Loop is $0.
What are some comparable homes to 189 Indigo Loop?
There are currently no comparable homes to 189 Indigo Loop.
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