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Miramar Beach 32550
1916 Baytowne Loop
$600,000
● House - Off Market

1916 Baytowne Loop

Sandestin, FL 32550
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
2,400 Ft²
$1,024,694
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Entered for comp purposes. Effective date of contract was 2/25/16, house was under construction. Property officially closed 5/20/16
Unit Size
2,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$250
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016

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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 #753493)

Price History

Date / Event Date Event Price
May 23, 2016 Sold
Premium
Sold
May 19, 2016 Listed by Scenic Sotheby's International Realty $600,000
Listed by Scenic Sotheby's International Realty
Dec 23, 2014 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 299
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,429
  • Total Building Area: 2,731
  • Gross Building Area: 2,731
  • Building Area: 2,432
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,432
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLA LAGO
  • Land Acres: 0000000079
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 75 VILLA LAGO S/D PB 17-15 OR 2698-629 OR 2967-1453 OR 3010-2240

Neighborhood

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

Zoning

  • Zoning: SD

Geography

  • Assessors Map Reference: S2-23-21
  • Parcel: 23-2S-21-42250-000-0750
  • Block: 7
  • Lot: 75
  • Meridian: SEC 23 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3936
  • Longitude: -86.32

    Address

  • Full Address: 1916 Baytowne Loop
  • Address - House Number: 1916
  • Address - Street Name: Baytowne
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 5893
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,664
  • Tax Year: 2022
  • Tax Amount: $703,613
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2578
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 1,307,142
  • High Value: 1,644,153
  • Low Value: 970,130

    Market Valuation

  • Market Total Value: $875,219
  • Market Land Value: $215,577
  • Market Improvement Value: $659,642

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $875,219
  • Assessed Land Value: $215,577
  • Assessed Improvements Value: $659,642

    Sales

  • Current Sale Contract Date: May 20, 2016
  • Current Sale Recording Date: May 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016000016120
  • Previous Sale Recording Date: Dec 23, 2014
  • Previous Sale Contract Date: Dec 22, 2014
  • Previous Sale Amount: $170,000
  • 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:

$740,000

Sale Price/ft²

$502

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1704 ft²

Average Home Age

26.5 years

Currently For Sale

983 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: Andy And Christina Meinen, Scenic Sotheby's International Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 753493
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 1916 Baytowne Loop built and last sold?
The property at 1916 Baytowne Loop was built in 2016 and last sold on May 20, 2016 for $600,000.
How much is this home worth?
The estimated value of the home located at 1916 Baytowne Loop is $0.
What are some comparable homes to 1916 Baytowne Loop?
There are currently no comparable homes to 1916 Baytowne Loop.
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