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Miramar Beach 32550
192 Newman Drive
$292,000
● House - Off Market

192 Newman Drive

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,639 Ft²
$641,907
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

WELL MAINTAINED BEACH HOUSE WITH AN OPEN AND FUNCTIONAL FLOOR PLAN. UNIQUE FEATURES INCLUDE A SUN ROOM, OPEN PATIO, GAS FIREPLACE AND A BEAUTIFUL FENCED BACKYARD WHICH IS LARGE ENOUGH TO ACCOMODATE A POOL. IT IS A SHORT STROLL TO THE BEACH AND THE LOCATION IS EXCELLENT FOR GOING TO RESTAURANTS, SHOPPING OR ENTERTAINMENT VENUES THROUGHOUT THE AREA. THIS COULD BE A PRIMARY OR SECOND HOME OR RENTAL PROPERTY. BUYER TO VERIFY ALL INFORMATION.
Unit Size
1,639 Ft²
Days on Market
-
Land Size
-
Price per sqft
$182
Property Type
House
Property Taxes
-
HOA Dues
$600
Year Built
1994

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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 #578963)

Price History

Date / Event Date Event Price
Jul 11, 2012 Sold
Premium
Sold
Jun 14, 2012 Listed by Newman Dailey Resort Properties $299,000
Listed by Newman Dailey Resort Properties
Aug 14, 2002 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • 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: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • 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: 1
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 89
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,365
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,079
  • Gross Building Area: 2,285
  • Building Area: 1,639
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,639
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PORT OF CALL
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 15 PORT OF CALL S/D PB 9 PG 28 OR 1157-265 OR 2427-96 OR 2894-4565

Neighborhood

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

Geography

  • Assessors Map Reference: S2-30-21
  • Parcel: 30-2S-21-42291-000-0150
  • Block: 1
  • Lot: 15
  • Meridian: SEC 30 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3809
  • Longitude: -86.3855

    Address

  • Full Address: 192 Newman Dr
  • Address - House Number: 192
  • Address - Street Name: Newman
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 3881
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,062
  • Tax Year: 2022
  • Tax Amount: $316,940
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2659
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 829,725
  • High Value: 1,050,374
  • Low Value: 609,075

    Market Valuation

  • Market Total Value: $555,236
  • Market Land Value: $133,266
  • Market Improvement Value: $421,970

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $380,164

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 09, 2012
  • Current Sale Recording Date: Jul 11, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1201653
  • Previous Sale Recording Date: Aug 14, 2002
  • Previous Sale Contract Date: Aug 08, 2002
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: 51
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:

$741,128

Sale Price/ft²

$502

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1706 ft²

Average Home Age

26.5 years

Currently For Sale

980 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

Rentals Near You

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ECAR

Listed by: Jerry Bielawski, Newman Dailey Resort Properties
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 578963
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 192 Newman Drive built and last sold?
The property at 192 Newman Drive was built in 1994 and last sold on Jul 9, 2012 for $292,000.
How much is this home worth?
The estimated value of the home located at 192 Newman Drive is $0.
What are some comparable homes to 192 Newman Drive?
There are currently no comparable homes to 192 Newman Drive.
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