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Miramar Beach 32550
202 Beacon Way
$315,000
● House - Off Market

202 Beacon Way

Santa Rosa Beach, FL 32459
bedrooms
4 Beds
bathrooms
3 Baths
$505,555
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Beautiful 4 bedroom home recently fully remodeled with new driftwood grey ceramic tile flooring, marble counters throughout, stainless appliances, and freshly painted interior. Kitchen cabinets freshly repainted with new hardware. New lighting inside and out. Double car garage, with large backyard with a raised entertainment deck overlooking the forest. Home has vaulted ceilings, formal dining room, and all the upgrades. Quiet neighborhood and a community pool offer the best in Family living. Conveniently located only 1 mile North of Sacred Heart Hospital and close to Grand Blvd and Silver Sands. Motivated Seller bring all offers...!
Unit Size
-
Days on Market
101 days
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$177
HOA Dues
$165
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: 12 months ago (ECAR #770116)

Price History

Date / Event Date Event Price
Mar 23, 2020 Sold
Premium
Sold
Jun 12, 2017 Sold
Premium
Sold
Feb 28, 2017 Listed by Beach Sunsets Inc $314,900
Listed by Beach Sunsets Inc

Property Highlights

Air Conditioning
Garage

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: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • 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: 462
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,909
  • Total Building Area: 2,556
  • Gross Building Area: 2,556
  • Building Area: 2,094
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,094
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MACK BAYOU POINTE
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 17 MACK BAYOU POINTE S/D PB 15-13 OR 2422-785 OR 2483-1208 OR 2504-1032 OR 2993-4243 OR 3043-4204 OR 3137-2970

Neighborhood

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

Geography

  • Assessors Map Reference: S2-24-21
  • Parcel: 24-2S-21-42330-000-0170
  • Block: 1
  • Lot: 17
  • Meridian: SEC 24 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.4039
  • Longitude: -86.3105

    Address

  • Full Address: 202 Beacon Way
  • Address - House Number: 202
  • Address - Street Name: Beacon
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H017
  • 4-Digit Zip Code: 3096
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 2,422
  • Tax Year: 2022
  • Tax Amount: $341,085
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2748
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 601,823
  • High Value: 767,264
  • Low Value: 436,382

    Market Valuation

  • Market Total Value: $429,455
  • Market Land Value: $32,638
  • Market Improvement Value: $396,817

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $429,455
  • Assessed Land Value: $32,638
  • Assessed Improvements Value: $396,817

    Sales

  • Current Sale Contract Date: Mar 23, 2020
  • Current Sale Recording Date: Mar 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200010615
  • Previous Sale Recording Date: Jun 12, 2017
  • Previous Sale Contract Date: Jun 09, 2017
  • Previous Sale Amount: $315,000
  • 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:

$724,000

Sale Price/ft²

$492

Below Asking

0.03%

Average Days on Market

110

Average Home Size

1727 ft²

Average Home Age

26.4 years

Currently For Sale

692 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: Ronald W Friesen, Beach Sunsets Inc
Last Updated: 12 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 770116
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 202 Beacon Way built and last sold?
The property at 202 Beacon Way was built in 2003 and last sold on Mar 23, 2020 for $320,000.
How much is this home worth?
The estimated value of the home located at 202 Beacon Way is $318,049.
What are some comparable homes to 202 Beacon Way?
There are currently no comparable homes to 202 Beacon Way.
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