$370,000
●
House -
Off Market
2111 Olde Towne Avenue
Miramar Beach, FL 32550
2 Beds
2 Baths
1,515 Ft²
$721,311
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model
About This Property
Quintessential Florida cottage with wraparound front porch and
white picket fence located in the Crystal Lake neighborhood of
Sandestin Golf and Beach Resort. The open plan kitchen, dining and
living area features a vaulted ceiling adding to the spacious feel
and is perfect for entertaining. The home features 2 large bedrooms
and 2 baths, a carport, plenty of storage and wood flooring
throughout. Offered fully furnished with some personal exclusions.
Crystal Lake owners enjoy a lovely lake front pool and all the
amenities of Sandestin- a 2400-acre world-class resort on a stretch
of the whitest gulf-front sand in the world. 4 golf courses, 15
tennis courts, full service marina with 98 slips on Choctawhatchee
Bay, fresh & salt water fishing, walking/biking trails,
restaurants, & shopping.
Unit Size
1,515 Ft²
Days on Market
-
Land Size
-
Price per sqft
$263
Property Type
House
Property Taxes
-
HOA Dues
$341
Year Built
1996
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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 MLS #716593)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 1, 2022 | Sold | ||
| Sold | |||
| Dec 23, 2021 | No longer available | - | |
| No longer available | |||
| Dec 16, 2021 | Listed by Paradise Property Brokers Inc | $735,000 | |
| Listed by Paradise Property Brokers Inc | |||
| | |||
|
Charming and adorable one level cottage situated on a large corner lot with covered parking, storage shed and TWO driveways! NEW ROOF in 2021. Covered wrap around porch is ideal for early mornings and late afternoon gatherings! The interior features vaulted ceilings, plantation shutters and hardwood floors throughout. Tastefully furnished and turnkey ready.....just bring your flipflops. Ideal as a 2nd home or primary residence. This quaint neighborhood does not allow short term rentals, has its own community pool and perfectly situated to all that Sandestin and nearby Grand Blvd have to offer. What are you waiting for? The manager has listed the unit size as 1578 square feet.
| |||
| Oct 16, 2021 | No longer available | - | |
| No longer available | |||
| Sep 2, 2021 | Listed by Sandestin Real Estate | $699,700 | |
| Listed by Sandestin Real Estate | |||
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Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Miramar Beach
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Listed by: Christine A Thompson, Sandestin Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 716593
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 716593
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