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Miramar Beach 32550
22 BLACK CORAL Cove
$350,000
● House - Off Market

22 BLACK CORAL Cove

Miramar Beach, FL 32550
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,970 Ft²
$664,658
RealtyHop Estimate
77.24%
Since Feb 1, 2016
National-US
Primary Model

About This Property

Four sets of French Doors lead to upper and lower screened ''wrap around'' porches. From the moment you enter you will understand why this home is named ''Southern Charm''. Large kitchen ideal for gatherings features blue Corian Counters, abundant cabinets, crown molding, and a breakfast bar adjoining large 15'x 31' living/dining area. Large ceramic tile flooring throughout downstairs for ease of maintenance. Cook on the grill and enjoy Gulf breezes while dining on the porch. Soak in large jetted tub in oversize master bath. ''Bunk room'' area also leads to screened porch upstairs. Emerald Shores neighborhood features a private Community beach pavilion located on the white sandy beaches and Emerald green water of the Gulf of Mexico. Swimming pools, tennis courts and a clubhouse nearby.
Unit Size
1,970 Ft²
Days on Market
-
Land Size
-
Price per sqft
$190
Property Type
House
Property Taxes
$252
HOA Dues
$897
Year Built
2000

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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 #741288)

Price History

Date / Event Date Event Price
Dec 6, 2021 Sold
Premium
Sold
Nov 2, 2021 No longer available -
No longer available
Sep 17, 2021 Listed by Keller Williams Realty Destin $725,000
Listed by Keller Williams Realty Destin
Jan 21, 2016 Sold
Premium
Sold
Nov 3, 2015 Listed by Keller Williams Realty Destin $375,000
Listed by Keller Williams Realty Destin
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,386
  • Lot Size Depth Feet: 580
  • Lot Size Frontage Feet: 210
  • Total Building Area: 2,658
  • Gross Building Area: 2,658
  • Building Area: 2,658
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,658
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD SHORES OF SOUTH WALTON
  • Land Acres: 0000000078
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 15 EMERALD SHORES OF SOUTH WALTON S/D PB 9-33 OR 1020-287 OR 2766-53 OR 2900-3614 OR 3000-485 OR 3228-1315

Neighborhood

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

Geography

  • Assessors Map Reference: S2-30-21
  • Parcel: 30-2S-21-42830-000-0150
  • Block: 1
  • Lot: 15
  • Meridian: SEC 30 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3841
  • Longitude: -86.3971

    Address

  • Full Address: 22 Black Coral Cv
  • Address - House Number: 22
  • Address - Street Name: Black Coral
  • Address - Suffix Type: Cv
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 3700
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,245
  • Tax Year: 2022
  • Tax Amount: $633,457
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2647
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 1,051,554
  • High Value: 1,329,948
  • Low Value: 773,159

    Market Valuation

  • Market Total Value: $683,532
  • Market Land Value: $117,039
  • Market Improvement Value: $566,493

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $683,532
  • Assessed Land Value: $117,039
  • Assessed Improvements Value: $566,493

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 60047
  • Previous Sale Recording Date: Jan 21, 2016
  • Previous Sale Contract Date: Jan 19, 2016
  • Previous Sale Amount: $350,000
  • 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:

$719,450

Sale Price/ft²

$484

Below Asking

0.03%

Average Days on Market

111

Average Home Size

1763 ft²

Average Home Age

26.1 years

Currently For Sale

662 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: Sharon L Gross, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 741288
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 22 Black Coral Cove built and last sold?
The property at 22 Black Coral Cove was built in 2000 and last sold on Nov 30, 2021 for $705,000.
How much is this home worth?
The estimated value of the home located at 22 Black Coral Cove is $721,937.
What are some comparable homes to 22 Black Coral Cove?
There are currently no comparable homes to 22 Black Coral Cove.
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