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Miramar Beach 32550
220 Rue Martine
$822,500
● House - Off Market

220 Rue Martine

Miramar Beach, FL 32550
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,997 Ft²
$1,939,934
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model

About This Property

Here is your opportunity to purchase in the immaculately kept upscale community of Caribe. This home features high ceilings, crown molding, tiled floors, and an outstanding kitchen. Rich colors are blended with complimentary neutrals to achieve a harmonious and elegant effect. Spend your days enjoying the beach located less than a block away with no roads to cross. If you tire of the sand visit the community pool conveniently located just steps from the front door. The property features gulf views from both the second and third floors with approximately 1,000 square feet of porches to enjoy the peaceful summer evenings. Call and schedule your viewing today. Potential buyers or their agents should confirm all dimensions & information to their satisfaction.
Unit Size
2,997 Ft²
Days on Market
-
Land Size
-
Price per sqft
$300
Property Type
House
Property Taxes
-
HOA Dues
$1,290
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: 2 years ago (ECAR MLS #557672)

Price History

Date / Event Date Event Price
Sep 10, 2012 Sold
Premium
Sold
May 6, 2011 Listed by Ocean Reef Realty Inc $899,000
Listed by Ocean Reef Realty Inc
Apr 2, 2002 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 4
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 3
  • Garage Square Area: 330
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,623
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 360
  • Total Building Area: 2,997
  • Gross Building Area: 2,997
  • Building Area: 2,997
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,997
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARIBE WEST
  • Land Acres: 0000000175
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 42 CARIBE WEST S/D PB 9-31 LESS THE W 2.5 FT OR 1171-257 OR 2297-1291 OR 2393-1179 OR 2393-1180 OR 2440A-166 OR 2899-3421

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950609

Geography

  • Assessors Map Reference: S2-27-21
  • Parcel: 27-2S-21-42810-000-0420
  • Block: 4
  • Lot: 42
  • Meridian: SEC 27 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3734
  • Longitude: -86.3418

    Address

  • Full Address: 220 Rue Martine
  • Address - House Number: 220
  • Address - Street Name: Rue Martine
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 1907
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 3,280
  • Tax Year: 2022
  • Tax Amount: $985,973
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2578
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 1,828,868
  • High Value: 2,300,393
  • Low Value: 1,357,343

    Market Valuation

  • Market Total Value: $1,198,669
  • Market Land Value: $318,679
  • Market Improvement Value: $879,990

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,198,669
  • Assessed Land Value: $318,679
  • Assessed Improvements Value: $879,990

    Sales

  • Current Sale Contract Date: Sep 01, 2012
  • Current Sale Recording Date: Sep 10, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1208371
  • Previous Sale Recording Date: Apr 02, 2002
  • Previous Sale Contract Date: Mar 27, 2002
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: 71

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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: Jill Olivarez, Ocean Reef Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 557672
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 220 Rue Martine built and last sold?
The property at 220 Rue Martine was built in 2003 and last sold on Sep 1, 2012 for $822,500.
How much is this home worth?
The estimated value of the home located at 220 Rue Martine is $0.
What are some comparable homes to 220 Rue Martine?
There are currently no comparable homes to 220 Rue Martine.
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