$1,295,000
●
House -
Off Market
229 Rue St Tropez
Miramar Beach, FL 32550
4 Beds
4 Baths,
1
Half Bath
2,424 Ft²
$1,363,604
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
Under contract, but accepting backup offers. A fine Mediterranean
masterpiece in St Tropez is directly across the WHITE SANDS of
Miramar Beach with neighborhood access. A gourmet kitchen fully
equipped with SS appliances,Dacor Gas cooktop and oven, granite,
and custom wood cabinetry. This 4 bedroom 3.5 Bath Luxurious
Mediterranean/Tuscan style home includes 3 guest bedrooms on 1st
floor ,2nd floor master retreat offering a luxurious end to each
perfect day and Expansive retreat outside to enjoy the 2nd story
balcony and its Gulf Beach water view. Invest in this Luxury home
for your short term rental portfolio and get the ROI you deserve.
The Villa comes furnished ready for you and your guests/ tenants to
enjoy. Enjoy Miramar Beach Outlets and the Grand Shoppes and
Restaurants all nearby and more. Miramar Beach across the street!!
Unit Size
2,424 Ft²
Days on Market
-
Land Size
-
Price per sqft
$534
Property Type
House
Property Taxes
$503
HOA Dues
$1,500
Year Built
2004
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Cap Rate Calculator
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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 #882539)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2024 | No longer available | - | |
| No longer available | |||
| May 3, 2024 | Listed by Resort Real Estate Group | $1,225,000 | |
| Listed by Resort Real Estate Group | |||
| | |||
|
Indulge in the Rue Tropez lifestyle! This gated Mediterranean Oasis features a heated, resort style pool, spa, lounge deck,all just steps away from our beautiful beaches, and the best dining, shopping and entertainment! FULLY FURNISHED 4 bedroom, 3.5 Bath coastal retreat features an open floor plan on the upper level with floor to ceiling windows and glass doors that open out onto the large covered balcony. Prepare a gourmet meal on the new gas grill as you take in stunning Gulf views. The upper level features a gourmet kitchen with stainless appliances including Sub Zero Refrigerator, Dacor gas cooktop and custom range hood. Kitchen Bar dining, Dining Area, Living Area, Guest Bathroom, and spacious Primary Suite with ensuite bath, walk-in closet, and private balcony,with views! The manager has listed the unit size as 2424 square feet.
| |||
| Mar 15, 2023 | Sold | ||
| Sold | |||
| Feb 22, 2022 | Sold | ||
| Sold | |||
| Sep 25, 2021 | Listed by Dockside Realty Inc | $1,295,000 | |
| Listed by Dockside Realty Inc | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Miramar Beach
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Listed by: Christine P Baeza, Dockside Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 882539
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 882539
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