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Miramar Beach 32550
230 Beacon Way
$410,000
● House - Off Market

230 Beacon Way

Santa Rosa Beach, FL 32459
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,895 Ft²
$2,461
Est. Monthly
$264
HOA / Fees
4.56%
Cap Rate

About This Property

Welcome to this stunning 3-bedroom, 2-bathroom home located in desirable Santa Rosa Beach. This beautifully designed house offers a range of modern amenities to enhance your living experience. Step into the spacious kitchen, complete with stainless steel appliances, a dishwasher, and a convenient pantry for all your storage needs. The washer/dryer hook-ups make laundry a breeze, while the new carpet and fresh paint throughout create a welcoming atmosphere. The new light fixtures illuminate the space, highlighting the luxurious vinyl plank flooring and custom kitchen with quartz countertops. The double vanity in the bathroom adds a touch of elegance, while the walk-in closets provide ample storage space.
Unit Size
1,895 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$222
Property Type
House
Property Taxes
$135
HOA Dues
$264
Year Built
2002

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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 #959830)

Price History

Date / Event Date Event Price
Dec 30, 2024 Sold
Premium
Sold
Nov 24, 2024 In contract -
In contract
Sep 25, 2024 Listed by Palm Island Realty $419,900
Listed by Palm Island Realty
Jul 5, 2023 Sold
Premium
Sold
Dec 7, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • 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: 420
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,823
  • Total Building Area: 2,315
  • Gross Building Area: 2,315
  • Building Area: 1,895
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,895
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MACK BAYOU POINTE
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 19 MACK BAYOU POINTE S/D PB 15-13 OR 2460-1430 OR 2996-4065

Neighborhood

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

Geography

  • Assessors Map Reference: S2-24-21
  • Parcel: 24-2S-21-42330-000-0190
  • Block: 1
  • Lot: 19
  • Meridian: SEC 24 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.4035
  • Longitude: -86.3105

    Address

  • Full Address: 230 Beacon Way
  • Address - House Number: 230
  • 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: 2,147
  • Tax Year: 2022
  • Tax Amount: $159,807
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.0888
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 92
  • Final Value: 484,528
  • High Value: 527,555
  • Low Value: 441,501

    Market Valuation

  • Market Total Value: $375,755
  • Market Land Value: $32,638
  • Market Improvement Value: $343,117

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $210,611

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jul 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23748
  • Previous Sale Recording Date: Dec 07, 2015
  • Previous Sale Contract Date: Dec 04, 2015
  • Previous Sale Amount: $259,000
  • 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:

$725,000

Sale Price/ft²

$487

Below Asking

0.03%

Average Days on Market

110

Average Home Size

1730 ft²

Average Home Age

26.3 years

Currently For Sale

664 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

Currently no nearby rentals
ECAR

Listed by: Jennifer N Amberg, Palm Island Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 959830
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 230 Beacon Way built and last sold?
The property at 230 Beacon Way was built in 2002 and last sold on Jun 30, 2023 for $335,000.
How much is this home worth?
The estimated value of the home located at 230 Beacon Way is $436,643.
What are some comparable homes to 230 Beacon Way?
There are currently no comparable homes to 230 Beacon Way.
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