$492,791*
●
Townhouse -
Off Market
241 Ellis Road #21
Miramar Beach, FL 32550
2 Beds
2.5 Baths,
1
Half Bath
1,300 Ft²
$441,000 - $537,000
Reference Base Price*
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
This 2 bed, 2.5 bath townhome is steps from a community pool and
public beach access. Tasteful decor and thoughtful design create a
comfortable living space. The modern kitchen features sleek
appliances and ample counter space. Dine at the table or on the
private patio. Upstairs, the bedrooms have ensuite bathrooms. The
primary bedroom has a King-sized bed and balcony overlooking the
community pool. The guest room has 2 queen beds. The ensuite
features a shower/tub combo. Ideal for rental income or primary
residence, this property is situated near world-class dining,
shopping, and entertainment options in Miramar Beach. Own this
beautiful townhome and enjoy the Gulf Coast's relaxed beach
lifestyle. Book your showing today!
The manager has listed the unit size as 1300 square feet.
The manager has listed the unit size as 1300 square feet.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$376
Property Type
Townhouse
Property Taxes
$253
HOA Dues
$460
Year Built
-
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2023 | No longer available | - | |
| No longer available | |||
| Apr 20, 2023 | In contract | - | |
| In contract | |||
| Apr 14, 2023 | Price Decreased |
$489,000
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Mar 4, 2023 | Listed | $509,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Exterior Details
Stucco
Vinyl Siding
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/16/2025
|
2 Bed
|
3 Bath
|
-
|
$490,000
2 Bed
3 Bath
|
$480,000
-2.04%
06/10/2025
|
Virginia Dougherty
Great Southern Real Estate LLC
| |
|
05/22/2024
|
2 Bed
|
2.5 Bath
|
1300 ft²
|
$510,000
2 Bed
2.5 Bath
1300 ft²
|
-
-
|
Allen T Hunter Jr
Destin Luxury Real Estate and Rentals
| |
|
04/17/2024
|
2 Bed
|
2.5 Bath
|
1300 ft²
|
$510,000
2 Bed
2.5 Bath
1300 ft²
|
-
-
|
Ryan M Potter
Berkshire Hathaway HomeServices
| |
|
11/10/2023
|
2 Bed
|
2.5 Bath
|
1300 ft²
|
$575,000
2 Bed
2.5 Bath
1300 ft²
|
-
-
|
Ryan M Potter
Berkshire Hathaway HomeServices
| |
|
03/09/2024
|
2 Bed
|
2.5 Bath
|
1296 ft²
|
$529,900
2 Bed
2.5 Bath
1296 ft²
|
-
-
|
The DestinDeano Team
Keller Williams Realty Destin
| |
|
01/21/2024
|
2 Bed
|
2.5 Bath
|
1300 ft²
|
$575,000
2 Bed
2.5 Bath
1300 ft²
|
-
-
|
Christopher J Bent
Realty ONE Group Emerald Coast
| |
|
11/03/2023
|
2 Bed
|
2.5 Bath
|
1300 ft²
|
$499,999
2 Bed
2.5 Bath
1300 ft²
|
-
-
|
Amanda M Rudy
Dalton Wade Inc
| |
|
10/21/2023
|
2 Bed
|
2.5 Bath
|
1300 ft²
|
$550,000
2 Bed
2.5 Bath
1300 ft²
|
-
-
|
Amanda M Rudy
Dalton Wade Inc
| |
|
10/05/2023
|
2 Bed
|
2.5 Bath
|
1300 ft²
|
$488,000
2 Bed
2.5 Bath
1300 ft²
|
-
-
|
Todd A Siegrist
EXP Realty LLC
| |
|
05/23/2023
|
2 Bed
|
2.5 Bath
|
1300 ft²
|
$515,000
2 Bed
2.5 Bath
1300 ft²
|
-
-
|
CHRISTINE DOUGHERTY
GREAT SOUTHERN REAL ESTATE, LLC
| |
|
05/11/2023
|
2 Bed
|
2.5 Bath
|
1300 ft²
|
$535,000
2 Bed
2.5 Bath
1300 ft²
|
-
-
|
Sona Chambers
Compass
| |
|
03/11/2023
|
2 Bed
|
2.5 Bath
|
1300 ft²
|
$525,000
2 Bed
2.5 Bath
1300 ft²
|
-
-
|
Heather Sprigler
Newman Dailey Resort Properties
| |
|
03/04/2023
|
2 Bed
|
2.5 Bath
|
1300 ft²
|
$509,000
2 Bed
2.5 Bath
1300 ft²
|
-
-
|
Rebecca Perse
Beachy Beach Real Estate
| |
|
08/19/2022
|
2 Bed
|
2.5 Bath
|
1300 ft²
|
$495,000
2 Bed
2.5 Bath
1300 ft²
|
-
-
|
Nicole H Rattler
Realty ONE Group Emerald Coast
| |
|
05/07/2022
|
2 Bed
|
3 Bath
|
1300 ft²
|
$459,000
2 Bed
3 Bath
1300 ft²
|
-
-
|
Carlton W Sims
Beach Highland Real Estate Co
| |
|
05/02/2022
|
2 Bed
|
3 Bath
|
1300 ft²
|
$520,000
2 Bed
3 Bath
1300 ft²
|
-
-
|
Nicole H Rattler
Realty ONE Group Emerald Coast
| |
|
03/21/2022
|
2 Bed
|
3 Bath
|
1300 ft²
|
$565,000
2 Bed
3 Bath
1300 ft²
|
$547,500
-3.10%
06/10/2022
|
The Kelly Group Team
Keller Williams Realty Destin
| |
|
03/15/2022
|
2 Bed
|
3 Bath
|
1300 ft²
|
$499,900
2 Bed
3 Bath
1300 ft²
|
-
-
|
Nicole H Rattler
Realty ONE Group Emerald Coast
| |
|
01/19/2022
|
2 Bed
|
3 Bath
|
1300 ft²
|
$475,000
2 Bed
3 Bath
1300 ft²
|
-
-
|
Shannyn P Stevenson
Newman Dailey Resort Properties
| |
|
11/11/2021
|
2 Bed
|
3 Bath
|
1300 ft²
|
$450,000
2 Bed
3 Bath
1300 ft²
|
$425,000
-5.56%
12/20/2021
|
Audrey J Price
East Pass Realty Inc
| |
|
08/23/2021
|
2 Bed
|
3 Bath
|
1300 ft²
|
$465,000
2 Bed
3 Bath
1300 ft²
|
$443,800
-4.56%
10/22/2021
|
The Destin/Kirkland Team
EXP Realty LLC
| |
|
05/29/2021
|
2 Bed
|
3 Bath
|
1300 ft²
|
$369,900
2 Bed
3 Bath
1300 ft²
|
-
-
|
-
| |
|
05/04/2021
|
2 Bed
|
3 Bath
|
1300 ft²
|
$379,900
2 Bed
3 Bath
1300 ft²
|
$373,900
-1.58%
06/21/2021
|
Shane W Suber
| |
|
03/06/2021
|
2 Bed
|
3 Bath
|
1300 ft²
|
$379,900
2 Bed
3 Bath
1300 ft²
|
$372,000
-2.08%
04/26/2021
|
The Destin/Kirkland Team
| |
|
02/27/2021
|
2 Bed
|
3 Bath
|
1300 ft²
|
$349,000
2 Bed
3 Bath
1300 ft²
|
$329,000
-5.73%
04/22/2021
|
The Destin/Kirkland Team
| |
|
06/09/2020
|
2 Bed
|
3 Bath
|
1300 ft²
|
$289,000
2 Bed
3 Bath
1300 ft²
|
$299,000
+3.46%
09/04/2020
|
Susie K Kirkland
| |
|
03/23/2020
|
2 Bed
|
3 Bath
|
1300 ft²
|
$259,000
2 Bed
3 Bath
1300 ft²
|
-
-
|
-
| |
|
12/07/2015
|
2 Bed
|
3 Bath
|
1300 ft²
|
$183,000
2 Bed
3 Bath
1300 ft²
|
$176,000
-3.83%
02/22/2016
|
Diane Duke
30A Local Real Estate
| |
|
06/01/2015
|
2 Bed
|
3 Bath
|
1300 ft²
|
$185,000
2 Bed
3 Bath
1300 ft²
|
$183,000
-1.08%
09/02/2015
|
Mark DeSalvo
Newman Dailey Resort Properties
| |
|
01/16/2015
|
2 Bed
|
3 Bath
|
1300 ft²
|
$179,000
2 Bed
3 Bath
1300 ft²
|
$179,000
01/27/2015
|
James McDaniel
Chandler Associates
| |
|
11/21/2013
|
2 Bed
|
3 Bath
|
1300 ft²
|
$199,900
2 Bed
3 Bath
1300 ft²
|
$170,000
-14.96%
06/13/2014
|
Mark DeSalvo
Newman Dailey Resort Properties
| |
|
10/11/2013
|
2 Bed
|
3 Bath
|
1300 ft²
|
$149,500
2 Bed
3 Bath
1300 ft²
|
$149,500
05/07/2014
|
Ed & Terri Smith
RE/MAX Coastal Properties
| |
|
08/04/2010
|
2 Bed
|
3 Bath
|
1300 ft²
|
$149,000
2 Bed
3 Bath
1300 ft²
|
$118,000
-20.81%
03/09/2012
|
Kerry McNulty
Newman Dailey Resort Properties
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017