$179,000
●
House -
Off Market
241 Ellis Road #UNIT21
Miramar Beach, FL 32550
2 Beds
3 Baths,
1
Half Bath
1,300 Ft²
$333,733
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model
Unit Size
1,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$138
Property Type
House
Property Taxes
$90
HOA Dues
$321
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Operating Profit Per Year
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 #721654)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 27, 2015 | Sold | ||
| Sold | |||
| Jan 16, 2015 | Listed by Chandler Associates | $179,000 | |
| Listed by Chandler Associates | |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: See Remarks
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Half Bathrooms: 1
Interior Features: Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - All, Owner's Closet, Pantry, Skylight(s), Washer/Dryer Hookup
Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
Rooms: 5
Exterior Details
Road Frontage Type: County Road
Property Condition: Construction Complete
Year Built: 1983
Construction Materials: Frame, Roof Composite Shngl, Stone, Stucco, Trim Vinyl
Covenants, Level, Restrictions, Within 1/2 Mile to Water
Financial Details
Tax Year: 2013
Tax Annual Amount: $1,079
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Utilities: Electric, Public Sewer, Public Water, TV Cable
Location Details
Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Other Utilities, Cable TV, Trash
Association Fee Frequency: Monthly
Association Fee2: $321
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
About Miramar Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: James C McDaniel, Chandler Associates
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 721654
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 721654
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