$501,782*
●
Townhouse -
Off Market
241 Ellis Rd #39
Miramar Beach, FL 32550
2 Beds
3 Baths,
1
Half Bath
1,300 Ft²
$405,000 - $495,000
Reference Base Price*
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Excellent investment property or second home with less than a 5
minute walk to the beautiful white sandy beaches of the Emerald
Coast. This 2 bedroom, 2.5 bath end unit has a brand new A/C -
2.5 Ton Trane with 14 Seer 410A Heat Pump System and brand
new water heater and living room furniture! Rental Ready with
revenue already on the books for 2022.
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
-
Price per sqft
$346
Property Type
Townhouse
Property Taxes
$137
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 17, 2024 | No longer available | - | |
| No longer available | |||
| Nov 3, 2023 | Listed | $499,999 | |
| Listed | |||
| | |||
|
Are you looking for an excellent investment property or second home within a 5 minute walk to the most gorgeous beaches on the Emerald Coast? Look no further because you've found it. This 2/2 with half bath townhome is perfectly situated close to the beach, restaurants and entertainment. This is a coveted end unit that is fully furnished and rental ready for all your needs. Relax by the beautiful pool out back and come back to grill out on your back patio with family and friends. Don't sleep on this one, grab your favorite realtor or give me a call and schedule your private showing today. The manager has listed the unit size as 1300 square feet.
| |||
| Dec 20, 2021 | Sold | ||
| Sold | |||
| Nov 14, 2021 | No longer available | - | |
| No longer available | |||
| Nov 11, 2021 | Listed | $450,000 | |
| Listed | |||
Show More
Property Highlights
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
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017