For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Miramar Beach 32550
2440 Bungalo Lane
$394,000
● House - Off Market

2440 Bungalo Lane

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
1,596 Ft²
$708,125
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Charming - these Florida cottages are peacefully tucked away in the Sandestin resort. The Bungalos features a neighborhood pool and community putting green. Enter through the large screened porch with two sets of French doors opening into the living room. This home is complete with 10' ceilings, crown molding,stainless GE Profile appliances, granite kitchen and master bath counter tops. The first level features the living room, kitchen, powder room and master bedroom. Upstairs there are two large guest bedrooms, each with their own bathroom. This home is pre-wired for a whole-house audio/video network as well as remote controlled thermostat.
Unit Size
1,596 Ft²
Days on Market
-
Land Size
-
Price per sqft
$250
Property Type
House
Property Taxes
$218
HOA Dues
$371
Year Built
2005

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.

Last updated: 2 years ago (ECAR MLS #723865)

Price History

Date / Event Date Event Price
Oct 13, 2020 Sold
Premium
Sold
Aug 30, 2020 No longer available -
No longer available
Aug 27, 2020 Listed by Fletchersales Realty $490,000
Listed by Fletchersales Realty
Sep 21, 2015 Sold
Premium
Sold
Feb 24, 2015 Listed by Fletchersales Realty $399,000
Listed by Fletchersales Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,465
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 340
  • Total Building Area: 1,744
  • Gross Building Area: 1,744
  • Building Area: 1,744
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,744
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SANDESTIN PH II
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 2440 BUNGALOS AT SANDESTIN PH II PB 16-78 OR 2689-1436 OR 2990-3109 OR 3020-2658 OR 3163-4573

Neighborhood

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

Geography

  • Assessors Map Reference: S2-24-21
  • Subdivision Phase Number: 2
  • Parcel: 24-2S-21-42830-000-2440
  • Block: 24
  • Lot: 2440
  • Meridian: SEC 24 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3907
  • Longitude: -86.3076

    Address

  • Full Address: 2440 Bungalo Ln
  • Address - House Number: 2440
  • Address - Street Name: Bungalo
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C024
  • 4-Digit Zip Code: 1857
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 1,630
  • Tax Year: 2022
  • Tax Amount: $499,297
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2659
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 889,155
  • High Value: 1,125,609
  • Low Value: 652,701

    Market Valuation

  • Market Total Value: $641,864
  • Market Land Value: $134,888
  • Market Improvement Value: $506,976

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $641,864
  • Assessed Land Value: $134,888
  • Assessed Improvements Value: $506,976

    Sales

  • Current Sale Contract Date: Oct 05, 2020
  • Current Sale Recording Date: Oct 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200040564
  • Previous Sale Recording Date: Sep 21, 2015
  • Previous Sale Contract Date: Sep 18, 2015
  • Previous Sale Amount: $394,000
  • 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:

$719,950

Sale Price/ft²

$484

Below Asking

0.03%

Average Days on Market

110

Average Home Size

1760 ft²

Average Home Age

26.2 years

Currently For Sale

669 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

Rentals Near You

Click here to view more rentals in the neighborhood.
ECAR

Listed by: Robin A Lee, Fletchersales Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 723865
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 2440 Bungalo Lane built and last sold?
The property at 2440 Bungalo Lane was built in 2005 and last sold on Oct 5, 2020 for $480,000.
How much is this home worth?
The estimated value of the home located at 2440 Bungalo Lane is $0.
What are some comparable homes to 2440 Bungalo Lane?
There are currently no comparable homes to 2440 Bungalo Lane.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Walton Beaches Homes for Sale
Walton Beaches Houses for Sale
Walton Beaches Condos for Sale
Walton Beaches Townhouses for Sale
Walton Beaches Land for Sale
Walton Beaches Commercial for Sale
Walton Beaches Homes with Basements
Walton Beaches Homes with Pools
Nearby Cities
Panama City Beach Homes for Sale
Miramar Beach Homes for Sale
Destin Homes for Sale
Panama City Homes for Sale
Upper Grand Lagoon Homes for Sale
Wright Homes for Sale
Fort Walton Beach Homes for Sale
Lower Grand Lagoon Homes for Sale
Nearby Property Records
Walton County, FL Property Records
Okaloosa County, FL Property Records
Bay County, FL Property Records
Washington County, FL Property Records
Holmes County, FL Property Records
Santa Rosa County, FL Property Records
Calhoun County, FL Property Records
Geneva County, AL Property Records
Neighborhoods
Santa Rosa Island Real Estate
Downtown Destin Real Estate
Crystal Beach Real Estate
Lynn Haven Real Estate
Bunkers Cove Real Estate
Wild Heron Real Estate
Port Dixie Real Estate
Destin Harbor Real Estate
Nearby Counties
Fort Walton Beach Homes for Sale
Panama City Beaches Homes for Sale
Niceville-Valparaiso Homes for Sale
Freeport Homes for Sale
Southport Homes for Sale
DeFuniak Springs Homes for Sale
Vernon Homes for Sale
Redbay Homes for Sale
Top Real Estate Agents
Top Agents in Walton Beaches
Top Agents in Fort Walton Beach
Top Agents in Panama City Beaches
Top Agents in 32459
Top Agents in 32413
Top Agents in Panama City Beach
Top Agents in 32541
Top Agents in Miramar Beach