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Miramar Beach 32550
2446 Bungalo Lane
$413,000
● House - Off Market

2446 Bungalo Lane

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
1,660 Ft²
$727,548
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

Charming 3BR/3.5BA in impeccable condition and located directly across from the neighborhood pool. All carpets have been replaced with oak flooringincluding the stair threads (so that they match). Ground floor Master Bedroom!! Upstairs there are two large guest bedrooms, each with their own bathroom. One of the enormous closets off the 3rd bedroom has been finished as a cute cubby-hole sleep area with single bed and a desk! Distressed limestone floors, 10' ceilings, crown molding, stainless GE Profile appliances, granite kitchen and master bath counter tops. **price is unfurnished, furniture must be sold with house purchase $20k**
Unit Size
1,660 Ft²
Days on Market
-
Land Size
-
Price per sqft
$252
Property Type
House
Property Taxes
$241
HOA Dues
$371
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #742982)

Price History

Date / Event Date Event Price
Jun 10, 2019 Sold
Premium
Sold
Mar 28, 2016 Sold
Premium
Sold
Dec 11, 2015 Listed by Fletchersales Realty $418,000
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: 4,172
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 370
  • 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: 0000000096
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 2446 BUNGALOS AT SANDESTIN PH II PB 16-78 OR 2692-2663 OR 2850-3894 OR 3005-1718 OR 3107-4700 OR 3191-3555

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-21-42830-000-2446
  • Block: 24
  • Lot: 2446
  • Meridian: SEC 24 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3905
  • Longitude: -86.3068

    Address

  • Full Address: 2446 Bungalo Ln
  • Address - House Number: 2446
  • 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: $493,244
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2659
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 908,516
  • High Value: 1,150,119
  • Low Value: 666,914

    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: Jun 06, 2019
  • Current Sale Recording Date: Jun 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20190018883
  • Previous Sale Recording Date: Mar 28, 2016
  • Previous Sale Contract Date: Mar 25, 2016
  • Previous Sale Amount: $413,000
  • 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

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ECAR

Listed by: Michael W Fletcher, Fletchersales Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 742982
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 2446 Bungalo Lane built and last sold?
The property at 2446 Bungalo Lane was built in 2005 and last sold on Jun 6, 2019 for $440,000.
How much is this home worth?
The estimated value of the home located at 2446 Bungalo Lane is $0.
What are some comparable homes to 2446 Bungalo Lane?
There are currently no comparable homes to 2446 Bungalo Lane.
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