57
Map
$599,900
●
House -
In Contract
247 Maravilla Drive
Miramar Beach, FL 32550
3 Beds
2 Baths
1,284 Ft²
$2,946
Est. Monthly
About This Property
Experience coastal living at its best in this incredible
Caribbean-style beach cottage, ideally located just a short walk
from 500 feet of private, deeded beach access. Nestled within
Maravilla, a gated community offering resort-style amenities,
residents enjoy two swimming pools, tennis courts, a fitness
facility, and more.
This spacious 3-bedroom, 2-bath home features a thoughtfully designed, open-concept floor plan perfect for both relaxing and entertaining. The kitchen flows seamlessly into the dining and living areas, creating a bright and inviting central gathering space.
The primary suite offers a private en suite bath featuring a walk-in rain shower and double vanity. Two additional guest bedrooms share a well-appointed full bath with a tub/shower combination.
With its desirable location, generous layout, private beach access, and outstanding community amenities, this coastal retreat offers exceptional versatility as a primary residence, second home, or investment property.
This spacious 3-bedroom, 2-bath home features a thoughtfully designed, open-concept floor plan perfect for both relaxing and entertaining. The kitchen flows seamlessly into the dining and living areas, creating a bright and inviting central gathering space.
The primary suite offers a private en suite bath featuring a walk-in rain shower and double vanity. Two additional guest bedrooms share a well-appointed full bath with a tub/shower combination.
With its desirable location, generous layout, private beach access, and outstanding community amenities, this coastal retreat offers exceptional versatility as a primary residence, second home, or investment property.
Unit Size
1,284 Ft²
Days on Market
-
Land Size
-
Price per sqft
$467
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999
Listed By
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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.
Last updated: 24 days ago (ECAR #1011339)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2026 | In contract | - | |
| In contract | |||
| Sep 4, 2026 | Listed by Mainsail Realty Company | $599,900 | |
| Listed by Mainsail Realty Company | |||
| Mar 1, 2021 | Sold | ||
| Sold | |||
| Jan 1, 2021 | No longer available | - | |
| No longer available | |||
| Dec 1, 2020 | Price Decreased |
$430,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
Fireplace
Interior Details
Full Bathrooms: 2
Interior Features: Kitchen Island, Pantry, Ceiling Raised, Lighting Recessed, Split Bedroom, Washer/Dryer Hookup
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Heater, Oven Self Cleaning, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric
Flooring Type: Laminate, Floor Tile
Rooms: 8
Has Fireplace
Fireplace Features: Fireplace Gas, Fireplace
Exterior Details
Square Footage: 1284
Property Condition: Construction Complete
Architectural Style: Florida Cottage
Year Built: 1999
Building Area Total: 1284
Window Features: Window Treatment All
Construction Materials: Frame, Stucco
Patio and Porch Features: Porch, Deck Open
Pool Features: Pool Type
Lot Features: Level, Covenants, Restrictions, Sidewalk, Within 1/2 Mile to Water
Lot Size Units: Acres
Lot Size Dimensions: 50x90
Financial Details
Tax Assessed Value: $1,036
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Accounting, Ground Keeping, Management, Master Association, Recreational Faclty
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Miramar Beach
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Listed by: Erin A Treadwell, Mainsail Realty Company
Last Updated: 24 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1011339
Last Updated: 24 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1011339
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