$850,000
●
House -
Off Market
2491 Bungalo Lane
Miramar Beach, FL 32550
4 Beds
4 Baths
1,998 Ft²
$5,891
Est. Monthly
About This Property
SELLER FINANCING IS AVAILABLE WITH TWENTY PERCENT DOWN INTEREST
ONLY PAYMENTS FOR TWO YEARS, AT 4% THEN A BALLOON PAYMENT. This
captivating, luxurious home is one of the larger, more desirable
floor plans in the Bungalos subdivision. A tastefully
appointed,
FULLY FURNISHED, impeccable,
spacious, three bedrooms with a loft sleeping area and a bunk room is perfect for a second home or a rental investment or both. Stainless steel appliances
and granite countertops add to the ambiance. The Bungalos community also has a pool in the center of the complex for the owner's enjoyment. The large
driveway has parking for a golf cart which is included as well. The owners had the roof replaced in 2021. 2026 assessments are $1,200.00 to Bungalo HOA Quarterly and $492.10 Quarterly to the SOA.
FULLY FURNISHED, impeccable,
spacious, three bedrooms with a loft sleeping area and a bunk room is perfect for a second home or a rental investment or both. Stainless steel appliances
and granite countertops add to the ambiance. The Bungalos community also has a pool in the center of the complex for the owner's enjoyment. The large
driveway has parking for a golf cart which is included as well. The owners had the roof replaced in 2021. 2026 assessments are $1,200.00 to Bungalo HOA Quarterly and $492.10 Quarterly to the SOA.
Unit Size
1,998 Ft²
Days on Market
103 days
Land Size
0.13 acres
Price per sqft
$535
Property Type
House
Property Taxes
$642
HOA Dues
-
Year Built
2005
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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: 6 months ago (ECAR #994730)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2026 | Sold | ||
| Sold | |||
| May 9, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by Resort Real Estate Group LLC | $1,069,000 | |
| Listed by Resort Real Estate Group LLC | |||
| Mar 20, 2025 | Price Decreased |
$1,189,000
↓ $61K
(4.9%) | |
| Price Decreased | |||
| Jan 7, 2025 | Listed | $1,250,000 | |
| Listed | |||
| | |||
|
SELLER FINANCING IS AVAILABLE WITH TEN PERCENT DOWN SELLER REQUIRES 72 HOURS FOR ACCEPTANCE. This captivating, luxurious home is one of the larger, more desirable floor plans in the Bungalos subdivision. A tastefully appointed,
FULLY FURNISHED, impeccable,
spacious, three bedrooms with a loft sleeping area and a bunk room is perfect for a second home or a rental investment or both. Stainless steel appliances
and granite countertops add to the ambiance. The Bungalos community also has a pool in the center of the complex for the owner's enjoyment. The large
driveway has parking for a golf cart which is included as well. The owners had the roof replaced in 2021. 2024 Monthly assessments are $380.00 to Bungalo HOA and $447.25 Quarterly to the SOA.
| |||
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Property Highlights
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Craig S Snitko, Resort Real Estate Group LLC
Last Updated: 6 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 994730
Last Updated: 6 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 994730
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