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Miramar Beach 32550
268 Long Lake Drive
$270,000
● House - Off Market

268 Long Lake Drive

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,822 Ft²
$500,815
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

Wonderful, end of the cul-de-sac location in the Old Florida subdivision in Miramar Beach with lots of privacy and yet is centrally located to everything. Charming 3 bedroom, 2.5 bath home is bordered on the east side by an easement and on the south by a wooded area. You will immediately notice the detail in crown molding, custom light fixtures, trey ceiling in the master, upstairs laundry, wood burning fireplace, huge under stairs storage and wonderful kitchen with stainless appliances and silestone counter tops. Great space in the backyard for pets, kids, vegetable garden or what ever suits your fancy. Home has an attached 2 car garage. This is a must see and won't last long. Buyer to verify all dimensions and parcel boundaries.
Unit Size
1,822 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$150
Property Type
House
Property Taxes
$158
HOA Dues
-
Year Built
2004

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Cap Rate Calculator

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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: 2 years ago (ECAR MLS #714484)

Price History

Date / Event Date Event Price
Mar 4, 2015 Sold
Premium
Sold
Sep 18, 2014 Listed by Keller Williams Realty Destin $274,000
Listed by Keller Williams Realty Destin
Dec 14, 2011 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,284
  • Gross Building Area: 2,284
  • Building Area: 1,822
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,822
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLDE FLORIDA LAKES PHASE TWO
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950608

Geography

  • Parcel: 30-2S-21-42321-000-0410
  • Block: 4
  • Lot: 410
  • Meridian: SEC 30 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3893
  • Longitude: -86.3809

    Address

  • Full Address: 268 Long Lake Dr
  • Address - House Number: 268
  • Address - Street Name: Long Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 8244
  • Zip Code: 32550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $185,242
  • Tax Rate Code Area: 7

    Market Valuation

  • Market Total Value: $284,627

    Assessments Valuation

  • Assessed Year: 2022

    Sales

  • Current Sale Contract Date: Mar 02, 2015
  • Current Sale Recording Date: Mar 04, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015661313541
  • Previous Sale Recording Date: Dec 14, 2011
  • Previous Sale Contract Date: Dec 09, 2011
  • Previous Sale Amount: $218,500
  • 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:

$724,500

Sale Price/ft²

$486

Below Asking

0.03%

Average Days on Market

110

Average Home Size

1736 ft²

Average Home Age

26.3 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: Calvin Cedarleaf, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 714484
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 268 Long Lake Drive built and last sold?
The property at 268 Long Lake Drive was built in 2004 and last sold on Mar 2, 2015 for $270,000.
How much is this home worth?
The estimated value of the home located at 268 Long Lake Drive is $0.
What are some comparable homes to 268 Long Lake Drive?
There are currently no comparable homes to 268 Long Lake Drive.
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