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Miramar Beach 32550
274 Beacon Way
$148,500
● House - Off Market

274 Beacon Way

Miramar Beach, FL 32459
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,755 Ft²
$354,229
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

This 4BR/2BA home backs up is situated on a nice level lot that backs up to green space with large mature trees and cat tails. Located in Mack Bayou Pointe subdivision and convenient to shopping and the Sacred Heart medical Center. This home features a split bedroom floor plan. The large kitchen/dining area has a pantry, breakfast bar and opens to the living room which is highlighted by a cathedral ceiling and plant shelves. The master suite has a double cultured marble vanity, garden tub, and walk-in closet. Bedrooms 2 - 4 are all 10' x 12' with nice sized closets in each. The oversized laundry room is inside and provides access to the garage which has pull-down stairs for attic access for additional storage. Outside you will find a nicely maintained yard, patio, lawn pump, and sprinkler system.
Unit Size
1,755 Ft²
Days on Market
-
Land Size
-
Price per sqft
$94
Property Type
House
Property Taxes
-
HOA Dues
$130
Year Built
2003

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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 #570730)

Price History

Date / Event Date Event Price
Jul 24, 2012 Sold
Premium
Sold
Jan 15, 2012 Listed by Aquatic Residential Leasing $165,000
Listed by Aquatic Residential Leasing
Jun 2, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,301
  • Total Building Area: 2,203
  • Gross Building Area: 2,203
  • Building Area: 1,762
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,762
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MACK BAYOU POINTE
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 24 MACK BAYOU POINTE S/D PB 15-13 OR 2422-824 OR 2467-696 OR 2672-2478 OR 2895-4416 OR 2929-3076 OR 2947-2159

Neighborhood

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

Geography

  • Assessors Map Reference: S2-24-21
  • Parcel: 24-2S-21-42330-000-0240
  • Block: 2
  • Lot: 24
  • Meridian: SEC 24 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.4029
  • Longitude: -86.3099

    Address

  • Full Address: 274 Beacon Way
  • Address - House Number: 274
  • Address - Street Name: Beacon
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H017
  • 4-Digit Zip Code: 3096
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 2,034
  • Tax Year: 2022
  • Tax Amount: $284,781
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.4642
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 7
  • Final Value: 419,021
  • High Value: 613,535
  • Low Value: 224,506

    Market Valuation

  • Market Total Value: $364,339
  • Market Land Value: $32,638
  • Market Improvement Value: $331,701

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $364,339
  • Assessed Land Value: $32,638
  • Assessed Improvements Value: $331,701

    Sales

  • Current Sale Contract Date: Jul 19, 2012
  • Current Sale Recording Date: Jul 24, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1203097
  • Previous Sale Recording Date: Jun 02, 2005
  • Previous Sale Contract Date: May 27, 2005
  • Previous Sale Amount: $313,600
  • 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:

$735,000

Sale Price/ft²

$497

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1721 ft²

Average Home Age

26.3 years

Currently For Sale

691 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

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ECAR

Listed by: Brent C Winjum, Aquatic Residential Leasing
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 570730
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 274 Beacon Way built and last sold?
The property at 274 Beacon Way was built in 2003 and last sold on Jul 19, 2012 for $148,500.
How much is this home worth?
The estimated value of the home located at 274 Beacon Way is $0.
What are some comparable homes to 274 Beacon Way?
There are currently no comparable homes to 274 Beacon Way.
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