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Miramar Beach 32550
3031 Club Drive
$1,250,000
● House - Off Market

3031 Club Drive

Miramar Beach, FL 32550
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
6,514 Ft²
$2,447,973
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

SELLER MOTIVATED TO SELL...This immaculate custom built lake front home is perfectly situated on the 6th hole of the golf course. Generous square footage with 4 bedrooms, 4 full baths, and a half bath. Master Suite on the main level features walk in shower, and separate sauna. Additional living space includes an exercise room, and spacious study. Beautiful views of the golf course and lake from the screened in lanai. Enjoy relaxing by the pool with your family and friends. Call today to preview this fine estate home.
Unit Size
6,514 Ft²
Days on Market
-
Land Size
-
Price per sqft
$211
Property Type
House
Property Taxes
$1,040
HOA Dues
$450
Year Built
2001

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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 #722212)

Price History

Date / Event Date Event Price
Sep 22, 2021 Sold
Premium
Sold
Jul 29, 2021 No longer available -
No longer available
Jul 20, 2021 Price Decreased $2,690,000
↓ $90K (3.2%)
Price Decreased
Apr 17, 2021 Listed by Paradise Property Brokers Inc $2,780,000
Listed by Paradise Property Brokers Inc
Jun 23, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Elevator
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 1,054
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 22,801
  • Total Building Area: 7,917
  • Gross Building Area: 7,917
  • Building Area: 6,863
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 6,863
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLUB DRIVE
  • Land Acres: 0000000523
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 8 PH I OF CLUB DRIVE PB 9-26 OR 1273-46 OR 2222-52 OR 2672-4070 OR 2982-3393 OR 3092-4044 OR 3217-2020

Neighborhood

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

Zoning

  • Zoning: SD

Geography

  • Assessors Map Reference: S2-14-21
  • Subdivision Phase Number: 1
  • Parcel: 14-2S-21-42200-000-0080
  • Lot: 8
  • Meridian: SEC 14 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.406
  • Longitude: -86.3211

    Address

  • Full Address: 3031 Club Dr
  • Address - House Number: 3031
  • Address - Street Name: Club
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 4535
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 7,445
  • Tax Year: 2022
  • Tax Amount: $2,252,262
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 3,487,292
  • High Value: 4,411,089
  • Low Value: 2,563,496

    Market Valuation

  • Market Total Value: $2,430,306
  • Market Land Value: $724,698
  • Market Improvement Value: $1,705,608

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,430,306
  • Assessed Land Value: $724,698
  • Assessed Improvements Value: $1,705,608

    Sales

  • Current Sale Contract Date: Sep 20, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210047519
  • Previous Sale Recording Date: Jun 23, 2015
  • Previous Sale Contract Date: Jun 19, 2015
  • Previous Sale Amount: $1,250,000
  • 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:

$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: Clifford W Milam, Paradise Property Brokers Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 722212
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 3031 Club Drive built and last sold?
The property at 3031 Club Drive was built in 2001 and last sold on Sep 20, 2021 for $2,230,000.
How much is this home worth?
The estimated value of the home located at 3031 Club Drive is $0.
What are some comparable homes to 3031 Club Drive?
There are currently no comparable homes to 3031 Club Drive.
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