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Miramar Beach 32550
316 Baytree Drive
$279,000
● House - Off Market

316 Baytree Drive

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,791 Ft²
$523,232
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Details coming soon...
Unit Size
1,791 Ft²
Days on Market
-
Land Size
-
Price per sqft
$156
Property Type
House
Property Taxes
-
HOA Dues
$60
Year Built
1999

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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 #711376)

Price History

Date / Event Date Event Price
Mar 6, 2018 Sold
Premium
Sold
Dec 23, 2014 Sold
Premium
Sold
Jul 28, 2014 Listed by Century 21 AllPoints Realty $279,999
Listed by Century 21 AllPoints Realty

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 9
  • 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: 440
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,493
  • Total Building Area: 2,421
  • Gross Building Area: 2,421
  • Building Area: 1,981
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,981
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAYSIDE PHASE II
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 5 TREETOPS AT BAYSIDE PHASE II PB 12-9 OR 2164-378 OR 2492-1153 OR 2645-1842 OR 2682-3408 OR 2688-142 OR 2840-4358 OR 2845-4925 OR 2967-1536 OR 3067-1073

Neighborhood

  • Census Tract: 950609

Geography

  • Subdivision Phase Number: 2
  • Parcel: 28-2S-21-42406-000-0050
  • Lot: 5
  • Meridian: SEC 28 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3825
  • Longitude: -86.3478

    Address

  • Full Address: 316 Bay Tree Dr
  • Address - House Number: 316
  • Address - Street Name: Bay Tree
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C027
  • 4-Digit Zip Code: 7865
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,095
  • Tax Year: 2022
  • Tax Amount: $233,304
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2713
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 748,166
  • High Value: 951,206
  • Low Value: 545,126

    Market Valuation

  • Market Total Value: $444,756
  • Market Land Value: $59,646
  • Market Improvement Value: $385,110

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $290,417

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 02, 2018
  • Current Sale Recording Date: Mar 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018000007176
  • Previous Sale Recording Date: Dec 23, 2014
  • Previous Sale Contract Date: Dec 22, 2014
  • Previous Sale Amount: $279,900
  • 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:

$725,000

Sale Price/ft²

$486

Below Asking

0.03%

Average Days on Market

110

Average Home Size

1734 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: Johnathan E Hughes, Century 21 AllPoints Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 711376
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 316 Bay Tree Drive built and last sold?
The property at 316 Bay Tree Drive was built in 1999 and last sold on Mar 2, 2018 for $310,000.
How much is this home worth?
The estimated value of the home located at 316 Bay Tree Drive is $312,977.
What are some comparable homes to 316 Bay Tree Drive?
There are currently no comparable homes to 316 Bay Tree Drive.
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