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Miramar Beach 32550
321 L'Atrium Circle
$740,000
● House - Off Market

321 L'Atrium Circle

Miramar Beach, FL 32550
bedrooms
2 Beds
bathrooms
2 Baths
$735,656
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

This stunning patio home is a gem in the Sandestin Resort®! Meticulously maintained featuring a spacious layout with ample natural light throughout. The open-concept design allows for seamless entertaining & comfortable living. The fenced backyard provides a private space for outdoor activities. Additional features- whole house generator, gas stove, Florida room & a dream of a garage. Owner will consider financing w/ qualified Buyer. Located in the Sandestin Golf & Beach Resort®, you'll have access to world-class amenities, including golf courses, pristine beaches, marina, tennis/pickleball, shopping, dining, entertainment & more.
Unit Size
-
Days on Market
135 days
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$185
HOA Dues
$336
Year Built
1982

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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: 12 months ago (ECAR #921239)

Price History

Date / Event Date Event Price
Sep 1, 2023 Sold
Premium
Sold
Apr 17, 2023 Listed by Keller Williams Realty SRB $739,800
Listed by Keller Williams Realty SRB
Mar 24, 2011 Sold
Premium
Sold
Aug 23, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 4,976
  • Total Building Area: 2,049
  • Gross Building Area: 2,049
  • Building Area: 1,649
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,649
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INT IN COMMON ELEMENT
  • Land Acres: 0000000114
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 321 LATRIUM AND 1/47 INT IN COMMON ELEMENT PB 5-52 OR 1387-259 OR 1387-262 OR 2017-414 OR 2390-871 OR 2848-1627 OR 2862-1566 OR 2998-1971

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950609

Zoning

  • Zoning: SD

Geography

  • Assessors Map Reference: S2-27-21
  • Parcel: 27-2S-21-42140-000-3210
  • Block: 32
  • Lot: 321
  • Meridian: SEC 27 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3788
  • Longitude: -86.3449

    Address

  • Full Address: 321 Latrium Cir
  • Address - House Number: 321
  • Address - Street Name: Latrium
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C014
  • 4-Digit Zip Code: 4532
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 1,891
  • Tax Year: 2022
  • Tax Amount: $221,515
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2637
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 771,967
  • High Value: 975,540
  • Low Value: 568,394

    Market Valuation

  • Market Total Value: $484,071
  • Market Land Value: $61,197
  • Market Improvement Value: $422,874

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $277,198

    Sales

  • Current Sale Contract Date: Aug 31, 2023
  • Current Sale Recording Date: Sep 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 31500
  • Previous Sale Recording Date: Mar 24, 2011
  • Previous Sale Contract Date: Mar 10, 2011
  • Previous Sale Amount: $211,000
  • Previous Sale Document Type: 68
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:

$740,000

Sale Price/ft²

$500

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1704 ft²

Average Home Age

26.5 years

Currently For Sale

983 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: Jennifer L Crawford, Keller Williams Realty SRB
Last Updated: 12 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 921239
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 321 Latrium Circle built and last sold?
The property at 321 Latrium Circle was built in 1982 and last sold on Aug 31, 2023 for $740,000.
How much is this home worth?
The estimated value of the home located at 321 Latrium Circle is $0.
What are some comparable homes to 321 Latrium Circle?
There are currently no comparable homes to 321 Latrium Circle.
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