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Miramar Beach 32550
341 Maravilla Drive
$369,000
● House - Off Market

341 Maravilla Drive

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,404 Ft²
$674,750
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

...GREAT VALUE IN MARAVILLA...Maravilla is a 33 acre family destination accessed by gated entrances off US 98 and also Scenic Gulf Drive. This community consist of 189 condo units, 60 cottages, and 10 2-3 story homes. The community features 500 feet of deeded beach with daily beach service from March-October. Also on site are two pools, one heated seasonally, hot tub, two tennis courts, shuffleboard, clubhouse with kitchen, sitting room, and a small fitness room. Maravilla is known for it family and pet friendly atmosphere. This cottage is located near the heated pool and clubhouse, but with extra yard space for quietness and relaxation. Move in ready as a primary, second home, or rental home.
Unit Size
1,404 Ft²
Days on Market
-
Land Size
-
Price per sqft
$270
Property Type
House
Property Taxes
$168
HOA Dues
$526
Year Built
1997

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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 #710533)

Price History

Date / Event Date Event Price
Jun 23, 2015 Sold
Premium
Sold
Jul 24, 2014 Listed by Chandler Associates $379,000
Listed by Chandler Associates
Jul 14, 2008 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • 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: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,400
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,404
  • Gross Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,404
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARAVILLA COTTAGES
  • Land Acres: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 4 MARAVILLA COTTAGES S/D PB 11-35 OR 1554-31 OR 2797-949 OR 2797-953 OR 2982-3446

Neighborhood

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

Geography

  • Assessors Map Reference: S2-30-21
  • Parcel: 30-2S-21-42770-000-0040
  • Lot: 4
  • Meridian: SEC 30 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3816
  • Longitude: -86.3923

    Address

  • Full Address: 341 Maravilla Dr
  • Address - House Number: 341
  • Address - Street Name: Maravilla
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 3857
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 1,575
  • Tax Year: 2022
  • Tax Amount: $373,758
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2659
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 725,106
  • High Value: 917,934
  • Low Value: 532,278

    Market Valuation

  • Market Total Value: $452,146
  • Market Land Value: $100,133
  • Market Improvement Value: $352,013

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $452,146
  • Assessed Land Value: $100,133
  • Assessed Improvements Value: $352,013

    Sales

  • Current Sale Contract Date: Jun 12, 2015
  • Current Sale Recording Date: Jun 23, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015661327576
  • Previous Sale Recording Date: Jul 14, 2008
  • Previous Sale Contract Date: Jul 09, 2008
  • Previous Sale Amount: $375,000
  • 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:

$735,000

Sale Price/ft²

$500

Below Asking

0.02%

Average Days on Market

82

Average Home Size

1712 ft²

Average Home Age

26.6 years

Currently For Sale

982 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: James C McDaniel, Chandler Associates
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 710533
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 341 Maravilla Drive built and last sold?
The property at 341 Maravilla Drive was built in 1997 and last sold on Jun 12, 2015 for $369,000.
How much is this home worth?
The estimated value of the home located at 341 Maravilla Drive is $0.
What are some comparable homes to 341 Maravilla Drive?
There are currently no comparable homes to 341 Maravilla Drive.
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