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Miramar Beach 32550
3527 Burnt Pine Lane
$380,000
● Land - Off Market

3527 Burnt Pine Lane

Miramar Beach, FL 32550
bedrooms
Studio
bathrooms
0 Bath
$548,581
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Real Estate Owned REO. With no requirement to begin building, take your time to design your dream home! Only a short golf cart ride from all Sandestin Resort has to offer while being tucked away in an exclusive and gated community Burnt Pine. Premier lifestyle of primary residences or 2nd homes. Owners are eligible to become members of the Burnt Pine Golf Club and are able to take advantage of the many benefits and clubs Sandestin has to offer. This homesite is located just past the stone bridge entrance to Arrowhead with views of the the 8th hole on Raven Golf Course and down the street from the Burnt Pine Club House.
Unit Size
-
Days on Market
59 days
Land Size
0.39 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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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: 7 months ago (ECAR #837271)

Price History

Date / Event Date Event Price
Sep 9, 2022 Sold
Premium
Sold
May 7, 2021 Sold
Premium
Sold
Feb 24, 2020 Sold
Premium
Sold
Dec 22, 2019 Listed by ERA American Real Estate $380,000
Listed by ERA American Real Estate

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: BURNT PINE EAST
  • Land Acres: 0000000390
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • Legal Description 1: LOT 3527 ARROWHEAD AT BURNT PINE EAST PB 15-41 OR 2494-1123 OR 2653-1915 OR 3094-2750 OR 3121-4342 OR 3134-358 OR 3196-2848 OR 3266-736

Neighborhood

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

Zoning

  • Zoning: SD

Geography

  • Assessors Map Reference: S2-23-21
  • Parcel: 23-2S-21-42820-000-3527
  • Block: 35
  • Lot: 3527
  • Meridian: SEC 23 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3999
  • Longitude: -86.3109

    Address

  • Full Address: 3527 Burnt Pine Ln
  • Address - House Number: 3527
  • Address - Street Name: Burnt Pine
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 1837
  • Zip Code: 32550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $472,611
  • Tax Rate Code Area: 007

    Market Valuation

  • Market Total Value: $509,972
  • Market Land Value: $509,972

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $509,972
  • Assessed Land Value: $509,972

    Sales

  • Current Sale Contract Date: Sep 09, 2022
  • Current Sale Recording Date: Sep 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 40629
  • Previous Sale Recording Date: May 07, 2021
  • Previous Sale Contract Date: May 03, 2021
  • Previous Sale Amount: $484,000
  • 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

$498

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1710 ft²

Average Home Age

26.6 years

Currently For Sale

985 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: Brandon Jordan, ERA American Real Estate
Last Updated: 7 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 837271
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 3527 Burnt Pine Lane built and last sold?
The property at 3527 Burnt Pine Lane was built in and last sold on Sep 9, 2022 for $2,975,000.
How much is this home worth?
The estimated value of the home located at 3527 Burnt Pine Lane is $0.
What are some comparable homes to 3527 Burnt Pine Lane?
There are currently no comparable homes to 3527 Burnt Pine Lane.
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