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Miramar Beach 32550
3569 PRESERVE Drive
$2,100,000
● House - Off Market

3569 PRESERVE Drive

Miramar Beach, FL 32550
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$12,750
Est. Monthly
$1,054
HOA / Fees
0.24%
Cap Rate

About This Property

Florida Living at its BEST! Tucked Away in the Private Gated Community of Burnt Pine at Sandestin Golf and Beach Resort is this VERY PRIVATE  ONE LEVEL, OPEN FLOOR PLAN, 4 Bedroom, 3.5 Bath HOME with A Large Outdoor Living Area, Summer Kitchen, LARGE Salt Water Pool & Spa.  Private Main Bedroom Suite with His & Her Walk In Closets. Kitchen has NEW Appliances, Sub Zero Refrigerator, Wolf Stove, Cove Dishwasher and Walk In Pantry. Air Conditioned Garage with Slat Board Walls, Custom Epoxy Floors, Insulated Garage Doors & Decking in the Attic with Lighting for Climate Controlled Storage & 50 AMP RV Plug with Full Hookups. OTHER HOME UPGRADES- Spray Foam Insulation in Attic, Monitored Security & Sonos Speaker System in the House & Pool Area, NEW STUCCO applied 2 Years Ago, Oversized LOT.
Unit Size
-
Days on Market
43 days
Land Size
0.63 acres
Price per sqft
-
Property Type
House
Property Taxes
$652
HOA Dues
$1,054
Year Built
2016

Payment Calculator

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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 #981973)

Price History

Date / Event Date Event Price
Sep 12, 2025 Sold
Premium
Sold
Sep 1, 2025 In contract -
In contract
Aug 14, 2025 Price Decreased $2,249,000
↓ $246K (9.9%)
Price Decreased
Jul 29, 2025 Listed by Kohls Group LLC $2,495,000
Listed by Kohls Group LLC
Nov 21, 2017 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 4
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 3,657
  • Gross Building Area: 3,657
  • Building Area: 3,105
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,105
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRESERVE AT BURNT PINE
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100

Neighborhood

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

Geography

  • Parcel: 23-2S-21-42801-000-3569
  • Block: 35
  • Lot: 3569
  • Meridian: SEC 23 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.4066
  • Longitude: -86.313

    Address

  • Full Address: 3569 Preserve Dr
  • Address - House Number: 3569
  • Address - Street Name: Preserve
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 1802
  • Zip Code: 32550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $793,967
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 840,834
  • High Value: 1,212,743
  • Low Value: 468,924

    Market Valuation

  • Market Total Value: $928,484

    Assessments Valuation

  • Assessed Year: 2022

    Sales

  • Current Sale Contract Date: Nov 17, 2017
  • Current Sale Recording Date: Nov 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017000038455
  • Previous Sale Recording Date: Nov 10, 2014
  • Previous Sale Contract Date: Nov 07, 2014
  • Previous Sale Amount: $143,500
  • 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:

$732,450

Sale Price/ft²

$498

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1712 ft²

Average Home Age

26.6 years

Currently For Sale

988 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

Rentals Near You

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ECAR

Listed by: Greg Kohls, Kohls Group LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 981973
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 3569 Preserve Drive built and last sold?
The property at 3569 Preserve Drive was built in 2016 and last sold on Nov 17, 2017 for $845,000.
How much is this home worth?
The estimated value of the home located at 3569 Preserve Drive is $2,271,490.
What are some comparable homes to 3569 Preserve Drive?
There are currently no comparable homes to 3569 Preserve Drive.
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