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Miramar Beach 32550
3571 Preserve Drive Drive
$1,175,000
● Land - Off Market

3571 Preserve Drive Drive

Miramar Beach, FL 32550
bedrooms
Studio
bathrooms
0 Bath
$6,850
Est. Monthly

About This Property

Oversized pristine lot in Burnt Pine that is cleared ,backfilled and ready to build. This lot sits on the 4th Green of the  Preserve at Burnt Pine Golf Club. Situated on a  cul de Sac at the end of Preserve Drive. Burnt Pine is a private golf course within the resort and offers 4 award winning Championship golf courses, a fantastic tennis center, a 113 slip full service marina, and many hiking and biking trails. A short golf cart ride away to Grand Boulevard with all its shopping and dining that it has to offer.
Unit Size
-
Days on Market
113 days
Land Size
0.63 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: 12 months ago (ECAR #972144)

Price History

Date / Event Date Event Price
Oct 23, 2025 Sold
Premium
Sold
Aug 28, 2025 In contract -
In contract
Aug 21, 2025 Price Decreased $1,395,000
↓ $95K (6.4%)
Price Decreased
Mar 26, 2025 Listed by Scenic Sotheby's International Realty $1,490,000
Listed by Scenic Sotheby's International Realty
Apr 13, 2023 Sold
Premium
Sold
Show More

Property Highlights

Garage

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: 27,312
  • 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 PH II
  • Land Acres: 0000000627
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • Legal Description 1: LOT 3571 PRESERVE AT BURNT PINE PH II PB 15-11 OR 2417-232 OR 2908-4762 OR 2938-1474 OR 2965-2741 OR 3017-3605 OR 3200-1236 OR 3233-3722

Neighborhood

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

Geography

  • Assessors Map Reference: S2-23-21
  • Subdivision Phase Number: 2
  • Parcel: 23-2S-21-42801-000-3571
  • Block: 35
  • Lot: 3571
  • Meridian: SEC 23 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.4065
  • Longitude: -86.3135

    Address

  • Full Address: 3571 Preserve Dr
  • Address - House Number: 3571
  • 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: $396,094
  • Tax Rate Code Area: 007

    Market Valuation

  • Market Total Value: $427,405
  • Market Land Value: $427,405

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $427,405
  • Assessed Land Value: $427,405

    Sales

  • Current Sale Contract Date: Apr 10, 2023
  • Current Sale Recording Date: Apr 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12659
  • Previous Sale Recording Date: Jan 07, 2022
  • Previous Sale Contract Date: Jan 06, 2022
  • Previous Sale Amount: $702,500
  • 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:

$740,000

Sale Price/ft²

$502

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: Kristina J Hutchison, Scenic Sotheby's International Realty
Last Updated: 12 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 972144
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 3571 Preserve Drive built and last sold?
The property at 3571 Preserve Drive was built in and last sold on Apr 10, 2023 for $620,000.
How much is this home worth?
The estimated value of the home located at 3571 Preserve Drive is $0.
What are some comparable homes to 3571 Preserve Drive?
There are currently no comparable homes to 3571 Preserve Drive.
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