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Miramar Beach 32550
3576 Preserve Drive
$1,275,000
● House - Off Market

3576 Preserve Drive

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,748 Ft²
$2,581,499
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

NEW CONSTRUCTION home in the exclusive Preserve at Burnt Pine. This 3 bedroom 3.5 bath home features a grand foyer with 12 to 16 foot ceilings. The open living/kitchen area is perfect for entertaining with the built in banquets in breakfast room overlooking the pool. The lania off the kitchen has a large covered outdoor kitchen area. The private master suite features a fireplace, his and her closets, and spacious master bath. The lania off the master has a fireplace and seating area. Large windows provide a panoramic view of the lake and golf course. All square footage and room dimensions to be verified by buyer.
Unit Size
3,748 Ft²
Days on Market
-
Land Size
-
Price per sqft
$387
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2014

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #706214)

Price History

Date / Event Date Event Price
Mar 16, 2022 Sold
Premium
Sold
Jan 26, 2022 No longer available -
No longer available
Jan 6, 2022 Listed by Destin Lifestyles Real Estate $2,750,000
Listed by Destin Lifestyles Real Estate
Jun 9, 2015 Sold
Premium
Sold
May 24, 2014 Listed by Destin Lifestyles Real Estate $1,450,000
Listed by Destin Lifestyles Real Estate
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • 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
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 978
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 15,537
  • Total Building Area: 5,912
  • Gross Building Area: 5,912
  • Building Area: 4,934
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,934
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BURNT PINE PH II
  • Land Acres: 0000000357
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 3576 PRESERVE AT BURNT PINE PH II S/D PB 15-11 OR 2430-1587 OR 2911-1306 OR 2981-1486 OR 3243-2120

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-21-42801-000-3576
  • Block: 35
  • Lot: 3576
  • Meridian: SEC 23 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.4046
  • Longitude: -86.3128

    Address

  • Full Address: 3576 Preserve Dr
  • Address - House Number: 3576
  • 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

  • Total Area: 5,807
  • Tax Year: 2022
  • Tax Amount: $1,718,910
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 2,995,308
  • High Value: 3,788,776
  • Low Value: 2,201,840

    Market Valuation

  • Market Total Value: $2,112,887
  • Market Land Value: $330,268
  • Market Improvement Value: $1,782,619

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,112,887
  • Assessed Land Value: $330,268
  • Assessed Improvements Value: $1,782,619

    Sales

  • Current Sale Contract Date: Mar 14, 2022
  • Current Sale Recording Date: Mar 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12463
  • Previous Sale Recording Date: Jun 09, 2015
  • Previous Sale Contract Date: Jun 03, 2015
  • Previous Sale Amount: $1,275,000
  • 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:

$719,450

Sale Price/ft²

$493

Below Asking

0.03%

Average Days on Market

110

Average Home Size

1721 ft²

Average Home Age

26.3 years

Currently For Sale

691 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: Tracey S Clay, Destin Lifestyles Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 706214
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 3576 Preserve Drive built and last sold?
The property at 3576 Preserve Drive was built in 2014 and last sold on Mar 14, 2022 for $2,600,000.
How much is this home worth?
The estimated value of the home located at 3576 Preserve Drive is $0.
What are some comparable homes to 3576 Preserve Drive?
There are currently no comparable homes to 3576 Preserve Drive.
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