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Miramar Beach 32550
3591 Preserve Lane
$1,200,000
● Land - Off Market

3591 Preserve Lane

Miramar Beach, FL 32550
bedrooms
Studio
bathrooms
0 Bath
$8,347
Est. Monthly
$784
HOA / Fees

About This Property

Nestled within the prestigious enclave of Burnt Pine, discover an unparalleled opportunity to craft your dream home on this three-quarter-acre homesite, resting comfortably on the 8th hole of the Burnt Pine golf course.  As you envision your custom-built residence, the possibilities are endless. In this coveted corner of paradise, every moment is an opportunity to savor life's simple pleasures, from leisurely strolls along tree-lined pathways to captivating sunsets shared with loved ones.  With its unparalleled blend of natural beauty, refined living, and unparalleled access to world-class golf, this homesite presents a rare chance to cultivate the lifestyle you've always imagined. Seize the opportunity to build your legacy amidst the timeless allure of Burnt Pine.
Unit Size
-
Days on Market
-
Land Size
0.74 acres
Price per sqft
-
Property Type
Land
Property Taxes
$345
HOA Dues
$784
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: 2 years ago (ECAR MLS #946638)

Price History

Date / Event Date Event Price
Mar 28, 2025 Sold
Premium
Sold
Mar 5, 2025 In contract -
In contract
Apr 6, 2024 Listed by LPT Realty LLC $1,470,000
Listed by LPT Realty LLC
Jul 21, 2023 Sold
Premium
Sold
Jul 13, 2020 Sold
Premium
Sold
Show More

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: 32,274
  • 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
  • Land Acres: 0000000741
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • Legal Description 1: LOT 3591 PRESERVE AT BURNT PINE S/D PB 14-67 OR 2414-974 OR 3080-3363 OR 3150-345 OR 3257-3111

Neighborhood

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

Geography

  • Assessors Map Reference: S2-23-21
  • Parcel: 23-2S-21-42800-000-3591
  • Block: 35
  • Lot: 3591
  • Meridian: SEC 23 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.4049
  • Longitude: -86.3159

    Address

  • Full Address: 3591 Preserve Ln
  • Address - House Number: 3591
  • Address - Street Name: Preserve
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 1854
  • Zip Code: 32550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $458,769
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 007

    Market Valuation

  • Market Total Value: $505,116
  • Market Land Value: $505,116

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $505,116
  • Assessed Land Value: $505,116

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Jul 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 26091
  • Previous Sale Recording Date: Jul 13, 2020
  • Previous Sale Contract Date: Jul 06, 2020
  • Previous Sale Amount: $560,000
  • 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

$484

Below Asking

0.03%

Average Days on Market

111

Average Home Size

1763 ft²

Average Home Age

26.1 years

Currently For Sale

662 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: Michael E Sobik, LPT Realty LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 946638
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 3591 Preserve Lane built and last sold?
The property at 3591 Preserve Lane was built in and last sold on Jul 21, 2023 for $900,000.
How much is this home worth?
The estimated value of the home located at 3591 Preserve Lane is $0.
What are some comparable homes to 3591 Preserve Lane?
There are currently no comparable homes to 3591 Preserve Lane.
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