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Miramar Beach 32550
362 Bay Tree Drive
$499,900
↓ $25K (4.8%)
● House - For Sale

362 Bay Tree Drive

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,733 Ft²
$2,648
Est. Monthly

About This Property

OWNER FINANCING AVAILABLE! Peaceful surroundings, thoughtful renovations and an exceptional location between the bay and the gulf create an inviting backdrop for everyday coastal living. Positioned at the end of a quiet cul-de-sac in the sought-after Bayside community, this beautifully updated three-bedroom, two-bath brick residence pairs timeless design with modern comfort, offering a move-in-ready opportunity just minutes from the beaches, shopping, dining and recreation that define life along the Emerald Coast.

Designed for both everyday living and effortless entertaining, the open floor plan features a spacious great room with soaring ceilings, a gas fireplace and beautiful bamboo flooring that extends throughout the home, with tile in the kitchen and bathrooms. The renovated kitchen serves as the heart of the home, showcasing granite countertops, custom soft-close cabinetry, a tiled backsplash and matching black stainless KitchenAid appliances. The functional split-bedroom layout provides privacy, while abundant natural light enhances the home's warm and welcoming atmosphere.

Privately situated at the rear of the residence, the primary suite offers direct access to the screened porch, creating a peaceful retreat overlooking the fenced backyard. The beautifully renovated primary bath features granite countertops, a double vanity, LED mirrors, generous natural light and a spacious walk-in shower. The guest bathroom has also been completely updated with a new vanity and a deep soaking tub with a tiled shower surround.

Outdoor living is equally inviting, with a screened porch, front patio, fenced backyard, gas grill, and additional exterior storage, providing comfortable spaces to relax or entertain year-round. Numerous recent improvements offer lasting peace of mind, including a new roof installed in July 2020, gas water heater replacement in 2020, a new HVAC system with the majority of the ductwork replaced in 2021 and the addition of a whole-home dehumidifier for enhanced efficiency and comfort.

Life in Bayside extends well beyond the front door. Residents enjoy access to a community swimming pool, tennis courts, pavilion, bayfront dock, and waterfront park, where fishing, kayaking, paddleboarding, and sunset walks become part of everyday life. Just outside the neighborhood, a public boat launch, pickleball courts, playgrounds and additional recreational amenities provide even more opportunities to enjoy the outdoors. Conveniently located behind Silver Sands Premium Outlets and only minutes from the sugar-white beaches of the Emerald Coast, this exceptional home offers the rare combination of extensive renovations, outstanding community amenities and an enviable location that is equally well suited for a primary residence, second home or investment property.
Unit Size
1,733 Ft²
Days on Market
13 days
Land Size
0.13 acres
Price per sqft
$288
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
2000

Listed By

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Last updated: 5 days ago (ECAR #1009901)

Price History

Date / Event Date Event Price
Sep 24, 2026 Price Decreased $499,900
↓ $25K (4.8%)
Price Decreased
Sep 17, 2026 Relisted $525,000
Relisted
Sep 15, 2026 In contract -
In contract
Sep 10, 2026 Price Decreased $525,000
↓ $25K (4.5%)
Price Decreased
Aug 30, 2026 Price Decreased $549,900
↓ $10K (1.8%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Guest
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Kitchen Island, Ceiling Tray/Cofferd, Lighting Recessed, Newly Painted, Pull Down Stairs, Split Bedroom, Washer/Dryer Hookup
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater, Auto Garage Door Opn, Smoke Detector, Stove/Oven Gas
Flooring Type: Hardwood, Floor Tile
Rooms: 8
Has Fireplace
Fireplace Features: Fireplace Gas
Exterior Details
Square Footage: 1733
Property Condition: Renovated, Construction Complete
Architectural Style: Traditional
Year Built: 2000
Building Area Total: 1733
Construction Materials: Brick, Trim Aluminum
Patio and Porch Features: Covered, Screened
Pool Features: Pool Type
Lot Features: Cul-De-Sac, Level, Covenants, Interior, Restrictions, Within 1/2 Mile to Water
Lot Size Area: 0.13
Lot Size Units: Acres
Lot Size Acres: 0.13
Lot Size Square Feet: 5662.8
Lot Size Dimensions: 40x48x70x65x100
Water Source: Public
Financial Details
Tax Assessed Value: $128
Tax Annual Amount: $2,313
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Accounting, Ground Keeping, Management, Recreational Faclty

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,223
  • Total Building Area: 2,403
  • Gross Building Area: 2,403
  • Building Area: 2,003
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,003
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAYSIDE PHASE II
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 9 TREETOPS AT BAYSIDE PHASE II PB 12-9 OR 2281-38 OR 2701-11 OR 2861-3394 OR 2954-2646 OR 3054-3545

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950609

Geography

  • Assessors Map Reference: S2-28-21
  • Subdivision Phase Number: 2
  • Parcel: 28-2S-21-42406-000-0090
  • Block: 9
  • Lot: 9
  • Meridian: SEC 28 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3832
  • Longitude: -86.3479

    Address

  • Full Address: 362 Bay Tree Dr
  • Address - House Number: 362
  • Address - Street Name: Bay Tree
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C027
  • 4-Digit Zip Code: 7865
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,067
  • Tax Year: 2022
  • Tax Amount: $214,690
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2713
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 720,360
  • High Value: 915,854
  • Low Value: 524,866

    Market Valuation

  • Market Total Value: $423,350
  • Market Land Value: $59,646
  • Market Improvement Value: $363,704

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $269,833

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 10, 2017
  • Current Sale Recording Date: Oct 11, 2017
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017000033653
  • Previous Sale Recording Date: Jul 11, 2014
  • Previous Sale Contract Date: Jul 09, 2014
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Miramar Beach


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Frequently Asked Questions

When was property at 362 Bay Tree Drive built and last sold?
The property at 362 Bay Tree Drive was built in 2000 and last sold on Oct 10, 2017 for $299,000.
How much is this home worth?
The estimated value of the home located at 362 Bay Tree Drive is $501,969.
What are some comparable homes to 362 Bay Tree Drive?
There are currently no comparable homes to 362 Bay Tree Drive.