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Miramar Beach 32550
3953 Baytowne Avenue
$380,000
● Land - Off Market

3953 Baytowne Avenue

Miramar Beach, FL 32550
bedrooms
Studio
bathrooms
0 Bath
$533,540
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Exquisite .38 acre home site located along the 14th fairway of the prestigious Raven Golf Course with unparalleled views of the expansive fairway, green and lake. Surrounded by tall trees for the maximum of privacy, clear only what you want to create the perfect views and orientation in this charming neighborhood. Conveniently located, surrounded by gorgeous homes all within Sandestin Golf and Beach Resort.
Unit Size
-
Days on Market
49 days
Land Size
0.38 acres
Price per sqft
-
Property Type
Land
Property Taxes
$214
HOA Dues
$345
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: 11 months ago (ECAR #842485)

Price History

Date / Event Date Event Price
Oct 27, 2020 Sold
Premium
Sold
Mar 11, 2020 Listed by Paradise Property Brokers Inc $399,000
Listed by Paradise Property Brokers Inc

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: 16,471
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,030
  • 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: BAYTOWNE NORTH
  • Land Acres: 0000000378
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • Legal Description 1: LOT 3953 BAYTOWNE NORTH PB 14-69 OR 2336-148 OR 3166-1239

Neighborhood

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

Geography

  • Assessors Map Reference: S2-23-21
  • Parcel: 23-2S-21-42810-000-3953
  • Block: 39
  • Lot: 3953
  • Meridian: SEC 23 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3948
  • Longitude: -86.3129

    Address

  • Full Address: 3953 Baytowne Ave N
  • Address - House Number: 3953
  • Street Segment Direction: N
  • Address - Street Name: Baytowne
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 7897
  • Zip Code: 32550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $320,397
  • Tax Rate Code Area: 007

    Market Valuation

  • Market Total Value: $352,763
  • Market Land Value: $352,763

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $352,763
  • Assessed Land Value: $352,763

    Sales

  • Current Sale Contract Date: Oct 26, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200043220
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:

$735,000

Sale Price/ft²

$497

Below Asking

0.03%

Average Days on Market

82

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: Cheryl L Bateman, Paradise Property Brokers Inc
Last Updated: 11 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 842485
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 3953 Baytown Avenue built and last sold?
The property at 3953 Baytown Avenue was built in and last sold on Oct 26, 2020 for $380,000.
How much is this home worth?
The estimated value of the home located at 3953 Baytown Avenue is $0.
What are some comparable homes to 3953 Baytown Avenue?
There are currently no comparable homes to 3953 Baytown Avenue.
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