$850,000
●
Condo -
Off Market
4045 Beachside One Drive #4045
Miramar Beach, FL 32550
2 Beds
2 Baths
$6,348
Est. Monthly
$1,429
HOA / Fees
-0.58%
Cap Rate
About This Property
As soon as you step through the door of this beautiful 2-bedroom 2
bath retreat you will never want to leave. The sparkling blue
waters of the gulf and the sugar white sand of the beaches are
visible from almost every room.
Owner replaced the HVAC in 2024, Heat Pump and HWH tank in April 2020. Kitchen was updated in 2024 with stainless appliances, quartz countertops and a stunning glass tile backsplash. Both bathrooms have been completely redone last month with all glass
showers, new cabinets, quartz counter tops, under mounted sinks, black framed mirrors and dramatic new black and white tile flooring.
New bedroom and dining room furniture is on order to complete this Fantastic retreat!
Call to see it today!
Owner replaced the HVAC in 2024, Heat Pump and HWH tank in April 2020. Kitchen was updated in 2024 with stainless appliances, quartz countertops and a stunning glass tile backsplash. Both bathrooms have been completely redone last month with all glass
showers, new cabinets, quartz counter tops, under mounted sinks, black framed mirrors and dramatic new black and white tile flooring.
New bedroom and dining room furniture is on order to complete this Fantastic retreat!
Call to see it today!
Unit Size
-
Days on Market
175 days
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$500
HOA Dues
$1,429
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 #967961)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Price Decreased |
$900,000
↓ $99K
(9.9%) | |
| Price Decreased | |||
| Apr 17, 2025 | Price Increased |
$999,000
↑ $49K
(5.2%) | |
| Price Increased | |||
| Feb 25, 2025 | Price Increased |
$950,000
↑ $20K
(2.2%) | |
| Price Increased | |||
Show More
Property Highlights
Elevator
Air Conditioning
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Pantry, Owner's Closet, Woodwork Painted
Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Water Heater - Elect
Flooring Type: Floor Tile, Floor WW Carpet
Rooms: 6
Exterior Details
Has Property Attached
Security Features: Fire Alarm/Sprinkler
Property Condition: Construction Complete
Architectural Style: N/A
Year Built: 1982
Waterfront Features: Gulf
Building Area Total: 1236
Window Features: Window Treatment All
Construction Materials: Concrete, Steel Siding, Stucco
Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
Pool is Private
Lot Size Units: Acres
Financial Details
Tax Annual Amount: $6,002
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Security, Sewer, Water, Cable TV, Trash, Accounting, Ground Keeping, Management, Master Association
HOA Fee Frequency: Monthly
Condo/Coop Fee: $1,429
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/06/2025
|
2 Bed
|
2 Bath
|
-
|
$930,000
2 Bed
2 Bath
|
$850,000
-8.60%
07/31/2025
|
Ginger Lundstrom
Platinum Realty LLC
| |
|
01/13/2024
|
2 Bed
|
2 Bath
|
1236 ft²
|
$1,100,000
2 Bed
2 Bath
1236 ft²
|
-
-
|
Ginger J Lundstrom
Platinum Realty Llc
| |
|
09/05/2019
|
2 Bed
|
2 Bath
|
1236 ft²
|
$610,000
2 Bed
2 Bath
1236 ft²
|
-
-
|
-
|
Building Info
About Miramar Beach
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Listed by: Ginger J Lundstrom, Platinum Realty LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 967961
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 967961
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