$825,000
●
Condo -
Off Market
4061 Beachside One Drive #4061
Miramar Beach, FL 32550
2 Beds
2 Baths
1,177 Ft²
$4,718
Est. Monthly
-0.55%
Cap Rate
About This Property
When it comes to looking further, the time has come to stop your
search and come see just how much further you can see the moment
you walk through the door of the best Gulf-Front value available at
Beachside in Sandestin. Stepping into the open living area,
the magnificent waters of the Gulf beckon you towards the oversized
balcony and the soothing sound of waves arriving upon the sandy
white quartz shoreline below. You will appreciate all of the
completed upgrades to the bathrooms, now having glass shower
enclosures and new vanities topped with granite. Since you
won't be interested in leaving, the kitchen also features granite
tops and a suite of stainless appliances. When you are
interested, the time to inquire is now because this value only goes
to whomever gets there first!
Unit Size
1,177 Ft²
Days on Market
452 days
Land Size
-
Price per sqft
$722
Property Type
Condo
Property Taxes
$544
HOA Dues
-
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: 6 months ago (ECAR #967941)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 4, 2026 | Sold | ||
| Sold | |||
| Apr 10, 2026 | In contract | - | |
| In contract | |||
| Mar 17, 2026 | Price Decreased |
$850,000
↓ $100K
(10.5%) | |
| Price Decreased | |||
| Feb 6, 2025 | Listed by Platinum Realty LLC | $950,000 | |
| Listed by Platinum Realty LLC | |||
Property Highlights
Elevator
Air Conditioning
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Elevator, Ceiling Crwn Molding, Owner's Closet, Washer/Dryer Hookup, Woodwork Painted
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Washer, Oven Self Cleaning, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Water Heater - Elect
Flooring Type: Floor Tile, Floor WW Carpet
Rooms: 5
Exterior Details
Has Property Attached
Square Footage: 1177
Security Features: Fire Alarm/Sprinkler
Property Condition: Renovated, Construction Complete
Architectural Style: N/A
Year Built: 1982
Waterfront Features: Gulf
Building Area Total: 1177
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 Assessed Value: $1,382
Tax Annual Amount: $6,522
Utilities Details
Cooling Type: 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, Internet Service, Licenses/Permits, Management, Master Association
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
|
1177 ft²
|
$950,000
2 Bed
2 Bath
1177 ft²
|
$825,000
-13.16%
05/04/2026
|
Ginger Lundstrom
Platinum Realty LLC
| |
|
07/01/2023
|
2 Bed
|
2 Bath
|
1177 ft²
|
$1,100,000
2 Bed
2 Bath
1177 ft²
|
-
-
|
Ginger J Lundstrom
Platinum Realty Llc
|
Building Info
About Miramar Beach
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Listed by: Ginger J Lundstrom, Platinum Realty LLC
Last Updated: 6 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 967941
Last Updated: 6 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 967941
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