$499,000
●
Condo -
Off Market
4203 Beachside Two Drive #203
Miramar Beach, FL 32550
1 Bed
1 Bath
972 Ft²
$2,792
Est. Monthly
1.46%
Cap Rate
About This Property
MOTIVATE SELLER..! BEACH FRONT WITH OCEAN VIEWS. This
Newly Renovated unit is at Beach Level with easy access to the
Beach and pool, features a covered patio facing the Gulf with steps
to walk out onto the grass. Walk over the dunes and enjoy the
beautiful emerald green waters of the gulf. No elevators, walk from
your vehicle into your condo.
Unit Size
972 Ft²
Days on Market
-
Land Size
-
Price per sqft
$513
Property Type
Condo
Property Taxes
$342
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: 2 years ago (ECAR MLS #968150)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Feb 9, 2025 | Listed by Paradise Property Brokers Inc | $499,000 | |
| Listed by Paradise Property Brokers Inc | |||
| Jan 1, 2022 | No longer available | - | |
| No longer available | |||
| Sep 25, 2021 | Listed by Ocean Reef Realty Inc | $535,000 | |
| Listed by Ocean Reef Realty Inc | |||
| | |||
|
If you've ever dreamed of owning a condo on the glittering shores of the Emerald Coast, now's your chance.4203 Beachside Drive Unit 203 is a prominent, one-bedroom condo unit that is eager to meet its next owner. The unit is situated in Beachside Towers II at the luxury Sandestin Resort. It comes fully furnished, making it move-in or rental ready for your convenience.This incredible unit is located at the beach level, and it features a covered patio with tables and chairs that face the Gulf. A perfect spot for drinks, casual conversation, and checking out the view. The laidback beach vibe continues indoors, where an open floorplan and a bright interior invite you to sit back and relax. In the living room, a mirrored wall makes it feel The manager has listed the unit size as 972 square feet.
| |||
| Dec 27, 2020 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
Parking Details
Parking Features: Garage, Covered, Guest
Interior Details
Bedrooms: 1
Full Bathrooms: 1
Interior Features: Breakfast Bar, Elevator, Floor Tile, Furnished - All, Lighting Recessed, Owner's Closet, Renovated, Window Treatment All
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Washer
Rooms: 4
Exterior Details
Property Condition: Construction Complete
Year Built: 1984
Window Features: Double Pane Windows
Construction Materials: Concrete, Steel, Stucco
Pool Features: Pool Type
Financial Details
Tax Year: 2024
Tax Annual Amount: $4,102
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
Location Details
Association Fee Includes: Accounting, Master Association, Recreational Faclty, Security, Cable TV, Trash
Association Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
02/09/2025
|
1 Bed
|
1 Bath
|
972 ft²
|
$499,000
1 Bed
1 Bath
972 ft²
|
$499,000
02/25/2025
|
Clifford Milam
Paradise Property Brokers Inc
| |
|
06/22/2023
|
1 Bed
|
1 Bath
|
972 ft²
|
$689,000
1 Bed
1 Bath
972 ft²
|
-
-
|
Brian M Raymond
Emerald Coast Beach Homes LLC
| |
|
09/25/2021
|
1 Bed
|
1 Bath
|
972 ft²
|
$535,000
1 Bed
1 Bath
972 ft²
|
-
-
|
Chris Taylor
Ocean Reef Realty Inc
| |
|
08/21/2020
|
1 Bed
|
1 Bath
|
972 ft²
|
$440,000
1 Bed
1 Bath
972 ft²
|
-
-
|
-
| |
|
01/01/2014
|
1 Bed
|
1 Bath
|
854 ft²
|
$299,000
1 Bed
1 Bath
854 ft²
|
$270,000
-9.70%
03/03/2014
|
Vicki Matthews
Coldwell Banker Realty
|
Building Info
About Miramar Beach
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Listed by: Clifford W Milam, Paradise Property Brokers Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 968150
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 968150
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