$300,000
●
Condo -
Off Market
4235 BEACHSIDE TWO Drive #235
Miramar Beach, FL 32550
Studio
1 Bath
722 Ft²
$624,472
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model
About This Property
Oversized and lives like a one bedroom, this studio features a
separate bunkroom, offering two sleeping areas! With perfect views
of the white sands and emerald waters, the balcony of this
condominium also overlooks the Beachside and Elephant Walk pools,
making people watching almost as much fun as seeing the beach. The
main area has both sleeping and sitting areas. A full kitchen!-a
bonus not often found in studios. No elevator wait- only one flight
from the lobby level. The bath and kitchen are fully updated with
granite and tile. Beachside II is a gem of a condominium, well kept
and directly on the beach, close to all that Sandestin Golf & Beach
Resort has to offer as the premier resort along the Gulf Coast.
This is the perfect beach home priced to appeal to all beach
lovers.
Unit Size
722 Ft²
Days on Market
-
Land Size
-
Price per sqft
$464
Property Type
Condo
Property Taxes
$168
HOA Dues
$470
Year Built
-
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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 #706327)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2014 | Sold | ||
| Sold | |||
| May 24, 2014 | Listed by ResortQuest Real Estate Topsl | $335,000 | |
| Listed by ResortQuest Real Estate Topsl | |||
Property Highlights
Air Conditioning
Parking Available
Elevator
Parking Details
Parking Features: Covered
Interior Details
Full Bathrooms: 1
Interior Features: Floor Tile, Furnished - All, Walls Mirrored, Window Bay, Window Treatment All
Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Stove/Oven Electric, Washer
Rooms: 2
Exterior Details
Property Condition: Construction Complete
Year Built: 1986
Construction Materials: Concrete, Steel
Financial Details
Tax Year: 2013
Tax Annual Amount: $2,020
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Utilities: Community Sewer, Community Water, TV Cable
Location Details
Association Fee Includes: Accounting, Ground Keeping, Internet Service, Master Association, Sewer, Water, Cable TV, Trash
Association Fee Frequency: Monthly
Association Fee2: $470
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 |
|---|---|---|---|---|---|---|---|
|
05/24/2014
|
Studio
|
1 Bath
|
722 ft²
|
$335,000
Studio
1 Bath
722 ft²
|
$300,000
-10.45%
10/17/2014
|
Deborah M Hale
Compass
|
Building Info
About Miramar Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Deborah M Hale, ResortQuest Real Estate Topsl
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 706327
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 706327
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