$605,000
●
Condo -
Off Market
4267 Beachside Two Drive #267
Miramar Beach, FL 32550
1 Bed
1 Bath
$4,628
Est. Monthly
$1,123
HOA / Fees
0.27%
Cap Rate
About This Property
This Renovated, Furnished and Rental Ready 1-Bedroom/1-Bathroom
with Sofa Sleeper Beachfront Condo is located in Sandestin Beach
Resort overlooking the stunning Emerald Waters of the Gulf of
Mexico. Primary Bedroom has access to the Balcony and has
Gulf/Beach Views. The Open-Concept Coastal Design features sleek
Finishes and contemporary Furnishings, offering a Serene Retreat
just steps from the sugar-white beach sands. As an added bonus, the
Resort Pool is currently being reimagined and renovated into an
incredible Oasis, promising an unmatched relaxation experience
(anticipated completion date: October 2025). Perfect as a personal
getaway or a high-demand Vacation Rental, this Condo is your
opportunity to own a piece of paradise along the Emerald Coast.
Unit Size
-
Days on Market
45 days
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$436
HOA Dues
$1,123
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: 9 months ago (ECAR #966032)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Nov 16, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Jan 9, 2025 | Listed by The Premier Property Group | $650,000 | |
| Listed by The Premier Property Group | |||
Property Highlights
Elevator
Air Conditioning
Interior Details
Full Bathrooms: 1
Interior Features: Breakfast Bar, Pantry, Owner's Closet, Washer/Dryer Hookup
Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer, Refrigerator W/IceMk, Stove/Oven Electric, Water Heater - Elect
Flooring Type: Floor Tile
Door Features: Storm Door(s)
Rooms: 3
Exterior Details
Has Property Attached
Security Features: Fire Alarm/Sprinkler
Property Condition: Renovated, Construction Complete
Architectural Style: N/A
Year Built: 1984
Waterfront Features: Gulf, Shore - Beach
Building Area Total: 1043
Window Features: Window Treatment All, Storm Windows
Construction Materials: Concrete
Pool Features: Pool Type
Pool is Private
Lot Size Units: Acres
Financial Details
Tax Annual Amount: $5,227
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Security, Sewer, Water, Cable TV, Trash, Ground Keeping, Internet Service, Land Recreation, Management, Master Association, Recreational Faclty, Repairs/Maintenance
HOA Fee Frequency: Monthly
Condo/Coop Fee: $1,123
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 |
|---|---|---|---|---|---|---|---|
|
01/09/2025
|
1 Bed
|
1 Bath
|
-
|
$650,000
1 Bed
1 Bath
|
$605,000
-6.92%
12/18/2025
|
Tony Manthey
The Premier Property Group
|
Building Info
About Miramar Beach
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Listed by: Christy R Leipprandt, The Premier Property Group
Last Updated: 9 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 966032
Last Updated: 9 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 966032
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