$1,800,000
●
Condo -
Off Market
4309 Beachside Two Drive #4309
Miramar Beach, FL 32550
3 Beds
3 Baths,
1
Half Bath
$13,188
Est. Monthly
$2,743
HOA / Fees
-0.65%
Cap Rate
About This Property
A panoramic view of the gulf and the bay. One master on the
main floor w/2 additional masters on the second floor., A spiral
staircase takes you to the second floor.. A two story dining room
along with a large kitchen island creates and open living area. The
half bath is on the main floor. The second floor has additional
living room with a coffee bar and refrig. The unit was completely
renovated in 2021. The luxury of the unit is down to the faucets,
door knobs, and tile. Redecorating costs for 2019-$74,480,
2020-164,219, 2021-$36,130. These amounts include furniture.
The large storage areas in the entrance make it easy to put
everything away. This is really a unit to see to appreciate.
Unit Size
-
Days on Market
41 days
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$968
HOA Dues
$2,743
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 #953775)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2025 | Sold | ||
| Sold | |||
| Aug 27, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Relisted | $1,930,000 | |
| Relisted | |||
| Jul 27, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Price Decreased |
$1,930,000
↓ $50K
(2.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Elevator
Air Conditioning
With View
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Kitchen Island, Pantry, Wet Bar, Ceiling Cathedral, Ceiling Vaulted, Lighting Recessed, Owner's Closet, Shelving, Washer/Dryer Hookup
Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer, Wine Refrigerator, Refrigerator W/IceMk, Stove/Oven Electric, Water Heater - Elect
Flooring Type: Floor Hardwood, Floor Tile
Door Features: Storm Door(s)
Rooms: 8
Exterior Details
Has Property Attached
Property Condition: Renovated, Construction Complete
Architectural Style: N/A
Year Built: 1984
Waterfront Features: Unit Waterfront, Gulf
Building Area Total: 2550
Window Features: Storm Windows
Construction Materials: Steel Siding, Stucco
Patio and Porch Features: Patio Covered
Pool Features: Pool Type
Pool is Private
Lot Size Units: Acres
Financial Details
Tax Annual Amount: $11,617
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Water, Cable TV, Trash, Ground Keeping, Internet Service, Management, Master Association
HOA Fee Frequency: Monthly
Condo/Coop Fee: $2,743
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 |
|---|---|---|---|---|---|---|---|
|
07/01/2024
|
3 Bed
|
3 Bath
|
-
|
$1,980,000
3 Bed
3 Bath
|
$1,800,000
-9.09%
09/29/2025
|
Jonathan D Russell
RE/MAX by the Sea
|
Building Info
About Miramar Beach
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Listed by: Sam Kinkaid, RE/MAX by the Sea
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 953775
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 953775
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