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Miramar Beach 32550
443 Baytree Drive
$188,000
● House - Off Market

443 Baytree Drive

Miramar Beach, FL 32550
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,453 Ft²
$398,992
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model

About This Property

Maintenance free living at its best, this home has been well maintained and is ready for you. Brick and Vinyl siding beautiful landscaping with minimal grass to maintain. Large screened in porch and 2 car garage adjacent to the Bayside neighborhood with a community pool, green space, tennis courts and Bay Front fishing pier.
Unit Size
1,453 Ft²
Days on Market
-
Land Size
-
Price per sqft
$127
Property Type
House
Property Taxes
-
HOA Dues
$60
Year Built
2000

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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 #582004)

Price History

Date / Event Date Event Price
Oct 2, 2012 Sold
Premium
Sold
Aug 7, 2012 Listed by RE/MAX Southern Realty $184,900
Listed by RE/MAX Southern Realty
Jul 2, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,760
  • Total Building Area: 2,124
  • Gross Building Area: 2,124
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAYSIDE PHASE 11
  • Land Acres: 0000000109
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 25 TREETOPS AT BAYSIDE PHASE 11 PB 12-9 OR 2256-147 OR 2515-584 OR 2655-4418 OR 2901-2364

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950609

Geography

  • Assessors Map Reference: S2-28-21
  • Subdivision Phase Number: 11
  • Parcel: 28-2S-21-42406-000-0250
  • Block: 2
  • Lot: 25
  • Meridian: SEC 28 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3828
  • Longitude: -86.3484

    Address

  • Full Address: 443 Bay Tree Dr
  • Address - House Number: 443
  • Address - Street Name: Bay Tree
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C027
  • 4-Digit Zip Code: 7867
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 1,821
  • Tax Year: 2022
  • Tax Amount: $137,515
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2713
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 634,814
  • High Value: 807,092
  • Low Value: 462,536

    Market Valuation

  • Market Total Value: $385,932
  • Market Land Value: $59,646
  • Market Improvement Value: $326,286

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $186,557

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 28, 2012
  • Current Sale Recording Date: Oct 02, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1211077
  • Previous Sale Recording Date: Jul 02, 2003
  • Previous Sale Contract Date: Jun 27, 2003
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Miramar Beach

Stats & Trends

Median Asking:

$719,450

Sale Price/ft²

$493

Below Asking

0.03%

Average Days on Market

110

Average Home Size

1721 ft²

Average Home Age

26.3 years

Currently For Sale

691 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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ECAR

Listed by: Brad T Shoults, RE/MAX Southern Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 582004
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 443 Bay Tree Drive built and last sold?
The property at 443 Bay Tree Drive was built in 2000 and last sold on Sep 28, 2012 for $188,000.
How much is this home worth?
The estimated value of the home located at 443 Bay Tree Drive is $0.
What are some comparable homes to 443 Bay Tree Drive?
There are currently no comparable homes to 443 Bay Tree Drive.
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