$530,000
●
Condo -
Off Market
4721 Westwinds Drive #UNIT4721
Miramar Beach, FL 32550
2 Beds
3 Baths,
1
Half Bath
1,145 Ft²
$975,838
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model
About This Property
Westwinds is the premier beachfront property in the Sandestin
Golf&Beach Resort. This elegant 2BR, 2.5BA is
the most fabulous beachfront 2 BR on the market today. It has been completely renovated and decorated by the world famous
''Lovelace Interiors''. A quintessential model of a ''Coastal'' Lifestyle. You feel the essence of the beach as you enter the front door, even before you see the aqua waters of the Gulf. Cool, blue walls & natural fabrics with nature accents surround you. Over $6000 in original artwork adorn the walls and give a feeling of serenity to your escape. You will have a new A/C , hot water heater,full size washer & dryer, beautiful travertine flooring in the living areas , new bedroom carpet,granite counter tops through out and $50,000 in rental income.
the most fabulous beachfront 2 BR on the market today. It has been completely renovated and decorated by the world famous
''Lovelace Interiors''. A quintessential model of a ''Coastal'' Lifestyle. You feel the essence of the beach as you enter the front door, even before you see the aqua waters of the Gulf. Cool, blue walls & natural fabrics with nature accents surround you. Over $6000 in original artwork adorn the walls and give a feeling of serenity to your escape. You will have a new A/C , hot water heater,full size washer & dryer, beautiful travertine flooring in the living areas , new bedroom carpet,granite counter tops through out and $50,000 in rental income.
Unit Size
1,145 Ft²
Days on Market
-
Land Size
-
Price per sqft
$480
Property Type
Condo
Property Taxes
-
HOA Dues
$845
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 #705032)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 27, 2015 | Sold | ||
| Sold | |||
| May 5, 2014 | Listed by Platinum Realty LLC | $549,500 | |
| Listed by Platinum Realty LLC | |||
Property Highlights
Air Conditioning
Parking Available
Elevator
Parking Details
Parking Features: Covered
Garage Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Half Bathrooms: 1
Interior Features: Breakfast Bar, Floor Marble, Furnished - All, Owner's Closet, Washer/Dryer Hookup, Window Treatment All
Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
Rooms: 6
Exterior Details
Property Condition: Construction Complete
Year Built: 1998
Construction Materials: Concrete, Roof Metal
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump Air To Air
Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
Location Details
Association Fee Includes: Accounting, Ground Keeping, Insurance, Legal, Licenses/Permits, Management, Master Association, Security, Sewer, Water, Cable TV, Trash
Association Fee Frequency: Monthly
Association Fee2: $845
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 |
|---|---|---|---|---|---|---|---|
|
05/26/2021
|
2 Bed
|
3 Bath
|
1145 ft²
|
$789,000
2 Bed
3 Bath
1145 ft²
|
-
-
|
-
| |
|
05/05/2014
|
2 Bed
|
3 Bath
|
1145 ft²
|
$549,500
2 Bed
3 Bath
1145 ft²
|
$530,000
-3.55%
07/27/2015
|
Ginger Lundstrom
Platinum Realty LLC
|
Building Info
About Miramar Beach
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Listed by: Ginger J Lundstrom, Platinum Realty LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 705032
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 705032
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