$775,000
●
House -
Off Market
48 Milestone Drive #UNITC
Inlet Beach, FL 32461
2 Beds
2 Baths
1,182 Ft²
$5,976
Est. Monthly
$1,624
HOA / Fees
-1.10%
Cap Rate
About This Property
!!Unit being sold fully furnished with golf cart!!
Seller is offering $4,000.00 to buyer toward closing costs.
This 2 bed 2 bath unit in Prominence is the perfect beach getaway. Produce rental income while your not enjoying this home yourself.
We love all of the conveniences nearby from the Big Chill right across the street where you can enjoy outdoor and indoor dining, nightly entertainment and events to yoga on the lawn. You will also enjoy easy access to the beautiful resort pool and the 2 nearby beach access where parking for golf carts is available!
The home itself feels spacious and comfortable, with a full sized kitchen completely stocked for your family meals to nicely appointed bedrooms and baths, along with private balcony access overlooking the community.
Seller is offering $4,000.00 to buyer toward closing costs.
This 2 bed 2 bath unit in Prominence is the perfect beach getaway. Produce rental income while your not enjoying this home yourself.
We love all of the conveniences nearby from the Big Chill right across the street where you can enjoy outdoor and indoor dining, nightly entertainment and events to yoga on the lawn. You will also enjoy easy access to the beautiful resort pool and the 2 nearby beach access where parking for golf carts is available!
The home itself feels spacious and comfortable, with a full sized kitchen completely stocked for your family meals to nicely appointed bedrooms and baths, along with private balcony access overlooking the community.
Unit Size
1,182 Ft²
Days on Market
-
Land Size
-
Price per sqft
$664
Property Type
House
Property Taxes
$496
HOA Dues
$1,624
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 #952808)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | Listed by Compass | $785,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Parking Features: Garage
Garage Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Floor Hardwood, Floor Tile, Furnished - All, Lighting Recessed, Owner's Closet, Pantry, Plantation Shutters, Split Bedroom, Washer/Dryer Hookup, Window Treatment All
Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer
Rooms: 5
Exterior Details
Road Frontage Type: Private Road
Property Condition: Construction Complete
Year Built: 2015
Construction Materials: Siding CmntFbrHrdBrd
Pool Features: Pool Type
Covenants, Within 1/2 Mile to Water
Financial Details
Tax Year: 2023
Tax Annual Amount: $5,954
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Utilities: Community Water, Gas - Natural, Public Sewer, Public Water
Location Details
Association Fee Includes: Accounting, Ground Keeping, Insurance, Land Recreation, Legal, Management, Master Association, Recreational Faclty, Repairs/Maintenance, Security, Trash
Association Fee Frequency: Quarterly
Association Fee2: $1,624
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 |
|---|---|---|---|---|---|---|---|
|
06/19/2024
|
2 Bed
|
2 Bath
|
1182 ft²
|
$785,000
2 Bed
2 Bath
1182 ft²
|
$775,000
-1.27%
12/12/2024
|
Shawna Jacoby
Compass
| |
|
03/17/2022
|
2 Bed
|
2 Bath
|
1182 ft²
|
$910,000
2 Bed
2 Bath
1182 ft²
|
-
-
|
Lynne Andrews
Christies International Real Estate Emerald Coast
|
Building Info
48 Milestone Drive
48 Milestone Drive, Rosemary Beach, FL 32461
- 1 Unit for Sale
About Walton
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Listed by: John C Jacoby, Compass
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 952808
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 952808
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