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Miramar Beach 32550
5081 Beachwalk Way
$300,000
● House - Off Market

5081 Beachwalk Way

Miramar Beach, FL 32550
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,300 Ft²
$561,874
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

The entire unit has been UPGRADED to reflect the perfect beach home. The upgrades include granite countertops, wood floors, New cabinets, fresh paint and trim and completely furnished for your second home or rental property. The home is lakefront with a short stroll to the pool and beach. Home to be sold fully furnished. THIS PROPERTY HAS ''NOT'' BEEN ON A RENTAL PROGRAM. CAN SHOW MOST ANYTIME !
Unit Size
1,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$253
Property Type
House
Property Taxes
$130
HOA Dues
-
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 MLS #745215)

Price History

Date / Event Date Event Price
May 24, 2016 Sold
Premium
Sold
Jan 26, 2016 Listed by Paradise Property Brokers Inc $329,000
Listed by Paradise Property Brokers Inc
Feb 23, 2009 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 35
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,163
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEACHWALK VILLAS
  • Land Acres: 0000000027
  • Standard Land Use Code: 1002
  • County Land Use Code: 0166
  • State Land Use Code: 01
  • Legal Description 1: LOT 5081 BEACHWALK VILLAS PHASE III & INT IN COMMON ELEMENTS AS RECD IN OR 269-701 ALSO 12.89FT BY 4.82FT OF LOT 5082 AS DESC IN OR 772-39 OR 772-40 PB 6-5 OR 1092-126 OR 2441-436 OR 2498-1141 OR 2618-2804 OR 2811-692 OR 3010-2561 OR 3051-2652

Neighborhood

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

Zoning

  • Zoning: SD

Geography

  • Assessors Map Reference: S2-34-21
  • Subdivision Phase Number: 3
  • Parcel: 34-2S-21-42320-000-5081
  • Block: 50
  • Lot: 5081
  • Meridian: SEC 34 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3758
  • Longitude: -86.3303

    Address

  • Full Address: 5081 Beachwalk Way
  • Address - House Number: 5081
  • Address - Street Name: Beachwalk
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 4219
  • Zip Code: 32550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $326,185
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 640,035
  • High Value: 783,827
  • Low Value: 496,243

    Market Valuation

  • Market Total Value: $409,500
  • Market Improvement Value: $409,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $409,500
  • Assessed Improvements Value: $409,500

    Sales

  • Current Sale Contract Date: May 20, 2016
  • Current Sale Recording Date: May 24, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016000016200
  • Previous Sale Recording Date: Feb 23, 2009
  • Previous Sale Contract Date: Feb 23, 2009
  • Previous Sale Amount: $300,000
  • 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:

$732,450

Sale Price/ft²

$498

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1712 ft²

Average Home Age

26.6 years

Currently For Sale

988 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

Rentals Near You

Click here to view more rentals in the neighborhood.
ECAR

Listed by: Clifford W Milam, Paradise Property Brokers Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 745215
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 5081 Beachwalk Way built and last sold?
The property at 5081 Beachwalk Way was built in and last sold on May 20, 2016 for $300,000.
How much is this home worth?
The estimated value of the home located at 5081 Beachwalk Way is $0.
What are some comparable homes to 5081 Beachwalk Way?
There are currently no comparable homes to 5081 Beachwalk Way.
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