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Miramar Beach 32550
5186 Beachwalk Drive
$320,000
● House - Off Market

5186 Beachwalk Drive

Miramar Beach, FL 32550
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,400 Ft²
$617,758
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Beautiful renovated Beachwalk Villa within walking distance of the beach. Totally renovated and tastefully decorated 2 bedroom, 2 1/2 bath villa with expansive, stunning views of Horseshoe Lake and the morning sunrises! Enter the new courtyard with special exterior tile floor, bistro table for two and wicker bench. Morning coffee is amazing in this small oasis. Outdoor storage closet has been totally waterproofed and renovated. Granite countertops and kitchen bar, refinished wood cabinets with lots of storage and full-length glass window looking out to courtyard. Deep crown molding, smooth ceilings, new light fixtures, wet bar in LR with wine rack, new ceiling fans, just to name a few new touches. Must view to truly appreciate this amazing villa! Ready for immediate occupancy!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$246
Property Type
House
Property Taxes
-
HOA Dues
$369
Year Built
1989

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #723748)

Price History

Date / Event Date Event Price
May 26, 2015 Sold
Premium
Sold
Feb 23, 2015 Listed by Real Estate International Inc $344,900
Listed by Real Estate International Inc
Nov 18, 2008 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • 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: 1,258
  • 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 PHASE IX
  • Land Acres: 0000000029
  • Standard Land Use Code: 1002
  • County Land Use Code: 0166
  • State Land Use Code: 01
  • Legal Description 1: LOT 5186 BEACHWALK VILLAS PHASE IX PB 8-23 & INT IN COMMON ELEMENTS AS RECD IN OR 640-336 OR 2636-4683 OR 2788-4293 OR 2980-442

Neighborhood

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

Zoning

  • Zoning: SD

Geography

  • Assessors Map Reference: S2-34-21
  • Subdivision Phase Number: 9
  • Parcel: 34-2S-21-42380-000-5186
  • Block: 51
  • Lot: 5186
  • Meridian: SEC 34 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3755
  • Longitude: -86.3342

    Address

  • Full Address: 5186 Beachwalk Dr
  • Address - House Number: 5186
  • Address - Street Name: Beachwalk
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 4239
  • Zip Code: 32550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $318,289
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 671,744
  • High Value: 822,660
  • Low Value: 520,828

    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 21, 2015
  • Current Sale Recording Date: May 26, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015661323898
  • Previous Sale Recording Date: Nov 18, 2008
  • Previous Sale Contract Date: Nov 17, 2008
  • Previous Sale Amount: $334,000
  • 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:

$735,000

Sale Price/ft²

$498

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1710 ft²

Average Home Age

26.6 years

Currently For Sale

985 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: Jeanette L Miller, Real Estate International Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 723748
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 5186 Beachwalk Drive built and last sold?
The property at 5186 Beachwalk Drive was built in 1989 and last sold on May 21, 2015 for $320,000.
How much is this home worth?
The estimated value of the home located at 5186 Beachwalk Drive is $0.
What are some comparable homes to 5186 Beachwalk Drive?
There are currently no comparable homes to 5186 Beachwalk Drive.
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