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Miramar Beach 32550
5202 Beachwalk Drive
$700,000
● House - Off Market

5202 Beachwalk Drive

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,850 Ft²
$819,031
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

A short distance from the beach and neighborhood pool, this townhome has 2 downstairs bedrooms and bathrooms as well as a master suite and loft upstairs. Take in beautiful views of the lake from the spacious open deck. Plenty of space for friends and family to relax and enjoy. Beachwalk is a well managed neighborhood featuring wireless wifi and reserves collected from monthly dues to cover painting of exterior of buildings, roof and fences as necessary.They have also budgeted for improvements to landscaping and recently underwent a complete update to the pool area, at no additional cost to owners.
Unit Size
1,850 Ft²
Days on Market
-
Land Size
-
Price per sqft
$378
Property Type
House
Property Taxes
-
HOA Dues
$300
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 #874504)

Price History

Date / Event Date Event Price
Jun 10, 2021 Sold
Premium
Sold
May 5, 2021 Listed by Paradise Property Brokers Inc $700,000
Listed by Paradise Property Brokers Inc
Dec 1, 2020 Sold
Premium
Sold
Apr 27, 2018 Sold
Premium
Sold

Property Highlights

Air Conditioning

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
  • 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: 2,265
  • 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 XII
  • Land Acres: 0000000052
  • Standard Land Use Code: 1002
  • County Land Use Code: 0166
  • Legal Description 1: LOT 5202 BEACHWALK VILLAS PHASE XII PB 8-41 & INTEREST IN COMMON ELEMENTS OR 1815-310 OR 3072-672 OR 3171-2182 OR 3202-670

Neighborhood

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

Geography

  • Subdivision Phase Number: XII
  • Parcel: 34-2S-21-42392-000-5202
  • Block: 52
  • Lot: 5202
  • Meridian: SEC 34 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.374
  • Longitude: -86.334

    Address

  • Full Address: 5202 Beachwalk Dr
  • Address - House Number: 5202
  • Address - Street Name: Beachwalk
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 4240
  • Zip Code: 32550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $387,042
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2235
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 774,574
  • High Value: 947,723
  • Low Value: 601,424

    Market Valuation

  • Market Total Value: $417,638
  • Market Improvement Value: $417,638

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $417,638
  • Assessed Improvements Value: $417,638

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jun 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210029368
  • Previous Sale Recording Date: Dec 01, 2020
  • Previous Sale Contract Date: Nov 30, 2020
  • Previous Sale Amount: $450,000
  • 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:

$740,000

Sale Price/ft²

$500

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1704 ft²

Average Home Age

26.5 years

Currently For Sale

983 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

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ECAR

Listed by: Clifford W Milam, Paradise Property Brokers Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 874504
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 5202 Beachwalk Drive built and last sold?
The property at 5202 Beachwalk Drive was built in and last sold on Jun 7, 2021 for $700,000.
How much is this home worth?
The estimated value of the home located at 5202 Beachwalk Drive is $0.
What are some comparable homes to 5202 Beachwalk Drive?
There are currently no comparable homes to 5202 Beachwalk Drive.
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