$948,900
●
House -
Off Market
527 Indigo Loop
Miramar Beach, FL 32550
3 Beds
2 Baths,
1
Half Bath
$5,438
Est. Monthly
$233
HOA / Fees
1.64%
Cap Rate
About This Property
This beautifully updated home in the gated golf community of
Emerald Bay. Featuring 3 spacious bedrooms, 2.5 baths & a study,
Inside discover soaring 10- and 12-foot ceilings in the formal
dining and living areas, creating an airy and open feel. The fully
remodeled kitchen is a chef's delight offering ample space for both
cooking and entertaining. Enjoy casual mornings in the breakfast
nook with a cozy fireplace. Primary suite is generously sized
and includes dual closets, a private sitting area, and direct
access to a screened lanai. The outdoor space is truly a retreat,
with a large pool, spa, new pool heater, and expansive deck-perfect
for relaxation. Some of the many renovations included: new HVAC,
new Rheem hot water heater and remodeled kitchen. Brand new roof!
Sold totally furnish
Unit Size
-
Days on Market
119 days
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$447
HOA Dues
$233
Year Built
1993
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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: 12 months ago (ECAR #978349)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2025 | Sold | ||
| Sold | |||
| Aug 23, 2025 | In contract | - | |
| In contract | |||
| Jun 9, 2025 | Listed by Keller Williams Realty Destin | $968,900 | |
| Listed by Keller Williams Realty Destin | |||
| Jan 17, 2024 | No longer available | - | |
| No longer available | |||
| Sep 16, 2023 | Listed by Coastal Sands Properties, LLC | $875,000 | |
| Listed by Coastal Sands Properties, LLC | |||
| | |||
|
GORGEOUS Mediterranean style home with 3 bedrooms and a study, 2.5 bath with a large screened in pool in the gated golf community of Emerald Bay. As you enter the house you immediately notice the soaring 12' & 10' ceilings of the formal dining & living room. The kitchen is totally updated & allows plenty of room for great cooking & entertaining. There is a casual breakfast area & den with fireplace for additional gathering space. The master bedroom is oversized allowing for a private sitting area for peace & quiet as well as his & hers closet. You can access the lanai from the master bedroom as well as the living room & kitchen. A beautiful large pool & hot tub with an oversized deck area for lots of seating creates a large outdoor living area. This is a second home and the new owners The manager has listed the unit size as 2837 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Miramar Beach
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Listed by: Laurie Hollowell Team, Keller Williams Realty Destin
Last Updated: 12 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 978349
Last Updated: 12 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 978349
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