$509,964*
●
Condo -
Off Market
548 Sandy Cay Drive #413
Miramar Beach, FL 32550
1 Bed
2 Baths
1,046 Ft²
$315,000 - $385,000
Reference Base Price*
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
Freshly Painted. Amazing views of the gulf and pool from this 4th
floor gem. These units have a very flexible floor plan that
makes them very popular rentals. The large Master bedroom
features a king size bed with plenty of room left to move, and an
attached master bath. There is a bunk space off of the hall
with its own closet and an adjacent full bath. Recent updates
include a new washer and dryer, HVAC, microwave and dishwasher.
Photos virtually painted to match new color. Photos could not be
re-shot due to heavy rental usage.
The manager has listed the unit size as 1046 square feet.
The manager has listed the unit size as 1046 square feet.
Unit Size
1,046 Ft²
Days on Market
-
Land Size
-
Price per sqft
$335
Property Type
Condo
Property Taxes
$2,143
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 26, 2020 | Sold | ||
| Sold | |||
| Jan 13, 2020 | No longer available | - | |
| No longer available | |||
| Aug 11, 2019 | Listed | $350,000 | |
| Listed | |||
Property Highlights
Garage
With View
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 |
|---|---|---|---|---|---|---|---|
|
08/14/2025
|
2 Bed
|
2 Bath
|
-
|
$520,000
2 Bed
2 Bath
|
$490,000
-5.77%
12/12/2025
|
Eric Wilhelm
Pinnacle Realty Advisors
| |
|
02/27/2025
|
2 Bed
|
2 Bath
|
-
|
$499,900
2 Bed
2 Bath
|
$495,000
-0.98%
12/15/2025
|
The Hughes Group
Counts Real Estate Group
| |
|
02/03/2024
|
2 Bed
|
2 Bath
|
1046 ft²
|
$585,000
2 Bed
2 Bath
1046 ft²
|
$580,000
-0.85%
03/04/2024
|
Eric Wilhelm
Pinnacle Realty Advisors
| |
|
10/28/2023
|
1 Bed
|
2 Bath
|
1046 ft²
|
$555,000
1 Bed
2 Bath
1046 ft²
|
-
-
|
Eric C Wilhelm
Crye-Leike Coastal Realty
| |
|
10/27/2023
|
2 Bed
|
2 Bath
|
1046 ft²
|
$529,900
2 Bed
2 Bath
1046 ft²
|
$490,000
-7.53%
02/12/2025
|
Eric Wilhelm
Pinnacle Realty Advisors
| |
|
10/12/2023
|
1 Bed
|
2 Bath
|
1046 ft²
|
$470,000
1 Bed
2 Bath
1046 ft²
|
$455,000
-3.19%
08/09/2024
|
The Hughes Group
Counts Real Estate Group
| |
|
11/23/2022
|
1 Bed
|
2 Bath
|
1046 ft²
|
$534,900
1 Bed
2 Bath
1046 ft²
|
-
-
|
Staggs Group
Vacasa Real Estate - High Pointe
| |
|
10/21/2022
|
1 Bed
|
2 Bath
|
1046 ft²
|
$549,000
1 Bed
2 Bath
1046 ft²
|
-
-
|
James P Duren
Newman Dailey Resort Properties
| |
|
09/23/2022
|
1 Bed
|
2 Bath
|
1046 ft²
|
$530,000
1 Bed
2 Bath
1046 ft²
|
-
-
|
At The Beach Team
Keller Williams Realty Destin
| |
|
06/03/2022
|
1 Bed
|
2 Bath
|
1046 ft²
|
$475,000
1 Bed
2 Bath
1046 ft²
|
$505,000
+6.32%
07/14/2022
|
Dale Stackable
Berkshire Hathaway Home Services PenFed Realty
| |
|
06/03/2021
|
1 Bed
|
2 Bath
|
1046 ft²
|
$449,000
1 Bed
2 Bath
1046 ft²
|
$435,000
-3.12%
01/13/2022
|
James P Duren
Newman Dailey Resort Properties
| |
|
09/09/2020
|
1 Bed
|
2 Bath
|
1046 ft²
|
$350,000
1 Bed
2 Bath
1046 ft²
|
-
-
|
-
| |
|
06/20/2020
|
1 Bed
|
2 Bath
|
1046 ft²
|
$320,000
1 Bed
2 Bath
1046 ft²
|
$310,000
-3.13%
02/04/2021
|
Kevin M Kramer
| |
|
01/05/2020
|
1 Bed
|
2 Bath
|
1046 ft²
|
$332,000
1 Bed
2 Bath
1046 ft²
|
$315,000
-5.12%
07/30/2020
|
Claire E O'Connell
| |
|
01/03/2020
| |
1 Bed
|
2 Bath
|
1046 ft²
|
$332,000
1 Bed
2 Bath
1046 ft²
|
-
-
|
-
|
|
11/25/2019
|
1 Bed
|
2 Bath
|
1046 ft²
|
$335,000
1 Bed
2 Bath
1046 ft²
|
-
-
|
-
| |
|
10/21/2019
|
1 Bed
|
2 Bath
|
1046 ft²
|
$372,000
1 Bed
2 Bath
1046 ft²
|
$360,000
-3.23%
01/02/2020
|
Diane Fiore
Island Home Properties Co
| |
|
08/11/2019
|
1 Bed
|
2 Bath
|
1046 ft²
|
$350,000
1 Bed
2 Bath
1046 ft²
|
$340,000
-2.86%
02/26/2020
|
Bryan Whitehead
| |
|
08/07/2019
|
1 Bed
|
2 Bath
|
1046 ft²
|
$312,500
1 Bed
2 Bath
1046 ft²
|
-
-
|
-
| |
|
07/15/2019
|
1 Bed
|
2 Bath
|
1046 ft²
|
$324,900
1 Bed
2 Bath
1046 ft²
|
-
-
|
-
| |
|
02/28/2019
|
1 Bed
|
2 Bath
|
1046 ft²
|
$335,000
1 Bed
2 Bath
1046 ft²
|
-
-
|
-
| |
|
02/28/2019
|
1 Bed
|
2 Bath
|
1046 ft²
|
$365,000
1 Bed
2 Bath
1046 ft²
|
$365,000
05/15/2019
|
James C Watts
| |
|
08/23/2018
|
1 Bed
|
2 Bath
|
1046 ft²
|
-
1 Bed
2 Bath
1046 ft²
|
-
-
|
-
| |
|
06/07/2018
| |
1 Bed
|
2 Bath
|
1046 ft²
|
-
1 Bed
2 Bath
1046 ft²
|
-
-
|
-
|
|
09/11/2016
|
1 Bed
|
2 Bath
|
1046 ft²
|
$285,000
1 Bed
2 Bath
1046 ft²
|
$275,000
-3.51%
02/28/2017
|
Diane Fiore
Island Home Properties Co
| |
|
08/29/2016
|
1 Bed
|
2 Bath
|
1046 ft²
|
$275,000
1 Bed
2 Bath
1046 ft²
|
$260,000
-5.45%
06/12/2017
|
Joe Taylor III
Ocean Reef Realty Inc
| |
|
06/01/2016
|
1 Bed
|
2 Bath
|
1046 ft²
|
$285,000
1 Bed
2 Bath
1046 ft²
|
$275,000
-3.51%
04/11/2017
|
Renee Clayton
World Impact Real Estate
| |
|
05/13/2016
|
1 Bed
|
2 Bath
|
1046 ft²
|
$280,000
1 Bed
2 Bath
1046 ft²
|
$280,000
06/30/2016
|
JOHN HOLAHAN
Better Homes & Gardens Real Estate Emerald Coast
| |
|
02/23/2016
|
1 Bed
|
2 Bath
|
1046 ft²
|
$275,000
1 Bed
2 Bath
1046 ft²
|
$265,000
-3.64%
03/02/2016
|
Howard Dolgoff
Emerald Coast Properties Inc
| |
|
01/30/2016
|
1 Bed
|
2 Bath
|
1046 ft²
|
$269,000
1 Bed
2 Bath
1046 ft²
|
$261,000
-2.97%
09/02/2016
|
Diane Fiore
Island Home Properties Co
| |
|
09/21/2015
|
1 Bed
|
2 Bath
|
1046 ft²
|
$259,000
1 Bed
2 Bath
1046 ft²
|
$250,000
-3.47%
05/20/2016
|
Diane Fiore
Island Home Properties Co
| |
|
05/11/2015
|
1 Bed
|
2 Bath
|
1046 ft²
|
$252,000
1 Bed
2 Bath
1046 ft²
|
$242,000
-3.97%
10/09/2015
|
Diane Fiore
Island Home Properties Co
| |
|
01/13/2015
|
1 Bed
|
2 Bath
|
1046 ft²
|
$250,000
1 Bed
2 Bath
1046 ft²
|
$242,000
-3.20%
09/11/2015
|
JOHN HOLAHAN
Better Homes & Gardens Real Estate Emerald Coast
| |
|
10/21/2014
|
1 Bed
|
2 Bath
|
1046 ft²
|
$282,900
1 Bed
2 Bath
1046 ft²
|
$270,000
-4.56%
12/22/2014
|
Diane Fiore
Island Home Properties Co
| |
|
08/20/2014
|
1 Bed
|
2 Bath
|
1046 ft²
|
$249,900
1 Bed
2 Bath
1046 ft²
|
$240,000
-3.96%
12/01/2014
|
Fredericka Brown
Realjoy Properties
| |
|
07/12/2013
|
1 Bed
|
2 Bath
|
1046 ft²
|
$269,000
1 Bed
2 Bath
1046 ft²
|
$250,000
-7.06%
08/23/2013
|
Wanda Greer
Destin Beach Realty LLC
| |
|
03/01/2013
|
1 Bed
|
2 Bath
|
1046 ft²
|
$224,500
1 Bed
2 Bath
1046 ft²
|
$218,000
-2.90%
03/29/2013
|
James Sharpe
HCB Advisory Group LLC
| |
|
01/09/2013
|
1 Bed
|
2 Bath
|
1046 ft²
|
$234,500
1 Bed
2 Bath
1046 ft²
|
$218,000
-7.04%
02/14/2013
|
James Sharpe
HCB Advisory Group LLC
| |
|
10/10/2012
|
1 Bed
|
2 Bath
|
1046 ft²
|
$229,000
1 Bed
2 Bath
1046 ft²
|
$221,250
-3.38%
02/28/2013
|
Diane Fiore
Island Home Properties Co
| |
|
08/24/2012
|
1 Bed
|
2 Bath
|
1046 ft²
|
$209,000
1 Bed
2 Bath
1046 ft²
|
$190,895
-8.66%
06/26/2013
|
Colin Kirkwood
Newman Dailey Resort Properties
| |
|
08/14/2012
|
1 Bed
|
2 Bath
|
1046 ft²
|
$218,000
1 Bed
2 Bath
1046 ft²
|
$218,000
12/28/2012
|
Ann Marie James
Silver Real Estate
| |
|
05/18/2012
|
2 Bed
|
3 Bath
|
1762 ft²
|
$399,999
2 Bed
3 Bath
1762 ft²
|
$360,000
-10.00%
09/05/2012
|
Diane Fiore
Island Home Properties Co
| |
|
04/07/2012
|
1 Bed
|
2 Bath
|
1046 ft²
|
$234,900
1 Bed
2 Bath
1046 ft²
|
$210,000
-10.60%
08/30/2012
|
Diane Fiore
Island Home Properties Co
| |
|
07/11/2011
|
1 Bed
|
2 Bath
|
1046 ft²
|
$199,900
1 Bed
2 Bath
1046 ft²
|
$188,750
-5.58%
01/26/2012
|
STEVEN SCHMIDT
ADAMS HOMES REALTY INC
| |
|
06/14/2011
|
1 Bed
|
2 Bath
|
1046 ft²
|
$249,000
1 Bed
2 Bath
1046 ft²
|
$230,000
-7.63%
02/27/2012
|
Diane Fiore
Island Home Properties Co
| |
|
03/06/2011
|
1 Bed
|
2 Bath
|
1046 ft²
|
$212,500
1 Bed
2 Bath
1046 ft²
|
$196,000
-7.76%
04/13/2012
|
Diane Fiore
Island Home Properties Co
|
Building Info
548 Sandy Cay Drive
548 Sandy Cay Drive, Miramar Beach, FL 32550
- 3 Units for Sale
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017