When was property at 59 Marigot Bay Circle built and last sold?

The property at 59 Marigot Bay Circle was built in 2004 and last sold on May 17, 2018 for $20,000.

How much is this home worth?

The estimated value of the home located at 59 Marigot Bay Circle is $771,321.

What are some comparable homes to 59 Marigot Bay Circle?

There are currently no comparable homes to 59 Marigot Bay Circle.

Miramar Beach

32550

59 MARIGOT BAY Circle

Sold on Sep 11, 2026

Map

$732,500

● House - Off Market

59 MARIGOT BAY Circle

Miramar Beach, FL 32550

4 Beds

2 Baths

1,820 Ft²

$3,634

Est. Monthly

1.54%

Cap Rate

About This Property

Located in the extremely popular Paradise Retreat subdivision, this completely remodeled REO home is one to see! Paradise Retreat Subdivision is directly across from the Gulf of Mexico Beaches. Many of the homes in this area serve the AirBnB and VRBO community and offer amazing owner occupied opportunities. Home has a new dimensional shingled roof, New HVAC, flooring, fresh paint, craftsman trim, new appliances, sprinklers, sold and so much more. Live the Beach Life! Perfect for year-round living or a lucrative vacation rental, this property offers the ultimate coastal lifestyle. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. Call today!

Unit Size

1,820 Ft²

Days on Market

326 days

Land Size

0.13 acres

Price per sqft

$407

Property Type

House

Property Taxes

HOA Dues

Year Built

2004

Payment Calculator

Cap Rate Calculator

Last updated: 25 days ago (ECAR #963442)

Price History

Date / Event	Date	Event
Sep 11, 2026	Sold	Premium
Sold
Aug 15, 2026	In contract	-
In contract
Jul 24, 2026	Price Decreased	$739,900 ↓ $15K (2%)
Price Decreased
Mar 26, 2026	Price Decreased	$754,900 ↓ $25K (3.2%)
Price Decreased
Jan 13, 2026	Price Decreased	$779,900 ↓ $20K (2.5%)
Price Decreased
Oct 22, 2025	Price Increased	$799,950 ↑ $50 (0%)
Price Increased
Jun 5, 2025	Price Decreased	$799,900 ↓ $20K (2.4%)
Price Decreased
Apr 24, 2025	Price Decreased	$819,900 ↓ $15K (1.8%)
Price Decreased
Mar 15, 2025	Price Decreased	$834,900 ↓ $20K (2.3%)
Price Decreased
Feb 7, 2025	Price Decreased	$854,900 ↓ $17K (1.9%)
Price Decreased
Jan 20, 2025	Price Decreased	$871,500 ↓ $14K (1.5%)
Price Decreased
Dec 19, 2024	Price Decreased	$885,000 ↓ $15K (1.7%)
Price Decreased
Nov 18, 2024	Listed by Assurance Realty of NWFL LLC	$899,900
Listed by Assurance Realty of NWFL LLC
May 17, 2018	Sold	Premium
Sold
Dec 6, 2011	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 2004

Effective Year Built: 2004
Building Count: 1
Bedroom Count: 4
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 7
Building Condition: 0
Building Quality: 9
Construction Type: 0
Building Style: 0
Exterior Walls Type: 2
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 441
Parking Space Count: 0
Patio Type: 59
Porch Type: 126
Pool Type: 0

Dimensions

Lot Size Square Feet: 6,589

Lot Size Depth Feet: 1,150
Lot Size Frontage Feet: 700
Total Building Area: 2,339
Gross Building Area: 2,339
Building Area: 1,898
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 1,898
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: PARADISE RETREAT
Land Acres: 0000000151
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: LOT 15 BLK D PARADISE RETREAT PB 15-72 OR 2643-3289 OR 2726- 4142 OR 2878-4522 OR 3073-4343

Neighborhood

School District Name: Walton County School District

Census Tract: 950608

Geography

Assessors Map Reference: S2-30-21

Parcel: 30-2S-21-42790-00D-0150
Block: D
Lot: 15
Meridian: SEC 30 TWN 02S RNG 021
Municipality: SOUTH WALTON FIRE
Latitude: 30.382
Longitude: -86.3939

Address

Full Address: 59 Marigot Bay Cir

Address - House Number: 59
Address - Street Name: Marigot Bay
Address - Suffix Type: Cir
State: FL
City Name: Miramar Beach
Carrier Code: C005
4-Digit Zip Code: 8263
Zip Code: 32550

Valuation

Tax

Total Area: 2,193

Tax Year: 2022
Tax Amount: $448,129
Tax Rate Code Area: 007

Appraisal Valuation

Standard Deviation: 0.2659

Valuation Date: Jan 10, 2024
Confidence Score: 62
Final Value: 845,017
High Value: 1,069,733
Low Value: 620,301

Market Valuation

Market Total Value: $624,381

Market Land Value: $45,898
Market Improvement Value: $578,483

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $624,381
Assessed Land Value: $45,898
Assessed Improvements Value: $578,483

Sales

Current Sale Contract Date: May 17, 2018

Current Sale Recording Date: May 17, 2018
Current Sale Price:

Premium
Current Sale Document Type: 68
Current Sale Input Document Number: 2018000016221
Previous Sale Recording Date: Dec 06, 2011
Previous Sale Contract Date: Dec 06, 2011
Previous Sale Amount: $11,600
Previous Sale Document Type: 69

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Miramar Beach

Stats & Trends

Median Asking:

$729,900

Sale Price/ft²

$497

Below Asking

0.03%

Average Days on Market

Average Home Size

1708 ft²

Average Home Age

26.6 years

Currently For Sale

994 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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Listed by: Cosmo M Spellings, Assurance Realty of NWFL LLC
Last Updated: 25 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 963442

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.