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Miramar Beach 32550
LOT 6 Mirage Way
$345,000
● House - Off Market

LOT 6 Mirage Way

Miramar Beach, FL 32550
bedrooms
4 Beds
bathrooms
4 Baths
square feet
1,990 Ft²
$699,821
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model

About This Property

Introducing Leisure Bay! Affordable, brand new single family homes featuring four bedrooms and four baths, nicely appointed with nine foot ceilings, crown molding, tile floors, carpeted bedrooms, stainless appliances, granite counters, a large one car garage and more! This quaint neighborhood has just 10 lots and is just a short stroll or golf cart ride (three blocks) to public beach access! Great primary residence, second home or vacation rental with excellent income potential. Construction on the community pool is complete! As always, all dimensions should be verified by buyer.
Unit Size
1,990 Ft²
Days on Market
-
Land Size
-
Price per sqft
$180
Property Type
House
Property Taxes
-
HOA Dues
$200
Year Built
2014

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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 #598150)

Price History

Date / Event Date Event Price
May 2, 2014 Sold
Premium
Sold
Dec 13, 2013 Sold
Premium
Sold
May 31, 2013 Listed by Coldwell Banker Realty $349,000
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 292
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,136
  • Lot Size Depth Feet: 630
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,046
  • Gross Building Area: 2,046
  • Building Area: 1,754
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,754
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEISURE BAY
  • Land Acres: 0000000072
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 7 LEISURE BAY S/D PB 18-63 OR 2904-1449 OR 2948-4934

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950608

Geography

  • Assessors Map Reference: S2-30-21
  • Parcel: 30-2S-21-42360-000-0070
  • Lot: 7
  • Meridian: SEC 30 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3834
  • Longitude: -86.3848

    Address

  • Full Address: 6 Mirage Way
  • Address - House Number: 6
  • Address - Street Name: Mirage
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 2814
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 1,954
  • Tax Year: 2022
  • Tax Amount: $388,041
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2578
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 798,741
  • High Value: 1,004,676
  • Low Value: 592,807

    Market Valuation

  • Market Total Value: $473,235
  • Market Land Value: $108,447
  • Market Improvement Value: $364,788

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $473,235
  • Assessed Land Value: $108,447
  • Assessed Improvements Value: $364,788

    Sales

  • Current Sale Contract Date: Apr 30, 2014
  • Current Sale Recording Date: May 02, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014661279477
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

$499

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1708 ft²

Average Home Age

26.6 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: John A Cook, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 598150
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 6 Mirage Way North built and last sold?
The property at 6 Mirage Way North was built in 2014 and last sold on Apr 30, 2014 for $340,000.
How much is this home worth?
The estimated value of the home located at 6 Mirage Way North is $0.
What are some comparable homes to 6 Mirage Way North?
There are currently no comparable homes to 6 Mirage Way North.
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