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Miramar Beach 32550
62 Ciboney Street
Photo of 62 Ciboney Street
Sold on Mar 31, 2023

1

Map

$1,200,000
● House - Off Market

62 Ciboney Street

Miramar Beach, FL 32550
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,396 Ft²
$1,236,580
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

entered for comp purposes only
Unit Size
2,396 Ft²
Days on Market
-
Land Size
-
Price per sqft
$501
Property Type
House
Property Taxes
$557
HOA Dues
$200
Year Built
2019

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 22 days ago ( #739523)

Price History

Date / Event Date Event Price
Apr 3, 2023 Sold
Premium
Sold
Apr 2, 2023 No longer available -
No longer available
Mar 7, 2023 In contract -
In contract
Mar 1, 2023 Listed by Team 10 Real Estate LLC $1,200,000
Listed by Team 10 Real Estate LLC
Jan 11, 2023 Price Decreased $1,349,000
↓ $50K (3.6%)
Price Decreased
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 17
  • 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: 3
  • Floor Count: 300
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 244
  • Parking Space Count: 0
  • Patio Type: 70
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,093
  • Lot Size Depth Feet: 620
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,640
  • Gross Building Area: 2,640
  • Building Area: 2,396
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,396
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIDDEN PALMS
  • Land Acres: 0000000071
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 4 BLK B HIDDEN PALMS PB 20-22 OR 3077-4514 OR 3131-4328

Neighborhood

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

Geography

  • Parcel: 30-2S-21-42631-00B-0040
  • Block: B
  • Lot: 4
  • Meridian: SEC 30 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3819
  • Longitude: -86.382

    Address

  • Full Address: 62 Ciboney St
  • Address - House Number: 62
  • Address - Street Name: Ciboney
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 5302
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,564
  • Tax Year: 2022
  • Tax Amount: $668,796
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.0888
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 92
  • Final Value: 1,262,775
  • High Value: 1,374,911
  • Low Value: 1,150,639

    Market Valuation

  • Market Total Value: $906,000
  • Market Land Value: $122,500
  • Market Improvement Value: $783,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $906,000
  • Assessed Land Value: $122,500
  • Assessed Improvements Value: $783,500

    Sales

  • Current Sale Contract Date: Mar 27, 2023
  • Current Sale Recording Date: Apr 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11341
  • Previous Sale Recording Date: Feb 03, 2020
  • Previous Sale Contract Date: Jan 23, 2020
  • Previous Sale Amount: $591,500
  • 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:

$719,950

Sale Price/ft²

$486

Below Asking

0.03%

Average Days on Market

113

Average Home Size

1762 ft²

Average Home Age

26 years

Currently For Sale

664 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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Frequently Asked Questions

When was property at 62 Ciboney Street built and last sold?
The property at 62 Ciboney Street was built in 2019 and last sold on Mar 27, 2023 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 62 Ciboney Street is $1,216,268.
What are some comparable homes to 62 Ciboney Street?
There are currently no comparable homes to 62 Ciboney Street.
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