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Miramar Beach 32550
65 Cobalt Lane
$650,000
● House - Off Market

65 Cobalt Lane

Miramar Beach, FL 32550
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,234 Ft²
$1,145,589
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Brand new ''Lake Front'' custom built home built by the prestigious builder, Waghi Gargas in Emerald Bay. Drive up to your New home on the intricately patterned paver driveway and discover once inside all High End finishes with two separate living areas down and upstairs, and a Gorgeous Master Bedroom Suite located adjacent to the enclosed pool and lanai. The kitchen is AWESOME, & the very latest sound, lighting, and security systems' are provided for your entertainment purposes and peace of mind. Why not live in a Wow home in such a wonderful setting? Make your appointment to see it today
Unit Size
3,234 Ft²
Days on Market
-
Land Size
-
Price per sqft
$206
Property Type
House
Property Taxes
$56
HOA Dues
$195
Year Built
2015

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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 #742809)

Price History

Date / Event Date Event Price
Feb 24, 2021 Sold
Premium
Sold
Apr 25, 2019 Sold
Premium
Sold
Mar 2, 2019 No longer available -
No longer available
Sep 20, 2018 Listed by Keller Williams Realty Destin $725,000
Listed by Keller Williams Realty Destin
Apr 4, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 495
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,134
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 610
  • Total Building Area: 4,106
  • Gross Building Area: 4,106
  • Building Area: 3,611
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,611
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD BAY PH 1A
  • Land Acres: 0000000141
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 4 BLK M EMERALD BAY PH 1A PB 9-7 OR 2508-1559 OR 3007-1985 OR 3103-2259 OR 3184-2772

Neighborhood

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

Geography

  • Assessors Map Reference: S2-30-21
  • Subdivision Phase Number: 1A
  • Parcel: 30-2S-21-42910-00M-0040
  • Block: M
  • Lot: 4
  • Meridian: SEC 30 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3899
  • Longitude: -86.3921

    Address

  • Full Address: 65 Cobalt Ln
  • Address - House Number: 65
  • Address - Street Name: Cobalt
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 5262
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 3,995
  • Tax Year: 2022
  • Tax Amount: $808,540
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2659
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 1,480,472
  • High Value: 1,874,175
  • Low Value: 1,086,768

    Market Valuation

  • Market Total Value: $910,627
  • Market Land Value: $139,286
  • Market Improvement Value: $771,341

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $910,627
  • Assessed Land Value: $139,286
  • Assessed Improvements Value: $771,341

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 23, 2021
  • Current Sale Recording Date: Feb 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210008712
  • Previous Sale Recording Date: Apr 25, 2019
  • Previous Sale Contract Date: Apr 24, 2019
  • Previous Sale Amount: $695,000
  • 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:

$740,000

Sale Price/ft²

$500

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1704 ft²

Average Home Age

26.5 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

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ECAR

Listed by: Laurie Hollowell Team, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 742809
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 65 Cobalt Lane built and last sold?
The property at 65 Cobalt Lane was built in 2015 and last sold on Feb 23, 2021 for $798,900.
How much is this home worth?
The estimated value of the home located at 65 Cobalt Lane is $0.
What are some comparable homes to 65 Cobalt Lane?
There are currently no comparable homes to 65 Cobalt Lane.
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