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Miramar Beach 32550
659 Indigo Loop
$384,000
● House - Off Market

659 Indigo Loop

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,100 Ft²
$890,278
RealtyHop Estimate
131.84%
Since Feb 1, 2012
National-US
Primary Model

About This Property

This listing being entered for comp purposes. Home in excellent shape, open floor plan.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$183
Property Type
House
Property Taxes
-
HOA Dues
$225
Year Built
2003

Payment Calculator

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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: 2 years ago (ECAR MLS #570312)

Price History

Date / Event Date Event Price
Jan 13, 2012 Sold
Premium
Sold
Oct 29, 2011 Listed by ResortQuest Real Estate Destin $384,000
Listed by ResortQuest Real Estate Destin

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 410
  • Total Building Area: 2,631
  • Gross Building Area: 2,631
  • Building Area: 2,079
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,079
  • 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: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 5 BLK H EMERALD BAY PH 1A S/D PB 9-7 AMENDED PB 9-27 OR 1136-288 OR 2881-2636

Neighborhood

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

Geography

  • Assessors Map Reference: VPVT21
  • Subdivision Phase Number: 1A
  • Parcel: 30-2S-21-42910-00H-0050
  • Block: H
  • Lot: 5
  • Meridian: SEC 30 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3887
  • Longitude: -86.3927

    Address

  • Full Address: 659 Indigo Loop
  • Address - House Number: 659
  • Address - Street Name: Indigo
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 5228
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,429
  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 991,190
  • High Value: 1,253,759
  • Low Value: 728,620

    Market Valuation

  • Market Total Value: $565,411
  • Market Land Value: $146,617
  • Market Improvement Value: $418,794

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $399,838

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 12, 2012
  • Current Sale Recording Date: Jan 13, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1181366
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

$497

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1721 ft²

Average Home Age

26.3 years

Currently For Sale

691 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: Grace V Bell, ResortQuest Real Estate Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 570312
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 659 Indigo Loop built and last sold?
The property at 659 Indigo Loop was built in 2003 and last sold on Jan 12, 2012 for $384,000.
How much is this home worth?
The estimated value of the home located at 659 Indigo Loop is $0.
What are some comparable homes to 659 Indigo Loop?
There are currently no comparable homes to 659 Indigo Loop.
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