See Home Value
Miramar Beach 32550
70 Leeward Drive
$790,000
● House - Off Market

70 Leeward Drive

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,705 Ft²
$4,769
Est. Monthly
$860
HOA / Fees
1.64%
Cap Rate

About This Property

$97,000 in 2023 rental income, and this home is on track to repeat that in 2024!

Property offered as-is. Video walkthrough available upon request. New roof in 2021, water heater 2022, HVAC 2017

Boasting an impressive rental history of over $200,000 of gross income across the last two years, ($110,000 in 2022 & $97,000 in 2023) 70 Leeward Drive is an ideal home for both rental purposes and for personal use. This 3b/2ba home is located a short walk or golf cart ride away from gated beach access and is primely positioned only minutes from the Destin Commons and Sandestin Outlets via Scenic Highway 98. An owner or renters could use a street legal golf cart to get to either major shopping hub as well as a myriad of restaurants along Scenic Highway 98. The property itself has a floor plan that maximizes every available space. In addition to the two guest bedrooms at the front of the home, it also has a walk-in laundry room and a movie room. The living room has high, vaulted ceilings and the master bedroom is spacious. The master bathroom includes a walk-in shower and jacuzzi-style tub along with dual vanities. The outdoor space is large and includes a heated pool along with ample yard/patio space and beautiful landscaping. Please contact the listing agent to schedule a private viewing!
Unit Size
1,705 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$467
Property Type
House
Property Taxes
-
HOA Dues
$860
Year Built
2000

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Cap Rate Calculator

Last updated: 2 years ago (ECAR MLS #948126)

Price History

Date / Event Date Event Price
Aug 21, 2024 Sold
Sold
Apr 23, 2024 Listed by Compass $795,900
Listed by Compass
Nov 29, 2021 Sold
Sold
Nov 24, 2021 No longer available -
No longer available
Sep 15, 2021 Price Increased $725,000
↑ $26K (3.7%)
Price Increased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 285
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,715
  • Total Building Area: 1,990
  • Gross Building Area: 1,990
  • Building Area: 1,705
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,705
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEASPRAY
  • Land Acres: 0000000131
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 36 SEASPRAY PB 14-18 OR 2293-1503 OR 3036-4123 OR 3227-179

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950609

Geography

  • Assessors Map Reference: S2-28-21
  • Parcel: 28-2S-21-42600-000-0360
  • Block: 3
  • Lot: 36
  • Meridian: SEC 28 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.378
  • Longitude: -86.3558

    Address

  • Full Address: 70 Leeward Dr
  • Address - House Number: 70
  • Address - Street Name: Leeward
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C027
  • 4-Digit Zip Code: 7147
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 1,782
  • Tax Year: 2022
  • Tax Amount: $522,126
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.4642
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 7
  • Final Value: 311,927
  • High Value: 456,727
  • Low Value: 167,126

    Market Valuation

  • Market Total Value: $563,401
  • Market Land Value: $93,729
  • Market Improvement Value: $469,672

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $563,401
  • Assessed Land Value: $93,729
  • Assessed Improvements Value: $469,672

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210058626
  • Previous Sale Recording Date: Mar 27, 2017
  • Previous Sale Contract Date: Mar 17, 2017
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: 54
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Miramar Beach


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Frequently Asked Questions

When was property at 70 Leeward Drive built and last sold?
The property at 70 Leeward Drive was built in 2000 and last sold on Nov 19, 2021 for $675,000.
How much is this home worth?
The estimated value of the home located at 70 Leeward Drive is $799,694.
What are some comparable homes to 70 Leeward Drive?
There are currently no comparable homes to 70 Leeward Drive.