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Miramar Beach 32550
85 Bayside Park
$309,000
● House - Off Market

85 Bayside Park

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,131 Ft²
$553,532
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

It's all about location and getting the most bang for your buck! A home for the discerning buyer who recognizes value and appreciates space. Among the many distinguishing features are pavers for drive and walkway, built in safe, 12' ceilings that magnifies the outside light, granite counter tops, gas flat top range, large master with on suite and separate sitting room. Two additional bedrooms and bath are located on the opposite side of house from the master. This is a great house for entertaining! Bayside is conveniently located to all that our beautiful area has to offer. The community has private access to the Bay for Kayaking, Paddle Boarding, Canoeing and more. Other amenities include Tennis, Basketball, Shuffle Board, pool and pavilion. All of this for very low HOA Fees!
Unit Size
2,131 Ft²
Days on Market
-
Land Size
-
Price per sqft
$146
Property Type
House
Property Taxes
$117
HOA Dues
$60
Year Built
1995

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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 #729032)

Price History

Date / Event Date Event Price
Nov 23, 2015 Sold
Premium
Sold
May 4, 2015 Listed by Coldwell Banker Realty $312,000
Listed by Coldwell Banker Realty
Dec 15, 2000 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • 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: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,488
  • Total Building Area: 2,691
  • Gross Building Area: 2,691
  • Building Area: 2,271
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,271
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAYSIDE
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 42 BLK A PHASE 1 OF BAYSIDE S/D PB 9-22 OR 1086-124 &-126 OR 2294-390 OR 2916-2819 OR 2995-4056

Neighborhood

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

Geography

  • Assessors Map Reference: S2-28-21
  • Subdivision Phase Number: 1
  • Parcel: 28-2S-21-42400-00A-0420
  • Block: A
  • Lot: 42
  • Meridian: SEC 28 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3837
  • Longitude: -86.3537

    Address

  • Full Address: 85 Bayside Park
  • Address - House Number: 85
  • Address - Street Name: Bayside
  • Address - Suffix Type: Park
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C027
  • 4-Digit Zip Code: 4598
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,467
  • Tax Year: 2022
  • Tax Amount: $157,295
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 665,221
  • High Value: 814,671
  • Low Value: 515,770

    Market Valuation

  • Market Total Value: $424,024
  • Market Land Value: $59,646
  • Market Improvement Value: $364,378

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $207,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 20, 2015
  • Current Sale Recording Date: Nov 23, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015661346334
  • Previous Sale Recording Date: Dec 15, 2000
  • Previous Sale Contract Date: Dec 12, 2000
  • Previous Sale Amount: $185,000
  • 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:

$735,000

Sale Price/ft²

$498

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1712 ft²

Average Home Age

26.6 years

Currently For Sale

988 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: Judi Rutland, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 729032
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 85 Bayside Park built and last sold?
The property at 85 Bayside Park was built in 1995 and last sold on Nov 20, 2015 for $309,000.
How much is this home worth?
The estimated value of the home located at 85 Bayside Park is $351,537.
What are some comparable homes to 85 Bayside Park?
There are currently no comparable homes to 85 Bayside Park.
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