$350,000
●
Condo -
Off Market
8564 Turnberry Drive #8564
Miramar Beach, FL 32550
3 Beds
3 Baths
1,815 Ft²
$806,132
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model
About This Property
What an amazing view overlooking a tree lined lake. Likely, one of
the best in all of the Sandestin Golf and Beach Resort. This
beautifully upgraded 3 bedroom, 3 bath lakefront villa is literally
steps away from everything - the shops, restaurants and nightlife
of The Village of Baytowne Wharf, Championship Golf Courses,
Marina, Tennis Center and the community pool. Numerous upgrades are
evident from the custom granite in the kitchen and baths to the
special paint finishes. New doors and windows - the exterior of the
Turnberry buildings were completely remodeled in 2009. This unit is
being sold fully furnished with a few exceptions. Imagine morning
coffee overlooking this tranquil setting.
Unit Size
1,815 Ft²
Days on Market
-
Land Size
-
Price per sqft
$205
Property Type
Condo
Property Taxes
-
HOA Dues
$598
Year Built
-
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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 #566044)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2024 | No longer available | - | |
| No longer available | |||
| Mar 1, 2024 | Relisted | $815,000 | |
| Relisted | |||
| Feb 20, 2024 | No longer available | - | |
| No longer available | |||
| Feb 2, 2024 | Listed by Compass Florida, LLC | $815,000 | |
| Listed by Compass Florida, LLC | |||
| | |||
|
Situated in a very desirable location in the Sandestin Beach & Golf Resort by the Turnberry community pool and with the Sandestin Tennis Center, Baytowne Marina, and The Village of Baytowne Wharf just across the way. Designed with comfort and relaxation in mind,this first floor one-level lakefront condo offers the perfect blend of elegance and ease.Step into an open and airy floor plan that invites a sense of spaciousness throughout.The living area, adorned with new designer furnishings and plush seating, bathes in natural sunlight, creating an inviting ambiance for both relaxation and entertainment.Step out onto the relaxing screened porch, where outdoor seating beckons you to unwind and soak in the serene views of the lake and adjacent golf course. This private oasis provides a peaceful The manager has listed the unit size as 1815 square feet.
| |||
| May 25, 2012 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Interior Details
Bedrooms: 3
Full Bathrooms: 3
Interior Features: Breakfast Bar, Ceiling Cathedral, Floor Tile, Floor WW Carpet, Furnished - Some, Owner's Closet, Pantry, Washer/Dryer Hookup, Window Treatment All
Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Continue Clean, Refrigerator W/IceMk, Stove/Oven Electric, Washer
Rooms: 8
Exterior Details
Property Condition: Construction Complete
Year Built: 1998
Construction Materials: Frame, Stucco
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
Location Details
Association Fee Includes: Accounting, Ground Keeping, Master Association, Recreational Faclty, Security, Cable TV, Trash
Association Fee Frequency: Monthly
Association Fee2: $598
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/02/2024
|
3 Bed
|
3 Bath
|
1815 ft²
|
$815,000
3 Bed
3 Bath
1815 ft²
|
-
-
|
Cathy Turner
The Premier Property Group Watercolor Office
| |
|
10/12/2011
|
3 Bed
|
3 Bath
|
1815 ft²
|
$371,500
3 Bed
3 Bath
1815 ft²
|
$350,000
-5.79%
05/25/2012
|
Tom Whiddon
Destin Exclusive Real Estate
|
Building Info
About Miramar Beach
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Listed by: Tom Whiddon, Destin Exclusive Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 566044
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 566044
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