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Miramar Beach 32550
94 CREST Drive
$351,900
● House - Off Market

94 CREST Drive

Miramar Beach, FL 32550
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
2,834 Ft²
$579,849
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

REDUCED $99,099!!! SELLER IS SERIOUS, HE WANTS AN OFFER! LOCATION!! LOCATION!! ACROSS THE STREET FROM LEGION PARK WITH PICNIC AREA, PLAY AREA, AND BOAT RAMP. FIVE MINUTES TO THE GULF OF MEXICO WHITE SAND BEACHES, SHOPPING, AND ENTERTAINMENT. THIS TWO-STORY FLORIDA COTTAGE WITH HARDEE BOARD SIDING IS PERFECT FOR A PRIMARY RESIDENCE OR VACATION RENTALS. EACH BEDROOM HAS A PRIVATE BATH, TWO BEDROOMS ON SECOND LEVEL HAVE BALCONIES, HOT TUB ON SECOND LEVEL, HARDWOOD FLOORS, TILE BATHS, OPEN FLOOR PLAN, GAS FIREPLACE IN LIVING ROOM. GUEST SUITE OVER GARAGE WITH OPEN FLOOR PLAN AND PRIVATE BATH, PRIVATE ENTRANCE, WASHER/DRYER HOOKUPS, AND SMALL KITCHEN AREA. ENERGY SAVING FOUR AIR CONDITIONER UNITS IN THE HOUSE. BEING SOLD ''AS IS'' WITH HOME WARRANTY
Unit Size
2,834 Ft²
Days on Market
-
Land Size
-
Price per sqft
$124
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
2001

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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 #760809)

Price History

Date / Event Date Event Price
Mar 30, 2017 Sold
Premium
Sold
Sep 14, 2016 Sold
Premium
Sold
Sep 12, 2016 Listed by World Impact Real Estate $351,900
Listed by World Impact Real Estate

Property Highlights

Fireplace
With View
Garage

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,985
  • Total Building Area: 3,410
  • Gross Building Area: 3,410
  • Building Area: 2,834
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,834
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PONCE DE LEON ESTATES
  • Land Acres: 0000000183
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 6B PONCE DE LEON ESTATES PB 14-41 OR 2288-261 OR 2363-581 OR 2476-1 OR 2632-4748 OR 3020-3036 OR 3037-550 OR 3037-554 OR 3152-3444

Neighborhood

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

Geography

  • Assessors Map Reference: CAP-Y
  • Parcel: 28-2S-21-42550-000-06B0
  • Block: 6
  • Lot: 6B
  • Meridian: SEC 28 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3856
  • Longitude: -86.3591

    Address

  • Full Address: 94 Crest Dr
  • Address - House Number: 94
  • Address - Street Name: Crest
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 3952
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 3,396
  • Tax Year: 2022
  • Tax Amount: $325,786
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2647
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 998,285
  • High Value: 1,262,577
  • Low Value: 733,993

    Market Valuation

  • Market Total Value: $611,301
  • Market Land Value: $68,593
  • Market Improvement Value: $542,708

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $389,710

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 08, 2017
  • Current Sale Recording Date: Mar 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 20170009807
  • Previous Sale Recording Date: Sep 14, 2016
  • Previous Sale Contract Date: Sep 14, 2016
  • Previous Sale Amount: $50,900
  • Previous Sale Document Type: 69
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:

$726,500

Sale Price/ft²

$492

Below Asking

0.03%

Average Days on Market

110

Average Home Size

1722 ft²

Average Home Age

26.4 years

Currently For Sale

690 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: Elliot D Marcus, World Impact Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 760809
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 94 Crest Drive built and last sold?
The property at 94 Crest Drive was built in 2001 and last sold on Mar 8, 2017 for $351,900.
How much is this home worth?
The estimated value of the home located at 94 Crest Drive is $386,384.
What are some comparable homes to 94 Crest Drive?
There are currently no comparable homes to 94 Crest Drive.
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