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Miramar Beach 32550
95 Bonaire Boulevard
$425,000
● House - Off Market

95 Bonaire Boulevard

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
2 Baths
$2,563
Est. Monthly
4.46%
Cap Rate

About This Property

Massive price reduction. New paint. New flooring throughout.  Tons of potential. Fabulous Home in Bonaire ready for immediate occupancy. Enjoy the abundant amenities available for your year round enjoyment. Community pool, tennis, and fishing pier available for residents and guests. Or you can enjoy nature in the peaceful and private backyard that backs up to the nature preserve. This home is close to all of the action that Destin has to offer but feels miles away. Easy ingress and egress with traffic light at subdivision. Lots of upgrades. New roof, newer appliances, refrigerator is included. Property was recently inspected for termites and was found to be free and clear.
Unit Size
-
Days on Market
162 days
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1996

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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 #924409)

Price History

Date / Event Date Event Price
Oct 1, 2024 Sold
Premium
Sold
May 30, 2023 Listed by HomeSmart Sunshine Realty $470,000
Listed by HomeSmart Sunshine Realty
May 31, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2000
  • 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: 400
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,494
  • Total Building Area: 2,220
  • Gross Building Area: 2,220
  • Building Area: 1,820
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,820
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BONAIRE PHASE 2
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 30 BONAIRE PHASE 2 PB 10-31 OR 1431-325 OR 2013-352 OR 2321A-1118 OR 2613-2197 OR 2720-4744

Neighborhood

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

Geography

  • Assessors Map Reference: S2-28-21
  • Subdivision Phase Number: 2
  • Parcel: 28-2S-21-42404-000-0300
  • Block: 3
  • Lot: 30
  • Meridian: SEC 28 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3836
  • Longitude: -86.351

    Address

  • Full Address: 95 Bonaire Blvd
  • Address - House Number: 95
  • Address - Street Name: Bonaire
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C027
  • 4-Digit Zip Code: 5844
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 1,919
  • Tax Year: 2022
  • Tax Amount: $306,050
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.0888
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 92
  • Final Value: 510,551
  • High Value: 555,888
  • Low Value: 465,213

    Market Valuation

  • Market Total Value: $365,842
  • Market Land Value: $59,646
  • Market Improvement Value: $306,196

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $365,842
  • Assessed Land Value: $59,646
  • Assessed Improvements Value: $306,196

    Sales

  • Current Sale Contract Date: May 30, 2006
  • Current Sale Recording Date: May 31, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 950389
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

$499

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1708 ft²

Average Home Age

26.6 years

Currently For Sale

983 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: Joy E Haik, HomeSmart Sunshine Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 924409
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 95 Bonaire Boulevard built and last sold?
The property at 95 Bonaire Boulevard was built in 1996 and last sold on May 30, 2006 for $325,000.
How much is this home worth?
The estimated value of the home located at 95 Bonaire Boulevard is $0.
What are some comparable homes to 95 Bonaire Boulevard?
There are currently no comparable homes to 95 Bonaire Boulevard.
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