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Miramar Beach 32550
968 Northshore Drive
$510,000
● House - Off Market

968 Northshore Drive

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,800 Ft²
$805,808
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

View, View and More View - literally 180 degree wide open bay view, this beautifully furnished 3 bedroom 3 full bath townhome is exceptional and the best priced unit on the water - Many upgrades including a completely renovated down bath, new wood porcelain plank flooring, granite kitchen tops, stainless appliances, two masters, new HVAC in 2013, screened porch, and a balcony for those amazing sunsets - Seller owns garage that's available separately - Within the Sandestin Resort, the amenities are endless. A must see, especially at this price!!!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$267
Property Type
House
Property Taxes
$275
HOA Dues
$356
Year Built
1992

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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 #762937)

Price History

Date / Event Date Event Price
Jul 20, 2021 Sold
Premium
Sold
Jan 10, 2017 Sold
Premium
Sold
Oct 20, 2016 Listed by Destin Exclusive Real Estate $479,900
Listed by Destin Exclusive Real Estate
Nov 21, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 35
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,443
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELEMENTS AND DESIGNATED LIMITED COMMON E
  • Land Acres: 0000000033
  • Standard Land Use Code: 1002
  • County Land Use Code: 0166
  • State Land Use Code: 01
  • Legal Description 1: PARCEL 968 PHASE TWO OF NORTH SHORE AND INTEREST IN ALL COMMON ELEMENTS AND DESIGNATED LIMITED COMMON ELEMENTS PB 9-30 OR 857-207 OR 2334-834 OR 2562-192 OR 3030-3459 OR 3207-4772

Neighborhood

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

Zoning

  • Zoning: SD

Geography

  • Assessors Map Reference: S2-27-21
  • Subdivision Phase Number: 2
  • Parcel: 27-2S-21-42730-000-0968
  • Block: 9
  • Lot: 968
  • Meridian: SEC 27 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.386
  • Longitude: -86.3375

    Address

  • Full Address: 968 Northshore Dr
  • Address - House Number: 968
  • Address - Street Name: Northshore
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C014
  • 4-Digit Zip Code: 4540
  • Zip Code: 32550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $655,611
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2248
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,257,725
  • High Value: 1,540,504
  • Low Value: 974,947

    Market Valuation

  • Market Total Value: $707,438
  • Market Improvement Value: $707,438

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $707,438
  • Assessed Improvements Value: $707,438

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210036281
  • Previous Sale Recording Date: Jan 10, 2017
  • Previous Sale Contract Date: Jan 06, 2017
  • Previous Sale Amount: $510,000
  • 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

$500

Below Asking

0.02%

Average Days on Market

82

Average Home Size

1712 ft²

Average Home Age

26.6 years

Currently For Sale

976 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: Tom Whiddon, Destin Exclusive Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 762937
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 968 Northshore Drive built and last sold?
The property at 968 Northshore Drive was built in 1992 and last sold on Jul 9, 2021 for $1,123,500.
How much is this home worth?
The estimated value of the home located at 968 Northshore Drive is $0.
What are some comparable homes to 968 Northshore Drive?
There are currently no comparable homes to 968 Northshore Drive.
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