Sell Your Property

Easily Access a network of motivated buyers
This page contains information about each property aggregated from public data sources, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more.

...MORE

This page contains information about each property aggregated from public data sources, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more.

1150 Troon Dr N Miramar Beach, FL 32550

3 Beds 3 Baths 2,376 sqft Built 1995
Last updated:  Dec 26, 2019

INVESTimate

$751,885

$723K - $781K

Price Est.

$2,631

$2.4K - $2.8K

Rent Est.

$777,073  ( +3.35%)   1 YR EST. FORECAST

1150 Troon Dr N PROPERTY INFO

FACTS
  • Built In 1995
  • Price/Sqft : $316.45
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,376 sqft
  • Baths : 2 Full 1 Half
PROPERTY DESCRIPTION
1150 Troon Dr N, Miramar Beach, FL 32550 is a single family home of 2,376 sqft. HomeUnion estimate for 1150 Troon Dr N includes a Price Estimate of $751,885 and a Rent Estimate of $2,631. This single family home has 3 bedrooms, 3 bathrooms, and was built in 1995. This property has an estimated 15 year annualized Yield of 4.20% and Total Return of 11.76%. The estimated 1 year forecast in home value for 1150 Troon Dr N is 3.35%.
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 5710 Tidewater Drive Houston, TX
    • 3 beds 3 baths ∙ 1,590 Sqft ∙ Built 2002 ∙ 1units 3 beds 3 baths ∙ 1,590 Sqft ∙ Built 2002 ∙ 1units
    AVAILABLE
    • 15.47% GROSS YIELD
    • $7,812 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $114,000
    • $35,960
    • $1,470
  • 3530 PIEDMONT ROAD Atlanta, GA
    • 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1976 ∙ 1units 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1976 ∙ 1units
    AVAILABLE fmls
    • 13.73% GROSS YIELD
    • $10,605 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $229,000
    • $66,435
    • $2,620
  • 223 BECK ROAD Salisbury, NC
    • 6 beds 3 baths ∙ 2,229 Sqft ∙ Built 1974 ∙ 2units 6 beds 3 baths ∙ 2,229 Sqft ∙ Built 1974 ∙ 2units
    AVAILABLE
    • 12.00% GROSS YIELD
    • $14,201 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $200,000
    • $70,250
    • $2,000
  • 1009 FAIRBURN ROAD Atlanta, GA
    • 3 beds 1 baths ∙ 925 Sqft ∙ Built 1960 ∙ 1units 3 beds 1 baths ∙ 925 Sqft ∙ Built 1960 ∙ 1units
    AVAILABLE fmls
    • 12.00% GROSS YIELD
    • $7,363 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,000
    • $32,780
    • $1,020

1150 Troon Dr N SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BAY SCHOOL Primary Unknown NA
SOUTH WALTON HIGH SCHOOL High Regular 628 34 NA

BAY SCHOOL

  • Education Level: Primary
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating

SOUTH WALTON HIGH SCHOOL

  • Education Level: High
  • # of students: 628
  • # of teachers: 34
-1
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Sandestin

  • 2,502

    POPULATION
  • 1,181

    HOUSEHOLDS
  • 83.3%

    WHITE COLLAR

Neighborhood : Sandestin

HOUSEHOLDS
1,181
POPULATION

2,502

29.6%Renters
70.4%Home Owners
LABOR FORCE

 

83.3%White Collar
16.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,631 per month.

MY RENT : $2,631 MEDIAN RENT : $1,979

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.1%
$1,000-1,499 1.7%
>=$1,500 98.2%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $2,631 would therefore be considered affordable for annual household incomes greater than $105,240 (12 months x 3.333 x $2,631).

Rent % Affordability
Above $500 94.5%
Above $700 82.4%
Above $1,100 65.0%
Above $1,500 54.8%
Above $1,900 42.1%
HOUSEHOLD INCOME RANGE

Approximately 248 of households in this neighborhood have a total annual income of $105,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,631 per month.

MINIMUM INCOME RANGE : $105,240

Income % Distribution
<$20K 5.5%
$20K-$35K 21.8%
$35K-$60K 18.0%
$60K-$100K 18.5%
>=$100K 36.3%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 15.2%
10-14 mins 23.5%
15-19 mins 11.4%
20-29 mins 13.7%
30-44 mins 20.1%
45-59 mins 5.7%
>60 mins 8.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,631 per month.

MY RENT : $2,631 MEDIAN RENT : $1,979

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.1%
$1,000-1,499 1.7%
>=$1,500 98.2%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $2,631 would therefore be considered affordable for annual household incomes greater than $105,240 (12 months x 3.333 x $2,631).

Rent % Affordability
Above $500 94.5%
Above $700 82.4%
Above $1,100 65.0%
Above $1,500 54.8%
Above $1,900 42.1%
HOUSEHOLD INCOME RANGE

Approximately 248 of households in this neighborhood have a total annual income of $105,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,631 per month.

MINIMUM INCOME RANGE : $105,240

Income % Distribution
<$20K 5.5%
$20K-$35K 21.8%
$35K-$60K 18.0%
$60K-$100K 18.5%
>=$100K 36.3%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 15.2%
10-14 mins 23.5%
15-19 mins 11.4%
20-29 mins 13.7%
30-44 mins 20.1%
45-59 mins 5.7%
>60 mins 8.4%

Sandestin Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 15.4%
Construction 14.9%
Educational Services 9.1%
Health Care & Social Assistance 11.4%
Professional & Scientific Tech Services 11.3%
Retail & Wholesale Trader 14.9%
Other 23.0%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 17% is 24 or younger and 29% is 65 or older.

Age % Distribution
<15 13.7%
15-19 2.4%
20-24 1.4%
25-44 24.7%
45-65 28.4%
66+ 29.4%
OCCUPATION

Occupation % Distribution
Clean 4.4%
Construction 8.0%
Healthcare 6.3%
Legal 6.8%
Management, Business, & Financial 29.9%
Sales & Office 28.1%
Other 16.5%
HIGHEST EDUCATION LEVEL

25% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.2%
High School 12.5%
Masters Degree 8.9%
Some College 23.9%
Some High School 4.7%
Other 40.8%

1150 Troon Dr N Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , WALTON County , or the 32550 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 32459