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This page contains aggregated information about each property, 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 about INVESTimate

3431 Burnt Pine Ln Miramar Beach, FL 32550

3 Beds 3 Baths 3,461 sqft Built 2005
Last updated:  Dec 26, 2019

INVESTimate

$1,163,273

$1.12M - $1.21M

Price Est.

$4,988

$4.6K - $5.4K

Rent Est.

$1,202,243  ( +3.35%)   1 YR EST. FORECAST
  
  
  

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3431 Burnt Pine Ln PROPERTY INFO

FACTS
  • Built In 2005
  • Price/Sqft : $336.11
CONSTRUCTION
  • Beds : 3
  • Floor Size : 3,461 sqft
  • Baths : 3 Full

3431 Burnt Pine Ln 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

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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 $4,988 per month.

MY RENT : $4,988 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 $4,988 would therefore be considered affordable for annual household incomes greater than $199,520 (12 months x 3.333 x $4,988).

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 87 of households in this neighborhood have a total annual income of $199,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,988 per month.

MINIMUM INCOME RANGE : $199,520

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 $4,988 per month.

MY RENT : $4,988 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 $4,988 would therefore be considered affordable for annual household incomes greater than $199,520 (12 months x 3.333 x $4,988).

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 87 of households in this neighborhood have a total annual income of $199,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,988 per month.

MINIMUM INCOME RANGE : $199,520

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%

3431 Burnt Pine Ln Comps

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3431 Burnt Pine Ln, Miramar Beach, FL 32550 is a single family home of 3,461 sqft. HomeUnion INVESTimateĀ® for 3431 Burnt Pine Ln includes a Price Estimate of $1,163,273 and a Rent Estimate of $4,988. This single family home has 3 bedrooms,3 bathrooms, and was built in 2005. This property has an estimated 15 year annualized Yield of 5.15% and Total Return of 14.11%. The estimated 1 year forecast in home value for 3431 Burnt Pine Ln is 3.35%.

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