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647 Bayou Dr

Miramar Beach, FL 32550

2 bd 2 ba 1,362 sqft Built 1978 condos
Most recent sale
$605,000
Jun 27, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 24, 2024 Sold $697,500 EmeraldCoast
Dec 31, 2023 Price changed $723,000 NWFlorida
Dec 13, 2023 Price changed $733,000 NWFlorida
Jul 22, 2023 Listed $773,000 NWFlorida
Jun 27, 2023 Sold $605,000 Public Record
Dec 13, 2018 Sold $258,000 NWFlorida
Nov 8, 2018 Price changed $265,000 NWFlorida
Nov 5, 2018 Listed $265,000 NavarreBeach
Dec 29, 2015 Sold $96,200 Public Record
Feb 1, 1978 Sold $49,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $526,277 $526,277 $4,755
2022 $296,464 $3,109
2021 $269,513 $269,513 $2,608
2020 $269,513 $269,513 $2,690
2019 $264,228 $264,228 $2,624
2018 $205,094 $2,059
2017 $201,835 $201,835 $1,926
2016 $192,219 $192,219 $1,814
2015 $192,219 $192,219 $1,770
2014 $183,066 $1,680
2013 $127,347 $127,347 $1,320
2012 $115,770 $1,123
2011 $143,010 $1,375
2010 $167,798 $1,618
2009 $190,680 $1,709
2008 $309,228 $2,571
2007 $309,228 $2,547

Property facts

Year built
1978
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,362 sqft
Lot size
ZIP code
32550
City
Miramar Beach
Street
Bayou Dr
Coordinates
30.38140, -86.33318

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,520
Gross rental yield
5.00%
Implied cap rate
3.25%
Trend-extrapolated value

Frequently asked questions

When did 647 Bayou Dr last sell?
647 Bayou Dr most recently sold on Jun 27, 2023 for $605,000.
What is the current tax assessment for 647 Bayou Dr?
The most recent total assessment for 647 Bayou Dr (year 2025) is $526,277 with $4,755 in property tax.
How does 647 Bayou Dr's assessment compare to its last sale price?
The current assessment is 13.0% below the last sale price of $605,000.
When was 647 Bayou Dr built?
647 Bayou Dr was built in 1978.
How does 647 Bayou Dr compare to others on Bayou Dr?
We track 8 other properties on Bayou Dr. Browse the list under "Other properties on Bayou Dr" to compare beds, baths, and sale history.
What are the property facts for 647 Bayou Dr?
647 Bayou Dr is a 2 bed, 2 bath, 1,362 sqft condos.
Is 647 Bayou Dr a flip candidate?
No — 647 Bayou Dr does not appear in our flips dataset.
Is 647 Bayou Dr a tax-appeal candidate?
No — 647 Bayou Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.1%
Implied 1-yr
-4.3%
2026 Q3
$890.2K
2026 Q4
$879.9K
ZIP 32550 — Median Price History + Forecast

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