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241 Ellis Rd

Miramar Beach, FL 32550

2 bd 3 ba 1,300 sqft Built 1983 multi_family
Most recent sale
$540,000
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2022 Sold $540,000 Public Record
May 6, 2022 Sold $540,000 EmeraldCoast
Mar 31, 2022 Price changed $540,000 MLS #891728
Mar 11, 2022 Price changed $525,000 MLS #891728
Feb 23, 2022 Listed $499,900 MLS #891728
Jun 18, 2018 Sold $195,000 Public Record
Dec 9, 1994 Sold $79,500 Public Record
Jul 1, 1983 Sold $64,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $344,688 $50,000 $394,688 $3,566
2023 $409,500 $409,500 $3,720
2021 $164,918 $164,918 $1,596
2020 $164,918 $164,918 $1,646
2019 $161,681 $161,681 $1,606
2018 $110,046 $720
2017 $107,783 $695
2016 $105,566 $681
2015 $104,832 $686
2014 $104,000 $689
2013 $104,000 $104,000 $696
2012 $104,000 $644
2011 $104,000 $640
2010 $104,000 $643
2009 $106,727 $620
2008 $106,620 $568

Property facts

Year built
1983
Property type
multi_family
Stories
2
Beds
2
Baths
3
Living area
1,300 sqft
Lot size
ZIP code
32550
City
Miramar Beach
Street
Ellis Rd
Coordinates
30.38117, -86.38557

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
$2,405
Gross rental yield
5.34%
Implied cap rate
3.47%
Trend-extrapolated value

Frequently asked questions

When did 241 Ellis Rd last sell?
241 Ellis Rd most recently sold on May 9, 2022 for $540,000.
What is the current tax assessment for 241 Ellis Rd?
The most recent total assessment for 241 Ellis Rd (year 2025) is $394,688 with $3,566 in property tax.
How does 241 Ellis Rd's assessment compare to its last sale price?
The current assessment is 26.9% below the last sale price of $540,000.
When was 241 Ellis Rd built?
241 Ellis Rd was built in 1983.
How does 241 Ellis Rd compare to others on Ellis Rd?
We track 8 other properties on Ellis Rd. Browse the list under "Other properties on Ellis Rd" to compare beds, baths, and sale history.
What are the property facts for 241 Ellis Rd?
241 Ellis Rd is a 2 bed, 3 bath, 1,300 sqft multi_family.
Is 241 Ellis Rd a flip candidate?
No — 241 Ellis Rd does not appear in our flips dataset.
Is 241 Ellis Rd a tax-appeal candidate?
No — 241 Ellis Rd 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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