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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
$570,000
May 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 20, 2024 Listed $575,000 NWFlorida
Jan 10, 2024 Listing removed NWFlorida
Nov 8, 2023 Listed $575,000 NWFlorida
May 3, 2022 Sold $570,000 Public Record
Apr 29, 2022 Sold $570,000 NWFlorida
Mar 10, 2022 Listed $570,000 MLS #892740
Oct 22, 2021 Sold $443,714 Public Record
Oct 19, 2021 Sold $443,750 NWFlorida
Aug 27, 2021 Price changed $450,000 MLS #878752
Aug 5, 2021 Listed $465,000 MLS #878752
Apr 28, 2021 Sold $320,000 Public Record
Jul 3, 2017 Sold $218,000 Public Record
Nov 2, 2016 Sold $152,000 Public Record
Dec 22, 1994 Sold $75,000 Public Record
Oct 1, 1986 Sold $62,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $344,688 $50,000 $394,688 $3,566
2023 $409,500 $409,500 $3,720
2022 $327,600 $327,600 $3,035
2021 $164,918 $164,918 $1,232
2020 $163,637 $1,261
2019 $159,958 $1,218
2018 $156,975 $156,975 $1,193
2017 $156,975 $156,975 $1,556
2016 $149,500 $149,500 $1,382
2015 $123,500 $123,500 $1,212
2014 $104,000 $1,072
2013 $104,000 $104,000 $1,079
2012 $104,000 $1,009
2011 $104,000 $1,001
2010 $104,000 $1,003
2009 $145,350 $1,303
2008 $180,000 $1,497
2007 $180,000 $1,482

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
30.38180, -86.38560

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
5.06%
Implied cap rate
3.29%
Trend-extrapolated value

Frequently asked questions

When did 241 Ellis Rd last sell?
241 Ellis Rd most recently sold on May 3, 2022 for $570,000.
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 30.8% below the last sale price of $570,000.
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?
Yes — 241 Ellis Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
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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