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241 Ellis Rd

Miramar Beach, FL 32550

2 bd 3 ba 1,300 sqft Built 1983 Lot 871 sqft multi_family
Most recent sale
$503,000
Mar 1, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 1, 2024 Sold $503,000 NWFlorida
Oct 20, 2023 Listed $550,000 NWFlorida
May 16, 2022 Sold $550,000 Public Record
May 13, 2022 Sold $550,000 NWFlorida
Mar 15, 2022 Listed $555,000 MLS #893299
Jun 13, 2001 Sold $115,000 Public Record
Apr 1, 1983 Sold $59,500 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 $215,197 $2,487
2021 $195,634 $1,953
2020 $177,849 $1,928
2019 $161,681 $161,681 $1,605
2018 $152,266 $1,542
2017 $156,975 $156,975 $1,466
2016 $149,500 $149,500 $1,382
2015 $123,500 $123,500 $1,211
2014 $104,000 $1,072
2013 $104,000 $104,000 $1,078
2012 $104,000 $1,009
2011 $104,000 $1,000
2010 $104,000 $1,003
2009 $145,350 $1,303
2008 $180,000 $1,496
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
871 sqft
ZIP code
32550
City
Miramar Beach
Street
Ellis Rd
Coordinates
30.38116, -86.38508

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
5.74%
Implied cap rate
3.73%
Trend-extrapolated value

Frequently asked questions

When did 241 Ellis Rd last sell?
241 Ellis Rd most recently sold on Mar 1, 2024 for $503,000.
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 21.5% below the last sale price of $503,000.
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, 871 sqft lot 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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