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285 Payne St

Miramar Beach, FL 32550

2 bd 2 ba 964 sqft Built 1996 townhomes
Most recent sale
$425,000
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 13, 2024 Sold $390,000 CPARMLS
Sep 2, 2022 Sold $425,000 Public Record
Sep 1, 2022 Sold $425,000 EmeraldCoast
Jul 12, 2022 Listed $419,000 MLS #903457
Aug 23, 2021 Listed for rent $2,000 AppfolioUnits
Aug 26, 2019 Sold $215,000 Public Record
Mar 4, 2019 Listed $225,000 MLS #817340
Aug 18, 2009 Listing removed $164,900 EmeraldCoast
Jul 15, 2009 Listing removed $197,500 EmeraldCoast
Jul 15, 2009 Listed $164,900 MLS #520654
Nov 14, 2008 Listed $197,500 MLS #505691

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $302,316 $302,316 $2,731
2023 $322,140 $322,140 $2,927
2022 $257,712 $257,712 $2,388
2021 $156,218 $1,148
2020 $154,061 $154,061 $1,166
2019 $138,128 $1,386
2018 $125,571 $125,571 $1,252
2017 $121,918 $121,918 $1,208
2016 $116,112 $116,112 $1,162
2015 $116,112 $116,112 $1,153
2014 $100,442 $1,035
2013 $100,442 $100,442 $1,042
2012 $100,442 $975
2011 $100,442 $966
2010 $105,728 $1,020
2009 $126,464 $1,134
2008 $175,032 $1,456

Property facts

Year built
1996
Property type
townhomes
Stories
Beds
2
Baths
2
Living area
964 sqft
Lot size
ZIP code
32550
City
Miramar Beach
Street
Payne St
Coordinates
30.38180, -86.38400

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
$1,783
Gross rental yield
5.03%
Implied cap rate
3.27%
Trend-extrapolated value

Frequently asked questions

When did 285 Payne St last sell?
285 Payne St most recently sold on Sep 2, 2022 for $425,000.
What is the current tax assessment for 285 Payne St?
The most recent total assessment for 285 Payne St (year 2025) is $302,316 with $2,731 in property tax.
How does 285 Payne St's assessment compare to its last sale price?
The current assessment is 28.9% below the last sale price of $425,000.
When was 285 Payne St built?
285 Payne St was built in 1996.
How does 285 Payne St compare to others on Payne St?
We track 8 other properties on Payne St. Browse the list under "Other properties on Payne St" to compare beds, baths, and sale history.
What are the property facts for 285 Payne St?
285 Payne St is a 2 bed, 2 bath, 964 sqft townhomes.
Is 285 Payne St a flip candidate?
No — 285 Payne St does not appear in our flips dataset.
Is 285 Payne St a tax-appeal candidate?
No — 285 Payne St 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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