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285 Payne St

Miramar Beach, FL 32550

2 bd 2 ba 964 sqft Built 1988 condos
Most recent sale
$377,000
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2025 Price changed for rent $1,995 EmeraldCoast
Oct 6, 2025 Price changed for rent $2,200 EmeraldCoast
Sep 23, 2025 Listed for rent $2,500 EmeraldCoast
Jul 18, 2022 Sold $377,000 Public Record
Jul 14, 2022 Sold $377,000 EmeraldCoast
May 26, 2022 Listed $369,000 MLS #899510
May 20, 2022 Listed $419,000 MLS #898980
Mar 21, 2017 Sold $172,000 MLS #771766
Feb 5, 2017 Listed $179,000 MLS #771766
Feb 19, 2012 Listing removed $1,100 EmeraldCoast
Oct 31, 2011 Listed for rent $1,100 EmeraldCoast
Sep 21, 2011 Sold $130,000 Public Record
Aug 25, 2011 Listing removed $135,500 EmeraldCoast
Aug 21, 2011 Listed $135,500 MLS #563154
Jan 2, 2011 Listing removed $154,500 EmeraldCoast
May 17, 2010 Listed $154,500 MLS #537893
Aug 26, 1999 Sold $83,000 Public Record
Apr 28, 1997 Sold $71,500 Public Record
Apr 4, 1995 Sold $65,000 Public Record
May 31, 1988 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $277,536 $277,536 $2,507
2023 $312,228 $312,228 $2,837
2022 $161,764 $161,764 $1,499
2021 $154,061 $154,061 $1,491
2020 $140,890 $1,473
2019 $128,082 $128,082 $1,272
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 $664
2009 $126,454 $802
2008 $175,032 $1,141

Property facts

Year built
1988
Property type
condos
Stories
Beds
2
Baths
2
Living area
964 sqft
Lot size
ZIP code
32550
City
Miramar Beach
Street
Payne St
Coordinates
30.38164, -86.38405

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
5.68%
Implied cap rate
3.69%
Trend-extrapolated value

Frequently asked questions

When did 285 Payne St last sell?
285 Payne St most recently sold on Jul 18, 2022 for $377,000.
What is the current tax assessment for 285 Payne St?
The most recent total assessment for 285 Payne St (year 2025) is $277,536 with $2,507 in property tax.
How does 285 Payne St's assessment compare to its last sale price?
The current assessment is 26.4% below the last sale price of $377,000.
When was 285 Payne St built?
285 Payne St was built in 1988.
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 condos.
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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