285 Payne St Unit 16B, Miramar Beach, FL, 32550
About This Home
Fantastic Investment Opportunity or Beach Getaway! This beautifully renovated top-floor 2-bedroom, 2-bath condo is ideally located just 2½ blocks from the beach. The open-concept floor plan provides a spacious feel and features beautiful views of the courtyard, pool, and lush tropical landscaping. The unit now boasts brand-new stairs and a newly rebuilt balcony. One of only eight units in the complex offering a private shared breezeway. The primary suite includes its own private bath and a large closet. Each unit comes with two designated parking spaces. Enjoy coastal living at its best — just a short walk from beach access, dining, and entertainment.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Construction Complete
- Year built: 1998
Materials
- Roof: Composition
- Construction materials: Frame,Vinyl Siding,Trim Vinyl
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Microwave,Washer,Electric Water Heater
- Laundry features: Washer/Dryer Hookup
Bathroom
- Level: First
- Area: 40
- Dimensions: 8 x 5
Bedroom
- Level: First
- Area: 130
- Dimensions: 13 x 10
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Level: First
- Area: 196
- Dimensions: 14 x 14
Features
- Breakfast Bar,Kitchen Island,Newly Painted,Owner's Closet
- Window features: Window Treatments
- Flooring: Laminate
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 964
- Total interior livable area: 964 sqft
Living Room
- Level: First
- Area: 289
- Dimensions: 17 x 17
Master Bathroom
- Level: First
- Area: 45
- Dimensions: 9 x 5
Master Bedroom
- Level: First
- Area: 196
- Dimensions: 14 x 14
Property
Details
- Parcel number: 302S2142866000016B
Features
- Patio & porch: Covered
- Exterior features: Balcony
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Walton County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,946 | $23,352 |
| Home Insurance * | $490 | $5,880 |
| Property Taxes | $278 | $3,336 |
| Electricity | $197 | $2,366 |
| Total | $2,911 | $34,932 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-09 | Listed for sale | $385,000 |
| 2023-11-13 | Listing removed | -- |
| 2023-10-23 | Listed for rent | $1,950 |
| 2023-10-08 | Listing removed | -- |
| 2023-10-03 | Price change | $1,950 |
| 2023-08-21 | Listed for rent | $2,250 |
| 2023-05-26 | Sold | $395,000 |
| 2023-04-26 | Pending sale | $406,000 |
| 2023-04-04 | Price change | $406,000 |
| 2023-03-09 | Price change | $416,000 |
| 2022-11-19 | Listed for sale | $418,000 |
| 2020-03-18 | Sold | $218,000 |
| 2020-01-13 | Pending sale | $225,000 |
| 2019-10-22 | Listed for sale | $225,000 |
| 2018-10-20 | Listing removed | $1,400 |
| 2018-10-02 | Price change | $1,400 |
| 2018-09-19 | Price change | $1,450 |
| 2018-08-03 | Listed for rent | $1,500 |
| 2017-08-11 | Listing removed | $1,450 |
| 2017-08-05 | Listed for rent | $1,450 |
| 2017-07-04 | Listing removed | $1,450 |
| 2017-06-29 | Listed for rent | $1,450 |
| 2017-02-03 | Listing removed | $1,450 |
| 2017-01-27 | Price change | $1,450 |
| 2017-01-14 | Listed for rent | $1,500 |
| 2014-09-22 | Sold | $152,000 |
| 2002-07-29 | Sold | $102,500 |
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