RENTED OCT 8, 2025

73 Cobalt Ln Miramar Beach, FL 32550

Estimated Value: $690,295 - $883,000

4 Beds
2.5 Baths
2,322 Sq Ft
$344/Sq Ft Est. Value

Highlights

  • Lake Front
  • Boat Dock
  • Fishing
  • Van R. Butler Elementary School Rated A-
  • On Golf Course
  • Gated Community

About This Home

As of October 2025

This beautiful 4BR/2.5BA, unfurnished Destin rental home is located on the 10th green of the Emerald Bay golf course. Enjoy the view from the kitchen which opens to the great room and overlooks a lake teeming with fish. There are stainless steel appliances, a gas stove, and granite counter tops in the kitchen as well as the added touches of crown molding and plantation shutters throughout this Destin rental home. The home has hardwood flooring, tile and new carpet throughout. There is a gas fireplace and an over-sized screened in Florida room perfect for chilly or warm evenings, respectively.
There is also a two-car garage and washer/dryer connections. Pets are negotiable with owner approval (sorry, no cats).

Last Agent to Rent the Property

Donna Adams

Pointe South License #3137722 Listed on: 08/12/2025

Pointe South

Last Renter's Agent

Donna Adams

Pointe South License #3137722 Listed on: 08/12/2025

Pointe South

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 55x129
  • Lake Front
  • On Golf Course
  • Lawn Pump

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Slate Roof
  • Stucco

Interior Spaces

  • 2,322 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Gas Fireplace
  • Plantation Shutters
  • Great Room
  • Breakfast Room
  • Dining Room
  • Screened Porch
  • Exterior Washer Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Deck

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30-2S-21-42910-00M-0060

Community Details

Overview

  • Emerald Bay Ph 1A Subdivision
  • The community has rules related to covenants

Recreation

  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Fishing

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • Rental Info Lease Start Date: 2025-10-17

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.14
  • Lot Size: 55X129
  • Subdivision Name: EMERALD BAY PH 1A
  • Directions: Emerald Coast Pkwy to Emerald Bay, take 2nd right onto Indigo Loop North and Cobalt will be on your left. House on left.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 2004
  • Remarks Misc:Remarks: This beautiful 4BR/2.5BA, unfurnished Destin rental home is located on the 10th green of the Emerald Bay golf course. Enjoy the view from the kitchen which opens to the great room and overlooks a lake teeming with fish. There are stainless steel appliances, a gas stove, and granite counter tops in the kitchen as well as the added touches of crown molding and plantation shutters throughout this Destin rental home. The home has hardwood flooring, tile and new carpet throughout. There is a gas fireplace and an over-sized screened in Florida room perfect for chilly or warm evenings, respectively. There is also a two-car garage and washer/dryer connections. Pets are negotiable with owner approval (sorry, no cats).
  • Energy:AC - Central Elect: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Rooms:Breakfast Room: Yes
  • Energy:AC - 2 or More: Yes
  • Rooms:Great Room: Yes
  • Waterfront:Lake: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Jennaire Type, Microwave, Refrigerator W/IceMk, Stove/Oven Gas
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Fireplace Gas
  • Fireplace: Yes
  • Flooring: Floor Hardwood, Floor Tile, Floor WW Carpet
  • Interior Amenities: Ceiling Crwn Molding, Washer/Dryer Hookup
  • Window Features: Plantation Shutters, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Plantation Shutters: Yes
  • Appliances:Jennaire Type: Yes

Exterior Features

  • Lot Features: Covenants, Golf Course
  • Pool Features: Pool Type
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Lawn Pump
  • Foundation Details: Slab
  • Patio And Porch Features: Deck Covered, Porch Screened
  • ConstructionSiding:Slab: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Porch Screened: Yes
  • Lot Features:Golf Course: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities Paid By All Utilities: Tenant

Condo/Co-op/Association

  • Community Features: Community Room, Dock, Fishing, Gated Community, Golf, Pool, Tennis, TV Cable

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: 30-2S-21-42910-00M-0060
  • Zoning: Resid Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2022
Sold by
Louise Steele
Bought by
Steele Alan
Current Estimated Value
$798,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Outstanding Balance
$274,480
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving
Estimated Equity
$523,844

Purchase Details

Closed on
May 14, 2003
Sold by
Cook Joel T and Cook John A
Bought by
Steele Alan and Steele Louise

Purchase Details

Closed on
Sep 16, 2002
Sold by
Rasmussen Steven P
Bought by
Cook John A and Cook Joel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,950
Interest Rate
6.3%

Purchase Details

Closed on
May 17, 2000
Sold by
Rasmussen Susan E
Bought by
Rasmussen Steven P
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Steele Alan -- Shoreline Title
Steele Alan $60,500 --
Cook John A $45,500 --
Rasmussen Steven P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steele Alan $545,000
Previous Owner Cook John A $40,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2025 10/08/25 Rented $3,000 0.0% --
09/30/2025 09/30/25 Price Changed $3,000 -14.3% $1 / Sq Ft
09/03/2025 09/03/25 Price Changed $3,500 -6.7% $2 / Sq Ft
08/12/2025 08/12/25 For Rent $3,750 -- --
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,339 $593,812 $169,050 $424,762
2024 $4,788 $598,902 $169,050 $429,852
2023 $4,788 $486,192 $0 $0
2022 $4,638 $565,655 $139,286 $426,369
2021 $3,948 $414,075 $97,462 $316,613
2020 $3,646 $365,284 $89,166 $276,118
2019 $3,601 $362,608 $85,736 $276,872
2018 $3,399 $340,883 $0 $0
2017 $3,155 $318,296 $80,037 $238,259
2016 $3,102 $310,033 $0 $0
2015 $3,069 $301,915 $0 $0
2014 $2,903 $281,578 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 982937

Emerald Coast Association of REALTORS®

APN: 30-2S-21-42910-00M-0060