$5,999,500
SOLD APR 15, 2022

102 W Water St Alys Beach, FL 32461

7 Beds
7.5 Baths
5,155 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$1,164 Per Sq Ft

Highlights

  • Beach
  • Deeded access to the beach
  • 0.2 Acre Lot
  • Bay Elementary School Rated A-
  • Gulf View
  • Beach House

About This Home

As of September 2024

Situated on one of the largest home-sites in Rosemary Beach, 102 W Water Street presents astonishing architecture in the most sought after community on scenic highway 30A. Extraordinary design characterizes this fully renovated, like-new estate. The expansive gated compound showcases gulf views; an oversize pool and spa; a large main house; spacious guest house; multiple fireplaces; unexpected outdoor living; a roof top terrace and a two car garage all within the privacy walls of the property. Positioned on the corner of W Water and Johnson, this home offers seven bedrooms, seven full bathrooms and one half bathroom. Curated perfectly for primary or secondary living; design features of the home include venetian plaster, white-oak custom cabinetry, shell-stone flooring on the main level and reclaimed hardwood flooring throughout the remaining areas. Luxury plumbing and lighting fixtures were uniquely selected for each space of the property.

The well-thought-out floor-plan boasts a large open concept great room, chef's kitchen and main level master suite. The luxury kitchen features a fourteen foot island with two sinks; a 48" Wolf range; Sub-Zero refrigeration; scullery with an additional sink and microwave; a beverage area with undercounter fridge and ice machine; and a built in dining area. The master suite is highlighted by a wood burning fireplace, free-standing tub and large walk-in shower. In the main home on the second level three additional guest suits can be found. The top level of the main home is dedicated to a large bunk room featuring three twin bunks and one queen bunk.

The carriage house features a full kitchen and living area as well as an additional guest room, bunk room and two bathrooms. The roof top terrace is found on the roof of the carriage house. On this veranda, residents will enjoy gulf views and the ultimate entertaining space.

The outdoor living of the property is truly unparalleled in Rosemary Beach. Featuring an oversized pool, spa, outdoor kitchen and multiple courtyards, future residents will truly enjoy an oasis retreat without leaving the property.

Last Agent to Sell the Property

Hilary & Jacob

Corcoran Reverie SRB Listed on: 01/18/2022

Last Buyer's Agent

Tosha Corrigan

Keller Williams Realty SRB

Keller Williams Realty SRB

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $45,364

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 110 x 131 x 42 x 108

HOA Fees

  • $465 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Beach House
  • Property Attached

Interior Spaces

  • 5,155 Sq Ft Home
  • 3-Story Property
  • Sitting Room
  • Living Room
  • Gulf Views
  • Storm Windows

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deeded access to the beach

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35-3S-18-16067-041-0010

Community Details

Overview

  • Rosemary Subdivision

Amenities

  • Community Pavilion
  • Recreation Room

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$45,364

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$465 per month

Parking

2

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 110 x 131 x 42 x 108
  • Subdivision Name: ROSEMARY
  • Directions: Heading east on HWY 30A from Alys Beach. Once entered Rosemary Beach, turn north on W Water Street. Property located on the corner of W Water Street and Johnson St.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2021
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Energy:AC - High Efficiency: Yes
  • Rooms:Sitting Room: Yes
  • Energy:Storm Windows: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Window Features: Storm Window(s)
  • Master Bedroom:First: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Property Condition: Under Construction
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Deed Access, Pavillion/Gazebo, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1395.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Dune Lakes
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 35-3S-18-16067-041-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Sep 27, 2024
Sold by
Grant Ryan and Grant Laura
Bought by
Rosemary Littles Llc
Seller's Agent
Tosha Corrigan
Keller Williams Realty SRB
Buyer's Agent
Mary Richards
Compass
List Price
$7,950,000
Sold Price
$6,050,000
Premium/Discount to List
-$1,900,000
-23.9%
Views
184
Current Estimated Value
$6,506,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,369
Avg. Annual Appreciation
9.90%
Original Mortgage
$4,000,000
Outstanding Balance
$3,977,965
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$2,528,404

Purchase Details

Listed on
Mar 5, 2020
Closed on
Apr 24, 2020
Sold by
Davis Ronna L
Bought by
Jwpp Management Llc
Seller's Agent
Janet Murphy
Scenic Sotheby's International Realty
Buyer's Agent
Hilary & Jacob
Corcoran Reverie SRB
List Price
$2,300,000
Sold Price
$2,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.40%
Original Mortgage
$2,100,000
Interest Rate
3.3%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 9, 2010
Sold by
B & K Interests Llc
Bought by
Davis Christopher A and Davis Ronna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,324,440
Interest Rate
4.87%

Purchase Details

Closed on
Jul 20, 2007
Sold by
Rometo Robert P and Rometo Peggy A
Bought by
B & K Interests Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
7%

Purchase Details

Closed on
Apr 4, 2003
Sold by
Eagle West Llc
Bought by
Rometo Robert P and Rometo Peggy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.5%

Purchase Details

Closed on
Oct 12, 2000
Sold by
Rosemary Beach Land Company
Bought by
Eagle West Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $6,050,000 Reli Title
Warranty Deed $2,300,000 Mitchell Land & Title Inc
Warranty Deed $1,560,000 None Available
Warranty Deed $2,000,000 Mcneese Title Llc
Warranty Deed $310,000 --
Warranty Deed $245,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,000,000 New Conventional
Previous Owner $2,100,000 Construction
Previous Owner $150,000 Credit Line Revolving
Previous Owner $1,324,440 No Value Available
Previous Owner $2,000,000 No Value Available
Previous Owner $2,000,000 Fannie Mae Freddie Mac
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,269,396 Construction
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $6,050,000 -6.2% $1,174 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
08/16/2024 08/16/24 Price Changed $6,450,000 -4.4% $1,251 / Sq Ft
07/09/2024 07/09/24 Price Changed $6,750,000 -10.0% $1,309 / Sq Ft
04/16/2024 04/16/24 Price Changed $7,500,000 -5.7% $1,455 / Sq Ft
03/29/2024 03/29/24 For Sale $7,950,000 +32.5% $1,542 / Sq Ft
04/15/2022 04/15/22 Sold $5,999,500 0.0% $1,164 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $5,999,500 +160.8% $1,164 / Sq Ft
04/24/2020 04/24/20 Sold $2,300,000 0.0% $479 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $2,300,000 -- $479 / Sq Ft
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
2024 $45,364 $5,159,412 $775,000 $4,384,412
2023 $45,364 $4,992,560 $775,000 $4,217,560
2022 $17,254 $2,112,880 $796,006 $1,316,874
2021 $14,399 $1,487,508 $650,687 $836,821
2020 $15,600 $2,392,642 $595,297 $1,797,345
2019 $15,162 $1,564,104 $0 $0
2018 $14,933 $1,534,940 $0 $0
2017 $14,532 $1,503,369 $0 $0
2016 $14,364 $1,472,448 $0 $0
2015 $14,489 $1,462,213 $0 $0
2014 -- $1,450,608 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 886903

Emerald Coast Association of REALTORS®

APN: 35-3S-18-16067-041-0010