NOT LISTED FOR SALE

Estimated Value: $1,419,336

3 Beds
3 Baths
1,790 Sq Ft
2001 Built

Sale Details

Date Sold: April 30, 2015

Last sale price $725,000 $405 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $9,812 / mo

286 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Bay View
  • Destin Elementary School Rated A-
  • Heated In Ground Pool
  • Furnished

About This Home

As of April 2015

GULF FRONT - 15th LEVEL, Lovely 3BR/3BA luxury condo in the heart of Destin. This unit offers the following: excellent views from every room from the floor to ceiling windows and doors, two expansive balconies one facing North and one facing South, tile floors in the main living areas and hallways,carpet in the bedrooms, crown molding throughout, vaulted and treyed ceilings, quartz countertops in Kitchen, new stainless appliances, breakfast bar, custom cabinetry, recessed lighting, lots of storage closets, full window treatments, and ceiling fans throughout. The gulf front master suite is very spacious and features balcony access, exceptional views, a huge walk in closet and private bath. The master bath offers dual vanity, jetted tub, walk in shower, and private water closet. The 2 guest suites offer excellent views of the bay from the balcony accessible by both suites. Silver Beach Towers offers large gulf front pool and hot tub, security including coded entry, and deeded covered parking in garage. This unit is on the 15th level featuring views of sunset and sunrise or all day sightlines across the expansive Gulf of Mexico. This unit has a great vacation rental record including bookings for this year. All dimensions to be verified by the buyer.

Last Agent to Sell the Property

ecn.rets.e2578

ecn.rets.RETS_OFFICE Listed on: 05/31/2014

Last Buyer's Agent

ecn.rets.e2578

ecn.rets.RETS_OFFICE Listed on: 05/31/2014

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,937

Year Built

  • Built in 2001 | Remodeled

HOA Fees

  • $670 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Property Views

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Steel Siding
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,790 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Woodwork
  • Crown Molding
  • Window Treatments
  • Entrance Foyer
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Spa

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2316-0000-1503

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, management, utilities, security, sewer, water, trash
  • Silver Beach Towers East Subdivision

Amenities

  • Community Barbecue Grill
  • Meeting Room
  • Elevator

Recreation

  • Beach
  • Community Whirlpool Spa

Security

  • Building Fire Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,937

Year Built

Built in 2001 | Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$670 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • MLS Status: Sold
  • Standard Status: Closed
  • Subdivision Name: SILVER BEACH TOWERS East
  • Directions: Located on HWY 98 where Airport Road Meets 98 - This unit is in the East Tower, 15th Level
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2001
  • Remarks Misc:Remarks: GULF FRONT - 15th LEVEL, Lovely 3BR/3BA luxury condo in the heart of Destin. This unit offers the following: excellent views from every room from the floor to ceiling windows and doors, two expansive balconies one facing North and one facing South, tile floors in the main living areas and hallways,carpet in the bedrooms, crown molding throughout, vaulted and treyed ceilings, quartz countertops in Kitchen, new stainless appliances, breakfast bar, custom cabinetry, recessed lighting, lots of storage closets, full window treatments, and ceiling fans throughout. The gulf front master suite is very spacious and features balcony access, exceptional views, a huge walk in closet and private bath.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Waterview:Bay2: Yes
  • Rooms:Foyer: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Floor Tile, Floor WW Carpet, Furnished - All, Owner's Closet, Renovated, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Stories: 19
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Woodwork Painted: Yes

Exterior Features

  • View: Gulf, Bay
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Block, Foundation On Piling, Roof Metal, Steel, Stucco
  • Exterior Features: Balcony, Hot Tub, Pool - Heated, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Covered, Deeded
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Deeded: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Elevators, Pool, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 2011.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Management, Other Utilities, Security, Sewer, Water, Trash

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-2316-0000-1503
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6936.68
  • Tax Year: 2013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2014
Closed on
Apr 30, 2015
Sold by
Hinz Thomas W and Hinz Martha Nell
Bought by
Seller's Agent
ecn.rets.e2578
ecn.rets.RETS_OFFICE
Buyer's Agent
ecn.rets.e2578
ecn.rets.RETS_OFFICE
List Price
$725,000
Sold Price
$725,000
Current Estimated Value
$1,419,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$694,336
Avg. Annual Appreciation
6.06%
Original Mortgage
$545,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 3, 2003
Sold by
Silber Sigmund and Silber Rom Esther
Bought by
Hinz Thomas W and Hinz Martha Nell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.1%
Mortgage Type
Balloon
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Destin, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$725,000 Mcneese Title Llc
Hinz Thomas W $630,000 Dune Title Company Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $850,000
Closed Florendo Kelly J $700,000
Closed Florendo Kelly J $545,000
Previous Owner Hinz Thomas W $228,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/30/2015 04/30/15 Sold $725,000 0.0% $405 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
05/31/2014 05/31/14 For Sale $725,000 -- $405 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,811 $1,150,000 $1,150,000
2024 $11,504 $1,150,000 $1,150,000
2023 $11,504 $1,100,000 $0 $1,100,000
2022 $9,558 $820,000 $0 $820,000
2021 $8,693 $700,000 $0 $700,000
2020 $8,133 $650,000 $0 $650,000
2019 $8,245 $650,000 $0 $650,000
2018 $7,897 $615,000 $0 $0
2017 $7,894 $604,000 $0 $0
2016 $7,846 $604,000 $0 $0
2015 $7,843 $592,000 $0 $0
2014 -- $577,000 $0 $0
Source: Public Records

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 706636

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2316-0000-1503

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