NOT LISTED FOR SALE

106 Beach Dr E Miramar Beach, FL 32550

Estimated Value: $5,228,000 - $5,766,000

6 Beds
8.5 Baths
6,485 Sq Ft
$849/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $5,600,000 $864 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $32,424/month

62 Days on Market

Highlights

  • Beach
  • Home Theater
  • Gulf View
  • Van R. Butler Elementary School Rated A-
  • In Ground Pool
  • 0.33 Acre Lot

About This Home

As of July 2024

Welcome to 106 E Beach Drive, a coastal haven that redefines luxury living. This remarkable residence has a masterful vertical footprint with three stories of elegant design and a crowning fourth-floor rooftop deck yielding panoramic Gulf views while offering 6,480 square feet of pure opulence. Boasting 6 bedrooms and 8.5 full baths, this property is an embodiment of coastal chic design, nestled on a substantial 1/3 acre lot adjacent to the pristine Gulf of Mexico beaches. Heavily amenitized, notable features include a four car garage, massive resort style pool and adjoining spa, exemplary outdoor living, private movie theatre and in-home elevator. Prepare to be captivated by unobstructed 180-degree Gulf views that grace each level and culminate in the rooftop deck. Please reach out to us today for the cost-to-own and rental projection figures for the property.

Last Agent to Sell the Property

Spears Group

Compass Listed on: 03/29/2024

Compass

Last Buyer's Agent

Mackenze Bowman

ERA American Real Estate License #3496348

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,239

Year Built

  • Built in 2017

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 148x56x154x94
  • Back Yard Fenced
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Automatic Garage Door Opener
  • Guest Parking

Home Design

  • Beach House
  • Exterior Columns
  • Stucco

Interior Spaces

  • 6,485 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Partially Furnished
  • Home Theater Equipment
  • Shelving
  • Crown Molding
  • Wainscoting
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Plantation Shutters
  • Bay Window
  • Family Room
  • Living Room
  • Dining Area
  • Home Theater
  • Loft
  • Gulf Views
  • Fire and Smoke Detector
  • Exterior Washer Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 34-2S-21-42090-010-0100

Community Details

Overview

  • Association fees include master
  • Gulf Pines 3Rd Addn Subdivision
  • The community has rules related to covenants

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,239

Year Built

Built in 2017

Lot Details

0.33 Acres

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Lot Size: 148x56x154x94
  • Road Surface Type: Paved
  • Subdivision Name: GULF PINES 3RD ADDN
  • Directions: As you enter Gulf Pines neighborhood onto Beach Drive North, from US Highway 98, follow it all the way until you have to take a left or right. Take a left onto Beach Drive East, and the home will be the last on your right; on the corner.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2017
  • ResoBuildingAreaSource: Appraiser
  • Remarks Misc:Remarks: Welcome to 106 E Beach Drive, a coastal haven that redefines luxury living. This remarkable residence has a masterful vertical footprint with three stories of elegant design and a crowning fourth-floor rooftop deck yielding panoramic Gulf views while offering 6,480 square feet of pure opulence. Boasting 6 bedrooms and 8.5 full baths, this property is an embodiment of coastal chic design, nestled on a substantial 1/3 acre lot adjacent to the pristine Gulf of Mexico beaches. Heavily amenitized, notable features include a four car garage, massive resort style pool and adjoining spa, exemplary outdoor living, private movie theatre and in-home elevator. Prepare to be captivated by unobstructed 180-degree Gulf views that grace each level and culminate in the rooftop deck.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Rooms:Loft: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Family Room: Yes
  • Rooms:Home Theater: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Ice Machine, Microwave, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Wine Refrigerator
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Interior Amenities: Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Ceiling Vaulted, Elevator, Fireplace, Floor Hardwood, Floor Tile, Furnished - Some, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Plantation Shutters, Shelving, Walls Wainscoting, Washer/Dryer Hookup, Window Bay, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Shelving: Yes
  • Appliances:Oven Double: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Fireplace: Yes
  • Interior:Window Bay: Yes
  • Interior:Walls Wainscoting: Yes

Exterior Features

  • Lot Features: Corner, Covenants, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Deck Open, Fenced Back Yard, Patio Covered, Patio Open, Pool - In-Ground, Porch, Shower, Sprinkler System, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • Lot Features:Corner: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage, Guest, Oversized
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: Yes
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Waterfront
  • Association #2 Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Master Association

Schools

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

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Parcel #: 34-2S-21-42090-010-0100
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 35239.08
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Jul 1, 2024
Sold by
Rea Investments Llc
Bought by
Thompson Gilbert Patrick and Thompson Peggy Warner
Seller's Agent
Spears Group
Compass
Buyer's Agent
Mackenze Bowman
ERA American Real Estate
List Price
$5,999,999
Sold Price
$5,600,000
Premium/Discount to List
-$399,999
-6.67%
Views
34
Current Estimated Value
$5,508,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$91,058
Avg. Annual Appreciation
-0.95%
Original Mortgage
$3,500,000
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 22, 2019
Closed on
Jul 26, 2019
Sold by
Tate Jeffrey and Tate Terri M
Bought by
Rea Investments Llc
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Spears Group
Scenic Sotheby's International Realty
List Price
$3,600,000
Sold Price
$3,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%

Purchase Details

Closed on
Jan 2, 2014
Sold by
Corporate Comfort Llc
Bought by
Tate Jeffrey and Tate Terri M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4.25%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Thompson Gilbert Patrick $5,600,000 Championship Title
Rea Investments Llc $3,600,000 Aqua Title Services
Tate Jeffrey $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Thompson Gilbert Patrick $3,500,000
Previous Owner Tate Jeffrey $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2024 07/03/24 Sold $5,600,000 -6.7% $864 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $5,999,999 +66.7% $925 / Sq Ft
07/26/2019 07/26/19 Sold $3,600,000 0.0% $601 / Sq Ft View Prior Sale
04/24/2019 04/24/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $3,600,000 -- $601 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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 $44,819 $4,960,172 $1,260,000 $3,700,172
2024 $35,042 $4,250,543 $1,012,500 $3,238,043
2023 $35,042 $3,332,174 $0 $0
2022 $35,239 $4,663,417 $793,859 $3,869,558
2021 $28,228 $3,082,274 $631,234 $2,451,040
2020 $24,991 $2,503,512 $577,500 $1,926,012
2019 $16,700 $1,681,557 $401,762 $1,279,795
2018 $16,176 $1,622,254 $0 $0
2017 $3,717 $375,058 $375,058 $0
2016 $3,609 $360,632 $0 $0
2015 $3,426 $337,040 $0 $0
2014 $1,933 $197,019 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 946014

Emerald Coast Association of REALTORS®

APN: 34-2S-21-42090-010-0100

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