NOT LISTED FOR SALE

109 Sibert Ave Unit A Destin, FL 32541

Estimated Value: $486,000 - $890,837

3 Beds
2 Baths
2,700 Sq Ft
$283/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $359,000 $133 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $4,806/month

18 Days on Market

Highlights

  • Parking available for a boat
  • 0.76 Acre Lot
  • Porch
  • Destin Elementary School Rated A-
  • Florida Architecture
  • 4-minute walk to Captain Leonard Destin Park

About This Home

As of October 2015

Unique Opportunity to own an old Destin homestead on a large .76 acre High & Dry lot with 2 homes on site. The front house was built in 1945 and is 3-bed/2-bath & 1080 sq/ft, bringing in rental income of $925 a month. The Main house was buit in 1995 measuring in at 1620 sq/ft. with 3-bed/2-bath, 2 car garage and covered back porch. There is a storage / well house on property. This area has been rezoned ROI-GD allowing for single family, multi family, or multiple commercial uses including but not limited to specific retail uses (books, clothes, music, florist, office supplies), real estate services, finance or insurance, janitorial, educational, hospital, day care, nursing care, religious, ambulatory, veterinary, janitorial, laundry, pet care. Full ROI-GD sheet attached in Documents

Last Agent to Sell the Property

Lisa Snuggs

The Lisa Snuggs Real Estate Group License #3191272 Listed on: 08/05/2015

Last Buyer's Agent

Brad Shoults

RE/MAX Southern Realty License #3252126

RE/MAX Southern Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,821

Year Built

  • Built in 1995

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 130x305x121x250
  • Back Yard Fenced
  • Level Lot
  • Property is zoned Commercial, Resid

Parking

  • 2 Car Attached Garage
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Florida Architecture
  • Brick Exterior Construction
  • Off Grade Structure
  • Masonite

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Private Company Owned Well
  • Well
  • Gas Water Heater

Community Details

  • Calhoun S/D To Destin Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0310-000D-0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,821

Year Built

Built in 1995

Lot Details

0.76 Acres

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.76
  • Lot Size: 130x305x121x250
  • Road Frontage Type: City Street
  • Subdivision Name: CALHOUN S/D TO DESTIN
  • Directions: From Hwy 98 at the foot of the Destin Bridge go NORTH and veer right onto Sibert Ave. Property is on the LEFT.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1995
  • Remarks Misc:Remarks: Unique Opportunity to own an old Destin homestead on a large .76 acre High & Dry lot with 2 homes on site. The front house was built in 1945 and is 3-bed/2-bath & 1080 sq/ft, bringing in rental income of $925 a month. The Main house was buit in 1995 measuring in at 1620 sq/ft. with 3-bed/2-bath, 2 car garage and covered back porch. There is a storage / well house on property. This area has been rezoned ROI-GD allowing for single family, multi family, or multiple commercial uses including but not limited to specific retail uses (books, clothes, music, florist, office supplies), real estate services, finance or insurance, janitorial, educational, hospital, day care, nursing care, religious, ambulatory, veterinary, janitorial, laundry, pet care. Full ROI-GD sheet attached in Documents
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Dining Room: Yes
  • Utilities:Private Well: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Water Heater - Gas: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator W/IceMk, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Fireplace Gas
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Fireplace Gas: Yes

Exterior Features

  • Lot Features: Level, Within 1/2 Mile to Water
  • Construction Type: Brick, Foundation Off Grade, Masonite
  • Exterior Features: Fenced Back Yard, Porch
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Exterior:Fenced Back Yard: Yes
  • ConstructionSiding:Brick: Yes
  • ConstructionSiding:Foundation Off Grade: Yes
  • ConstructionSiding:Masonite: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Boat, RV
  • Parking Features:Garage Attached: Yes
  • Parking Features:Boat: Yes
  • Parking Features:RV: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Private Well, Public Water

Schools

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

Lot Info

  • Lot Size Sq Ft: 33105.6
  • Parcel #: 00-2S-22-0310-000D-0030
  • Zoning: Commercial, Resid
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1821.07
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2021
Sold by
Destin Bay House Cottages Llc
Bought by
Ldv Land Development Llc
Current Estimated Value
$765,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Outstanding Balance
$250,449
Interest Rate
3.11%
Mortgage Type
Seller Take Back
Estimated Equity
$514,760

Purchase Details

Listed on
Aug 5, 2015
Closed on
Oct 30, 2015
Sold by
Wells Jo Ann and Wells Douglas Gilbert
Bought by
Destin Bay House Cottages Llc
Seller's Agent
Lisa Snuggs
The Lisa Snuggs Real Estate Group
Buyer's Agent
Brad Shoults
RE/MAX Southern Realty
List Price
$359,000
Sold Price
$359,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$287,200
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 12, 2014
Sold by
Wells Jo Ann
Bought by
Wells Jo Ann and Wells Douglas Gilbert
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
Ldv Land Development Llc $750,000 Mcneese Title
Destin Bay House Cottages Llc $359,000 Mcneese Title Llc
Wells Jo Ann -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ldv Land Development Llc $274,000
Previous Owner Destin Bay House Cottages Llc $287,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $359,000 0.0% $133 / Sq Ft
08/23/2015 08/23/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $359,000 0.0% $133 / Sq Ft
03/15/2014 03/15/14 Rented $925 0.0% --
03/15/2014 03/15/14 Under Contract -- -- --
02/04/2014 02/04/14 For Rent $925 -- --
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 $9,888 $834,860 $408,195 $426,665
2024 $9,482 $831,595 $396,286 $435,309
2023 $9,482 $793,699 $370,484 $423,215
2022 $8,880 $736,845 $336,744 $400,101
2021 $6,299 $571,633 $243,130 $328,503
2020 $5,822 $527,546 $231,553 $295,993
2019 $4,956 $411,902 $139,506 $272,396
2018 $4,723 $399,461 $0 $0
2017 $3,236 $247,609 $0 $0
2016 $3,083 $237,381 $0 $0
2015 $1,861 $177,298 $0 $0
2014 $1,821 $172,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 735630

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0310-000D-0030

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