NOT LISTED FOR SALE

Mainsail Resort West 114 Mainsail Dr Unit 286 Miramar Beach, FL 32550

Miramar Beach Neighborhood

Estimated Value: $602,736 - $723,000

2 Beds
2 Baths
956 Sq Ft
$864/mo HOA Fee

Last Sold August 11, 2023

Last sale price $650,000 $680 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,502/month

168 Days on Market

Highlights

  • Beach Front
  • Beach
  • Gated Community
  • Van R. Butler Elementary School Rated A-
  • Gulf View
  • Vaulted Ceiling

About This Home

As of August 2023

This beautiful top floor vacation rental is within Mainsails 15 acre beachfront family resort. It has accommodations for 6 with two bedrooms, two bathrooms and a sleep sofa. A corner window will captivate you as it looks out over the pool, resort grounds and to the glittering gulf. Two sliding glass doors lead to the spacious balcony. Wall mounted TVs, a raised square table, four bar stools vaulted ceilings with sky lights that you can only get with a top floor unit are just a few of the comforts you'll enjoy. The bright open kitchens has new appliances and is fully supplied with all the conveniences of home. The master has a flat screen TV, king bed, ensuite bath and sliding door to the balcony, The guest bedroom has a flat screen TV, queen bed, private door to the bath and a window. Mainsail has two pools, One viewed from the unit has a waterfall, hot tub and kids pool. Another is located to the north side of the resort and is heated from November to March. It has a fitness center that overlooks the pool and has a shower, dressing area and sauna. The unit also has a separate ground level storage space included.
In 2022 this unit produced $40,371.00 in rental income and already has $13,068 on the books now with Ocean Reef Resort Management. You can view these at OceanReefResort,com These bookings will have to be honored by the new owner,
The building was completely updated in 2021 and 2022 which included structural and stucco repairs, waterproofing and new paint. All assessments have been paid.

Last Agent to Sell the Property

Troy Page

Coastal Realty Partners License #3061086 Listed on: 06/26/2023

Last Buyer's Agent

Shannyn Stevenson

Newman Dailey Resort Properties License #691585

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,126

Year Built

  • Built in 1985

Lot Details

HOA Fees

  • $864 Monthly HOA Fees

Parking

  • 2 Covered Spaces

Home Design

  • Concrete Siding
  • Stucco

Interior Spaces

  • 956 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

Schools

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

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 33-2S-21-42450-000-2860

Community Details

Overview

  • Association fees include ground keeping, insurance, recreational faclty, security, sewer, water, trash
  • Mainsail Condo Ph 5 Subdivision
  • 9-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Game Room
  • Recreation Room
  • Elevator
  • Community Storage Space

Recreation

  • Beach
  • Community Whirlpool Spa

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,126

Year Built

Built in 1985

Lot Details

0

HOA Fees

$864 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: MAINSAIL CONDO PH 5
  • Directions: Traveling East on Hwy 98, take the immediate right AFTER the Scenic Hwy 98 Light at the Silver Sands Outlets. Turn Left at the stop sign and head to the gate. Turn Right at the gate. The building is on the Left side closest to the Gulf.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1985
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Waterfront:Shore - Beach: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Ceiling Vaulted, Furnished - All, Washer/Dryer Hookup
  • Stories: 9
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Vaulted: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf, Shore - Beach, Shore - Natural
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • Covered Parking Spaces: 2.0
  • General Property Info:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Elevators, Exercise Room, Game Room, Gated Community, Pool, Sauna/Steam Room, Separate Storage, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 2591.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Insurance, Recreational Faclty, Security, Sewer, Water, Trash

Schools

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

Lot Info

  • Parcel #: 33-2S-21-42450-000-2860
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3125.67
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Aug 11, 2023
Sold by
Farr Joe T and Farr Deana Lemaster
Bought by
Eileen Hulse January 14 2005 Trust and Hulse
Seller's Agent
Troy Page
Coastal Realty Partners
Buyer's Agent
Shannyn Stevenson
Newman Dailey Resort Properties
List Price
$669,900
Sold Price
$650,000
Premium/Discount to List
-$19,900
-2.97%
Views
51
Current Estimated Value
$607,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,389
Avg. Annual Appreciation
-3.18%
Original Mortgage
$230,000
Outstanding Balance
$225,789
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$383,736

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 31, 2021
Sold by
Hails Kenyon A and Hails Cynthia C
Bought by
Farr Joe T and Lemaster Deana
Seller's Agent
The Destin/Kirkland Team
EXP Realty LLC
Buyer's Agent
Troy Page
Coastal Realty Partners
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.50%
Original Mortgage
$375,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2011
Closed on
Dec 16, 2014
Sold by
Martin Robert Blake and Martin Kristin
Bought by
Hails Kenyon A and Hails Cynthia C
Seller's Agent
Susie Kirkland
LPT Realty LLC
Buyer's Agent
Susie Kirkland
RE/MAX By the Sea
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$187,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2004
Sold by
Meyer Eileen R
Bought by
Martin Robert Blake and Martin Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.75%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Eileen Hulse January 14 2005 Trust $650,000 Aqua Title Services
Farr Joe T $395,000 Virtage Title & Escrow Inc
Hails Kenyon A $250,000 Vintage Title & Escrow Inc
Martin Robert Blake $525,000 Security First Title Partner
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eileen Hulse January 14 2005 Trust $230,000
Previous Owner Farr Joe T $375,250
Previous Owner Hails Kenyon A $187,500
Previous Owner Martin Robert Blake $275,000
Previous Owner Meyer Kim G $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $650,000 -1.5% $680 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
05/31/2023 05/31/23 Price Changed $659,999 -1.5% $690 / Sq Ft
03/31/2023 03/31/23 Price Changed $669,900 0.0% $701 / Sq Ft
03/31/2023 03/31/23 For Sale $669,900 +0.7% $701 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
02/10/2023 02/10/23 Price Changed $665,000 -1.5% $696 / Sq Ft
01/26/2023 01/26/23 For Sale $675,000 +70.9% $706 / Sq Ft
03/31/2021 03/31/21 Sold $395,000 0.0% $413 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $395,000 +58.0% $413 / Sq Ft
03/02/2020 03/02/20 Off Market $250,000 -- --
12/17/2014 12/17/14 Sold $250,000 0.0% $262 / Sq Ft
11/05/2014 11/05/14 Pending -- -- --
04/14/2011 04/14/11 For Sale $250,000 -- $262 / 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 $3,736 $439,163 -- $439,163
2022 $3,256 $351,330 $0 $351,330
2021 $2,625 $283,932 $0 $283,932
2020 $2,347 $235,128 $0 $235,128
2019 $2,289 $230,520 $0 $230,520
2018 $2,253 $225,998 $0 $0
2017 $2,134 $215,272 $0 $215,272
2016 $2,052 $205,024 $0 $0
2015 $2,084 $205,024 $0 $0
2014 $2,013 $195,263 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Troy Page

    Coastal Realty Partners

  • Shannyn Stevenson

    Buyer's Agent in 2023

    Shannyn Stevenson

    Newman Dailey Resort Properties

    (850) 259-1874

    62 in this area

    129 Total Sales

    Section Image

  • T

    Seller's Agent in 2021

    The Destin/Kirkland Team

    EXP Realty LLC

  • S

    Seller's Agent in 2014

    Susie Kirkland

    LPT Realty LLC

    Section Image
See All Agents

About Mainsail Resort West

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 915685

Emerald Coast Association of REALTORS®

APN: 33-2S-21-42450-000-2860

Florida Walton County Miramar Beach 32550 Miramar Beach

114 Mainsail Dr Unit 286, Miramar Beach, FL

This home is located at 114 Mainsail Dr Unit 286, Miramar Beach, FL 32550 since 26 June 2023 and is currently estimated at $634,934, approximately $664 per square foot. This property was built in 1985. 114 Mainsail Dr Unit 286 is a home located in Walton County with nearby schools including Van R. Butler Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes