NOT LISTED FOR SALE

Estimated Value: $3,288,669 - $3,670,000

9 Beds
9.5 Baths
5,856 Sq Ft
$593/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2024

Last sale price $3,600,000 $615 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $21,416 / mo

126 Days on Market

Highlights

  • Parking available for a boat
  • Fitness Center
  • Gulf View
  • Van R. Butler Elementary School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of March 2024

NEW FULLY FURNISHED AND TURN KEY RENTAL WITH 423K in bookings! A professionally designed turnkey rental opportunity unlike any other on the coast! Every detail has been thought of for the savvy investor to just take over. Seller will manage for 1 yr at 5%. Perched just blocks away, this home offers a front-row seat to one of nature's most breathtaking spectacles - the Gulf view. This 5800+ SQ FT luxury home is a testament to the art of coastal renting. Embrace the tranquil beauty of the Gulf and make this piece of coastal paradise your own. The backyard features a heated pool/spa, putting green, and gas grill. Step inside to find an entertainment room including games and pool table, work out room, and 8 ensuites, plus a bunk room. All furnishings and golf cart convey. Don't miss out! This custom-built home showcases the finest craftsmanship and attention to detail, with soaring ceilings, exquisite finishes, and an open-concept design that allows natural light to flood every corner. The gourmet kitchen is a chef's delight, boasting high-end appliances, quartz countertops, and a center island that beckons for gatherings. A private backyard oasis features a heated pool, a spa, and lush landscaping, creating a serene retreat for relaxation and entertainment for guests.

Last Agent to Sell the Property

Alysha Neidert

Five Star Properties RE FL Inc License #3343146 Listed on: 09/25/2023

Last Buyer's Agent

Christopher Harper

Realjoy Properties

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,424

Year Built

  • Built in 2023

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 55 x 185
  • Property fronts a county road
  • Fenced

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Automatic Garage Door Opener
  • Parking available for a boat

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Concrete Siding
  • Vinyl Trim
  • Stucco

Interior Spaces

  • 5,856 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Shelving
  • Vaulted Ceiling
  • Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Living Room
  • Recreation Room
  • Home Gym
  • Gulf Views

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Built-In Bunk Beds

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Built-In Barbecue
  • Porch

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Multiple Water Heaters

Listing and Financial Details

  • Assessor Parcel Number 30-2S-21-42980-000-0010

Community Details

Overview

  • Payne Street Cottages Subdivision

Amenities

  • Community Barbecue Grill
  • Game Room
  • Elevator

Recreation

  • Fitness Center
  • Exercise Course
  • Community Pool
  • Community Whirlpool Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,424

Year Built

Built in 2023

Lot Details

10,019 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 55 x 185
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Payne Street Cottages
  • Directions: From Scenic 98 turn onto Ellis. Go to 2nd stop sign until you reach Payne Street then turn right. Home is on the right.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2023
  • ResoBuildingAreaSource: Appraiser
  • Remarks Misc:Remarks: NEW FULLY FURNISHED AND TURN KEY RENTAL WITH 423K in bookings! A professionally designed turnkey rental opportunity unlike any other on the coast! Every detail has been thought of for the savvy investor to just take over. Seller will manage for 1 yr at 5%. Perched just blocks away, this home offers a front-row seat to one of nature's most breathtaking spectacles - the Gulf view. This 5800+ SQ FT luxury home is a testament to the art of coastal renting. Embrace the tranquil beauty of the Gulf and make this piece of coastal paradise your own. The backyard features a heated pool/spa, putting green, and gas grill. Step inside to find an entertainment room including games and pool table, work out room, and 8 ensuites, plus a bunk room. All furnishings and golf cart convey. Don't miss out!
  • 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
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Foyer: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Heat - Two or More: Yes
  • Energy:Water Heater - Two: Yes
  • Rooms:Exercise Room2: Yes
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Range Hood, Refrigerator, Stove/Oven Gas, Washer
  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Interior Amenities: Ceiling Raised, Elevator, Fireplace, Furnished - All, Hallway Bunk Beds, Kitchen Island, Owner's Closet, Shelving, Washer/Dryer Hookup
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Interior:Elevator: Yes
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes
  • Appliances:Freezer: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Shelving: Yes
  • Interior:Fireplace: Yes
  • Interior:Hallway Bunk Beds: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Concrete, Roof Metal, Stucco, Trim Vinyl
  • Exterior Features: Balcony, BBQ Pit/Grill, Deck Open, Pool - In-Ground, Porch, Porch Open
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Porch Open: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Boat, Oversized
  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: Yes
  • Parking Features:Boat: Yes
  • Farm Info:Garage4: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Elevators, Exercise Room, Game Room, Pool, Whirlpool

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 30-2S-21-42980-000-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres
  • Lot Features Coastal Barrier Zone: No

Tax Info

  • Tax Annual Amount: 2423.72
  • Tax Year: 2022

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
Sep 25, 2023
Closed on
Mar 14, 2024
Sold by
Hall William Russell
Bought by
Seller's Agent
Alysha Neidert
Five Star Properties RE FL Inc
Buyer's Agent
Christopher Harper
Realjoy Properties
List Price
$3,750,000
Sold Price
$3,600,000
Premium/Discount to List
-$150,000
-4%
Views
123
Current Estimated Value
$3,488,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$111,845
Avg. Annual Appreciation
-1.46%
Original Mortgage
$2,340,000
Outstanding Balance
$2,106,298
Interest Rate
5.9%
Mortgage Type
New Conventional
Estimated Equity
$1,365,119

Purchase Details

Listed on
Jun 26, 2023
Closed on
Jul 17, 2023
Sold by
Norman R Mclean Revocable Trust
Bought by
Hall William Russell
Seller's Agent
Jeremy Ramsey
Five Star Properties RE FL Inc
Buyer's Agent
Alysha Neidert
Keller Williams Realty Destin
List Price
$3,199,000
Sold Price
$3,100,000
Premium/Discount to List
-$99,000
-3.09%
Views
123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.43%
Original Mortgage
$2,480,000
Interest Rate
6.71%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Miramar Beach, FL

See All Agents

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
$3,600,000 Aqua Title Services
Agrawal Amit $100 Aqua Title Services
Hall William Russell $3,100,000 Burke Law And Title
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 $2,340,000
Previous Owner Hall William Russell $2,480,000
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
03/15/2024 03/15/24 Sold $3,600,000 -3.4% $615 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
11/23/2023 11/23/23 Price Changed $3,725,000 -0.7% $636 / Sq Ft
09/25/2023 09/25/23 For Sale $3,750,000 -- $640 / 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 $26,035 $2,881,322 $225,000 $2,656,322
2024 $1,817 $2,683,491 $225,000 $2,458,491
2023 $1,817 $199,992 $199,992 $0
2022 $2,057 $221,991 $221,991 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 933125

Emerald Coast Association of REALTORS®

APN: 30-2S-21-42980-000-0010

Your Personal Tour Guide

Ask me questions while you tour the home.