NOT LISTED FOR SALE

Estimated Value: $6,015,967 - $6,979,000

5 Beds
5.5 Baths
3,914 Sq Ft
$1,610/Sq Ft Est. Value

Sale Details

Date Sold: August 16, 2022

Last sale price $7,225,000 $1,846 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $38,269 / mo

7 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Heated In Ground Pool
  • Dune Lakes Elementary School Rated A-
  • Fitness Center
  • Fishing

About This Home

As of August 2022

Every so often, a truly remarkable ownership experience presents itself along the Emerald Coast and this 3,900-sq.-ft.-plus retreat presiding over gulf views and protected sand dunes is befitting of the title. It has been exquisitely maintained as a second home, offering a turnkey escape for those looking for solace at the beach. Epitomizing both Nantucket-inspired design as well as a southern Craftsman-style build, this WaterSound Beach gem is replete with multiple outdoor living spaces that combine to exceed 1,600 square feet of porches, a watch tower with gulf views and a private saltwater pool with nearby summer kitchen. Inside is a mix of warm wood flooring, cool granite and limestone countertops for an elevated living experience. The kitchen is finished with Thermador appliances and a butler's pantry, flowing into a living room with beamed ceilings and a fireplace. The four bedrooms are spacious including a lush owner's suite that features a sitting area with gulf views and a spa-like en suite bath. A bunk room that sleeps four and a two-car garage add additional sleeping accommodations and conveniences. WaterSound Beach is a captivating coastal community connected by winding wooden boardwalks and trails in an idyllic setting that includes access to the sandy white beaches, a neighborhood swimming pool, green spaces, golf courses and all of the shopping, dining, entertainment and attractions available in South Walton.

Last Agent to Sell the Property

Richard Barnett

Scenic Sotheby's International Realty License #3192532 Listed on: 06/28/2022

Scenic Sotheby's International Realty

Last Buyer's Agent

Susan Kadi

Corcoran Reverie SRB License #3318670

Corcoran Reverie SRB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,073

Year Built

  • Built in 2016

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 56x105
  • Property fronts a private road
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $430 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Golf Cart Parking

Home Design

  • Florida Architecture
  • Off Grade Structure
  • Frame Construction
  • Shingle Roof
  • Shake Siding
  • Wood Trim

Interior Spaces

  • 3,914 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Furnished
  • Built-in Bookshelves
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Great Room
  • Dining Room
  • Screened Porch
  • Gulf Views
  • Fire Sprinkler System

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Painted or Stained Flooring
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Dressing Area
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Open Patio
  • Outdoor Kitchen
  • Built-In Barbecue

Schools

  • Dune Lakes Elementary School
  • Seaside Middle School
  • South Walton High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16022-000-0190

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, management, master, recreational faclty, security, cable TV, trash
  • Watersound Beach Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Meeting Room

Recreation

  • Beach
  • Fitness Center
  • Exercise Course
  • Community Pool
  • Fishing

Security

  • Gated Community
  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,073

Year Built

Built in 2016

Lot Details

5,227 Sq Ft Lot

HOA Fees

$430 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: 56x105
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERSOUND BEACH
  • Directions: Enter through main gate, turn left on Boat Wright Way and then left on Compass Point
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2016
  • Remarks Misc:Remarks: Every so often, a truly remarkable ownership experience presents itself along the Emerald Coast and this 3,900-sq.-ft.-plus retreat presiding over gulf views and protected sand dunes is befitting of the title. It has been exquisitely maintained as a second home, offering a turnkey escape for those looking for solace at the beach. Epitomizing both Nantucket-inspired design as well as a southern Craftsman-style build, this WaterSound Beach gem is replete with multiple outdoor living spaces that combine to exceed 1,600 square feet of porches, a watch tower with gulf views and a private saltwater pool with nearby summer kitchen. Inside is a mix of warm wood flooring, cool granite and limestone countertops for an elevated living experience.
  • 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
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Rooms:Great Room: Yes
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Dryer, Fire Alarm/Sprinkler, Ice Machine, Microwave, Range Hood, Refrigerator, Stove/Oven Dual Fuel, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Raised, Fireplace 2+, Fireplace Gas, Floor Hardwood, Floor Marble, Furnished - All, Kitchen Island, Lighting Recessed, Washer/Dryer Hookup, Wet Bar, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Ice Machine: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Appliances:StoveOven Dual Fuel: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Floor Marble: Yes
  • Interior:Ceiling Beamed: Yes
  • Interior:Fireplace 2: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Foundation Off Grade, Frame, Roof Shingle/Shake, Shake Siding, Trim Wood
  • Exterior Features: BBQ Pit/Grill, Fenced Back Yard, Fireplace, Patio Open, Pool - Heated, Pool - In-Ground, Porch Screened, Shower, Sprinkler System, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Siding Shake: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Pool - Heated: Yes
  • ConstructionSiding:Roof ShingleShake: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Foundation Off Grade: Yes
  • Exterior:Fireplace2: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Golf Cart Enclosed
  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Golf Cart Enclosed: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Exercise Room, Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, TV Cable, Waterfront
  • Association #2 Fee: 1290.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Management, Master Association, Recreational Faclty, Security, Cable TV, Trash

Schools

  • Elementary School: Dune Lakes
  • High School: South Walton
  • Middle Or Junior School: Seaside

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 20-3S-18-16022-000-0190
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 29072.82
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Aug 16, 2022
Sold by
Vfrm Llc
Bought by
3086 Investments Ii Llc
Seller's Agent
Richard Barnett
Scenic Sotheby's International Realty
Buyer's Agent
Susan Kadi
Corcoran Reverie SRB
List Price
$7,500,000
Sold Price
$7,225,000
Premium/Discount to List
-$275,000
-3.67%
Current Estimated Value
$6,300,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$924,508
Avg. Annual Appreciation
-3.59%
Original Mortgage
$4,335,000
Outstanding Balance
$4,085,693
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$2,214,799

Purchase Details

Closed on
May 2, 2014
Sold by
The St Joe Company
Bought by
Vfrm Llc
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

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
3086 Investments Ii Llc $7,225,000 Porach & Associates Pa
Vfrm Llc $485,000 None Available
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 3086 Investments Ii Llc $4,335,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2022 08/16/22 Sold $7,225,000 -3.7% $1,846 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $7,500,000 +162.7% $1,916 / Sq Ft
01/26/2016 01/26/16 Sold $2,855,000 0.0% $776 / Sq Ft View Prior Sale
06/03/2014 06/03/14 For Sale $2,855,000 -- $776 / Sq Ft
03/22/2014 03/22/14 Pending -- -- --
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 $50,857 $5,628,483 $1,617,000 $4,011,483
2024 $51,468 $5,623,813 $1,612,330 $4,011,483
2023 $51,468 $5,664,339 $1,612,330 $4,052,009
2022 $34,680 $4,690,782 $1,789,616 $2,901,166
2021 $29,073 $3,388,262 $1,252,294 $2,135,968
2020 $27,439 $3,096,887 $1,041,538 $2,055,349
2019 $24,231 $2,702,274 $875,500 $1,826,774
2018 $22,910 $2,611,632 $0 $0
2017 $18,644 $1,962,703 $0 $0
2016 $5,645 $607,500 $0 $0
2015 $4,780 $470,250 $0 $0
2014 -- $13,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 902334

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16022-000-0190

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