NOT LISTED FOR SALE

Estimated Value: $810,000 - $851,000

3 Beds
3 Baths
1,683 Sq Ft
$635/mo HOA Fee

Last Sold June 29, 2018

Last sale price $490,000 $291 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,819/month

7 Days on Market

Highlights

  • Beach
  • Fitness Center
  • Sitting Area In Primary Bedroom
  • Property fronts gulf or ocean
  • In Ground Pool
  • 4 Acre Lot

About This Home

As of June 2018

Family memories are waiting to be made in this Gulf Front furnished 3 bedroom, 3 bath residence. Enjoy entertaining family and friends on your spacious private balcony watching the sun set into the Gulf of Mexico after a fun day on the white sands of Perdido Key. Located on the 14th floor the views are fantastic! With tile flooring throughout the residence you never have to worry about sand getting into the carpet. Additional storage for your beach toys is located in a closet just outside the front door of the unit. Also included with the purchase of this residence is a 1 year "Home Warranty Plan" for peace of mind. The Palacio complex offers on site management with a full time maintenance department, beautiful Gulf Front pool and an additional heated lap pool, exercise room with state of the art equipment, community room, lighted tennis courts, under complex parking for a limited number of owners and restricted building access with a front door keypad. Investment property, second home or primary residence Palacio will exceed your expectations! Please click on the Virtual Tour link to view the unit.

Last Agent to Sell the Property

Michael Ricketts

MIKE RICKETTS REALTY INC. Listed on: 04/28/2018

Last Buyer's Agent

LaGay Fenters

POINTE SOUTH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,101

Year Built

  • Built in 2001

Lot Details

HOA Fees

  • $635 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Built-Up Roof
  • Concrete Siding
  • Steel Siding

Interior Spaces

  • 1,683 Sq Ft Home
  • Multi-Level Property
  • Wet Bar
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Storage
  • Tile Flooring

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Spa Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Parking Lot

Pool

  • In Ground Pool
  • Spa

Schools

  • Hellen Caro Elementary School
  • Bailey Middle School
  • Escambia High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 353S324200000080

Community Details

Overview

  • Association fees include ground maintenance, insurance, management, pest control, trash, water/sewer
  • Palacio Subdivision

Amenities

  • Picnic Area
  • Elevator

Recreation

  • Beach
  • Community Spa

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,101

Year Built

Built in 2001

Lot Details

0

HOA Fees

$635 per month

Listing Details

  • Parcel Number: 353S324200000080
  • Property Type: Residential
  • Year Built: 2001
  • Electric: Circuit Breakers
  • Property Sub Type: Condo
  • Horses: No
  • Lot Size Acres: 4
  • Subdivision Name: Palacio
  • Directions: 1/4 Mile south of the Baars Bridge on Perdido Key Drive between Indigo and Perdido Sun.
  • Architectural Style: Contemporary
  • Building Name: Palacio At Perdido
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 8 or More Story
  • New Construction: No
  • Kitchen Level: First
  • Special Features: VirtualTour

Interior Features

  • Spa Features: Bath, Community
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Storage, Ceiling Fan(s), Walk-In Closet(s), Wet Bar
  • Living Area: 1683
  • Window Features: Blinds, Drapes
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Living/Dining Combo
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 13
  • Master Bedroom Features: Ceiling Fan(s), Sitting Area, Walk-In Closet(s)
  • Room Kitchen Features: Not Updated, Laminate Counters, Pantry
  • Room Kitchen Area: 112
  • Room Master Bedroom Area: 260
  • Master Bathroom Features: Jetted Tub, Separate Shower

Exterior Features

  • Roof: Built-Up
  • Pool Features: In Ground
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Waterfront, Beach Access
  • Waterfront: Yes
  • Home Warranty: Yes
  • Construction Type: Concrete, Steel
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Covered, Parking Lot

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: W/D Hookups
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Pool, Community Room, Elevator, Fitness Center, Picnic Area, Tennis Court(s)
  • Association Fee: 7615.2
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association, Maintenance Grounds, Insurance, Management, Pest Control, Trash, Water/Sewer

Schools

  • Elementary School: Hellen Caro
  • High School: Escambia
  • Middle Or Junior School: Bailey

Lot Info

  • Lot Size Sq Ft: 174240
  • Zoning Description: Res Multi
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2021
Sold by
Marineau William L and Marineau Ludene R
Bought by
Marineau William L and Marineau Ludene R
Current Estimated Value
$827,388

Purchase Details

Listed on
Apr 28, 2018
Closed on
Jun 29, 2018
Sold by
Albernathy Lawrence B and Albernathy Kathy Ann
Bought by
Marineau William L and Marineau Ludene R
Seller's Agent
Michael Ricketts
MIKE RICKETTS REALTY INC.
Buyer's Agent
LaGay Fenters
POINTE SOUTH
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Source: Public Records

Range of Values:

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Average Value
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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
Marineau William L -- Accommodation
Marineau William L $490,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abernathy Lawrence B $567,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $490,000 -1.8% $291 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $499,000 -- $296 / Sq Ft
Source: Pensacola 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 $8,101 $715,700 -- $715,700
2023 $8,101 $550,162 $0 $0
2022 $7,385 $606,240 $0 $606,240
2021 $6,421 $454,680 $0 $0
2020 $6,089 $437,840 $0 $0
2019 $5,908 $421,000 $0 $0
2018 $5,632 $424,368 $0 $0
2017 $4,903 $333,500 $0 $0
2016 $4,985 $333,500 $0 $0
2015 $4,910 $333,500 $0 $0
2014 $4,409 $287,834 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 535084

Pensacola Association of REALTORS®

APN: 35-3S-32-4200-000-080