NOT LISTED FOR SALE

Estimated Value: $741,379 - $812,000

3 Beds
2 Baths
1,571 Sq Ft
$592/mo HOA Fee

Last Sold December 10, 2018

Last sale price $465,000 $296 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,283/month

209 Days on Market

Highlights

  • Beach
  • Fitness Center
  • Sitting Area In Primary Bedroom
  • Property fronts gulf or ocean
  • In Ground Pool
  • Updated Kitchen

About This Home

As of December 2018

Relax and enjoy the beach life at this Gulf front fully furnished 3 bedroom, 2 bath residence. Enjoy family and friends on your private balcony overlooking the beautiful white sands and blue waters of the Gulf of Mexico. Among the many features of this residence are upgraded granite counter tops in the kitchen and wet bar area, a new microwave, a new king size bed in the master bedroom, and a new HVAC system. This unit has custom window treatments and a flat screen TV in all three bedrooms as well as the living area. The Palacio complex offers on site management with a full time maintenance department, a Gulf Front pool, a heated lap pool, lighted tennis courts, exercise room with state of the art equipment, and community room. There is parking under the complex for a limited number of owners as well as a parking lot. Palacio has a front door keypad for restricted building access. Whether you are seeking a vacation home, primary residence, or an investment property, Palacio will exceed all of your expectations!

Last Agent to Sell the Property

Rhonda Landrum

POINTE SOUTH Listed on: 04/24/2018

Last Buyer's Agent

Frank Malone

Bellator Real Estate & Development, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,139

Year Built

  • Built in 2001

Lot Details

HOA Fees

  • $592 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,571 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Updated Kitchen
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Jetted Tub in Primary Bathroom
  • Soaking Tub
  • 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

  • Assessor Parcel Number 353S324200000015

Community Details

Overview

  • Association fees include cable TV, ground maintenance, insurance, maintenance, 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

$5,139

Year Built

Built in 2001

Lot Details

0

HOA Fees

$592 per month

Listing Details

  • Parcel Number: 353S324200000015
  • Property Type: Residential
  • Year Built: 2001
  • Electric: Circuit Breakers
  • Property Sub Type: Condo
  • Horses: No
  • Lot Size Acres: 4
  • Subdivision Name: Palacio
  • Directions: Between Perdido Sun and Indigo on Perdido Key Drive.
  • Architectural Style: Contemporary
  • Building Name: Palacio At Perdido
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 8 or More Story
  • New Construction: No
  • Special Features: None

Interior Features

  • Spa Features: Bath, Community
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile, Carpet
  • Living Area: 1571
  • 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: Updated, Granite Counters
  • Room Master Bedroom Area: 260
  • Master Bathroom Features: Double Vanity, Soaking Tub, Jetted Tub, Separate Shower, Tile, Water Closet, Walk-In Closet(s)

Exterior Features

  • Roof: Built-Up
  • Pool Features: In Ground
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Gulf, Waterfront, Beach Access
  • Waterfront: 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
  • 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: 7108.44
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association, Cable TV, Maintenance Grounds, Insurance, Maintenance, 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
Jun 12, 2020
Sold by
Randolph Robert H and Randolph Candi
Bought by
Randolph Robert H and Randolph Candi W
Current Estimated Value
$782,345

Purchase Details

Listed on
Apr 24, 2018
Closed on
Dec 7, 2018
Sold by
Neureither Lawrence J and Randall Mary E
Bought by
Randolph Robert H and Randolph Candi
Seller's Agent
Rhonda Landrum
POINTE SOUTH
Buyer's Agent
Frank Malone
Bellator Real Estate & Development, LLC
List Price
$479,000
Sold Price
$465,000
Premium/Discount to List
-$14,000
-2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%

Purchase Details

Listed on
Jan 2, 2013
Closed on
May 30, 2013
Sold by
Brooklet Properties Llc
Bought by
Neureither Lawrence J and Randall Mary E
Seller's Agent
Michael Ricketts
MIKE RICKETTS REALTY INC.
Buyer's Agent
Rhonda Landrum
POINTE SOUTH
List Price
$339,000
Sold Price
$330,500
Premium/Discount to List
-$8,500
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$231,350
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2008
Sold by
Elarbee Bettie Jane and Elarbee Bette J
Bought by
Brooklet Properties Llc
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
Randolph Robert H -- Attorney
Randolph Robert H $465,000 Attorney
Neureither Lawrence J $330,500 Attorney
Brooklet Properties Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neureither Lawrence J $231,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $465,000 -2.9% $296 / Sq Ft
11/18/2018 11/18/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $479,000 +44.9% $305 / Sq Ft
05/31/2013 05/31/13 Sold $330,500 -2.5% $210 / Sq Ft
05/03/2013 05/03/13 Pending -- -- --
12/28/2012 12/28/12 For Sale $339,000 -- $216 / 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 $5,139 $436,007 -- --
2023 $5,139 $423,308 $0 $0
2022 $5,087 $410,979 $0 $0
2021 $5,093 $399,009 $0 $0
2020 $4,952 $393,500 $0 $0
2019 $4,995 $393,500 $0 $0
2018 $4,879 $354,150 $0 $0
2017 $4,380 $297,000 $0 $0
2016 $4,454 $297,000 $0 $0
2015 $4,143 $273,000 $0 $0
2014 $4,098 $267,146 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 534781

Pensacola Association of REALTORS®

APN: 35-3S-32-4200-000-015