S
Seller's Agent in 2024
Spears Group
Compass
(850) 710-2114
53 in this area
363 Total Sales
138 Beach Dr W Miramar Beach, FL 32550
Estimated Value: $4,537,000 - $10,572,586
6
Beds
6.5
Baths
7,768
Sq Ft
$973/Sq Ft
Est. Value
Highlights
- Beach
- Property fronts gulf or ocean
- Heated Pool
- Van R. Butler Elementary School Rated A-
- Deeded access to the beach
- Primary Bedroom Suite
About This Home
As of November 2024Experience the epitome of coastal luxury living with this extraordinary 6-bedroom, 6.5-bathroom sanctuary, poised to generate over $650k in rental income. Embraced by 100 feet of pristine beach frontage on a generous .5-acre lot, this haven promises an unparalleled escape. Upon entry, be greeted by a grand foyer leading to an expansive first floor, boasting a game room replete with a game table, foosball table, ping pong table, arcade, and shuffleboard, ensuring endless entertainment. Adjacent, find solace in the in-home fitness center equipped with workout amenities and on-demand workouts, or retreat to the oversized garage, accommodating all your storage needs. Ascend to the second floor, the heart of the home, where an open floor plan seamlessly connects the kitchen, dining, and expansive living areas. The gourmet kitchen, adorned with premium appliances and a spacious island, invites culinary delights, while two primary bedrooms with ensuite bathrooms offer unparalleled retreats. Relax in the spacious media room or step outdoors to the Gulf-facing patio, featuring an outdoor dining area, kitchen, gas grill, and the pièce de résistancea stunning pool area boasting a sprawling deck, heated infinity pool, and rejuvenating hot tub. Venture to the third floor, where three additional primary bedrooms, each with ensuite bathrooms, await alongside an additional bunk room, ensuring ample accommodations for all. Then, proceed to the fourth floor, where two additional bunk rooms complete this coastal masterpiece. With parking for six vehicles and proximity to local attractions, this property transcends mere accommodationit offers a gateway to an extraordinary coastal lifestyle. Contact us today for rental projections & cost-to-own figures.
Last Buyer's Agent
Amanda Hurd
Levin Rinke Realty
Home Details
Home Type
- Single Family
Year Built
- Built in 2017
Lot Details
- Lot Dimensions are 100x217
- Property fronts gulf or ocean
HOA Fees
- $25 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Oversized Parking
Home Design
- Beach House
- Exterior Columns
- Concrete Siding
- Stucco
Interior Spaces
- 7,768 Sq Ft Home
- 4-Story Property
- Furnished
- Ceiling Fan
- Gulf Views
Kitchen
- Range Hood
- Dishwasher
Flooring
- Marble
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- Dressing Area
- Dual Vanity Sinks in Primary Bathroom
- Shower Only in Primary Bathroom
Laundry
- Dryer
- Washer
Pool
- Heated Pool
- Outdoor Shower
Outdoor Features
- Deeded access to the beach
- Deck
- Covered Patio or Porch
- Outdoor Kitchen
- Built-In Barbecue
Schools
- Van R Butler Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- High Efficiency Air Conditioning
Listing and Financial Details
- Assessor Parcel Number 34-2S-21-42080-007-0270
Community Details
Overview
- Gulf Pines 2Nd Addn Subdivision
Recreation
- Beach
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2024
Closed on
Nov 26, 2024
Sold by
Stearman Investments Llc
Bought by
Ahst 385 Llc
Seller's Agent
Spears Group
Compass
Buyer's Agent
Amanda Hurd
Levin Rinke Realty
List Price
$12,995,000
Sold Price
$11,100,000
Premium/Discount to List
-$1,895,000
-14.58%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,545,207
Avg. Annual Appreciation
-25.45%
Purchase Details
Listed on
Jul 15, 2019
Closed on
Jul 10, 2019
Sold by
Bayou Beach Properties Llc
Bought by
Stearman Investments Llc
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Justin Watson
Watson International Realty Inc
List Price
$6,575,000
Sold Price
$6,575,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$1,060,000
Interest Rate
3.82%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 4, 2014
Sold by
Poole James Michael and Poole Teri Elizabeth Miller
Bought by
Bayou Beach Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,108,000
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Nov 2, 2012
Sold by
Wells Fargo Bank Na
Bought by
Poole James Michael and Poole Teri Elizabeth Miller
Purchase Details
Closed on
Sep 7, 2012
Sold by
Mcguire Raymond L and Mcguire Roberta M
Bought by
Wells Fargo Bank N A
Purchase Details
Closed on
Jul 23, 2004
Sold by
Holden James R
Bought by
Mcguire Raymond L and Mcguire Roberta M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,728,559
Interest Rate
6.22%
Mortgage Type
Unknown
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ahst 385 Llc | $11,100,000 | Emerald Coast Title | |
| Stearman Investments Llc | $6,575,000 | Mead Law & Title | |
| Bayou Beach Properties Llc | $1,385,000 | None Available | |
| Poole James Michael | $1,000,000 | Century Title Closing & Escr | |
| Wells Fargo Bank N A | $700,200 | Attorney | |
| Mcguire Raymond L | $3,000,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Stearman Investments Llc | $1,060,000 | |
| Previous Owner | Bayou Beach Properties Llc | $1,108,000 | |
| Previous Owner | Mcguire Raymond L | $2,728,559 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/26/2024 11/26/24 | Sold | $11,100,000 | -14.6% | $1,429 / Sq Ft | |
| 10/30/2024 10/30/24 | Pending | -- | -- | -- | |
| 10/18/2024 10/18/24 | For Sale | $12,995,000 | +97.6% | $1,673 / Sq Ft | |
| 07/15/2019 07/15/19 | For Sale | $6,575,000 | 0.0% | $941 / Sq Ft | |
| 07/12/2019 07/12/19 | Sold | $6,575,000 | -- | $941 / Sq Ft | View Prior Sale |
| 03/21/2019 03/21/19 | 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 | $79,450 | $8,792,859 | $3,395,000 | $5,397,859 |
| 2024 | $57,530 | $6,292,977 | $2,910,000 | $3,382,977 |
| 2023 | $57,530 | $5,908,613 | $0 | $0 |
| 2022 | $57,202 | $7,064,271 | $3,025,625 | $4,038,646 |
| 2021 | $48,833 | $5,210,345 | $2,646,396 | $2,563,949 |
| 2020 | $44,314 | $4,439,228 | $2,421,120 | $2,018,108 |
| 2019 | $37,042 | $3,744,381 | $2,095,200 | $1,649,181 |
| 2018 | $34,076 | $3,456,205 | $0 | $0 |
| 2017 | $17,034 | $1,809,370 | $1,809,370 | $0 |
| 2016 | $15,707 | $1,657,347 | $0 | $0 |
| 2015 | $13,633 | $1,341,208 | $0 | $0 |
| 2014 | $11,420 | $1,161,240 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Spears Group
-
A
Buyer's Agent in 2024
Amanda Hurd
Levin Rinke Realty
-
S
Seller's Agent in 2019
Spears Group
Scenic Sotheby's International Realty
-
Justin Watson
Buyer's Agent in 2019
Justin Watson
Watson International Realty Inc
(850) 496-1501
2 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 961396
APN: 34-2S-21-42080-007-0270
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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.
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