NOT LISTED FOR SALE

Estimated Value: $7,607,000 - $9,529,000

6 Beds
8 Baths
7,669 Sq Ft
$1,127/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $8,318,000 $1,085 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $53,542/month

62 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Gulf View
  • Bay Elementary School Rated A-
  • Heated In Ground Pool
  • Gated Community

About This Home

As of September 2022

Beautifully designed and prominently located in the exclusive gated enclave of Paradise by the Sea, this exceptional coastal residence has been finely appointed and masterfully constructed with concrete block exterior walls and gorgeous panoramic gulf views. Primely situated just one tier off the beach, this striking architectural retreat features notable amenities including a three car garage, private elevator, spacious resort style pool area as well as an inverted open floor plan with the primary living spaces located on the top level which allows unparalleled Gulf views. This property yields an impressive 7,373 heated and cooled sqft with a three story vertical footprint yielding 6 full bedroom suites in addition to multiple living areas including a home theatre, private gym with adjoining sauna and a spacious first level game room that flows directly to the outdoor pool deck and living space. The first level offers a large bedroom suite with adjoining spa-like bathroom as well as a full laundry / mud room with direct access to the first level living areas and rear pool deck. The second floor offers three large bedroom suites including a wet bar and sitting area as well as gorgeous gulf views from the south facing suite in addition to a home theatre / media room. The top level is the pinnacle for open living featuring a gourmet chef's kitchen with beautiful stainless appliances as well as a large dining room open to the south facing living area. Gulf views abound from this space and can be enjoyed from the south facing covered porch adjacent to the living room. There is an exceptional primary suite on the third floor with an adjoining bathroom including a large walk-in closet and adjacent laundry & office area. Paradise by the Sea is thoughtfully gated and located in the heart of East 30A offering excellent proximity to Alys Beach, Rosemary Beach, Camp Creek Golf Club and all of the world class shopping, dining and entertainment that 30A is so famously known for. This neighborhood will no longer allow short term rentals after 12/31/2022.

Last Agent to Sell the Property

Spears Group

Compass Listed on: 07/01/2022

Last Buyer's Agent

Ryan Patterson

EXP Realty LLC License #3540986

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,660

Year Built

  • Built in 2020

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 60x150x83x199
  • Property fronts a private road
  • Cul-De-Sac
  • Partially Fenced Property
  • Privacy Fence

HOA Fees

  • $609 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Exterior Columns
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 7,669 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Built-in Bookshelves
  • Shelving
  • Crown Molding
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Plantation Shutters
  • Mud Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Home Gym
  • Gulf Views
  • Home Security System

Kitchen

  • <<doubleOvenToken>>
  • Gas Oven or Range
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered Deck
  • Covered patio or porch
  • Built-In Barbecue

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Water Tap Fee Is Paid
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35-3S-18-16020-00B-0100

Community Details

Overview

  • Association fees include accounting, ground keeping, master, security
  • Paradise By The Sea Subdivision
  • The community has rules related to covenants

Recreation

  • Beach

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,660

Year Built

Built in 2020

Lot Details

0

HOA Fees

$609 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 60x150x83x199
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: PARADISE BY THE SEA
  • Directions: Traveling west on 30A from Rosemary Beach, turn South into the gate at Paradise by The Sea. Follow Paradise By The Sea Blvd as it curves right and the home will be immediately on your right.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2020
  • 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
  • Rooms:Dining Room: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Mud Room: Yes
  • Rooms:Exercise Room2: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Dryer, Freezer, Ice Machine, Microwave, Oven Double, Range Hood, Refrigerator, Security System, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Interior Amenities: Built-In Bookcases, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Ceiling Vaulted, Elevator, Fireplace, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - Some, Kitchen Island, Lighting Recessed, Owner's Closet, Plantation Shutters, Shelving, Washer/Dryer Hookup, Wet Bar, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:Freezer: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Security System: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Appliances:Oven Double: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Fireplace: Yes
  • Interior:Ceiling Beamed: Yes

Exterior Features

  • Lot Features: Covenants, Cul-De-Sac, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Concrete, Roof Concrete, Slab, Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Deck Covered, Fenced Lot-Part, Fenced Privacy, Fireplace, Patio Covered, Patio Open, Pool - Heated, Pool - In-Ground, Porch, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Shower: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Fireplace2: Yes
  • ConstructionSiding:Roof Concrete: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 2.0
  • Parking Features: Garage, Oversized
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: 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, Tap Fee Paid, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Gated Community, Waterfront
  • Association #2 Fee: 7313.58
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Master Association, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 35-3S-18-16020-00B-0100
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 53660.06
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Sep 8, 2022
Sold by
House Of Burgesses Llc
Bought by
Ade 1038 Llc
Seller's Agent
Spears Group
Compass
Buyer's Agent
Ryan Patterson
EXP Realty LLC
List Price
$9,250,000
Sold Price
$8,318,000
Premium/Discount to List
-$932,000
-10.08%
Current Estimated Value
$8,644,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,885
Avg. Annual Appreciation
-0.88%

Purchase Details

Listed on
Oct 21, 2020
Closed on
Nov 23, 2020
Sold by
Blankenship Charles Edward and Blankenship Cynthia Anne
Bought by
House Of Burgesses Llc
Seller's Agent
Beau Blankenship
Christies International Real Estate Emerald Coast
Buyer's Agent
Spears Group
Scenic Sotheby's International Realty
List Price
$6,350,000
Sold Price
$6,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.28%

Purchase Details

Closed on
Feb 20, 2015
Sold by
Goolsby Christopher L
Bought by
Blankenship Charles Edward and Blankenship Cynthia Anne

Purchase Details

Closed on
Aug 22, 2006
Sold by
Edwards Edwin L
Bought by
Goolsby Christopher L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2004
Sold by
Reichard Ralph H and Bailey Mary Merrell
Bought by
Edwards Edwin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ade 1038 Llc $8,318,000 --
House Of Burgesses Llc $6,350,000 Aqua Title Services
Blankenship Charles Edward $1,545,000 Neighborhood Title Group
Goolsby Christopher L $950,000 Southern Escrow & Title Llc
Edwards Edwin L $1,300,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner House Of Burgesses Llc $3,175,000
Previous Owner Goolsby Christopher L $500,000
Previous Owner Edwards Edwin L $1,170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $8,318,000 -7.6% $1,085 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
07/31/2022 07/31/22 Price Changed $8,999,000 -2.7% $1,173 / Sq Ft
07/01/2022 07/01/22 For Sale $9,250,000 +45.7% $1,206 / Sq Ft
11/23/2020 11/23/20 Sold $6,350,000 0.0% $861 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $6,350,000 -- $861 / Sq Ft
Source: Emerald Coast 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 $60,617 $6,671,200 $2,100,000 $4,571,200
2023 $60,617 $6,671,200 $2,100,000 $4,571,200
2022 $57,940 $6,423,673 $1,489,848 $4,933,825
2021 $53,660 $5,543,567 $1,303,112 $4,240,455
2020 $11,901 $1,192,183 $1,192,183 $0
2019 $11,495 $1,157,460 $1,157,460 $0
2018 $11,205 $1,123,747 $0 $0
2017 $10,823 $1,092,000 $1,092,000 $0
2016 $10,507 $1,050,000 $0 $0
2015 $4,581 $467,500 $0 $0
2014 $4,198 $420,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 902643

Emerald Coast Association of REALTORS®

APN: 35-3S-18-16020-00B-0100