NOT LISTED FOR SALE

151 Snowdrift Rd Miramar Beach, FL 32550

Estimated Value: $3,385,000 - $3,971,000

8 Beds
10 Baths
5,661 Sq Ft
$649/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $3,800,000 $671 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $22,482/month

186 Days on Market

Highlights

  • Beach
  • In Ground Pool
  • Gated Community
  • Van R. Butler Elementary School Rated A-
  • Gulf View
  • 0.31 Acre Lot

About This Home

As of May 2024

Rental Machine with approximately $400,000 in gross rentals for 2022! Only 5 lots back from Beach Access and appropriately named ''Atlantis'', this beautiful, fun & thoughtfully designed Beach Home boasts a huge backyard Oasis with an amazing Resort-Style Pool & Hot Tub and includes a swim up Cabana Bar with in-pool pedestal seating! This beach retreat has 5,688 sq ft, 8 Bedrooms with En Suite Baths plus a poolside Game Room with a Wet Bar & Pool Bath. Offered ''turn key'' and rental ready and finished in a light & airy color palette with an emphasis on Coastal Design, this home features a Designer Kitchen with Professional Grade Appliances, Hardwood Floors, Bunk Room, Quartz Countertops, Frameless Glass Showers, Summer Kitchen and Multiple Covered Balconies with upper level Gulf Views!

Last Agent to Sell the Property

Nathan Lambert

Lambert Realty and Development License #3190100 Listed on: 09/29/2023

Co-Listed By

Corina Lambert

Lambert Realty and Development License #3437212

Last Buyer's Agent

Christoper Lawson

Realty ONE Group Emerald Coast License #3170007

Realty ONE Group Emerald Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,653

Year Built

  • Built in 2019

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 75 x 180
  • Property fronts a private road
  • Back Yard Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Metal Roof
  • Stucco

Interior Spaces

  • 5,661 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Recessed Lighting
  • Window Treatments
  • Great Room
  • Recreation Room
  • Gulf Views
  • Storm Doors
  • Dryer

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Outdoor Kitchen
  • Gazebo
  • Built-In Barbecue

Schools

  • Van R Butler 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
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 34-2S-21-42210-000-0110

Community Details

Recreation

  • Beach

Additional Features

  • Snowdrift Beach Subdivision
  • Community Barbecue Grill
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,653

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Lot Size: 75 x 180
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: ELAM
  • Co List Office Phone: 850-259-2561
  • Subdivision Name: SNOWDRIFT BEACH
  • Directions: Travel East on Hwy 98 from the intersection at Silver Sands Shopping Center and turn Right (South) on Snowdrift Rd. Go through gate and look for the subject property on the left side of the street.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2019
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Great Room: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Refrigerator W/IceMk, Stove/Oven Dual Fuel
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Door Features: Storm Door(s)
  • Interior Amenities: Elevator, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Window Treatment All
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Appliances:Freezer: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:StoveOven Dual Fuel: Yes

Exterior Features

  • Lot Features: Level, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Roof Metal, Slab, Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Fenced Back Yard, Hot Tub, Pavillion/Gazebo, Pool - In-Ground, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:PavillionGazebo: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Gas - Natural, Phone, Public Sewer, Public Water, Tap Fee Paid, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Gated Community, TV Cable

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 13503.6
  • Parcel #: 34-2S-21-42210-000-0110
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 27653.2
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
May 8, 2024
Sold by
Snowdrift Properties Llc
Bought by
Riebe Jimmy Mark and Riebe Debra Lou
Seller's Agent
Nathan Lambert
Lambert Realty and Development
Buyer's Agent
Christoper Lawson
Realty ONE Group Emerald Coast
List Price
$4,100,000
Sold Price
$3,800,000
Premium/Discount to List
-$300,000
-7.32%
Views
39
Current Estimated Value
$3,675,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$124,381
Avg. Annual Appreciation
-2.32%
Original Mortgage
$2,999,986
Outstanding Balance
$2,957,195
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$718,424

Purchase Details

Listed on
Nov 7, 2020
Closed on
May 28, 2021
Sold by
Walker Property Investments Llc
Bought by
Snowdrift Properties Llc
Seller's Agent
Cindy Cole
Keller Williams Realty Destin
Buyer's Agent
Nathan Lambert
ResortQuest Real Estate Seagrove Beach
List Price
$3,100,000
Sold Price
$3,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%

Purchase Details

Listed on
Mar 16, 2017
Closed on
Jun 5, 2017
Sold by
Morris Joseph T
Bought by
Walker Property Investments Llc
Seller's Agent
Hal Crane
Ocean Reef Realty Inc
Buyer's Agent
Tracy Bari
Berkshire Hathaway HomeServices
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.42%

Purchase Details

Listed on
Mar 16, 2017
Closed on
Apr 18, 2017
Sold by
Morris Joseph T
Bought by
Morris Joseph T and Joseph T Morris Jr Revocable Trust
Seller's Agent
Hal Crane
Ocean Reef Realty Inc
Buyer's Agent
Tracy Bari
Berkshire Hathaway HomeServices
List Price
$550,000
Sold Price
$550,000

Purchase Details

Listed on
Jul 20, 2012
Closed on
Sep 19, 2012
Sold by
Jenner Mark L
Bought by
Morris Joseph T
Seller's Agent
Wendy Rulnick
Rulnick Realty Inc
Buyer's Agent
Hal Crane
Ocean Reef Realty Inc
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.31%

Purchase Details

Closed on
Mar 10, 2004
Sold by
Jenner Harold L and Jenner Dorothy S
Bought by
Jenner Mark L and Jenner Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
5%
Mortgage Type
Seller Take Back
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
Riebe Jimmy Mark $3,800,000 Waypoint Title Llc
Snowdrift Properties Llc $3,100,000 Mcneese Title Llc
Walker Property Investments Llc $550,000 Mcneese Title Llc
Morris Joseph T -- Attorney
Morris Joseph T $270,000 Aqua Title
Jenner Mark L $221,000 Panhandle Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riebe Jimmy Mark $2,999,986
Previous Owner Jenner Mark L $211,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2024 05/08/24 Sold $3,800,000 -7.3% $671 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
09/29/2023 09/29/23 For Sale $4,100,000 +32.3% $724 / Sq Ft
05/28/2021 05/28/21 Sold $3,100,000 0.0% $545 / Sq Ft View Prior Sale
05/04/2021 05/04/21 Pending -- -- --
11/07/2020 11/07/20 For Sale $3,100,000 +463.6% $545 / Sq Ft
06/05/2017 06/05/17 Sold $550,000 0.0% $300 / Sq Ft View Prior Sale
05/05/2017 05/05/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $550,000 +103.7% $300 / Sq Ft
09/19/2012 09/19/12 Sold $270,000 0.0% $156 / Sq Ft View Prior Sale
09/13/2012 09/13/12 Pending -- -- --
07/20/2012 07/20/12 For Sale $270,000 -- $156 / 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 $35,013 $3,494,947 $450,785 $3,044,162
2023 $35,013 $3,282,315 $0 $0
2022 $27,653 $2,983,923 $500,372 $2,483,551
2021 $19,665 $2,284,427 $437,655 $1,846,772
2020 $16,194 $1,622,222 $400,400 $1,221,822
2019 $3,823 $385,000 $385,000 $0
2018 $3,490 $350,000 $0 $0
2017 $1,638 $165,250 $165,250 $0
2016 $1,590 $158,895 $0 $0
2015 $1,509 $148,500 $0 $0
2014 $1,392 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 933507

Emerald Coast Association of REALTORS®

APN: 34-2S-21-42210-000-0110