NOT LISTED FOR SALE

15200 Emerald Coast Pkwy Unit 1208 Destin, FL 32541

Estimated Value: $1,588,000 - $1,825,000

3 Beds
3 Baths
2,015 Sq Ft
1 Acres

Last Sold November 30, 2023

Last sale price $1,645,000 $816 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,917/month

5 Days on Market

Highlights

  • Beach Front
  • Beach
  • In Ground Pool
  • Destin Elementary School Rated A-
  • Fitness Center
  • 3-minute walk to June White Decker Park

About This Home

As of November 2023

Prepare to be captivated by the breathtaking Gulf front views this unit offers! We are delighted to present a remarkable three-bedroom condominium unit that has undergone a complete renovation, making it one of the most exceptional units in the building. Location is key, and Saint Maarten is privileged to be the closest short-term rentable building to the exquisite beaches within Silver Shells. You will revel in the convenience of this proximity, allowing you an effortless escape to the soft sand and tranquil waters. Silver Shells offers an abundance of amenities that cater to your every need. Indulge in the luxury of an indoor pool, a spa, a well-equipped gym, and various outdoor courts for tennis and basketball.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,906

Year Built

  • Built in 1999

Lot Details

  • Beach Front
  • Property fronts gulf or ocean

Home Design

  • Newly Painted Property
  • Concrete Siding

Interior Spaces

  • 2,015 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Dining Room
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony
  • Outdoor Grill

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Short Term Rentals Allowed
  • Assessor Parcel Number 00-2S-22-2100-0000-1208

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include electricity, internet service, trash, TV cable, water
  • Newman Dailey Association, Phone Number (850) 837-1071
  • St. Maarten At Silver Shells Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,906

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Design: N/A
  • Legal Description: ST MAARTEN AT SILVER SHELLSUNIT 1208W/ PARKING SPACE #98
  • List Type: Exclusive Right of Sale
  • Project Facilities: BBQ Pit/Grill, Beach, Deed Access, Elevators, Exercise Room, Gated Community, Pets Allowed, Pool, Short Term Rental - Allowed, Tennis, TV Cable, Waterfront, Whirlpool
  • Stories In Unit: 1
  • Units Above Ground: 15.00
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Refrigerator, Stove/Oven Electric, Washer
  • Interior Amenities: Breakfast Bar, Elevator, Furnished - All, Newly Painted, Washer/Dryer Hookup
  • Bedroom Location: First
  • Lower Floor 1 Bedrooms: 3
  • Master Bedroom: First
  • Total Bathrooms: 3.00
  • Estimated Heated Cooled Sq Ft: 2015.00
  • Dining Kitchen: First

Exterior Features

  • Pool Type: Community
  • Construction Siding: Block, Concrete
  • New Construction: Construction Complete
  • Exterior: Balcony, BBQ Pit/Grill, Pool - In-Ground, Tennis Court
  • Pool: Yes
  • Waterfront: Gulf, Shore - Beach, Unit Waterfront
  • Water View: Gulf

Garage/Parking

  • Carport: No
  • Garage Spaces: No

Utilities

  • Utilities: Electric, Public Sewer, Public Water, TV Cable

Condo/Co-op/Association

  • Management Company: Newman-Dailey
  • Association Management Contact: 850-837-1071
  • Fees Include: Electricity, Internet Service, Trash, TV Cable, Water

Fee Information

  • Assessment Fees: Yes
  • New Buyer Fee: Yes
  • New Buyer Fee Amt: 1000.0000
  • New Buyer Fee Paid: $

Lot Info

  • Assessment Amount: 6274.00
  • Assessor Parcel Number: 00-2S-22-2100-0000-1208

Green Features

  • Energy Efficiency: AC - Central Elect, Heat Cntrl Electric

Rental Info

  • Is Subject Leased: No

Tax Info

  • Last Taxes: 10906.00
  • Last Tax Year: 2022
  • Annual Assessment Amount: 25096.00

Multi Family

  • Occupancy Status: Vacation Rental

MLS Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle School: Destin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Nov 28, 2023
Sold by
Mcelyea Llc
Bought by
Somerheld Llc
List Price
$1,595,000
Sold Price
$1,645,000
Premium/Discount to List
$50,000
3.13%
Current Estimated Value
$1,696,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,141
Avg. Annual Appreciation
1.62%
Original Mortgage
$1,316,000
Outstanding Balance
$1,282,860
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$413,281

Purchase Details

Listed on
Apr 18, 2017
Closed on
Oct 17, 2017
Sold by
Davis Gary K
Bought by
Mcelyea Timothy Alan and Mcelyea Michelle
Seller's Agent
John Moran
Keller Williams Realty Destin
Buyer's Agent
Elizabeth Boswell
The Premier Property Group
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.69%
Original Mortgage
$450,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2002
Sold by
Rothchild Joseph B and Rothchild Sarah J
Bought by
Davis Gary K

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
6.4%
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
Somerheld Llc $1,645,000 None Listed On Document
Mcelyea Timothy Alan $800,000 Attorney
Davis Gary K $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somerheld Llc $1,316,000
Previous Owner Mcelyea Timothy Alan $450,000
Previous Owner Davis Gary K $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2023 11/30/23 Sold $1,645,000 +3.1% $816 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $1,595,000 +112.7% $792 / Sq Ft
10/18/2017 10/18/17 Sold $750,000 0.0% $372 / Sq Ft View Prior Sale
09/07/2017 09/07/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $750,000 -- $372 / Sq Ft
Source: Navarre Area Board 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 $12,465 $1,100,000 -- $1,100,000
2023 $12,465 $1,100,000 $0 $1,100,000
2022 $10,906 $905,000 $0 $905,000
2021 $9,065 $730,000 $0 $730,000
2020 $9,134 $730,000 $0 $730,000
2019 $9,133 $720,000 $0 $720,000
2018 $8,411 $655,000 $0 $0
2017 $9,037 $691,500 $0 $0
2016 $8,807 $678,000 $0 $0
2015 $8,982 $678,000 $0 $0
2014 $8,797 $656,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    John Moran

    Keller Williams Realty Destin

    (850) 654-3325

    138 in this area

    643 Total Sales

    John Moran
    Section Image
  • Elizabeth Boswell

    Buyer's Agent in 2017

    Elizabeth Boswell

    The Premier Property Group

    (850) 543-8128

    44 in this area

    114 Total Sales

    Elizabeth Boswell
    Section Image
See All Agents

Map

Source: Navarre Area Board of REALTORS®

MLS Number: 935367

Navarre Area Board of REALTORS®

APN: 00-2S-22-2100-0000-1208

Florida Okaloosa County Destin 32541

15200 Emerald Coast Pkwy Unit 1208, Destin, FL

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