M
Seller's Agent in 2023
McCraney Group
Christies International Real Estate Emerald Coast
16 S Barrett Square Unit 3 Rosemary Beach, FL 32461
Estimated Value: $5,322,000 - $8,035,000
7
Beds
7.5
Baths
6,972
Sq Ft
$777/mo
HOA Fee
Highlights
- Beach
- Gulf View
- Furnished
- Bay Elementary School Rated A-
- Wood Flooring
- Community Pool
About This Home
As of November 2023Experience the most upscale residence in Rosemary Beach®. Residence 3 at the Providence spans five levels from the ground floor entry, serviced by its private residential elevator, to the rooftop terrace.
This Breathtaking 6,972 square foot residence boasts 5 large bedrooms with en suite baths, 2 bunk rooms that sleep 4, each with a full bath. The rooftop terrace spans 3,226 sq ft of outdoor entertaining and living space with gulf views east and west as far as you can see. The expertly designed floor plan of this residence allows your family and guests to spread out and enjoy the expansive, second-floor living area that features a huge kitchen, two separate living spaces, a dining room, wet bar and butler's pantry, not to mention the private pool with open fireplace and porch swing. As you enter the residence from the ground floor, you encounter 10' tall French doors, welcoming you into the pristine entry hall. Overhead is a beautiful and timeless chandelier and you are surrounded by gorgeous, white v-groove wood paneled walls and 8" wide plank, wire brushed European white oak flooring beneath your feet. You may choose to ascend to the next floor via the private residential elevator or the staircase with handmade iron railings.
Once on the 2nd floor, you are enveloped by a luxurious mix of white venetian plaster and v-groove wood paneled walls, accentuated by 12' ceilings and massive windows with floor-to ceiling custom draperies. This level is where the family and friends can congregate. Two separate and distinct living rooms and a dining room with fireplace bookend the massive kitchen. The kitchen island alone is 18' long, featuring a gorgeous, waterfall Taj Mahal Quartzite countertop, two porcelain Shaw's farm sinks, two Cove dishwashers, a Wolf 24" microwave drawer and seating for seven. The kitchen cabinetry is custom made by Karpaty Cabinets in Atlanta, and the designer used their high-end cabinetry throughout the entire residence. Built into the cabinetry, a 36" SUB-ZERO over-under refrigerator and freezer perfectly serves the needs and design of the kitchen. The crown jewel of the chef's kitchen is arguably the 49" Wolf dual fuel range with 6 burners and infrared griddle, and two ovens measuring 18" and 30". The kitchen is further serviced by a butler's pantry behind the range that features additional shelving space, an additional porcelain Shaw's farm sink and Cove dishwasher. The butler's pantry is also plumbed for a second refrigerator and oven or other appliances if the new owner so desires. Opposite the butler's pantry and on the other side of the island, you will find a half bath with gorgeous marble counter and Karpaty cabinetry.
The dining room and living room on the far end of the 2nd floor are accompanied by a wet bar with beautiful dark painted Karpaty cabinetry, a hammered brass drop-in sink by Newport Brass with freshwater filtration system, a 15" SUB-ZERO ice maker, and a 24" SUB-ZERO beverage center. A porch that spans the width of the living room overlooks the vibrant South Barrett Square of Rosemary Beach. As you make your way back through the kitchen, you see the inviting and private pool and patio through the 10' tall windows. The pool deck is covered with Flagstone pavers and offers ample seating and lounging area on all sides of the pool, as well as a fireplace for those cooler nights in the winter.
Ascending to the 3rd floor, you find a bunk room and accompanying bathroom, a large guest bedroom with en suite bath, a laundry room with 2 sets of 27" LG washer/dryer units, and the massive master bedroom suite. The bunk room provides 4 twin bunk beds and a corner nook for reading, playing video games or watching movies. The guest bedroom around the corner is large with a king bed, a small, corner space for a desk and porch access.
The master bedroom suite is luxury at its finest. Boasting two master baths and closets, as well as a porch spanning the length of the bedroom, you will not want to leave this oasis. Carrara marble tile is found in both baths from floor to ceiling. The beautifully stunning Karpaty cabinets in each bath are unique and elegant, offering plenty of space to spread out. The dual walk-in closets provide ample space for full-time living or the week-long dream beach vacation.
The 4th floor is where you find 3 additional guest bedrooms with walk-in closets and en suite baths, a large den for relaxing and watching television, as well as the second bunk room with 4 twin bunk beds. From this floor, you can access the rooftop terrace by riding the elevator or ascending the spiral staircase off the den. Once you reach the rooftop, you will understand the concept of "elevated living" in Rosemary Beach. With its own half bath, mini-wet bar with sink, massive space for seating and congregating, and expansive views of the Gulf from east to west, you will spend countless hours watching sunrises and sunsets from the rooftop while entertaining friends and guests
Last Listed By
McCraney Group
Christies International Real Estate Emerald Coast Listed on: 08/12/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $54,492
Year Built
- Built in 2020
Lot Details
- 697
HOA Fees
- $777 Monthly HOA Fees
Parking
- 1 Car Garage
- 1 Carport Space
Home Design
- Concrete Siding
- Steel Siding
- Stucco
Interior Spaces
- 6,972 Sq Ft Home
- 4-Story Property
- Furnished
- Fireplace
- Dining Room
- Den
- Wood Flooring
- Gulf Views
Kitchen
- Gas Oven or Range
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 7 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Schools
- Bay Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 35-3S-18-16720-000-03R0
Community Details
Overview
- Association fees include accounting, ground keeping, internet service, master, cable TV
- 5 Buildings
- 5 Units
- Rosemary Beach Subdivision
Recreation
- Beach
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2023
Closed on
Nov 2, 2023
Sold by
Johnsparadise Llc
Bought by
Vertical Props Llc
Seller's Agent
McCraney Group
Christies International Real Estate Emerald Coast
Buyer's Agent
James Watts Jr
Coastal Abode
List Price
$8,875,000
Sold Price
$8,500,000
Premium/Discount to List
-$375,000
-4.23%
Total Days on Market
55
Views
23
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
-$1,478,795
Avg. Annual Appreciation
-11.60%
Original Mortgage
$6,800,000
Interest Rate
7.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 17, 2022
Sold by
Gulf Key Revocable Trust
Bought by
Johnsparadise Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,020,000
Interest Rate
5.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 18, 2021
Sold by
16 South Barrett Square Llc
Bought by
Sullivan William J and Gulf Key Revocable Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vertical Props Llc | $8,500,000 | None Listed On Document | |
| Johnsparadise Llc | $7,800,000 | -- | |
| Sullivan William J | $5,875,000 | Burke Law And Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vertical Properties Llc | $6,000,000 | |
| Closed | Vertical Props Llc | $6,800,000 | |
| Previous Owner | Johnsparadise Llc | $7,020,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/03/2023 11/03/23 | Sold | $8,500,000 | -4.2% | $1,219 / Sq Ft |
| 10/06/2023 10/06/23 | Pending | -- | -- | -- |
| 08/12/2023 08/12/23 | For Sale | $8,875,000 | -- | $1,273 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $54,492 | $5,997,141 | -- | $5,997,141 |
| 2023 | $54,492 | $5,997,141 | $0 | $5,997,141 |
| 2022 | $50,172 | $5,451,947 | $0 | $5,451,947 |
| 2021 | $50,260 | $5,192,330 | $0 | $5,192,330 |
| 2020 | $0 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
James Watts Jr
Buyer's Agent in 2023
James Watts Jr
Coastal Abode
(850) 246-1809
4 in this area
94 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 929797
APN: 35-3S-18-16720-000-03R0
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