NOT LISTED FOR SALE

Estimated Value: $5,977,000

2 Beds
2 Baths
1,045 Sq Ft
$606/mo HOA Fee

Last Sold October 06, 2021

Last sale price $557,000 $533 Per Sq Ft

Est. 973% increase in value since last sale

Current estimated payment $35,311/month

31 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Wood Flooring
  • Van R. Butler Elementary School Rated A-
  • Newly Painted Property
  • Community Pool

About This Home

As of October 2021

For the first time in over a decade you have a spectacular opportunity to purchase pre-construction condominiums at Gulf Place! Gulf Place Residences will have two phases: The first currently under construction, Phase One will offer 40 well-appointed residences. The second Phase of 30 condominiums will be released at a future date. Beautiful two & three bedroom floor plans available featuring 9' and/or 10' ceilings, 8' doors, open floor plans with kitchen island & breakfast bar, quartz or granite countertops, stainless steel appliances, porcelain tile flooring, recessed lighting, and balconies offering a variety of views! Buyers will have interior selections to choose from. The construction consists of masonry & poured concrete! Both phases will enjoy living the Gulf Place/30-A lifestyle!

Last Agent to Sell the Property

Edward Krasauskas

Vacasa Real Estate - SRB License #3097068 Listed on: 09/13/2020

Co-Listed By

Staggs Group

Vacasa Real Estate - SRB

Last Buyer's Agent

Edward Krasauskas

Vacasa Real Estate - SRB License #3097068 Listed on: 09/13/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,316

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 1.02

HOA Fees

  • $606 Monthly HOA Fees

Home Design

  • Newly Painted Property
  • Concrete Siding

Interior Spaces

  • 1,045 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Living Room
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Deeded access to the beach

Schools

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

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 03-3S-20-34000-022-0014

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, licenses/permits, management, master, security, sewer, water, cable TV, trash
  • 40 Buildings
  • 40 Units
  • Gulf Place Residences Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Beach

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,316

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$606 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EVC4
  • Co List Office Phone: 850-267-1131
  • Subdivision Name: GULF PLACE RESIDENCES
  • Directions: From HWY 98 in Santa Rosa Beach, turn south onto HWY 393 and Gulf Places Residences will be on your right before you reach the Scenic 30a intersection.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2020
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Utilities:Community Water: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 40
  • Appliances: Dishwasher, Microwave, Refrigerator W/IceMk, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Hardwood, Floor Vinyl, Furnished - None, Kitchen Island, Newly Painted, Washer/Dryer Hookup
  • Stories: 4
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Concrete
  • Exterior Features: Balcony
  • Property Condition: Under Construction
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • General Property Info:Garage2: Yes
  • Parking Features:Other3: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Community Sewer, Community Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Deed Access, Dumpster, Elevators, Exercise Room, Pets Allowed, Picnic Area, Pool, Tennis
  • Association #2 Fee: 1817.04
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Licenses/Permits, Management, Master Association, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 03-3S-20-34000-022-0014
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2022
Sold by
Live Love Llc
Bought by
Lagoon Manor Development Llc
Current Estimated Value
$5,977,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2022
Sold by
Lagoon Manor Development Llc
Bought by
Kingdom Capital Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,120,000
Interest Rate
3.69%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 9, 2022
Sold by
Lagoon Manor Development Llc
Bought by
Zolt Samuel and Zolt Jami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,120,000
Interest Rate
3.69%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 25, 2022
Sold by
Lee Holomon David and Lee Elizabeth M
Bought by
Lagoon Manor Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,120,000
Interest Rate
3.69%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 23, 2022
Sold by
Biggers Janis R
Bought by
Hudson Justin and Hudson Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,120,000
Interest Rate
3.69%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 15, 2022
Sold by
Lagoon Manor Development Llc
Bought by
Biggers Janis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,120,000
Interest Rate
3.69%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 13, 2020
Closed on
Oct 6, 2021
Sold by
Lagoon Manor Development Llc
Bought by
Kennedy Caleb B and Kennedy Erica J
Seller's Agent
Edward Krasauskas
Vacasa Real Estate - SRB
Buyer's Agent
Edward Krasauskas
Vacasa Real Estate - SRB
List Price
$557,000
Sold Price
$557,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.76%
Original Mortgage
$401,250
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2020
Closed on
Oct 1, 2021
Sold by
Lagoon Manor Development Llc
Bought by
Hudson Justin and Hudson Robin
Seller's Agent
Edward Krasauskas
Vacasa Real Estate - SRB
Buyer's Agent
Edward Krasauskas
Vacasa Real Estate - SRB
List Price
$557,000
Sold Price
$557,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,250
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2020
Closed on
Sep 16, 2021
Sold by
Lagoon Manor Development Llc
Bought by
Tac Properties Tn
Seller's Agent
Edward Krasauskas
Vacasa Real Estate - SRB
Buyer's Agent
Edward Krasauskas
Vacasa Real Estate - SRB
List Price
$557,000
Sold Price
$557,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,250
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2020
Closed on
Sep 10, 2021
Sold by
Lagoon Manor Development Llc
Bought by
Thompson Ann Plauche
Seller's Agent
Edward Krasauskas
Vacasa Real Estate - SRB
Buyer's Agent
Edward Krasauskas
Vacasa Real Estate - SRB
List Price
$557,000
Sold Price
$557,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,250
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2020
Closed on
Sep 9, 2021
Sold by
Lagoon Manor Development Llc
Bought by
Schwartz Jeffrey T
Seller's Agent
Edward Krasauskas
Vacasa Real Estate - SRB
Buyer's Agent
Edward Krasauskas
Vacasa Real Estate - SRB
List Price
$557,000
Sold Price
$557,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,250
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2021
Sold by
Lagoon Manor Development Llc
Bought by
Trustmark National Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2013
Sold by
Spa Florida Hold Llc
Bought by
Lagoon Manor Development Llc

Purchase Details

Closed on
Oct 29, 2013
Sold by
Joe Pete Investments Inc
Bought by
Spa Florida Hold Llc

Purchase Details

Closed on
Dec 29, 2011
Sold by
First Nbc Bank
Bought by
Spa Florida Hold Llc

Purchase Details

Closed on
Sep 21, 2009
Sold by
Joe Pete Investments Inc and Gilchrist Joseph R
Bought by
Central Progressive Bank

Purchase Details

Closed on
Oct 1, 2004
Sold by
Gak Gulf Place Llc
Bought by
Joe Pete Investments Inc
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
Lagoon Manor Development Llc -- None Listed On Document
Kingdom Capital Partners Llc $4,850,000 None Listed On Document
Kingdom Capital Partners Llc $4,850,000 None Listed On Document
Zolt Samuel -- None Listed On Document
Lagoon Manor Development Llc -- None Listed On Document
Hudson Justin -- None Listed On Document
Biggers Janis R -- None Listed On Document
Kennedy Caleb B $535,000 None Available
Hudson Justin $772,000 None Available
Tac Properties Tn $531,000 None Available
Thompson Ann Plauche $542,000 None Available
Harrington Patrick J $548,000 None Available
Ransom Bryant Thomas $532,000 None Available
Shogut Llc $640,000 None Available
Schwartz Jeffrey T $517,000 None Available
Trustmark National Bank $100 None Listed On Document
Lagoon Manor Development Llc $900,000 Attorney
Spa Florida Hold Llc -- Attorney
Spa Florida Hold Llc $817,200 None Available
First Nbc Bank $817,200 None Available
Central Progressive Bank -- Attorney
Joe Pete Investments Inc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kingdom Capital Partners Llc $20,150,000
Closed Hartfelt Investments Llc $820,000
Previous Owner Kingdom Capital Partners Llc $3,120,000
Previous Owner Madole Bret $720,000
Previous Owner Kennedy Caleb B $401,250
Previous Owner Hudson Justin $540,400
Previous Owner Tac Properties Tn $451,350
Previous Owner Gulf Place Partners Llc $419,250
Previous Owner Ransom Bryant Thomas $399,000
Previous Owner Harrington Patrick J $411,000
Previous Owner Schwartz Jeffrey T $310,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $557,000 0.0% $533 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
09/13/2020 09/13/20 For Sale $557,000 -- $533 / 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 $34,316 $3,776,635 $3,776,635 --
2023 $34,316 $3,776,635 $3,776,635 $0
2022 $6,924 $747,174 $747,174 $0
2021 $11,945 $1,234,013 $1,234,013 $0
2020 $11,265 $1,128,439 $1,128,439 $0
2019 $10,886 $1,096,160 $1,096,160 $0
2018 $10,608 $1,063,882 $0 $0
2017 $10,237 $1,032,896 $1,032,896 $0
2016 $9,938 $993,170 $0 $0
2015 $9,439 $928,613 $0 $0
2014 $8,703 $844,194 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 855349

Emerald Coast Association of REALTORS®

APN: 03-3S-20-34000-022-0014