NOT LISTED FOR SALE

175 Tang O Mar Dr Unit Tang-o Miramar Beach, FL 32550

Estimated Value: $1,319,795 - $2,047,000

5 Beds
4.5 Baths
2,921 Sq Ft
$569/Sq Ft Est. Value

Last Sold August 02, 2012

Last sale price $589,500 $202 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $9,477/month

197 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Gulf View
  • Van R. Butler Elementary School Rated A-
  • In Ground Pool
  • Beach House

About This Home

As of August 2012

Located on a quiet street in Miramar Beach, this three-story beach home with Gulf views is a perfect vacation retreat. As of April 27, 2012, the house has 170 nights rented for a total of $58,323.24. 2011 Gross Rental Income was $59,826.01 This five-bedroom, four-and-a-half bathroom home has a pool and a large open floor plan that is ideal for entertaining and family retreats. When you enter the first floor, you'll find tile floors, which run throughout the house, and three bedrooms and two full bathrooms. A bunk run with two bunk beds can sleep four comfortably. Two guest rooms face south and both have access to the first-floor deck and pool area. Walk up the stairs to the second floor, which has great views and breezes from the wrap around balcony. The open living, dining and kitchen area is a perfect spot for bringing the family together to spend time. There is also a half bathroom and laundry room on the second floor. The third and top floor has two more bedrooms, including the masters suite. The master bedroom as a walk-in closest, ample bathroom and a private balcony facing south capturing views of the beach and Gulf of Mexico. This home has space for six cars to park and is just steps for a small park and beach access at the end of Tang-O-Mar Drive. The wide, white beach has enough space to set up camp for a day of relaxing and swimming. Tang-O-Mar is about a block away from the shopping and restaurants at Silver Sands Outlet Mall and Sandestin Golf and Beach Resort. Current owner is paying $3,018 per year for homeowner's and wind insurance. Hurricane shutters located in owner's closet. All room dimensions and square footage are approximate and should be verified by the buyer.

Last Agent to Sell the Property

Andy & Christina Meinen

Scenic Sotheby's International Realty Brokerage Phone: 850-974-9704 Listed on: 12/07/2011

Scenic Sotheby's International Realty

Last Buyer's Agent

Sallie Paris

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,559

Year Built

  • Built in 2005

Lot Details

  • Sprinkler System
  • Lawn Pump

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Beach House

Interior Spaces

  • 2,921 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Insulated Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Tile Flooring
  • Gulf Views
  • Hurricane or Storm Shutters

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Lock
  • Balcony
  • Covered Deck

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Multiple Water Heaters
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 34-2S-21-42000-046-0021

Community Details

Overview

  • Tang O Mar S/D Unrec Subdivision

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,559

Year Built

Built in 2005

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: SURVEY PROVIDED
  • Subdivision Name: TANG-O-MAR S/D UNREC
  • Directions: Driving east on U.S. 98 - just past Silver Sands - turn right onto Tang-O-Mar Drive, which is the gravel road on the south side just after the old spa building. 175 Tang-O-Mar is on the left about hal
  • Architectural Style: Beach House
  • New Construction: No
  • Efficiency: Doors
  • Building Stories: 3
  • Year Built: 2005
  • Attribution Contact: 850-974-9704
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Insulated Doors: Yes
  • Rooms:Foyer: Yes
  • Rooms:Laundry2: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Heat - Two or More: Yes
  • Energy:Water Heater - Two: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Ceiling Crwn Molding, Floor Tile, Furnished - All, Lighting Recessed, Lock Out, Owner's Closet, Window Treatment All
  • Window Features: Double Pane Windows
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes

Exterior Features

  • View: Gulf
  • Exterior Features: Balcony, Deck Covered, Hurricane Shutters, Lawn Pump, Pool - In-Ground, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Hurricane Shutters: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Pool - In-Ground: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Pool
  • Association #2 Fee: 400.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 34-2S-21-42000-046-0021
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2011
Closed on
Aug 2, 2012
Sold by
Dpb Llc
Bought by
Madison Brett and Madison Michele
Seller's Agent
Andy & Christina Meinen
Scenic Sotheby's International Realty
Buyer's Agent
Sallie Paris
Scenic Sotheby's International Realty
List Price
$589,500
Sold Price
$589,500
Current Estimated Value
$1,662,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,072,949
Avg. Annual Appreciation
8.16%
Original Mortgage
$417,000
Outstanding Balance
$289,014
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$1,373,435

Purchase Details

Closed on
Mar 1, 2007
Sold by
Byrum Douglas L
Bought by
Dpb Llc

Purchase Details

Closed on
Apr 10, 2004
Sold by
Real Estate Exchange Co
Bought by
Byrum Douglas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,311
Interest Rate
5.38%
Mortgage Type
Stand Alone First
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
Madison Brett $589,500 None Available
Dpb Llc -- None Available
Byrum Douglas L -- Pinnacle Title Group Llc
Real Estate Exchange Co $320,000 Pinnacle Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison Brett $417,000
Previous Owner Real Estate Exchange Co $191,311
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2012 08/02/12 Sold $589,500 0.0% $202 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
12/07/2011 12/07/11 For Sale $589,500 -- $202 / 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 $7,559 $1,024,546 $245,575 $778,971
2023 $7,559 $736,507 $0 $0
2022 $7,081 $869,228 $168,957 $700,271
2021 $6,183 $669,561 $147,779 $521,782
2020 $5,524 $553,349 $135,200 $418,149
2019 $5,494 $568,193 $130,000 $438,193
2018 $4,875 $488,954 $0 $0
2017 $4,608 $480,494 $55,820 $424,674
2016 $4,443 $477,754 $0 $0
2015 $4,247 $460,339 $0 $0
2014 $3,473 $336,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 568502

Emerald Coast Association of REALTORS®

APN: 34-2S-21-42000-046-0021