NOT LISTED FOR SALE

Estimated Value: $2,393,000 - $3,458,233

6 Beds
6.5 Baths
4,262 Sq Ft
$721/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $2,200,000 $516 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $18,158/month

75 Days on Market

Highlights

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

About This Home

As of November 2020

Welcome to 1772 Scenic Gulf Drive – A fully furnished 6BR/6.1BA+bunk room four level home designed to maximize functionality and appointed with sophisticated contemporary furnishings. This newly completed beach house represents some of the finest in new construction and offers excellent income opportunity with over $100,000 in gross revenue during the first partial year on the rental program and 2021 rental income projections exceeding $200,000. Notable features include multiple indoor and outdoor living areas, private elevator, built in bunkbeds, indoor/outdoor surround sound system, 10 foot ceilings, vinyl plank flooring, crown molding, shiplap walls as well as a home security system for peace of mind. Upon pulling into the driveway you will find ample parking, charming white picket fenced yard with lush landscaping, tiled front patio with wood ceiling accents, brick paver side entry for pool area and outdoor shower to rinse off coming back from one of the two deeded beach accesses. The first floor layout includes a master suite with double closets and vanities, two guest bedrooms (one with a private en-suite bath and direct pool deck access), Jack-N-Jill style bathroom, laundry room and large modern game room complete with wet bar which features a mini refrigerator, wine refrigerator, ice maker, large flat screen television and sliding glass doors leading to the outdoor pool deck, hot tub/spa, fire pit, BBQ grill and large outdoor private sundeck. The second floor features an abundance of windows for natural light, Gulf views off the South facing balcony, a half bathroom and access to the North balcony that overlooks the pool deck. There is a large sitting area that leads into the main living and dining room combo from the stairs. The gourmet kitchen features custom floor to ceiling cabinetry, stainless appliances, Thor 6 burner gas range, dual washing machines and a large farmhouse sink and kitchen island. This level also features one guest bedroom with an en-suite bathroom and balcony access. On the third level you will find a cozy sitting area with a wall mounted TV, access to the large South facing balcony and Gulf views, two full bedrooms (both have en-suite bathrooms and one with North balcony access), an 8 bed built in bunkroom and a separate full bathroom to function as both the powder bath and primary bath for bunkroom. To get away from it all there is also a fourth story crow's nest with boundless panoramic views of the Gulf of Mexico and surrounding areas. The neighborhood of Frangista Beach is located in Miramar Beach and blends Mediterranean warmth with Old Florida charm. Situated near the Gulf of Mexico the neigborhood has two private beach accesses and is within minutes of shopping, restaurants, entertainment and has the pedestrian path that runs the entire length of Scenic Gulf Drive.

Last Agent to Sell the Property

Johnny Milan LLC

Vacasa Real Estate - Miramar Beach Listed on: 09/03/2020

Co-Listed By

Janette Klein

Vacasa Real Estate - Miramar Beach

Last Buyer's Agent

Hal Crane

RE/MAX Coastal Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,583

Year Built

  • Built in 2019

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property fronts a county road
  • Back Yard Fenced
  • Interior Lot

HOA Fees

  • $231 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Beach House
  • Newly Painted Property
  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 4,262 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Window Treatments
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Area
  • Recreation Room
  • Gulf Views

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32-2S-21-42040-00E-0240

Community Details

Overview

  • Association fees include ground keeping, management, recreational faclty
  • Frangista Beach 1St Addn Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,583

Year Built

Built in 2019

Lot Details

0

HOA Fees

$231 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 50x100
  • Road Frontage Type: County Road
  • Co List Office Mls Id: EVC7
  • Co List Office Phone: 850-654-7785
  • Subdivision Name: FRANGISTA BEACH 1ST ADDN
  • Directions: Located in Frangista Beach between South Holiday Road and Miami Street on Scenic Gulf Drive.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2019
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Rooms:Sitting Room: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Family Room: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Interior Amenities: Ceiling Raised, Elevator, Floor Vinyl, Furnished - All, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Interior:Elevator: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Wet Bar: Yes

Exterior Features

  • Lot Features: Covenants, Interior, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Frame, Roof Metal, Slab, Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Fenced Back Yard, Fireplace, Hot Tub, Patio Covered, Pool - In-Ground, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Shower: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Lot Features:Sidewalk: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Fireplace2: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Pool, TV Cable
  • Association #2 Fee: 693.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Management, Recreational Faclty

Schools

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

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 32-2S-21-42040-00E-0240
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Nov 30, 2020
Sold by
Vaagenes Petter A
Bought by
Plb Group Llc
Seller's Agent
Johnny Milan LLC
Vacasa Real Estate - Miramar Beach
Buyer's Agent
Hal Crane
RE/MAX Coastal Properties
List Price
$2,200,000
Sold Price
$2,200,000
Current Estimated Value
$3,074,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$874,058
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Sep 2, 2017
Sold by
Cochrane John Richard and Cochrane Kimberly J
Bought by
Vaagenes Petter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.77%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 27, 2013
Sold by
24 Frangista Llc
Bought by
Cochrane John Richard and Cochrane Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.31%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 30, 2011
Sold by
Lbk Investments Llc
Bought by
24 Frangista Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,148
Interest Rate
4.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 20, 2010
Sold by
Regions Bank
Bought by
Lbk Investments Llc

Purchase Details

Closed on
Jul 1, 2010
Sold by
Jts Land Acquisition Llc
Bought by
Regions Bank

Purchase Details

Closed on
Nov 29, 2005
Sold by
Sabatelli Donna E
Bought by
Jts Land Acquisition Llc

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
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 11, 2003
Sold by
Frangista Development Co Llc
Bought by
Sabatelli Donna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
5.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Plb Group Llc $2,200,000 Aqua Title Services
Vaagenes Petter A $500,000 Attorney
Cochrane John Richard $295,000 Mcgill Escrow & Title Llc
24 Frangista Llc $213,200 Attorney
Lbk Investments Llc $189,500 Dune Title Company Llc
Regions Bank -- Attorney
Jts Land Acquisition Llc $775,000 Title Works
Sabatelli Donna E $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vaagenes Petter A $1,190,000
Previous Owner Vaagenes Petter A $1,100,000
Previous Owner Vaagenes Petter A $400,000
Previous Owner Cochrane John Richard $155,000
Previous Owner 24 Frangista Llc $168,148
Previous Owner Jts Land Acquisition Llc $500,000
Previous Owner Sabatelli Donna E $310,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Off Market $2,200,000 -- --
11/30/2020 11/30/20 Sold $2,200,000 0.0% $516 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $2,200,000 -- $516 / 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 $18,583 $2,265,993 $968,750 $1,297,243
2023 $18,583 $1,839,620 $0 $0
2022 $17,249 $2,071,596 $732,600 $1,338,996
2021 $14,717 $1,520,347 $531,259 $989,088
2020 $11,346 $1,143,093 $486,035 $657,058
2019 $4,457 $467,342 $467,342 $0
2018 $3,896 $390,754 $0 $0
2017 $3,504 $379,373 $379,373 $0
2016 $3,321 $364,781 $0 $0
2015 $2,956 $309,925 $0 $0
2014 $2,526 $245,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 854651

Emerald Coast Association of REALTORS®

APN: 32-2S-21-42040-00E-0240