NOT LISTED FOR SALE

178 Open Gulf St Miramar Beach, FL 32550

Estimated Value: $1,634,474 - $1,992,000

6 Beds
5.5 Baths
3,052 Sq Ft
$618/Sq Ft Est. Value

Last Sold May 28, 2015

Last sale price $850,000 $279 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $11,122/month

311 Days on Market

Highlights

  • Heated In Ground Pool
  • Gulf View
  • Main Floor Primary Bedroom
  • Van R. Butler Elementary School Rated A-
  • Beach House
  • Furnished

About This Home

As of May 2015

PRICE REDUCED! This spacious three story, six bedroom award winning vacation rental with 5 baths in approximately 3,000 square feet can be yours! The first floor has a beautifully furnished living and dining room along with a well appointed open kitchen with all stainless steel appliances. This private residence is comfortable, upscale and professionally decorated which hosts a warm hospitable ambiance. Three of the six bedrooms are set up as master suites. The main master suit is located on the third floor with views of the Gulf. This property has been hugely successful as a vacation rental with gross rental $111,246 in 2013. A private pool and steps to the deeded beach access makes this the perfect beach getaway. Buyers and/or their agents should verify all information to their satisfaction

Last Agent to Sell the Property

Jill Olivarez

Berkshire Hathaway HomeServices PenFed Realty License #3232411 Listed on: 06/16/2014

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Hal Crane

Ocean Reef Realty Inc License #3041694

Last Buyer's Agent

Clayton Bonjean

Mainsail Realty & Development

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,683

Year Built

  • Built in 2005

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 45x100
  • Property fronts a county road
  • Property fronts an easement
  • Interior Lot
  • Sprinkler System
  • Cleared Lot
  • Lawn Pump
  • Property is zoned County

Home Design

  • Beach House
  • Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 3,052 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Tile Flooring
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Outdoor Shower

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
  • Water Tap Fee Is Paid
  • Multiple Water Heaters
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered Deck
  • Flood Insurance May Be Required

Community Details

  • Miramar Beach Cottages Subdivision
  • The community has rules related to covenants, exclusive easements

Listing and Financial Details

  • Assessor Parcel Number 33-2S-21-42185-000-0020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,683

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Lot Size: 45X100
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EORR
  • Co List Office Phone: 850-837-3935
  • Subdivision Name: MIRAMAR BEACH COTTAGES
  • Directions: Turn east onto Mainsail Drive from Scenic Gulf Drive. Open Gulf Street will be on your right. 178 will be before the road turns on your right.House is called Cocohut
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2005
  • 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
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: 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, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - All, Pantry, Washer/Dryer Hookup, Window Treatmnt Some
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes

Exterior Features

  • Lot Features: Cleared, Covenants, Easements, Flood Insurance Req, Interior, Restrictions, Within 1/2 Mile to Water
  • View: Gulf
  • Construction Type: Frame, Roof Metal, Vinyl Siding, Trim Vinyl
  • Exterior Features: Deck Covered, Hurricane Shutters, Lawn Pump, Pool - Heated, Pool - In-Ground, Shower, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • Lot Features:Easements: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Deck Covered: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Flood Insurance Req: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Hurricane Shutters: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Shower: 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, Phone, Public Sewer, Public Water, Tap Fee Paid, TV Cable
  • Utility: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 33-2S-21-42185-000-0020
  • Zoning: County
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4682.51
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Locke Freddie J
Bought by
Coco Hut At Miramar Beach Llc
Current Estimated Value
$1,885,119

Purchase Details

Listed on
Jun 16, 2014
Closed on
May 28, 2015
Sold by
Allen William G and Allen Emily
Bought by
Locke Freddie J
Seller's Agent
Jill Olivarez
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Clayton Bonjean
Mainsail Realty & Development
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$637,500
Outstanding Balance
$456,222
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$1,428,897

Purchase Details

Closed on
Aug 10, 2011
Sold by
Emmert Dunnie and Emmert Betty S
Bought by
Allen William G and Allen Emily
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
Coco Hut At Miramar Beach Llc -- Accommodation
Locke Freddie J $850,000 Burke Law & Title Llc
Allen William G $500,000 Priority Title Of Nw Fl Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locke Freddie J $637,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2015 05/28/15 Sold $850,000 0.0% $279 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
06/16/2014 06/16/14 For Sale $850,000 -- $279 / 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 $13,529 $1,502,824 $575,000 $927,824
2023 $13,529 $1,467,310 $0 $0
2022 $12,362 $1,333,918 $500,372 $833,546
2021 $8,115 $850,859 $437,655 $413,204
2020 $7,661 $783,328 $400,400 $382,928
2019 $7,192 $764,583 $385,000 $379,583
2018 $6,189 $620,738 $0 $0
2017 $6,032 $608,569 $171,600 $436,969
2016 $6,018 $601,378 $0 $0
2015 $4,441 $436,942 $0 $0
2014 -- $432,412 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jill Olivarez

    Berkshire Hathaway HomeServices PenFed Realty

    (850) 797-3563

    3 in this area

    7 Total Sales

    Jill Olivarez
    Section Image

  • H

    Seller Co-Listing Agent in 2015

    Hal Crane

    Ocean Reef Realty Inc

    (850) 585-1637

    17 in this area

    37 Total Sales

    Hal Crane
    Section Image

  • C

    Buyer's Agent in 2015

    Clayton Bonjean

    Mainsail Realty & Development

  • -

    Buyer's Agent in 2015

    - Ecn.rets.e3961

    ecn.rets.RETS_OFFICE

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 707786

Emerald Coast Association of REALTORS®

APN: 33-2S-21-42185-000-0020

Florida Walton County Miramar Beach 32550

178 Open Gulf St, Miramar Beach, FL

This home is located at 178 Open Gulf St, Miramar Beach, FL 32550 since 16 June 2014 and is currently estimated at $1,885,119, approximately $617 per square foot. This property was built in 2005. 178 Open Gulf St is a home located in Walton County with nearby schools including Van R. Butler Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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