NOT LISTED FOR SALE

Estimated Value: $2,485,255 - $2,662,000

8 Beds
10 Baths
4,065 Sq Ft
$634/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $1,550,000 $381 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $14,779/month

76 Days on Market

Highlights

  • Beach
  • Heated In Ground Pool
  • Vaulted Ceiling
  • Van R. Butler Elementary School Rated A-
  • Gulf View
  • Beach House

About This Home

As of June 2020

Brand New, Just completed Sensational resort-style property boasting gross annual rental projections of over $229k. Completed in October 2019, this residence was artfully designed with one overall concept in mind: retreat. This 4-tier home showcases an open floor plan with extensive interior space, modern-cottage aesthetics and multiple alluring attributes. A spiral staircase leads to one of the properties' most distinguished features- a 1,000+ square feet rooftop terrace. This rooftop architectural gem features 360 degrees of breathtaking views and is fully equipped with spa, kitchenette with grill, dining area, and tanning lounges- crafted to provide a thrilling entertaining experience. Another quality worth mentioning is the large resort style pool with waterfall spa. For enhanced relaxation the private pool is concluded with a tanning ledge- this versatile ledge maintains a shallow, consistent depth, providing an ideal hotspot for relaxing. Attention to detail is highlighted through the cover entertaining area with grill, mini fridge and the added outdoor half bath.

Ensuring optimal conveniences, each bedroom is paired with a private full bathroom, with six of those rooms having immediate balcony access. Intended to accommodate multiple families, the home is constructed with 3 master suites, each stylishly paired with a private master bath.

The first level of this home features 2 master suites both equipped with a master bathroom, a stunning kitchen, living area, powder room, laundry area and direct access to the resort style pool and outdoor living area. The kitchen features chic white quarts countertops, custom cabinetry with soft-closing hinges, an edgy backspace, additional stand along ice maker and completed with modern lighting just above the kitchen island.

The second-floor features four additional bedrooms, one of which is equipped with 2 sets of wooden, built-in bunk beds, custom created with large families in mind.

The third floor features the final master suite with master bath, the second bunk-room, the secondary kitchen with entering area and pool table. From the kitchen balcony on the third floor, the spiral staircase leads to the 4th-tier of the residence, the iconic awe-inspiring rooftop terrace. The third-floor kitchen makes it a seamless and effortless for hosting dinners on the rooftop terrace.

As for location, this property is located within the highly sought-after community of Frangista Beach. Centrally positioned within walking distance to two deeded beach accesses, shops and restaurants along the coastal road of Scenic Hwy 98. (Note: This home was specifically designed to support the rooftop hot tub )

Last Agent to Sell the Property

Paul Shorey

World Impact Real Estate License #3120823 Listed on: 03/04/2020

World Impact Real Estate

Co-Listed By

Shorey Group

Engel & Volkers Destin

Last Buyer's Agent

Jeff Troy

Counts Real Estate Group Inc License #3110076

Counts Real Estate Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,299

Year Built

  • Built in 2019

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 55x145
  • Back Yard Fenced
  • Level Lot

Parking

  • Oversized Parking

Home Design

  • Beach House
  • Exterior Columns
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 4,065 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Gulf Views
  • Fire and Smoke Detector
  • Exterior Washer Dryer Hookup

Kitchen

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

Flooring

  • Painted or Stained Flooring
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Open Patio
  • Terrace
  • Built-In Barbecue
  • Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Water Tap Fee Is Paid
  • Multiple Water Heaters
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 32-2S-21-42050-00A-0070

Community Details

Overview

  • Frangista Beach Subdivision

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,299

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 55x145
  • Road Surface Type: Paved
  • Co List Office Mls Id: ENVO
  • Co List Office Phone: 850-502-8997
  • Subdivision Name: FRANGISTA BEACH
  • Directions: Take Holiday Road to Old 98 and turn left. Take first left onto Hollywood and third right onto Daytona. Left onto W. Palm Beach, home is on right.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2019
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: 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
  • Energy:Ceiling Fans: Yes
  • Rooms:Balcony2: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Rooms:Terrace: Yes
  • Energy:Water Heater - Two: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Ice Machine, Microwave, Oven Self Cleaning, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Interior Amenities: Breakfast Bar, Ceiling Raised, Floor Laminate, Furnished - All, Kitchen Island, Lighting Recessed, Washer/Dryer Hookup, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

  • Lot Features: Level, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Frame, Roof Metal, Roof Pitched, Siding CmntFbrHrdBrd, Slab
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Fenced Back Yard, Fenced Privacy, Hot Tub, Patio Open, Pool - Heated, Pool - In-Ground, Porch
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • Lot Features:Survey Available: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Oversized
  • Parking Features:Oversized: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Public Sewer, Public Water, Tap Fee Paid

Condo/Co-op/Association

  • Community Features: Beach, Pool

Schools

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

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 32-2S-21-42050-00A-0070
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
Jun 26, 2020
Sold by
Frangista B & P Llc
Bought by
Hundo House Llc
Seller's Agent
Paul Shorey
World Impact Real Estate
Buyer's Agent
Jeff Troy
Counts Real Estate Group Inc
List Price
$1,550,000
Sold Price
$1,550,000
Current Estimated Value
$2,512,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$962,887
Avg. Annual Appreciation
10.29%
Original Mortgage
$1,240,000
Outstanding Balance
$355,812
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,221,252

Purchase Details

Closed on
Nov 19, 2018
Sold by
Poff Matthew W
Bought by
Frangista B & P Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2010
Sold by
Banksouth
Bought by
Poff Matthew W

Purchase Details

Closed on
Sep 28, 2010
Sold by
Parsons David W
Bought by
Banksouth

Purchase Details

Closed on
Aug 30, 2007
Sold by
Fuller Bill
Bought by
Parsons David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,071
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2004
Sold by
Reber Todd R and Reber Sabrina P
Bought by
Fuller Bill
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
Hundo House Llc $1,550,000 Attorney
Frangista B & P Llc $263,400 H&S Title And Escrow Inc
Poff Matthew W $85,000 Mcneese Title Llc
Banksouth $112,000 None Available
Parsons David W $112,100 Attorney
Fuller Bill $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hundo House Llc $1,240,000
Previous Owner Frangista B & P Llc $157,500
Previous Owner Parsons David W $112,071
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $1,550,000 0.0% $381 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $1,550,000 -- $381 / 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 $14,299 $1,929,003 $450,000 $1,479,003
2023 $14,299 $1,228,370 $0 $0
2022 $13,124 $1,749,601 $297,202 $1,452,399
2021 $9,827 $1,015,182 $229,220 $785,962
2020 $7,629 $764,279 $174,756 $589,523
2019 $1,669 $168,035 $168,035 $0
2018 $1,186 $140,497 $0 $0
2017 $1,118 $136,405 $136,405 $0
2016 $1,065 $131,158 $0 $0
2015 $1,040 $129,030 $0 $0
2014 $878 $102,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 829038

Emerald Coast Association of REALTORS®

APN: 32-2S-21-42050-00A-0070