NOT LISTED FOR SALE

187 Brooks St SE Unit B403 Fort Walton Beach, FL 32548

Estimated Value: $757,162 - $924,000

3 Beds
3 Baths
2,058 Sq Ft
$536/mo HOA Fee

Last Sold September 16, 2016

Last sale price $439,000 $213 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,857/month

181 Days on Market

Highlights

  • Views of a Sound
  • Boat Dock
  • Property fronts an intracoastal waterway
  • Choctawhatchee Senior High School Rated A-
  • Parking available for a boat
  • 5-minute walk to Fort Walton Beach Landing Park

About This Home

As of September 2016

New pricing! Huge waterfront Condominium in a great location with fantastic views! This unit has the best views of the Santa Rosa Sound facing the sunset! This spacious 3 bedroom and 3 full bath luxury condo is situated on the waters of the beautiful downtown restaurant row area of Fort Walton Beach. The downtown area of Fort Walton Beach is going through a period of positive growth which should provide increasing values for years to come! The amenities are what you find in condo projects selling for much more. As you arrive at Sailwatch Landing, the security is evident with gated entryways to all common areas. There is a gym and pool area. This unit comes with a private garage and large storage facility. Large balcony is great for entertaining. Boat slip and extra garage available! Ventless Gas Fireplace provides abundant heat on cooler mornings. This unit is complete and ready to move in to.

Schedule your showing today! Condominium fees include: Accounting, Gas, Grounds keeping, Insurance, Recreation facilities, Repairs and maintenance, Sewer, Trash disposal and Water! This end unit in Sailwatch Landing is on the fourth floor of the waterfront building with unobstructed views of the beautiful waters of the Emerald Coast! Buyer to verify all data and dimensions.

Incredible price! Owner wants this closed by year's end!. Don't miss this opportunity to get a great deal on an incredible, virtually new condominium in the heart of Fort Walton Beach!

Last Listed By

ecn.rets.e4040

ecn.rets.RETS_OFFICE Listed on: 01/30/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,221

Year Built

  • Built in 2006

Lot Details

  • Property fronts an intracoastal waterway
  • Home fronts a sound

HOA Fees

  • $536 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Parking available for a boat

Property Views

  • Views of a Sound
  • Intracoastal Views

Home Design

  • Pitched Roof
  • Built-Up Roof
  • Metal Roof
  • Concrete Siding
  • Piling Construction
  • Stucco

Interior Spaces

  • 2,058 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Area
  • Home Office
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Home Security

Accessible Home Design

  • Handicap Accessible
  • Handicap Modified

Outdoor Features

  • Outdoor Shower
  • Docks
  • Balcony

Schools

  • Elliott Point Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Underground Utilities
  • Water Tap Fee Is Paid
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-2S-24-1305-0000-B403

Community Details

Overview

  • Association fees include accounting, advertising, ground keeping, insurance, land recreation, licenses/permits, management, sewer, water, cable TV, taxes, trash
  • Sailwatch Landing Subdivision
  • 5-Story Property

Amenities

  • Community Barbecue Grill
  • Recreation Room
  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Pool
  • Fishing

Security

  • Gated Community
  • Building Fire Alarm
  • Storm Windows
  • Storm Doors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,221

Year Built

Built in 2006

Lot Details

0

HOA Fees

$536 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SAILWATCH LANDING
  • Directions: Traveling East on HWY 98, take a right at Brooks St. Go past Fort Walton Beach Landing and Sailwatch Landing are the last condos on the right. 187 Brooks St Unit B403
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 5
  • Year Built: 2006
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electric: Yes
  • Appliances Microwave: Yes
  • Special Features: None
  • Stories: 5

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Fire Alarm/Sprinkler, Microwave, Refrigerator W/IceMk, Stove/Oven Electric
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Interior Amenities: Breakfast Bar, Fireplace Gas, Floor Tile, Furnished - Some, Handicap Provisions, Lighting Recessed, Washer/Dryer Hookup
  • Stories: 5
  • Window Features: Double Pane Windows, Storm Window(s)
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Refrigerator WIceMk: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Sound
  • Waterfront Features: Unit Waterfront, Intracoastal Wtrwy, Sound
  • Waterfront: Yes
  • Construction Type: Concrete, Foundation On Piling, Roof Built-Up, Roof Metal, Roof Pitched, Stucco
  • Exterior Features: Balcony, Dock, Shower
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Roof Built-Up: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Boat
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Boat: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Lift Station, Phone, Public Sewer, Public Water, Tap Fee Paid, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Dock, Elevators, Exercise Room, Fishing, Gated Community, Pool, Separate Storage, TV Cable, Waterfront
  • Association #2 Fee: 536.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Advertising, Ground Keeping, Insurance, Land Recreation, Licenses/Permits, Management, Sewer, Water, Cable TV, Taxes, Trash

Schools

  • Elementary School: Elliott Point
  • High School: Fort Walton Beach
  • Middle Or Junior School: Bruner

Lot Info

  • Parcel #: 24-2S-24-1305-0000-B403
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5221.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2016
Closed on
Sep 15, 2016
Sold by
Pennington Hal Norman and Pennington Peggy Springfield
Bought by
Lamoknte Kirk J and Lamoknte Jennifer D
Seller's Agent
ecn.rets.e4040
ecn.rets.RETS_OFFICE
Buyer's Agent
Robyn Riddle
Nautical Real Estate LLC
List Price
$439,000
Sold Price
$439,000
Total Days on Market
181
Current Estimated Value
$845,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,791
Avg. Annual Appreciation
7.72%
Original Mortgage
$395,100
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2012
Sold by
Pennington Hal Norman and Pennington Peggy S
Bought by
Pennington Hal Norman and Pennington Peggy Springfield

Purchase Details

Closed on
Aug 28, 2006
Sold by
Sailwatch Landing Llc
Bought by
Pennington Hal Norman and Pennington Peggy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,200
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Lamoknte Kirk J $439,000 Old South Land Title
Pennington Hal Norman -- None Available
Pennington Hal Norman $799,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamonte Kirk J $100,000
Open Lamonte Kirk J $356,500
Closed Lamoknte Kirk J $395,100
Previous Owner Pennington Hal N $616,000
Previous Owner Pennington Hal Norman $639,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $439,000 0.0% $213 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
01/30/2016 01/30/16 For Sale $439,000 -- $213 / 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 $7,045 $643,500 -- $643,500
2023 $7,045 $533,000 $0 $533,000
2022 $6,480 $443,000 $0 $443,000
2021 $6,335 $413,000 $0 $413,000
2020 $6,216 $403,000 $0 $403,000
2019 $6,174 $393,000 $0 $393,000
2018 $6,110 $382,000 $0 $0
2017 $6,198 $382,000 $0 $0
2016 $5,876 $364,000 $0 $0
2015 $5,484 $332,000 $0 $0
2014 $5,221 $313,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 727382

Emerald Coast Association of REALTORS®

APN: 24-2S-24-1305-0000-B403