NOT LISTED FOR SALE

1987 Scenic Gulf Dr Unit C1 Miramar Beach, FL 32550

Estimated Value: $1,079,000 - $1,617,000

3 Beds
3.5 Baths
1,500 Sq Ft
$888/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $1,320,000 $880 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,899/month

286 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Fishing
  • Van R. Butler Elementary School Rated A-
  • Deeded access to the beach
  • Maid or Guest Quarters

About This Home

As of June 2024

Rental projections up to $122,000! It's perfect for an investment property with rentals on the books already, or as a primary or secondary home. This beachfront townhome comprises 3 bedrooms and 3.5 bathrooms, with an exceptional layout designed to maximize comfort and privacy. An exclusive feature is the self-contained guest quarters on the first floor, complete with a supplementary living area and a well-appointed full kitchen.

This is an extraordinary opportunity to own a unique Gulf-front corner townhouse nestled within the sought-after Costa Del Sol community. Revel in the coveted location of this splendid three-level residence, poised gracefully along the pristine shoreline of the Gulf of Mexico. Behold sweeping, uninterrupted views of the azure Gulf waters from each of the three balconies. Then just steps away is a private beach area offering an idyllic escape for tranquil relaxation.

The main level unveils an expansive living space and a sunlit nook, seamlessly connected to a private covered deck. Here, you can relish the pleasure of dining al fresco while indulging in the breathtaking panorama of the Gulf. The kitchen is tastefully outfitted with top-of-the-line GE appliances, sleek granite countertops, and bespoke painted cabinets, offering both style and ample storage. The dining area, perfectly positioned to make the most of the property's prime location, provides a stunning backdrop of the beach, enhancing every mealtime.

Ascending to the top floor, you'll find the primary and guest bedroom. The primary bedroom boasts spacious proportions and unobstructed Gulf vistas, complemented by a secluded balcony, where you can savor your morning coffee as well as the serene sunsets. The convenience of an ensuite bathroom and a neighboring laundry area enhances the functionality of the primary suite. An additional guest bedroom and bathroom on this floor ensure ample accommodations and individual privacy for residents and visitors alike.

This captivating property is offered fully furnished, allowing you to move in or begin renting seamlessly and immediately relish the coastal lifestyle. Included are two designated parking spaces, granting convenience and ease of access. Moreover, the ownership grants you the privilege of 15 feet of deeded beach space, along with multiple storage facilities.

For owners, the added benefit of LA DOLCE VITA membership offers 2 to 3 weeks of complimentary chair setup annually, ensuring leisure and comfort during your visits. For those interested, owners have the option to engage LA DOLCE VITA for seasonal chair arrangements for potential renters.

Approximate room dimensions are provided, and prospective buyers are encouraged to verify the details independently to ensure accuracy and satisfaction. Embrace this rare chance to own an elegant Gulf-front residence that harmonizes luxury, convenience, and natural beauty in an exclusive Miramar Beach locale.

Last Agent to Sell the Property

Sherrie Salas

Keller Williams Realty Destin License #3402412 Listed on: 08/23/2023

Keller Williams Realty Destin

Last Buyer's Agent

Sherrie Salas

Keller Williams Realty Destin License #3402412 Listed on: 08/23/2023

Keller Williams Realty Destin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,273

Year Built

  • Built in 1980

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 15 x 207
  • Property fronts gulf or ocean
  • Coastal Setback
  • Property fronts a county road
  • Partially Fenced Property
  • Corner Lot

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Beach House
  • Apartment
  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Dining Area
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Balcony
  • Covered Deck
  • Covered Patio or Porch

Additional Homes

  • Dwelling with Separate Living Area

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 30-2S-21-42300-000-0C01

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, cable TV
  • Costa Del Sol T/H Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Fishing

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,273

Year Built

Built in 1980

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Lot Size: 15 x 207
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: COSTA DEL SOL T/H
  • Directions: Costa Del Sol sits at the intersection of Holiday Road & Scenic Gulf Drive (on the Gulf side).
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1980
  • 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
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Waterfront:Unit Waterfront: Yes
  • Rooms:Dining Area: Yes
  • Rooms:Separate Apartment: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Floor Tile, Floor Vinyl, Furnished - All, Guest Quarters, Lighting Recessed, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: 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:Floor Vinyl: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Guest Quarters2: Yes

Exterior Features

  • Lot Features: Coastal Setback, Corner, Covenants, Restrictions, Within 1/2 Mile to Water
  • View: Gulf
  • Waterfront Features: Unit Waterfront, Gulf
  • Waterfront: Yes
  • Construction Type: Frame, Roof Metal, Stucco
  • Exterior Features: Balcony, Deck Covered, Fenced Lot-Part, Guest Quarters, Patio Covered, Separate Living Area, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • Lot Features:Coastal Setback: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Shower: Yes
  • Lot Features:Corner: Yes
  • Exterior:Guest Quarters: Yes
  • Exterior:Separate Living Area: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Fishing, Pets Allowed, TV Cable, Waterfront
  • Association #2 Fee: 625.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Legal, Cable TV

Schools

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

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 30-2S-21-42300-000-0C01
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6273.17
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
May 26, 2022
Sold by
Hall Kelvin D
Bought by
Potter Matthew Steven and Allen Nicole Lyn
Seller's Agent
The Stanley Group
LAH Real Estate at the Beach
Buyer's Agent
Sherrie Salas
Keller Williams Realty Destin
List Price
$1,452,000
Sold Price
$1,452,000
Current Estimated Value
$1,332,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$119,427
Avg. Annual Appreciation
-2.48%
Original Mortgage
$1,234,200
Outstanding Balance
$1,172,592
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$159,981
Source: Public Records

Range of Values:

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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
Potter Matthew Steven $1,452,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Matthew Steven $1,234,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $1,320,000 -2.2% $880 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/16/2024 05/16/24 Price Changed $1,350,000 -10.0% $900 / Sq Ft
10/04/2023 10/04/23 Price Changed $1,500,000 -3.2% $1,000 / Sq Ft
08/23/2023 08/23/23 For Sale $1,550,000 +6.7% $1,033 / Sq Ft
05/27/2022 05/27/22 Sold $1,452,000 0.0% $968 / Sq Ft View Prior Sale
02/06/2022 02/06/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $1,452,000 -- $968 / 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 $8,587 $1,345,204 $1,057,050 $288,154
2023 $8,587 $945,000 $0 $945,000
2022 $6,273 $756,000 $0 $756,000
2021 $5,710 $630,000 $0 $630,000
2020 $5,654 $630,000 $0 $630,000
2019 $5,145 $579,600 $0 $579,600
2018 $4,187 $425,880 $0 $0
2017 $3,898 $409,500 $0 $409,500
2016 $3,422 $342,000 $0 $0
2015 $3,476 $342,000 $0 $0
2014 $3,239 $314,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 930585

Emerald Coast Association of REALTORS®

APN: 30-2S-21-42300-000-0C01