$125,000
SOLD MAR 13, 2020

Pirates Bay 214 Miracle Strip Pkwy SW Unit B306 Fort Walton Beach, FL 32548

-- Bed
1 Bath
325 Sq Ft
$406/mo HOA Fee

Recently Sold

$385 Per Sq Ft

79 Days on Market

Highlights

  • Marina
  • Views of a Sound
  • Home fronts a seawall
  • Fort Walton Beach High School Rated A
  • Boat Dock
  • Deeded access to the beach

About This Home

As of October 2023

ACT NOW! 18% - 23% RETURN ON INVESTMENT OPPORTUNITY W/BOAT SLIP!! Based on ACTUAL $36,859 annual rental income, earn est $29,456 Annual NET Income on cash purchase or $22,891 annually on a financed purchase . Offering a comfortable living area, sleeping area, kitchenette & remodeled bathroom, this fully furnished, renovated Sound front studio generates $33,859 rental income BEFORE cleaning & taxes plus $3,000 annual boat slip income to bring the total rental income to $36,859. Offering 2 large beautiful waterfront pools, picnic area w/BBQs & large marina, Pirate's Bay Condos offer a beautiful, tranquil setting for a quick getaway or longer vacation. Located in the heart of Fort Walton,, great restaurants & shopping are close by. ACT NOW as this incredible opportunity won't last long. ACT NOW as this incredible investment opportunity won't last long.

Last Agent to Sell the Property

Karen Martineau

RE/MAX Coastal Properties License #3096846 Listed on: 12/11/2019

RE/MAX Coastal Properties

Last Buyer's Agent

Andrew Tidwell

Jan Hooks Real Estate Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,164

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • Back Yard Fenced
  • Sprinkler System
  • Lawn Pump

HOA Fees

  • $406 Monthly HOA Fees

Property Views

Home Design

  • Studio
  • Flat Roof Shape
  • Flat Roof with Façade front
  • Membrane Roofing
  • Concrete Roof
  • Concrete Siding
  • Steel Siding
  • Stucco

Interior Spaces

  • 325 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Woodwork
  • Double Pane Windows
  • Window Treatments
  • Microwave

Flooring

  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Boat Slip
  • Docks
  • Balcony
  • Built-In Barbecue

Schools

  • Edwins Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 23-2S-24-401A-0000-B306

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, land recreation, legal, licenses/permits, management, repairs/maintenance, sewer, water, cable TV, trash
  • 60 Buildings
  • 60 Units
  • Pirates Bay Ph 1 Subdivision

Amenities

  • Community Barbecue Grill
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Building Fire Alarm
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,164

Year Built

Built in 1988 | Remodeled

Lot Details

0

HOA Fees

$406 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PIRATES BAY PH 1
  • Directions: Hwy 98 (Miracle Strip Pkwy): Property located on the Water Side of the Hwy just to the West of Olive Garden. It's a 4-Story Curved Building known as Building ''B'. Unit is on the 3rd Floor #B306
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1988
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Appliances Microwave: Yes
  • Waterview:Sound2: Yes
  • Energy:Double Pane Windows: Yes
  • Waterfront:Unit Waterfront: Yes
  • Waterview:Intracoastal Waterwy: Yes
  • Waterfront:Intracoastal Wtrwy: Yes
  • Waterfront:Shore - Seawall: Yes
  • Waterfront:Sound: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Number Of Buildings: 60
  • Appliances: Fire Alarm/Sprinkler, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Interior Amenities: Floor Tile, Furnished - All, Renovated, Window Treatment All, Woodwork Painted
  • Stories: 4
  • Window Features: Double Pane Windows
  • Appliances:Fire AlarmSprinkler: Yes
  • Interior:Floor Tile: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Woodwork Painted: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Sound
  • Waterfront Features: Unit Waterfront, Intracoastal Wtrwy, Shore - Seawall, Sound
  • Waterfront: Yes
  • Construction Type: Concrete, Roof Concrete, Roof Flat, Roof Membrane, Steel, Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Boat Slip, Dock, Fenced Back Yard, Lawn Pump, Pool - In-Ground, Sprinkler System, TV Antenna
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Roof Flat: Yes
  • ConstructionSiding:Roof Concrete: Yes
  • Exterior:Boat Slip: Yes
  • Exterior:Dock: Yes
  • Exterior:TV Antenna: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • Parking Features:Other3: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Deed Access, Dock, Dumpster, Elevators, Laundry, Marina, Pets Allowed, Pool, TV Cable, Waterfront
  • Association #2 Fee: 406.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Land Recreation, Legal, Licenses/Permits, Management, Repairs/Maintenance, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 23-2S-24-401A-0000-B306
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2025
Sold by
Steward Jazzmine
Bought by
Alba Susan K
Current Estimated Value
$189,949

Purchase Details

Listed on
Aug 30, 2023
Closed on
Oct 31, 2023
Sold by
Murray John M
Bought by
Steward Jazzmine
Seller's Agent
Claire Gagne
RE/MAX By the Sea
Buyer's Agent
Ronald Chambers
Robert Slack LLC
List Price
$195,000
Sold Price
$189,900
Premium/Discount to List
-$5,100
-2.62%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Original Mortgage
$10,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2019
Closed on
Mar 13, 2020
Sold by
Cadmon Properties Llc
Bought by
Murray John M
Seller's Agent
Karen Martineau
RE/MAX Coastal Properties
Buyer's Agent
Andrew Tidwell
Jan Hooks Real Estate Group Inc
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%

Purchase Details

Listed on
Feb 9, 2017
Closed on
Sep 27, 2017
Sold by
Gutierrez Joseph E and Gutierrez Phyllis A
Bought by
Cadmon Properties Llc
Seller's Agent
Tom Osborne
Osborne Realty
Buyer's Agent
Karen Martineau
RE/MAX Coastal Properties
List Price
$92,900
Sold Price
$92,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.88%
Original Mortgage
$72,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 2014
Sold by
Gutierrez Joseph E
Bought by
Doty Gutierrez Joseph E and Doty Guetierrez Phyllis A

Purchase Details

Closed on
Jun 9, 2004
Sold by
Osborne Thomas C and Osborne Brenda S
Bought by
Gutierrez Joseph E
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $190,000 None Listed On Document
Warranty Deed $189,900 Absolute Title
Warranty Deed $125,000 Old South Land Title Co Inc
Warranty Deed $92,900 Attorney
Interfamily Deed Transfer -- None Available
Warranty Deed $109,900 Associated Land Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $10,000 New Conventional
Previous Owner $180,900 VA
Previous Owner $72,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2024 08/18/24 Off Market $189,900 -- --
10/31/2023 10/31/23 Sold $189,900 0.0% $584 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/21/2023 09/21/23 Price Changed $189,900 -2.6% $584 / Sq Ft
08/30/2023 08/30/23 For Sale $195,000 +56.0% $600 / Sq Ft
03/13/2020 03/13/20 Sold $125,000 0.0% $385 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
12/11/2019 12/11/19 For Sale $125,000 +34.6% $385 / Sq Ft
09/29/2017 09/29/17 Sold $92,900 0.0% $286 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $92,900 -- $286 / 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 $2,164 $168,000 -- $168,000
2023 $2,164 $180,000 $0 $180,000
2022 $1,984 $139,500 $0 $139,500
2021 $1,825 $115,000 $0 $115,000
2020 $1,429 $100,000 $0 $100,000
2019 $1,188 $78,500 $0 $78,500
2018 $1,072 $67,000 $0 $0
2017 $1,014 $62,500 $0 $0
2016 $919 $57,000 $0 $0
2015 $893 $57,000 $0 $0
2014 $784 $47,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Claire Gagne

    Seller's Agent in 2023

    Claire Gagne

    RE/MAX

    (850) 259-4681

    2 in this area

    9 Total Sales

    Claire Gagne
    Section Image
  • Bill Reddington

    Seller Co-Listing Agent in 2023

    Bill Reddington

    RE/MAX by the Sea

    (850) 259-4683

    2 in this area

    23 Total Sales

    Bill Reddington
    Section Image

  • R

    Buyer's Agent in 2023

    Ronald Chambers

    Robert Slack LLC

    Section Image
  • Karen Martineau

    Seller's Agent in 2020

    Karen Martineau

    RE/MAX

    (850) 420-7200

    7 in this area

    186 Total Sales

    Karen Martineau
    Section Image

  • A

    Buyer's Agent in 2020

    Andrew Tidwell

    Jan Hooks Real Estate Group Inc

  • e

    Buyer's Agent in 2020

    ecn.rets.e3167

    ecn.rets.RETS_OFFICE

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About Pirates Bay

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 836679

Emerald Coast Association of REALTORS®

APN: 23-2S-24-401A-0000-B306

Florida Okaloosa County Fort Walton Beach 32548

214 Miracle Strip Pkwy SW Unit B306, Fort Walton Beach, FL

This home is located at 214 Miracle Strip Pkwy SW Unit B306, Fort Walton Beach, FL 32548 and is currently priced at $125,000, approximately $384 per square foot. This property was built in 1988. 214 Miracle Strip Pkwy SW Unit B306 is a home located in Okaloosa County with nearby schools including Annette P. Edwins Elementary School, Max Bruner Junior Middle School, and Fort Walton Beach 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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