NOT LISTED FOR SALE

242 Miami St Miramar Beach, FL 32550

Estimated Value: $1,184,000 - $1,539,000

5 Beds
5 Baths
2,950 Sq Ft
$468/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $665,000 $225 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $8,166/month

81 Days on Market

Highlights

  • Beach House
  • Wood Flooring
  • Home Office
  • Van R. Butler Elementary School Rated A-
  • Community Pool
  • Covered Patio or Porch

About This Home

As of July 2020

Rental Projections just came in at $77,000!!! First property inside the Villas of Frangista Beach allows you to be the closest home to the beach access in the in the entire neighborhood! This 5 bedroom home features TWO MASTER BEDROOMS and is ideal for large families or multiple families vacationing together. 5 full baths insures privacy for everyone involved. Gorgeous scratch resistant, waterproof luxury vinyl plank covers the entire home. Virtually indestructible it can handle whatever you throw at it. Pets, sand, salt water, spills, bring it on! Stunning large kitchen with gas range and large dinning living area. Granite countertops throughout. Two large covered tile porches for grilling and porch sitting. BRAND NEW. Low HOA dues. Builders warranty. Low insurance costs.

Last Agent to Sell the Property

Zach Mclean

Mainsail Realty Company License #3265272 Listed on: 03/09/2020

Last Buyer's Agent

Cody Dawson

Gulf Coast Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,780

Year Built

  • Built in 2019

HOA Fees

  • $142 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Beach House
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2,950 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Home Office

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 5 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Home Security

  • Storm Windows
  • Storm Doors

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Water Tap Fee Is Paid
  • Well
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • Lot Dimensions are 55x100

Listing and Financial Details

  • Assessor Parcel Number 32-2S-21-42050-00H-0120

Community Details

Overview

  • Association fees include management, recreational faclty
  • Frangista Beach 2Nd Addn Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,780

Year Built

Built in 2019

Lot Details

0

HOA Fees

$142 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 55x100
  • Subdivision Name: FRANGISTA BEACH 2ND ADDN
  • Directions: Follow Miami Ave north from scenic 98 until you run into the main gate of the Villas of Frangista. Take a left at the front gate onto West Palm st. West Palm will turn into Charlotte Ave. From Charlotte, take your first right onto Penelope and then a right back onto Miami st. House is the first property inside the gate on the left heading south on Miami.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2019
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Utilities:Private Well: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Rooms:Covered Porch: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Storm Windows: Yes
  • Rooms:Office2: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Stove/Oven Electric, Water Heater - Elect
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Flooring: Floor Hardwood, Floor Tile
  • Window Features: Storm Windows
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Frame
  • Foundation Details: Slab
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Frame: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Garage, Covered
  • Parking Features:Garage Attached: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Public Water, Tap Fee Paid
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Pool
  • Association #2 Fee: 425.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Management, Recreational Faclty

Schools

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

Lot Info

  • Parcel #: 32-2S-21-42050-00H-0120
  • Zoning: Resid Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Jul 14, 2020
Sold by
Lutz And Mclean Llc
Bought by
Glenn Christopher and Glenn Jeanette M
Seller's Agent
Zach Mclean
Mainsail Realty Company
Buyer's Agent
Cody Dawson
Gulf Coast Real Estate Services
List Price
$665,000
Sold Price
$665,000
Current Estimated Value
$1,379,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$714,456
Avg. Annual Appreciation
14.82%
Original Mortgage
$399,000
Outstanding Balance
$353,807
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,025,649

Purchase Details

Closed on
May 31, 2019
Sold by
Hastalagista Llc
Bought by
Lutz Nd Mclean Llc
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
Glenn Christopher $665,000 Mcneese Title Llc
Lutz Nd Mclean Llc $103,000 Burke Law And Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glenn Christopher $399,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2020 07/14/20 Sold $665,000 0.0% $225 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $665,000 -- $225 / 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 $8,780 $1,273,221 $427,500 $845,721
2023 $8,780 $696,254 $0 $0
2022 $7,384 $979,185 $157,240 $821,945
2021 $5,570 $575,416 $137,532 $437,884
2020 $1,047 $104,853 $104,853 $0
2019 $819 $100,821 $100,821 $0
2018 $711 $84,298 $0 $0
2017 $671 $81,843 $81,843 $0
2016 $639 $78,695 $0 $0
2015 $624 $77,418 $0 $0
2014 $527 $61,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 842299

Emerald Coast Association of REALTORS®

APN: 32-2S-21-42050-00H-0120