NOT LISTED FOR SALE

Estimated Value: $2,226,000 - $6,590,000

7 Beds
7 Baths
3,616 Sq Ft
$1,390/Sq Ft Est. Value

Sale Details

Date Sold: September 14, 2020

Last sale price $3,900,000 $1,079 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $31,207 / mo

28 Days on Market

Highlights

  • Property fronts gulf or ocean
  • In Ground Pool
  • Covered Deck
  • Van R. Butler Elementary School Rated A-
  • 0.55 Acre Lot
  • Newly Painted Property

About This Home

As of September 2020

Situated on more than a half-acre in Miramar Beach, and right on the Gulf of Mexico, this inspiring beach bungalow has been fully renovated and provides picturesque views of the emerald green waters only footsteps away. The 3,616-sq.-ft. home is projected to eclipse $409k in gross rental income, sold fully furnished, and can accommodate 24 people with five bedrooms in the main house and an additional two bedrooms in the carriage house. Completely remodeled from the ground up, the exterior of the home offers all new HardiePlank, new roof and impact glass windows, a spacious and updated outdoor deck with expansive beach views for outdoor dining or entertaining, a new privacy fence, and a private path to the gulf waters. Interior provisions include an open living area with expansive... windows and a high ceiling, while the gourmet kitchen features quartz countertops, brand new stainless steel appliances, and a wine cooler. This home has been freshly painted inside and out and has several high-end finishes, including elegant furnishings and decor, modern coastal light fixtures, new flooring throughout, bathroom upgrades, and beautiful custom-tiled bathrooms. Additional updates include new A/C units, tankless hot water heaters and gas pool heater. Offering 50 feet of gulf frontage and plenty of parking, this exquisite home offers high rental earning potential, or an idyllic locale for a secondary home. Take a dip in a private pool or enjoy easy access to one of the infamous Emerald Coast beaches - just steps from the house. Located off Highway 98, this home is also just a quick drive to some of the area's best shopping and dining destinations.

Last Agent to Sell the Property

Caleb Midgett

Scenic Sotheby's International Realty Brokerage Email: caleb@scenicsir.com License #3125648 Listed on: 07/01/2020

Scenic Sotheby's International Realty

Last Buyer's Agent

Heather Parrish

Scenic Sotheby's International Realty License #3324416

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,466

Year Built

  • Built in 1996

Lot Details

  • 23,958 Sq Ft Lot
  • Lot Dimensions are 50x485
  • Property fronts gulf or ocean
  • Property fronts a county road
  • Street terminates at a dead end
  • Privacy Fence
  • Sprinkler System

Home Design

  • Beach House
  • Newly Painted Property
  • Metal Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,616 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Sitting Room
  • Living Room
  • Dining Area
  • Gulf Views

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • 7 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Oversized Parking
  • Guest Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System

Additional Features

  • Covered Deck
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 34-2S-21-42000-019-0011

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,466

Year Built

Built in 1996

Lot Details

0.55 Acres

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Lot Size: 50x485
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: METES & BOUNDS
  • Directions: Just East of the Silver Sands Outlet Mall, turn right on Sandtrap Road. Dollar General Store will be on your right. Take it to the end of the street and dead end into 247 Sandtrap.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1996
  • Attribution Contact: caleb@scenicsir.com
  • Remarks Misc:Remarks: Situated on more than a half-acre in Miramar Beach, and right on the Gulf of Mexico, this inspiring beach bungalow has been fully renovated and provides picturesque views of the emerald green waters only footsteps away. The 3,616-sq.-ft. home is projected to eclipse $409k in gross rental income, sold fully furnished, and can accommodate 24 people with five bedrooms in the main house and an additional two bedrooms in the carriage house. Completely remodeled from the ground up, the exterior of the home offers all new HardiePlank, new roof and impact glass windows, a spacious and updated outdoor deck with expansive beach views for outdoor dining or entertaining, a new privacy fence, and a private path to the gulf waters. Interior provisions include an open living area with expansive...
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Rooms:Sitting Room: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Storm Windows: Yes
  • Energy:Storm Doors: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished - All
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven Continue Clean, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 7
  • Total Bedrooms: 7
  • Door Features: Storm Door(s)
  • Interior Amenities: Ceiling Vaulted, Lighting Recessed, Newly Painted, Washer/Dryer Hookup
  • Window Features: Storm Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Newly Painted: Yes
  • Appliances:Wine Refrigerator: Yes
  • Appliances:Oven Continue Clean: Yes

Exterior Features

  • Fencing: Fenced Privacy
  • Lot Features: Dead End, Flood Insurance Req, Within 1/2 Mile to Water
  • Pool Features: Pool - In-Ground, Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Siding CmntFbrHrdBrd
  • Exterior Features: Shower, Sprinkler System
  • Foundation Details: Foundation On Piling
  • Patio And Porch Features: Deck Covered, Deck Open
  • Property Condition: Renovated, Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Deck Covered: Yes
  • Lot Features:Flood Insurance Req: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Deck Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Lot Features:Dead End: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Public Water

Schools

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

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Parcel #: 34-2S-21-42000-019-0011
  • Zoning: Resid Single Family

Tax Info

  • Tax Annual Amount: 16466.5
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Sep 14, 2020
Sold by
Bought by
Seller's Agent
Caleb Midgett
Scenic Sotheby's International Realty
Buyer's Agent
Heather Parrish
Scenic Sotheby's International Realty
List Price
$3,900,000
Sold Price
$3,900,000
Current Estimated Value
$5,025,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,125,535
Avg. Annual Appreciation
4.45%
Original Mortgage
$2,900,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,000
Interest Rate
0.0362%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 5, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,900,000 Aqua Title Services
-- Attorney
$1,212,500 Southern Escrow & Title Llc
$300,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,400,000
Closed $2,900,000
Closed $2,900,000
Previous Owner $970,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/14/2020 09/14/20 Sold $3,900,000 0.0% $1,079 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $3,900,000 -- $1,079 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $46,850 $5,501,161 $2,288,020 $3,213,141
2024 $38,618 $4,822,367 $1,600,520 $3,221,847
2023 $38,618 $4,051,990 $0 $0
2022 $36,401 $4,199,843 $1,671,178 $2,528,665
2021 $32,415 $3,348,752 $1,461,713 $1,887,039
2020 $17,593 $1,762,440 $1,337,284 $425,156
2019 $17,153 $1,727,186 $1,285,850 $441,336
2018 $15,725 $1,580,828 $0 $0
2017 $14,763 $1,545,582 $1,116,438 $429,144
2016 $13,794 $1,451,219 $0 $0
2015 $12,014 $1,181,953 $0 $0
2014 $11,205 $1,086,962 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 849484

Emerald Coast Association of REALTORS®

APN: 34-2S-21-42000-019-0011

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