NOT LISTED FOR SALE

261 Open Gulf St Miramar Beach, FL 32550

Estimated Value: $1,604,015 - $2,237,000

6 Beds
5 Baths
2,826 Sq Ft
$688/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $1,600,000 $566 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $11,368/month

82 Days on Market

Highlights

  • In Ground Pool
  • Gulf View
  • Newly Painted Property
  • Van R. Butler Elementary School Rated A-
  • Deck
  • Beach House

About This Home

As of September 2021

Positioned one row back from the gulf this 6 bedroom-5 bath home checks all the boxes. Updates in 2020 include a new roof, tiled showers, new bathroom cabinets, quartz tops, backsplash, interior paint, lighting, and some new furnishings. Private pool is right outside your door, the beach access is steps away and no home owners association fees. First floor offers kitchen, dining, 1 master suite and 2 bunk rooms. The second floor has a spacious light filled family room with gulf views, 2 master suites and 1 additional guest room with a hallway bath. Tower room has a sleeper sofa and could be used as an office also.
2021 rentals of $141K, remaining bookings at time of contract must be honored by buyers unless the rental company can move the bookings.

Last Agent to Sell the Property

Melissa Clements

Compass License #3022455 Listed on: 04/26/2021

Compass

Last Buyer's Agent

Steven Knight

Century 21 Wimco Realty Inc License #3352207

Century 21 Wimco Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,374

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x86
  • Property fronts a county road
  • Street terminates at a dead end
  • Corner Lot
  • Interior Lot
  • Level Lot
  • Irregular Lot

Parking

  • Oversized Parking

Home Design

  • Beach House
  • Newly Painted Property
  • Off Grade Structure
  • Frame Construction
  • Wood Siding
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 2,826 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Woodwork
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Window Treatments
  • Family Room
  • Sitting Room
  • Dining Area
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 5 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Above Ground Pool
  • Gunite Pool

Outdoor Features

  • Balcony
  • Deck
  • Built-In Barbecue

Location

  • Flood Insurance May Be Required

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating
  • Private Company Owned Well
  • Well
  • Electric Water Heater

Community Details

  • Buena Vista Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-2S-21-42520-000-0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,374

Year Built

Built in 2003 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Lot Size: 50X86
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: BUENA VISTA
  • Directions: FROM HWY 98 TURN SOUTH ONTO OPEN GULF STREET (JUST BEFORE MAINSAIL) CONTINUE DOWN TO THE BEACH AND FOLLOW AROUND YOU WILL BE STRAIGHT INTO THE DRIVEWAY.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2003
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Private Well: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Rooms:Sitting Room: Yes
  • Energy:AC - 2 or More: Yes
  • Rooms:Family Room: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Interior Amenities: Breakfast Bar, Fireplace, Floor Tile, Furnished - All, Lighting Recessed, Newly Painted, Owner's Closet, Renovated, Split Bedroom, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Corner, Dead End, Flood Insurance Req, Interior, Irregular, Level, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Foundation Off Grade, Frame, Vinyl Siding, Wood Siding, Trim Vinyl
  • Exterior Features: Balcony, BBQ Pit/Grill, Deck Open, Pool - Above Ground, Pool - Gunite Concrt, Pool - In-Ground
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • Lot Features:Survey Available: Yes
  • Exterior:Balcony: Yes
  • Lot Features:Flood Insurance Req: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Deck Open: Yes
  • Lot Features:Dead End: Yes
  • Exterior:Pool - In-Ground: Yes
  • Lot Features:Corner: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Siding Wood: Yes
  • ConstructionSiding:Foundation Off Grade: Yes
  • Lot Features:Irregular: Yes
  • Exterior:Pool - Gunite Concrt: Yes
  • Exterior:Pool - Above Ground: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Oversized
  • General Property Info:Garage2: No
  • Parking Features:Oversized: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Private Well, Public Sewer

Schools

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

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 33-2S-21-42520-000-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6374.21
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Sep 1, 2021
Sold by
261 One Gulf Llc
Bought by
Equisource Holdings Corporation
Seller's Agent
Melissa Clements
Compass
Buyer's Agent
Steven Knight
Century 21 Wimco Realty Inc
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$1,944,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,754
Avg. Annual Appreciation
4.87%
Original Mortgage
$1,280,000
Outstanding Balance
$1,204,884
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$739,870

Purchase Details

Closed on
Oct 7, 2010
Sold by
Carrato Anthony M and Carrato Carmine A
Bought by
261 Open Gulf Llc

Purchase Details

Closed on
Aug 6, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Carrato Anthony M and Carrato Carmine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2010
Sold by
Salome Blair J and Travis Bailey J
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Apr 14, 2008
Sold by
Emmert Dunnie and Emmert Betty S
Bought by
Blaire Salome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,023,750
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 5, 2001
Sold by
Bailey J Travis
Bought by
Emmert Dunnie and Emmert Betty S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
7%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Equisource Holdings Corporation $1,600,000 Aqua Title Services
261 Open Gulf Llc $208,500 Vintage Title & Escrow
Carrato Anthony M $527,000 Attorney
Jpmorgan Chase Bank National Association $85,200 None Available
Blaire Salome $1,365,000 Title Logix Inc
Emmert Dunnie $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Equisource Holdings Corporation $1,280,000
Previous Owner Carrato Anthony M $417,000
Previous Owner Blaire Salome $1,023,750
Previous Owner Emmert Dunnie $353,000
Closed Emmert Dunnie $56,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2022 09/26/22 Off Market $1,600,000 -- --
09/01/2021 09/01/21 Sold $1,600,000 0.0% $566 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $1,600,000 -- $566 / 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 $12,684 $1,515,942 $720,000 $795,942
2023 $12,684 $1,281,922 $0 $0
2022 $10,800 $1,165,384 $450,335 $715,049
2021 $6,669 $729,814 $393,890 $335,924
2020 $6,374 $685,469 $360,360 $325,109
2019 $5,975 $665,488 $346,500 $318,988
2018 $4,894 $493,857 $0 $0
2017 $4,638 $491,144 $171,600 $319,544
2016 $4,454 $484,247 $0 $0
2015 $3,724 $366,356 $0 $0
2014 $3,789 $367,495 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 870270

Emerald Coast Association of REALTORS®

APN: 33-2S-21-42520-000-0010