NOT LISTED FOR SALE

2775 Scenic Gulf Dr Unit s 1, 2, 3, 4, 5, Miramar Beach, FL 32550

Miramar Beach Neighborhood

Estimated Value: $1,381,957 - $2,339,000

24 Beds
24 Baths
9,726 Sq Ft
$170/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $8,200,000 $843 Per Sq Ft

Current estimated payment $9,759/month

101 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Maid or Guest Quarters
  • Covered patio or porch
  • Van R. Butler Elementary School Rated A-
  • Furnished
  • 3-minute walk to Deer Lake

About This Home

As of October 2023

101' of PRIME Sugar-White, Beach-Frontage, which extends to the high mean water line of the spectacular Emerald Green waters of the Gulf of Mexico in the Frangista Beach area of Destin, Florida! The offering presents a RARE opportunity to acquire (6) contiguous, FULLY renovated, income producing beachfront townhomes in the municipality of Miramar Beach! Each unit has been thoughtfully renovated and designed with unique character. The location is superb, with an abundance of commercial conveniences in proximity to the landmark site. This opportunity involves ownership of the building in entirety, with an extraordinary expanse of beach-frontage for you and your guests to enjoy. Please inquire for further details and to coordinate showings.

Last Agent to Sell the Property

- Ecn.rets.e9369

ecn.rets.RETS_OFFICE Listed on: 06/29/2023

Co-Listed By

Rachael Earley

Somers & Company License #3118214

Last Buyer's Agent

Ron Henke

Lokation License #3024526

Lokation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,763

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 101 x 213
  • Property fronts gulf or ocean

Interior Spaces

  • 9,726 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Dining Room
  • Gulf Views

Bedrooms and Bathrooms

  • 24 Bedrooms
  • En-Suite Primary Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite

Outdoor Features

  • Balcony
  • Covered patio or porch

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-21-42540-000-0010

Community Details

Overview

  • Frangista Beach Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,763

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size: 101 x 213
  • Co List Office Mls Id: EJPS
  • Co List Office Phone: 850-654-7777
  • Subdivision Name: FRANGISTA BEACH
  • Directions: 2775 Scenic Gulf Drive, Miramar Beach, FL 32550
  • Architectural Style: Townhome
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1985
  • Utilities Electric: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Full Bathrooms: 18
  • Half Bathrooms: 6
  • Total Bedrooms: 24
  • Interior Amenities: Furnished - All

Exterior Features

  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony, Guest Quarters, Patio Covered, Patio Open, Porch
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: 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: Pets Allowed

Schools

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

Lot Info

  • Parcel #: 30-2S-21-42540-000-0010
  • Zoning: County, Resid
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
Gulf Sands West Properties Inc
Bought by
Carrot Top Beach Rentals Llc
Current Estimated Value
$1,650,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,860
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2006
Sold by
Morgan David G
Bought by
Gulf Sands West Properties Inc

Purchase Details

Closed on
Mar 11, 2005
Sold by
Martin William J
Bought by
Morgan David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 1, 2003
Sold by
Rotty Maxene Y
Bought by
Martin William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.62%
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 Buyer Sale Price Title Company
Carrot Top Beach Rentals Llc $4,000,000 Mcneese Title Llc
Gulf Sands West Properties Inc $3,408,200 Mcneese Title Llc
Morgan David G $800,000 Mcneese Title Llc
Martin William J $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrot Top Beach Rentals Llc $1,230,000
Closed Carrot Top Beach Rentals Llc $860,860
Open Carrot Top Beach Rentals Llc $3,200,000
Previous Owner Morgan David G $640,000
Previous Owner Martin William J $340,000
Previous Owner Rotty Maxene Y $93,093
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $8,200,000 -18.0% $843 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
07/23/2023 07/23/23 Price Changed $9,995,000 -4.8% $1,028 / Sq Ft
06/29/2023 06/29/23 For Sale $10,500,000 0.0% $1,080 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/07/2023 05/07/23 For Sale $10,500,000 -- $1,080 / 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 $6,763 $1,230,829 $697,550 $533,279
2023 $6,763 $744,282 $0 $744,282
2022 $6,271 $676,620 $0 $676,620
2021 $3,185 $338,310 $0 $338,310
2020 $2,905 $290,965 $0 $290,965
2019 $2,833 $285,260 $0 $285,260
2018 $2,762 $276,952 $0 $0
2017 $2,639 $266,300 $0 $266,300
2016 $2,538 $253,619 $0 $0
2015 $2,578 $253,619 $0 $0
2014 $2,615 $253,619 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • -

    Seller's Agent in 2023

    - Ecn.rets.e9369

    ecn.rets.RETS_OFFICE

  • Rachael Earley

    Seller Co-Listing Agent in 2023

    Rachael Earley

    Somers & Company

    (850) 225-6478

    22 in this area

    263 Total Sales

    Rachael Earley
    Section Image
  • Ron Henke

    Buyer's Agent in 2023

    Ron Henke

    Lokation

    (850) 259-6550

    12 in this area

    68 Total Sales

    Ron Henke
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 922752

Emerald Coast Association of REALTORS®

APN: 30-2S-21-42540-000-0010

Florida Walton County Miramar Beach 32550 Miramar Beach

2775 Scenic Gulf Dr Unit s 1, 2, 3, 4, 5,, Miramar Beach, FL

This home is located at 2775 Scenic Gulf Dr Unit s 1, 2, 3, 4, 5,, Miramar Beach, FL 32550 since 29 June 2023 and is currently estimated at $1,650,489, approximately $169 per square foot. This property was built in 1985. 2775 Scenic Gulf Dr Unit s 1, 2, 3, 4, 5, is a home located in Walton County with nearby schools including Van R. Butler Elementary School, Emerald Coast Middle School, and South Walton 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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