$825,000
SOLD MAR 14, 2018
5 Beds
5.5 Baths
2,806 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$294 Per Sq Ft

37 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Vaulted Ceiling
  • Van R. Butler Elementary School Rated A-
  • In Ground Pool
  • Beach House

About This Home

As of April 2022

Looking for an excellent Beach investment property or 2nd Home w/potential to make money? ACT NOW. Earn an estimated 16% -25% Return on investment on this beautiful, BRAND NEW, fully furnished Beach House which sleeps 24, just 3 1/2 blocks to the beach! With NO HOA fees and $105,104 projected 2018 rental income, take advantage of this fantastic opportunity to maximize your annual net income. This Home's open floor plan w/extra large great room, fantastic outdoor kitchen w/gas grill, sink & fridge, salt water pool & private back yard set it aside from the others. High ceilings, gray vinyl plank flooring throughout & gray, blue & white color scheme provide a fresh, light feel. The gourmet Kitchen w/stunning granite counters, Samsung SS appliances & large island takes center stage. Offering 2 Master Suites & 3 add'l BR's each w/their own bathroom, plus an add'l loft/flex area, there's enough room for everyone. A pool view balcony, large Master Bath & spacious Master closet accent the primary Master. Built to the newest codes by Shiloh Construction, this home's metal roof & impact glass windows provide piece of mind. Other features include a Renai tankless hot water heater, all NEW furnishings, accessories, and 6 new ultra high definition TVs: a 65 inch in the Great rm, two 43 inch TVs in the Masters and three 32 inch TVs in the other bedrooms.

Relax and entertain from your spacious, LOW maintenance fenced backyard with outdoor kitchen, patio, and large heated salt water gunite pool. Privacy and beautiful palm trees provide a peaceful, relaxing setting. Deeded beach access to the sugar white sand & crystal blue waters of the Gulf is just 3 1/2 blocks away! Located in the heart of Miramar Beach, this incredible home is close to restaurants, golf courses and the SilverSands Outlet Mall. Buyer to verify all information important to them. Take advantage of this opportunity to own the beach investment property or 2nd Home you've always dreamed of.

Last Agent to Sell the Property

Karen Martineau

RE/MAX Coastal Properties License #3096846 Listed on: 01/08/2018

RE/MAX Coastal Properties

Last Buyer's Agent

The Richards Group

Coastal Sands Properties LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,674

Year Built

  • Built in 2017

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50' x 100'
  • Back Yard Fenced
  • Interior Lot

Parking

  • Guest Parking

Home Design

  • Beach House
  • Exterior Columns
  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,806 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Woodwork
  • Vaulted Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Sitting Room
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Induction Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered patio or porch
  • Outdoor Kitchen

Schools

  • Destin Elementary And Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32-2S-21-42050-00B-0020

Community Details

Overview

  • Frangista Beach 1St Addn Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,674

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 50' x 100'
  • Road Surface Type: Paved
  • Subdivision Name: FRANGISTA BEACH 1ST ADDN
  • Directions: From Highway 98 in Miramar Beach, turn south onto S. Holiday Road until it dead ends and turn left onto Scenic Gulf Drive. Take first left onto Hollywood Street. Turn right onto Daytona Street and take first left onto W. Palm Beach Court. The new Home will be on your left.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2017
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Washers: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Sitting Room: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Warranty Provided, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Raised, Floor Vinyl, Floor WW Carpet New, Furnished - All, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Warranty Provided: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Vinyl: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Floor WW Carpet New: Yes

Exterior Features

  • Lot Features: Interior, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Frame, Roof Metal, Stucco
  • Exterior Features: Balcony, Columns, Fenced Back Yard, Fenced Lot-Part, Patio Covered, Pool - Gunite Concrt, Pool - In-Ground, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Lot Features:Survey Available: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • Exterior:Pool - Gunite Concrt: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access

Schools

  • Elementary School: Destin
  • High School: South Walton
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 32-2S-21-42050-00B-0020
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2021
Closed on
Nov 9, 2021
Sold by
Knct Miramar Beach Properties Llc
Bought by
Nguyen Thuan Trong and Hoang Alexis
Seller's Agent
The Richards Group
Scenic Sotheby's International Realty
Buyer's Agent
Jennifer Blackwell
The Seaside Real Estate Store LLC
List Price
$1,425,000
Sold Price
$1,425,000
Current Estimated Value
$1,696,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,635
Avg. Annual Appreciation
5.00%
Original Mortgage
$997,500
Outstanding Balance
$923,806
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$785,427

Purchase Details

Listed on
Jan 8, 2018
Closed on
Mar 12, 2018
Sold by
Frangista 29 Llc
Bought by
Knct Miramar Beach Properties Llc
Seller's Agent
Karen Martineau
RE/MAX Coastal Properties
Buyer's Agent
The Richards Group
Coastal Sands Properties LLC
List Price
$825,000
Sold Price
$825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.11%
Original Mortgage
$660,000
Interest Rate
4.22%

Purchase Details

Closed on
Jan 1, 2018
Sold by
Hassell John L and Hassell Pamela R
Bought by
Frangistan 29 Llc

Purchase Details

Closed on
Apr 21, 2017
Sold by
Hodges Linda K and Linda H Hodges Revocable Trust
Bought by
Hassell John L and Hassell Pamela R

Purchase Details

Closed on
Nov 12, 2014
Sold by
Hodges Linda K
Bought by
Reddington Katherine Brooke

Purchase Details

Closed on
Mar 24, 2014
Sold by
Hassell John L and Estate Of Lewis P Hassell Jr
Bought by
Hodges Linda K

Purchase Details

Closed on
Oct 4, 2005
Sold by
Frangista Investments Lp I
Bought by
Penelope Ruth Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,360,000
Interest Rate
5.76%
Source: Public Records

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Range of Values:

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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 $1,425,000 Mcneese Title Llc
Warranty Deed $825,000 Emerlad Cost Title Services
Warranty Deed -- Attorney
Warranty Deed $140,000 Aqua Title Services
Warranty Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Personal Reps Deed -- None Available
Warranty Deed $8,360,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $997,500 New Conventional
Previous Owner $660,000 No Value Available
Previous Owner $8,360,000 No Value Available
Previous Owner $8,360,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 For Sale $1,750,000 0.0% $595 / Sq Ft
04/15/2022 04/15/22 Sold $1,750,000 +22.8% $595 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
11/09/2021 11/09/21 Sold $1,425,000 0.0% $484 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
08/29/2021 08/29/21 For Sale $1,425,000 +72.7% $484 / Sq Ft
03/14/2018 03/14/18 Sold $825,000 0.0% $294 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $825,000 -- $294 / 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 $11,674 $1,284,806 $450,000 $834,806
2023 $11,674 $1,284,806 $450,000 $834,806
2022 $11,715 $1,264,160 $283,050 $981,110
2021 $7,103 $751,926 $211,354 $540,572
2020 $6,498 $650,908 $161,135 $489,773
2019 $6,264 $630,781 $154,938 $475,843
2018 $4,789 $480,302 $0 $0
2017 $1,247 $125,773 $125,773 $0
2016 $1,210 $120,936 $0 $0
2015 $1,209 $118,973 $0 $0
2014 $728 $94,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 789203

Emerald Coast Association of REALTORS®

APN: 32-2S-21-42050-00B-0020