NOT LISTED FOR SALE

Estimated Value: $711,739 - $993,000

3 Beds
3 Baths
1,490 Sq Ft
$732/mo HOA Fee

Last Sold June 15, 2018

Last sale price $575,000 $386 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,571/month

4 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Deeded access to the beach
  • Gated Community
  • Van R. Butler Elementary School Rated A-
  • Screened Pool
  • Vaulted Ceiling

About This Home

As of June 2018

Rare 3/3 Beachfront Condo in Edgewater with Panoramic Gulf Views.
An extensive balcony with unbeatable beach and Gulf views is just one of the highlights offered by Edgewater Unit 1004. Offering plenty of space for family and friends in this 1490 sq.ft. condo features 3 bedrooms,3 baths and is equipped to sleep 8 comfortably. Entertaining is simple with a breakfast bar for 4 and dining area for 6. Prepare meals in the spacious kitchen and dine al fresco to the sound of the waves on the spacious balcony. King-size beds in the master and second bedrooms, walk-in showers plus a Jacuzzi bath-shower combo ensure the ultimate comfort and convenience.
Situated in Miramar Beach, this well-located beachfront condo has great appeal for investors and vacationers alike. The white sandy beach comes with complimentary beach chairs and umbrella, courtesy of the resort. Two swimming pools (one heated), toddler's pool and a waterfall will keep youngsters happy while adults will appreciate the fully equipped fitness center and beautiful gardens with Japanese koi pond. Shop and dine out at local restaurants, all within 5 minutes' walk of this enviable Destin resort.

Last Agent to Sell the Property

Patrick Geiger

Scenic Sotheby's International Realty License #3115020 Listed on: 05/11/2018

Scenic Sotheby's International Realty

Last Buyer's Agent

Patrick Geiger

Scenic Sotheby's International Realty License #3115020 Listed on: 05/11/2018

Scenic Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,877

Year Built

  • Built in 1985

Lot Details

  • Sprinkler System

HOA Fees

  • $732 Monthly HOA Fees

Home Design

  • Concrete Siding
  • Steel Siding
  • Stucco

Interior Spaces

  • 1,490 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Covered Space
  • Covered Parking
  • Guest Parking

Pool

  • Screened Pool
  • Heated In Ground Pool

Outdoor Features

  • Deeded access to the beach

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 33-2S-21-42320-00A-1004

Community Details

Overview

  • Association fees include accounting, ground keeping, security, sewer, water, trash
  • Edgewater Beach Condo Ph 2 Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room
  • Elevator

Recreation

  • Community Whirlpool Spa

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,877

Year Built

Built in 1985

Lot Details

0

HOA Fees

$732 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: EDGEWATER BEACH CONDO PH 2
  • Directions: Take Highway 98 East towards the Silver Sands Outlet mall. At traffic light turn right onto Scenic Gulf Drive. Edgewater is located on the left / south side of the road.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1985
  • ResoBuildingAreaSource: Appraiser
  • 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
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Utilities:Underground: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Raised, Floor Tile, Floor WW Carpet New, Furnished - All, Pantry
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Tile: Yes
  • Interior:Furnished - All: Yes
  • Appliances:Freezer: Yes
  • Interior:Floor WW Carpet New: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Steel, Stucco
  • Exterior Features: Balcony, Pool - Enclosed, Pool - Heated, Pool - In-Ground, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Pool - Enclosed: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Parking Features: Covered, Guest
  • Parking Features:Guest: Yes
  • Parking Features:Covered: Yes

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, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Deed Access, Elevators, Exercise Room, Gated Community, Picnic Area, TV Cable, Whirlpool
  • Association #2 Fee: 732.03
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Security, Sewer, Water, Trash

Schools

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

Lot Info

  • Parcel #: 33-2S-21-42320-00A-1004
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3876.56
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2018
Closed on
Jun 15, 2018
Sold by
Fleet Equipment Leasing Llc
Bought by
Patel Vijay and Schmidt Krey Ingeborg
Seller's Agent
Patrick Geiger
Scenic Sotheby's International Realty
Buyer's Agent
Patrick Geiger
Scenic Sotheby's International Realty
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$826,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,935
Avg. Annual Appreciation
5.07%
Original Mortgage
$517,500
Outstanding Balance
$451,207
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$375,728

Purchase Details

Closed on
Dec 31, 2013
Sold by
Woodard James L and Woodard Amy J
Bought by
Fleet Equipment Leasing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 25, 2002
Sold by
Simonic Donald F and Simonic Mona W
Bought by
Woodard James L and Woodard Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.85%

Purchase Details

Closed on
Mar 15, 2002
Sold by
Watson Jeffrey A and Watson Elizabeth A
Bought by
Simonic Donald F and Simonic Mona W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.85%
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
Patel Vijay $575,000 Aqua Title Services
Fleet Equipment Leasing Llc $400,000 Attorney
Woodard James L $375,000 Emerald Coast Title Svcs Inc
Simonic Donald F -- Emerald Coast Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Vijay $517,500
Previous Owner Fleet Equipment Leasing Llc $400,000
Previous Owner Woodard James L $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $575,000 0.0% $386 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $575,000 -- $386 / 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 $5,614 $674,691 -- $674,691
2022 $4,888 $539,753 $0 $539,753
2021 $4,543 $469,350 $0 $469,350
2020 $4,264 $427,183 $0 $427,183
2019 $4,159 $418,809 $0 $418,809
2018 $4,094 $410,599 $0 $0
2017 $3,877 $391,125 $0 $391,125
2016 $3,727 $372,500 $0 $0
2015 $3,459 $340,331 $0 $0
2014 $3,341 $324,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 798343

Emerald Coast Association of REALTORS®

APN: 33-2S-21-42320-00A-1004