NOT LISTED FOR SALE

3016 Scenic Highway 98 Unit 106 Destin, FL 32541

Estimated Value: $1,882,000 - $2,359,000

4 Beds
3 Baths
2,200 Sq Ft
$1,272/mo HOA Fee

Last Sold February 19, 2016

Last sale price $1,150,000 $523 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $14,233/month

164 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Vaulted Ceiling
  • Destin Elementary School Rated A-
  • Gated Community
  • Furnished

About This Home

As of February 2016

Villa Coyaba brings a new level of Gulf front luxury living to the wonderful Crystal Beach area. This phenomenal 4-bedroom, 3-bath first floor unit offers incredible Gulf front views and luxury finishes throughout. Villa Coyaba is truly one of a kind. It stretches over 310 ft. of beach and is low-density with just 34 units! Being on the first floor, you have easy access to the shimmering white sand beaches and are still elevated 30 feet above sea level. The interior is sure to impress with the 10 foot ceilings, open floor plan, 20'' travertine tile floors and thick crown molding. The living area is very spacious with direct balcony access, incredible Gulf views, gas fireplace and built-in bookcase. This unit is being sold fully furnished & beautifully decorated along with flat screen TVs. There is an open dining area for seven with Gulf views and a granite breakfast bar for more casual dining. The upscale kitchen has ample cherry cabinets, top of the line Viking stainless steel appliances, ice machine, thick granite countertops, tile backsplash and pantry for added storage.

The master bedroom is Gulf front with direct balcony access, walk-in closet and an en-suite bathroom. All bedrooms feature high end carpet and crown molding. The master bathroom offers a Jacuzzi tub, separate tiled walk-in shower with dual shower heads and double vanity. The guest bedrooms are located on the other end of the condominium for privacy and all have en-suite access to a guest bathroom. There is an additional bunk area and laundry room with a full-size washer & dryer along with storage. This is a prime rental unit with established income. See Cost to Own and rental statements attached.

Villa Coyaba amenities include an infinity edge heated Gulf front pool, picnic area with Viking gas grills, a professionally equipped fitness room that overlooks the Gulf, a 14-seat private HD theater and deeded underground parking. The property is conveniently located in charming Crystal Beach which is a pedestrian friendly beach community close to Henderson Beach State Park, Mid Bay Bridge, Destin Commons and golf at Regatta Bay or Kelly Plantation. Villa Coyaba is one of the finest properties on the coast with four levels of luxury and incredible construction. This unit is private and spacious enough for a full-time residence and is also an incredible rental property. Do not miss out on this opportunity to own a breathtaking 4-bedroom condo at Villa Coyaba.

Last Agent to Sell the Property

Nathan Abbott Team

ResortQuest Real Estate License #BK708425 Listed on: 08/29/2015

Last Buyer's Agent

Jake Cole

Christies International Real Estate Emerald Coast License #3317182

Christies International Real Estate Emerald Coast

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,889

Year Built

  • Built in 2006

Lot Details

  • 3

HOA Fees

  • $1,272 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-in Bookshelves
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Storage Room
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-1410-0000-0106

Community Details

Overview

  • Association fees include accounting, advertising, ground keeping, insurance, management, recreational faclty, sewer, water, cable TV, trash
  • Villa Coyaba Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Beach
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Building Fire Alarm
  • Storm Windows
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,889

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,272 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: VILLA COYABA
  • Directions: Located East of the Inn at Crystal Beach on Scenic Hwy 98.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2006
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Storage: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Storm Windows: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Fire Alarm/Sprinkler, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Stove/Oven Gas, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Fireplace Gas, Floor Tile, Floor WW Carpet, Furnished - All, Lighting Recessed, Pantry, Split Bedroom, Washer/Dryer Hookup, Window Treatment All
  • Stories: 4
  • Window Features: Double Pane Windows, Storm Window(s)
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Ice Machine: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Built-In Bookcases: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Block, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, See Remarks
  • Parking Features:Garage3: Yes
  • Parking Features:See Remarks4: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Elevators, Exercise Room, Gated Community, Pets Allowed, Picnic Area, Pool, TV Cable, Waterfront
  • Association #2 Fee: 3817.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Advertising, Ground Keeping, Insurance, Management, Recreational Faclty, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-1410-0000-0106
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10889.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2015
Closed on
Feb 19, 2016
Sold by
Higgins Kevin L and Higgins Deborah A
Bought by
Woods Louis and Woods Bonnie
Seller's Agent
Nathan Abbott Team
ResortQuest Real Estate
Buyer's Agent
Jake Cole
Christies International Real Estate Emerald Coast
List Price
$1,150,000
Sold Price
$1,150,000
Current Estimated Value
$2,164,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,014,496
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
Aug 5, 2009
Sold by
Flamingo Investment Properties Llc
Bought by
Higgins Kevin L and Higgins Debora A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Woods Louis $1,150,000 Attorney
Higgins Kevin L $991,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Higgins Kevin L $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2016 02/19/16 Sold $1,150,000 0.0% $523 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
08/29/2015 08/29/15 For Sale $1,150,000 -- $523 / 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 $17,686 $1,800,000 -- $1,800,000
2023 $17,686 $1,800,000 $0 $1,800,000
2022 $15,822 $1,560,000 $0 $1,560,000
2021 $12,418 $1,000,000 $0 $1,000,000
2020 $12,512 $1,000,000 $0 $1,000,000
2019 $12,685 $1,000,000 $0 $1,000,000
2018 $12,134 $945,000 $0 $0
2017 $12,076 $924,000 $0 $0
2016 $11,431 $880,000 $0 $0
2015 $11,313 $854,000 $0 $0
2014 $10,890 $812,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 737180

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1410-0000-0106