NOT LISTED FOR SALE

Estimated Value: $4,615,000 - $6,060,000

8 Beds
7.5 Baths
4,057 Sq Ft
$1,343/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $3,295,000 $812 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $31,868/month

28 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • 0.25 Acre Lot
  • Van R. Butler Elementary School Rated A-
  • Heated In Ground Pool
  • Beach House

About This Home

As of July 2020

306 Tang O Mar is your perfect beach front RENTAL MACHINE! Just renovated to add an additional 230 sq. ft. of space in the living area, a state of the art movie theater, and a four car garage! This home is complete with 8 bedrooms, an oversized family and dinning area with a jaw dropping 180 degree view of the Gulf of Mexico. Your very own private gulf front pool. Your own private beach walkover for easy access down the the beach. Every bedroom comes with its own en-suite personal bathroom. Elevator for easy movement of luggage. Four car parking garages and massive driveway for large event parking. Property is projected to do over $330,000 in 2021.

Last Agent to Sell the Property

Zach Mclean

Mainsail Realty Company License #3265272 Listed on: 05/15/2020

Last Buyer's Agent

Nicole Guidry

Century 21 Blue Marlin Pelican

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,030

Year Built

  • Built in 2016

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 170x65x132x15x18x85
  • Property fronts gulf or ocean
  • Property fronts a private road
  • Property is zoned City

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Beach House
  • Stucco

Interior Spaces

  • 4,057 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Entrance Foyer
  • Living Room
  • Gulf Views

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Covered Patio or Porch

Schools

  • Destin Elementary And Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Two Heating Systems
  • Water Tap Fee Is Paid

Listing and Financial Details

  • Assessor Parcel Number 34-2S-21-42000-026-0010

Community Details

Overview

  • Tang O Mar Subdivision

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,030

Year Built

Built in 2016

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: 170x65x132x15x18x85
  • Road Frontage Type: Private Road
  • Subdivision Name: Tang O Mar
  • Directions: From HWY 98, turn south onto Tang O Mar Drive. The road will dead end at the beach. Property is two houses to the right.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2016
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterfront:GulfPass: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Utilities:Tap Fee Paid: Yes
  • Rooms:Foyer: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Heat - Two or More: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Interior Amenities: Elevator
  • Interior:Elevator: Yes

Exterior Features

  • Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
  • View: Gulf
  • Waterfront Features: Gulf, Gulf/Pass
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Patio Covered
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage Attached: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Electric, Public Water, Tap Fee Paid

Condo/Co-op/Association

  • Community Features: Beach, Pool, Waterfront
  • Association #2 Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 34-2S-21-42000-026-0010
  • Zoning: City

Tax Info

  • Tax Annual Amount: 26030.32
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jul 31, 2020
Sold by
Mclean Norman R and The Norman R Mclean Revocable
Bought by
York Scott David
Seller's Agent
Zach Mclean
Mainsail Realty Company
Buyer's Agent
Nicole Guidry
Century 21 Blue Marlin Pelican
List Price
$3,295,000
Sold Price
$3,295,000
Current Estimated Value
$5,448,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,153,013
Avg. Annual Appreciation
10.26%
Original Mortgage
$2,306,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2018
Sold by
Alerio Holdings Llc
Bought by
Mclean Norman R and The Norman R Mclean Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
4.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 2015
Sold by
Walker Property Investments Llc
Bought by
Alerio Holdings Llc

Purchase Details

Closed on
Jul 9, 2004
Sold by
Lange Susan A
Bought by
Averitt John
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
York Scott David $3,295,000 Mcneese Title Llc
Mclean Norman R $2,850,000 Mcneese Tite Llc
Alerio Holdings Llc $1,875,000 Attorney
Averitt John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open York Scott David $2,125,000
Closed York Scott David $2,306,500
Previous Owner Mclean Norman R $1,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $3,295,000 0.0% $812 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $3,295,000 -- $812 / 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 $36,661 $4,317,288 $2,300,386 $2,016,902
2023 $36,661 $3,768,334 $0 $0
2022 $34,971 $4,172,881 $2,393,078 $1,779,803
2021 $30,050 $3,104,408 $2,093,131 $1,011,277
2020 $26,708 $2,675,533 $1,914,952 $760,581
2019 $26,030 $2,621,118 $1,841,301 $779,817
2018 $25,370 $2,544,370 $0 $0
2017 $24,606 $2,482,619 $1,591,204 $891,415
2016 $14,591 $1,458,177 $0 $0
2015 $8,264 $813,023 $0 $0
2014 -- $662,932 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 846442

Emerald Coast Association of REALTORS®

APN: 34-2S-21-42000-026-0010