NOT LISTED FOR SALE

31 W Majestic Palm Dr Unit 20 Inlet Beach, FL 32461

Estimated Value: $1,660,002 - $2,569,000

5 Beds
4.5 Baths
2,904 Sq Ft
$684/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $1,725,300 $594 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $11,515/month

36 Days on Market

Highlights

  • Gulf View
  • Coastal Architecture
  • Golf Cart Garage
  • Bay Elementary School Rated A-
  • Newly Painted Property
  • High Ceiling

About This Home

As of February 2024

ENTERED AS COMP PURPOSES ONLY.

Last Agent to Sell the Property

Non Member

NON-MEMBER OFFICE Listed on: 06/22/2023

Last Buyer's Agent

Abbott Martin Group

EXP Realty LLC

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,032

Year Built

  • Built in 2023

Lot Details

  • 4,400 Sq Ft Lot
  • Lot Dimensions are 40 x 110
  • Property fronts a highway
  • Interior Lot

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Golf Cart Garage

Home Design

  • Coastal Architecture
  • Newly Painted Property
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 2,904 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Family Room
  • Dining Room
  • Gulf Views

Kitchen

  • <<doubleOvenToken>>
  • Electric Cooktop
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management, ground maintenance, recreation facilities

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,032

Year Built

Built in 2023

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Detached
  • Lot Size Acres: 0.1
  • Lot Size: 40 x 110
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Coastal
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: NewHome

Interior Features

  • Appliances: Double Oven, Dishwasher, Electric Cooktop, Disposal, Microwave
  • Interior Amenities: Bookcases, Fireplace, High Ceilings, New Paint, Other, Pantry, Recessed Lighting
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 2904.0
  • Dining Room Type: Bedroom, Dining Room, Family Room, Kitchen, Primary Bedroom
  • Stories: 3
  • ResoLivingAreaSource: Plans

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes
  • Waterfront: No
  • Construction Type: HardiPlank Type
  • Exterior Features: Balcony, Patio
  • Patio And Porch Features: Balcony, Covered, Patio
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Attached, Garage, Golf Cart Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 350.0
  • Community Features: Pool, Short Term Rental Allowed
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Recreation Facilities

Schools

  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Features: Interior Lot
  • Lot Size Sq Ft: 4400.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Dune Lakes
  • High School: South Walton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Feb 15, 2024
Sold by
Brock Built Homes Llc
Bought by
Haque Adel
Seller's Agent
Non Member
NON-MEMBER OFFICE
Buyer's Agent
Abbott Martin Group
EXP Realty LLC
List Price
$1,890,000
Sold Price
$1,725,300
Premium/Discount to List
-$164,700
-8.71%
Views
2
Current Estimated Value
$1,985,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,951
Avg. Annual Appreciation
10.47%
Original Mortgage
$1,380,240
Outstanding Balance
$1,362,683
Interest Rate
6.66%
Mortgage Type
Construction
Estimated Equity
$622,568

Purchase Details

Closed on
Jun 16, 2023
Sold by
Twin Palms Florida Llc
Bought by
Brock Built Homes Of Florida Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
6.35%
Mortgage Type
New Conventional
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
Haque Adel $1,725,285 Azalea Title
Brock Built Homes Of Florida Llc $277,000 Azalea Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hague Adel $150,000
Open Haque Adel $1,380,240
Previous Owner Brock Built Homes Of Florida Llc $940,000
Previous Owner Twin Palms Florida Llc $6,404,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $1,725,300 -8.7% $594 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $1,890,000 -- $651 / Sq Ft
Source: Central Panhandle 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 $2,032 $223,675 $223,675 --
2023 $2,032 $223,675 $223,675 $0
2022 $429 $46,301 $46,301 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Non Member

    NON-MEMBER OFFICE

  • Abbott Martin Group

    Buyer's Agent in 2024

    Abbott Martin Group

    EXP Realty LLC

    (850) 460-2900

    80 in this area

    897 Total Sales

    Abbott Martin Group
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 752969

Central Panhandle Association of REALTORS®

APN: 36-3S-18-16262-000-0200

Florida Walton County Inlet Beach 32413

31 W Majestic Palm Dr Unit 20, Inlet Beach, FL

This home is located at 31 W Majestic Palm Dr Unit 20, Inlet Beach, FL 32461 since 22 June 2023 and is currently estimated at $1,985,251, approximately $683 per square foot. This property was built in 2023. 31 W Majestic Palm Dr Unit 20 is a home located in Walton County with nearby schools including Bay 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.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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