T
Seller's Agent in 2023
The Dixon Team
30A Homes Sales
313 E Water St Alys Beach, FL 32461
Estimated Value: $3,726,000 - $4,431,000
4
Beds
4
Baths
2,850
Sq Ft
$1,431/Sq Ft
Est. Value
Highlights
- Beach
- Heated In Ground Pool
- Beach House
- Dune Lakes Elementary School Rated A-
- Gulf View
- Wood Flooring
About This Home
As of July 2023Producing over $250K in actual rental income for 2022 & with over $192K YTD for 2023, 313 East Water Street is a top rental investment property in Rosemary Beach. Located on south side of 30A, this stunning four bedroom home is an entertainer's dream with a private heated pool, hot tub & GULF VIEWS! By the pool, there is a complete outdoor kitchen with a built-in gas grill, granite countertops, ice maker & mini-fridge. And there is a large outdoor fireplace, an amazing luxury for the colder, off-season months. The interior architecture delivers an iconic design. Gorgeous beams are placed throughout delivering the West Indies architecture Rosemary Beach is originally known for. A lovely, wood-burning fireplace is located in the center of the living room. And beyond this space, there is a long balcony overlooking East Water Street. The second level features the kitchen, formal dining space, a full bathroom & an office area. The top floor game room is unforgettable with 4 built in twin beds, a retro arcade system & a foosball table. A big-screen TV is situated perfectly to keep everyone entertained. The top floor balcony delivers GULF VIEWS & a rooftop view of Rosemary Beach. The property is offered fully-furnished & turnkey as a top-producing rental investment property. Rental projections are at $284,000 for 2023. A carriage house has been approved by the HOA!
Last Agent to Sell the Property
The Dixon Team
30A Homes Sales Listed on: 07/06/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,455
Year Built
- Built in 2000
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 85x48
HOA Fees
- $465 Monthly HOA Fees
Parking
- 2 Carport Spaces
Home Design
- Beach House
Interior Spaces
- 2,850 Sq Ft Home
- 3-Story Property
- Furnished
- Ceiling Fan
- Fireplace
- Living Room
- Wood Flooring
- Gulf Views
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 4 Full Bathrooms
Outdoor Features
- Heated In Ground Pool
- Balcony
- Built-In Barbecue
Schools
- Dune Lakes Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 35-3S-18-16060-011-0020
Community Details
Overview
- Association fees include accounting, ground keeping, management, master, recreational faclty, security
- Rosemary Beach Subdivision
Recreation
- Beach
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2022
Closed on
Jul 27, 2023
Sold by
Vivamus Beach Properties Llc
Bought by
Tamburin Jeffrey M and Tamburin Laura M
Seller's Agent
The Dixon Team
30A Homes Sales
Buyer's Agent
Erin Oden
Coastal Luxury
List Price
$4,350,000
Sold Price
$3,950,000
Premium/Discount to List
-$400,000
-9.2%
Views
130
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,354
Avg. Annual Appreciation
1.33%
Original Mortgage
$2,150,000
Outstanding Balance
$2,093,412
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$1,985,279
Purchase Details
Listed on
Jul 6, 2022
Closed on
Jul 24, 2023
Sold by
Burrows Patricia A
Bought by
Duffey James Edward
Seller's Agent
The Dixon Team
30A Homes Sales
Buyer's Agent
Erin Oden
Coastal Luxury
List Price
$4,350,000
Sold Price
$3,950,000
Premium/Discount to List
-$400,000
-9.2%
Views
130
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Outstanding Balance
$2,093,412
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$1,985,279
Purchase Details
Listed on
Jul 6, 2022
Closed on
Jul 20, 2023
Sold by
Four Hills Woodlands Llc
Bought by
Bronson Bret and Bronson Jennifer
Seller's Agent
The Dixon Team
30A Homes Sales
Buyer's Agent
Erin Oden
Coastal Luxury
List Price
$4,350,000
Sold Price
$3,950,000
Premium/Discount to List
-$400,000
-9.2%
Views
130
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Outstanding Balance
$2,093,412
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$1,985,279
Purchase Details
Listed on
May 4, 2021
Closed on
Jun 28, 2021
Sold by
313 Water Street Llc
Bought by
Vivamus Beach Properties Llc
Seller's Agent
Jonathan Hill
Legacy Hill Realty
Buyer's Agent
The Dixon Team
30A Homes Sales
List Price
$3,600,000
Sold Price
$3,600,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$2,700,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 2020
Sold by
Warner Stephen C M and Warner Holly V
Bought by
313 Water Street Llc
Purchase Details
Closed on
Nov 2, 2012
Sold by
Davenport Robert M and Davenport Elizabeth M
Bought by
Warner Stephen C M and Warner Holly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
2.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 21, 2008
Sold by
Gillespy John S
Bought by
Washington Mutual Bank
Purchase Details
Closed on
Dec 27, 2006
Sold by
Gillespy John S and Gillespy Catherine K
Bought by
Gillespy John S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tamburin Jeffrey M | $3,950,000 | Setco Services | |
| Duffey James Edward | $120,000 | Florida Legacy Title | |
| Bronson Bret | $100 | None Listed On Document | |
| Vivamus Beach Properties Llc | $3,600,000 | Shoreline Title | |
| Vivamus Beach Properties Llc | $3,600,000 | Shoreline Title | |
| 313 Water Street Llc | $2,950,000 | Attorney | |
| Warner Stephen C M | $1,450,000 | None Available | |
| Washington Mutual Bank | -- | Attorney | |
| Gillespy John S | $865,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tamburin Jeffrey M | $2,150,000 | |
| Previous Owner | Vivamus Beach Properties Llc | $2,700,000 | |
| Previous Owner | Warner Stephen C M | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/28/2023 07/28/23 | Sold | $3,950,000 | -5.9% | $1,386 / Sq Ft | |
| 06/16/2023 06/16/23 | Pending | -- | -- | -- | |
| 05/29/2023 05/29/23 | Price Changed | $4,199,000 | -3.5% | $1,473 / Sq Ft | |
| 07/06/2022 07/06/22 | For Sale | $4,350,000 | +20.8% | $1,526 / Sq Ft | |
| 06/28/2021 06/28/21 | Sold | $3,600,000 | 0.0% | $1,263 / Sq Ft | View Prior Sale |
| 05/10/2021 05/10/21 | Pending | -- | -- | -- | |
| 05/04/2021 05/04/21 | For Sale | $3,600,000 | -- | $1,263 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $29,360 | $3,249,284 | $1,050,000 | $2,199,284 |
| 2024 | $28,504 | $3,360,556 | $905,000 | $2,455,556 |
| 2023 | $28,504 | $3,103,845 | $0 | $0 |
| 2022 | $26,150 | $2,821,677 | $805,619 | $2,016,058 |
| 2021 | $19,455 | $2,009,911 | $671,088 | $1,338,823 |
| 2020 | $17,399 | $1,742,934 | $613,961 | $1,128,973 |
| 2019 | $16,927 | $1,704,479 | $596,079 | $1,108,400 |
| 2018 | $16,553 | $1,660,091 | $0 | $0 |
| 2017 | $15,763 | $1,638,728 | $562,368 | $1,076,360 |
| 2016 | $14,003 | $1,399,364 | $0 | $0 |
| 2015 | $13,378 | $1,322,078 | $0 | $0 |
| 2014 | -- | $1,251,605 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Erin Oden
E
Buyer's Agent in 2023
Erin Oden
Coastal Luxury
(850) 213-3478
9 in this area
89 Total Sales
-
Jonathan Hill
J
Seller's Agent in 2021
Jonathan Hill
Legacy Hill Realty
(205) 370-5905
3 in this area
61 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 902841
APN: 35-3S-18-16060-011-0020
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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