NOT LISTED FOR SALE

34 E Majestic Palm Dr Unit Lot 25 Inlet Beach, FL 32461

Estimated Value: $1,428,605 - $1,961,000

5 Beds
4.5 Baths
3,045 Sq Ft
$537/Sq Ft Est. Value

Last Sold June 19, 2024

Last sale price $1,465,000 $481 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,622/month

278 Days on Market

Highlights

  • Gulf View
  • Vaulted Ceiling
  • Community Pool
  • Bay Elementary School Rated A-
  • Beach House
  • Covered patio or porch

About This Home

As of June 2024

**Model Home Hours Mon-Sat 10am-5pm Sun 1-5pm. Seller is offering a significant rate buy-down to any buyer who can close on this home by the end of May, 2024. ** Welcome to Twin Palms, Inlet Beach's newest luxury community. Schedule your showing today! Come check out this spacious floor plan and the amazing gulf views from the rooftop terrace! Paradise you can call home awaits you when you make Twin Palms your new residence. Luxury and family-friendly living are perfectly intertwined in this South Walton premier community that is just steps away from 30Ave and Rosemary Beach. Come relax under one of the cabanas at the community pool! Check documents for rental projections. **Home does not come furnished. Photos are of a previous build to show the type of finishes used and floorplan.*

Last Agent to Sell the Property

Abbott Martin Group

EXP Realty LLC Listed on: 05/03/2024

EXP Realty LLC

Last Buyer's Agent

Abbott Martin Group

EXP Realty LLC Listed on: 05/03/2024

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,032

Year Built

  • Built in 2023

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 3,045 Sq Ft Home
  • 3-Story Property
  • Shelving
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Family Room
  • Dining Room
  • Gulf Views
  • Exterior Washer Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Gas Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

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
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 36-3S-18-16262-000-0250

Community Details

Overview

  • Association fees include ground keeping, management, utilities, recreational faclty
  • Twin Palms Subdivision

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 Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Lot Size: 40 X 100
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Twin Palms
  • Directions: Heading west on Hwy 98, turn right (north) on N Wall Street then turn right into The Crossings at Inlet Beach. Keep going straight until you see the community Twin Palms on the left.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2023
  • Appliances Microwave: Yes
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Microwave, Oven Double, Security System, Stove/Oven Electric, Stove/Oven Gas, Warranty Provided
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Interior Amenities: Ceiling Raised, Fireplace, Floor Tile, Floor Vinyl, Lighting Recessed, Owner's Closet, Pantry, Shelving, Washer/Dryer Hookup
  • Window Features: Double Pane Windows, Storm Window(s)
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Warranty Provided: Yes
  • Appliances:StoveOven Gas: Yes
  • Appliances:Security System: Yes
  • Appliances:Oven Double: Yes

Exterior Features

  • Lot Features: Cul-De-Sac
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, Patio Covered, Patio Open, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Lot Features:Cul-De-Sac: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.5
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association #2 Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Management, Other Utilities, Recreational Faclty

Schools

  • Elementary School: Dune Lakes
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 36-3S-18-16262-000-0250
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jun 19, 2024
Sold by
Brock Built Homes Llc
Bought by
Forest Bulldog Plaza Llc
Seller's Agent
Abbott Martin Group
EXP Realty LLC
Buyer's Agent
Abbott Martin Group
EXP Realty LLC
List Price
$1,550,000
Sold Price
$1,465,000
Premium/Discount to List
-$85,000
-5.48%
Views
13
Current Estimated Value
$1,634,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,151
Avg. Annual Appreciation
11.55%

Purchase Details

Closed on
Apr 17, 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
$916,164
Interest Rate
6.73%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 30, 2022
Sold by
Southgate Holdings Llc
Bought by
Twin Palms 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
$6,404,150
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Forest Bulldog Plaza Llc $1,465,000 Azalea Title
Brock Built Homes Of Florida Llc $277,000 Azalea Title
Twin Palms Florida Llc $4,465,000 Burke Law & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brock Built Homes Of Florida Llc $916,164
Previous Owner Twin Palms Florida Llc $6,404,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2024 06/19/24 Sold $1,465,000 -5.5% $481 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/03/2024 05/03/24 Price Changed $1,550,000 0.0% $509 / Sq Ft
05/03/2024 05/03/24 For Sale $1,550,000 -8.3% $509 / Sq Ft
04/28/2024 04/28/24 Off Market $1,690,000 -- --
03/26/2024 03/26/24 Price Changed $1,690,000 -6.1% $555 / Sq Ft
08/18/2023 08/18/23 For Sale $1,800,000 -- $591 / 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 $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

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 930268

Emerald Coast Association of REALTORS®

APN: 36-3S-18-16262-000-0250