NOT LISTED FOR SALE

Estimated Value: $2,582,000 - $2,992,000

5 Beds
6 Baths
3,826 Sq Ft
$708/Sq Ft Est. Value

Last Sold December 17, 2024

Last sale price $2,550,000 $666 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $15,745/month

7 Days on Market

Highlights

  • Waterfront Community
  • Heated In Ground Pool
  • Corner Lot
  • Bay Elementary School Rated A-
  • Beach House
  • Furnished

About This Home

As of December 2024

Introducing an exceptional new construction home, masterfully designed by J. Michael Hunnicutt and built by Gary Bailey, located in the heart of Seacrest Beach, just minutes from Rosemary Beach and Alys Beach. This stunning property offers one of the largest floor plans in the community showcasing luxurious finishes and thoughtful attention to detail throughout. Upon entry, you're welcomed into an expansive, open-concept living area perfect for both daily living and entertaining. Vaulted ceilings with exposed wood beams, custom bar area, and an inviting fireplace anchor the space, while the kitchen boasts high end appliances, quartz countertops, and a generous island perfect for gathering with family and friends. Adjacent the dining and living areas, you'll find a spacious patio perfect for alfresco dining and entertaining by the private pool.

The first of two primary suites is conveniently situated on the main level, featuring an en-suite bathroom with a soaking tub, dual vanities, and a large walk-in shower. The second-floor primary suite is equally impressive, offering private access to a generous balcony equipped with an outdoor TV, perfect for entertaining or relaxing outdoors.

The second floor features a massive guest bedroom fitted with three bunk beds, creating the perfect retreat for families or groups. This thoughtful design makes the home an incredible investment opportunity for those interested in short-term rentals, as it allows for maximum guest accommodation and comfort. Additionally, a cozy den on this floor offers extra living space, ensuring ample comfort for all guests.

The third level is also designed for entertainment, featuring a spacious bonus room ideal for a media lounge or game room with a custom built in bar. With 628 square feet of porches spanning three levels, this home is made for outdoor livingwhether relaxing by the private pool or enjoying stunning views of Seacrest Beach.

Additional features include a generous garage with ample storage, and an additional flexible bonus room above the garage that can be used as an office, gym, or additional guest sleeping space. Located in the vibrant Seacrest Beach community, this home offers access to a 12,000-square-foot lagoon-style pool, 1.3 miles of trails, and convenient tram service to the white sand beaches of 30A.

Last Agent to Sell the Property

The Beasley Group

Compass Listed on: 11/12/2024

Last Buyer's Agent

Erich Hardy

Think Real Estate License #3536321

Think Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,461

Year Built

  • Built in 2023

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Back Yard Fenced
  • Corner Lot

HOA Fees

  • $451 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Beach House
  • Metal Roof

Interior Spaces

  • 3,826 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Gas Fireplace
  • Window Treatments
  • Den

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • <<microwave>>
  • Ice Maker
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Balcony

Schools

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

Utilities

  • Multiple cooling system units
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-3S-18-16020-00M-0010

Community Details

Overview

  • Association fees include master, recreational faclty, security, cable TV, trash
  • Seacrest Beach Subdivision

Amenities

  • Picnic Area
  • Recreation Room

Recreation

  • Waterfront Community
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,461

Year Built

Built in 2023

Lot Details

0

HOA Fees

$451 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 50 X 100
  • Road Surface Type: Paved
  • Subdivision Name: SEACREST BEACH
  • Directions: From Pier Park in Panama City Beach - Head west on US 98. Turn left on E County Hwy 30A, turn right onto Seacrest Beach Blvd. N, turn left onto Seacrest Beach Blvd W. Turn right on Beach Bike Way. House is on the corner.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2023
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Den: Yes
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Gas, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Beamed, Fireplace Gas, Furnished - All, Kitchen Island, Owner's Closet, Washer/Dryer Hookup, Wet Bar, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Wet Bar: Yes
  • Interior:Ceiling Beamed: Yes

Exterior Features

  • Lot Features: Corner, Sidewalk
  • Pool Features: Pool Type
  • Construction Type: Roof Metal
  • Exterior Features: Balcony, Fenced Back Yard, Pool - Heated, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes
  • Lot Features:Sidewalk: Yes
  • Lot Features:Corner: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage Detached
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Community Room, Pets Allowed, Picnic Area, Playground, Pool, Waterfront
  • Association #2 Fee: 1351.51
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Master Association, Recreational Faclty, Security, Cable TV, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 26-3S-18-16020-00M-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3460.65
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2024
Closed on
Dec 17, 2024
Sold by
Cummings Anthony and Cummings Deirdre
Bought by
Osborne Family Revocable Living Trust and Osborne
Seller's Agent
The Beasley Group
Compass
Buyer's Agent
Erich Hardy
Think Real Estate
List Price
$2,699,000
Sold Price
$2,550,000
Premium/Discount to List
-$149,000
-5.52%
Views
3
Current Estimated Value
$2,709,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,271
Avg. Annual Appreciation
5.43%
Original Mortgage
$2,040,000
Outstanding Balance
$2,034,742
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$593,231

Purchase Details

Closed on
Oct 7, 2020
Sold by
Ludwig Gerald A and Dean Ludwig Sandra
Bought by
Cummings Anthony and Cummings Deirdre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
2.9%
Mortgage Type
Balloon

Purchase Details

Closed on
May 31, 2012
Sold by
Stutz David L
Bought by
Ludwig Gerald A and Dean Ludwig Sandra J
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
Osborne Family Revocable Living Trust $2,550,000 South Oak Title
Cummings Anthony $325,000 Mti Title Insurance Agcy Inc
Ludwig Gerald A $110,000 Watson Sewell Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osborne Family Revocable Living Trust $2,040,000
Previous Owner Cummings Anthony $1,500,000
Previous Owner Cummings Anthony $1,300,000
Previous Owner Cummings Anthony $247,000
Previous Owner Stutz David L $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Sold $2,550,000 -5.5% $666 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
11/12/2024 11/12/24 For Sale $2,699,000 -- $705 / 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 $3,461 $2,329,443 $430,000 $1,899,443
2023 $3,461 $289,224 $0 $0
2022 $3,236 $445,110 $445,110 $0
2021 $2,314 $239,028 $239,028 $0
2020 $2,160 $218,680 $218,680 $0
2019 $2,022 $212,311 $212,311 $0
2018 $1,912 $206,127 $0 $0
2017 $1,795 $200,304 $200,304 $0
2016 $1,704 $192,600 $0 $0
2015 $1,603 $180,000 $0 $0
2014 $1,306 $131,824 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 962905

Emerald Coast Association of REALTORS®

APN: 26-3S-18-16020-00M-0010