NOT LISTED FOR SALE

35 E Majestic Palm Dr Inlet Beach, FL 32461

Estimated Value: $1,175,000 - $1,990,000

4 Beds
4.5 Baths
2,904 Sq Ft
$523/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $1,600,000 $551 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $9,000/month

52 Days on Market

Highlights

  • In Ground Pool
  • Coastal Architecture
  • Fireplace
  • Bay Elementary School Rated A-
  • Balcony
  • Home Security System

About This Home

As of August 2023

New Brock built home with a contemporary flair is the only resale available in Twin Palms in Inlet Beach, less than a mile to multiple beach accesses.The three story linear beach home features a downstairs ensuite space that could accommodate a bunk room and flows into a flex space with built-in seat bench. Conveniently leading to the ground level oversized garage with room for two cars and a golf cart or gym with shower. As you ascend the stairs you are greeted by sleek finishes with touches of white and black. The floor plan flows with a a built-in office nook, dining area, center island white quartzite, and an additional gathering space with a dynamic black statement wall featuring a linear gas fireplace.

Last Agent to Sell the Property

Mary Richards

Compass Florida, LLC Listed on: 06/23/2023

Compass Florida, LLC

Co-Listed By

Abbott Martin Group

EXP Realty LLC

EXP Realty LLC

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

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2.5 Car Garage

Home Design

  • Coastal Architecture
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 2,904 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Dining Room
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • Association fees include legal/accounting

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: 0.09
  • Lot Size: 40x100
  • Road Frontage Type: City Street
  • Co List Office Mls Id: EXP98
  • Co List Office Phone: (850) 460-2900
  • Subdivision Name: [No Recorded Subdiv]
  • Architectural Style: Coastal
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Disposal, Microwave
  • Interior Amenities: Fireplace, Kitchen Island
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 2904.0
  • Dining Room Type: Bedroom, Dining Room, Family Room, Garage, Kitchen, Primary Bathroom, Primary Bedroom
  • Stories: 3
  • ResoLivingAreaSource: Plans

Exterior Features

  • Pool Features: In Ground, Pool
  • Waterfront: No
  • Construction Type: HardiPlank Type
  • Exterior Features: Balcony, Pool
  • Patio And Porch Features: Balcony
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Trash Collection, Water Connected
  • Security Features: Security System
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Legal/Accounting, Other, See Remarks

Schools

  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 4000.0

Rental Info

  • Furnished: Unfurnished

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Brock Steven M
Bought by
Hvvy98 Rental Investments Llc
Current Estimated Value
$1,549,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,124,500
Outstanding Balance
$1,115,808
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$372,348

Purchase Details

Listed on
Jun 23, 2023
Closed on
Aug 31, 2023
Sold by
Dc 19 Llc
Bought by
Hvvy98 Rental Investments Llc
Seller's Agent
Mary Richards
Compass Florida, LLC
Buyer's Agent
Abbott Martin Group
EXP Realty LLC
List Price
$1,499,000
Sold Price
$1,600,000
Premium/Discount to List
$101,000
6.74%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.65%

Purchase Details

Closed on
Apr 25, 2023
Sold by
Brock Built Homes Of Florida Llc
Bought by
Dc 19 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,032,500
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 19, 2022
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
$1,680,000
Interest Rate
5.11%
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
Hvvy98 Rental Investments Llc $1,124,500 Azalea Title
Brock Steven M -- Azalea Title
Hvvy98 Rental Investments Llc $1,600,000 Azalea Title
Dc 19 Llc $1,475,000 Azalea Title
Brock Built Homes Of Florida Llc $554,000 Burke Law & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brock Steven M $1,124,500
Previous Owner Dc 19 Llc $1,032,500
Previous Owner Brock Built Homes Of Florida Llc $1,680,000
Previous Owner Twin Palms Florida Llc $6,404,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 For Sale $1,499,000 -6.3% $516 / Sq Ft
08/31/2023 08/31/23 Sold $1,600,000 +6.7% $551 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
07/18/2023 07/18/23 Price Changed $1,499,000 -3.2% $516 / Sq Ft
07/06/2023 07/06/23 Price Changed $1,549,000 -3.2% $533 / Sq Ft
06/24/2023 06/24/23 Price Changed $1,599,999 -5.8% $551 / Sq Ft
06/23/2023 06/23/23 For Sale $1,699,000 -- $585 / 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 $1,331,991 $223,675 $1,108,316
2023 $2,032 $223,675 $223,675 $0
2022 $429 $46,301 $46,301 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Richards

    Seller's Agent in 2023

    Mary Richards

    Compass Florida, LLC

    (850) 502-6035

    6 in this area

    115 Total Sales

    Section Image
  • Abbott Martin Group

    Seller Co-Listing Agent in 2023

    Abbott Martin Group

    EXP Realty LLC

    (850) 460-2900

    80 in this area

    910 Total Sales

    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 743107

Central Panhandle Association of REALTORS®

APN: 36-3S-18-16262-000-0190

Florida Walton County Inlet Beach 32413

35 E Majestic Palm Dr, Inlet Beach, FL

This home is located at 35 E Majestic Palm Dr, Inlet Beach, FL 32461 since 23 June 2023 and is currently estimated at $1,518,227, approximately $522 per square foot. This property was built in 2023. 35 E Majestic Palm Dr 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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