NOT LISTED FOR SALE

3606 Highway 98 Unit 303 Mexico Beach, FL 32456

Estimated Value: $596,000 - $655,000

3 Beds
3 Baths
1,633 Sq Ft
$616/mo HOA Fee

Last Sold March 25, 2019

Last sale price $250,000 $153 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $4,498/month

1 Day on Market

Highlights

  • In Ground Pool
  • Home fronts a canal
  • Covered Deck
  • Gulf View
  • Curved or Spiral Staircase
  • Florida Architecture

About This Home

As of March 2019

This project sustained significant damage from Hurricane Michael, but repairs are well underway. This is a 3rd floor condo with great views and comes with a boat slip (Number 3). This property was under contract for over $300K prior to the storm. The HOA will build the unit back to sheetrock & then must be finished by new owner. The HOA hopes to have their part of the construction completed by early summer with owners being able to move back in by late July/early August. HOA dues are $1849 per quarter.

Last Agent to Sell the Property

Zach Childs

98 Real Estate Group, LLC License #3153944 Listed on: 02/25/2019

Last Buyer's Agent

Zach Childs

98 Real Estate Group, LLC License #3153944 Listed on: 02/25/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,916

Year Built

  • Built in 2008 | Under Construction

Lot Details

  • Home fronts a canal
  • Property fronts a highway

HOA Fees

  • $616 Monthly HOA Fees

Property Views

  • Gulf
  • Canal

Home Design

  • Florida Architecture
  • Beach House
  • Fixer Upper
  • Metal Roof
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,633 Sq Ft Home
  • Curved or Spiral Staircase
  • Living Room
  • Combination Kitchen and Dining Room
  • Breakfast Bar

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Tuck Under Parking

Outdoor Features

  • In Ground Pool
  • Covered Deck

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 40001080017

Community Details

Overview

  • Association fees include accounting, management, recreational facilities, insurance, trash, cable TV, ground maintenance, water
  • Tranquil Harbour Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,916

Year Built

Built in 2008 | Under Construction

Lot Details

0

HOA Fees

$616 per month

Listing Details

  • Directions: Located on corner of Hwy 98 and 36th Street in Mexico Beach
  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Lot Size: 0 x 0
  • Road Frontage Type: Highway, City Street
  • Road Surface Type: Paved
  • Subdivision Name: Tranquil Harbour
  • Architectural Style: Florida, Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Year Built: 2008
  • NAV22_ResortRentalYN: No
  • NAV22_Room3Name: Master Bedroom
  • NAV22_Room2Name: Dining/Kitchen Combo
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room1Name: Living Room
  • Special Features: None

Interior Features

  • Appliances: None
  • Furnished: Unfurnished
  • Interior Amenities: Split Bedroom, Breakfast Bar, Stairs Spiral
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wall to Wall, Tile
  • Living Area: 1633

Exterior Features

  • Exterior Features: Needs Work
  • Lot Features: Aerials/Topo Available, Within 1/2 Mile of Water, Corner Lot
  • Roof: Metal
  • Pool Features: In Ground, None
  • Pool Private: No
  • View: Gulf, Canal, Water
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes
  • Construction Type: Stucco
  • Foundation Details: Pilings
  • Patio And Porch Features: Deck, Covered Deck
  • Property Condition: Needs Work, Under Construction

Garage/Parking

  • Attached Garage: No
  • Parking Features: See Remarks, Under House With Pad, Space/Unit
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric
  • Sewer: Public Sewer
  • Utilities: Electricity Available, City Trash
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1849
  • Community Features: Pool
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management, Recreational Facilities, Insurance, Trash, Cable TV, Maintenance Grounds, Water

Lot Info

  • Additional Parcels: No
  • Parcel #: 40001080017
  • Zoning Description: Residential Multi-Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3916

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2019
Closed on
Mar 21, 2019
Sold by
Taylor James D
Bought by
Parker Harry F and Parker Janet D
Seller's Agent
Zach Childs
98 Real Estate Group, LLC
Buyer's Agent
Zach Childs
98 Real Estate Group, LLC
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%
Current Estimated Value
$621,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,063
Avg. Annual Appreciation
14.67%

Purchase Details

Listed on
Apr 8, 2016
Closed on
Aug 30, 2016
Sold by
Tranquil Harbor Holding Llc
Bought by
Taylor James A and Taylor Jamie D
Buyer's Agent
Zach Childs
98 Real Estate Group, LLC
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.50%
Original Mortgage
$191,250
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Parker Harry F $250,000 Attorney
Taylor James A $259,900 Mcgill Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor James A $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2019 03/25/19 Sold $250,000 -3.5% $153 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $259,000 -0.3% $159 / Sq Ft
08/30/2016 08/30/16 Sold $259,900 0.0% $189 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $259,900 -- $189 / Sq Ft
Source: Forgotten Coast REALTOR® Association

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 $5,974 $294,039 -- --
2023 $5,974 $521,139 $0 $521,139
2022 $5,379 $243,007 $0 $0
2021 $4,398 $243,007 $0 $0
2020 $4,117 $220,915 $0 $220,915
2019 $1,645 $88,366 $0 $88,366
2018 $3,917 $220,915 $0 $0
2017 $3,615 $220,915 $0 $0
2016 $2,500 $146,204 $0 $0
2015 $2,304 $132,913 $0 $0
2014 $2,031 $120,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 300945

Forgotten Coast REALTOR® Association

APN: 40001-080-017