NOT LISTED FOR SALE

366 N Somerset St Unit D7 Alys Beach, FL 32461

Alys Beach Neighborhood

Estimated Value: $7,616,000 - $8,405,000

5 Beds
5.5 Baths
5,056 Sq Ft
$1,596/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $7,205,000 $1,425 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $48,617/month

5 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • 0.2 Acre Lot
  • Dune Lakes Elementary School Rated A-
  • In Ground Pool
  • 3-minute walk to Central Park at Alys Beach

About This Home

As of June 2021

Architecturally inspired and artfully constructed, this turn key new construction offering in Alys Beach is sure to mesmerize all who enter through the custom crafted E.F. San Juan entry doors. Influenced by a blend of Frank Lloyd Wright design ques and a contemporary prominence, this five bedroom 5,050+ square foot courtyard home offers luxurious amenities rarely seen in this desirable 30A community such as a sub-grade dual-fan cooled 600+ bottle wine cellar, a spacious and gated motor court and a private hide-away summer kitchen Outfitted with curated selections such as a full Sub-Zero and Wolf kitchen, Jerusalem shellstone and white oak flooring throughout, custom oak cabinetry, marble countertops and cypress ceiling accents, this awe-inspiring home is truly a work of art. Entry into the home is both dramatic as well as comforting thanks to the floor to ceiling hidden mortar stone wall with steel beamed mantle and fireplace, two story vaulting living space, and a curved wall of windows showcasing plentiful natural light throughout the space. The open concept first floor also features an engaging master suite and a dream-worthy butler's pantry with plumbed espresso maker, wine fridge and custom walk-in pantry for added convenience and truly luxury living. Venetian plaster is seen throughout the walls and ceilings of the entire property allowing light to fancifully dance throughout the home.

The second story of the main home provides equally mesmerizing features including two guest rooms, each with access to the south facing balcony, as well as a junior master with direct access to an oversized lanai overlooking european inspired gunite plunge pool and sunning deck. An interior juliette balcony provides connected living to the vaulted living space, while designer doors add dimension and character around every turn.

Behind the gates and through the motor court resides an oversized, fully heated and cooled garage with epoxy flooring and a full carriage suite on the second floor, equipped with charming details such as floating shelving in the kitchenette and a reverse tray cypress ceiling design.

Additional elements designed to make this designer home truly spectacular include custom hardware seen throughout, Kholer Purist plumbing fixtures in all baths, a media closet prewired for surround sound and additional Smart Home opportunities, and a secondary promenade behind the courtyard, currently designed as a zen-garden and pet retreat

Last Agent to Sell the Property

Matthew Mcguire

Scenic Sotheby's International Realty Brokerage Email: matt@mattmcguirerealtor.com License #3109654 Listed on: 05/25/2021

Scenic Sotheby's International Realty

Last Buyer's Agent

30A Dream Team

Corcoran Reverie SRB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,924

Year Built

  • Built in 2021

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 73.48' x 112.83' x 65.24' x 94.76'
  • Back Yard Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $528 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Contemporary Architecture
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 5,056 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

  • Bay Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • High Efficiency Heating System
  • Underground Utilities
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-3S-18-16400-00D-0070

Community Details

Overview

  • Alys Beach Subdivision

Amenities

  • Community Pavilion
  • Sauna

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,924

Year Built

Built in 2021

Lot Details

0

HOA Fees

$528 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 73.48' x 112.83' x 65.24' x 94.76'
  • Road Frontage Type: City Street
  • Subdivision Name: ALYS BEACH
  • Directions: Headed South on Watersound Parkway, take a right and head east on hwy 30a. Go down about 1 mile to North Charles Street and take a left. Travel about a quarter of a mile and home is on the corner of N. Charles and N. Somerset.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2021
  • Attribution Contact: matt@mattmcguirerealtor.com
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Rooms:Living Room: Yes
  • Energy:Heat High Efficiency: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Rooms:Laundry2: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Energy:Storm Windows: Yes
  • Energy:Storm Doors: Yes
  • Rooms:Separate Apartment: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Interior Amenities: Breakfast Bar, Ceiling Raised, Ceiling Tray/Cofferd, Fireplace Gas, Floor Hardwood, Floor Marble, Floor Tile, Furnished - All, Guest Quarters, Kitchen Island, Pantry, Wet Bar, Window Treatment All
  • Window Features: Storm Window(s)
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: 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:Ceiling TrayCofferd: Yes
  • Interior:Fireplace Gas: Yes
  • Appliances:Oven Double: Yes
  • Interior:Wet Bar: Yes
  • Interior:Floor Marble: Yes
  • Interior:Guest Quarters2: Yes

Exterior Features

  • Lot Features: Corner, Level, Sidewalk
  • Pool Features: Pool Type
  • Construction Type: Concrete, Block, Roof Concrete, Stucco
  • Exterior Features: Balcony, Fenced Back Yard, Pool - Gunite Concrt, Pool - In-Ground, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes
  • Lot Features:Sidewalk: Yes
  • Lot Features:Corner: Yes
  • ConstructionSiding:Roof Concrete: Yes
  • Exterior:Pool - Gunite Concrt: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Exercise Room, Pavillion/Gazebo, Playground, Pool, Sauna/Steam Room, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1585.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 26-3S-18-16400-00D-0070
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12924.09
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jun 14, 2021
Sold by
Daniels Justin M and Daniels Robin T
Bought by
Aronov Owen William
Seller's Agent
Matthew Mcguire
Scenic Sotheby's International Realty
Buyer's Agent
30A Dream Team
Corcoran Reverie SRB
List Price
$7,205,000
Sold Price
$7,205,000
Current Estimated Value
$8,068,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$863,766
Avg. Annual Appreciation
2.68%
Original Mortgage
$4,200,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2021
Closed on
Apr 30, 2021
Sold by
366 N Somerset Street Alys Llc
Bought by
Daniels Justin M and Daniels Robin T
Seller's Agent
Matthew Mcguire
Scenic Sotheby's International Realty
Buyer's Agent
30A Dream Team
Corcoran Reverie SRB
List Price
$7,205,000
Sold Price
$7,205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2020
Sold by
Molinaro Mark Richard
Bought by
366 N Somerset Street Alys Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,510,290
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 2017
Sold by
Molinro Mark Richard
Bought by
Revocabl Molinaro Mark Richard and Mark Richard Molinaro Revocable Trust

Purchase Details

Closed on
Nov 22, 2016
Sold by
Ebsco Gulf Coast Development Inc
Bought by
Molinaro Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,500
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage
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
Aronov Owen William $7,205,000 Shoreline Title Llc
Daniels Justin M $6,000,000 Florida Natl Ttl Svcs Llc
Daniels Justin M $6,000,000 New Title Company Name
366 N Somerset Street Alys Llc -- Lori Ogles For Reli Ttl Llc
Revocabl Molinaro Mark Richard -- Attorney
Molinaro Mark $1,145,000 Reli Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daniels Justin M $4,200,000
Previous Owner 366 N Somerset Street Alys Llc $2,510,290
Previous Owner Molinaro Mark $801,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $7,205,000 0.0% $1,425 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $7,205,000 +20.1% $1,425 / Sq Ft
05/04/2021 05/04/21 For Sale $6,000,000 0.0% $1,187 / Sq Ft
04/30/2021 04/30/21 Sold $6,000,000 -- $1,187 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
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 $63,724 $6,764,700 $1,630,580 $5,134,120
2023 $63,724 $6,461,058 $0 $0
2022 $57,658 $5,873,689 $1,276,582 $4,597,107
2021 $14,733 $1,150,846 $1,150,846 $0
2020 $12,924 $1,052,839 $1,052,839 $0
2019 $12,566 $1,022,202 $1,022,202 $0
2018 $13,418 $1,102,701 $0 $0
2017 $13,042 $1,071,462 $1,071,462 $0
2016 $12,659 $1,030,269 $0 $0
2015 $12,038 $962,900 $0 $0
2014 $10,940 $875,364 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 872698

Emerald Coast Association of REALTORS®

APN: 26-3S-18-16400-00D-0070