366 N Somerset St Unit D7 Alys Beach, FL 32461
Alys Beach NeighborhoodEstimated Value: $6,992,000 - $7,724,084
5
Beds
5.5
Baths
5,056
Sq Ft
$1,476/Sq Ft
Est. Value
Highlights
- Beach
- Deeded access to the beach
- 0.2 Acre Lot
- Bay Elementary School Rated A-
- In Ground Pool
- 3-minute walk to Central Park at Alys Beach
About This Home
As of June 2021Architecturally 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 Listed By
Scenic Sotheby's International Realty Brokerage Email: matt@mattmcguirerealtor.com License #3109654 Listed on: 05/25/2021
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
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
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,028
Avg. Annual Appreciation
0.28%
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
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Similar Homes in Alys Beach, FL
Home Values in the Area
Average Home Value in this Area
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 | |
| 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
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
-
Matthew Mcguire
M
Seller's Agent in 2021
Matthew Mcguire
Scenic Sotheby's International Realty
(850) 276-0947
5 in this area
113 Total Sales
-
Ben Bricken
Seller's Agent in 2021
Ben Bricken
Alys Beach Properties Llc
(850) 213-5552
234 in this area
238 Total Sales
-
Robbie Roberts
R
Seller Co-Listing Agent in 2021
Robbie Roberts
Alys Beach Properties Llc
(850) 699-2781
218 in this area
227 Total Sales
-
3
Buyer's Agent in 2021
30A Dream Team
Corcoran Reverie SRB
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 872698
APN: 26-3S-18-16400-00D-0070
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