NOT LISTED FOR SALE

3706 U S 98 Unit 401 Mexico Beach, FL 32456

Mexico Beach Area

Estimated Value: $728,000 - $813,000

3 Beds
3 Baths
1,795 Sq Ft
392 Sq Ft Lot

Sale Details

Date Sold: October 29, 2012

Last sale price $300,000 $167 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $5,444 / mo

180 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Property fronts gulf or ocean
  • Fishing
  • Community Boat Dock
  • In Ground Pool
  • Custom Home

About This Home

As of October 2012

MEXICO BEACH'S FINEST! Call today to see this 4th floor CORNER Custom Built, luxurious 3BR/3BA condominium located on the canal in Mexico Beach. With only 14 units, The Villas of Mexico Beach feature amentities that will please the most discerning owner. Amenities include private balconies with amazing canal views, 9' ceilings, crown molding, decorator light fixtures and fans, stainless steel appliances, solid stone surface countertops and vanities, sound insulated interior walls, ceramic tiled living area, kitchen and baths, aluminum clad windows, sprinkler system and walk-in closets. Outside, all owners enjoy the convenience of a centrally located elevator, canal-front pool, beautifully landscaped commons area and a fish cleaning station. All of this plus each unit comes with a personal boat slip for quick, easy access to the gulf!

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,912

Year Built

  • Built in 2007

Lot Details

  • Property fronts gulf or ocean
  • Home fronts a canal
  • Property fronts a highway
  • Landscaped

HOA Fees

  • $623 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Property Views

  • Gulf
  • Canal

Home Design

  • Custom Home
  • Newly Painted Property
  • Stucco

Interior Spaces

  • 1,795 Sq Ft Home
  • Woodwork
  • Crown Molding
  • Recessed Lighting
  • Blinds
  • Great Room
  • Dining Area
  • Storage Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • New Flooring
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Pier
  • Canal Access
  • Seawall
  • Bulkhead
  • Balcony
  • Deck
  • Gazebo

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04121100013

Community Details

Overview

  • Association fees include accounting, cable TV, ground maintenance, insurance, management, recreational facilities, sewer, trash, water
  • Villas Of Mexico Beach Community
  • The Villas Of Mexico Beach Subdivision
  • The community has rules related to covenants

Amenities

  • Elevator

Recreation

  • Community Boat Dock
  • Community Pool
  • Fishing

Security

  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,912

Year Built

Built in 2007

Lot Details

392 Sq Ft Lot

HOA Fees

$623 per month

Listing Details

  • Directions: HWY 98 to 3706 Hwy 98. Condominiums on North side of Hwy 98 on canal.
  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Lot Size: 0 x 0
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Subdivision Name: The Villas Of Mexico Beach
  • Architectural Style: Custom
  • Building Name: Villas Of Mexico Beach
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Year Built: 2007
  • NAV22_Room4Name: Full Bath
  • NAV22_Room10Name: Dining Area
  • NAV22_ResortRentalYN: No
  • NAV22_Room8Name: Balcony
  • NAV22_Room3Name: Master Bedroom
  • NAV22_Room7Name: Master Bath
  • NAV22_Room2Name: Storage
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Kitchen
  • NAV22_Room1Name: Full Bath
  • NAV22_Room5Name: Great Room
  • NAV22_Room11Name: Additional Bedroom
  • NAV22_Room9Name: Additional Bedroom
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator w/Ice Maker, Electric Oven, Electric Water Heater
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Crown Molding, Storage, Recessed Lighting, Other, Newly Painted, Walk-In Closet(s), Woodwork Painted
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Tile, New, Wall to Wall
  • Living Area: 1795
  • Window Features: Window Treatment None
  • Master Bedroom Features: Master Downstairs, Blinds, Carpeted
  • Master Bathroom Features: Tile Counters, Double Vanity, Soaking Tub, Separate Shower, Walk-In Closet(s)

Exterior Features

  • Exterior Features: Bulkhead/Seawall, Pier, Shore Seawall
  • Lot Features: Landscaped, Aerials/Topo Available, Covenants/Restrictions, Deeded Water Access, Sidewalks, Within 1/2 Mile of Water, Boating Access
  • Other Structures: Gazebo, Pavillion
  • Pool Features: In Ground, None
  • Pool Private: No
  • View: Water, Canal, Gulf
  • View: Yes
  • Waterfront Features: Canal Access, Gulf, Waterfront, Canal Front
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Patio And Porch Features: Balcony, Deck
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Space/Unit
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric, Other
  • Heating: Central Electric
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Underground Utilities
  • Laundry Features: Washer/Dryer Hookup
  • Security: Fire Alarm/Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1869
  • Community Features: Dock, Dumpster, Elevators, Fishing, Pool
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

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

Lot Info

  • Additional Parcels: No
  • Parcel #: 04121100013
  • Zoning Description: Residential Multi-Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3912

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2012
Closed on
Oct 29, 2012
Sold by
Bought by
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Current Estimated Value
$755,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,946
Avg. Annual Appreciation
6.95%

Purchase Details

Closed on
Jan 15, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
0.0725%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 Attorney
$830,000 Diamond Title Agency Inc
$815,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $680,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/29/2012 10/29/12 Sold $300,000 -7.7% $167 / Sq Ft
09/19/2012 09/19/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $325,000 -- $181 / Sq Ft
Source: Forgotten Coast REALTOR® Association

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,426 $438,887
2024 $7,440 $398,988
2023 $7,440 $585,650 $0 $585,650
2022 $6,904 $329,742 $0 $0
2021 $2,887 $164,870 $0 $164,870
2020 $3,072 $164,870 $0 $164,870
2019 $3,069 $164,870 $0 $164,870
2018 $5,188 $299,765 $0 $0
2017 $4,665 $275,768 $0 $0
2016 $4,286 $250,698 $0 $0
2015 $3,928 $227,907 $0 $0
2014 $3,482 $207,188 $0 $0
Source: Public Records

Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 246731

Forgotten Coast REALTOR® Association

APN: 04121-100-013

Florida Bay County Mexico Beach 32456

3706 U S 98 Unit 401, Mexico Beach, FL

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.

Forgotten Coast REALTOR® Association Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.

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