NOT LISTED FOR SALE

Estimated Value: $6,089,000 - $6,816,683

6 Beds
7 Baths
21,975 Sq Ft
$294/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $7,500,000 $341 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $40,554/month

265 Days on Market

Highlights

  • Airport or Runway
  • Beach Front
  • Beach
  • J.R. Arnold High School Rated A-
  • Boat Dock
  • Deeded access to the beach

About This Home

As of May 2022

Reigning over 3.1 acres, this impressive Hamptons style edifice sprawls along 200+ feet of Bay frontage framed by both the historic St. Andrews Bay and the lush picturesque vegetation present throughout the estate. A true architectural masterpiece executed by the sought-after architect Eric Watson and builder Clifford C. Myers of Macintosh Myers Construction. The optimal balance of both common and intimate areas is achieved in the 21,000 square feet of highly articulated living space spanning three cohesive levels interconnected by both grand staircases and elevator. The estate is geographically poised within close proximity to the famed Shell Island and Gulf of Mexico pass by boat along with the world-class dining.

Last Agent to Sell the Property

The Buckalew Team

Corcoran Reverie SRB Listed on: 05/10/2021

Corcoran Reverie SRB

Co-Listed By

Hilary & Jacob

Corcoran Reverie SRB

Last Buyer's Agent

Michele Morros

Keller Williams Success Realty License #3085018

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,559

Year Built

  • Built in 2016

Lot Details

  • 3.1 Acre Lot
  • Lot Dimensions are 210x340
  • Beach Front
  • Home fronts a seawall
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Coastal Setback
  • Property fronts a county road
  • Cul-De-Sac
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 7 Car Garage
  • Automatic Garage Door Opener
  • Golf Cart Parking

Property Views

  • Intracoastal
  • Bay
  • Gulf

Home Design

  • Beach House
  • Exterior Columns
  • Wallpaper
  • Pitched Roof
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Concrete Siding
  • Stone Siding

Interior Spaces

  • 21,975 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-in Bookshelves
  • Shelving
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Insulated Doors
  • Family Room
  • Living Room
  • Home Office
  • Home Gym
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Dressing Area
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Doors

Pool

  • Above Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Bulkhead
  • Lock
  • Covered Deck
  • Covered Patio or Porch
  • Gazebo
  • Separate Outdoor Workshop
  • Built-In Barbecue

Schools

  • Patronis Elementary School
  • Breakfast Point Middle School
  • Arnold High School

Utilities

  • Multiple cooling system units
  • Geothermal Heating and Cooling
  • Propane
  • Water Tap Fee Is Paid
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 31408-010-000 & 31408-003-000

Community Details

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Airport or Runway
  • Game Room
  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Boat Dock
  • Beach
  • Community Pool
  • Fishing

Additional Features

  • Delwood Beach Subdivision
  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,559

Year Built

Built in 2016

Lot Details

0

Parking

7

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 3.1
  • Lot Size: 210x340
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EHJM
  • Co List Office Phone: 850-231-5030
  • Subdivision Name: Delwood Beach
  • Directions: Traveling South Down Thomas Drive, Turn Left onto Magnolia Beach Road. Travel East and Take The Curve Right onto Delwood Beach Road. Take Delwood Beach Road To The Stop Sign. Take a Right At Stop Sign & The Magnolia Manor Delwood Estate Will Be On Your Left. If You Are Traveling With Navigation; Plug-in 3807 Delwood Drive, Panama City Beach, Florida 32408 into Your Navigation.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Efficiency: Doors
  • Building Stories: 3
  • Year Built: 2016
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Rooms:Living Room: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Waterfront:Bay: Yes
  • Waterview:Bay2: Yes
  • Energy:Insulated Doors: Yes
  • Rooms:Laundry2: Yes
  • Energy:AC - 2 or More: Yes
  • Waterview:Intracoastal Waterwy: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Gas - Propane: Yes
  • Energy:Storm Windows: Yes
  • Rooms:Family Room: Yes
  • Rooms:Office2: Yes
  • Waterfront:Intracoastal Wtrwy: Yes
  • Waterfront:Shore - Beach: Yes
  • Energy:Storm Doors: Yes
  • Energy:Geothermal: Yes
  • Rooms:Exercise Room2: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Central Vacuum, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Freezer, Ice Machine, Microwave, Oven Double, Refrigerator, Refrigerator W/IceMk, Security System, Washer, Wine Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Interior Amenities: Basement Finished, Basement Unfinished, Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Raised, Elevator, Fireplace, Fireplace 2+, Fireplace Gas, Floor Hardwood, Floor Marble, Guest Quarters, Kitchen Island, Lock Out, Owner's Closet, Pantry, Shelving, Wallpaper, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Stained
  • Window Features: Storm Window(s)
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Ice Machine: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:Freezer: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Security System: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Appliances:Oven Double: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Fireplace: Yes
  • Interior:Floor Marble: Yes
  • Interior:Ceiling Beamed: Yes
  • Interior:Guest Quarters2: Yes
  • Appliances:Central Vacuum: Yes
  • Interior:Wallpaper: Yes
  • Interior:Basement Finished: Yes
  • Interior:Fireplace 2: Yes
  • Interior:Woodwork Stained: Yes
  • Interior:Basement Unfinished: Yes
  • Mstr BdrmMstr Bath:MBath Skylight: Yes

Exterior Features

  • Lot Features: Bulkhead/Seawall, Coastal Setback, Cul-De-Sac, Survey Available
  • Pool Features: Pool Type
  • View: Gulf, Bay
  • Waterfront Features: Intracoastal Wtrwy, Bay, Shore - Beach
  • Waterfront: Yes
  • Construction Type: Concrete, Block, Roof Metal, Roof Pitched, Roof Shingle/Shake, Wood Siding, Slab, Stone
  • Exterior Features: BBQ Pit/Grill, Columns, Deck Covered, Deck Enclosed, Deck Open, Fenced Back Yard, Fenced Lot-Part, Patio Covered, Pavillion/Gazebo, Pool - Above Ground, Shower, Sprinkler System, Workshop
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Lot Features:Survey Available: Yes
  • ConstructionSiding:Block: Yes
  • Lot Features:Cul-De-Sac: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Deck Covered: Yes
  • Lot Features:Coastal Setback: Yes
  • Lot Features:BulkheadSeawall: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Deck Open: Yes
  • ConstructionSiding:Roof ShingleShake: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Columns: Yes
  • Exterior:Workshop: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:PavillionGazebo: Yes
  • ConstructionSiding:Siding Wood: Yes
  • ConstructionSiding:Stone: Yes
  • Exterior:Deck Enclosed: Yes
  • Exterior:Pool - Above Ground: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 7.0
  • Parking Features: Garage, Garage Detached, Golf Cart Enclosed, Other
  • General Property Info:Garage2: Yes
  • Parking Features:Other3: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Garage Detached: Yes
  • Parking Features:Golf Cart Enclosed: Yes

Utilities

  • Heating: Geothermal
  • Heating Yn: Yes
  • Utilities: Gas - Natural, Gas - Propane, Lift Station, Public Sewer, Public Water, Tap Fee Paid

Condo/Co-op/Association

  • Community Features: Airfield, BBQ Pit/Grill, Beach, Deed Access, Dock, Elevators, Exercise Room, Fishing, Game Room, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Separate Storage, TV Cable, Waterfront

Schools

  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Size Sq Ft: 135036.0
  • Parcel #: 31408-010-000 & 31408-003-000
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
May 31, 2022
Sold by
Diamond Cm Capital Llc
Bought by
Caldwell Jonathan and Caldwell Rebecca
Seller's Agent
The Buckalew Team
Corcoran Reverie SRB
Buyer's Agent
Michele Morros
Keller Williams Success Realty
List Price
$7,500,000
Sold Price
$7,500,000
Current Estimated Value
$6,452,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,047,158
Avg. Annual Appreciation
-4.54%
Original Mortgage
$4,320,000
Outstanding Balance
$4,110,344
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$2,342,498

Purchase Details

Listed on
Feb 9, 2016
Closed on
Mar 30, 2018
Sold by
Glover Jonathan P and Glover Ashley D
Bought by
Diamond Cm Capital Llc
Seller's Agent
Don Nations
Nations Real Estate, Inc
Buyer's Agent
Maura Schroeder
CENTURY 21 Commander Realty
List Price
$19,800,000
Sold Price
$4,500,000
Premium/Discount to List
-$15,300,000
-77.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.03%

Purchase Details

Closed on
Oct 1, 2013
Sold by
Dmg Development Llc
Bought by
Glover Jonathan P and Glover Ashley D

Purchase Details

Listed on
Mar 26, 2012
Closed on
Mar 23, 2012
Sold by
Oakes Jason P
Bought by
Glover Jonathon P and Glover Ashley D
Seller's Agent
Jason Oakes
Counts Real Estate Group Inc
Buyer's Agent
Jason Oakes
bc.unknownoffice
List Price
$790,000
Sold Price
$976,900
Premium/Discount to List
$186,900
23.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.09%

Purchase Details

Closed on
Sep 28, 2011
Sold by
Oaks Jason P and Gaspard Tracy
Bought by
Glover Jonathon P and Glover Ashley D

Purchase Details

Closed on
Jun 20, 2007
Sold by
Oakes Jason P and Oakes Tracy R
Bought by
Oakes Jason P

Purchase Details

Closed on
Sep 12, 2005
Sold by
Fitzsimons Samuel G and Shores Catherine F
Bought by
Dubose Donald T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.77%
Mortgage Type
Balloon

Purchase Details

Closed on
May 27, 2004
Sold by
Surf High Inn Motel
Bought by
Oakes Jason P and Oakes Tracy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2003
Sold by
Girl Scout Council Of Apalachee Bend Inc
Bought by
Fitzsimons Samuel G and Shores Catherine F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.93%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Caldwell Jonathan $7,500,000 Mti Title
Diamond Cm Capital Llc $4,500,000 Mti Title Ins Agency Inc
Glover Jonathan P -- None Available
Glover Jonathon P $976,900 Dba Bay County Land & Abstra
Glover Jonathon P -- Dba Bay County Land & Abstra
Oakes Jason P -- None Available
Dubose Donald T $1,500,000 --
Oakes Jason P $250,900 --
Fitzsimons Samuel G $600,000 --
Surf High Inn Motel Inc $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caldwell Jonathan $4,320,000
Previous Owner Glover Ashley $3,000,000
Previous Owner Oakes Jason P $300,000
Previous Owner Dubose Donald T $1,000,000
Previous Owner Oakes Jason P $645,000
Previous Owner Oakes Jason P $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Off Market $7,500,000 -- --
06/20/2022 06/20/22 Off Market $976,900 -- --
06/20/2022 06/20/22 Off Market $4,500,000 -- --
05/31/2022 05/31/22 Sold $7,500,000 0.0% $341 / Sq Ft
05/31/2022 05/31/22 Sold $7,500,000 -25.0% $341 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
01/30/2022 01/30/22 Pending -- -- --
08/04/2021 08/04/21 For Sale $9,995,000 +33.3% $455 / Sq Ft
08/01/2021 08/01/21 Off Market $7,500,000 -- --
05/10/2021 05/10/21 For Sale $7,500,000 -25.0% $341 / Sq Ft
04/11/2021 04/11/21 For Sale $9,995,000 0.0% $455 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
01/15/2021 01/15/21 Price Changed $9,995,000 -28.6% $455 / Sq Ft
10/20/2020 10/20/20 For Sale $14,000,000 +211.1% $637 / Sq Ft
03/30/2018 03/30/18 Sold $4,500,000 -77.3% $206 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
02/09/2016 02/09/16 For Sale $19,800,000 +1926.8% $908 / Sq Ft
03/26/2012 03/26/12 Sold $976,900 +23.7% $391 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $790,000 -- $316 / Sq Ft
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 $65,559 $5,504,967 -- --
2023 $65,559 $5,279,482 $0 $0
2022 $59,649 $5,119,293 $0 $0
2021 $55,852 $4,653,903 $907,138 $3,746,765
2020 $56,491 $4,640,359 $907,138 $3,733,221
2019 $55,805 $4,526,164 $840,170 $3,685,994
2018 $76,725 $6,126,487 $0 $0
2017 $77,214 $6,123,712 $0 $0
2016 $13,561 $1,053,305 $0 $0
2015 $11,781 $892,660 $0 $0
2014 $13,956 $1,058,794 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 857788

Emerald Coast Association of REALTORS®

APN: 31408-010-000