Seller's Agent in 2015
John Paul Somers
Somers & Company
(850) 654-7777
28 in this area
285 Total Sales
39 Monaco St Miramar Beach, FL 32550
Estimated Value: $1,390,987 - $1,866,000
5
Beds
4
Baths
3,401
Sq Ft
$499/Sq Ft
Est. Value
Highlights
- Lake Front
- Beach
- Newly Painted Property
- Van R. Butler Elementary School Rated A-
- Gulf View
- Beach House
About This Home
As of November 2015Four-story furnished beach cottage in a highly desirable location with excellent rental income! This property is located on the south (Gulf/beach) side of Scenic 98 (aka Old 98), which is a great feature as the beach access does not require walking across a major thoroughfare! A private beach walkover approximately 100 yards away is reserved for the 7 exclusive homes on Monaco Street, plus the home enjoys use of the gorgeous pools and fabulous amenities (hot tub, fitness center, arcade, 2 conference rooms, undercover overflow parking) across the street at Crescent Condominiums... The home currently sleeps 20; bunks would allow for 24. Estimated 2015 gross rental receipts are estimated to exceed $125,000!
The spacious kitchen open to the adjacent living room/dining area provides a great gathering place. Six decks--5 screened and one open--provide give excellent views of the Gulf of Mexico or a picturesque lake. Other conveniences include an elevator, 2 washers/dryers, full exterior video surveillance system, fully fenced backyard, 2-car garage and room to park 4 additional vehicles.
This home also offers great flexibility for those looking to live full-time at the beach. The elegant master suite has a trey ceiling, large walk-in closet, soaking tub, dual vanities/sinks, separate sitting room, and private screened balcony. The bonus room could make a great home office or kids' play area, and the ground floor could easily become a separate one-bedroom apartment for a caretaker/nanny, adult child, aging parent, or rental unit.
In addition to being just steps from the beach and Scenic 98's walking path, the home's incredible location is 1/2 mile (walking distance) from Silver Sands Outlet Mall, a new grocery store, multiple restaurants, churches, etc. It's less than 2 miles to the movie theater, quality retail, restaurants, and farmers market at Grand Boulevard, and an easy ride to downtown Destin and the attractions of 30A. All this has helped to build an established customer base of families that return yearly. Please inquire for further details on this excellent opportunity!
Buyer must verify all information and specifications.
Last Agent to Sell the Property
Somers & Company License #3210089 Listed on: 10/06/2015
Last Buyer's Agent
John Paul Somers
ecn.unknownoffice
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,642
Year Built
- Built in 2006
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 45 x 213
- Lake Front
- Back Yard Fenced
- Sprinkler System
HOA Fees
- $517 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
- Guest Parking
Property Views
- Gulf
- Lake
Home Design
- Beach House
- Newly Painted Property
- Frame Construction
- Metal Roof
Interior Spaces
- 3,401 Sq Ft Home
- 4-Story Property
- Elevator
- Partially Furnished
- Crown Molding
- Coffered Ceiling
- Tray Ceiling
- Ceiling Fan
- Recessed Lighting
- Track Lighting
- Double Pane Windows
- Plantation Shutters
- Living Room
- Breakfast Room
- Dining Room
- Loft
- Tile Flooring
Kitchen
- Walk-In Pantry
- Electric Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
- Cultured Marble Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
- Garden Bath
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Lock
- Balcony
- Covered Deck
Schools
- Van R Butler Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 33-2S-21-42172-000-0040
Community Details
Overview
- Crescent Beach Cottages Subdivision
Amenities
- Game Room
Recreation
- Beach
- Community Pool
- Community Whirlpool Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2015
Closed on
Nov 13, 2015
Sold by
Brubaker Thomas Scott and Brubaker Elizabeth Dawn
Bought by
Fey Louis G and Beeson Temple
Seller's Agent
John Paul Somers
Somers & Company
Buyer's Agent
John Paul Somers
ecn.unknownoffice
List Price
$850,000
Sold Price
$850,000
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
$846,497
Avg. Annual Appreciation
7.18%
Original Mortgage
$637,500
Outstanding Balance
$503,121
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$1,193,376
Purchase Details
Closed on
Nov 18, 2005
Sold by
Olde Florida Construction Inc
Bought by
Brubaker Thomas Scott and Brubaker Elizabeth Dawn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 18, 2003
Sold by
Thall Neil
Bought by
Mitchell Steve
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.62%
Purchase Details
Closed on
Jun 8, 2001
Sold by
55 Monaco Llc
Bought by
Thall Neil
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fey Louis G | $850,000 | Aqua Title Services | |
| Brubaker Thomas Scott | $1,100,000 | Mcgill Escrow & Title Llc | |
| Olde Florida Construction Inc | $425,000 | -- | |
| Mitchell Steve | $213,300 | Mcgill Escrow & Title Llc | |
| Thall Neil | $149,000 | Destin Land & Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fey Louis G | $637,500 | |
| Previous Owner | Brubaker Thomas Scott | $880,000 | |
| Previous Owner | Mitchell Steve | $425,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2015 11/13/15 | Sold | $850,000 | 0.0% | $250 / Sq Ft |
| 10/06/2015 10/06/15 | Pending | -- | -- | -- |
| 10/06/2015 10/06/15 | For Sale | $850,000 | -- | $250 / Sq Ft |
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 | $8,642 | $1,046,333 | $250,000 | $796,333 |
| 2023 | $8,642 | $893,808 | $0 | $0 |
| 2022 | $8,133 | $950,007 | $233,940 | $716,067 |
| 2021 | $7,150 | $738,685 | $204,618 | $534,067 |
| 2020 | $7,119 | $713,138 | $187,200 | $525,938 |
| 2019 | $6,873 | $701,333 | $180,000 | $521,333 |
| 2018 | $6,187 | $620,515 | $0 | $0 |
| 2017 | $6,039 | $609,293 | $104,046 | $505,247 |
| 2016 | $6,050 | $604,611 | $0 | $0 |
| 2015 | $5,911 | $581,525 | $0 | $0 |
| 2014 | $5,958 | $577,913 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Paul Somers
-
Rachael Earley
Seller Co-Listing Agent in 2015
Rachael Earley
Somers & Company
(850) 225-6478
22 in this area
246 Total Sales
-
-
Buyer's Agent in 2015
- Ecn.rets.e9369
ecn.rets.RETS_OFFICE
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 739114
APN: 33-2S-21-42172-000-0040
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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