NOT LISTED FOR SALE

40 E Solaire Way Unit M1 Inlet Beach, FL 32461

Seacrest Neighborhood

Estimated Value: $3,296,000 - $4,522,000

3 Beds
3.5 Baths
2,496 Sq Ft
$1,485/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $3,475,000 $1,392 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $22,379/month

6 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Beach House
  • Bay Elementary School Rated A-
  • In Ground Pool
  • Wood Flooring

About This Home

As of May 2022

Exquisite 3 BD | 3.5 BA luxury townhome located in the newest and most exclusive development on 30A, Kaiya Beach Resort, situated just west of Alys Beach and a resort unto itself. Designed by renowned Khoury Voigt architects and developed by Romair, no detail was overlooked in this amazing community with cobblestone streets and white Grecian stucco architecture. The fountains, lined by expansive Palm trees, greet you as you enter this tranquil community. The townhome itself offers almost 2,500 sq. ft of interior living space, 900 sq. ft of covered outdoor terraces, and an oversized 2 car garage. It's also an end unit located on a private, peaceful courtyard, which allows for an abundance of natural light. Designer upgrades in this townhome include: Bianca Carrera marble bathrooms, Caesarstone countertops in the kitchen, Subzero and Wolf appliances, Waterworks kitchen and bath plumbing fixtures, concrete pavers, and stained white oak flooring. The first floor is very open and spacious and includes a chef's kitchen, a beautiful center island with ample storage and a separate dining alcove. It expands into a luxurious feeling living space providing a relaxing retreat for residents and guests, who will also enjoy the exclusive use of the Mews pool and cabanas that are just steps off the front porch. The second level includes the expansive master suite that opens onto a private terrace overlooking the courtyard and pool. The second level also has two additional bedrooms, both with their own en suite bathrooms. Owners and guests will enjoy the private beach club and nearby Rosemary Beach with world class shopping, dining and entertainment. This luxury townhome is being sold fully furnished and ready for permanent living or vacation rentals.

Last Agent to Sell the Property

The Stephens Group

The Premier Property Group Watercolor Office Listed on: 04/02/2022

Last Buyer's Agent

Allison Freeman

The Premier Property Group Seacrest Office License #3468158

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,085

Year Built

  • Built in 2020

Lot Details

  • 2,178 Sq Ft Lot

HOA Fees

  • $398 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Beach House
  • Property Attached
  • Dimensional Roof
  • Composition Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room
  • Dining Area
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Open Patio
  • Gazebo
  • Built-In Barbecue
  • Rain Gutters

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 27-3S-18-16811-000-0010

Community Details

Overview

  • Association fees include trash
  • Kaiya Beach Resort Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion

Recreation

  • Beach
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,085

Year Built

Built in 2020

Lot Details

0

HOA Fees

$398 per month

Parking

2

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • Subdivision Name: Kaiya Beach Resort
  • Directions: From Hwy 98, turn south on Watersound Pkwy. Go to the 2nd stop sign (Hwy 30A) and turn left. Kaiya will be on your left.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2020
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Rooms:Balcony2: Yes
  • Rooms:Dining Area: Yes
  • Utilities:Underground: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Pantry
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: 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:Kitchen Island: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Concrete, Roof Dimensional Shg, Wood Siding, Stucco
  • Exterior Features: Rain Gutter, Balcony, BBQ Pit/Grill, Patio Open, Pavillion/Gazebo, Pool - In-Ground, Shower
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Shower: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:PavillionGazebo: Yes
  • Exterior:Rain Gutter: Yes
  • ConstructionSiding:Siding Wood: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Rooms:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Public Sewer, Public Water, Underground

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Deed Access, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool
  • Association #2 Fee: 1195.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 2178.0
  • Parcel #: 27-3S-18-16811-000-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3084.57
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2022
Closed on
May 26, 2022
Sold by
Trejam Properties Llc
Bought by
Drissi Hassen and Drissi Ashley C
Seller's Agent
The Stephens Group
The Premier Property Group Watercolor Office
Buyer's Agent
Allison Freeman
The Premier Property Group Seacrest Office
List Price
$3,475,000
Sold Price
$3,475,000
Current Estimated Value
$3,620,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,617
Avg. Annual Appreciation
2.06%
Original Mortgage
$2,780,000
Outstanding Balance
$2,658,263
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$1,049,096

Purchase Details

Listed on
Nov 8, 2019
Closed on
May 25, 2021
Sold by
Kbr Mews Development Llc
Bought by
Trejam Properties Llc
Seller's Agent
Harman, Jones, Sullivan
Berkshire Hathaway HomeServices
Buyer's Agent
The Stephens Group
The Premier Property Group Watercolor Office
List Price
$1,900,000
Sold Price
$1,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.89%
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
Drissi Hassen $3,475,000 Rodgers Kiefer Title
Trejam Properties Llc $1,900,000 Burke Law And Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drissi Hassen $2,780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $3,475,000 0.0% $1,392 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/02/2022 04/02/22 For Sale $3,475,000 +82.9% $1,392 / Sq Ft
05/25/2021 05/25/21 Sold $1,900,000 0.0% $761 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
11/08/2019 11/08/19 For Sale $1,900,000 -- $761 / 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 $23,814 $3,019,422 $1,500,000 $1,519,422
2023 $23,814 $2,620,800 $0 $2,620,800
2022 $15,180 $1,638,000 $0 $1,638,000
2021 $3,269 $337,751 $337,751 $0
2020 $3,085 $309,000 $309,000 $0
2019 $0 $48,170 $48,170 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 894198

Emerald Coast Association of REALTORS®

APN: 27-3S-18-16811-000-0010