$1,900,000
SOLD MAY 25, 2021

40 E Solaire Way Unit M1 Inlet Beach, FL 32461

Seacrest Neighborhood
3 Beds
3.5 Baths
2,496 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$761 Per Sq Ft

280 Days on Market

Highlights

  • Beach
  • Beach House
  • Community Pool
  • Bay Elementary School Rated A-
  • Wood Flooring
  • Walk-In Pantry

About This Home

As of May 2022

A community within a community in the exclusive Kaiya Beach Resort, The Mews cottages offer residents convenience coupled with privacy. With nearly 2,500 square feet of interior space plus an additional almost 900 square feet of covered outdoor space and a two-car garage, each 3BR/3.5BA residence has been thoughtfully designed to provide a luxurious retreat for the select few who will call The Mews home. Upscale features include custom-designed painted wood kitchen cabinetry with Caesarstone counters and backsplash, a Subzero and Wolf appliance suite, Waterworks kitchen and bath plumbing fixtures and both concrete paver and stained white oak plank flooring. The Mews pool is mere steps away from many of the front porches which encourage an impromptu dip or a convivial cocktail with friends in the shared summer kitchen.

Last Agent to Sell the Property

Harman, Jones, Sullivan

Berkshire Hathaway HomeServices Listed on: 11/08/2019

Berkshire Hathaway HomeServices

Co-Listed By

Hunter Harman

Watersound Real Estate License #3551555

Last Buyer's Agent

The Stephens Group

The Premier Property Group Watercolor Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,814

Year Built

  • Built in 2020 | Under Construction

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

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

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Porch

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

  • Kaiya Beach Resort Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Recreation Room

Recreation

  • Beach
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,814

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$333 per month

Parking

2

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Co List Office Mls Id: EBPF
  • Co List Office Phone: 850-534-3006
  • 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 Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: 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, Microwave, Refrigerator, Smoke Detector, Stove/Oven Gas
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Floor Hardwood
  • Interior Amenities: Kitchen Island, Pantry
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Hardwood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Kitchen Island: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Concrete, Siding Wood, Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Porch
  • Property Condition: Under Construction
  • Exterior:Porch: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • Construction Status:Under Construction: 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
  • Sewer: Public Sewer
  • Utilities: Public Water, Underground

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Exercise Room, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Waterfront, Whirlpool
  • Association #2 Fee: 1000.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 27-3S-18-16811-000-0010
  • Zoning: Resid Single Family

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,475,000 Rodgers Kiefer Title
Special Warranty Deed $1,900,000 Burke Law And Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,780,000 New Conventional
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: 834943

Emerald Coast Association of REALTORS®

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