NOT LISTED FOR SALE

Estimated Value: $1,926,390 - $2,588,000

5 Beds
5.5 Baths
3,622 Sq Ft
$607/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $1,469,000 $406 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $13,190/month

41 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Vaulted Ceiling
  • Dune Lakes Elementary School Rated A-
  • Gulf View
  • Mediterranean Architecture

About This Home

As of April 2021

40 South Grande Beach offers sweeping gulf views, 5 bedrooms, 5 1/2 bathrooms, an elevator and a ground level bonus room which includes a kitchen. Grande Beach features a community pool and a deeded private beach. This extraordinary beach home is being offered with an impressive rental history grossing 88k in 2020 and with 62k on the books for 2021 as of 2/9/21. It is the responsibility of the buyer and/or buyer's realtor to verify all measurements and HOA fees. Home being sold AS IS

Last Agent to Sell the Property

Shelby Hinson

Christies International Real Estate Emerald Coast License #3432822 Listed on: 01/06/2021

Christies International Real Estate Emerald Coast

Last Buyer's Agent

Rebecca Baker

World Impact Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,503

Year Built

  • Built in 1997

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50x79

HOA Fees

  • $179 Monthly HOA Fees

Parking

  • Automatic Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Stucco

Interior Spaces

  • 3,622 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Furnished
  • Woodwork
  • Crown Molding
  • Vaulted Ceiling
  • Recessed Lighting
  • Window Treatments
  • Great Room
  • Painted or Stained Flooring
  • Gulf Views
  • Fire Sprinkler System

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered Deck
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Decorating Allowance
  • Assessor Parcel Number 12-3S-20-34070-000-0040

Community Details

Overview

  • Association fees include accounting, insurance, land recreation, legal, management, master
  • Grande Beach Subdivision

Recreation

  • Beach
  • Community Pool

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,503

Year Built

Built in 1997

Lot Details

0

HOA Fees

$179 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Lot Size: 50x79
  • Subdivision Name: Grande Beach
  • Directions: From 98 heading East, turn right on 83, continue through stop sign at 30A, take a right on Blue Mountain Road, Grande Beach neighborhood will be on your left
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 4
  • Year Built: 1997
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Covered Porch: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Rooms:Great Room: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Freezer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Stove/Oven Gas, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Ceiling Crwn Molding, Ceiling Vaulted, Decorating Allowance, Elevator, Furnished - All, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Window Treatment All, Woodwork Painted, Woodwork Stained
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Interior:Elevator: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Appliances:Freezer: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Decorating Allowance: Yes
  • Interior:Woodwork Stained: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Deck Covered, Patio Open
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Patio Open: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Pets Allowed, Pool, Waterfront
  • Association #2 Fee: 2150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Insurance, Land Recreation, Legal, Management, Master Association

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 12-3S-20-34070-000-0040
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7503.37
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
May 6, 2021
Sold by
Shah Rajiv Surendra and Shah Pamila Rajiv
Bought by
Dolphin Overlook Llc
Seller's Agent
Shelby Hinson
Christies International Real Estate Emerald Coast
Buyer's Agent
Rebecca Baker
World Impact Real Estate
List Price
$1,469,000
Sold Price
$1,469,000
Current Estimated Value
$2,196,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$727,848
Avg. Annual Appreciation
9.35%
Original Mortgage
$1,101,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2021
Closed on
Apr 7, 2021
Sold by
Lezzi Family Limited Partnership
Bought by
Shah Rajiv Surendra and Shah Pamila Rajv
Seller's Agent
Shelby Hinson
Christies International Real Estate Emerald Coast
Buyer's Agent
Rebecca Baker
World Impact Real Estate
List Price
$1,469,000
Sold Price
$1,469,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,101,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2020
Sold by
Bmint Llc
Bought by
Majestica Circle Llc

Purchase Details

Listed on
Oct 19, 2015
Closed on
Dec 31, 2015
Sold by
Snyder Jennifer Ellard
Bought by
The Iezzi Family Limited Partnership
Seller's Agent
- Ecn.rets.e4826
ecn.rets.RETS_OFFICE
Buyer's Agent
Caleb Midgett
Scenic Sotheby's International Realty
List Price
$990,000
Sold Price
$990,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%

Purchase Details

Closed on
Nov 7, 2007
Sold by
Ellard Jean B
Bought by
Ellard Jean B and Jean B Ellard Qualified Personal Residen

Purchase Details

Closed on
Apr 30, 2004
Sold by
Harris Joseph V and Harris Beverly
Bought by
Taylor Mark D and Collins Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Dolphin Overlook Llc -- Attorney
Shah Rajiv Surendra $1,469,000 None Available
Majestica Circle Llc $1,640,000 Attorney
The Iezzi Family Limited Partnership $990,000 H & S Title & Escrow Inc
Ellard Jean B -- None Available
Taylor Mark D $380,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Rajiv Surendra $1,101,750
Previous Owner Taylor Mark D $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Off Market $1,469,000 -- --
04/07/2021 04/07/21 Sold $1,469,000 0.0% $406 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $1,469,000 +48.4% $406 / Sq Ft
12/31/2015 12/31/15 Sold $990,000 0.0% $307 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $990,000 -- $307 / 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 $13,609 $1,618,022 $715,000 $903,022
2023 $13,609 $1,381,580 $0 $0
2022 $11,640 $1,255,982 $444,000 $811,982
2021 $8,761 $960,800 $358,016 $602,784
2020 $7,719 $773,243 $327,540 $445,703
2019 $7,503 $755,550 $318,000 $437,550
2018 $6,948 $696,768 $0 $0
2017 $6,638 $669,725 $244,816 $424,909
2016 $6,564 $655,933 $0 $0
2015 $5,699 $560,635 $0 $0
2014 $5,372 $521,122 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 847558

Emerald Coast Association of REALTORS®

APN: 12-3S-20-34070-000-0040