$1,850,000
SOLD MAR 14, 2023
7 Beds
6.5 Baths
2,985 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$620 Per Sq Ft

5% Below List Price

99 Days on Market

Highlights

  • Heated Pool
  • Fishing
  • Contemporary Architecture
  • Van R. Butler Elementary School Rated A-
  • Pond View
  • Vaulted Ceiling

About This Home

As of March 2023

Pristine 2020 built home paired with exceptional finishes and resort style amenities. This beautiful beachside retreat has nearly $200,000 in rental income for 2022 with 14 days of owner blocks during high season and $91,000 on the books so far for 2023. 41 Mellow Way is prominently positioned just a few tiers back from the Gulf of Mexico and a short walk or golf cart ride to Miramar Beach's largest public beach access. Appointed with top of line appliances, 66'' built in fridge/freezer, quartz countertops, and hardwood floors throughout. Featuring two living rooms, 7 bedrooms, 6 & 1 half bathrooms, and two large balconies, this rental machine was thoughtfully designed to optimize sleeping capacity while giving everyone space to relax. Professionally decorated and fully furnished including a 6-seat golf cart, this is a true turn-key property!

Located in The Retreat at Miramar, a private community of 27 luxury homes that is just a 2 minute golf cart ride or short walk to the beautiful beaches of the Emerald Coast and Walton County's largest public beach access. The community features a covered pavilion, a 90-foot heated resort pool, dining and lounge areas, TVs, and barbecue grills. Nestled in the heart of Miramar Beach, 41 Mello Way is conveniently located near Sandestin, Santa Rosa Beach, Destin, and 30A. Don't miss out on this turn-key investment opportunity!

Last Agent to Sell the Property

Alexander Lamberson

Gulf Realty 30A LLC License #3497345 Listed on: 11/04/2022

Last Buyer's Agent

Jason Rust

Compass License #3485571

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,295

Year Built

  • Built in 2020

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 55x75
  • Street terminates at a dead end
  • Sprinkler System

HOA Fees

  • $417 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slate Roof
  • Ridge Vents on the Roof
  • Wood Trim
  • Stucco
  • Slate

Interior Spaces

  • 2,985 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Woodwork
  • Crown Molding
  • Paneling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Insulated Doors
  • Great Room
  • Family Room
  • Pond Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Doors

Pool

  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Covered Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • High Efficiency Heating System
  • Underground Utilities
  • Multiple Water Heaters
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30-2S-21-42970-000-0190

Community Details

Overview

  • Association fees include ground keeping, recreational faclty
  • The Retreat At Miramar Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion

Recreation

  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,295

Year Built

Built in 2020

Lot Details

0

HOA Fees

$417 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 55x75
  • Subdivision Name: The Retreat at Miramar
  • Directions: From HWY 98 head south on Ellis Rd. The Retreat at Miramar will be on your left. 63 Wadleigh Way is directly across from the pool.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • New Construction: No
  • Efficiency: Doors
  • Building Stories: 3
  • Year Built: 2020
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Energy:Heat High Efficiency: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Insulated Doors: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Underground: Yes
  • Energy:Storm Windows: Yes
  • Rooms:Great Room: Yes
  • Rooms:Family Room: Yes
  • Energy:Ridge Vent: Yes
  • Energy:Storm Doors: Yes
  • Energy:Water Heater - Two: Yes
  • Waterview:Pond2: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Washer, Wine Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: Storm Door(s)
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Plantation Shutters, Walls Paneled, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted, Woodwork Stained
  • Window Features: Double Pane Windows, Storm Window(s)
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Appliances:Freezer: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Woodwork Stained: Yes
  • Interior:Walls Paneled: Yes

Exterior Features

  • Lot Features: Dead End, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Pond
  • Construction Type: Roof Tile/Slate, Stucco, Trim Wood
  • Exterior Features: Balcony, Deck Covered, Patio Covered, Pool - Heated, Shower, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Pool - Heated: Yes
  • Lot Features:Dead End: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • ConstructionSiding:Trim Wood: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, TV Cable
  • Association #2 Fee: 1251.3
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Recreational Faclty

Schools

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

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 30-2S-21-42970-000-0190
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7295.3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2023
Sold by
Newton Michael J and Cathlin Shea
Bought by
Envy Ventures Llc
Current Estimated Value
$1,796,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,110,000
Outstanding Balance
$1,084,707
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$711,527

Purchase Details

Listed on
Nov 4, 2022
Closed on
Mar 13, 2023
Sold by
Mko Properties Llc
Bought by
Newton Michael J and Verplank Cathlin Shea
Seller's Agent
Alexander Lamberson
Gulf Realty 30A LLC
Buyer's Agent
Jason Rust
Compass
List Price
$1,950,000
Sold Price
$1,850,000
Premium/Discount to List
-$100,000
-5.13%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.15%
Original Mortgage
$1,150,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2021
Closed on
Jan 24, 2022
Sold by
Klin Us Fl1 Llc
Bought by
Mko Properties Llc
Seller's Agent
Alexander Lamberson
Gulf Realty 30A LLC
Buyer's Agent
Brian Burgett
Brian D Burgett
List Price
$1,740,000
Sold Price
$1,740,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%

Purchase Details

Listed on
Jul 27, 2021
Closed on
Jul 26, 2021
Sold by
Plan Sea Florida Llc
Bought by
Klin Us Fli Llc
Seller's Agent
Alexander Lamberson
Gulf Realty 30A LLC
Buyer's Agent
Alexander Lamberson
Gulf Realty 30A LLC
List Price
$1,475,000
Sold Price
$1,475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.16%

Purchase Details

Closed on
Apr 28, 2020
Sold by
Miramar Retreat Llc
Bought by
Plan Sea Florida Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$841,500
Interest Rate
3.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Quit Claim Deed $100 None Listed On Document
Warranty Deed $1,850,000 --
Warranty Deed $1,740,000 Emerald Coast Title
Warranty Deed $1,475,000 Mcneese Title Llc
Special Warranty Deed $990,000 Burke Law And Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,110,000 New Conventional
Closed $1,110,000 New Conventional
Previous Owner $1,150,000 New Conventional
Previous Owner $841,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2023 03/14/23 Sold $1,850,000 -5.1% $620 / Sq Ft
02/11/2023 02/11/23 Pending -- -- --
11/04/2022 11/04/22 For Sale $1,950,000 +12.1% $653 / Sq Ft
01/24/2022 01/24/22 Sold $1,740,000 0.0% $605 / Sq Ft
12/25/2021 12/25/21 Pending -- -- --
12/23/2021 12/23/21 For Sale $1,740,000 +18.0% $605 / Sq Ft
07/27/2021 07/27/21 For Sale $1,475,000 0.0% $494 / Sq Ft
07/26/2021 07/26/21 Sold $1,475,000 -- $494 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
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 $13,204 $1,562,010 $141,750 $1,420,260
2023 $13,204 $1,453,185 $116,270 $1,336,915
2022 $10,706 $1,155,226 $129,060 $1,026,166
2021 $7,599 $785,078 $112,883 $672,195
2020 $1,031 $103,274 $103,274 $0
2019 $986 $99,302 $99,302 $0
2018 $952 $95,482 $0 $0
2017 $426 $43,016 $43,016 $0
2016 $0 $43,016 $43,016 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 911441

Emerald Coast Association of REALTORS®

APN: 30-2S-21-42970-000-0190