NOT LISTED FOR SALE

Estimated Value: $4,256,000 - $5,814,000

9 Beds
9.5 Baths
7,424 Sq Ft
$690/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $4,650,000 $626 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $30,083/month

294 Days on Market

Highlights

  • Beach
  • Upgraded Media Wing
  • Gulf View
  • Van R. Butler Elementary School Rated A-
  • Heated In Ground Pool
  • Deck

About This Home

As of October 2021

Completed in 2016, the ''Soggy Dollar'' is a sleek coastal contemporary masterpiece perfectly situated to capture panoramic gulf views from each of the four finished levels as well as the fifth story rooftop deck. This is the ultimate beach home; masterfully configured to provide unparalleled amenities and optimized for entertaining including a custom built boat bar outfitted with a wine cooler, ambient lighting, antique compass & flat screen television all resembling the nautical theme that is present throughout the home. The boat bar opens up to the 40,000 gallon watermark-built private resort style pool area complete with a swim up bar as well as an adjoining spa and covered outdoor summer kitchen & living area with gas fireplace and TV. Rental projections for this home are $500,000+ in gross annual rental income. Notable features include multiple indoor and outdoor living areas, private commercial grade elevator with access to every floor, dual master suites with gulf views and adjoining spa-like bathrooms with floor to ceiling calcutta marble, built-in pinterest style bunk beds, indoor and outdoor surround sound system as well as security cameras for optimal privacy. The first floor layout boasts dual bunk rooms, as well as two large bedrooms and adjoining baths as well as an industrial style game room complete with a custom boat bar & built in wet bar including a full size Sub-Zero fridge. The second floor is the focal point of indoor living space with a spacious living room featuring pecky cypress ceilings, floor to ceiling windows to soak in the beautiful gulf views, gas fireplace, built-in entertainment center and open to the massive dining area overlooking the pool. The kitchen features floor-to-ceiling custom cabinetry, paneled Sub-Zero appliances and Wolf professional series gas range, walk-in pantry and large center island with gorgeous shell infused custom countertops. The second floor also features a full bedroom with ensuite bathroom & half bath as well as access to the second story outdoor dining area overlooking the lagoon style pool. The third floor features 4 full bedrooms including dual master suites, laundry area as well as built in bunks for additional sleep ability. The fourth story is an unreal entertaining space outfitted as a game room featuring panoramic gulf views as well as a pinball machine, pool table, card table, flat screen TV, wet bar with GE Monogram stainless fridge, full bathroom & custom bunk room all open to the wrap around porch space.

From the fourth floor, the spiral staircase allows access to the fifth story deck ideally outfitted with surround sound and furnished with lounge chairs and ample seating to allow panoramic views of the gulf of Mexico as well as the Choctawhatchee Bay. This home is in close proximity to gated community beach access as well as all of the world class shopping, dining and entertainment that Miramar Beach has to offer.

Last Agent to Sell the Property

Spears Group

Scenic Sotheby's International Realty Listed on: 11/20/2020

Last Buyer's Agent

Justin Endsley

Gulf Realty 30A LLC License #3381553

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,050

Year Built

  • Built in 2016

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x165
  • Back Yard Fenced
  • Sprinkler System
  • Lawn Pump

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Exterior Columns
  • Frame Construction
  • Metal Roof
  • Cement Board or Planked
  • Stucco

Interior Spaces

  • 7,424 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Built-in Bookshelves
  • Shelving
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Family Room
  • Living Room
  • Dining Room
  • Upgraded Media Wing
  • Bonus Room
  • Gulf Views

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Built-In Bunk Beds
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue

Additional Homes

  • Dwelling with Separate Living Area

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32-2S-21-42040-00A-0140

Community Details

Overview

  • Association fees include recreational faclty
  • Frangista Beach Subdivision

Recreation

  • Beach

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,050

Year Built

Built in 2016

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 50x165
  • Road Surface Type: Paved
  • Subdivision Name: FRANGISTA BEACH
  • Directions: North on Miami Street from Scenic Highway 98; home is located on the East side of the street.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2016
  • 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
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Bonus Room: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Water Heater - Gas: Yes
  • Rooms:Family Room: Yes
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Auto Garage Door Opn, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Freezer, Ice Machine, Jennaire Type, Microwave, Oven Double, Range Hood, Refrigerator, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Washer
  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Interior Amenities: Built-In Bookcases, Ceiling Crwn Molding, Ceiling Raised, Ceiling Vaulted, Elevator, Fireplace, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Owner's Closet, Plantation Shutters, Shelving, Upgraded Media Wing, Washer/Dryer Hookup, Wet Bar, Window Treatment All
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Elevator: 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: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
  • Appliances:Security System: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Appliances:Oven Double: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Fireplace: Yes
  • Interior:Hallway Bunk Beds: Yes
  • Appliances:Central Vacuum: Yes
  • Appliances:Jennaire Type: Yes

Exterior Features

  • Lot Features: Sidewalk, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Frame, Roof Metal, Siding CmntFbrHrdBrd, Slab, Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Deck Open, Fenced Back Yard, Fenced Lot-Part, Fenced Privacy, Fireplace, Hot Tub, Lawn Pump, Patio Covered, Patio Open, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch, Porch Open, Separate Living Area, Shower, Sprinkler System, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Exterior:Porch: Yes
  • Lot Features:Survey Available: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • Lot Features:Sidewalk: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Fireplace2: Yes
  • Exterior:Separate Living Area: Yes
  • Exterior:Pool - Gunite Concrt: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Info:Garage2: 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, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach
  • Association #2 Fee: 1800.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Recreational Faclty

Schools

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

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 32-2S-21-42040-00A-0140
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 27050.1
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Oct 8, 2021
Sold by
Kokomo South Partners Llc
Bought by
42 Miami Llc
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Justin Endsley
Gulf Realty 30A LLC
List Price
$4,650,000
Sold Price
$4,650,000
Current Estimated Value
$5,121,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,954
Avg. Annual Appreciation
1.92%

Purchase Details

Listed on
Sep 27, 2016
Closed on
Feb 24, 2017
Sold by
14 Miami Llc
Bought by
Kokomo South Partners Llc
Seller's Agent
Jonathan Spears
Compass
Buyer's Agent
Jonathan Spears
Compass
List Price
$3,500,000
Sold Price
$3,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$2,214,535
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2011
Sold by
Lbk Investments Llc
Bought by
14 Miami Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,218
Interest Rate
4.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 9, 2010
Sold by
Giles Properties Limited Partnership
Bought by
Lbk Investments Llc

Purchase Details

Closed on
Oct 23, 2003
Sold by
Davis Michael Sean
Bought by
Giles Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
42 Miami Llc $4,650,000 Mcneese Title Llc
Kokomo South Partners Llc $3,178,700 Aqua Title Services
14 Miami Llc $196,300 Attorney
Lbk Investments Llc $170,000 Dune Title Company Llc
Giles Properties Lp $250,000 First National Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kokomo South Partners Llc $2,160,000
Previous Owner Kokomo South Partners Llc $2,214,535
Previous Owner 14 Miami Llc $500,000
Previous Owner 14 Miami Llc $151,218
Previous Owner Giles Properties Lp $277,750
Previous Owner Giles Properties Lp $555,500
Previous Owner Giles Properties Lp $500,000
Previous Owner Giles Properties Lp $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $4,650,000 0.0% $626 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
11/20/2020 11/20/20 For Sale $4,650,000 +32.9% $626 / Sq Ft
06/23/2019 06/23/19 Off Market $3,500,000 -- --
02/27/2017 02/27/17 Sold $3,500,000 0.0% $500 / Sq Ft
12/31/2016 12/31/16 Pending -- -- --
09/27/2016 09/27/16 For Sale $3,500,000 -- $500 / 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 $31,713 $4,940,384 $812,188 $4,128,196
2023 $31,713 $3,490,204 $930,000 $2,560,204
2022 $41,736 $4,503,559 $643,800 $3,859,759
2021 $31,976 $3,521,246 $312,768 $3,208,478
2020 $28,046 $2,809,561 $286,143 $2,523,418
2019 $27,050 $2,723,804 $275,138 $2,448,666
2018 $25,840 $2,591,501 $0 $0
2017 $14,774 $1,505,900 $0 $0
2016 $1,955 $214,757 $0 $0
2015 $1,740 $182,462 $0 $0
2014 $1,487 $144,238 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 859656

Emerald Coast Association of REALTORS®

APN: 32-2S-21-42040-00A-0140