NOT LISTED FOR SALE

Estimated Value: $2,213,000 - $2,454,000

5 Beds
4.5 Baths
2,736 Sq Ft
$859/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $1,800,000 $658 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $14,530/month

153 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Resort Property
  • 0.54 Acre Lot
  • In Ground Pool
  • Custom Home
  • Engineered Wood Flooring

About This Home

As of May 2021

Custom built premium North Cape San Blas beachfront home with a private pool that's only a year old and in perfect condition. Sold fully furnished and equipped with a solid rental income and bookings for 2021. This home was built for great family vacations with a large and open kitchen/dining/living area. It has 3 master bedrooms facing the beach and includes an elevator and boardwalk. Buyer will have to honor management agreement with Serenity Beach Rentals through 2021. Most of the summer season is already booked at near $7,500/week. Fantastic vacation rental that should gross $120K-$140K in a full rental year. Listing agent is part owner. Preliminary flood maps show house located in .02 X flood zone instead of VE zone

Last Agent to Sell the Property

Steve Newman

98 Real Estate Group, LLC License #537193 Listed on: 10/20/2020

Last Buyer's Agent

Julia Cunningham

Coastal Realty Group-CSB South License #3066664

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,289

Year Built

  • Built in 2019

Lot Details

  • 0.54 Acre Lot
  • Property fronts gulf or ocean

Home Design

  • Custom Home
  • Beach House
  • Metal Roof
  • Piling Construction
  • HardiePlank Type

Interior Spaces

  • 2,736 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Engineered Wood Flooring
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Tuck Under Parking
  • Driveway
  • Open Parking

Additional Features

  • In Ground Pool
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Resort Property
  • Shady Grady Community
  • San Blas Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06269018R

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,289

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Directions: Take Cape San Blas Road beyond Scallop Cove. Turn into driveway just past Coastline Drive (gulf side). House on right.
  • Prop. Type: Residential
  • Building Stories: 2
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.54
  • Lot Size: irregular
  • Subdivision Name: San Blas Estates
  • Architectural Style: Custom, Beach House
  • Building Name: Shady Grady
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2
  • Property Attached Yn: No
  • Year Built: 2019
  • NAV22_ResortRentalYN: Yes
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Water Heater, Dryer, Refrigerator w/Ice Maker, Washer
  • Furnished: Furnished
  • Interior Amenities: Breakfast Bar, Elevator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Simulated Wood
  • Living Area: 2736

Exterior Features

  • Lot Features: Improved Lot, Aerials/Topo Available, Within 1/2 Mile of Water
  • Roof: Metal
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Water, Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: HardiPlank Type
  • Foundation Details: Pilings
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway, Under House With Pad
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available, County Trash
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 23522.4
  • Additional Parcels: No
  • Parcel #: 06269018R
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2023
Sold by
Maselli Frank V and Maselli Heather
Bought by
Maselli Frank V and Maselli Frank V
Current Estimated Value
$2,349,603

Purchase Details

Listed on
Oct 20, 2020
Closed on
May 4, 2021
Sold by
Syrup City Llc
Bought by
Maselli Frank V and Maselli Heather
Seller's Agent
Steve Newman
98 Real Estate Group, LLC
Buyer's Agent
Julia Cunningham
Coastal Realty Group-CSB South
List Price
$1,650,000
Sold Price
$1,800,000
Premium/Discount to List
$150,000
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$1,440,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2018
Sold by
Newman George S and Cannon Frank
Bought by
Syrup City Llc

Purchase Details

Closed on
Feb 16, 2018
Sold by
Hoagland Brooks and Hoagland Kellie
Bought by
Fuller James E

Purchase Details

Closed on
Feb 13, 2018
Sold by
Hoagland Brooks and Hoagland Kellie
Bought by
Newman George S and Cannon Frank

Purchase Details

Closed on
Jul 30, 2015
Sold by
Mb Sales Llc
Bought by
Hoagland Kellie and Hoagland Brooks

Purchase Details

Closed on
Jul 7, 2015
Sold by
Kosikowski Dick
Bought by
Mb Sales Llc

Purchase Details

Closed on
Feb 16, 2009
Sold by
Kosikowski Dick
Bought by
Pearson Wilbert D and Pearson Teresa A

Purchase Details

Closed on
Feb 16, 2008
Sold by
Kosikowski Dick
Bought by
Newman George Stephens
Source: Public Records

Range of Values:

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Average Value
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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
Maselli Frank V $100 --
Maselli Frank V $1,800,000 Attorney
Syrup City Llc -- Attorney
Fuller James E $410,000 Attorney
Newman George S $390,000 Attorney
Hoagland Kellie $750,000 Attorney
Mb Sales Llc $510,000 Attorney
Pearson Wilbert D $375,000 Attorney
Newman George Stephens $375,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maselli Frank V $1,440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2021 05/04/21 Sold $1,800,000 +9.1% $658 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
10/20/2020 10/20/20 For Sale $1,650,000 -- $603 / Sq Ft
Source: Forgotten Coast REALTOR® Association

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 $24,289 $2,111,930 $882,000 $1,229,930
2023 $23,408 $1,698,061 $0 $0
2022 $20,975 $1,543,692 $735,000 $808,692
2021 $13,944 $1,023,585 $441,000 $582,585
2020 $12,713 $864,740 $323,400 $541,340
2019 $4,178 $274,400 $274,400 $0
2018 $4,987 $323,400 $0 $0
2017 $11,855 $780,000 $0 $0
2016 $11,002 $680,000 $0 $0
2015 $4,801 $315,000 $0 $0
2014 $4,527 $315,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 306056

Forgotten Coast REALTOR® Association

APN: 06269-018R