NOT LISTED FOR SALE

450 S Geronimo St Unit 2-203 Miramar Beach, FL 32550

Miramar Beach Neighborhood

Estimated Value: $488,000 - $569,000

2 Beds
2.5 Baths
1,290 Sq Ft
$400/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $595,000 $461 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $3,314/month

7 Days on Market

Highlights

  • In Ground Pool
  • Furnished
  • Balcony
  • Van R. Butler Elementary School Rated A-
  • Covered patio or porch
  • 1 Car Detached Garage

About This Home

As of June 2022

Location, Location! This turn-key, fully furnished, 2 bedroom, 2 1/2 bath townhome with detached garage is less than a 5-minute walk to the Gulf! It has been beautifully updated throughout with LVP flooring, granite, and stainless-steel appliances. Step outside to enjoy a covered back porch overlooking manicured lawns and only steps from the sparkling community pool. Surrounded by great restaurants and premier shopping at the Silver Sands Outlets, this condo offers everything needed for a full-time residence or a lucrative investment property. The three bedroom unit right next door is also for sale! MLS 898203. Both units have been used as short-term rentals and have provided exceptional income.

Last Listed By

The Steely Group

Live 30A Real Estate LLC License #SL3288163 Listed on: 05/12/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,518

Year Built

  • Built in 1998

Lot Details

  • Level Lot
  • Sprinkler System

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Guest Parking

Home Design

  • Metal Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,290 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Dining Area

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered patio or porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-2S-21-42530-002-0203

Community Details

Overview

  • Association fees include accounting, ground keeping, management
  • Gulf Walk Miramar Beach Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Community Pavilion

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,518

Year Built

Built in 1998

Lot Details

0

HOA Fees

$115 per month

Parking

1

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: GULF WALK MIRAMAR BEACH
  • Directions: From Hwy 98, turn south on Geronimo St (between Buffalo Jacks and Aegean Greek Restaurant) Follow south. Turn right into Gulf Walk (directly across from Post office) Building 2 is on the left.
  • Architectural Style: Townhome
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1998
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Floor Tile, Floor Vinyl, Floor WW Carpet, Furnished - All, Lighting Recessed, Owner's Closet, Washer/Dryer Hookup, Window Treatment All
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes

Exterior Features

  • Lot Features: Covenants, Interior, Level, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Concrete, Roof Metal, Slab, Stucco
  • Exterior Features: Balcony, Patio Covered, Pool - In-Ground, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage Detached, Guest
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Detached: Yes
  • Parking Features:Guest: 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
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Pavillion/Gazebo, Pets Allowed, Pool, TV Cable
  • Association #2 Fee: 115.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management

Schools

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

Lot Info

  • Parcel #: 28-2S-21-42530-002-0203
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1517.84
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2022
Sold by
Nation Graham
Bought by
450 S Gcronimo St Llc
Total Days on Market
7
Current Estimated Value
$515,480

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 30, 2022
Sold by
Rima and Kevin
Bought by
Nation Graham
Seller's Agent
The Steely Group
Live 30A Real Estate LLC
Buyer's Agent
Jacklyn Hardy
Douglas Elliman
List Price
$595,000
Sold Price
$595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.45%
Original Mortgage
$435,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2011
Sold by
Merach Lorraine
Bought by
Rima Tereasa and Rima Kevin

Purchase Details

Closed on
Oct 18, 2002
Sold by
Wright Marion G
Bought by
Mersch John A and Mersch Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,900
Interest Rate
6.01%

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
450 S Gcronimo St Llc $433,000 --
Nation Graham $595,000 Reli Title
Rima Tereasa $110,000 Aqua Title
Mersch John A $139,900 Mcgill Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nation Graham $435,000
Previous Owner Mersch John A $50,000
Previous Owner Mersch John A $125,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $595,000 0.0% $461 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $595,000 -- $461 / 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 $4,103 $410,027 $50,000 $360,027
2023 $4,103 $451,605 $0 $451,605
2022 $1,770 $265,650 $0 $265,650
2021 $1,518 $201,960 $0 $201,960
2020 $1,528 $201,960 $0 $201,960
2019 $1,452 $198,000 $0 $198,000
2018 $844 $84,660 $0 $0
2017 $839 $84,660 $0 $84,660
2016 $807 $80,629 $0 $0
2015 $820 $80,629 $0 $0
2014 $831 $80,629 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 898217

Emerald Coast Association of REALTORS®

APN: 28-2S-21-42530-002-0203