NOT LISTED FOR SALE

Estimated Value: $3,909,000 - $11,455,278

5 Beds
6 Baths
4,616 Sq Ft
$1,737/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $10,500,000 $2,275 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $49,759/month

15 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Upgraded Media Wing
  • 1.21 Acre Lot
  • Van R. Butler Elementary School Rated A-
  • Pool House
  • Covered Deck

About This Home

As of February 2022

Unlike any other...This premier residence sits directly on the Gulf of Mexico, boasting 150 linear feet of pristine beach frontage on 1.2 acres. Located in walking distance to the restaurants and shops at Gulf Place in Santa Rosa Beach along Scenic Hwy 30A, this spectacular, sprawling compound features extraordinary views from the living room, dining room, kitchen, five bedrooms, office, two 12'x38' covered porches, and a pool.
Stunning views immediately awaken your senses as you enter into the open concept living room, dining room, and kitchen with beautiful wood beams, travertine floors, and a gas fireplace. Next, walk outside to a large covered porch, which is just steps away from the white sandy beaches and emerald waters uniquely found in the Panhandle of Florida. The first-floor gathering area is flanked by two gulf-front master suites and an office, all with beautiful views of the Gulf of Mexico. Additionally, a large bonus room, laundry room, and oversized three-car garage are on the first floor.
Make your way upstairs to three gulf-front bedrooms with direct access to a large covered porch which provides the opportunity to take in the view and enjoy the warm sea breeze.
After spending time at the beach, relish the gulf front pool and deck with heated/cooled pool house fully equipped with TV, music, refrigerator, icemaker, and half bath.
Privacy and peacefulness is the name of the game when you own 1.2 acres, to the high mean waterline, with 150' of gulf frontage. The grounds are immaculate and include a beautiful circular driveway, which leads to an oversized three-car garage with tall ceilings, accommodating multiple vehicles and additional storage. A courtyard welcomes you to the home and the Gulf-front pool.
The original home was completely renovated in 2015, and a new master suite wing, oversized three-car garage, pool, and pool house were added. Exterior features include concrete walls, impact windows and doors, foam insulation, and a standing seam roof. Interior finishes include exposed beams, travertine, and hickory flooring, gas fireplace, Cambria countertops, LED lighting, custom motorized blinds, the list goes on and on.
The current parcel comprises original lots 12&13 of unrecorded Plat Spires Estates and is zoned Neighborhood In-fill.
The area is served by Panama City Beach & Fort Walton/Destin airports with commercial service and FBO facilities. All information is believed to be accurate but should be verified.

Last Agent to Sell the Property

Stroop Group

Go to the Beach Real Estate Listed on: 12/17/2021

Last Buyer's Agent

Tanner Shehan

Latitude Resort Properties License #3348219

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,714

Year Built

  • Built in 1969 | Remodeled

Lot Details

  • 1.21 Acre Lot
  • Property fronts gulf or ocean
  • Coastal Setback
  • Property fronts a county road
  • Coastal Barrier Zone
  • Sprinkler System
  • Lawn Pump
  • Property is zoned Resid Multi-Family,

Parking

  • 3 Car Attached Garage

Home Design

  • Beach House
  • Frame Construction
  • Metal Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 4,616 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Crown Molding
  • Beamed Ceilings
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Upgraded Media Wing
  • Home Office
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Pool House
  • In Ground Pool

Outdoor Features

  • Balcony
  • Covered Deck
  • Porch

Location

  • Flood Insurance May Be Required

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Air Source Heat Pump
  • Tankless Water Heater

Community Details

  • Spires Estates Unrecorded Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-3S-20-34000-024-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,714

Year Built

Built in 1969 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 1.21
  • Lot Size: 150 x 350 +/-
  • Road Frontage Type: County Road
  • Subdivision Name: Spires Estates Unrecorded
  • Directions: From Hwy 98 travel South on Hwy 393 until you dead end to Ed Walline Beach Access. Turn right (West) and travel appox. 1000 feet. Or, From Hwy 98 enter the West end of Hwy 30A and travel approx. 2 miles. The home will be on your right.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1969
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Great Room: Yes
  • Rooms:Office2: Yes
  • Energy:Heat Pump AA Two: Yes
  • Rooms:Pool House: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Range Hood, Refrigerator W/IceMk, Security System, Smoke Detector, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Fireplace Gas, Floor Hardwood, Floor Marble, Pantry, Renovated, Upgraded Media Wing, Washer/Dryer Hookup, Wet Bar, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Window Treatment All: Yes
  • Appliances:Security System: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Wet Bar: Yes
  • Interior:Floor Marble: Yes
  • Interior:Ceiling Beamed: Yes

Exterior Features

  • Lot Features: Coastal Setback, Flood Insurance Req, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Block, Frame, Roof Metal, Stucco
  • Exterior Features: Balcony, Deck Covered, Deck Open, Lawn Pump, Pool - House, Pool - In-Ground, Porch, Porch Open, Renovated, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Survey Available: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • Lot Features:Coastal Setback: Yes
  • Lot Features:Flood Insurance Req: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Porch Open: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Pool - House: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Oversized
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Oversized: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump A/A Two +
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer

Schools

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

Lot Info

  • Lot Size Sq Ft: 52707.6
  • Parcel #: 03-3S-20-34000-024-0000
  • Zoning: Resid Multi-Family,
  • ResoLotSizeUnits: Acres
  • Lot Features Coastal Barrier Zone: Yes

Tax Info

  • Tax Annual Amount: 28713.97
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2021
Closed on
Feb 28, 2022
Sold by
Johnson Charles D and Johnson Jama L
Bought by
Serenity Blue Llc
Seller's Agent
Stroop Group
Go to the Beach Real Estate
Buyer's Agent
Tanner Shehan
Latitude Resort Properties
List Price
$10,500,000
Sold Price
$10,500,000
Current Estimated Value
$8,016,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,483,180
Avg. Annual Appreciation
-8.66%
Original Mortgage
$7,350,000
Outstanding Balance
$3,897,273
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$3,762,941

Purchase Details

Listed on
Mar 4, 2013
Closed on
Mar 25, 2014
Sold by
Investment Unlimited
Bought by
Johnson Charles D and Johnson Jama L
Seller's Agent
Alda Sileo
Century 21 Beach Realty
Buyer's Agent
Willis Palmer
Berkshire Hathaway HomeServices
List Price
$2,700,000
Sold Price
$2,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.65%

Purchase Details

Closed on
Aug 10, 2011
Sold by
Branch Banking & Trust Co
Bought by
Vsj Llc
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
Serenity Blue Llc $10,500,000 None Listed On Document
Johnson Charles D $2,700,000 Aqua Title Services
Vsj Llc $380,000 Destin Land & Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serenity Blue Llc $7,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $10,500,000 0.0% $2,275 / Sq Ft
01/01/2022 01/01/22 Pending -- -- --
12/17/2021 12/17/21 For Sale $10,500,000 +288.9% $2,275 / Sq Ft
03/25/2014 03/25/14 Sold $2,700,000 0.0% $767 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
03/04/2013 03/04/13 For Sale $2,700,000 -- $767 / 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 $72,938 $7,377,824 $5,400,000 $1,977,824
2023 $72,938 $8,027,200 $5,400,000 $2,627,200
2022 $29,501 $3,221,487 $0 $0
2021 $29,910 $3,127,657 $0 $0
2020 $30,418 $5,287,117 $4,735,718 $551,399
2019 $29,572 $3,015,126 $0 $0
2018 $29,132 $2,958,907 $0 $0
2017 $28,355 $2,898,048 $0 $0
2016 $28,033 $2,838,441 $0 $0
2015 $25,460 $2,504,758 $0 $0
2014 $22,313 $2,198,385 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 887390

Emerald Coast Association of REALTORS®

APN: 03-3S-20-34000-024-0000