NOT LISTED FOR SALE

5 Laguna St Unit 102 Fort Walton Beach, FL 32548

Estimated Value: $305,763 - $365,000

2 Beds
2 Baths
1,269 Sq Ft
$572/mo HOA Fee

Last Sold July 15, 2022

Last sale price $254,687 $201 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,641/month

6 Days on Market

Highlights

  • Boat Dock
  • Property fronts a bayou
  • Fishing
  • Choctawhatchee Senior High School Rated A-
  • In Ground Pool
  • 1-minute walk to Laguna Park

About This Home

As of July 2022

Back on the Market. **Awesome Opportunity** to own a Waterfront Condominium on Cinco Bayou. This unit is distressed and is being sold ''As Is.'' The price has been reduced to reflect the condition of the property. The Seller can not make any repairs. This unit has been neglected for some time, but there is no significant damage to the inside walls, kitchen cabinets or ceilings. The unit is very dirty and will need extensive cleaning, updating and painting. Laguna Landing is located on Cinco Bayou, south of the Cinco Bayou bridge. For a boating enthusiast, it has docks with deep water that occasionally become available for purchase. With work, this unit can be restored to like new condition and make someone a great waterfront residence, second home or investment property. No Short-term rentals allowed.

Last Agent to Sell the Property

Be Home on the Coast

Corcoran Reverie Destin Listed on: 03/24/2022

Co-Listed By

Robert Roland

Corcoran Reverie Destin

Last Buyer's Agent

Robert Roland

Compass License #3385392

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,731

Year Built

  • Built in 2000

Lot Details

  • Property fronts a bayou

HOA Fees

  • $572 Monthly HOA Fees

Parking

  • 1 Covered Space

Property Views

  • Bay
  • Bayou

Home Design

  • Repairs Needed
  • Slate Roof
  • Concrete Siding
  • Stucco
  • Slate

Interior Spaces

  • 1,269 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Home Security

Outdoor Features

  • In Ground Pool
  • Deck

Schools

  • Elliott Point Elementary School
  • Meigs Middle School
  • Choctawhatchee High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 12-2S-24-4585-0000-0102

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, land recreation, management, master, recreational faclty, sewer, water, cable TV, trash
  • Laguna Landing Subdivision

Amenities

  • Picnic Area
  • Recreation Room
  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Building Fire Alarm
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,731

Year Built

Built in 2000

Lot Details

0

HOA Fees

$572 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EHJ1
  • Co List Office Phone: 850-424-3094
  • Subdivision Name: LAGUNA LANDING
  • Directions: Going North on Eglin Pkwy from Hwy 98, go through the intersection of Eglin Pkwy and Yacht Club and turn right at the entrance of Laguna Landing just south of Cinco Bayou Bridge.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2000
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Waterview:Bay2: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Waterfront:Bayou: Yes
  • Waterview:Bayou2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Fire Alarm/Sprinkler, Microwave, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Floor Tile, Floor WW Carpet, Furnished - None, Needs Work, Pantry, Washer/Dryer Hookup, Window Treatment All
  • Stories: 3
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Interior:Floor Tile: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Bayou, Bay
  • Waterfront Features: Bayou
  • Waterfront: Yes
  • Construction Type: Concrete, Roof Tile/Slate, Slab, Stucco
  • Exterior Features: Deck Open, Needs Work, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Covered Parking Spaces: 1.0
  • General Property Info:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Room, Dock, Dumpster, Elevators, Fishing, Pets Allowed, Picnic Area, Pool, Separate Storage, TV Cable, Waterfront
  • Association #2 Fee: 572.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Land Recreation, Management, Master Association, Recreational Faclty, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Elliott Point
  • High School: Choctawhatchee
  • Middle Or Junior School: Meigs

Lot Info

  • Parcel #: 12-2S-24-4585-0000-0102
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1731.08
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Sep 2, 2022
Sold by
Snp Investments Llc
Bought by
Coon Jerry K and Coon Albra A
Seller's Agent
Be Home on the Coast
Corcoran Reverie Destin
Buyer's Agent
Robert Roland
Compass
List Price
$254,687
Sold Price
$254,687
Current Estimated Value
$321,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,892
Avg. Annual Appreciation
9.32%

Purchase Details

Listed on
Mar 24, 2022
Closed on
Jul 14, 2022
Sold by
Robert Dalton
Bought by
Snp Investments Llc
Seller's Agent
Be Home on the Coast
Corcoran Reverie Destin
Buyer's Agent
Robert Roland
Compass
List Price
$254,687
Sold Price
$254,687

Purchase Details

Closed on
Feb 20, 2004
Sold by
Harding David L
Bought by
Dalton Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2002
Sold by
Laguna Landing Development Inc
Bought by
Harding David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,238
Interest Rate
7.16%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Coon Jerry K $295,000 --
Snp Investments Llc $254,700 None Listed On Document
Dalton Robert $202,000 Lawyers Title Agency Of The
Harding David L $165,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dalton Robert $10,000
Previous Owner Dalton Robert $80,000
Previous Owner Dalton Robert $72,000
Previous Owner Harding David L $158,238
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $254,687 0.0% $201 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $254,687 -- $201 / 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 $3,695 $80,188 -- --
2023 $3,695 $245,000 $0 $245,000
2022 $1,778 $162,920 $0 $0
2021 $1,753 $158,175 $0 $0
2020 $1,731 $155,991 $0 $0
2019 $1,356 $175,000 $0 $0
2018 $1,751 $149,641 $0 $0
2017 $1,713 $146,563 $0 $0
2016 $1,665 $143,548 $0 $0
2015 $1,676 $142,550 $0 $0
2014 $1,604 $141,419 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 884868

Emerald Coast Association of REALTORS®

APN: 12-2S-24-4585-0000-0102