NOT LISTED FOR SALE

Estimated Value: $856,000 - $942,066

2 Beds
2.5 Baths
1,333 Sq Ft
$757/mo HOA Fee

Last Sold February 16, 2017

Last sale price $498,000 $374 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,004/month

3 Days on Market

Highlights

  • Views of a Sound
  • Boat Dock
  • Pier
  • A.K. Suter Elementary School Rated A-
  • Beach
  • Property fronts an intracoastal waterway

About This Home

As of February 2017

Upscale, fully furnished 18th floor Portofino unit with fabulous direct views to the Gulf of Mexico, plus views to the intracoastal/bay from the balcony. This custom unit includes two lower level parking spaces (#20 and #43). Upgrades include NEW stainless GE refrigerator (2016), NEW GE Quiet Wash stainless dishwasher (2015), professional Closet systems in both bedrooms & laundry room and self-closing soft close commodes. Furniture is high-end leather and hardwoods. Ceiling Fans are Hampton Bay with remotes. Finish out includes crown molding, smooth ceiling, St. Cecelia granite throughout, Nutmeg cabinets, stainless appliances, outdoor grill and dimmer/rocker switches. Rental ready, but would also make a great second home or permanent residence. Enjoy all Portofino has to offer including five rubico clay tennis courts, full fitness area w/weights, treadmills, exercise room, juice/coffee bar, grocery market, private restaurant, concierge, five tower pools w/Jacuzzi, two outdoor spa pools, indoor Olympic sized pool, indoor adult-only hot tub, outdoor bar w/food service, locker rooms w/steam and sauna, spa treatment rooms and gift shop.

Last Agent to Sell the Property

Tani Godfrey

PENNACLE PROPERTIES. INC Brokerage Email: tani@pennacleproperties.com Listed on: 01/16/2017

Last Buyer's Agent

Sherry Grayson

Levin Rinke Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,644

Year Built

  • Built in 2006

Lot Details

  • Land Lease of $845

HOA Fees

  • $757 Monthly HOA Fees

Property Views

Home Design

  • Mediterranean Architecture
  • Pillar, Post or Pier Foundation
  • Floor Insulation
  • Clay Roof
  • Concrete Siding
  • Steel Siding

Interior Spaces

  • 1,333 Sq Ft Home
  • Multi-Level Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Insulated Doors
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Jetted Tub in Primary Bathroom
  • Spa Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Guest Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Pool

  • Indoor Pool
  • Pool and Spa
  • In Ground Pool

Outdoor Features

  • Pier
  • Built-In Barbecue

Schools

  • A.K. Suter Elementary School
  • Gulf Breeze Middle School
  • Gulf Breeze High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 282S261000742003

Community Details

Overview

  • Association fees include cable TV, ground maintenance, insurance, management, pest control, recreation facility, trash, water/sewer
  • Portofino Subdivision

Amenities

  • Steam Room
  • Sauna
  • Elevator

Recreation

  • Fishing Pier
  • Beach

Security

  • Building Security
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,644

Year Built

Built in 2006

Lot Details

0

HOA Fees

$757 per month

Listing Details

  • Parcel Number: 282S261000742003
  • Property Type: Residential
  • Year Built: 2006
  • Electric: Circuit Breakers, Copper Wiring
  • Property Sub Type: Condo
  • Horses: No
  • Lot Size Acres: 28
  • Road Surface Type: Paved
  • Subdivision Name: Portofino
  • Directions: From Hwy 98, take Pensacola Beach exit, go through toll booth and continue east on Via de Luna approximately 3-4 miles. Portofino is last complex on north side of road. Tower 5 is first building on west side closest to gulf. (front left if you are facing the property from the road.)
  • Architectural Style: Mediterranean
  • Building Name: Portofino
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 8 or More Story
  • New Construction: No
  • Efficiency: Insulation, Insulated Floors, Insulated Walls
  • Kitchen Level: First
  • Attribution Contact: tani@pennacleproperties.com
  • Special Features: VirtualTour

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Flooring: Tile, Carpet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, High Ceilings, High Speed Internet, Recessed Lighting
  • Window Features: Double Pane Windows, Drapes
  • Bedroom/Bathroom Features: Updated
  • Dining Room Features: Breakfast Bar, Living/Dining Combo
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Master Bedroom Features: 2 or More Closets, Ceiling Fan(s), High Ceilings, Split
  • Room Kitchen Features: Updated, Granite Counters, Pantry
  • Room Living Room Area: 238
  • Room Kitchen Area: 88
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 180
  • Room Dining Room Area: 187
  • Master Bathroom Features: Double Vanity, Granite Counters, Jetted Tub, Separate Shower, Water Closet

Exterior Features

  • Roof: Clay Tiles/Slate
  • Pool Features: Indoor, In Ground, Pool/Spa Combo
  • View: Bay, Gulf, Sound, Water
  • View: Yes
  • Waterfront Features: Intracoastal Waterway, Sound, Waterfront, Beach Access, Natural, Pier
  • Waterfront: Yes
  • Construction Type: Concrete, Steel
  • Exterior Features: Balcony, Barbecue, Tennis Court(s)
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Resale

Garage/Parking

  • Parking Features: 2 Space/Unit, Covered, Guest
  • Total Parking Spaces: 2

Utilities

  • Heating: Heat Pump, Central
  • Cooling: Heat Pump, Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: Inside, W/D Hookups
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Pool, Community Room, Dock, Elevator, Fitness Center, Fishing, Gated, Sauna, Security/Safety Patrol, Sidewalks, Steam Room, Tennis Court(s)
  • Association Fee: 9085.08
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association, Cable TV, Maintenance Grounds, Insurance, Management, Pest Control, Recreation Facility, Trash, Water/Sewer

Schools

  • Elementary School: A.K. Suter
  • High School: Gulf Breeze
  • Middle Or Junior School: Gulf Breeze

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 1219680
  • Zoning Description: Res Multi
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 844.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2017
Closed on
Jan 1, 2017
Bought by
Ferrara John David Ferrara Den
Seller's Agent
Tani Godfrey
PENNACLE PROPERTIES. INC
Buyer's Agent
Sherry Grayson
Levin Rinke Realty
List Price
$519,000
Sold Price
$498,000
Premium/Discount to List
-$21,000
-4.05%
Current Estimated Value
$892,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,017
Avg. Annual Appreciation
7.54%
Original Mortgage
$398,400
Interest Rate
4.09%
Mortgage Type
New Conventional
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
Ferrara John David Ferrara Den $498,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Sandra $455,000
Closed Ferrara John David $398,400
Previous Owner Barber Steven N $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2017 02/16/17 Sold $498,000 -4.0% $374 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
01/14/2017 01/14/17 For Sale $519,000 -- $389 / Sq Ft
Source: Pensacola 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 $4,644 $371,856 -- $371,856
2023 $4,644 $324,022 $0 $0
2022 $4,229 $307,956 $0 $307,956
2021 $3,938 $267,788 $0 $0
2020 $3,681 $252,630 $0 $0
2019 $3,615 $245,272 $0 $0
2018 $5,195 $358,577 $0 $0
2017 $5,393 $365,000 $0 $0
2016 $5,408 $363,000 $0 $0
2015 $4,993 $324,450 $0 $0
2014 $4,722 $306,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 511276

Pensacola Association of REALTORS®

APN: 28-2S-26-1000-742-003