NOT LISTED FOR SALE

50 Monaco St Unit 405 Miramar Beach, FL 32550

Estimated Value: $787,000 - $1,034,000

2 Beds
2 Baths
1,390 Sq Ft
$640/mo HOA Fee

Last Sold May 18, 2015

Last sale price $577,500 $415 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,013/month

173 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Furnished
  • Van R. Butler Elementary School Rated A-
  • Gated Community
  • Community Pool

About This Home

As of May 2015

A rare 05 stack top floor unit in Crescent that is 1,390 sq. ft.. You are sure to enjoy the beautiful, breathtaking Gulf views! A large fully furnished 2 bedroom 2 bath floor plan with features including tiled flooring throughout, 10' ceilings, a large kitchen with lots of counter space. The Gulf front master suite has amazing Gulf views , a separate shower and tub and a walk in closet in the bath. The Crescent amenities include two pools, one that is a 4500 sq.ft. lagoon style pool and a smaller one that is heated in the winter, hot tub, game room, fitness center and conference rooms. Great location near shopping, restaurants, grocery stores and all the activities of Destin, Sandestin and 30A. The unit grossed $39,643 in 2013 and has grossed $33,825 in 2014 through the end of Sept

Last Agent to Sell the Property

Janette Klein

Scenic Real Estate License #577416 Listed on: 10/03/2014

Co-Listed By

Hal Mullins

Beachview Realty Group LLC License #3236116

Last Buyer's Agent

Angela Sabatino

Coastal Luxury License #3285648

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,664

Year Built

  • Built in 1998

Lot Details

  • 784

HOA Fees

  • $640 Monthly HOA Fees

Home Design

  • Concrete Siding
  • Steel Siding
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,390 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Woodwork
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

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

Utilities

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

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 33-2S-21-42900-000-0405

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, management, sewer, water, cable TV, trash
  • Crescent At Miramar Beach Subdivision
  • Handicap Modified Features In Community

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Game Room
  • Recreation Room
  • Elevator
  • Community Storage Space

Recreation

  • Beach
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Building Fire Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,664

Year Built

Built in 1998

Lot Details

0

HOA Fees

$640 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EBRG
  • Co List Office Phone: 850-642-2555
  • Subdivision Name: CRESCENT AT MIRAMAR BEACH
  • Directions: Located on the east end of Scenic Gulf Drive, just west of Edgewater.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1998
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Waterfront:Unit Waterfront: Yes
  • Utilities:Underground: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - All, Owner's Closet, Pantry, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Stories: 4
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Woodwork Painted: Yes

Exterior Features

  • View: Gulf
  • Waterfront Features: Unit Waterfront, Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Block, Foundation On Piling, Steel, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Foundation On Piling: 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, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Dumpster, Elevators, Exercise Room, Game Room, Gated Community, Handicap Provisions, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Separate Storage, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 640.11
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Management, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 33-2S-21-42900-000-0405
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3664.34
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2014
Closed on
May 18, 2015
Sold by
Chapman Beth K
Bought by
Kaschak Ronald A and Kaschak Sandra E
Seller's Agent
Janette Klein
Scenic Real Estate
Buyer's Agent
Angela Sabatino
Coastal Luxury
List Price
$577,500
Sold Price
$577,500
Current Estimated Value
$918,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,494
Avg. Annual Appreciation
4.55%
Original Mortgage
$160,000
Outstanding Balance
$121,306
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$797,688

Purchase Details

Closed on
Jun 30, 2001
Sold by
Sierra Rafael A and Sierra Caroline A
Bought by
Chapman James E and Chapman Beth K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
6.5%
Source: Public Records

Range of Values:

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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
Kaschak Ronald A $577,500 None Available
Chapman James E $459,000 Advance Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaschak Ronald A $160,000
Previous Owner Chapman James E $404,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2015 05/18/15 Sold $577,500 0.0% $415 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
10/03/2014 10/03/14 For Sale $577,500 -- $415 / 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 $6,469 $777,914 -- $777,914
2022 $5,634 $622,900 $0 $622,900
2021 $5,484 $593,238 $0 $593,238
2020 $4,904 $491,296 $0 $491,296
2019 $4,783 $481,663 $0 $481,663
2018 $4,709 $472,225 $0 $0
2017 $4,458 $449,832 $0 $449,832
2016 $4,287 $428,412 $0 $0
2015 $4,350 $428,412 $0 $0
2014 $4,113 $408,007 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 715472

Emerald Coast Association of REALTORS®

APN: 33-2S-21-42900-000-0405