NOT LISTED FOR SALE

Mediterranea 50 Surf Song Ln Unit E-514 Miramar Beach, FL 32550

Estimated Value: $684,000 - $2,305,000

4 Beds
4 Baths
3,788 Sq Ft
$2,825/mo HOA Fee

Last Sold February 28, 2023

Last sale price $2,185,000 $577 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $13,547/month

36 Days on Market

Highlights

  • Beach
  • Gulf View
  • Main Floor Primary Bedroom
  • Van R. Butler Elementary School Rated A-
  • Gated Community
  • Wine Refrigerator

About This Home

As of February 2023

This is a rare opportunity to own an exquisite 4th floor, fully furnished Penthouse in the coveted, gated community of Mediterranea. Elegantly poised along Scenic 98, this unit showcases stunning gulf views from 3 separate balconies. The open floor plan consists of two living areas with a fireplace, a formal dining and causal dining off the kitchen. The four spacious bedrooms are expertly designed with en suite bathrooms. The master suite provides a tranquil setting with a private balcony and spa inspired master bath with a separate shower and soaking tub. A PRIVATE elevator is situated directly across from the 2 assigned parking spaces. Amenities include a resort style pool with lavish landscaping, clubhouse, fitness facility and gated, deeded beach access.

Last Agent to Sell the Property

Tracey Clay

Destin Lifestyles Real Estate License #3017089 Listed on: 12/16/2022

Last Buyer's Agent

Lisa Morgan

Newman Dailey Resort Properties License #680299

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,536

Year Built

  • Built in 2003

Lot Details

  • 1,917

HOA Fees

  • $2,825 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Flat Roof Shape
  • Mirrored Walls
  • Flat Roof with Façade front
  • Concrete Siding
  • Stucco

Interior Spaces

  • 3,788 Sq Ft Home
  • Partially Furnished
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Den
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 30-2S-21-42630-00E-5140

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, management, repairs/maintenance, security, sewer, water, cable TV, trash
  • Mediterranea Subdivision
  • 5-Story Property

Amenities

  • Community Barbecue Grill
  • Community Pavilion
  • Recreation Room
  • Community Storage Space
  • Elevator

Recreation

  • Beach
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,536

Year Built

Built in 2003

Lot Details

0

HOA Fees

$2,825 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: MEDITERRANEA
  • Directions: From 98 turn south on Holiday Road. Turn right on scenic 98 and right on Ellis. Turn right on Surf Song Lane and the gate will be on your right.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2003
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Foyer: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Dining Area: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Den: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Double, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Wine Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Elevator, Fireplace, Fireplace Gas, Floor Tile, Floor WW Carpet, Furnished - Some, Kitchen Island, Walls Mirrored, Washer/Dryer Hookup
  • Stories: 5
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Appliances:Oven Double: Yes
  • Interior:Fireplace: Yes
  • Interior:Walls Mirrored: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Concrete, Roof Flat, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Elevators, Exercise Room, Gated Community, Pavillion/Gazebo, Pets Allowed, Pool, Separate Storage, TV Cable, Whirlpool
  • Association #2 Fee: 8475.29
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Management, Repairs/Maintenance, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 30-2S-21-42630-00E-5140
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Feb 28, 2023
Sold by
Hamilton Sheryl D
Bought by
Jeffrey D Textor Trust
Seller's Agent
Tracey Clay
Destin Lifestyles Real Estate
Buyer's Agent
Lisa Morgan
Newman Dailey Resort Properties
List Price
$2,350,000
Sold Price
$2,185,000
Premium/Discount to List
-$165,000
-7.02%
Views
58
Current Estimated Value
$1,813,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$371,529
Avg. Annual Appreciation
-6.79%
Original Mortgage
$500,000
Outstanding Balance
$483,585
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$1,329,886

Purchase Details

Closed on
Jul 8, 2021
Sold by
Hamilton David Alan and Hamilton Sheryl Diane
Bought by
Hamilton Sheryl D and Sheryl D Hamilton Trust

Purchase Details

Listed on
Sep 23, 2018
Closed on
Jan 14, 2019
Sold by
Nitardy David and Nitardy Elisabeth
Bought by
Hamilton David Alan and Hamilton Sheryl Diane
Seller's Agent
Christoper Lawson
Realty ONE Group Emerald Coast
Buyer's Agent
Tracey Clay
Destin Lifestyles Real Estate
List Price
$1,350,000
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%

Purchase Details

Listed on
Sep 23, 2018
Closed on
Nov 19, 2018
Sold by
Renusch C A and Renusch Mary A
Bought by
Hamilton David Alan and Hamilton Sheryl Diane
Seller's Agent
Christoper Lawson
Realty ONE Group Emerald Coast
Buyer's Agent
Tracey Clay
Destin Lifestyles Real Estate
List Price
$1,350,000
Sold Price
$1,350,000

Purchase Details

Listed on
Dec 19, 2014
Closed on
Jun 27, 2015
Sold by
Hulsman Eric and Hulsman Lori
Bought by
C A Renusch Revocable Trust and Renusch Mary A
Seller's Agent
Susie Kirkland
LPT Realty LLC
Buyer's Agent
Nathan Abbott Team
ResortQuest Real Estate
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%

Purchase Details

Closed on
Sep 27, 2013
Sold by
Baccus Holdings Llc
Bought by
Hulsman Eric and Hulsman Lori

Purchase Details

Closed on
Jul 29, 2013
Sold by
Baccus Holdings Llc
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Jan 28, 2004
Sold by
Apollo Development Enterprises Llc
Bought by
Baccus Holdings 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
Jeffrey D Textor Trust $2,185,000 Shoreline Title
Hamilton Sheryl D -- Accommodation
Hamilton David Alan -- Attorney
Hamilton David Alan $1,350,000 Burke Law And Title Llc
C A Renusch Revocable Trust $1,200,000 Mti Title Ins Agency Inc
Hulsman Eric $205,100 Attorney
Suntrust Mortgage Inc $1,668,300 Attorney
Baccus Holdings Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeffrey D Textor Trust $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2023 02/28/23 Sold $2,185,000 -7.0% $577 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
12/16/2022 12/16/22 For Sale $2,350,000 +74.1% $620 / Sq Ft
05/29/2022 05/29/22 Off Market $1,350,000 -- --
10/14/2020 10/14/20 Off Market $1,200,000 -- --
11/19/2018 11/19/18 Sold $1,350,000 0.0% $356 / Sq Ft View Prior Sale
10/21/2018 10/21/18 Pending -- -- --
09/23/2018 09/23/18 For Sale $1,350,000 +12.5% $356 / Sq Ft
06/27/2015 06/27/15 Sold $1,200,000 0.0% $344 / Sq Ft View Prior Sale
06/03/2015 06/03/15 Pending -- -- --
12/19/2014 12/19/14 For Sale $1,200,000 -- $344 / 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 $14,536 $1,715,254 -- $1,715,254
2023 $14,536 $1,498,065 $0 $0
2022 $13,190 $1,491,525 $0 $1,491,525
2021 $11,984 $1,238,070 $0 $1,238,070
2020 $12,359 $1,238,070 $0 $1,238,070
2019 $12,054 $1,213,789 $0 $1,213,789
2018 $10,849 $1,125,398 $0 $0
2017 $10,557 $1,102,251 $0 $0
2016 $10,432 $1,079,580 $0 $0
2015 $10,974 $1,079,580 $0 $0
2014 $10,239 $993,214 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 913577

Emerald Coast Association of REALTORS®

APN: 30-2S-21-42630-00E-5140