NOT LISTED FOR SALE

Luau at Sandestin 5000 S Sandestin Blvd Unit 6505 Miramar Beach, FL 32550

Estimated Value: $313,293 - $334,000

-- Bed
1 Bath
469 Sq Ft
$400/mo HOA Fee

Last Sold March 14, 2022

Last sale price $299,999 $640 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,273/month

9 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Gated Community
  • Van R. Butler Elementary School Rated A-
  • Gulf View
  • Furnished

About This Home

As of March 2022

The perfect chance to own beachside in Sandestin! This Luau condo has been completely remodeled! Beautiful pool and just steps from the beach for the perfect vacation experience! Sandestin is a world class resort with tram service and tons of amenities for the enjoyment of owners and guests alike!

Last Agent to Sell the Property

Ed Smith

RE/MAX Coastal Properties License #502505 Listed on: 01/11/2022

RE/MAX Coastal Properties

Last Buyer's Agent

Scott Etter

The Premier Property Group Seacrest Office License #3100369

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,801

Year Built

  • Built in 2006

Lot Details

  • 131

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Detached Carport Space

Home Design

  • Concrete Siding

Interior Spaces

  • 1 Full Bathroom
  • 469 Sq Ft Home
  • Furnished
  • Window Treatments
  • Living Room
  • Laminate Flooring

Outdoor Features

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 35-2S-21-42600-000-6505

Community Details

Overview

  • Association fees include ground keeping, master, recreational faclty, security, sewer, water, cable TV, trash
  • Luau I Subdivision

Amenities

  • Community Pavilion
  • Elevator

Recreation

  • Beach
  • Golf Course Community

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,801

Year Built

Built in 2006

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: LUAU I
  • Directions: FROM 98 TURN SOUTH INTO SANDESTIN, GO PAST GUARD GATE AND FOLLOW SIGNS.
  • Architectural Style: N/A
  • Carport Y N: Yes
  • New Construction: No
  • Year Built: 2006
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Interior Amenities: Floor Laminate, Furnished - All, Window Treatment All
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf, Unit Waterview Only
  • Construction Type: Concrete
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features: Carport Detached, Covered
  • General Property Info:Garage2: No
  • Parking Features:Covered: Yes
  • Parking Features:Carport Detached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Elevators, Exercise Room, Gated Community, Golf, Marina, Pavillion/Gazebo, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 400.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Master Association, Recreational Faclty, 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 #: 35-2S-21-42600-000-6505
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Mar 14, 2022
Sold by
Gigliotti Alessandro M and Gigliotti Lynette M
Bought by
Clements David and Meaders Alexandra
Seller's Agent
Ed Smith
RE/MAX Coastal Properties
Buyer's Agent
Scott Etter
The Premier Property Group Seacrest Office
List Price
$299,999
Sold Price
$299,999
Current Estimated Value
$323,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,824
Avg. Annual Appreciation
2.17%
Original Mortgage
$239,999
Outstanding Balance
$226,231
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$97,592

Purchase Details

Listed on
Nov 19, 2020
Closed on
Apr 15, 2021
Sold by
Lee James S and Lee Janine T
Bought by
Gigliotti Alessandro and Gigliotti Lynette
Seller's Agent
John Moran
Keller Williams Realty Destin
Buyer's Agent
Ed Smith
RE/MAX Coastal Properties
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.81%

Purchase Details

Closed on
Oct 30, 2006
Sold by
Luau Development Co Llc
Bought by
Lee James S and Lee Janine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Clements David $300,000 Mcneese Title
Gigliotti Alessandro $175,000 Aqua Title Services
Lee James S $370,000 Dba Advance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clements David $239,999
Previous Owner Lee James S $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2022 03/14/22 Sold $299,999 0.0% $640 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $299,999 +71.4% $640 / Sq Ft
04/15/2021 04/15/21 Sold $175,000 0.0% $373 / Sq Ft View Prior Sale
02/27/2021 02/27/21 Pending -- -- --
11/19/2020 11/19/20 For Sale $175,000 -- $373 / 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 $1,801 $219,140 -- $219,140
2023 $1,801 $198,211 $0 $198,211
2022 $1,597 $172,358 $0 $172,358
2021 $1,262 $130,396 $0 $130,396
2020 $1,302 $130,396 $0 $130,396
2019 $1,270 $127,840 $0 $127,840
2018 $1,250 $125,336 $0 $0
2017 $1,203 $121,687 $0 $121,687
2016 $1,132 $115,890 $0 $0
2015 $1,072 $110,370 $0 $0
2014 $1,016 $105,112 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ed Smith

    Seller's Agent in 2022

    Ed Smith

    RE/MAX

    (850) 259-0602

    15 in this area

    136 Total Sales

    Ed Smith
    Section Image

  • S

    Buyer's Agent in 2022

    Scott Etter

    The Premier Property Group Seacrest Office

    (850) 533-6300

    3 in this area

    28 Total Sales

    Scott Etter
    Section Image

  • J

    Seller's Agent in 2021

    John Moran

    Keller Williams Realty Destin

    (850) 654-3325

    103 in this area

    651 Total Sales

    John Moran
    Section Image
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About Luau at Sandestin

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 888820

Emerald Coast Association of REALTORS®

APN: 35-2S-21-42600-000-6505

Florida Walton County Miramar Beach 32550

5000 S Sandestin Blvd Unit 6505, Miramar Beach, FL

This home is located at 5000 S Sandestin Blvd Unit 6505, Miramar Beach, FL 32550 since 11 January 2022 and is currently estimated at $323,823, approximately $690 per square foot. This property was built in 2006. 5000 S Sandestin Blvd Unit 6505 is a home located in Walton County with nearby schools including Van R. Butler Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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