NOT LISTED FOR SALE

Estimated Value: $278,789 - $333,000

-- Bed
1 Bath
469 Sq Ft
$388/mo HOA Fee

Last Sold December 10, 2021

Last sale price $280,000 $597 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,288/month

8 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Fishing
  • Van R. Butler Elementary School Rated A-
  • Deeded access to the beach
  • Gated Community

About This Home

As of December 2021

Unique layout with kitchen! This 10th floor west facing Luau studio was renovated to include a full kitchen not found in any other Luau studio! Upgraded amenities unique to this studio include keyless entry, a full kitchen with granite countertops, custom cabinetry, stainless steel electric range with a 4 burner cooktop, microwave oven, stainless refrigerator/freezer with automatic icemaker, stainless steel dishwasher and oversized sink, a 46''wall mounted flat screen television, and wall to wall ceramic tile. In keeping with the coastal style, the condo is decorated in a relaxing coastal style which is carried throughout the furnishings and decor. With a king bed, a pull out full sofa bed, and separate living/dining areas, this home can comfortably accommodate a family of four (2 adults/2 children). Floor to ceiling sliding glass doors frame the amazing western sunset views, as well as the panoramic view of the gulf, bay, and tropical saltwater pool. The personal storage cage is located in a private owners room downstairs that is perfect to store all of your beach toys. Luau is located on the south side of Sandestin Golf and Beach Resort with access to the emerald green waters and white sands of the Gulf of Mexico, four golf courses, tennis courts, marina, and miles of walking and biking trails. The Village of Baytowne Wharf is located in this resort, a pedestrian village with upscale restaurants, retail and activities that keep it lively all year round.

Last Agent to Sell the Property

Karen Hartley Fillingim

Scenic Sotheby's International Realty Brokerage Email: karen@scenicsir.com License #474347 Listed on: 11/20/2021

Last Buyer's Agent

Scott Etter

The Premier Property Group Seacrest Office License #3100369

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • Property fronts a private road

HOA Fees

  • $388 Monthly HOA Fees

Parking

  • Attached Garage

Interior Spaces

  • 469 Sq Ft Home
  • Furnished
  • Window Treatments
  • Living Room
  • Tile Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Deeded access to the beach

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 35-2S-21-42600-000-7006

Community Details

Overview

  • Association fees include accounting, insurance, master, sewer, water, cable TV, trash
  • Luau I Subdivision
  • 19-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Golf Course Community
  • Fishing

Security

  • Gated Community
  • Building Fire Alarm
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,320

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$388 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name: LUAU I
  • Directions: Turn South at the main entrance of Sandestin Golf and Beach Resort. Go straight through four way stop and Luau is the next left. Use gate code to enter and drive around the building to back parking area. Luau 1 is the taller of the two buildings.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2006
  • Attribution Contact: karen@scenicsir.com
  • 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
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Fire Alarm/Sprinkler, Microwave, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 1
  • Interior Amenities: Floor Tile, Furnished - All, Renovated, Window Treatment All
  • Stories: 19
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Interior:Floor Tile: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool Type
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • Attached Garage: Yes
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes

Utilities

  • Cooling: 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: BBQ Pit/Grill, Beach, Community Room, Deed Access, Elevators, Exercise Room, Fishing, Gated Community, Golf, Marina, Picnic Area, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 388.37
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Insurance, Master Association, 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-21-42600-000-7006
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1319.82
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2021
Closed on
Dec 9, 2021
Sold by
Zuluaga Luis Felipe and Zuluaga Deborah Phillips
Bought by
Clements David
Seller's Agent
Karen Hartley Fillingim
Scenic Sotheby's International Realty
Buyer's Agent
Scott Etter
The Premier Property Group Seacrest Office
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$317,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,447
Avg. Annual Appreciation
3.30%

Purchase Details

Closed on
Mar 25, 2019
Sold by
Dallman James M
Bought by
Zuluaga Luis Felipe and Zuluaga Deborah Phillips

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,125
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 20, 2006
Sold by
Luau Development Co Llc
Bought by
Dallman James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,920
Interest Rate
6.31%
Mortgage Type
New Conventional
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
Clements David $280,000 Mcneese Title Llc
Zuluaga Luis Felipe $173,500 Nautilus Title & Escrow
Dallman James M $279,900 Dba Advance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zuluaga Luis Felipe $130,125
Previous Owner Dallman James M $212,050
Previous Owner Dallman James M $223,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $280,000 0.0% $597 / Sq Ft
11/28/2021 11/28/21 Pending -- -- --
11/20/2021 11/20/21 For Sale $280,000 -- $597 / 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 $1,759 $198,211 -- $198,211
2023 $1,759 $189,594 $0 $0
2022 $1,597 $172,358 $0 $172,358
2021 $1,320 $136,329 $0 $136,329
2020 $1,361 $136,329 $0 $136,329
2019 $1,327 $133,656 $0 $133,656
2018 $1,307 $131,034 $0 $0
2017 $1,258 $127,216 $0 $127,216
2016 $1,183 $121,157 $0 $0
2015 $1,121 $115,388 $0 $0
2014 $1,062 $109,891 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 886220

Emerald Coast Association of REALTORS®

APN: 35-2S-21-42600-000-7006