NOT LISTED FOR SALE

Luau at Sandestin 5002 S Sandestin Blvd Unit 6221 Miramar Beach, FL 32550

Estimated Value: $515,209 - $695,000

-- Bed
1 Bath
350 Sq Ft
2004 Built

Highlights

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

About This Home

As of October 2021

FULLY FURNISHED WITH ALL UTILITIES INCLUDED!! Available for a 6-month lease. Luau offers an oasis getaway with a heated pool, relaxing waterfall, hot tub, gym, sundeck, and grilling area. Come see what all a Resort Community has to offer. Amenities available with the lease of this home (for a one-time, $150 administrative fee per lease term) are daily kayak, bike and boogie board rentals, daily tennis court time, fitness club access (with spa and steam rooms), access to the resorts four pools, and discounts on golf and beach set-ups. This is in addition to any amenities specific to this property's neighborhood and is an exclusive offering with this listing.

Last Agent to Rent the Property

Erika Bruns

EXP Realty LLC License #3451748 Listed on: 10/14/2021

Co-Listed By

Danya Luby

The Agency Northwest Florida Beaches License #3214297

Last Renter's Agent

Erika Bruns

Keller Williams Realty Destin

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,755

Year Built

  • Built in 2004

Parking

  • Garage

Home Design

  • Studio

Interior Spaces

  • 350 Sq Ft Home
  • Furnished
  • Window Treatments
  • Dining Area
  • Tile Flooring
  • Microwave

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • 6 Month Lease Term
  • Weekly Lease Term
  • Assessor Parcel Number 35-2S-21-42600-000-6221

Community Details

Overview

  • Luau II Subdivision
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Boardwalk
  • Beach
  • Golf Course Community
  • Community Playground
  • Fishing

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,755

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Lease Term: 6+ Months
  • Rental Info Lease Start Date: 2021-11-01

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Co List Office Mls Id: ESDE
  • Co List Office Phone: 850-267-8100
  • Subdivision Name: LUAU II
  • Directions: Take Hwy 98 to Sandestin Golf & Beach Resort. Turn into South (Beachside) entrance. Ask security for further directions.
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 12
  • Year Built: 2004
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Appliances Microwave: Yes
  • Rooms:Dining Area: Yes
  • Lease Terms:_six_ Months: Yes
  • Special Features: None
  • Stories: 12

Interior Features

  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 1
  • Interior Amenities: Floor Tile, Furnished - All, Window Treatment All
  • Interior:Floor Tile: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Lot Features: Interior, Within 1/2 Mile to Water
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Interior: Yes

Garage/Parking

  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Utilities Paid By All Utilities: Owner

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Elevators, Exercise Room, Fishing, Gated Community, Golf, Marina, Playground, Pool, Tennis, Waterfront, Boardwalk

Schools

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

Lot Info

  • Parcel #: 35-2S-21-42600-000-6221
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2012
Sold by
Shahid Cary P
Bought by
Franco Paredes Carlos E and Barragan Maribel
Current Estimated Value
$575,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Outstanding Balance
$15,606
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$559,446

Purchase Details

Closed on
Dec 27, 2006
Sold by
O C Llc
Bought by
Shahid Cary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
7.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 28, 2006
Sold by
Luau Development Co Llc
Bought by
O C Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,920
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Franco Paredes Carlos E $230,000 Attorney
Shahid Cary -- None Available
O C Llc $489,900 Dba Advance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franco Paredes Carlos E $115,000
Previous Owner Shahid Cary $410,000
Previous Owner O C Llc $391,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Rented $1,400 0.0% --
10/27/2021 10/27/21 Under Contract -- -- --
10/14/2021 10/14/21 For Rent $1,400 -- --
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 $3,755 $467,754 -- $467,754
2023 $3,755 $443,418 -- $443,418
2022 $3,407 $385,581 $0 $385,581
2021 $3,093 $319,542 $0 $319,542
2020 $3,190 $319,542 $0 $319,542
2019 $3,111 $313,281 $0 $313,281
2018 $3,063 $307,140 $0 $0
2017 $2,956 $298,195 $0 $298,195
2016 $2,842 $284,000 $0 $0
2015 $2,690 $270,479 $0 $0
2014 $2,545 $257,596 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 883798

Emerald Coast Association of REALTORS®

APN: 35-2S-21-42600-000-6221