NOT LISTED FOR SALE

Luau at Sandestin 5002 S Sandestin Blvd Unit 6821 Miramar Beach, FL 32550

Miramar Beach Neighborhood

Estimated Value: $586,000 - $704,000

2 Beds
2 Baths
1,204 Sq Ft
$882/mo HOA Fee

Last Sold December 20, 2023

Last sale price $520,000 $432 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,593/month

52 Days on Market

Highlights

  • Marina
  • Boat Dock
  • 24-Hour Security
  • Van R. Butler Elementary School Rated A-
  • Golf Course Community
  • Fishing

About This Home

As of December 2023

This closed in ECAR, and adding to CPAR to register sales only. REO , Welcome to your slice of paradise in the heart of Sandestin, where luxurious coastal living meets income generating potential. This 8th floor lock-off unit offers breathtaking resort view, making it the perfect choice for discerning second-home seekers and savvy investors. Property Highlights: Versatility: This spacious condo boasts the unique flexibility of a lock-off design. You can utilize it as a Studio and a separate 1 bedroom condo, or merge them in to a generous 2-bedroom, 2-bathroom retreat, offering a total of 1204 square feet of living space. Prime Location: Nestled on the beachside of Sandestin, you're only a short 3-minute stroll away from the pristine, sugar-white sands of the Gulf.

Last Agent to Sell the Property

Non Member

NON-MEMBER OFFICE Listed on: 10/15/2023

Last Buyer's Agent

Cynthia Chavira

Own It Real Estate LLC License #3065676

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,844

Year Built

  • Built in 2006

Lot Details

  • 87

HOA Fees

  • $882 Monthly HOA Fees

Home Design

  • Stucco

Interior Spaces

  • 1,204 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include cable TV, electricity, internet, legal/accounting, ground maintenance, recreation facilities, sewer, trash, water
  • High-Rise Condominium
  • Luau Condo Ph Ii Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach
  • Golf Course Community
  • Community Playground
  • Community Spa
  • Fishing
  • Park

Security

  • 24-Hour Security
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,844

Year Built

Built in 2006

Lot Details

0

HOA Fees

$882 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Subdivision Name: Luau Condo Ph II
  • Architectural Style: High Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1204.0
  • Dining Room Type: Bedroom, Dining Room, Living Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Security Features: 24 Hour Security
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 881.5
  • Community Features: Barbecue, Beach, Boat Facilities, Dock, Elevator, Fitness Center, Fishing, Golf, Gated, Marina, Other, Playground, Park, Pool, See Remarks, Short Term Rental Allowed, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Electricity, Internet, Legal/Accounting, Maintenance Grounds, Recreation Facilities, Sewer, Trash, Water

Schools

  • Middle Or Junior School: Emerald Coast

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Annual Amount: 3844.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Van R Butler
  • High School: South Walton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2023
Closed on
Dec 14, 2023
Sold by
Gsmps Mortgage Loan Trust
Bought by
Rgta Real Estate Llc
Seller's Agent
Non Member
NON-MEMBER OFFICE
Buyer's Agent
Cynthia Chavira
Own It Real Estate LLC
List Price
$562,500
Sold Price
$520,000
Premium/Discount to List
-$42,500
-7.56%
Current Estimated Value
$622,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,315
Avg. Annual Appreciation
11.28%

Purchase Details

Closed on
Oct 10, 2023
Sold by
Abn Amro Mtg Grp Inc
Bought by
Gsmps Mortgage Loan Trust

Purchase Details

Closed on
Aug 28, 2023
Sold by
Bordes Lance J and Bordes Elizabeth D
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jun 23, 2006
Sold by
Fahy George E and Fahy Christine S
Bought by
Bordes Lance J and Bordes Elizabeth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
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
Rgta Real Estate Llc $520,000 None Listed On Document
Rgta Real Estate Llc $520,000 None Listed On Document
Gsmps Mortgage Loan Trust $100 None Listed On Document
Citimortgage Inc -- --
Bordes Lance J $683,000 Dba Advance Title
Fahy George E $549,900 Dba Advance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bordes Lance J $512,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $520,000 -7.6% $432 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
10/15/2023 10/15/23 For Sale $562,500 -- $467 / Sq Ft
Source: Central Panhandle 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 $3,844 $467,754 -- $467,754
2023 $3,844 $443,418 -- $443,418
2022 $3,489 $385,581 $0 $385,581
2021 $3,240 $334,748 $0 $334,748
2020 $3,342 $334,748 $0 $334,748
2019 $3,259 $328,186 $0 $328,186
2018 $3,208 $321,757 $0 $0
2017 $3,089 $312,390 $0 $312,390
2016 $2,905 $297,508 $0 $0
2015 $2,753 $283,337 $0 $0
2014 $2,607 $269,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Non Member

    NON-MEMBER OFFICE

  • Cynthia Chavira

    Buyer's Agent in 2023

    Cynthia Chavira

    Own It Real Estate LLC

    (850) 867-0506

    2 in this area

    126 Total Sales

    Cynthia Chavira
    Section Image
See All Agents

About Luau at Sandestin

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 752168

Central Panhandle Association of REALTORS®

APN: 35-2S-21-42600-000-6821

Florida Walton County Miramar Beach 32550 Miramar Beach

5002 S Sandestin Blvd Unit 6821, Miramar Beach, FL

This home is located at 5002 S Sandestin Blvd Unit 6821, Miramar Beach, FL 32550 since 15 October 2023 and is currently estimated at $622,315, approximately $516 per square foot. This property was built in 2006. 5002 S Sandestin Blvd Unit 6821 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.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Nearby Homes