NOT LISTED FOR SALE

Luau at Sandestin 5002 S Sandestin Blvd Unit 7027 Miramar Beach, FL 32550

Miramar Beach Neighborhood

Estimated Value: $371,649 - $633,000

1 Bed
1 Bath
752 Sq Ft
$545/mo HOA Fee

Last Sold November 30, 2021

Last sale price $362,000 $481 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,294/month

72 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Fishing
  • Van R. Butler Elementary School Rated A-
  • Golf Course Community
  • Bay View

About This Home

As of November 2021

All about the views from this unit. It is located in the Phase II building closest to the beach and is on the 10th floor east side of the building. Featuring 752 SF with endless views of the Gulf of Mexico. LUAU's large heated pool which features a swim-under waterfall and a walk-under grotto passageway connecting the pool decks and the heated spa. The entry fountain, barbeque area and swimming pools are located along a stream that winds through the complex's lush landscaping. There is a fitness center in the complex, helping to make Luau a self-contained oasis. The unit is being sold furnished and has 30K in reservations already in place for 2021.The Luau HOA is $417.51 a month and the SOA is $383.93 per quarter.

Last Agent to Sell the Property

John Paulsen

Crye-Leike Coastal Realty Brokerage Email: william.britton@crye-leike.com License #3058487 Listed on: 08/16/2021

Crye-Leike Coastal Realty

Last Buyer's Agent

Cynthia Kennedy

The Agency Northwest Florida Beaches License #3245558

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,182

Year Built

  • Built in 2006

Lot Details

  • 87

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • Attached Garage

Property Views

Home Design

  • Metal Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 752 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35-2S-21-42600-000-7027

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, master, recreational faclty, security, sewer, water, cable TV, trash
  • Luau Ii Subdivision
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator
  • Community Storage Space

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Building Fire Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,182

Year Built

Built in 2006

Lot Details

0

HOA Fees

$545 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: LUAU II
  • Directions: Take Highway 98 to Sandestin Golf and Beach Resort. Enter Sandestin at the South gate. Luau is the construction area on the left after the stop sign
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2006
  • Attribution Contact: william.britton@crye-leike.com
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: 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
  • Waterview:Bay2: Yes
  • Energy:Ceiling Fans: Yes
  • Waterview:Pond2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - All, Owner's Closet, Window Treatment All
  • Stories: 12
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Dock, Elevators, Exercise Room, Fishing, Gated Community, Golf, Marina, Pets Allowed, Picnic Area, Playground, Pool, Separate Storage, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 545.28
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, 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-21-42600-000-7027
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2182.06
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Nov 30, 2021
Sold by
Carvel Randon J
Bought by
Wild Courtney Elizabeth
Seller's Agent
John Paulsen
Crye-Leike Coastal Realty
Buyer's Agent
Cynthia Kennedy
The Agency Northwest Florida Beaches
List Price
$362,000
Sold Price
$362,000
Current Estimated Value
$462,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,412
Avg. Annual Appreciation
6.76%
Original Mortgage
$325,000
Outstanding Balance
$299,292
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$163,120

Purchase Details

Closed on
Jun 28, 2006
Sold by
Luau Development Co Llc
Bought by
Carvel Randon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,175
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Wild Courtney Elizabeth $362,000 Equitrust Title Company
Carvel Randon J $394,900 Dba Advance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wild Courtney Elizabeth $325,000
Previous Owner Carvel Randon J $296,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $362,000 0.0% $481 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $362,000 -- $481 / 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 $2,746 $340,515 -- $340,515
2023 $2,746 $340,515 $0 $340,515
2022 $2,744 $296,100 $0 $296,100
2021 $2,116 $218,591 $0 $218,591
2020 $2,182 $218,591 $0 $218,591
2019 $2,128 $214,305 $0 $214,305
2018 $2,095 $210,101 $0 $0
2017 $2,017 $203,980 $0 $203,980
2016 $1,897 $194,264 $0 $0
2015 $1,798 $185,015 $0 $0
2014 $1,702 $176,201 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Paulsen

    Seller's Agent in 2021

    John Paulsen

    Crye-Leike Coastal Realty

    (850) 496-3637

    58 in this area

    65 Total Sales

    John Paulsen
    Section Image
  • Cynthia Kennedy

    Buyer's Agent in 2021

    Cynthia Kennedy

    The Agency Northwest Florida Beaches

    (850) 585-8033

    84 in this area

    101 Total Sales

    Cynthia Kennedy
    Section Image
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About Luau at Sandestin

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 879589

Emerald Coast Association of REALTORS®

APN: 35-2S-21-42600-000-7027

Florida Walton County Miramar Beach 32550 Miramar Beach

5002 S Sandestin Blvd Unit 7027, Miramar Beach, FL

This home is located at 5002 S Sandestin Blvd Unit 7027, Miramar Beach, FL 32550 since 16 August 2021 and is currently estimated at $462,412, approximately $614 per square foot. This property was built in 2006. 5002 S Sandestin Blvd Unit 7027 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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