NOT LISTED FOR SALE

Estimated Value: $1,989,428 - $3,158,000

5 Beds
3 Baths
2,493 Sq Ft
$979/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $1,110,000 $445 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $15,958/month

1 Day on Market

Highlights

  • 100 Feet of Waterfront
  • Newly Remodeled
  • Open Floorplan
  • Water access To Gulf or Ocean
  • Full Gulf or Ocean Views
  • Deck

About This Home

As of October 2012

South Beach Contemporary blends with Old Florida charm! Why would you buy something used when you can buy brand new? This amazing Florida custom-built home sits directly on the beach, offering stunning endless vistas and glorious sunsets. The unique interior design includes a large open area for entertaining, five spacious bedrooms and the coolest bathrooms you can imagine. Porches and sun decks catch the perfect sea breezes and yield views from every room. This is a WOW must see!!

Last Agent to Sell the Property

Kim Spallone

License #3139914 Listed on: 09/20/2012

Last Buyer's Agent

Jackie Kennedy

MICHAEL SAUNDERS & COMPANY License #3015323

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,153

Year Built

  • Built in 2010 | Newly Remodeled

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100.0x167.0
  • 100 Feet of Waterfront
  • Property fronts gulf or ocean
  • Southwest Facing Home
  • Property is zoned RMF-T

Home Design

  • Metal Roof
  • Pile Dwellings

Interior Spaces

  • 2,493 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Full Gulf or Ocean Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Golf Cart Parking

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Vineland Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palm Island Estates Community
  • Palm Island Ests Subdivision

Listing and Financial Details

  • Legal Lot and Block 24 / A
  • Assessor Parcel Number 412031401008

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,153

Year Built

Built in 2010 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Fireplace: No
  • Living Area: 2493
  • Lot Size Acres: 0.28
  • New Construction: Yes
  • Year Built: 2010
  • Building Area Total: 3446
  • Lot Size Sq Ft: 12000
  • Directions to Property: From SR 776 south on Placida Road to right on Panama Blvd. Ferry service to Island, call agent for assistance.
  • Status: Sold
  • Street Direction: N
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: PIE
  • Ratio: Close Price\List Price: 0.80727
  • Price per Sq Ft: 445.25
  • Close to Original List Price Ratio: 0.80727
  • Ratio: Current Price\Building Area Total: 322.11
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2011
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Other
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace, Stilt/On Piling
  • Total Bedrooms: 5
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 501
  • Room Count: 8
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Storage
  • Exterior Features: Balcony, Outdoor Shower, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Gulf/Ocean - Full
  • Water Access: Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 100

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Parking Features: Covered, Golf Cart Parking, Other
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Association Fee Requirement: None

Schools

  • Elementary School: Vineland Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: RMF-T
  • Parcel Number: 412031401008
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line
  • Lot Dimensions: 100.0X167.0
  • Millage Rate: 18.6
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2012-10-31T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 18153
  • Tax Block: A
  • Tax Lot: 24

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Stock Blake Y and Stock Holly L
Bought by
501 N Gulf Llc
Current Estimated Value
$2,440,476

Purchase Details

Listed on
Sep 20, 2012
Closed on
Oct 31, 2012
Sold by
Famularo John M and Famularo Randi
Bought by
Stock Blake Y and Stock Holly L
Seller's Agent
Kim Spallone
Buyer's Agent
Jackie Kennedy
MICHAEL SAUNDERS & COMPANY
List Price
$1,110,000
Sold Price
$1,110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$400,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2006
Sold by
Nomoremed V Llc
Bought by
Famularo John M and Famularo Randl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.44%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 14, 2001
Sold by
Nomoremed V L L C
Bought by
Aldav Ltd Ptnr

Purchase Details

Closed on
Mar 26, 2001
Sold by
Marks Robert F and Marks Katherine L
Bought by
Nomoremed V L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.02%
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
501 N Gulf Llc $100 None Listed On Document
Stock Blake Y $1,110,000 Attorney
Famularo John M $1,000,000 Attorney
Aldav Ltd Ptnr -- --
Nomoremed V L L C $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stock Blake Y $400,000
Previous Owner Famularo John $350,000
Previous Owner Famularo John $500,000
Previous Owner Famularo John M $700,000
Previous Owner Nomoremed V L L C $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $1,110,000 0.0% $445 / Sq Ft
09/22/2012 09/22/12 Pending -- -- --
09/20/2012 09/20/12 For Sale $1,110,000 -- $445 / Sq Ft
Source: Stellar MLS

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 $35,468 $2,139,178 $800,088 $1,339,090
2023 $35,468 $1,795,388 $0 $0
2022 $31,654 $1,879,600 $666,740 $1,212,860
2021 $28,371 $1,483,792 $585,650 $898,142
2020 $26,676 $1,380,959 $495,550 $885,409
2019 $28,142 $1,451,751 $464,466 $987,285
2018 $25,834 $1,387,689 $464,466 $923,223
2017 $25,682 $1,381,257 $464,466 $916,791
2016 $24,809 $1,143,462 $0 $0
2015 $22,290 $1,039,511 $0 $0
2014 $20,248 $945,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D5789155

Stellar MLS

APN: 412031401008