NOT LISTED FOR SALE

507 Magnolia Place Miramar Beach, FL 32550

Estimated Value: $607,786 - $768,000

4 Beds
3 Baths
1,615 Sq Ft
$708/mo HOA Fee

Last Sold March 05, 2021

Last sale price $535,000 $331 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,667/month

7 Days on Market

Highlights

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

About This Home

As of March 2021

Right in the alluring presence of Sandestin Golf & Beach Resort is this 4 Bedroom, 3 Bathroom beauty! Completely Renovated and being sold Fully furnished, the changes to this condo have been designed with exquisite taste. As soon as you walk in, a cozy, comfortable, and sun-filled vibe greets you and provokes such a feeling of belonging. This condo has the best of both worlds: the benefits of condo living and the privacy of a free-standing home. Outside is just as charming as inside. The front of the condo features a small patio and locked storage closet and the back features a large patio overlooking the 12th fairway of the Links Golf Course. Located conveniently close to the main access gate. This one-of-a-kind move-in-ready unit is truly amazing. owners enjoy access to the two heated SOA pools: One across from Linkside Village on Audubon Drive and the newly constructed Phil Hummel Aquatic Center centrally located at the Baytowne Ave Traffic Circle.
As an introduction to the Sandestin lifestyle, we invite our new owners to explore amenities that make Sandestin special. The listing brokerage and seller(s) are presenting the buyer(s) of this property with (2) 90-minute rounds of Tennis court time, a golf foursome at one of our three championship courses, and a round of golf for up to four (4) players at the unrivaled Burnt Pine Golf Club.
Sandestin Golf and Beach Resort is a major destination for all seasons and all ages, and has been named the #1 resort on Florida's Emerald Coast. This magical resort spanning over 2,000 acres is comprised of over 70 unique neighborhoods of condominiums, villas, town homes, and estates. The resort features miles of sandy white beaches and pristine bay front, four championship golf courses, a world-class tennis center with 15 courts, 4 resort swimming pools (and 15 private neighborhood pools), a 123-slip marina, a fully equipped and professionally staffed fitness center and spa, meeting spaces and The Village of Baytowne Wharf, a charming pedestrian village with events, shopping, dining, family entertainment and nightlife. For true golf cart community living, Grand Boulevard is just outside the resort gates and provides access to additional shopping, dining and entertainment  all without traveling on Hwy. 98. Come to Play, Stay for Life!

Last Agent to Sell the Property

Amy Berry

The Agency Northwest Florida Beaches License #3113166 Listed on: 01/08/2021

Co-Listed By

Lisa Collier

The Agency Northwest Florida Beaches License #3161918

Last Buyer's Agent

Abbott Martin Group

EXP Realty LLC

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,238

Year Built

  • Built in 1976

Lot Details

  • 0.39

HOA Fees

  • $708 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,615 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Plantation Shutters
  • Family Room
  • Living Room
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Open Patio
  • Porch

Schools

  • Destin Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-2S-21-42040-000-5070

Community Details

Overview

  • Association fees include ground keeping, insurance, master, cable TV, trash
  • Magnolia Village Condo Subdivision

Amenities

  • Picnic Area
  • Community Storage Space

Recreation

  • Boat Dock
  • Marina
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,238

Year Built

Built in 1976

Lot Details

0

HOA Fees

$708 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: ESDE
  • Co List Office Phone: 850-267-8100
  • Subdivision Name: MAGNOLIA VILLAGE CONDO
  • Directions: Turn North from HWY 98 into Sandestin Golf and Beach Resort. Go around the roundabout and go left to Sandestin Bvld W. Magnolia Place is on your left.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1976
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Rooms:Family Room: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Floor Hardwood, Floor Tile, Floor WW Carpet, Furnished - All, Plantation Shutters, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Plantation Shutters: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Frame, Roof Shingle/Shake, Vinyl Siding
  • Exterior Features: Balcony, Patio Open, Porch
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • Exterior:Porch: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Roof ShingleShake: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Dock, Dumpster, Fishing, Gated Community, Golf, Marina, Pets Allowed, Picnic Area, Playground, Pool, Separate Storage, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 707.98
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Insurance, Master Association, Cable TV, Trash

Schools

  • Elementary School: Destin
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 27-2S-21-42040-000-5070
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2238.23
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Mar 5, 2021
Sold by
Real Job Properties Llc
Bought by
Federer Billie J
Seller's Agent
Amy Berry
The Agency Northwest Florida Beaches
Buyer's Agent
Abbott Martin Group
EXP Realty LLC
List Price
$535,000
Sold Price
$535,000
Current Estimated Value
$680,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,197
Avg. Annual Appreciation
5.38%
Original Mortgage
$428,000
Outstanding Balance
$383,672
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$296,525

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 15, 2020
Sold by
Hwlc Inc
Bought by
Real Job Properties Llc
Seller's Agent
Jessica Jones
Scenic Sotheby's International Realty
Buyer's Agent
Amy Berry
The Agency Northwest Florida Beaches
List Price
$420,000
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
200.43%
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
Federer Billie J $535,000 Setco Services Llc
Real Job Properties Llc $420,000 Customers First Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Federer Billie J $428,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $535,000 0.0% $331 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $535,000 +27.4% $331 / Sq Ft
12/15/2020 12/15/20 Sold $420,000 0.0% $260 / Sq Ft
11/07/2020 11/07/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $420,000 -- $260 / 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 $4,237 $466,331 -- $466,331
2023 $4,237 $466,331 $0 $466,331
2022 $3,929 $423,938 $0 $423,938
2021 $2,892 $298,775 $0 $298,775
2020 $2,331 $233,561 $0 $233,561
2019 $2,274 $228,975 $0 $228,975
2018 $2,238 $224,485 $0 $0
2017 $2,160 $217,944 $0 $217,944
2016 $2,308 $230,622 $0 $0
2015 $2,288 $230,622 $0 $0
2014 $2,165 $219,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 862093

Emerald Coast Association of REALTORS®

APN: 27-2S-21-42040-000-5070