Seller's Agent in 2023
Jacob Eastland
Eastland Real Estate
(850) 246-8653
3 in this area
78 Total Sales
512 Defuniak St Santa Rosa Beach, FL 32459
Grayton Beach NeighborhoodEstimated Value: $5,276,000 - $5,668,000
8
Beds
8.5
Baths
4,812
Sq Ft
$1,141/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- Gulf View
- Wood Flooring
- Dune Lakes Elementary School Rated A-
- Beach House
- Outdoor Kitchen
About This Home
As of August 2023Welcome to Grayton Beach's newest luxury home—512 Defuniak St. Located just steps from the world famous Red Bar, the local favorite Chiringo and the sun kissed shoreline, this home is a dream coastal retreat. The home is projected to produce $504,800 in rental income, making for an excellent rental investment. Step inside and be greeted by a stunning open floorpan that exudes modern luxury and custom design. Amazing windows throughout flood the home with sunlight and gulf views. 8 bedrooms, each with ensuite bath plus a powder room means you'll always have plenty of room for all of your guests.
On the ground floor, the game room seamlessly flows into an inviting outdoor kitchen and fireplace lounge area that overlooks the pool and spa—sure to be a focal point of all outdoor festivities. Sit by the fire and watch football while the kids splash in the heated pool! Every aspect of this property was intended to suspend the boundaries between indoor and outdoor living. Made for entertainment, this bottom level includes a huge wet bar with ice machine, pool table and den. Climb the staircase or take the elevator to one of the three massive upper decks in the evening to capture those amazing 30a sunsets and views of the gulf.
Superlative craftsmanship is illustrated throughout utilizing premium materials including white oak hardwood floors and designer tile. The spacious chef's kitchen includes custom cabinetry, GE Monogram appliances and built in full size refrigerator & freezer which would please even the most discerning home chef. This home has been custom-designed to harmoniously blend with the charming old Grayton aesthetic while still providing all the comforts that only new construction can provide.
Don't miss the chance to own this extraordinary Grayton Beach beauty!
Last Agent to Sell the Property
Eastland Real Estate License #3315531 Listed on: 08/01/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,082
Year Built
- Built in 2023
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50 x 140
- Back Yard Fenced
Home Design
- Beach House
- Metal Roof
- Cement Board or Planked
Interior Spaces
- 4,812 Sq Ft Home
- 3-Story Property
- Elevator
- Furnished
- Recessed Lighting
- Fireplace
- Double Pane Windows
- Window Treatments
- Living Room
- Dining Area
- Bonus Room
- Gulf Views
- Fire and Smoke Detector
- Dryer
Kitchen
- Gas Oven or Range
- Stove
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Shower Only
Pool
- Heated In Ground Pool
- Spa
- Outdoor Shower
Outdoor Features
- Balcony
- Covered Patio or Porch
- Outdoor Kitchen
- Built-In Barbecue
Schools
- Dune Lakes Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Multiple cooling system units
- Central Air
- Tankless Water Heater
- Multiple Water Heaters
- Cable TV Available
Community Details
- Grayton Beach Subdivision
Listing and Financial Details
- Assessor Parcel Number 08-3S-19-25030-002-0140
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2023
Closed on
Aug 31, 2023
Sold by
Jordan Shane
Bought by
512 Defuniak Street Llc
Seller's Agent
Jacob Eastland
Eastland Real Estate
Buyer's Agent
Mandy Cooper
Scenic Sotheby's International Realty
List Price
$5,900,000
Sold Price
$5,500,000
Premium/Discount to List
-$400,000
-6.78%
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,519
Avg. Annual Appreciation
-0.09%
Purchase Details
Closed on
Nov 24, 2020
Sold by
Tucker R Tex
Bought by
Shane Jordan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 17, 2005
Sold by
Cobb George Elton
Bought by
Cobb Susan Joseph
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 512 Defuniak Street Llc | $5,500,000 | Beach Land And Title | |
| 512 Defuniak Street Llc | $5,500,000 | Beach Land And Title | |
| Shane Jordan | $1,250,000 | Attorney | |
| Cobb Susan Joseph | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Shane Jordan | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $5,500,000 | -6.8% | $1,143 / Sq Ft |
| 08/14/2023 08/14/23 | Pending | -- | -- | -- |
| 08/01/2023 08/01/23 | For Sale | $5,900,000 | -- | $1,226 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $5,746 | $4,496,177 | $1,800,000 | $2,696,177 |
| 2023 | $5,746 | $700,000 | $700,000 | -- |
| 2022 | $14,082 | $1,801,988 | $777,000 | $1,024,988 |
| 2021 | $11,139 | $1,150,760 | $526,948 | $623,812 |
| 2020 | $6,386 | $660,217 | $438,265 | $221,952 |
| 2019 | $5,897 | $624,509 | $425,500 | $199,009 |
| 2018 | $5,460 | $582,817 | $0 | $0 |
| 2017 | $5,057 | $553,114 | $0 | $0 |
| 2016 | $4,592 | $492,698 | $0 | $0 |
| 2015 | $4,359 | $469,220 | $0 | $0 |
| 2014 | $3,749 | $376,322 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jacob Eastland
-
Mandy Cooper
M
Buyer's Agent in 2023
Mandy Cooper
Scenic Sotheby's International Realty
(850) 685-1021
2 in this area
84 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 928899
APN: 08-3S-19-25030-002-0140
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