NOT LISTED FOR SALE

Estimated Value: $2,508,497 - $2,855,000

7 Beds
4.5 Baths
3,816 Sq Ft
$711/Sq Ft Est. Value

Sale Details

Date Sold: June 18, 2021

Last sale price $2,500,000 $655 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $16,782 / mo

8 Days on Market

Highlights

  • Beach
  • In Ground Pool
  • Primary Bedroom Suite
  • Van R. Butler Elementary School Rated A-
  • Gulf View
  • Newly Painted Property

About This Home

As of June 2021

Experience this stunning resort-style rental machine ideally located near exclusive gated beach access within the heart of Frangista Beach. 52 Miami Street is 3,816 sq ft, complete with seven bedrooms, four full baths and one half bath. This property is a rental magnate with over $250,000+ in projected annual income and a solid rental history. Notable features include a private elevator accessible to all floors, two car garage, large lagoon style pool with tiki bar and adjoining summer kitchen, multiple master suites, gulf views from the second and third floors as well as ample living space perfectly functioned for entertaining. The layout is extremely open with living spaces outlined on each level of this three story home. The kitchen and living room are ideally located on the second level and feature beautiful granite countertops, gas cooktop, breakfast bar for additional seating, stainless steel appliances as well as a wood look porcelain tile floor that is carried throughout the main living areas. The living room opens to a spacious wrap around balcony that spans the entire width of the home and features convenient spiral staircase access to the rear deck. The third floor master suite is extremely private and features a gulf view, private balcony as well as a large on-suite master bathroom complete with travertine accents and dual vanities. This home is an excellent rental property or second home with close proximity to beach access, walking distance to the beach and to numerous world class restaurants, shopping, Whole Foods and ability to easily jump on Scenic 98 for a bike ride or morning walk.

Last Agent to Sell the Property

Spears Group

Scenic Sotheby's International Realty Listed on: 04/29/2021

Last Buyer's Agent

Amanda Hurd

Hurd Real Estate & Company LLC License #3289269

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,131

Year Built

  • Built in 2006

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x158
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Newly Painted Property
  • Exterior Columns
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,816 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Great Room
  • Dining Area
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Van R Butler 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 32-2S-21-42040-00A-0130

Community Details

Overview

  • Association fees include management, recreational faclty
  • Frangista Beach Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,131

Year Built

Built in 2006

Lot Details

7,841 Sq Ft Lot

HOA Fees

$150 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 50x158
  • Road Surface Type: Paved
  • Subdivision Name: FRANGISTA BEACH
  • Directions: From Scenic Gulf Drive, turn North onto Miami St and the home will be on your right.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2006
  • Remarks Misc:Remarks: Experience this stunning resort-style rental machine ideally located near exclusive gated beach access within the heart of Frangista Beach. 52 Miami Street is 3,816 sq ft, complete with seven bedrooms, four full baths and one half bath. This property is a rental magnate with over $250,000+ in projected annual income and a solid rental history. Notable features include a private elevator accessible to all floors, two car garage, large lagoon style pool with tiki bar and adjoining summer kitchen, multiple master suites, gulf views from the second and third floors as well as ample living space perfectly functioned for entertaining. The layout is extremely open with living spaces outlined on each level of this three story home.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Great Room: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Elevator, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Washer/Dryer Hookup, Wet Bar, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Wet Bar: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Frame, Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Fenced Back Yard, Fenced Privacy, Patio Covered, Patio Open, Pool - In-Ground, Porch, Shower, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage, Oversized
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Pool
  • Association #2 Fee: 1800.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Management, Recreational Faclty

Schools

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

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 32-2S-21-42040-00A-0130
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8131.03
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 17, 2021
Sold by
Bought by
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Amanda Hurd
Hurd Real Estate & Company LLC
List Price
$2,500,000
Sold Price
$2,500,000
Current Estimated Value
$2,711,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,624
Avg. Annual Appreciation
1.60%
Original Mortgage
$2,125,000
Outstanding Balance
$1,885,797
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$825,827

Purchase Details

Listed on
May 31, 2019
Closed on
Dec 13, 2019
Sold by
Bought by
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Dean Ladick
Keller Williams Realty Destin
List Price
$1,575,000
Sold Price
$1,575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.52%
Original Mortgage
$1,260,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2016
Sold by
Bought by

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
2.57%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 30, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 23, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,500,000 Aqua Title Services
$1,575,000 Aqua Title Services
$559,071 Aqua Title Services
$1,300,000 Aqua Title Services
$800,000 Dune Title Company Llc
$808,700 Dune Title Company Llc
$235,000 First National Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,125,000
Previous Owner $1,260,000
Previous Owner $700,000
Previous Owner $640,000
Previous Owner $900,000
Previous Owner $250,000
Previous Owner $1,000,000
Previous Owner $211,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2021 06/18/21 Sold $2,500,000 0.0% $655 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $2,500,000 +58.7% $655 / Sq Ft
12/13/2019 12/13/19 Sold $1,575,000 0.0% $413 / Sq Ft View Prior Sale
11/05/2019 11/05/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $1,575,000 -- $413 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $22,285 $2,466,301 $790,625 $1,675,676
2024 $18,879 $2,646,004 $790,625 $1,855,379
2023 $18,879 $2,077,722 $930,000 $1,147,722
2022 $17,732 $1,913,409 $535,464 $1,377,945
2021 $13,623 $1,482,029 $299,169 $1,182,860
2020 $12,110 $1,213,180 $273,702 $939,478
2019 $10,869 $1,193,909 $263,175 $930,734
2018 $10,035 $1,107,335 $0 $0
2017 $8,131 $820,380 $203,926 $616,454
2016 $7,871 $799,287 $0 $0
2015 $7,426 $755,797 $0 $0
2014 $6,584 $638,669 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 870554

Emerald Coast Association of REALTORS®

APN: 32-2S-21-42040-00A-0130

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