NOT LISTED FOR SALE

5251 Tivoli Dr Unit 5251 Miramar Beach, FL 32550

Estimated Value: $847,000 - $956,000

3 Beds
3 Baths
2,342 Sq Ft
$600/mo HOA Fee

Last Sold February 17, 2017

Last sale price $460,000 $196 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,855/month

8 Days on Market

Highlights

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

About This Home

As of February 2017

RECENTLY RENOVATED AND NEWLY FURNISHED. This 2nd floor condo offers a large floor plan, high cathedral ceilings, open layout, beautiful views of the golf course and is within minutes from the beach. The renovation of this property includes: new bathroom tile, cabinets and faucets, granite countertops throughout kitchen and bathrooms, stainless appliances, frameless shower doors, new furniture, and much more. This property will make a great second home or vacation rental due to it's location and size. The loft is extra large and can hold up to four twin beds. Average 3+ bed. rental in this area is $55,00

Last Agent to Sell the Property

Niki Noblin

The Ketchersid Group LLC License #3032731 Listed on: 12/21/2016

Co-Listed By

Luis Espinel

Southern Luxury Realty License #3289600

Last Buyer's Agent

Mary Fletcher

Resortquest Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,373

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • Property fronts a private road
  • On Golf Course

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Newly Painted Property
  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 2,342 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Recessed Lighting
  • Track Lighting
  • Double Pane Windows
  • Window Treatments
  • Family Room
  • Loft
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Detached Garage
  • Golf Cart Parking

Outdoor Features

  • Deeded access to the beach

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 35-2S-21-42210-000-5251

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, legal, management, master, recreational faclty, security, sewer, water, cable TV, trash
  • Tivoli By The Sea 2 Subdivision

Amenities

  • Picnic Area
  • Game Room

Recreation

  • Marina
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Whirlpool Spa
  • Fishing

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,373

Year Built

Built in 1992 | Remodeled

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EFTS
  • Co List Office Phone: 850-260-0000
  • Subdivision Name: TIVOLI BY THE SEA 2
  • Directions: Turn south into the beach side of Sandestin Resort. Tivoli is located at the first stop sign on your left. The building will be the third building on the left.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1992
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Loft: Yes
  • Rooms:Family Room: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Cathedral, Floor Hardwood, Floor Tile, Furnished - All, Lighting Recessed, Lighting Track, Newly Painted, Owner's Closet, Pantry, Renovated, Window Treatment All
  • Window Features: Double Pane Windows
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Interior:Lighting Track: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Ceiling Cathedral: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Lot Features: Golf Course, Sidewalk
  • Pool Features: Pool Type
  • Construction Type: Roof Tile/Slate, Stucco
  • Exterior Features: Porch Screened
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Porch Screened: Yes
  • Lot Features:Golf Course: Yes
  • Lot Features:Sidewalk: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Golf Cart Open, Other
  • Parking Features:Other3: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Golf Cart Open: Yes

Utilities

  • Cooling: 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, Exercise Room, Fishing, Game Room, Gated Community, Golf, Marina, Picnic Area, Playground, Pool, Tennis, TV Cable, Whirlpool
  • Association #2 Fee: 599.75
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Legal, Management, 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-21-42210-000-5251
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2016
Closed on
Feb 17, 2017
Sold by
Beacon Lighthouse Properties Llc
Bought by
Otwell Michael Lee and Otwell Jenna Letcher
Seller's Agent
Niki Noblin
The Ketchersid Group LLC
Buyer's Agent
Mary Fletcher
Resortquest Real Estate
List Price
$460,000
Sold Price
$460,000
Current Estimated Value
$913,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,900
Avg. Annual Appreciation
8.17%
Original Mortgage
$260,000
Outstanding Balance
$130,992
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$782,908

Purchase Details

Listed on
Aug 31, 2015
Closed on
Oct 16, 2015
Sold by
Moore John W and Moore Barbara S
Bought by
Beacon Lighthouse Properties Llc
Seller's Agent
Jerrett Anderson
Anderson Realty Usa
Buyer's Agent
ecn.rets.e22383
ecn.rets.RETS_OFFICE
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.26%

Purchase Details

Closed on
Oct 10, 2001
Sold by
Feehrer Kelly W and Feehrer Edith P
Bought by
Moore John W and Moore Barbara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Otwell Michael Lee $460,000 None Available
Beacon Lighthouse Properties Llc $350,000 Rodgers Kiefer Title
Moore John W $375,000 Advance Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otwell Michael Lee $260,000
Previous Owner Moore John W $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2017 02/17/17 Sold $460,000 0.0% $196 / Sq Ft
12/29/2016 12/29/16 Pending -- -- --
12/21/2016 12/21/16 For Sale $460,000 +31.4% $196 / Sq Ft
10/10/2015 10/10/15 Sold $350,000 0.0% $149 / Sq Ft View Prior Sale
09/25/2015 09/25/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $350,000 -- $149 / 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 $5,373 $749,003 -- $749,003
2023 $5,373 $452,536 $0 $0
2022 $4,535 $576,156 $0 $576,156
2021 $3,620 $373,996 $0 $373,996
2020 $3,406 $341,203 $0 $341,203
2019 $3,322 $334,517 $0 $334,517
2018 $3,270 $327,961 $0 $0
2017 $3,156 $318,402 $0 $318,402
2016 $3,034 $303,240 $0 $0
2015 $2,357 $247,675 $0 $0
2014 $2,010 $194,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 765612

Emerald Coast Association of REALTORS®

APN: 35-2S-21-42210-000-5251