NOT LISTED FOR SALE

5429 Terrace Cir Miramar Beach, FL 32550

Estimated Value: $1,210,000 - $1,696,000

3 Beds
3.5 Baths
2,397 Sq Ft
$565/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $1,500,000 $626 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $8,268/month

124 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Fishing
  • Van R. Butler Elementary School Rated A-
  • On Golf Course
  • Gated Community

About This Home

As of February 2022

With its high-end finishes & luxury feel, this 2-story townhome will suit the most discriminating taste. Upon entering, your family, friends, and guests will be awed by the wooden accent wall. The open living area features a cool color palette and hardwood floors. The stainless steel Sub-Zero & Wolf appliances and granite countertops will make the kitchen your favorite place to be. The owners enclosed the screened porch to create a formal dining room that has plenty of natural light & shiplap walls. The first floor also encompasses a second master bedroom and a laundry closet. Once on the second floor, retire to the Master Suite. With a private balcony and custom cabinetry in the large walk-in closet, this spacious oasis is the perfect retreat after a day at the beach or a round of golf. The Master Bathroom features a large soaking tub and separate walk-in shower. With a double vanity and a dressing area, there is more than enough room for everyone to get ready. A second guest bedroom with private bathroom is also nestled on the second floor. Enjoy the convenience of a 2 car garage and large outdoor patio area where you can entertain family and friends. The upstairs A/C was replaced in July 2021.

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, 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

Bruce Fults

The Agency Northwest Florida Beaches License #438106 Listed on: 07/29/2021

Last Buyer's Agent

John Tait

ResortQuest Real Estate Destin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,357

Year Built

  • Built in 1994

Lot Details

  • Property fronts a private road
  • On Golf Course

HOA Fees

  • $543 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,397 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Dining Room
  • Lake Views

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Induction Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period
  • Assessor Parcel Number 35-2S-21-42400-000-5429

Community Details

Overview

  • Association fees include accounting, ground keeping, management, master, security, cable TV, trash
  • Tivoli Terrace 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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,357

Year Built

Built in 1994

Lot Details

0

HOA Fees

$543 per month

Parking

2

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Tivoli Terrace
  • Directions: Enter the Sandestin Golf and Beach Resort through the South Gate. Take a left onto Tivoli Drive Take a right onto Terrace Circle. Veer right onto Tivoli Terrace Circle. Property is on the right.
  • Architectural Style: Townhome
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1994
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - 2 or More: Yes
  • Waterview:Lake2: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Dryer, Freezer, Ice Machine, Microwave, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Furnished - None, Lighting Recessed, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: 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
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:Freezer: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Lot Features: Golf Course, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Lake
  • Construction Type: Roof Shingle/Shake, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Roof ShingleShake: Yes
  • Lot Features:Golf Course: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Dock, Dumpster, Exercise Room, Fishing, Gated Community, Golf, Marina, Minimum Rental Prd, Pets Allowed, Picnic Area, Playground, Pool, Separate Storage, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 542.98
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management, Master Association, Security, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 35-2S-21-42400-000-5429
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5357.36
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Feb 4, 2022
Sold by
Tivoli Terrace Llc
Bought by
Davis John W and Davis Sarah S
Seller's Agent
Bruce Fults
The Agency Northwest Florida Beaches
Buyer's Agent
John Tait
ResortQuest Real Estate Destin
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$1,353,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$146,041
Avg. Annual Appreciation
-2.71%

Purchase Details

Closed on
Jul 31, 2018
Sold by
Meb Properties Llc
Bought by
Tivoli Terrace Llc

Purchase Details

Closed on
Jul 30, 2018
Sold by
Foye Edward J and Foye Amy E
Bought by
Meb Properties Llc

Purchase Details

Closed on
Feb 27, 2004
Sold by
Horizon Land Co Llc
Bought by
Foye Edward J and Foye Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,500
Interest Rate
4.37%

Purchase Details

Closed on
Oct 17, 2003
Sold by
Percinel Ahmet K and Percinel Rebecca L
Bought by
Horizon Land Co Llc
Source: Public Records

Range of Values:

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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
Davis John W $1,500,000 South Walton Law Pa
Tivoli Terrace Llc -- None Available
Meb Properties Llc -- None Available
Foye Edward J $610,000 Dba Advance Title
Horizon Land Co Llc $511,000 Dba Advance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foye Edward J $579,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2022 02/04/22 Sold $1,500,000 0.0% $626 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $1,500,000 -- $626 / 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 $7,234 $713,518 -- --
2023 $7,234 $834,421 $0 $0
2022 $5,440 $586,994 $0 $586,994
2021 $5,411 $559,042 $0 $559,042
2020 $5,581 $559,042 $0 $559,042
2019 $5,443 $548,080 $0 $548,080
2018 $4,610 $462,332 $0 $0
2017 $4,582 $462,332 $0 $462,332
2016 $4,406 $440,320 $0 $0
2015 $4,263 $419,348 $0 $0
2014 $4,323 $419,348 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 878117

Emerald Coast Association of REALTORS®

APN: 35-2S-21-42400-000-5429