NOT LISTED FOR SALE

55 Shelley's Way Miramar Beach, FL 32550

Estimated Value: $2,453,000

0.26 Acre
$9,434,615 Price per Acre
11,326 Sq Ft Lot

Last Sold February 24, 2020

Last sale price $162,500

Est. 1,410% increase in value since last sale

Current estimated payment $13,392/month

80 Days on Market

Highlights

  • Gated Community
  • 0.26 Acre Lot
  • Community Pool
  • Van R. Butler Elementary School Rated A-
  • Wooded Lot

About This Lot

As of February 2020

This .26 acre lot in desirable Frangista Beach is ready to hold your dream home! Nestled half a mile north of our emerald shores in a quite, gated community, the location of this lot is hard to beat! This is one of the larger lot's with room for a pool! You're just minutes from the shopping, dining, and entertainment of both Destin and Sandestin, and within walking distance to the beach. Frangista Beach features pavered roads, gated-access, and a clubhouse and pool. This is a great opportunity to build in a coveted location!

Last Agent to Sell the Property

Brad Smith

Compass License #495268 Listed on: 11/06/2019

Compass

Last Buyer's Agent

Karen Martineau

RE/MAX Coastal Properties License #3096846

RE/MAX Coastal Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $731

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 42x204x150x113
  • Irregular Lot
  • Wooded Lot

HOA Fees

  • $142 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 29-2S-21-42060-00A-0310

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, recreational faclty
  • Frangista Beach Subdivision
  • The community has rules related to covenants

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$731

Lot Details

0

HOA Fees

$142 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.26
  • Lot Size: 42x204x150x113
  • Subdivision Name: FRANGISTA BEACH
  • Directions: From Hwy 98, turn south on Holiday Rd, and then left on Scenic Gulf Drive. Take the second road on your left, Miami St. Take your 4th left onto W. Palm Beach St. Then right onto Charlotte Ave. Take the 3rd right onto Mobile St. Take 1st left onto Lakeland Dr. Shelley's Way is a the 1st and 2nd left. Vacant lot is to the west (left) of new construction home on 61 Shelley's Way.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Covenants, Irregular, Wooded
  • Lot Features:Wooded: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Irregular: Yes

Utilities

  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Gated Community, Pool
  • Association #2 Fee: 425.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Legal, Recreational Faclty

Schools

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

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel #: 29-2S-21-42060-00A-0310
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 730.74
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Feb 14, 2020
Sold by
Wilco Realty Llc
Bought by
Broussard Kayla M and Broussard Grant
Seller's Agent
Brad Smith
Compass
Buyer's Agent
Karen Martineau
RE/MAX Coastal Properties
List Price
$162,500
Sold Price
$162,500
Current Estimated Value
$2,453,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,290,500
Avg. Annual Appreciation
61.95%

Purchase Details

Closed on
Jul 2, 2018
Sold by
Cdr Properties Llc
Bought by
Vilco Realty Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Broussard Kayla M $162,500 Emerald Coast Title Svcs Llc
Vilco Realty Llc $124,000 Shoreline Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2022 08/17/22 Off Market $162,500 -- --
02/24/2020 02/24/20 Sold $162,500 0.0% --
01/25/2020 01/25/20 Pending -- -- --
11/06/2019 11/06/19 For Sale $162,500 -- --
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 $2,928 $495,000 $495,000 --
2023 $2,928 $170,233 $0 $0
2022 $1,510 $172,108 $172,108 $0
2021 $1,362 $140,688 $140,688 $0
2020 $1,168 $117,010 $117,010 $0
2019 $1,117 $112,510 $112,510 $0
2018 $731 $89,796 $0 $0
2017 $691 $87,180 $87,180 $0
2016 $638 $79,835 $0 $0
2015 $624 $78,540 $0 $0
2014 $577 $71,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brad Smith

    Compass

    (850) 598-6771

    73 in this area

    107 Total Sales

    Brad Smith
    Section Image
  • Karen Martineau

    Buyer's Agent in 2020

    Karen Martineau

    RE/MAX Coastal Properties

    (850) 420-7200

    27 in this area

    179 Total Sales

    Karen Martineau
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 834800

Emerald Coast Association of REALTORS®

APN: 29-2S-21-42060-00A-0310

Florida Walton County Miramar Beach 32550

55 Shelley's Way, Miramar Beach, FL

This home is located at 55 Shelley's Way, Miramar Beach, FL 32550 since 06 November 2019 and is currently estimated at $2,453,000. 55 Shelley's Way is a home located in Walton County with nearby schools including Van R. Butler Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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