NOT LISTED FOR SALE

56 Blue Crab Loop E Panama City Beach, FL 32413

Seacrest Beach Neighborhood

Estimated Value: $1,281,660 - $1,636,000

5 Beds
3 Baths
2,240 Sq Ft
$658/Sq Ft Est. Value

Last Sold August 19, 2014

Last sale price $649,000 $290 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $8,642/month

8 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Furnished
  • Dune Lakes Elementary School Rated A-
  • Beach House
  • Community Pool

About This Home

As of August 2014

With an amazing location directly on the incredible 12,000 square foot lagoon pool at Seacrest Beach, it is no wonder this rare, five-bedroom home is projected to gross $62K in annual rental income according to a local vacation rental company. This beautifully maintained home has never been on a vacation rental program and will convey to its new owner in great condition, ready to be enjoyed as a vacation home, second home, or full-time residence. With a spacious layout that features not one, but two bedrooms conveniently located on the first floor, and a special pool front location, this home presents a truly unique opportunity to own within one of the most popular communities along Scenic Highway 30A. Nestled between Rosemary Beach and Alys Beach on the popular east end of 30A, a multitude of fantastic dining options, regular events that include a farmer's market at Rosemary Beach, and seasonal events including Digital Graffiti at Alys Beach, can be enjoyed. Spacious living and dining room areas overlook green space surrounding the pool beyond a spacious covered porch. Upstairs, the master suite shares the same view from its private covered balcony. Spanning the width of the home, the master suite features its own sitting area and private bath with garden tub and separate glass enclosed shower. Two additional guest bedrooms on the second floor share access to an additional covered balcony. The home offers an ample parking pad. Seacrest Beach features deeded beach access through nearby Sunset Beach as well as convenient tram service.

Last Agent to Sell the Property

Andy & Christina Meinen

Scenic Sotheby's International Realty Brokerage Phone: 850-974-9704 Listed on: 07/08/2014

Scenic Sotheby's International Realty

Last Buyer's Agent

Jim Dixon

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,220

Year Built

  • Built in 2000

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 35 x 90
  • Property fronts a private road

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Deeded Parking

Home Design

  • Beach House
  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Window Treatments
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Cooktop
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Air
  • Private Company Owned Well
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 26-3S-18-16020-00O-0100

Community Details

Overview

  • Association fees include accounting, ground keeping, management, recreational faclty
  • Seacrest Beach Ph 3 Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Beach
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,220

Year Built

Built in 2000

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Lot Size: 35 x 90
  • Road Frontage Type: Private Road
  • Subdivision Name: SEACREST BEACH PH 3
  • Directions: Turn north from CR 30A into Seacrest Beach. Turn left at stop sign onto Seacrest Beach Blvd. W. Turn right at stop sign onto Blue Crab Loop. House will be on your right.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2000
  • Attribution Contact: 850-974-9704
  • Remarks Misc:Remarks: With an amazing location directly on the incredible 12,000 square foot lagoon pool at Seacrest Beach, it is no wonder this rare, five-bedroom home is projected to gross $62K in annual rental income according to a local vacation rental company. This beautifully maintained home has never been on a vacation rental program and will convey to its new owner in great condition, ready to be enjoyed as a vacation home, second home, or full-time residence. With a spacious layout that features not one, but two bedrooms conveniently located on the first floor, and a special pool front location, this home presents a truly unique opportunity to own within one of the most popular communities along Scenic Highway 30A.
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Dining Room: Yes
  • Utilities:Private Well: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - All, Window Treatment All
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Construction Type: Frame, Roof Metal, Slab, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Deeded
  • Parking Features:Deeded: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Private Well, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Deed Access, Picnic Area, Playground, Pool
  • Association #2 Fee: 450.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, 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: 2613.6
  • Parcel #: 26-3S-18-16020-00O-0100
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4219.56
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2014
Closed on
Aug 18, 2014
Sold by
Freeman Benjamin W
Bought by
Jarosick Martin A and Jarosick Jennifer
Seller's Agent
Andy & Christina Meinen
Scenic Sotheby's International Realty
Buyer's Agent
Jim Dixon
Berkshire Hathaway HomeServices
List Price
$649,000
Sold Price
$649,000
Current Estimated Value
$1,473,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$824,665
Avg. Annual Appreciation
7.47%
Original Mortgage
$649,000
Outstanding Balance
$488,958
Interest Rate
3.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$984,707

Purchase Details

Closed on
Jan 30, 2002
Sold by
Matthews Dana C and Matthews Patricia M
Bought by
Freeman Benjamin W and Freeman Michelle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
7.14%

Purchase Details

Closed on
Apr 12, 2001
Sold by
North Fla Consulting Inc
Bought by
Matthews Dana C and Matthews Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
7.01%
Source: Public Records
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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
Jarosick Martin A $649,000 Attorney
Freeman Benjamin W $470,000 Destin Land & Title Inc
Matthews Dana C $415,000 Destin Land & Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jarosick Martin A $649,000
Previous Owner Freeman Benjamin W $370,000
Previous Owner Matthews Dana C $373,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2014 08/19/14 Sold $649,000 0.0% $290 / Sq Ft
07/16/2014 07/16/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $649,000 -- $290 / 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
2025 $9,529 $1,133,117 $516,000 $617,117
2024 $9,478 $1,233,685 $473,000 $760,685
2023 $9,478 $813,702 $0 $0
2022 $8,605 $1,138,724 $454,671 $684,053
2021 $7,114 $798,828 $361,529 $437,299
2020 $6,103 $611,346 $240,548 $370,798
2019 $5,933 $597,393 $233,542 $363,851
2018 $5,798 $581,458 $0 $0
2017 $5,642 $573,358 $220,334 $353,024
2016 $5,139 $513,529 $0 $0
2015 $4,835 $475,673 $0 $0
2014 $4,613 $447,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Andy & Christina Meinen

    Scenic Sotheby's International Realty

    (850) 419-4777

    7 in this area

    125 Total Sales

    Andy & Christina Meinen
    Section Image

  • J

    Buyer's Agent in 2014

    Jim Dixon

    Berkshire Hathaway HomeServices

  • e

    Buyer's Agent in 2014

    ecn.rets.e9612

    ecn.rets.RETS_OFFICE

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 708540

Emerald Coast Association of REALTORS®

APN: 26-3S-18-16020-00O-0100

Florida Walton County Panama City Beach 32413 Seacrest Beach

56 Blue Crab Loop E, Panama City Beach, FL

Not Listed for Sale

Detached

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