NOT LISTED FOR SALE

Waters Edge 590 Santa Rosa Blvd Unit 501 Fort Walton Beach, FL 32548

Estimated Value: $454,156 - $508,000

1 Bed
1 Bath
941 Sq Ft
$468/mo HOA Fee

Last Sold January 10, 2023

Last sale price $425,000 $452 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,389/month

18 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Walk-In Pantry
  • Fort Walton Beach High School Rated A
  • Community Pool
  • Elevator

About This Home

As of January 2023

**Under Contract & Taking Backup offers with kick-out clause** Spectacular view of the gulf AND the sound is to be had from this premier 5th floor Corner Unit condo in the highly sought after Waters Edge Beach Resort. This beautiful one bedroom condo has everything you need to make this a beach vacation home or an investment property. It boosts tile flooring throughout, granite counter top in the kitchen, build in washer/dryer, breakfast bar, large bedroom, and private balcony for you to enjoy the endless sunset views. Waters Edge resort has well kept grounds, covered parking structure, direct beach front,and the largest pools (one heated) on Okaloosa island. Don't miss this opportunity to own on the beach and make $$, come check out this amazing property today!

Last Agent to Sell the Property

Lily Falzone

EXP Realty LLC License #3397211 Listed on: 10/31/2022

EXP Realty LLC

Last Buyer's Agent

Test Test

ECN - Unknown Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,762

Year Built

  • Built in 2002

Lot Details

  • 2

HOA Fees

  • $468 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 941 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Dining Area
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Elliott Point Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 00-2S-24-2180-0000-5010

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, management, recreational faclty, sewer, water, cable TV, trash
  • 106 Buildings
  • 106 Units
  • Waters Edge Subdivision
  • 6-Story Property

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach

Security

  • Building Fire Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,762

Year Built

Built in 2002

Lot Details

0

HOA Fees

$468 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: WATERS EDGE
  • Directions: From HWY 98 heading west, turn right on Santa Rosa Blvd. Waters Edge is about a mile down the street on the Left hand side.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2002
  • 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
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 106
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Ice Machine, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Floor Tile, Lighting Recessed, Owner's Closet, Pantry, Window Treatment All
  • Stories: 6
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Covered
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Covered: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Elevators, Exercise Room, Pool, TV Cable, Waterfront
  • Association #2 Fee: 468.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Management, Recreational Faclty, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Elliott Point
  • High School: Fort Walton Beach
  • Middle Or Junior School: Bruner

Lot Info

  • Parcel #: 00-2S-24-2180-0000-5010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 106

Tax Info

  • Tax Annual Amount: 2761.5
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Jan 10, 2023
Sold by
Pierce Lawrence and Pierce Edith C
Bought by
Dollye Properties Llc
Seller's Agent
Lily Falzone
EXP Realty LLC
Buyer's Agent
Test Test
ECN - Unknown Office
List Price
$469,000
Sold Price
$425,000
Premium/Discount to List
-$44,000
-9.38%
Views
10
Current Estimated Value
$476,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,039
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Oct 17, 2003
Sold by
Pollatos Chris and Pollatos Sotira S
Bought by
Pierce Lawrence and Pierce Edith C

Purchase Details

Closed on
Aug 1, 2003
Sold by
Mvj Of Northwest Florida Inc
Bought by
Pollatos Chris and Pollatos Sotira S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
5.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Dollye Properties Llc $425,000 Vintage Title & Escrow
Pierce Lawrence $245,000 --
Pollatos Chris $220,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peirce Lawrence T $100,000
Previous Owner Pollatos Chris $176,400
Closed Pollatos Chris $22,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Off Market $425,000 -- --
01/10/2023 01/10/23 Sold $425,000 -5.6% $452 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/12/2022 11/12/22 Price Changed $450,000 -4.1% $478 / Sq Ft
10/31/2022 10/31/22 For Sale $469,000 -- $498 / 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 $3,924 $370,000 -- $370,000
2023 $3,924 $370,000 $0 $370,000
2022 $3,008 $230,000 $0 $230,000
2021 $2,877 $220,000 $0 $220,000
2020 $2,516 $200,000 $0 $200,000
2019 $2,239 $165,000 $0 $165,000
2018 $2,163 $155,000 $0 $0
2017 $2,210 $154,000 $0 $0
2016 $2,163 $154,000 $0 $0
2015 $2,232 $154,000 $0 $0
2014 $2,243 $154,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lily Falzone

    EXP Realty LLC

    (850) 292-0105

    27 Total Sales

    Section Image

  • T

    Buyer's Agent in 2023

    Test Test

    ECN - Unknown Office

    (585) 329-5058

    3,506 Total Sales

    Section Image
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About Waters Edge

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 911090

Emerald Coast Association of REALTORS®

APN: 00-2S-24-2180-0000-5010

Florida Okaloosa County Fort Walton Beach 32548

590 Santa Rosa Blvd Unit 501, Fort Walton Beach, FL

This home is located at 590 Santa Rosa Blvd Unit 501, Fort Walton Beach, FL 32548 since 31 October 2022 and is currently estimated at $476,039, approximately $505 per square foot. This property was built in 2002. 590 Santa Rosa Blvd Unit 501 is a home located in Okaloosa County with nearby schools including Elliott Point Elementary School, Max Bruner Junior Middle School, and Fort Walton Beach 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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