NOT LISTED FOR SALE

70 E Milestone Dr Unit C Inlet Beach, FL 32461

Watersound Neighborhood

Estimated Value: $887,709

2 Beds
2 Baths
1,182 Sq Ft
$751/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $865,000 $732 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,946/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Screened Porch
  • Bay Elementary School Rated A-
  • Furnished
  • Community Pool

About This Home

As of January 2024

THIS HOME OFFERS AN ASSUMABLE MORTGAGE AT 3.375% and is a RENTAL MACHINE with gross rentals of $88,000+ YTD for 2023.

Where personal enjoyment and a PRIME investment opportunity perfectly merge together, you'll find ''Docks Orders'' on 30A. Just 3 minutes to the white sandy beaches, this 2-bedroom residence features a thoughtful split floorpan design offering an attached 1-car garage, full-length, screened-in balcony, and fully-furnished, turn-key!

Upon entry into the home, notice the beautiful, open concept, coastal design with 10-foot tray ceilings and hardwood floors throughout. The fully equipped kitchen features quartz countertops that are accented by the on-trend subway tile backsplash, a stainless steel appliance package, gas cooktop, and breakfast bar seating. Perfectly designed for entertaining, you'll enjoy this open space with ample seating, luxurious furnishings and access to the screened-in balcony to watch the most beautiful sunsets. The primary suite features a spacious walk-in closet with dual bathroom vanities and a walk-in shower. The guest suite features a bunk bed with trundle bed and access to the balcony. The guest bath gives access to the main living area for guests' use. This property is in excellent condition. The HVAC unit was just replaced in June & the warranty is transferable. In addition, the 6-seater golf cart has brand new tires and 6 new batteries.

This home comes with a washer and dryer and is fully stocked with all the essentials of the perfect vacation rental. Guests love this home because of these essentials, true coziness and quality furnishings! Prominence is located just 3 minutes to the beach and this home comes with a 6-seater golf cart and multiple bikes for traveling around 30A in style. The community offers 2 resort-style pools, a fitness center, BBQ picnic area at the pool and is across the street from one of the hottest entertainment venues on 30A - The Big Chill. Just across 30A you'll find a fun venue with dining, entertainment for the family daily, incredible drinks and the most amazing shopping! The location of Prominence is great for rentals and guests love it - which means a great investment property for you!

Last Listed By

Carly Sostheim

Corcoran Reverie SRB License #3467605 Listed on: 10/13/2023

Corcoran Reverie SRB

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,521

Year Built

  • Built in 2015

Lot Details

  • 871 Sq Ft Lot
  • Property fronts a county road

HOA Fees

  • $481 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Triplex
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 1,182 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Dining Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Cooktop with Range Hood
  • Microwave
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16201-000-0214

Community Details

Overview

  • Association fees include ground keeping, insurance, management, master, recreational faclty, trash
  • Prominence North Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,521

Year Built

Built in 2015

Lot Details

0

HOA Fees

$481 per month

Parking

1

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: PROMINENCE NORTH
  • Directions: From Hwy 395, turn left onto Hwy 30A and go approximately 3 miles. Prominence North will be on your left across from the Big Chill. Turn into the community and take left at the stop sign onto Milestone Dr, unit will be on your right.
  • Architectural Style: Triplex
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2015
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Ceiling Raised, Floor Hardwood, Floor Tile, Furnished - All, Lighting Recessed, Pantry, Washer/Dryer Hookup
  • Appliances:Cooktop: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Lot Features: Covenants, Curb & Gutter, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd, Slab
  • Exterior Features: Balcony, Porch Screened
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Lot Features:Sidewalk: Yes
  • Lot Features:Curb Gutter: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, Underground

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Dumpster, Exercise Room, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool
  • Association #2 Fee: 1443.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Insurance, Management, Master Association, Recreational Faclty, Trash

Schools

  • Elementary School: Dune Lakes
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 20-3S-18-16201-000-0214
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5520.86
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Jan 18, 2024
Sold by
Markakis Brandy A and Markakis George A
Bought by
Graham Jacqueline B and Lynch Thomas E
Seller's Agent
Carly Sostheim
Corcoran Reverie SRB
Buyer's Agent
Laura Burnsed
Keller Williams Realty SRB
List Price
$839,000
Sold Price
$865,000
Premium/Discount to List
$26,000
3.1%
Total Days on Market
3
Views
16
Current Estimated Value
$887,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,709
Avg. Annual Appreciation
1.95%

Purchase Details

Listed on
Apr 5, 2021
Closed on
May 10, 2021
Sold by
Pennington Deran Lee
Bought by
Markakis George A and Markakis Brandy A
Seller's Agent
John Moran
Keller Williams Realty Destin
Buyer's Agent
Carly Sostheim
Corcoran Reverie SRB
List Price
$689,000
Sold Price
$689,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Original Mortgage
$548,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2019
Closed on
Sep 30, 2019
Sold by
Valas John E and Valas Dorene A
Bought by
Pennington Deran Lee
Seller's Agent
Craig Baranowski
Scenic Sotheby's International Realty
Buyer's Agent
Mike Vogel
Scenic Sotheby's International Realty
List Price
$409,000
Sold Price
$409,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.25%
Original Mortgage
$306,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2015
Sold by
D R Horton Inc
Bought by
Valas John E and Valas Dorene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Range of Values:

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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
Graham Jacqueline B $865,000 Emerald Coast Title
Markakis George A $689,000 Attorney
Pennington Deran Lee $409,000 Shoreline Title Llc
Valas John E $330,300 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Markakis George A $548,250
Previous Owner Pennington Deran Lee $306,750
Previous Owner Valas John E $179,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $865,000 +3.1% $732 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $839,000 +21.8% $710 / Sq Ft
05/10/2021 05/10/21 Sold $689,000 0.0% $583 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $689,000 +68.5% $583 / Sq Ft
09/30/2019 09/30/19 Sold $409,000 0.0% $346 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $409,000 -- $346 / 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 $5,954 $675,037 $260,000 $415,037
2022 $5,954 $595,728 $0 $595,728
2021 $3,604 $390,060 $0 $390,060
2020 $3,221 $322,686 $0 $322,686
2019 $3,052 $307,320 $0 $307,320
2018 $2,908 $291,659 $0 $0
2017 $2,891 $291,659 $0 $291,659
2016 $2,780 $277,770 $0 $0
2015 $170 $16,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 934497

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16201-000-0214