Seller's Agent in 2024
Ed Smith
RE/MAX Coastal Properties
(850) 259-0602
65 in this area
133 Total Sales
704 Legion Dr Unit 1-4 Destin, FL 32541
Estimated Value: $1,051,419 - $1,672,000
12
Beds
8
Baths
4,680
Sq Ft
$268/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- Porch
- Woodwork
- Destin Elementary School Rated A-
- Separate Shower in Primary Bathroom
- Breakfast Bar
About This Home
As of April 2024This four-plex is a multi-family residential property consisting of four separate units. One of the unique features of this four-plex is that it comprises four two-story units, each offering three bedrooms and two bathrooms making it an ideal choice for families or individuals seeking spacious living spaces.
The layouts provide ample living space, making it comfortable for larger households or those who appreciate extra room for guests or home offices. Each unit is equipped with two full bathrooms, which adds convenience and versatility to daily living.
The four-plex is subdivided into individual units, ensuring privacy and autonomy for each resident or family. This design allows tenants to enjoy their own private space including ample backyards. Owner has been absentee and all current rents are below market.One unit is on a current lease. Three are month-to-month. Projected gross income based on market rent is $110,000.
All four units have been upgraded with many modern finishes and amenities, such as updated kitchens, contemporary fixtures, and comfortable living areas. Each unit is approximately 1,177 sq. ft. and has three bedrooms and two baths. The first floor features a living room/dining room combination, large kitchen with breakfast bar, one bedroom and a full bath. Two bedrooms, (one is a loft style) and full bath is located on the second level. Each unit has a covered front porch, a small back yard.
This unique property is situated in close proximity to important amenities such as schools, parks, shopping and beaches. The investor may choose the option to live in one unit and rent out the remaining three. Ideal for the investor seeking multiple rental properties as the four-plex affords tremendous advantages in terms of convenience.
Last Agent to Sell the Property
RE/MAX Coastal Properties License #502505 Listed on: 12/04/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,134
Year Built
- Built in 1980 | Remodeled
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 118 x 96
- Back Yard Fenced
Home Design
- Quadruplex
- Wood Siding
- Three Sided Brick Exterior Elevation
Interior Spaces
- 4,680 Sq Ft Home
- 2-Story Property
- Woodwork
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Dining Room
- Exterior Washer Dryer Hookup
Kitchen
- Breakfast Bar
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Painted or Stained Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Full Bathrooms
- Separate Shower in Primary Bathroom
Outdoor Features
- Open Patio
- Porch
Schools
- Destin Elementary And Middle School
- Destin High School
Utilities
- Central Heating and Cooling System
- Air Source Heat Pump
- Multiple Water Heaters
- Phone Available
- Cable TV Available
Community Details
- Skeeter Re/Subdivision Subdivision
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-2335-0000-0120
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 4, 2023
Closed on
Apr 1, 2024
Sold by
Miles Adam G
Bought by
Wongwutthipornchai Niyon and Seubsuk Kantipar
Seller's Agent
Ed Smith
RE/MAX Coastal Properties
Buyer's Agent
Karen Martineau
RE/MAX Coastal Properties
List Price
$1,150,000
Sold Price
$1,125,000
Premium/Discount to List
-$25,000
-2.17%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,105
Avg. Annual Appreciation
7.57%
Original Mortgage
$900,000
Outstanding Balance
$886,604
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$369,501
Purchase Details
Closed on
Mar 24, 2021
Sold by
Miles Adam G
Bought by
Miles Adam G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,618
Interest Rate
2.8%
Mortgage Type
VA
Purchase Details
Listed on
Sep 29, 2014
Closed on
Jan 13, 2015
Sold by
Gatlin Jerry D and Gatlin Susan R
Bought by
Miles Adam G
Seller's Agent
Karen Phillips
The Agency Northwest Florida Beaches
Buyer's Agent
ecn.rets.e2578
ecn.rets.RETS_OFFICE
List Price
$460,000
Sold Price
$460,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%
Original Mortgage
$393,986
Interest Rate
3.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 30, 2010
Sold by
Araguel Jane K
Bought by
Gatlin Jerry D and Gatlin Susan R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.99%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 15, 2004
Sold by
Ball James K
Bought by
Araguel Jane K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.25%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wongwutthipornchai Niyon | $1,125,000 | Osprey Title | |
| Miles Adam G | -- | Accommodation | |
| Miles Adam G | $460,000 | Mcneese Title Llc | |
| Gatlin Jerry D | $320,000 | Mcneese Title Llc | |
| Araguel Jane K | $585,000 | Mcneese Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wongwutthipornchai Niyon | $900,000 | |
| Previous Owner | Miles Adam G | $351,618 | |
| Previous Owner | Miles Adam G | $393,986 | |
| Previous Owner | Gatlin Jerry D | $240,000 | |
| Previous Owner | Araguel Jane K | $468,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/05/2024 04/05/24 | Sold | $1,125,000 | -2.2% | $240 / Sq Ft | |
| 12/21/2023 12/21/23 | Pending | -- | -- | -- | |
| 12/04/2023 12/04/23 | For Sale | $1,150,000 | +150.0% | $246 / Sq Ft | |
| 01/14/2015 01/14/15 | Sold | $460,000 | 0.0% | $98 / Sq Ft | View Prior Sale |
| 09/29/2014 09/29/14 | For Sale | $460,000 | -- | $98 / Sq Ft | |
| 09/26/2014 09/26/14 | Pending | -- | -- | -- |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $5,348 | $724,391 | -- | -- |
| 2023 | $5,348 | $511,763 | $0 | $0 |
| 2022 | $4,851 | $456,044 | $0 | $0 |
| 2021 | $4,473 | $402,254 | $0 | $0 |
| 2020 | $4,209 | $384,130 | $0 | $0 |
| 2019 | $4,047 | $376,547 | $0 | $0 |
| 2018 | $3,047 | $332,065 | $0 | $0 |
| 2017 | $2,209 | $272,642 | $0 | $0 |
| 2016 | $2,907 | $260,541 | $0 | $0 |
| 2015 | $3,225 | $243,424 | $0 | $0 |
| 2014 | $3,226 | $240,560 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ed Smith
-
Karen Martineau
Buyer's Agent in 2024
Karen Martineau
RE/MAX
(850) 420-7200
40 in this area
178 Total Sales
-
Karen Phillips
Seller's Agent in 2015
Karen Phillips
The Agency Northwest Florida Beaches
(850) 598-6440
1 in this area
151 Total Sales
-
e
Buyer's Agent in 2015
ecn.rets.e2578
ecn.rets.RETS_OFFICE
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 937746
APN: 00-2S-22-2335-0000-0120
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