NOT LISTED FOR SALE

73 Shirah St Unit 206 Destin, FL 32541

Estimated Value: $443,392 - $616,000

1 Bed
1 Bath
755 Sq Ft
$525/mo HOA Fee

Last Sold May 13, 2022

Last sale price $480,000 $636 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,533/month

10 Days on Market

Highlights

  • Gulf View
  • Furnished
  • Balcony
  • Destin Elementary School Rated A-
  • Community Pool
  • Covered Deck

About This Home

As of May 2022

Here's a gem in Caribbean Dunes located in much sought after beach area of Crystal Beach, in the heart of Destin, steps from the sand. Well maintained end unit has views of the gulf and is a fully furnished Turn Key rental. Plenty of bookings already in place about $45k already on the books for 2022. Low Density building with only two floors and 12 units in this building, a community pool, hot tub, and clubhouse, two public beach accesses, including The Shore at Crystal Beach Park offering beach pavilion, bath house, lifeguard, and full beach service. Also includes deeded beach access. Rarely do corner units come available. Brand new AC system installed in 2022, custom built headboard in the master, relaxing porch swing/bed on the balcony, crown molding, 9' ceilings, upgraded wifi front door deadbolt for keyless entry by guests and remotely controlled by owner, bunk beds in the hallway, queen sofa bed, and can sleep six total. Recessed lighting, pendulum lights, and under cabinet lighting in the kitchen. Lots of bright natural light due to the extra windows from being a corner unit. Being sold with extra bedding, linens, bath towels, beach towels that guests love that compliment the overall decor. Pool is heated during the winter. Entertainment, shopping and restaurants are all walking distance. Mermaid Pointe is optimized across online marketing platforms to stand out in searches over thousands of Destin rentals and to build/maintain loyal, quality, repeat guest base for higher profit margin direct bookings. Pride of ownership shows in this unit. No detail spared as the owner lived in the unit 2015 -April 2019 as a primary residence, then self managed it April 2019-present. Proactive HOA to protect your investment. Read the VRBO reviews. They say it all; everything guests love about this unique unit. Don't start your short term rental business from scratch! Owner willing to work with buyer she knows will take the same pride in owning Mermaid Point:
"Prior vetted, quality guests (72+) for higher profit margin direct bookings
"Repeat snowbirds to cover off-season costs
And, if possible, web optimization platforms to increase points of contact for potential guests, including:
"The condo's VRBO page that has a "Premier Partner" status
"Facebook Page with 500+ followers
"Google Business Page AND
"Google and iPhone Maps location
Each year, your loyal guest pool will grow! Benefit from this owner's hard work over the last 3 years of creating a great basis of highly satisfied and happy guests who have written in their reviews that they wish to return to this special unit!

Last Agent to Sell the Property

shelia coffee

Berkshire Hathaway HomeServices License #3120377 Listed on: 03/31/2022

Berkshire Hathaway HomeServices

Last Buyer's Agent

Heather Curry

Real Broker LLC License #3394998

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,814

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • 1

HOA Fees

  • $525 Monthly HOA Fees

Home Design

  • Concrete Siding

Interior Spaces

  • 755 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Window Treatments
  • Living Room
  • Dining Area
  • Gulf Views

Kitchen

  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom
  • Cultured Marble Bathroom Countertops

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Covered Deck

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0070-0000-2060

Community Details

Overview

  • Association fees include accounting, master, water, trash
  • 12 Buildings
  • 12 Units
  • Caribbean Dunes Ph 1 Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,814

Year Built

Built in 1997 | Remodeled

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: CARIBBEAN DUNES PH 1
  • Directions: From US Hwy 98 turn South on Hutchinson to Scenic 98, turn right and Caribbean Dunes is on the immediate right with public parking. Turn right on Shirah and right into the complex parking lot. West building
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1997
  • ResoBuildingAreaSource: Appraiser
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Dining Area: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 12
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Furnished - All, Renovated, Window Treatment All
  • Stories: 2
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Concrete
  • Exterior Features: Balcony, Deck Covered
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Pool
  • Association #2 Fee: 525.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Master Association, Water, Trash

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-0070-0000-2060
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 2813.97
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 13, 2022
Sold by
Steele Bauer Jessica and Steele Phillip
Bought by
Weathers Mary-Catherine
Seller's Agent
shelia coffee
Berkshire Hathaway HomeServices
Buyer's Agent
Heather Curry
Real Broker LLC
List Price
$480,000
Sold Price
$480,000
Current Estimated Value
$494,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,598
Avg. Annual Appreciation
0.88%
Original Mortgage
$408,000
Outstanding Balance
$383,574
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$111,024

Purchase Details

Closed on
Jan 3, 2019
Sold by
Bauer Jessica Steele
Bought by
Bauer Jessica Steele and Bauer Phillip Steele

Purchase Details

Listed on
Sep 26, 2015
Closed on
Oct 15, 2015
Sold by
Mccormick Cynthia
Bought by
Steele Jessica N
Seller's Agent
Thomas Williams
Century 21 Blue Marlin Pelican
Buyer's Agent
Sheila Whitehead
Neese Realty Inc
List Price
$191,000
Sold Price
$191,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%

Purchase Details

Listed on
Nov 18, 2014
Closed on
Dec 10, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mccormick Cynthia L
Seller's Agent
Thomas Williams
Century 21 Blue Marlin Pelican
Buyer's Agent
Thomas Williams
Century 21 Blue Marlin Pelican
List Price
$161,500
Sold Price
$161,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.11%

Purchase Details

Listed on
Nov 18, 2014
Closed on
Oct 27, 2014
Sold by
U S Bank National Association
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Thomas Williams
Century 21 Blue Marlin Pelican
Buyer's Agent
Thomas Williams
Century 21 Blue Marlin Pelican
List Price
$161,500
Sold Price
$161,500

Purchase Details

Closed on
Sep 19, 2014
Sold by
Head James Michael
Bought by
Us Bank National Association

Purchase Details

Closed on
Nov 30, 2007
Sold by
Bank Of New York
Bought by
Head James Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,300
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2007
Sold by
Countrywide Home Loans Inc
Bought by
Bank Of New York

Purchase Details

Closed on
Feb 15, 2007
Sold by
Mercurio Martin
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Nov 18, 2004
Sold by
Favre Ford and Favre Otis
Bought by
Mercurio Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2004
Sold by
Wilson Michael G
Bought by
Favre Ford and Favre Otis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Weathers Mary-Catherine $480,000 Nautilus Title & Escrow
Bauer Jessica Steele -- Attorney
Steele Jessica N $191,000 First Intl Title Inc
Mccormick Cynthia L $161,500 Consuegra Title Llc
Federal Home Loan Mortgage Corporation -- Attorney
Us Bank National Association $51,000 None Available
Head James Michael $197,000 North American Title Company
Bank Of New York -- Attorney
Countrywide Home Loans Inc -- Attorney
Mercurio Martin $360,000 Mcneese Title Llc
Favre Ford $220,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weathers Mary-Catherine $408,000
Previous Owner Head James Michael $177,300
Previous Owner Mercurio Martin $288,000
Previous Owner Favre Ford $176,000
Closed Mercurio Martin $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2022 12/22/22 Off Market $480,000 -- --
05/13/2022 05/13/22 Sold $480,000 0.0% $636 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $480,000 +197.2% $636 / Sq Ft
06/23/2019 06/23/19 Off Market $161,500 -- --
06/23/2019 06/23/19 Off Market $191,000 -- --
10/15/2015 10/15/15 Sold $191,000 0.0% $255 / Sq Ft View Prior Sale
10/06/2015 10/06/15 Pending -- -- --
09/26/2015 09/26/15 For Sale $191,000 +18.3% $255 / Sq Ft
12/13/2014 12/13/14 Sold $161,500 0.0% $215 / Sq Ft View Prior Sale
11/20/2014 11/20/14 Pending -- -- --
11/18/2014 11/18/14 For Sale $161,500 -- $215 / 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 $4,725 $395,520 -- $395,520
2023 $4,725 $395,520 $0 $395,520
2022 $3,193 $283,250 $0 $283,250
2021 $2,814 $226,600 $0 $226,600
2020 $1,487 $156,761 $0 $0
2019 $1,465 $206,000 $0 $0
2018 $1,448 $150,380 $0 $0
2017 $1,965 $150,380 $0 $0
2016 $1,920 $147,805 $0 $0
2015 $1,883 $142,140 $0 $0
2014 $1,730 $131,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 894546

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0070-0000-2060