NOT LISTED FOR SALE

770 Hwy 98 E Unit 5B Destin, FL 32541

Estimated Value: $997,000 - $1,146,000

4 Beds
3.5 Baths
2,807 Sq Ft
2 Acres

Highlights

  • Marina
  • Boat Dock
  • Spa
  • Destin Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • Gulf View

About This Home

As of March 2018

Must be 12 month minimum lease per Marbella rules & regulations. Harbor front living with Gulf views! Corner unit with wrap around windows - excellent views and natural light! Upgrades include custom tile throughout (except bedrooms), full length kitchen cabinets, granite counter tops, outdoor grill and more! This is the largest floor plan in Marbella and offers a media room but could be a 5th bedroom. Unit features a west facing, cantilevered balcony for extended harbor length views including Norriego Point, Destin Bridge, and the east pass jetties and incredible sunsets.

Last Agent to Rent the Property

Joan Russo

La Florida Coastal Properties License #684974 Listed on: 03/06/2018

Last Renter's Agent

Joan Russo

Legendary Realty Inc

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,157

Year Built

  • Built in 2003

Lot Details

  • Property Fronts a Bay or Harbor

Property Views

  • Gulf
  • Harbor

Home Design

  • Slate Roof
  • Built-Up Roof
  • Concrete Siding
  • Steel Siding
  • Slate

Interior Spaces

  • 2,807 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Tile Flooring
  • Home Security System

Kitchen

  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Guest Parking

Outdoor Features

  • Spa
  • Balcony
  • Covered Deck
  • Open Patio

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2s-22-0703-0000-05b0

Community Details

Recreation

  • Boat Dock
  • Marina
  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector

Additional Features

  • Marbella Subdivision
  • Elevator

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,157

Year Built

Built in 2003

Lot Details

0

Rental Info

  • Rental Info Lease Start Date: 2018-05-15

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Subdivision Name: MARBELLA
  • Directions: One block west of Hwy 98 and Main Street intersection in Destin [across from Burger King, south side of Hwy]
  • Architectural Style: Condominium
  • Building Stories: 1
  • Year Built: 2003
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterfront:Harbor: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterview:Harbor2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Dining Area: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Security System, Smoke Detector, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Floor Tile
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Security System: Yes

Exterior Features

  • View: Harbor, Gulf
  • Waterfront Features: Harbor
  • Waterfront: Yes
  • Construction Type: Concrete, Roof Built-Up, Roof Tile/Slate, Steel
  • Exterior Features: Balcony, Deck Covered, Hot Tub, Patio Open
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Steel: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Hot Tub: Yes
  • ConstructionSiding:Roof Built-Up: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Guest
  • Parking Features:Guest: Yes

Condo/Co-op/Association

  • Community Features: Dock, Elevators, Exercise Room, Gated Community, Marina, Pool, TV Cable

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2s-22-0703-0000-05b0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2011
Sold by
Samberg Iris and Kronfli Paul E
Bought by
Baker Tim Y
Current Estimated Value
$1,072,699

Purchase Details

Closed on
Feb 9, 2007
Sold by
Samburg Iris
Bought by
Samberg Iris and Kronfli Paul E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.07%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 18, 2007
Sold by
Marbella Condominium Developers Llc
Bought by
Samburg Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.07%
Mortgage Type
Negative Amortization
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
Baker Tim Y $435,000 Mcneese Title Llc
Samberg Iris $175,000 Attorney
Samburg Iris $731,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Samburg Iris $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2018 03/17/18 Rented $3,500 0.0% --
03/17/2018 03/17/18 Under Contract -- -- --
03/06/2018 03/06/18 For Rent $3,500 +9.4% --
02/06/2015 02/06/15 Rented $3,200 0.0% --
01/07/2015 01/07/15 Under Contract -- -- --
12/09/2014 12/09/14 For Rent $3,200 -- --
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 $9,157 $800,000 -- $800,000
2023 $9,157 $800,000 $0 $800,000
2022 $8,108 $675,000 $0 $675,000
2021 $7,575 $610,000 $0 $610,000
2020 $7,507 $600,000 $0 $600,000
2019 $7,230 $570,000 $0 $570,000
2018 $6,806 $530,000 $0 $0
2017 $6,848 $524,000 $0 $0
2016 $6,612 $509,000 $0 $0
2015 $6,611 $499,000 $0 $0
2014 $6,370 $475,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 793173

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0703-0000-05B0