NOT LISTED FOR SALE

8 Martinique Dr Alys Beach, FL 32461

Estimated Value: $794,872 - $973,000

3 Beds
2.5 Baths
1,922 Sq Ft
$453/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $965,000 $502 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $5,206/month

Highlights

  • Beach House
  • Community Pool
  • Porch
  • Dune Lakes Elementary School Rated A-
  • Balcony
  • Double Pane Windows

About This Home

As of April 2022

This charming 3 bedroom 2.5 bath custom built home greets you with a 24 x 7 covered porch and a 2nd floor balcony off the master bedroom. This allows you to enjoy the Florida weather that everyone loves! This home has an outdoor dining area, light and bright coastal chic interior and sits in a prime location! This desirable neighborhood is just across Hwy98 from Rosemary Beach and right next to 30Avenue with a large number of upscale dining and shopping spots. Also, this area is just a quick 20 minute drive to the airport and to top it off, just 1/2 mile from the beach! This neighborhood really does have it all !! This home has a great floor plan with the living, dining and kitchen all on the main level. Upstairs you will find the master bedroom and two more bedrooms.
Short term rentals are allowed and this property has strong rental projections!
Don't miss out on this one!

Last Agent to Sell the Property

James Johnson

Scenic Sotheby's International Realty License #3293506 Listed on: 03/30/2022

Scenic Sotheby's International Realty

Last Buyer's Agent

Andrea Neel

Inlet Beach Real Estate License #3526145

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,074

Year Built

  • Built in 2012

Lot Details

  • Lot Dimensions are 80 x 40
  • Property is zoned Resid Multi-Family

HOA Fees

  • $122 Monthly HOA Fees

Home Design

  • Beach House

Interior Spaces

  • 1,922 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Family Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Balcony
  • Porch

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 25-3S-18-16120-000-0010

Community Details

Overview

  • West Shore Place Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,074

Year Built

Built in 2012

Lot Details

0

HOA Fees

$122 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 80 X 40
  • Subdivision Name: WEST SHORE PLACE
  • Directions: Turn North on to West Shore Drive. Turn Right on to West Shore Place then 1st left on Martinique Dr. Home is 3rd lot on left.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2012
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Dining Room: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Balcony2: Yes
  • Rooms:Family Room: Yes
  • Energy:Heat Pump Wtr to Air: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Features: Pool Type
  • Exterior Features: Porch
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Heating: Heat Pump Wtr to Air
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Pool
  • Association #2 Fee: 365.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 25-3S-18-16120-000-0010
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Apr 28, 2022
Sold by
Ryan Dorsey Joshua and Ryan Claude Marie
Bought by
Grote Shannon and Grote Michael
Seller's Agent
James Johnson
Scenic Sotheby's International Realty
Buyer's Agent
Andrea Neel
Inlet Beach Real Estate
List Price
$965,000
Sold Price
$965,000
Current Estimated Value
$870,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$94,782
Avg. Annual Appreciation
-2.88%
Original Mortgage
$772,000
Outstanding Balance
$732,389
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$137,829

Purchase Details

Closed on
Mar 1, 2016
Bought by
Dorsey Joshua Ryan

Purchase Details

Closed on
Mar 29, 2013
Sold by
Horton Inc
Bought by
Dorsey Joshua Ryan and Gauthier Marie Claude

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.57%
Mortgage Type
New Conventional
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
Grote Shannon $965,000 None Listed On Document
Dorsey Joshua Ryan $100 --
Dorsey Joshua Ryan $235,001 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grote Shannon $772,000
Previous Owner Dorsey Joshua Ryan $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $965,000 0.0% $502 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $965,000 -- $502 / 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 $6,074 $668,473 $75,498 $592,975
2023 $6,074 $668,473 $75,498 $592,975
2022 $2,398 $296,881 $0 $0
2021 $2,426 $288,234 $0 $0
2020 $2,465 $328,956 $67,059 $261,897
2019 $2,388 $277,863 $0 $0
2018 $2,347 $272,682 $0 $0
2017 $2,279 $267,073 $50,743 $216,330
2016 $2,524 $252,259 $0 $0
2015 $2,336 $229,787 $0 $0
2014 $2,194 $212,787 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 894425

Emerald Coast Association of REALTORS®

APN: 25-3S-18-16120-000-0010