NOT LISTED FOR SALE

Estimated Value: $1,528,000 - $2,179,000

4 Beds
4.5 Baths
2,515 Sq Ft
$733/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $2,000,000 $795 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $11,375/month

3 Days on Market

Highlights

  • Beach
  • Spa
  • Gated Community
  • Dune Lakes Elementary School Rated A-
  • Gulf View
  • Vaulted Ceiling

About This Home

As of March 2022

This stunning newly constructed residence located behind the private gates of Palmeira Villas takes full advantage of the surrounding topography while showcasing the masterfully planned indoor and outdoor living space. Designed by architect Eric Craig and built by the renowned team at Kirby Construction Company, the open floor plan features nearly 2,600 square feet of thoughtfully designed living space. Upon entering the front door, you are greeted with a tasteful color palette with hardwood accents, 12' ceilings, an elevator, and two master suites.

The second level living area is flooded with natural light boasting soaring coffered ceilings and a wet bar. The chef's kitchen encompasses ample cabinet space, an oversized island, a gorgeous backsplash, and a professional appliance suite. A true entertainer's dream, the covered porch features an outdoor kitchen equipped with a gas fireplace, wine, and beer fridge.
The bunk room on the third level provides a set of hand-crafted bunk beds, a built-in arcade system, and a gorgeous en-suite.

The third floor is also home to the formal and intimate main suite. With vaulted ceilings and beautiful accent doors, the main suite provides a true retreat. The accompanying en-suite encompasses a 6' custom jetted-spa, marble tile selections, and a spacious walk-in shower. The third level balcony is the perfect place to enjoy a cup of coffee or sunbathe. End each day on the rooftop terrace and embrace the idyllic Gulf views and famed Emerald Coast sunsets.
Synonymous with relaxation, the private hot tub is bordered by lush vegetation and privacy fence.

With four bedrooms, this residence was created to provide the ultimate retreat for immediate and extended family alike. Palmeira Villas at Seagrove Beach is a boutique gated community residing only 500 feet away from the nearby beach access. The culmination of luxury and exclusiveness affords residents with the epitome of private coastal living while remaining geographically poised near the world-class dining and entertainment venues 30A has to offer. Impressive rental potential coupled with the custom finishes make this a compelling opportunity for both investors and full-time residents. Rental projections, approximate cost to own, and finish list available upon request.

*Please note we've included 3D renderings for a pool. The Seller is willing to provide a $50,000 credit at the time of closing towards an addition of a pool with an acceptable offer.

Last Agent to Sell the Property

Robert Augustine

Corcoran Reverie SRB License #3388166 Listed on: 01/28/2022

Corcoran Reverie SRB

Last Buyer's Agent

Amanda Gaskin

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,091

Year Built

  • Built in 2020

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 40x80
  • Property fronts a private road
  • Partially Fenced Property
  • Interior Lot

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Exterior Columns
  • Frame Construction
  • Slate Roof
  • Steel Siding
  • Wood Trim
  • Stucco
  • Slate

Interior Spaces

  • 2,515 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Tinted Windows
  • Plantation Shutters
  • Great Room
  • Dining Room
  • Gulf Views

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Underground Utilities
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-3S-19-25800-000-0250

Community Details

Overview

  • Association fees include accounting, ground keeping, master, recreational faclty
  • Palmeira Villas At Seagrove Subdivision
  • The community has rules related to covenants

Recreation

  • Beach

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,091

Year Built

Built in 2020

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Lot Size: 40x80
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: PALMEIRA VILLAS AT SEAGROVE
  • Directions: Head east at the intersection of CR 395 S and 30A. Palmeria Villas is about a 1.5 miles on the left, across from One Seagrove.
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2020
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Energy:Storm Windows: Yes
  • Energy:Tinted Windows: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Interior Amenities: Ceiling Crwn Molding, Ceiling Raised, Ceiling Vaulted, Elevator, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Plantation Shutters, Wet Bar, Window Treatment All
  • Window Features: Double Pane Windows, Storm Window(s), Tinted Windows
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Appliances:Freezer: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Wet Bar: Yes
  • Interior:Plantation Shutters: Yes

Exterior Features

  • Lot Features: Covenants, Interior, Restrictions, Survey Available, Within 1/2 Mile to Water
  • View: Gulf
  • Construction Type: Frame, Roof Tile/Slate, Slab, Steel, Stucco, Trim Wood
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Fenced Lot-Part, Fireplace, Hot Tub, Patio Covered, Porch, Shower, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Exterior:Porch: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Shower: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Columns: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Roof TileSlate: Yes
  • Exterior:Fireplace2: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Gated Community
  • Association #2 Fee: 780.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Master Association, Recreational Faclty

Schools

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

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Parcel #: 24-3S-19-25800-000-0250
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7090.91
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Feb 28, 2022
Sold by
Anthony Paparella Jr Donald and An Heather
Bought by
Margo L Krogulski Living Trust and Daniel R Krogulski Living Trus
Seller's Agent
Robert Augustine
Corcoran Reverie SRB
Buyer's Agent
Amanda Gaskin
Coldwell Banker Realty
List Price
$2,000,000
Sold Price
$2,000,000
Current Estimated Value
$1,843,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$156,694
Avg. Annual Appreciation
-2.31%
Original Mortgage
$1,600,000
Outstanding Balance
$1,491,365
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$351,941

Purchase Details

Closed on
May 15, 2017
Sold by
Cunningham Gina
Bought by
Lot 25 Palmeira Llc

Purchase Details

Closed on
Jul 15, 2014
Sold by
Cunningham Marlon
Bought by
Cunningham Gina

Purchase Details

Closed on
May 19, 2009
Sold by
Whitney National Bank
Bought by
Cunningham Marlon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,808
Interest Rate
4.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 23, 2009
Sold by
Jamison Charles
Bought by
Whitney National Bank

Purchase Details

Closed on
Nov 15, 2004
Sold by
Smith Ceil P and Smith Renay M
Bought by
Jamison Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,139
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2004
Sold by
Palmeira Villas At Seagrove Beach Llc
Bought by
Smith Ceil P and Smith Renay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,139
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
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
Margo L Krogulski Living Trust $2,000,000 New Title Company Name
Lot 25 Palmeira Llc $155,000 Mcneese Title Llc
Cunningham Gina -- Attorney
Cunningham Marlon $81,800 Mcneese Title Llc
Whitney National Bank -- Attorney
Jamison Charles $485,800 Southern Escrow & Title Llc
Smith Ceil P $260,000 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margo L Krogulski Living Trust $1,600,000
Previous Owner Paparella Donald Anthony $776,000
Previous Owner Cunningham Marlon $65,808
Previous Owner Jamison Charles $437,139
Previous Owner Smith Ceil P $240,452
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $2,000,000 0.0% $795 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $2,000,000 +105.1% $795 / Sq Ft
03/19/2020 03/19/20 Sold $975,000 0.0% $388 / Sq Ft
02/17/2020 02/17/20 For Sale $975,000 -- $388 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
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 $13,096 $1,361,978 $381,900 $980,078
2023 $13,096 $1,441,266 $402,800 $1,038,466
2022 $9,643 $1,301,984 $210,569 $1,091,415
2021 $7,091 $732,554 $153,480 $579,074
2020 $1,402 $140,415 $140,415 $0
2019 $1,354 $136,325 $136,325 $0
2018 $1,320 $132,355 $0 $0
2017 $1,203 $128,500 $128,500 $0
2016 $1,036 $103,576 $0 $0
2015 -- $96,800 $0 $0
2014 -- $88,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 889664

Emerald Coast Association of REALTORS®

APN: 24-3S-19-25800-000-0250