NOT LISTED FOR SALE

83 Cobia St Destin, FL 32541

Estimated Value: $1,821,000 - $2,016,000

5 Beds
5.5 Baths
3,120 Sq Ft
$607/Sq Ft Est. Value

Last Sold January 04, 2017

Last sale price $853,750 $274 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $11,302/month

32 Days on Market

Highlights

  • In Ground Pool
  • Gulf View
  • Main Floor Primary Bedroom
  • Destin Elementary School Rated A-
  • Craftsman Architecture
  • Bonus Room

About This Home

As of January 2017

Welcome home to Casa Blue, an investor's dream, a perfect primary or second home, and/or a fantastic family vacation getaway. This strategically built Craftsman style home located in the heart of Destin just one short block from the beach, is being sold fully furnished and has the potential for multiple uses. With a proven record as a rental investment, this amazing 5 bedroom, 5.5 bath home is on track to exceed $100,000 in gross rental income for the third year in a row! This home maximizes square footage with an exceptional layout sleeping 18 people comfortably. The property boasts a private pool, an additional 2nd floor master suite and another 2nd floor living space for kids, gaming, and movie time. There is also a gorgeous gulf view from the 3rd floor deck accessible from the spiral staircase. Other extras include granite counters, stainless steel appliances, a screened in porch next to pool area, outdoor shower, and so much more.

Last Agent to Sell the Property

Kelly Hill

Scenic Sotheby's International Realty Listed on: 10/18/2016

Scenic Sotheby's International Realty

Last Buyer's Agent

Sherry Slotter

World Impact Real Estate License #3214948

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,700

Year Built

  • Built in 2014

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Property is Fully Fenced
  • Privacy Fence
  • Interior Lot
  • Level Lot
  • Property is zoned City, Resid Single Family

Home Design

  • Craftsman Architecture
  • Exterior Columns
  • Metal Roof
  • Wood Trim
  • Vinyl Trim
  • Cement Board or Planked

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Dining Room
  • Bonus Room
  • Laminate Flooring
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower
  • Gunite Pool

Outdoor Features

  • Balcony
  • Built-In Barbecue
  • Porch

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Central Heating and Cooling System
  • High Efficiency Heating System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Crystal Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0580-0024-0190

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,700

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 50 X 150
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: CRYSTAL BEACH
  • Directions: From Highway 98 and Crystal Beach Drive, in Destin, head south on Crystal Beach Drive, then left on Luke Ave, and right on Cobia Street. The home will be down on the left. Look for the Big Blue House!!!
  • Architectural Style: Craftsman Style
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2014
  • Remarks Misc:Remarks: Welcome home to Casa Blue, an investor's dream, a perfect primary or second home, and/or a fantastic family vacation getaway. This strategically built Craftsman style home located in the heart of Destin just one short block from the beach, is being sold fully furnished and has the potential for multiple uses. With a proven record as a rental investment, this amazing 5 bedroom, 5.5 bath home is on track to exceed $100,000 in gross rental income for the third year in a row! This home maximizes square footage with an exceptional layout sleeping 18 people comfortably. The property boasts a private pool, an additional 2nd floor master suite and another 2nd floor living space for kids, gaming, and movie time. There is also a gorgeous gulf view from the 3rd floor deck accessible from
  • Utilities Electric: Yes
  • 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
  • Waterview:Gulf2: Yes
  • Energy:Heat High Efficiency: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Bonus Room: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Beamed, Ceiling Crwn Molding, Floor Laminate, Furnished - All, Kitchen Island, Owner's Closet, Pantry, Washer/Dryer Hookup, Window Treatment All
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Floor Laminate: Yes
  • Interior:Ceiling Beamed: Yes

Exterior Features

  • Lot Features: Interior, Level, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd, Slab, Trim Vinyl, Trim Wood
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Fenced Lot-All, Fenced Privacy, Pool - Gunite Concrt, Pool - In-Ground, Porch, Shower
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • Lot Features:Survey Available: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Fenced Lot-All: Yes
  • Exterior:Pool - Gunite Concrt: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • Parking Features:Other3: Yes

Utilities

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 00-2S-22-0580-0024-0190
  • Zoning: City, Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6700.2
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2022
Sold by
Lewis Shawn A and Lewis Michele A
Bought by
Semeraro William
Current Estimated Value
$1,894,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Outstanding Balance
$1,529,455
Interest Rate
2.38%
Mortgage Type
New Conventional
Estimated Equity
$365,056

Purchase Details

Listed on
Oct 18, 2016
Closed on
Jan 4, 2017
Sold by
Buslow Joseph T and Buslow Louise M
Bought by
Lewis Shawn A and Lewis Michele A
Seller's Agent
Kelly Hill
Scenic Sotheby's International Realty
Buyer's Agent
Sherry Slotter
World Impact Real Estate
List Price
$853,750
Sold Price
$853,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$417,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2013
Sold by
Campbell Carrie Ann
Bought by
Buslow Joseph T and Buslow Louise M

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
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 10, 2012
Sold by
Campbell Carrie Ann and Campbell Revocable T William A
Bought by
Campbell Carrie Ann

Purchase Details

Closed on
Jun 11, 2002
Sold by
Campbell William A
Bought by
Campbell William A and Campbell Revocable T William A
Source: Public Records
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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
Semeraro William $2,100,000 Championship Title
Lewis Shawn A $853,800 Attorney
Buslow Joseph T $198,000 H & S Title & Escrow Inc
Campbell Carrie Ann -- None Available
Campbell William A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Semeraro William $1,680,000
Previous Owner Lewis Shawn A $417,000
Previous Owner Buslow Joseph T $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2017 01/04/17 Sold $853,750 0.0% $274 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
10/18/2016 10/18/16 For Sale $853,750 -- $274 / 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
2025 $17,927 $1,513,636 $566,284 $947,352
2024 $18,803 $1,569,311 $549,791 $1,019,520
2023 $18,803 $1,573,997 $513,822 $1,060,175
2022 $13,559 $1,408,389 $467,111 $941,278
2021 $9,945 $800,872 $321,300 $479,572
2020 $9,139 $730,444 $306,000 $424,444
2019 $8,776 $703,205 $306,000 $397,205
2018 $7,966 $620,390 $0 $0
2017 $7,723 $590,959 $0 $0
2016 $7,164 $557,932 $0 $0
2015 $6,700 $514,778 $0 $0
2014 $2,012 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 762749

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0580-0024-0190