J
Seller's Agent in 2018
Julie McGehee
KELLER WILLIAMS REALTY EMERALD COAST-NAVARRE
Carribbean Resort 8477 Gulf Blvd Unit 1601 Navarre, FL 32566
Navarre Beach NeighborhoodEstimated Value: $966,000 - $1,188,000
3
Beds
3
Baths
1,824
Sq Ft
$920/mo
HOA Fee
Highlights
- Beach Front
- Views of a Sound
- Main Floor Primary Bedroom
- Holley-Navarre Intermediate School Rated A-
- Beach
- Furnished
About This Home
As of May 2018Stunning 16th floor East End 2-Corner unit at the Caribbean Resort! 1601 is one of the original developer's units with kitchen and lock-out upgrades including granite counters, stainless appliances, high-end cabinetry and kitchen layout redesign. Unit is direct Gulf-front with 3 bedrooms, 3 baths, tile floors throughout, 9' ceilings, and floor-to-ceiling windows and sliding glass doors with amazing panoramic views of the Gulf, the sound, the island, the bridge and the eastern shoreline. There are 2 tiled balconies, one facing south with glass rails for unobstructed views of the Gulf and the beach, and one facing north with views of the sound, the island, and the bridge to the mainland. Unit is professionally decorated in a British West Indies style and offered fully furnished. See ''MORE'' The spacious master bedroom has a wall of windows overlooking the gulf, sliding glass doors to the Gulf-front balcony, a seating area, a walk-in closet, and a private bath with dual vanities and an oversized jetted tub. The guest bedroom has a walk-in closet and a separate bath. The third "lock-out" bedroom can function as an independent unit with separate entrance, kitchenette, private bath, separate hot water heater and HVAC system, and private balcony. All bedrooms have king sized beds and 42" flat screen TVs with concealed wires. The living room is equipped with a 65" curved screen HDTV. An extensive library of movies is included with multiple viewing devices.
Unit is also equipped with 3 hotel safes, two custom built luggage racks with interior storage, custom chair rails in foyer, and hurricane screens for both front and back balconies. Unit is professionally decorated in a British West Indies style and is offered with all appliances, all furnishings and all accessories except 4 wall racks and personal items.
Conventional financing is available with down payments of 5-15% and loan terms of 10-30 years. Please call for details.
1601cr has been a beloved vacation destination for many, aptly named Tranquility Place. It has an excellent rental history, consistently grossing over $60,000 per year, with 2017 rents topping $67,000. Please call for details.
The Caribbean Resort is a low-density building with only 3 units per floor, accessed via two elevators and tiled walkways surrounding an 18-story atrium. Project amenities include a ramped boardwalk to the beach with seating on a central observation deck, a tiled breezeway and covered lanai area by the pool, a seasonally heated pool and two hot tubs, owners' storage cages on the ground floor off the breezeway, a bike rack, and a grilling and picnic area.
Navarre Beach is a leasehold. The annual land lease fee is $250 PER YEAR. Title will transfer as an Assignment of Lease.
This unit was under contract for about two months. It is Back on the Market due to the buyer's unanticipated illness two days prior to closing.
Last Agent to Sell the Property
Julie McGehee
KELLER WILLIAMS REALTY EMERALD COAST-NAVARRE License #3053648 Listed on: 04/03/2018
Last Buyer's Agent
Julie McGehee
KELLER WILLIAMS REALTY EMERALD COAST-NAVARRE License #3053648 Listed on: 04/03/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,831
Year Built
- Built in 1999
Lot Details
- Beach Front
- Property fronts gulf or ocean
- Leasehold Lot
HOA Fees
- $920 Monthly HOA Fees
Property Views
Home Design
- Flat Roof Shape
- Flat Roof with Façade front
- Membrane Roofing
- Metal Roof
- Concrete Siding
- Steel Siding
- Piling Construction
- Stucco Exterior Insulation and Finish Systems
Interior Spaces
- 1,824 Sq Ft Home
- Furnished
- Built-in Bookshelves
- Ceiling Fan
- Double Pane Windows
- Dining Room
- Tile Flooring
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Oven or Range
- Self-Cleaning Oven
- Induction Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 3 Full Bathrooms
- Cultured Marble Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Lock
- Balcony
Schools
- Holley-Navarre Elementary And Middle School
- Navarre High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Air Source Heat Pump
- Multiple Water Heaters
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 28-2s-26-9099-00000-1601
Community Details
Overview
- Association fees include accounting, ground keeping, insurance, internet service, licenses/permits, management, utilities, security, sewer, water, cable TV, trash
- 54 Buildings
- 54 Units
- Caribbean Resort Subdivision
- 18-Story Property
Amenities
- Community Barbecue Grill
- Picnic Area
- Elevator
- Community Storage Space
Recreation
- Beach
- Community Whirlpool Spa
Pet Policy
- Pets Allowed
Security
- Building Fire Alarm
- Hurricane or Storm Shutters
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 1, 2000
Sold by
T M Team Inc
Bought by
Word David N and Word Jo Lynn
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,400
Interest Rate
8.02%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Word David N | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hagy George D | $428,000 | |
| Closed | Word David N | $260,000 | |
| Closed | Word David N | $354,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2018 05/14/18 | Sold | $535,000 | 0.0% | $293 / Sq Ft |
| 05/14/2018 05/14/18 | Sold | $535,000 | 0.0% | $293 / Sq Ft |
| 04/11/2018 04/11/18 | Pending | -- | -- | -- |
| 04/11/2018 04/11/18 | Pending | -- | -- | -- |
| 04/03/2018 04/03/18 | For Sale | $535,000 | -2.6% | $293 / Sq Ft |
| 01/19/2018 01/19/18 | For Sale | $549,000 | -- | $301 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $8,831 | $850,000 | -- | $850,000 |
| 2023 | $8,831 | $850,000 | $0 | $850,000 |
| 2022 | $7,342 | $625,000 | $0 | $625,000 |
| 2021 | $6,514 | $500,000 | $0 | $500,000 |
| 2020 | $6,261 | $490,000 | $0 | $0 |
| 2019 | $5,571 | $415,000 | $0 | $0 |
| 2018 | $5,596 | $410,000 | $0 | $0 |
| 2017 | $5,460 | $410,000 | $0 | $0 |
| 2016 | $5,176 | $385,000 | $0 | $0 |
| 2015 | $4,684 | $325,000 | $0 | $0 |
| 2014 | $4,763 | $325,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller's Agent in 2018
Julian McGehee
KELLER WILLIAMS REALTY EMERALD COAST-NAVARRE
About Carribbean Resort
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 790086
APN: 28-2S-26-9099-00000-1601
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