NOT LISTED FOR SALE

Estimated Value: $5,096,000 - $15,352,018

5 Beds
4 Baths
2,814 Sq Ft
$3,633/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $3,375,000 $1,199 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $66,016/month

68 Days on Market

Highlights

  • Beach Front
  • Gulf View
  • Maid or Guest Quarters
  • Bay Elementary School Rated A-
  • 0.52 Acre Lot
  • Beach House

About This Home

As of July 2018

There is room to fulfill any dream on this exclusive Gulf front oasis that is, Cloud 9. This property is expansive, grassy and well-planted not to mention the stunning scenery, additional guest house and ample parking that comes along with it. Pull into the large driveway area, slide into the two car garage, or drive around to the side and unload an armful. All of the additional space allows for easy entertaining and effortless access.
Up the steps on the oversized covered deck you can dine, lounge, entertain or simply breathe in the view overlooking the Gulf of Mexico. Built in 2013, the guest house is beautifully designed with modern interiors and finishes like shiplap walls, hardwood flooring and touches of marble accents that look triple mint fresh. Enjoy your home hideaway while you watch your Gulf front dream develop before your eyes.
Opportunity awaits the creative mind on this large Gulf front property. A recently built guest house and a seperate Gulf front single-family home all on one lot allow residents to rent out the home or have it rehabbed to your taste. Additions to the home, an expansive Gulf front porch or even a cascading infinity edge pool are easy to envision for this sanctuary by the sea.

Last Agent to Sell the Property

Blake Morar Group

Scenic Sotheby's International Realty Listed on: 04/20/2018

Last Buyer's Agent

Beau Blankenship

Christies International Real Estate Emerald Coast License #3305087

Christies International Real Estate Emerald Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,012

Year Built

  • Built in 1963

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 64x352
  • Beach Front
  • Property fronts gulf or ocean
  • Coastal Setback
  • Property fronts a county road
  • Level Lot
  • Sprinkler System
  • Lawn Pump

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Dwelling with Rental
  • Repairs Needed
  • Metal Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,814 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Living Room
  • Gulf Views

Kitchen

  • Induction Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Shower Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Covered Deck
  • Separate Outdoor Workshop

Schools

  • Bay Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Air Source Heat Pump
  • Private Company Owned Well
  • Well
  • Multiple Water Heaters
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Seacrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-3S-18-16050-00C-0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,012

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.52
  • Lot Size: 64x352
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: SEACREST
  • Directions: From Hwy 98 E turn right onto S. Watersound Pkwy follow to E Co Hwy 30A and turn right travel about .6 miles and property is on the left.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1963
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Interior Amenities: Built-In Bookcases, Ceiling Crwn Molding, Fireplace, Floor Hardwood, Floor Tile, Floor Vinyl, Furnished - None, Guest Quarters, Lighting Recessed, Needs Work, Walls Wainscoting, Washer/Dryer Hookup
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Smooth Stovetop Rnge: Yes

Exterior Features

  • Lot Features: Coastal Setback, Level, Within 1/2 Mile to Water
  • View: Gulf
  • Waterfront Features: Gulf, Shore - Beach, Shore - Natural
  • Waterfront: Yes
  • Construction Type: Concrete, Roof Metal, Stucco
  • Exterior Features: Deck Covered, Guest Quarters, Hurricane Shutters, Lawn Pump, Separate Bldg Rent, Shower, Sprinkler System, Workshop
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes
  • Lot Features:Coastal Setback: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Other
  • Parking Features:Other3: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump A/A Two +, Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Private Well, Public Water, Septic Tank, Sewer Available, TV Cable
  • Utility: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 22651.2
  • Parcel #: 27-3S-18-16050-00C-0050
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11011.86
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Sold by
Hatcher Properties Inc
Bought by
Raggio Christopher H and Christopher B Raggio Revocable Trust
Current Estimated Value
$10,224,009

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jul 25, 2018
Sold by
Hoover Janet
Bought by
Hatvher Properties Inc
Seller's Agent
Blake Morar Group
Scenic Sotheby's International Realty
Buyer's Agent
Beau Blankenship
Christies International Real Estate Emerald Coast
List Price
$3,375,000
Sold Price
$3,375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.27%

Purchase Details

Closed on
Oct 10, 2013
Sold by
Coffman Barrie
Bought by
Coffman Barrie Howard and Barrie Howard Coffman Revocable Living T

Purchase Details

Closed on
Jan 19, 2011
Sold by
Schultes William A
Bought by
Coffman Barrie
Source: Public Records

Similar Homes in Panama City Beach, FL

  • 30 Atwoods Ct, Panama City Beach, FL 32413

    $7,800,000

    • 4 Beds
    • 4 Baths
    • 2,356 Sq Ft
    • 30 Atwoods Ct
    • Panama City Beach, FL

    This Gulf-front home in Rosemary Beach is the epitome of graceful coastal living. In 2022, this beautiful home was totally renovated and enjoyed an addition of a carriage house designed by famed interior designer Ashley Gilbreath as featured in Florida Design magazine. The main home boasts 3 ensuite bedrooms with 2 bunks on the first floor and 3 bunks in the loft overlooking the Gulf of Mexico.

    Jennifer Smith Rosemary Beach Realty LLC

    Section Image
  • 820 Gulf View Dr, Panama City Beach, FL 32413

    $7,900,000

    • 7 Beds
    • 7 Baths
    • 8,653 Sq Ft
    • 820 Gulf View Dr
    • Panama City Beach, FL

    Offering 330 feet of waterfront on Florida's largest coastal dune lake, this luxury residence is sure to appeal to golfers, boaters and fishing enthusiasts. Located across the lake from Sharks Tooth Golf Club this residence is secured behind a walled perimeter and a privacy gate. This outstanding home sits on 2.12 acres of prime lakefront and includes a lengthy private dock and boathouse. Venture

    Tom Fitzpatrick Scenic Sotheby's International Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Raggio Christopher H $12,500,000 Attorney
Hatvher Properties Inc $3,375,000 Neighbirhiid Title Groupo
Coffman Barrie Howard -- Attorney
Coffman Barrie $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hatcher Properties Inc $4,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2018 07/25/18 Sold $3,375,000 0.0% $1,199 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $3,375,000 -- $1,199 / 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 $108,736 $11,757,727 $3,328,000 $8,429,727
2023 $108,736 $12,010,150 $0 $0
2022 $107,703 $11,660,340 $2,759,904 $8,900,436
2021 $22,624 $2,337,264 $2,337,264 $0
2020 $21,345 $2,138,304 $2,138,304 $0
2019 $21,308 $2,145,566 $1,982,016 $163,550
2018 $11,317 $1,172,298 $0 $0
2017 $11,012 $1,148,186 $0 $0
2016 $10,883 $1,124,570 $0 $0
2015 $10,977 $1,116,753 $0 $0
2014 -- $1,107,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 796719

Emerald Coast Association of REALTORS®

APN: 27-3S-18-16050-00C-0050