NOT LISTED FOR SALE

86 Tidal Bridge Way Alys Beach, FL 32461

Watersound Neighborhood

Estimated Value: $6,199,000 - $8,534,000

6 Beds
6.5 Baths
4,765 Sq Ft
$1,575/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $6,500,000 $1,364 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $47,281/month

11 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Deeded access to the beach
  • Bay Elementary School Rated A-
  • Beach
  • Heated In Ground Pool

About This Home

As of February 2021

Fully renovated first row Gulf-facing home in Watersound offers stunning views of the Gulf. Completion January 2021. Towering sand dunes and Camp Creek offer privacy that truly transcends everyday life. Listen to the Gulf waves from the glamorous outdoor bathtub, or relax with family on one of the deep-sized private balconies. Direct beach access is just opposite the outdoor shower. Carefully selected finishes that adorn the bath areas include Akdo Tile in Calcutta Gold and limestone, white carrera mosaic marble and Thassos marble. Cabinetry is crafted by Markus Dannecker, a 5th generation Swiss Cabinet Maker. The kitchen island is of bleached walnut. Bath works by Hansgrohe and Lacava. Other notable features include reclaimed wood flooring, visual comfort lighting, Control4 system ad motorized TV lifts. Two new Nano Door systems open to a pillar-less view of the enlarged pool and stone deck. The brand new tower captures coastline views for miles east and west. The main house features five bedrooms, four full baths, one half bath and two laundry areas. The carriage offers a full kitchen and full bath. The three-bay garage comes with additional drive way parking. An aesthetically pleasing community pool, lounge deck and kitchen is just a few doors away. One of the closest homes to the beach in Watersound and located in gated Watersound Bridges.

Last Agent to Sell the Property

Tom Fitzpatrick

Scenic Sotheby's International Realty License #3087176 Listed on: 12/17/2020

Scenic Sotheby's International Realty

Last Buyer's Agent

Tom Fitzpatrick

Scenic Sotheby's International Realty License #3087176 Listed on: 12/17/2020

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,081

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 51x182x50x184
  • Lake Front
  • Property fronts gulf or ocean
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $430 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener

Property Views

  • Gulf
  • Lake

Home Design

  • Beach House
  • Newly Painted Property
  • Studio
  • Shingle Roof
  • Composition Shingle Roof
  • Piling Construction

Interior Spaces

  • 4,765 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Window Treatments
  • Great Room
  • Sitting Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Studio bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered Deck
  • Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 21-3S-18-16200-000-0410

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, management, master, recreational faclty, security, trash
  • Watersound Beach Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room
  • Elevator

Recreation

  • Boat Dock
  • Beach
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,081

Year Built

Built in 2007

Lot Details

0

HOA Fees

$430 per month

Parking

3

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 51X182X50X184
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERSOUND BEACH
  • Directions: From 30-A, enter the Bridges gate of Watersound (just east of the HUB). Turn left onto Seabridge Lane. Go to the end, then turn right onto Tidal Bridge Way.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2007
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Stove/Oven Gas, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Interior Amenities: Breakfast Bar, Elevator, Fireplace, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Newly Painted, Washer/Dryer Hookup, Wet Bar, Window Treatment All
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Appliances:StoveOven Gas: Yes

Exterior Features

  • Lot Features: Covenants
  • Pool Features: Pool Type
  • View: Lake, Gulf
  • Waterfront Features: Gulf, Lake
  • Waterfront: Yes
  • Construction Type: Foundation On Piling, Roof Composite Shngl, Roof Shingle/Shake
  • Exterior Features: Balcony, Deck Covered, Fireplace, Guest Quarters, Pool - Heated, Pool - In-Ground, Porch, Porch Open, Shower, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Roof ShingleShake: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dock, Elevators, Exercise Room, Fishing, Gated Community, Picnic Area, Playground, Pool, Waterfront
  • Association #2 Fee: 1290.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Management, Master Association, Recreational Faclty, Security, Trash

Schools

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

Lot Info

  • Parcel #: 21-3S-18-16200-000-0410
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 26080.78
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Feb 26, 2021
Sold by
Papelbon Ashley J and Papelbon Jonathan R
Bought by
Khan Cody
Seller's Agent
Tom Fitzpatrick
Scenic Sotheby's International Realty
Buyer's Agent
Tom Fitzpatrick
Scenic Sotheby's International Realty
List Price
$6,500,000
Sold Price
$6,500,000
Total Days on Market
11
Current Estimated Value
$7,503,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,003,121
Avg. Annual Appreciation
2.89%
Original Mortgage
$4,515,000
Outstanding Balance
$4,102,182
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$3,248,404

Purchase Details

Closed on
Dec 18, 2012
Sold by
Papelbon Jonathan and Papelbon Ashley
Bought by
Papelbon Ashley J and Papelbon Jonathan R

Purchase Details

Closed on
Feb 28, 2011
Sold by
Bvg Panhandle Properties Lllp
Bought by
Papelbon Jonathan and Papelbon Ashley

Purchase Details

Closed on
Jul 15, 2004
Sold by
Hawkins Kathryn S
Bought by
Bvg Panhandle Properties Ltd

Purchase Details

Closed on
Dec 14, 2001
Sold by
St Joe Arvida Home Building Lp
Bought by
Hawkins Kathryn S
Source: Public Records

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Range of Values:

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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
Khan Cody $6,500,000 Setco Services Llc
Papelbon Ashley J -- Attorney
Papelbon Jonathan $2,700,000 South Walton Title Inc
Bvg Panhandle Properties Ltd $2,200,000 --
Hawkins Kathryn S $970,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Cody $2,800,000
Open Khan Cody $4,515,000
Previous Owner Bvg Panhandle Properties Lllp $100,000
Previous Owner Bvg Panhandle Properties Ltd $4,850,000
Previous Owner Bvg Panhandle Properties Ltd $3,359,092
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $6,500,000 0.0% $1,364 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/17/2020 12/17/20 For Sale $6,500,000 -- $1,364 / 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 $60,641 $6,678,711 $2,500,000 $4,178,711
2023 $60,641 $6,673,804 $2,453,035 $4,220,769
2022 $59,538 $6,424,455 $2,722,869 $3,701,586
2021 $41,110 $5,465,867 $2,381,587 $3,084,280
2020 $27,733 $2,778,197 $2,178,853 $599,344
2019 $26,081 $2,626,198 $2,115,391 $510,807
2018 $38,474 $4,251,418 $0 $0
2017 $31,974 $3,307,497 $1,865,191 $1,442,306
2016 $30,454 $3,218,770 $0 $0
2015 $26,376 $2,594,798 $0 $0
2014 -- $2,473,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tom Fitzpatrick

    Scenic Sotheby's International Realty

    (850) 225-4674

    5 in this area

    41 Total Sales

    Tom Fitzpatrick
    Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 861057

Emerald Coast Association of REALTORS®

APN: 21-3S-18-16200-000-0410

Florida Walton County Alys Beach 32413 Watersound

86 Tidal Bridge Way, Alys Beach, FL

This home is located at 86 Tidal Bridge Way, Alys Beach, FL 32461 since 17 December 2020 and is currently estimated at $7,503,121, approximately $1,574 per square foot. This property was built in 2007. 86 Tidal Bridge Way is a home located in Walton County with nearby schools including Bay Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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