$450,000
SOLD DEC 9, 2022
2 Beds
2 Baths
1,321 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$341 Per Sq Ft

3% Below List Price

13 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Newly Painted Property
  • J.R. Arnold High School Rated A-
  • Gated Community
  • Vaulted Ceiling

About This Home

As of February 2024

BECOME A HOMEOWNER IN MARGARITAVILLE WATERSOUND TODAY! Why wait 2 years when you could be living your best life now! This newly built, move-in ready home is located in the Jimmy Buffet 55+ gated community. The 2BR/2BA cottage has a separate dining room, full size laundry & 2 car garage. You will enjoy the open floor plan with Mohawk laminate flooring throughout. If you love cooking, this kitchen is perfect with its gas range, granite countertops, extended island, S/S appliances, white cabinetry & recessed lighting. The MBR has a walk-in closet, recessed lighting & large MBA with double vanities and large frameless walk-in tiled shower. Early morning or late afternoon you will find yourself enjoying your screened-in front porch with spring, summer & fall breezes & no bugs to bother you. . The HOA takes care of all lawn maintenance. Washer & Dryer is included in the sale. Amenities include: Latitude Town Square with Bandshell " Latitude Bar & Chill Restaurant " 2nd Floor Bar with panoramic views of the Intracoastal Waterway " Changes in Attitude Poolside Bar " Paradise Pool with Beach Entry " Cabanas " Tiki Huts " Fins Up! " Fitness Center " Workin' N' Playin' Center " Barkaritaville Dog Park " Tennis & Pickleball Courts " Bocce Ball Courts " Walking Trails " AND MORE!
(Amenities are planned to be completed in 2023) There are also outdoor recreational activities in the area, ranging from boating and deep-sea fishing to hiking, biking, golfing and more. Margaritaville Watersound is located on the Emerald Coast between Destin and Panama City and is just off the 30A corridor that runs along 20 miles of coastline with views of some of the most beautiful beaches in the world. Served up with Margaritaville's authentic, no-worries vibe, the great dining, recreation and live entertainment will make this lively downtown the place to be and yet only a golf cart ride away from your new home in paradise! No short term rentals are allowed in Margaritaville Watersound. For additional information about Latitude Margaritaville Watersound, go to www.latitudemargaritaville.com and click on "Watersound."

Last Agent to Sell the Property

Colleen Krika

Berkshire Hathaway HomeServices PenFed Realty License #3104442 Listed on: 10/06/2022

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Logan Anderson

Berkshire Hathaway HomeServices PenFed Realty License #3358220

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2022

Lot Details

  • Lot Dimensions are 100x42
  • Property fronts a private road
  • Sprinkler System
  • Cleared Lot

HOA Fees

  • $274 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Florida Architecture
  • Property Attached
  • Newly Painted Property
  • Frame Construction
  • Dimensional Roof
  • Composition Shingle Roof
  • Cement Board or Planked

Interior Spaces

  • 1,321 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Schools

  • West Bay Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period
  • Assessor Parcel Number 32503-200-110

Community Details

Overview

  • Association fees include ground keeping, management, master, recreational faclty
  • Latitude Margaritaville Subdivision
  • The community has rules related to covenants
  • Handicap Modified Features In Community

Recreation

  • Boat Dock
  • Marina
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Recreation Room
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 2022

Lot Details

0

HOA Fees

$274 per month

Parking

2

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size: 100x42
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EPNF
  • Co List Office Phone: 850-267-0013
  • Subdivision Name: Latitude Margaritaville
  • Directions: From Hwy 98 turn North onto Hwy 79. Drive 6.3 miles and turn left on to Latitude Blvd (Construction Entrance). Drive 0.5 miles and turn right on to Margarita Blvd. Drive 0.1 miles and turn right onto Conch Shell Ct. Take the first right and the driveway will be on the left. Available for GPS via Apple Maps and Waze.
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2022
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Rooms:Screened Porch: Yes
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Dual Fuel, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Vaulted, Furnished - None, Kitchen Island, Lighting Recessed, Newly Painted, Pantry, Split Bedroom, Washer/Dryer Hookup, Window Treatment All
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Appliances:StoveOven Dual Fuel: Yes

Exterior Features

  • Lot Features: Cleared, Covenants, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Frame, Roof Dimensional Shg, Siding CmntFbrHrdBrd, Slab
  • Exterior Features: Porch Screened, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Cleared: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Porch Screened: Yes
  • Lot Features:Sidewalk: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Community Room, Dock, Exercise Room, Gated Community, Handicap Provisions, Marina, Minimum Rental Prd, Pets Allowed, Pool, Tennis
  • Association #2 Fee: 273.62
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

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

Schools

  • Elementary School: West Bay
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Parcel #: 32503-200-110
  • Zoning: Deed Restrictions
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Feb 14, 2024
Sold by
Gillian Audrey G and Gillian Michael
Bought by
Schroeder Patrick and Schroeder Shelly
Seller's Agent
Marc Miller
Re/Max By The Sea
Buyer's Agent
Heather Denaro
Beachy Beach Real Estate
List Price
$485,000
Sold Price
$430,000
Premium/Discount to List
-$55,000
-11.34%
Views
30
Current Estimated Value
$448,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,372
Avg. Annual Appreciation
1.47%

Purchase Details

Listed on
Oct 6, 2022
Closed on
Dec 9, 2022
Sold by
Renee E Priggs Revocable Trust
Bought by
Gillian Audrey G and Gillian Michael
Seller's Agent
Colleen Krika
Berkshire Hathaway HomeServices PenFed Realty
List Price
$465,000
Sold Price
$450,000
Premium/Discount to List
-$15,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.78%
Original Mortgage
$310,347
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2022
Sold by
Priggs Renee E
Bought by
Renee E Priggs Revocable Trust

Purchase Details

Closed on
Apr 28, 2022
Sold by
Lmws Llc
Bought by
Priggs Renee E
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 Type Sale Price Title Company
Warranty Deed $430,000 South Oak Title
Warranty Deed $450,000 Mcneese Title
Warranty Deed -- None Listed On Document
Special Warranty Deed $291,600 New Title Company Name
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $310,347 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $430,000 -5.5% $326 / Sq Ft
12/18/2023 12/18/23 Price Changed $455,000 -2.2% $344 / Sq Ft
12/02/2023 12/02/23 Price Changed $465,000 -2.1% $352 / Sq Ft
11/10/2023 11/10/23 Price Changed $475,000 -2.1% $360 / Sq Ft
09/05/2023 09/05/23 For Sale $485,000 +7.8% $367 / Sq Ft
01/22/2023 01/22/23 Off Market $450,000 -- --
12/09/2022 12/09/22 Sold $450,000 0.0% $341 / Sq Ft
12/09/2022 12/09/22 Sold $450,000 -3.2% $341 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/19/2022 10/19/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $465,000 0.0% $352 / Sq Ft
10/06/2022 10/06/22 For Sale $465,000 -- $352 / 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 -- $381,225 $40,000 $341,225
2023 -- $250,289 $0 $0
2022 $245 $21,213 $21,213 $0
2021 $5 $403 $403 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 909555

Emerald Coast Association of REALTORS®

APN: 32503-200-110