e
Seller's Agent in 2017
ecn.rets.e25617
ecn.rets.RETS_OFFICE
87 Green St Panama City Beach, FL 32413
Seacrest Neighborhood
8
Beds
10
Baths
5,700
Sq Ft
0.33
Acres
Highlights
- Property fronts gulf or ocean
- Upgraded Media Wing
- Covered Deck
- Bay Elementary School Rated A-
- Heated In Ground Pool
- Marble Flooring
About This Home
As of May 2017With DEP approval and plans on the ready, construction is set to commence on what will surely be the talk of 30A. Act now to lock in this amazing pre-construction pricing. Set to be grandly situated on a lot of serious proportion and discreetly tucked away on a quiet, private street, this gulf front home is destined to be as unique as its surroundings. Taking advantage of every dimension of space afforded by this Gulf Front lot with 68? of water frontage, you will be amazed at the creative floor plan consisting of 5,700 square feet of heated and cooled space. The home will encompass three floors featuring 8bedrooms, consisting of two masters and an additional three bunk bedrooms, exquisite en-suite baths and three living/media/gathering rooms located on each floor, all opening to gulf front balconies and outdoor living spaces. You will be thoroughly impressed at the level of craftsmanship and creativity to be found in every detail of this magnificent home. Only the finest in materials and fixtures will be used throughout this residence, among them pecky cypress accents, commercial grade appliances, wide plank hardwood flooring, imported tiles and travertine, intricate wood work, elevator, Ipe decking, antique beams, custom sound system throughout, and so much more. With construction about to commence, the new owner still has the opportunity to have some options with regard to colors and options! The true beauty of this home however, lies in the amazing outdoor living spaces which take advantage of the breathtaking, gulf front surroundings. Beautifully designed to be an extension of the interior spaces, these gathering areas will allow for outdoor living on a sensational scale. The 40 FOOT, resort style, gulf front private pool and hot tub will be the envy of your neighbors. Accompanied by a fully equipped summer kitchen, fireplace and expansive lanai?s and decks, this will certainly be the Pi?ce de r?sistance of this stunning residence. These outdoor mecca continue on all three floors allowing for some of the most magnificent views to be afforded on 30A. With the capability to sleep upwards of 30 guests, this home will produce TREMENDOUS rental income. So much is yet to be seen as this masterpiece continues to evolve into what will surely be one of the most talked about gulf front homes on 30A.
Last Agent to Sell the Property
Corcoran Reverie SRB License #662303 Listed on: 04/15/2013
Co-Listed By
Ben Giles
Beachy Beach Destin LLC
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $68,131
Year Built
- Built in 2016
Lot Details
- Lot Dimensions are 68x118x67x123
- Property fronts gulf or ocean
- Back Yard Fenced
- Sprinkler System
Parking
- 2 Car Attached Garage
- Oversized Parking
- Automatic Garage Door Opener
Home Design
- Home to be built
- Beach House
Interior Spaces
- 5,700 Sq Ft Home
- 3-Story Property
- Elevator
- Built-in Bookshelves
- Crown Molding
- Beamed Ceilings
- Recessed Lighting
- Fireplace
- Great Room
- Dining Room
- Upgraded Media Wing
- Gulf Views
- Home Security System
- Washer
Kitchen
- Breakfast Bar
- Double Self-Cleaning Oven
- Gas Oven or Range
- Cooktop<<rangeHoodToken>>
- <<microwave>>
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Disposal
Flooring
- Wood
- Marble
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Built-In Bunk Beds
- Dual Vanity Sinks in Primary Bathroom
- Shower Only in Primary Bathroom
Pool
- Heated In Ground Pool
- Outdoor Shower
Outdoor Features
- Balcony
- Covered Deck
- Outdoor Kitchen
Schools
- Bay Elementary School
- Seaside Middle School
- South Walton High School
Utilities
- Central Air
- TV Antenna
Listing and Financial Details
- Assessor Parcel Number 27-3S-18-16000-011-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 22, 2017
Closed on
May 1, 2017
Sold by
Painted Sky Llc
Bought by
Jms Seacrest Partners Llc
Seller's Agent
ecn.rets.e25617
ecn.rets.RETS_OFFICE
Buyer's Agent
- Ecn.rets.e5328
ecn.rets.RETS_OFFICE
List Price
$6,300,000
Sold Price
$6,300,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,009,194
Avg. Annual Appreciation
1.83%
Original Mortgage
$3,780,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Apr 15, 2013
Closed on
Apr 29, 2016
Sold by
Green Street Properties Llc
Bought by
Painted Sky Llc
Seller's Agent
Hilary Farnum-Fasth
Corcoran Reverie SRB
Buyer's Agent
Bruce King
Beachy Beach Real Estate
List Price
$4,900,000
Sold Price
$4,900,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.25%
Purchase Details
Closed on
Dec 29, 2009
Sold by
Weatherby Harold L
Bought by
Green Street Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6%
Mortgage Type
Seller Take Back
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $6,300,000 | None Available | |
| Warranty Deed | $4,900,000 | Attorney | |
| Warranty Deed | $850,000 | Dune Title Company Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,636,000 | New Conventional | |
| Closed | $3,780,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,470,000 | Negative Amortization | |
| Previous Owner | $1,514,250 | Negative Amortization | |
| Previous Owner | $680,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2019 07/11/19 | Off Market | $4,900,000 | -- | -- |
| 05/01/2017 05/01/17 | Sold | $6,300,000 | 0.0% | $1,105 / Sq Ft |
| 03/07/2017 03/07/17 | Pending | -- | -- | -- |
| 02/22/2017 02/22/17 | For Sale | $6,300,000 | +28.6% | $1,105 / Sq Ft |
| 04/29/2016 04/29/16 | Sold | $4,900,000 | 0.0% | $860 / Sq Ft |
| 09/18/2014 09/18/14 | Pending | -- | -- | -- |
| 04/15/2013 04/15/13 | For Sale | $4,900,000 | -- | $860 / 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 | $68,131 | $8,654,316 | $4,080,000 | $4,574,316 |
| 2023 | $68,131 | $6,679,482 | $0 | $0 |
| 2022 | $63,649 | $7,754,127 | $3,698,520 | $4,055,607 |
| 2021 | $53,434 | $5,520,233 | $2,237,246 | $3,282,987 |
| 2020 | $51,471 | $5,156,194 | $2,046,800 | $3,109,394 |
| 2019 | $48,798 | $4,913,715 | $1,897,200 | $3,016,515 |
| 2018 | $45,270 | $4,540,155 | $0 | $0 |
| 2017 | $36,164 | $3,648,724 | $1,441,151 | $2,207,573 |
| 2016 | $11,841 | $1,320,066 | $0 | $0 |
| 2015 | $10,249 | $1,068,144 | $0 | $0 |
| 2014 | $9,203 | $924,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
-
Buyer's Agent in 2017
- Ecn.rets.e5328
ecn.rets.RETS_OFFICE
-
Hilary Farnum-Fasth
Seller's Agent in 2016
Hilary Farnum-Fasth
Corcoran Reverie SRB
(850) 685-0171
3 in this area
80 Total Sales
-
B
Seller Co-Listing Agent in 2016
Ben Giles
Beachy Beach Destin LLC
-
Bruce King
Buyer's Agent in 2016
Bruce King
Beachy Beach Real Estate
(850) 598-3660
37 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 595017
APN: 27-3S-18-16000-011-0000
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