NOT LISTED FOR SALE

87 Marigot Bay Cir Miramar Beach, FL 32550

Estimated Value: $769,000 - $853,000

4 Beds
2 Baths
1,848 Sq Ft
$443/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $482,500 $261 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,779/month

12 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Gated Community
  • Van R. Butler Elementary School Rated A-
  • In Ground Pool
  • Vaulted Ceiling

About This Home

As of September 2020

Gated Community with Deeded BEACH & low HOA fees. Home, with backyard Pool, located in a desirable private circle. Perfect for primary or second home, long term rental or vacation rental with a great return. $85k annual gross vacation rental income for comparable homes in community. Most sought after split bedroom floor plan with spacious kitchen, breakfast nook & dining room. Master Suite with ensuite bath overlooks backyard Pool. 2 Guest bedrooms share a full bath. An extra bedroom used as study/small den located near front entry. Spacious Great room, with fireplace, leads to covered patio area & Pool surrounded by paver stones & privacy fence & separate yard. Wooded preserve buffer behind the property. Laundry Room & 2 Car Garage. 1 of 16 homes in the circle which have larger back yards Enjoy living in a friendly Community with 320 feet of Private Deeded Beach with 2 beach access gates, convenient Community North & South Entrance Gates, private streets & common grounds. Low HOA fees of $708/year. Convenient location & close to Bike/Pedestrian Path & several Beachside Restaurants, Grocery Stores & Shopping.

Last Agent to Sell the Property

William Flynn

Berkshire Hathaway HomeServices PenFed Realty License #3201408 Listed on: 07/08/2020

Co-Listed By

Catherine Hicks

Berkshire Hathaway HomeServices PenFed Realty License #3160686

Last Buyer's Agent

Nicole Guidry

Century 21 Blue Marlin Pelican

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,956

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 113.80 x 43.02 x 114.50 x 85.43
  • Property fronts a private road
  • Coastal Barrier Zone
  • Back Yard Fenced
  • Sprinkler System
  • Lawn Pump

HOA Fees

  • $59 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Dimensional Roof
  • Composition Shingle Roof
  • Vinyl Siding
  • Aluminum Trim

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Dining Room
  • Painted or Stained Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Covered Patio or Porch

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30-2S-21-42790-00D-0110

Community Details

Overview

  • Association fees include accounting, land recreation, management, master
  • Paradise Retreat Subdivision
  • The community has rules related to covenants

Recreation

  • Beach

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,956

Year Built

Built in 2004

Lot Details

0

HOA Fees

$59 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 113.80 x 43.02 x 114.50 x 85.43
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EPNF
  • Co List Office Phone: 850-267-0013
  • Subdivision Name: PARADISE RETREAT
  • Directions: From Scenic Gulf Drive, turn North onto Sandy Cay Dr. After passing through the Gate, veer right & follow Sandy Cay around to Marigot Bay Circle. Turn onto Marigot Bay Cir & follow around until 87 Marigot Bay Circle. From Hwy 98, turn South onto Sandy Cay Dr. After passing through the Gate, veer left & follow Sandy Cay to Marigot Bay Circle. Turn onto Marigot Bay Cir until 87 Marigot Bay Circle.
  • Architectural Style: Traditional
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2004
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Covered Porch: Yes
  • Rooms:Foyer: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Breakfast Room: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Water Heater - Gas: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Ceiling Vaulted, Fireplace, Furnished - None, Pantry, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Split Bedroom: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Brick, Roof Dimensional Shg, Vinyl Siding, Trim Aluminum
  • Exterior Features: Fenced Back Yard, Fenced Privacy, Lawn Pump, Pool - In-Ground, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Trim Aluminum: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Brick: Yes
  • Lot Features:Sidewalk: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • 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: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Gated Community, Pets Allowed
  • Association #2 Fee: 59.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Land Recreation, Management, Master Association

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 30-2S-21-42790-00D-0110
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres
  • Lot Features Coastal Barrier Zone: Yes

Tax Info

  • Tax Annual Amount: 2956.03
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Aug 28, 2020
Sold by
Moody Horace A and Feige Laura
Bought by
Tuffy Daniel R and Tuffy Bethany
Seller's Agent
William Flynn
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Nicole Guidry
Century 21 Blue Marlin Pelican
List Price
$482,500
Sold Price
$482,500
Current Estimated Value
$818,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,509
Avg. Annual Appreciation
10.84%
Original Mortgage
$386,000
Outstanding Balance
$342,549
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$475,460

Purchase Details

Closed on
Aug 15, 2018
Sold by
Lfhm Llc
Bought by
Horace A Moody A and Horace Laura Feige Joint

Purchase Details

Closed on
Jan 14, 2005
Sold by
Feige Laura and Moody Horace A
Bought by
Lfhm Llc

Purchase Details

Closed on
Oct 14, 2004
Sold by
Adams Homes Of Northwest Florida Inc
Bought by
Moody Horace A and Feige Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,120
Interest Rate
5.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Tuffy Daniel R $482,500 Aqua Title Services
Horace A Moody A -- Attorney
Lfhm Llc $196,400 --
Moody Horace A $246,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuffy Daniel R $386,000
Previous Owner Moody Horace A $197,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2020 09/01/20 Sold $482,500 0.0% $261 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $482,500 0.0% $261 / Sq Ft
09/04/2019 09/04/19 Rented $2,500 0.0% --
09/04/2019 09/04/19 Under Contract -- -- --
08/04/2019 08/04/19 For Rent $2,500 -- --
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 $5,154 $648,621 $125,000 $523,621
2023 $5,154 $458,224 $0 $0
2022 $4,766 $623,172 $45,898 $577,274
2021 $3,666 $378,697 $40,144 $338,553
2020 $2,978 $298,373 $36,727 $261,646
2019 $2,956 $297,656 $35,314 $262,342
2018 $2,916 $292,440 $0 $0
2017 $2,653 $267,718 $32,967 $234,751
2016 $2,617 $261,513 $0 $0
2015 $2,584 $256,501 $0 $0
2014 $2,496 $253,808 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 849269

Emerald Coast Association of REALTORS®

APN: 30-2S-21-42790-00D-0110