NOT LISTED FOR SALE

88 Paradise By the Sea Ct Alys Beach, FL 32461

Paradise by The Sea Neighborhood

Estimated Value: $4,203,000 - $20,278,231

8 Beds
9.5 Baths
9,790 Sq Ft
$1,250/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $15,950,000 $1,629 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $80,281/month

Highlights

  • Property fronts gulf or ocean
  • 0.82 Acre Lot
  • Great Room
  • Bay Elementary School Rated A-
  • Beach House
  • 2 Car Attached Garage

About This Home

As of November 2020

WELCOME TO PARADISE. This gulf front estate is a masterfully designed custom home by architect A BOHEME Design, interior designer Melanie Turner Interiors, and landscape architect Kendall Horne. Constructed by EarthBuild in 2019, this 9,790 square foot masterpiece includes eight bedrooms, nine and a half bathrooms, a separate guest house, two private pools, a residential elevator, two primary suites and impressive views of the stunning turquoise waters of the Gulf of Mexico.

Last Agent to Sell the Property

Amanda Hampel

Rosemary Beach Realty LLC License #3285581 Listed on: 11/18/2020

Co-Listed By

Clark & Mitchell Group

Rosemary Beach Realty LLC

Last Buyer's Agent

Abbott Martin Group

EXP Realty LLC

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,311

Year Built

  • Built in 2019

Lot Details

  • 0.82 Acre Lot
  • Lot Dimensions are 60 x 634
  • Property fronts gulf or ocean

HOA Fees

  • $552 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Carport

Home Design

  • Beach House

Interior Spaces

  • 9,790 Sq Ft Home
  • 4-Story Property
  • Great Room
  • Gulf Views

Bedrooms and Bathrooms

  • 8 Bedrooms

Schools

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

Utilities

  • Multiple cooling system units

Community Details

  • Paradise By The Sea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35-3S-18-16020-00A-0280

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,311

Year Built

Built in 2019

Lot Details

0

HOA Fees

$552 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.82
  • Lot Size: 60 x 634
  • Co List Office Mls Id: ERMB
  • Co List Office Phone: 850-278-2000
  • Subdivision Name: PARADISE BY THE SEA
  • Directions: Paradise by the Sea is located between Rosemary Beach and Alys Beach on the south side of Scenic Hwy 30A. Upon entering the community gate turn left, house is on the right.
  • Architectural Style: Beach House
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2019
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Energy:AC - 2 or More: Yes
  • Rooms:Great Room: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Total Bedrooms: 8

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Carport
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Parking Features:Carport3: Yes

Utilities

  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Association #2 Fee: 6620.5
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 35719.2
  • Parcel #: 35-3S-18-16020-00A-0280
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 46311.31
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Nov 17, 2020
Sold by
Breedlove Pamela B
Bought by
88 Paradise Llc
Seller's Agent
Amanda Hampel
Rosemary Beach Realty LLC
Buyer's Agent
Abbott Martin Group
EXP Realty LLC
List Price
$15,950,000
Sold Price
$15,950,000
Current Estimated Value
$12,240,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,709,384
Avg. Annual Appreciation
-5.52%

Purchase Details

Closed on
Jun 11, 2020
Sold by
Breedlove Gregory B and Breedlove Pamela B
Bought by
Breedlove Pamela B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
2.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2014
Sold by
Butts Robert W
Bought by
Breedlove Gregory B and Breedlove Pamela B

Purchase Details

Closed on
Mar 11, 2010
Sold by
Whitney National Bank
Bought by
Butts Robert W

Purchase Details

Closed on
Nov 13, 2009
Sold by
M Vision Inc
Bought by
Whitney National Bank

Purchase Details

Closed on
Jan 4, 2005
Sold by
Prinzing Colleen D
Bought by
Vision M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 2, 2003
Sold by
Mitchell George Elliott
Bought by
Fite Richard L and Fite Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,575,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 18, 2001
Sold by
Obriant S R and Obriant M J
Bought by
Elliott West Herbert Clark and Elliott Mitchell George
Source: Public Records

Range of Values:

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Average Value
Not Available
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
88 Paradise Llc $15,950,000 Setco Services Llc
Breedlove Pamela B -- Attorney
Breedlove Gregory B $1,950,000 Blue Title Llc
Butts Robert W $1,000,000 None Available
Whitney National Bank $125,100 Attorney
Vision M $2,800,000 --
Prinzing Colleen D $2,200,000 --
Fite Richard L $1,575,000 --
Elliott West Herbert Clark $785,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 88 Paradise Llc $9,660,000
Previous Owner Breedlove Pamela B $750,000
Previous Owner Breedlove Pamela B $750,000
Previous Owner M Vision Inc $1,000,000
Previous Owner Vision M $650,000
Previous Owner Fite Richard L $1,575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 For Sale $15,950,000 0.0% $1,629 / Sq Ft
11/17/2020 11/17/20 Sold $15,950,000 -- $1,629 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
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 $143,174 $15,668,233 $5,460,000 $10,208,233
2023 $143,174 $15,756,995 $5,460,000 $10,296,995
2022 $135,665 $14,638,898 $5,590,737 $9,048,161
2021 $129,462 $13,374,606 $4,869,248 $8,505,358
2020 $85,021 $8,561,181 $4,454,750 $4,106,431
2019 $46,311 $4,856,204 $4,325,000 $531,204
2018 $38,337 $4,104,565 $0 $0
2017 $35,985 $3,988,604 $3,988,604 $0
2016 $31,477 $3,321,346 $0 $0
2015 $27,318 $2,687,500 $0 $0
2014 -- $1,600,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amanda Hampel

    Seller's Agent in 2020

    Amanda Hampel

    Rosemary Beach Realty LLC

    (850) 604-6369

    2 in this area

    15 Total Sales

    Amanda Hampel
    Section Image
  • Clark & Mitchell Group

    Seller Co-Listing Agent in 2020

    Clark & Mitchell Group

    Rosemary Beach Realty LLC

    (850) 428-7635

    2 in this area

    178 Total Sales

    Clark & Mitchell Group
    Section Image
  • Abbott Martin Group

    Buyer's Agent in 2020

    Abbott Martin Group

    EXP Realty LLC

    (850) 460-2900

    2 in this area

    896 Total Sales

    Abbott Martin Group
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 859495

Emerald Coast Association of REALTORS®

APN: 35-3S-18-16020-00A-0280

Florida Walton County Alys Beach 32413 Paradise by The Sea

88 Paradise By the Sea Ct, Alys Beach, FL

This home is located at 88 Paradise By the Sea Ct, Alys Beach, FL 32461 since 18 November 2020 and is currently estimated at $12,240,616, approximately $1,250 per square foot. This property was built in 2019. 88 Paradise By the Sea Ct 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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