NOT LISTED FOR SALE

88 Windward Ln Panama City Beach, FL 32413

Estimated Value: $6,698,000 - $9,539,419

5 Beds
5.5 Baths
3,647 Sq Ft
$2,299/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $10,000,000 $2,742 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $50,283/month

Highlights

  • Beach
  • Property fronts gulf or ocean
  • In Ground Pool
  • Dune Lakes Elementary School Rated A-
  • Deeded access to the beach
  • Maid or Guest Quarters

About This Home

As of April 2022

Pristine architectural styling and exceptional highly curated interiors by Ashley Gilbreath Interior Design characterize this prominent Gulf front home primely positioned in a prime corridor of Rosemary Beach. Presiding over 66' of linear beach frontage, this compound property is a rare estate sized home ideally situated to enjoy the surrounding new urbanism lifestyle along the east end of 30A while yielding exemplary privacy from the walled courtyard facade of this remarkable retreat. Proudly yielding over 3,600 sqft of heated living space including a separate carriage suite, this fully remodeled five bedroom, five and a half bath masterpiece is thoughtfully configured as a multi-generational estate with optimal living arrangements. The courtyard entry and private resort-style pool offer an incomparable sense of arrival accentuated by lush manicured grounds including mature citrus & jasmine. The main house features an inverted living plan to maximize gulf views while providing ample space for entertaining. The first level is anchored by a cozy living space and naturally lit entryway with two generously sized gulf front bedroom suites flanking each side. There is an additional bedroom suite and spacious laundry room as well as direct access to the full floor covered porch overlooking the beautiful Gulf of Mexico. The first level porch allows for direct beach access and landscaped privacy with ample space for entertaining and relaxation.
The ascension up the stairwell includes impressive visual art and direct access into the expansive main living space defined by an open floor plan with sophisticated vaulted ceilings, grandiose fireplace, antique parisian artwork and floor to ceiling glass windows to soak in unimpeded Gulf views. The chef's kitchen is anchored by a sprawling center island with a refined walnut countertop and custom cabinetry adjacent to the professional series gas range, refrigeration and apron sink overlooking eastern vistas of the Gulf of Mexico. The second floor hosts the owner's retreat, which features a Juliette balcony overlooking the courtyard, timeless Chadder & Co. bathtub in the spa-like ensuite bath & shower surrounded by timeless marble accents, antique double vanity and a generously sized walk-in closet. A second-floor covered balcony features a grilling station and ample space for al fresco dining or unwinding. Inside the one-bed, one-bath carriage house, notable architectural features abound including double height ceilings with exemplary windows overlooking the pool & courtyard as well as hardwood flooring, a kitchenette with full-sized appliances including a Bertazzoni range, vent hood, farmhouse sink and a workspace that offers gulf views. The exterior space is significant and well planned yielding two private courtyards with double outdoor showers, garage entrance, patio seating and a heated saltwater pool with a water feature as well as gated beach access. Fully renovated in 2020, this renowned masterpiece embodies traditional southern charm with coastal elegant finishes and is being sold mostly furnished with owner exclusions and has dedicated space for adding a private elevator. Rosemary Beach is a jewel on northwest Florida's Scenic Highway 30A, a blend of old-world charm and world class shopping, dining, farmer's markets and family atmosphere.

Last Agent to Sell the Property

Spears Group

Scenic Sotheby's International Realty Listed on: 04/05/2022

Last Buyer's Agent

Jeff Troy

Counts Real Estate Group Inc License #3110076

Counts Real Estate Group Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 66x120x20x100
  • Property fronts gulf or ocean
  • Street terminates at a dead end
  • Back Yard Fenced
  • Corner Lot

HOA Fees

  • $465 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Newly Painted Property
  • Exterior Columns
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Wood Siding
  • Concrete Siding
  • Wood Trim

Interior Spaces

  • 3,647 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Partially Furnished
  • Built-in Bookshelves
  • Shelving
  • Woodwork
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Gulf Views

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35-3S-18-16061-004-0070

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, management, recreational faclty, security
  • Rosemary Beach Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Community Pavilion
  • Recreation Room

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$465 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 66x120x20x100
  • Road Surface Type: Paved
  • Subdivision Name: ROSEMARY BEACH
  • Directions: Traveling on 30A to Rosemary Beach town center, turn onto S Barrett Sq., left on Rosemary Ave. Follow that all the way east to Windward Lane just past Atwoods Ln., turn right (south) and the home will be on your left at the very end.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2002
  • Remarks Misc:Remarks: Pristine architectural styling and exceptional highly curated interiors by Ashley Gilbreath Interior Design characterize this prominent Gulf front home primely positioned in a prime corridor of Rosemary Beach. Presiding over 66' of linear beach frontage, this compound property is a rare estate sized home ideally situated to enjoy the surrounding new urbanism lifestyle along the east end of 30A while yielding exemplary privacy from the walled courtyard facade of this remarkable retreat. Proudly yielding over 3,600 sqft of heated living space including a separate carriage suite, this fully remodeled five bedroom, five and a half bath masterpiece is thoughtfully configured as a multi-generational estate with optimal living arrangements.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Built-In Bookcases, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Fireplace, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - Some, Guest Quarters, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Shelving, Walls Wainscoting, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Painted, Woodwork Stained
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Fireplace: Yes
  • Interior:Ceiling Beamed: Yes
  • Interior:Guest Quarters2: Yes
  • Interior:Woodwork Stained: Yes
  • Interior:Walls Wainscoting: Yes

Exterior Features

  • Lot Features: Corner, Covenants, Dead End, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Block, Frame, Roof Metal, Roof Pitched, Wood Siding, Trim Wood
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Fenced Back Yard, Fenced Privacy, Guest Quarters, Hurricane Shutters, Patio Covered, Patio Open, Pool - In-Ground, Porch, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Block: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Hurricane Shutters: Yes
  • Lot Features:Dead End: Yes
  • Exterior:Shower: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Lot Features:Corner: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Siding Wood: Yes
  • Exterior:Guest Quarters: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: 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: Beach, Community Room, Deed Access, Exercise Room, Pavillion/Gazebo, Picnic Area, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1395.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Legal, Management, Recreational Faclty, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 35-3S-18-16061-004-0070
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
Apr 6, 2022
Sold by
Mosher and Diana
Bought by
Addy E Barr Revocable Trust
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Jeff Troy
Counts Real Estate Group Inc
List Price
$10,000,000
Sold Price
$10,000,000
Current Estimated Value
$8,385,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,614,860
Avg. Annual Appreciation
-4.54%
Original Mortgage
$6,930,000
Outstanding Balance
$6,441,232
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$1,943,908

Purchase Details

Listed on
Feb 6, 2021
Closed on
Feb 1, 2021
Sold by
Gilbreath Properties Llc
Bought by
Mosher Kevin
Seller's Agent
Clark & Mitchell Group
Rosemary Beach Realty LLC
Buyer's Agent
Spears Group
Scenic Sotheby's International Realty
List Price
$8,127,500
Sold Price
$8,127,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.57%

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 13, 2020
Sold by
Brown James Kevin
Bought by
Gilbreath Properties Llc
Seller's Agent
Keith Flippo
The Premier Property Group Seacrest Office
Buyer's Agent
Clark & Mitchell Group
Rosemary Beach Realty LLC
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
186.97%
Original Mortgage
$4,770,000
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Closed on
May 7, 2010
Sold by
Douglass James S and Douglass Katherine L
Bought by
Brown James Kevin and Brown Kevin

Purchase Details

Closed on
Apr 26, 2004
Sold by
Johnson Roger A and Johnson Beppy S
Bought by
Douglass James S and Douglass Katherine L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Addy E Barr Revocable Trust $9,900,000 Aqua Title Services
Mosher Kevin $8,127,500 Aqua Title Services
Gilbreath Properties Llc $4,900,000 Coastal Title & Escrow
Brown James Kevin $3,850,000 Reli Title Llc
Douglass James S $1,395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Addy E Barr Revocable Trust $6,930,000
Previous Owner Gilbreath Properties Llc $4,770,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2022 04/05/22 For Sale $10,000,000 0.0% $2,742 / Sq Ft
04/04/2022 04/04/22 Sold $10,000,000 +23.0% $2,742 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/06/2021 02/06/21 Sold $8,127,500 0.0% $2,213 / Sq Ft View Prior Sale
02/06/2021 02/06/21 Pending -- -- --
02/06/2021 02/06/21 For Sale $8,127,500 +65.9% $2,213 / Sq Ft
08/13/2020 08/13/20 Sold $4,900,000 0.0% $1,334 / Sq Ft View Prior Sale
07/07/2020 07/07/20 For Sale $4,900,000 -- $1,334 / Sq Ft
06/13/2020 06/13/20 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
2025 $71,665 $7,974,861 $5,016,000 $2,958,861
2024 $70,124 $8,002,890 $4,702,500 $3,300,390
2023 $70,124 $7,717,485 $4,702,500 $3,014,985
2022 $73,107 $7,888,573 $5,215,266 $2,673,307
2021 $56,180 $5,803,910 $4,378,996 $1,424,914
2020 $53,218 $5,378,864 $4,006,264 $1,372,600
2019 $49,868 $5,236,251 $3,889,563 $1,346,688
2018 $47,189 $5,088,993 $0 $0
2017 $44,467 $4,975,872 $3,669,599 $1,306,273
2016 $40,309 $4,418,421 $0 $0
2015 $35,647 $3,711,650 $0 $0
2014 $32,858 $3,367,942 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 884750

Emerald Coast Association of REALTORS®

APN: 35-3S-18-16061-004-0070