NOT LISTED FOR SALE

89 Stingray St Destin, FL 32541

Estimated Value: $1,214,745 - $1,428,000

5 Beds
3.5 Baths
2,482 Sq Ft
$539/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $755,000 $304 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,863/month

71 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Destin Elementary School Rated A-
  • Newly Painted Property
  • Florida Architecture

About This Home

As of April 2019

Believe it. 12% CapRate based on new list price and $92,000 2018 income. 14% CapRate based 2019 BOOKINGS. ''Southern Charm'' has everything an investor/owner could ever want. The Crystal Beach LOCATION is perfect. The 5 bedrooms 3.5 baths make it family friendly.Heated pool and a golf cart make it convenient. The excellent rental income makes it cash flow. 3 Public Beach access points are 1 blk away. Southern wraparound porches add another 1200 sq ft of enjoyable space. Check out the reviews of the property- and the strong 2019 bookings on VRBO #905117. The interior has been recently painted and new carpeting installed in 2018. Home is being sold fully furnished and golf cart conveys with acceptable offer. See cost to own and return on investment docs or call

Last Agent to Sell the Property

Scott Martineau

RE/MAX Coastal Properties License #3260680 Listed on: 12/27/2018

RE/MAX Coastal Properties

Last Buyer's Agent

Michael Savage

Destin Palms Vacations Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,797

Year Built

  • Built in 1992

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Partially Fenced Property
  • Privacy Fence
  • Property is zoned City

Home Design

  • Florida Architecture
  • Newly Painted Property
  • Off Grade Structure
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Wood Trim
  • Vinyl Siding

Interior Spaces

  • 2,482 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Crown Molding
  • Vaulted Ceiling
  • Recessed Lighting
  • Garden Windows
  • Living Room
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Built-In Barbecue
  • Porch

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

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

Community Details

  • Crystal Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0580-0022-0180

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,797

Year Built

Built in 1992

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 50 X 150
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: CRYSTAL BEACH
  • Directions: On east side of Stingray between Luke and John. One block north of Old Scenic 98 Hwy near 790 On the Gulf
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1992
  • ResoBuildingAreaSource: Appraiser
  • Remarks Misc:Remarks: Believe it. 12% CapRate based on new list price and $92,000 2018 income. 14% CapRate based 2019 BOOKINGS. ''Southern Charm'' has everything an investor/owner could ever want. The Crystal Beach LOCATION is perfect. The 5 bedrooms 3.5 baths make it family friendly.Heated pool and a golf cart make it convenient. The excellent rental income makes it cash flow. 3 Public Beach access points are 1 blk away. Southern wraparound porches add another 1200 sq ft of enjoyable space. Check out the reviews of the property- and the strong 2019 bookings on VRBO #905117. The interior has been recently painted and new carpeting installed in 2018. Home is being sold fully furnished and golf cart conveys with acceptable offer. See cost to own and return on investment docs or call
  • 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
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Ceiling Crwn Molding, Ceiling Raised, Floor Hardwood, Floor Tile, Floor WW Carpet, Furnished - All, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Washer/Dryer Hookup, Window Garden
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Window Garden: Yes

Exterior Features

  • Lot Features: Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Foundation Off Grade, Frame, Roof Metal, Roof Pitched, Vinyl Siding, Trim Wood
  • Exterior Features: Balcony, BBQ Pit/Grill, Fenced Lot-Part, Fenced Privacy, Pool - Heated, Pool - In-Ground, Porch, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Shower: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Foundation Off Grade: Yes

Utilities

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

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 00-2S-22-0580-0022-0180
  • Zoning: City
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5797.1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2018
Closed on
Apr 12, 2019
Sold by
Dukes James K and Dukes Bobbie L
Bought by
Tassitano James Frank and Tassitano Janet
Seller's Agent
Scott Martineau
RE/MAX Coastal Properties
Buyer's Agent
Michael Savage
Destin Palms Vacations Inc
List Price
$755,000
Sold Price
$755,000
Current Estimated Value
$1,336,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,686
Avg. Annual Appreciation
8.61%
Original Mortgage
$604,000
Outstanding Balance
$527,753
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$808,933

Purchase Details

Closed on
Nov 1, 2016
Sold by
Foy Jon and Foy Dawn T
Bought by
Dukes James K and Dukes Bobbie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2004
Sold by
Jones Richard E and Jones Nancy
Bought by
Foy John C and Foy Dawn T

Purchase Details

Closed on
Dec 16, 2004
Sold by
Wise Douglas W and Wise Jeri M
Bought by
Jones Richard E and Jones Nancy

Purchase Details

Closed on
Aug 31, 2004
Sold by
Wise Douglas W and Wise Jeri M
Bought by
Jones Richard E and Jones Nancy
Source: Public Records

Range of Values:

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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
Tassitano James Frank $755,000 Aqua Title Services
Dukes James K $575,000 H & Title And Escrow Inc
Foy John C $975,000 H & S Title & Escrow Inc
Jones Richard E -- --
Jones Richard E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tassitano James Frank $604,000
Previous Owner Dukes James K $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2019 04/12/19 Sold $755,000 0.0% $304 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
12/27/2018 12/27/18 For Sale $755,000 -- $304 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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 $10,895 $965,090 $566,284 $398,806
2024 $9,763 $964,972 $549,791 $415,181
2023 $9,763 $921,247 $513,822 $407,425
2022 $8,869 $820,699 $467,111 $353,588
2021 $7,484 $602,643 $321,300 $281,343
2020 $6,964 $556,600 $306,000 $250,600
2019 $6,686 $541,882 $306,000 $235,882
2018 $5,989 $466,376 $0 $0
2017 $5,797 $443,574 $0 $0
2016 $5,295 $436,566 $0 $0
2015 $4,974 $403,850 $0 $0
2014 $4,339 $334,554 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 813084

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0580-0022-0180

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