NOT LISTED FOR SALE

Lot 24 Shelly's Way Miramar Beach, FL 32550

Estimated Value: $1,397,000 - $1,787,000

0.12 Acre
$13,084,625 Price per Acre
5,227 Sq Ft Lot

Last Sold November 21, 2019

Last sale price $145,000

Est. 983% increase in value since last sale

Current estimated payment $9,264/month

Highlights

  • Fishing
  • Gated Community
  • Community Pool
  • Van R. Butler Elementary School Rated A-

About This Lot

As of November 2019

Pavered roads, gated community, club house and pool, and just minutes from the beach. Build your dream vacation home here and enjoy all the amenities the community has to offer. Close to dining, shopping, and water activities. We have additional lots available. Buyers are responsible for verifying all dimensions, measurements, setbacks, utilities, and environmental assessments/restrictions.

Last Agent to Sell the Property

Jason Green

Watersound Real Estate License #3234252 Listed on: 10/13/2019

Last Buyer's Agent

Leah VanHoose

Coldwell Banker Realty License #3413400

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $696

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property is zoned Deed Restrictions, Resid

HOA Fees

  • $142 Monthly HOA Fees

Schools

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

Utilities

  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 29-2S-21-42060-00A-0240

Community Details

Overview

  • Association fees include accounting, ground keeping, master, recreational faclty, trash
  • Frangista Beach Subdivision
  • The community has rules related to covenants

Recreation

  • Community Pool
  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$696

Lot Details

0

HOA Fees

$142 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.12
  • Lot Size: 50x100
  • Road Frontage Type: City Road
  • Subdivision Name: FRANGISTA BEACH
  • Directions: From Frangista Beach on Scenic Gulf Drive, turn north on Miami Street. Proceed to the gate. Turn right on Mobile Street, then take the first left on Lake St. Then turn left by the south side of the pond. Property will be vacant lot on your left.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Tap Fee Due: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Covenants, Restrictions
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes

Utilities

  • Utilities: Electric, Public Sewer, Public Water, Tap Fee Due

Condo/Co-op/Association

  • Community Features: Fishing, Gated Community, Pool
  • Association #2 Fee: 425.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Master Association, Recreational Faclty, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 29-2S-21-42060-00A-0240
  • Zoning: Deed Restrictions, Resid
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 695.95
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2023
Sold by
Cabana Family Vacations Llc
Bought by
Sholly Llc
Current Estimated Value
$1,570,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,444,150
Outstanding Balance
$851,159
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$718,996

Purchase Details

Closed on
Jun 14, 2021
Sold by
Morrisett Samuel M and Morriseti Kristen C
Bought by
Cabana Family Vacations Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 13, 2019
Closed on
Nov 18, 2019
Sold by
Cdr Properties Llc
Bought by
Morrisett Samuel M and Morrisett Kristen C
Seller's Agent
Jason Green
Watersound Real Estate
Buyer's Agent
Leah VanHoose
Coldwell Banker Realty
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.95%
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
Sholly Llc $1,699,000 None Listed On Document
Cabana Family Vacations Llc -- Knight Barry Title Sln Inc
Morrisett Samuel M $145,000 H & S Title And Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sholly Llc $1,444,150
Previous Owner Cabana Family Vacations Llc $463,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2019 11/21/19 Sold $145,000 0.0% --
10/13/2019 10/13/19 For Sale $145,000 -- --
10/04/2019 10/04/19 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 $9,567 $1,135,763 $450,000 $685,763
2023 $9,567 $979,933 $0 $0
2022 $8,256 $890,848 $156,462 $734,386
2021 $5,026 $524,761 $127,898 $396,863
2020 $1,062 $106,373 $106,373 $0
2019 $803 $102,282 $102,282 $0
2018 $696 $85,520 $0 $0
2017 $658 $83,029 $83,029 $0
2016 $608 $76,034 $0 $0
2015 $594 $74,800 $0 $0
2014 $550 $68,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jason Green

    Watersound Real Estate

    (850) 428-3002

    27 in this area

    58 Total Sales

    Jason Green
    Section Image

  • L

    Buyer's Agent in 2019

    Leah VanHoose

    Coldwell Banker Realty

    (410) 924-8001

    1 in this area

    9 Total Sales

    Leah VanHoose
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 833253

Emerald Coast Association of REALTORS®

APN: 29-2S-21-42060-00A-0240

Florida Walton County Miramar Beach 32550

Lot 24 Shelly's Way, Miramar Beach, FL

This home is located at Lot 24 Shelly's Way, Miramar Beach, FL 32550 since 13 October 2019 and is currently estimated at $1,570,155. Lot 24 Shelly's Way is a home located in Walton County with nearby schools including Van R. Butler 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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