NOT LISTED FOR SALE

Lot 3-F Penelope St Miramar Beach, FL 32550

Miramar Beach Neighborhood

Estimated Value: $1,177,230 - $1,237,000

0.11 Acre
$11,057,345 Price per Acre
4,792 Sq Ft Lot

Last Sold December 30, 2015

Last sale price $105,000

Est. 1,083% increase in value since last sale

Current estimated payment $7,320/month

121 Days on Market

About This Lot

As of December 2015

Located five short neighborhood blocks north of Scenic Highway 98 is this Villas of Frangista Beach lot. Frangista Beach his home to the historic St. Nikolas by the Sea Chapel, built in 1959 by the first resident of Frangista Beach who named the community after his native town in Greece. Beach access and Whale's Tail gulf front restaurant are just over half a mile away, as is golf at Seascape Resort. Highway 98 is approximately one mile away, leading west to nearby shopping, dining, and entertainment at Destin Commons, and east to designer outlet shopping at Silver Sands Premium Outlets and additional golf at Sandestin Golf and Beach Resort.

Last Agent to Sell the Property

Sarah Stone

Scenic Sotheby's International Realty Listed on: 07/14/2015

Last Buyer's Agent

Sarah Stone

Scenic Sotheby's International Realty Listed on: 07/14/2015

Property Details

Property Type

Land

Est. Annual Taxes

$4,284

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.11
  • Lot Size: 50X100
  • Road Surface Type: Paved Road
  • Subdivision Name: FRANGISTA BEACH 2ND ADDN
  • Directions: From Hwy. 98 turn South onto S. Holiday Road. Turn Left on Scenic Hwy. 98. Turn Left on Miami Street. Turn Left on W. Palm Beach Street. Turn Right on Penelope Street and lot is 5th on your left.
  • Utilities:Underground: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Covenants, Interior, Restrictions, Within 1/2 Mile to Water
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes

Utilities

  • Utilities: Underground

Condo/Co-op/Association

  • Association #2 Fee: 300.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management

Schools

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

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 32-2S-21-42050-00F-0030
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 565.78
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2017
Sold by
Southern Paradise Homes Inc
Bought by
Alphonso Wayne M and Alphonso Carolyn J
Current Estimated Value
$1,242,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Outstanding Balance
$343,151
Interest Rate
4.17%
Estimated Equity
$909,862

Purchase Details

Listed on
Jul 14, 2015
Closed on
Dec 30, 2015
Sold by
Parish Wyatt B
Bought by
Southern Paradise Homes Inc
Seller's Agent
Sarah Stone
Scenic Sotheby's International Realty
Buyer's Agent
Sarah Stone
Scenic Sotheby's International Realty
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.47%
Original Mortgage
$413,000
Interest Rate
3.98%
Mortgage Type
Construction
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
Alphonso Wayne M $510,000 Attorney
Southern Paradise Homes Inc $105,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alphonso Wayne M $408,000
Previous Owner Southern Paradise Homes Inc $413,000
Previous Owner Southern Paradise Homes Inc $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2019 06/23/19 Off Market $105,000 -- --
12/30/2015 12/30/15 Sold $105,000 0.0% --
11/12/2015 11/12/15 Pending -- -- --
07/14/2015 07/14/15 For Sale $105,000 -- --
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 $4,284 $525,067 -- --
2023 $4,284 $509,774 $0 $0
2022 $4,233 $494,926 $0 $0
2021 $4,287 $480,511 $0 $0
2020 $4,358 $502,604 $116,504 $386,100
2019 $4,229 $463,223 $0 $0
2018 $4,161 $454,586 $0 $0
2017 $3,872 $390,697 $90,936 $299,761
2016 $875 $87,439 $0 $0
2015 $672 $86,020 $0 $0
2014 $566 $68,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sarah Stone

    Scenic Sotheby's International Realty

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 734054

Emerald Coast Association of REALTORS®

APN: 32-2S-21-42050-00F-0030

Florida Walton County Miramar Beach 32550 Miramar Beach

Lot 3-F Penelope St, Miramar Beach, FL

This home is located at Lot 3-F Penelope St, Miramar Beach, FL 32550 since 14 July 2015 and is currently estimated at $1,216,308. Lot 3-F Penelope St 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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