See Home Value
Miramar Beach 32550
140 OPEN GULF Street
$800,000
● House - Off Market

140 OPEN GULF Street

Miramar Beach, FL 32550
bedrooms
6 Beds
bathrooms
5 Baths
$1,293,801
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

JUST REDUCED $100,000. NOW PRICED UNDER MARKET''Projected over $90,000 in rentals for 2017 'Shell Shack'is a six bedroom three story beach home with private pool South of Scenic Hwy 98 & located in Destin's popular Miramar Beach area making it a fantastic vacation rental prospect. The first floor has (3) of the (6) bedrooms all of which are decorated in beautiful beachy pastel colors. A separate formal dining room and kitchen with bar & kid's table insures plenty of seating at mealtime. Custom white cabinetry, stainless steel appliances, and quartz counter tops finish off the kitchen touches. The rest of the bedrooms are upstairs on the second floor which provides a separate living space for different families or age groups. The spacious main living area is also on the second floor with access to an open balcony.  The third floor features a bonus room den which has sleeper sofa and offers an array of games which is sure to delight the young....and maybe the young at heart. This awesome beach home can accommodate a party of 22 comfortably which means you can invite the entire extended family for a vacation to remember.  Located in Flood Zone X so no Flood Insurance required and no HOA fees to contend with here either. In addition to being only steps away from the beautiful white sand beach, this locale South of Scenic Gulf Drive places you minutes away from popular beachside restaurants, championship golf or tennis, convenient grocery stores, discount shopping at Silver Sands which is the nation's largest Designer Outlet and family fun at the Village of Baytowne Wharf in Sandestin....and you are only a short walking distance to Starbucks and Chic fil A.  The entire home has just completed interior painting and many furniture upgrades to insure it is more inviting for the returning guests in the Spring....as well as the addition of an outdoor entertainment area with brand new tiki bar with flat screen tv & refrigerator and raised poolside decking which will definitely be a hit with vacationers. Discerning investment or second home buyers should call and schedule their viewing today. (Remember to click on the Documents Tab to view the 2017 Rental Projection) Potential buyers or their Agents need to confirm all information to their satisfaction. Motivated seller says bring all reasonable offers. Incredible package deal available on 156 and 140 Open Gulf St. at $1,675,000.
Unit Size
-
Days on Market
489 days
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
2004

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Last updated: 7 months ago (ECAR #760366)

Price History

Date / Event Date Event Price
Jan 16, 2018 Sold
Sold
Jul 30, 2017 Listed by Ocean Reef Realty Inc $849,000
Listed by Ocean Reef Realty Inc
Sep 7, 2016 Listed by Ocean Reef Realty Inc $820,000
Listed by Ocean Reef Realty Inc

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,973
  • Total Building Area: 2,898
  • Gross Building Area: 2,898
  • Building Area: 2,898
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,898
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MIRAMAR BEACH COTTAGES
  • Land Acres: 0000000183
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 7 MIRAMAR BEACH COTTAGES PB 15-5 OR 2465-623 OR 2589-1745 OR 2698-296 OR 2838-3246 OR 2853-1895 OR 3063-839

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950609

Geography

  • Assessors Map Reference: S2-33-21
  • Parcel: 33-2S-21-42185-000-0070
  • Lot: 7
  • Meridian: SEC 33 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3741
  • Longitude: -86.3492

    Address

  • Full Address: 140 Open Gulf St
  • Address - House Number: 140
  • Address - Street Name: Open Gulf
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C027
  • 4-Digit Zip Code: 4159
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,985
  • Tax Year: 2022
  • Tax Amount: $1,030,508
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 1,820,653
  • High Value: 2,302,951
  • Low Value: 1,338,355

    Market Valuation

  • Market Total Value: $1,317,590
  • Market Land Value: $500,372
  • Market Improvement Value: $817,218

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,317,590
  • Assessed Land Value: $500,372
  • Assessed Improvements Value: $817,218

    Sales

  • Current Sale Contract Date: Jan 12, 2018
  • Current Sale Recording Date: Jan 16, 2018
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20180001604
  • Previous Sale Recording Date: Jan 16, 2018
  • Previous Sale Contract Date: Jan 12, 2018
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Miramar Beach


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Frequently Asked Questions

When was property at 140 Open Gulf Street built and last sold?
The property at 140 Open Gulf Street was built in 2004 and last sold on Jan 12, 2018 for $800,000.
How much is this home worth?
The estimated value of the home located at 140 Open Gulf Street is $0.
What are some comparable homes to 140 Open Gulf Street?
There are currently no comparable homes to 140 Open Gulf Street.