NOT LISTED FOR SALE

Presidio Yacht Club Condominiums 124 Miracle Strip Pkwy SW Unit 405 Fort Walton Beach, FL 32548

Estimated Value: $655,794 - $732,000

3 Beds
3 Baths
1,925 Sq Ft
$1,077/mo HOA Fee

Last Sold February 28, 2024

Last sale price $650,000 $338 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,528/month

102 Days on Market

Highlights

  • Marina
  • Views of a Sound
  • Fishing
  • Fort Walton Beach High School Rated A
  • Property fronts an intracoastal waterway
  • Vaulted Ceiling

About This Home

As of February 2024

Seller financing available and huge price improvement. Fantastic views of the Intercoastal Waterway from the 4th floor in one of the premier condo buildings in FT Walton. The impressive entry foyer leads to the wide open floor plan allowing for your creative design with no wasted space. The kitchen opens to the living and dining areas and offers plentiful cabinets and counter space. Beautiful easy care wood flooring adds a touch of warmth. Wake up to great views from the waterfront master and enjoy your coffee on the balcony overlooking the Sound. The master bath offers a jetted garden tub, separate shower, powder room and dual vanities. Two garage parking spaces and a storage unit are included. The guest suite, media room and fitness center are conveniently located on the same floor. The HVAC is only 2 years old and hot water heater was replaced in 2019. The HOA fee includes insurance on the building, wind/hail and flood. Enjoy the view while you exercise at the waterfront fitness center. You can have your friends over to watch a special program on the big screen in the media room. Have more guests than you can accommodate? No problem, there's a guest suite available. Plan your next big party with the use of the waterfront community room. This complex and unit have so much to offer. Don't miss the chance to live your best life on the water.

Last Listed By

Reba Hudspeth

ERA American Real Estate License #332339 Listed on: 10/03/2023

ERA American Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,600

Year Built

  • Built in 2007

Lot Details

HOA Fees

  • $1,077 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking
  • Deeded Parking

Property Views

Home Design

  • Metal Roof
  • Concrete Siding
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,925 Sq Ft Home
  • Woodwork
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Dining Area
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Home Security

Outdoor Features

  • Balcony

Schools

  • Edwins Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 23-2S-24-2200-0000-0405

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, land recreation, management, recreational faclty, repairs/maintenance, sewer, water, cable TV, trash
  • 82 Buildings
  • 82 Units
  • Presidio Yacht Club Subdivision
  • 16-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room
  • Elevator
  • Community Storage Space

Recreation

  • Community Whirlpool Spa
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Building Fire Alarm
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,600

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,077 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PRESIDIO YACHT CLUB
  • Directions: Hwy 98 West of Beal Pkwy and East of Memorial Pkwy on the Sound side.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2007
  • Utilities Electric: Yes
  • Appliances Microwave: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 82
  • Appliances: Dishwasher, Disposal, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Smooth Stovetop Rnge, Stove/Oven Electric
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Floor Hardwood, Floor Tile, Furnished - None, Lighting Recessed, Pantry, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
  • Stories: 16
  • Window Features: Double Pane Windows
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Smooth Stovetop Rnge: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Sound
  • Waterfront Features: Intracoastal Wtrwy, Sound
  • Waterfront: Yes
  • Construction Type: Concrete, Foundation On Piling, Roof Metal, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Foundation On Piling: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Deeded, Guest
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Deeded: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Elevators, Exercise Room, Fishing, Marina, Pets Allowed, Picnic Area, Pool, Separate Storage, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 1077.03
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Land Recreation, Management, Recreational Faclty, Repairs/Maintenance, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Edwins
  • High School: Fort Walton Beach
  • Middle Or Junior School: Bruner

Lot Info

  • Parcel #: 23-2S-24-2200-0000-0405
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 82

Tax Info

  • Tax Annual Amount: 6600.23
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Feb 28, 2024
Sold by
Schlageter Living Trust
Bought by
Charles Martin Sr Qtip Trust and Charles H Martin Sr Revocable Trust
Seller's Agent
Reba Hudspeth
ERA American Real Estate
Buyer's Agent
Reba Hudspeth
ERA American Real Estate
List Price
$699,900
Sold Price
$650,000
Premium/Discount to List
-$49,900
-7.13%
Total Days on Market
102
Views
64
Current Estimated Value
$695,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,199
Avg. Annual Appreciation
5.91%

Purchase Details

Listed on
Dec 19, 2014
Closed on
Mar 6, 2015
Sold by
Fannie Mae
Bought by
The Schlageter Living Trust and Schlageter Linda Joyce
Seller's Agent
Michael Kelly
Keller Williams Realty Destin
Buyer's Agent
- Ecn.rets.e5685
ecn.rets.RETS_OFFICE
List Price
$274,000
Sold Price
$274,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%

Purchase Details

Closed on
Apr 24, 2014
Sold by
Albright Ray E
Bought by
Federal National Mortgage Association and Albright Renee C

Purchase Details

Closed on
Jan 10, 2008
Sold by
Presidio Developers Llc
Bought by
Albright Ray E and Albright Renee C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Charles Martin Sr Qtip Trust $650,000 None Listed On Document
The Schlageter Living Trust $274,000 Attorney
Federal National Mortgage Association $206,000 None Available
Albright Ray E $637,300 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Albright Ray E $417,000
Previous Owner Albright Ray $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $650,000 0.0% $338 / Sq Ft
01/13/2024 01/13/24 Pending -- -- --
12/07/2023 12/07/23 Price Changed $650,000 -7.1% $338 / Sq Ft
10/03/2023 10/03/23 For Sale $699,900 +155.4% $364 / Sq Ft
03/06/2015 03/06/15 Sold $274,000 0.0% $142 / Sq Ft
02/26/2015 02/26/15 Pending -- -- --
12/19/2014 12/19/14 For Sale $274,000 -- $142 / Sq Ft
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 $6,946 $529,000 -- $529,000
2023 $6,946 $509,000 $0 $509,000
2022 $6,600 $459,000 $0 $459,000
2021 $6,335 $424,000 $0 $424,000
2020 $5,698 $369,000 $0 $369,000
2019 $5,561 $354,000 $0 $354,000
2018 $5,662 $354,000 $0 $0
2017 $5,353 $331,500 $0 $0
2016 $4,827 $299,000 $0 $0
2015 $4,939 $299,000 $0 $0
2014 $4,871 $292,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Emerald Coast Association of REALTORS®

MLS Number: 933654

Emerald Coast Association of REALTORS®

APN: 23-2S-24-2200-0000-0405